NOT LISTED FOR SALE

258 Broadway Newport, RI 02840

Estimated Value: $931,000 - $1,276,000

3 Beds
3 Baths
3,218 Sq Ft
$360/Sq Ft Est. Value

Last Sold February 12, 2015

Last sale price $300,000 $93 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $7,044/month

122 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Corner Lot
  • 4-minute walk to Congdon Parks

About This Home

As of February 2015

Great investment opportunity! Large 3 unit with off street parking on Broadway. Some repairs /improvements required but priced accordingly. Can also work for owner occupant with high potential rental income. Excellent location across from Hospital.

Last Agent to Sell the Property

Chuck Spencer

Hogan Associates Christie's License #RES.0025335 Listed on: 09/12/2014

Last Buyer's Agent

Annabelle Harris

William Raveis Inspire License #RES.0027969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,615

Year Built

  • Built in 1860

Lot Details

  • 6,208 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Stone Foundation
  • Clapboard

Interior Spaces

  • 3,218 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 085
  • Assessor Parcel Number 258BROADWAY.NEWP

Community Details

Overview

  • 3 Units
  • Upper Broadway Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,615

Year Built

Built in 1860

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1425
  • Subdivision Name: UPPER BROADWAY
  • Above Grade Finished Sq Ft: 3218.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1860
  • Special Features: 5120

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Hardwood, Other, Vinyl
  • Living Area: 3218.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Clapboard
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6208.0
  • Parcel #: 258BROADWAY.NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3615.0
  • Tax Lot: 085
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2014
Closed on
Feb 12, 2015
Sold by
Fnma
Bought by
Hoan Ratana and Lim Tithdaranet
Seller's Agent
Chuck Spencer
Hogan Associates Christie's
Buyer's Agent
Annabelle Harris
William Raveis Inspire
List Price
$317,500
Sold Price
$300,000
Premium/Discount to List
-$17,500
-5.51%
Total Days on Market
122
Current Estimated Value
$1,157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,000
Avg. Annual Appreciation
14.58%

Purchase Details

Listed on
Sep 12, 2014
Closed on
Jan 23, 2015
Sold by
Hayes Theresa C
Bought by
Fnma
Seller's Agent
Chuck Spencer
Hogan Associates Christie's
Buyer's Agent
Annabelle Harris
William Raveis Inspire
List Price
$317,500
Sold Price
$300,000
Premium/Discount to List
-$17,500
-5.51%

Purchase Details

Closed on
Aug 9, 2011
Sold by
Fnma
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 13, 2009
Sold by
Hayes Theresa C
Bought by
Gullison John R

Purchase Details

Closed on
Sep 29, 1989
Sold by
Brayton Louise
Bought by
Hayes Gerald
Source: Public Records

Similar Homes in Newport, RI

  • 74 Third St, Newport, RI 02840

    $1,500,000

    • 6 Beds
    • 4 Baths
    • 2,313 Sq Ft
    • 74 Third St
    • Newport, RI

    A rare opportunity in Newport's historic Point district this meticulously maintained multifamily offers three distinct living spaces just blocks from downtown Newport, the waterfront, and the harbor. The main house features a 1-bedroom, 1-bath first-floor unit, and a spacious 4-bedroom, 2-bath second/third-floor unit with living room, dining area, full kitchen, and a private deck. The

    Marisa Ferris Residential Properties Ltd.

    Section Image
  • 54 Coggeshall Ave, Newport, RI 02840

    $1,295,000

    • 4 Beds
    • 2 Baths
    • 2,000 Sq Ft
    • 54 Coggeshall Ave
    • Newport, RI

    Thoughtfully updated multi-family with mansard roof line located in the heart of Newport, RI. Nestled close to the beaches and lower Thames, this neighborhood offers an ideal blend of relaxation and convenience. Sited on a 7,000 square foot lot, the entire home spans 2,000 square feet of living space totaling four bedrooms and two bathrooms. The east facing windows flood the home with natural

    Karin Jackson Compass / Lila Delman Compass

    Section Image
See All Homes in Newport

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hoan Ratana $300,000 --
Fnma $580,505 --
Fnma $580,505 --
Federal National Mortgage Association $485,459 --
Federal National Mortgage Association $485,459 --
Gullison John R $5,000 --
Gullison John R $5,000 --
Hayes Gerald $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoan Ratana $325,000
Closed Hoan Ratana $340,200
Closed Hayes Gerald $250,000
Previous Owner Hayes Gerald $395,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2015 02/12/15 Sold $300,000 -5.5% $93 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $317,500 -- $99 / 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 $6,584 $801,000 $131,900 $669,100
2023 $5,235 $527,700 $104,200 $423,500
2022 $5,071 $527,700 $104,200 $423,500
2021 $4,923 $527,700 $104,200 $423,500
2020 $4,193 $407,900 $92,700 $315,200
2019 $4,193 $407,900 $92,700 $315,200
2018 $4,075 $407,900 $92,700 $315,200
2017 $4,203 $374,900 $41,900 $333,000
2016 $4,098 $374,900 $41,900 $333,000
2015 $4,000 $374,900 $41,900 $333,000
2014 $3,723 $308,700 $33,500 $275,200
Source: Public Records

Agents Affiliated with this Home

  • Chuck Spencer

    Seller's Agent in 2015

    Chuck Spencer

    Hogan Associates Christie's

    (401) 862-7324

    2 in this area

    7 Total Sales

    Chuck Spencer
    Section Image

  • A

    Buyer's Agent in 2015

    Annabelle Harris

    William Raveis Inspire

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1078649

State-Wide MLS

APN: NEWP-000014-000000-000085

Rhode Island Newport County Newport 02840

258 Broadway, Newport, RI

This home is located at 258 Broadway, Newport, RI 02840 since 12 September 2014 and is currently estimated at $1,157,000, approximately $359 per square foot. This property was built in 1860. 258 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes