$430,000
SOLD NOV 12, 2015

250 Broadway Newport, RI 02840

7 Beds
3 Baths
4,616 Sq Ft
5,583 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

4% Below List Price

252 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Shops
  • Tennis Courts
  • Public Transportation
  • 4-minute walk to Congdon Parks

About This Home

As of February 2022

EXCELLENT 3 FAMILY HOUSE.2 LARGE 3 BR APARTMENTS. 1 BR APARTMENT ON THE 3rd FLOOR.EXCELLENT RENTAL HISTORY.REPLACEMENT WINDOWS.ROOF (2009).2nd FLOOR UNIT TOTALLY RENOVATED. 3rd FLOOR UNIT RENOVATED (2008).1st FLOOR TENANT(35 YEARS)REFLECTS LOW RENT.

Last Agent to Sell the Property

Terrence Toppa

RE/MAX Profnl. Newport, Inc. License #REB.0014821 Listed on: 02/02/2015

Last Buyer's Agent

Susan Silva

HomeSmart Professionals License #RES.0034124

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1880

Parking

  • No Garage

Home Design

  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 4,616 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storm Doors
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 5,583 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 85-4
  • Assessor Parcel Number 250BROADWAY.NEWP

Community Details

Overview

  • 3 Units
  • Broadway / Rhode Island Avenue Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Building Details

  • Operating Expense $15,288

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,377

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1282
  • Subdivision Name: BROADWAY / RHODE ISLAND AVENUE
  • Above Grade Finished Sq Ft: 4616.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 4616.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5583.0
  • Parcel #: 250BROADWAY.NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 15288.0

Tax Info

  • Tax Annual Amount: 4377.0
  • Tax Lot: 85-4
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2022
Closed on
Jan 25, 2022
Sold by
Bianco Andrea J and Stoos Aloysious J
Bought by
Faccidomo Michael
Seller's Agent
Robert Swift
Edge Realty RI
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$869,000
Sold Price
$869,000
Current Estimated Value
$1,235,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,129
Avg. Annual Appreciation
10.58%
Original Mortgage
$714,285
Outstanding Balance
$667,138
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$567,403

Purchase Details

Listed on
Feb 2, 2015
Closed on
Nov 12, 2015
Sold by
Bidlack Donald T and Bidlack Kenneth R
Bought by
Stoos Aloysious J and Bianco Andrea J
Seller's Agent
Terrence Toppa
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Susan Silva
HomeSmart Professionals
List Price
$449,000
Sold Price
$430,000
Premium/Discount to List
-$19,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$422,211
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $869,000 None Available
Warranty Deed $430,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $714,285 FHA
Previous Owner $512,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $500,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $421,912 FHA
Previous Owner $422,211 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $869,000 0.0% $136 / Sq Ft
02/10/2022 02/10/22 For Sale $869,000 0.0% $136 / Sq Ft
10/14/2019 10/14/19 For Rent $1,700 0.0% --
10/14/2019 10/14/19 Rented $1,700 0.0% --
11/12/2015 11/12/15 Sold $430,000 -4.2% $93 / Sq Ft
10/13/2015 10/13/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $449,000 -- $97 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,584 $1,044,300 $128,400 $915,900
2023 $6,681 $673,500 $101,400 $572,100
2022 $6,472 $673,500 $101,400 $572,100
2021 $6,284 $673,500 $101,400 $572,100
2020 $5,062 $492,400 $90,500 $401,900
2019 $5,062 $492,400 $90,500 $401,900
2018 $4,919 $492,400 $90,500 $401,900
2017 $5,235 $467,000 $40,900 $426,100
2016 $5,104 $467,000 $40,900 $426,100
2015 $4,983 $467,000 $40,900 $426,100
2014 $4,377 $362,900 $32,700 $330,200
Source: Public Records

Agents Affiliated with this Home

  • Robert Swift

    Seller's Agent in 2022

    Robert Swift

    Edge Realty RI

    (401) 644-9016

    12 in this area

    37 Total Sales

    Section Image
  • Alex Fraioli

    Buyer's Agent in 2022

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    25 in this area

    143 Total Sales

    Section Image
  • Connor Dowd

    Buyer's Agent in 2019

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    13 in this area

    401 Total Sales

    Section Image

  • T

    Seller's Agent in 2015

    Terrence Toppa

    RE/MAX Profnl. Newport, Inc.

  • Susan Silva

    Buyer's Agent in 2015

    Susan Silva

    HomeSmart Professionals

    (401) 529-9259

    40 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1087520

State-Wide MLS

APN: NEWP-000014-000085-000004

Rhode Island Newport County Newport 02840

250 Broadway, Newport, RI

This home is located at 250 Broadway, Newport, RI 02840 and is currently priced at $430,000, approximately $93 per square foot. This property was built in 1880. 250 Broadway is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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