NOT LISTED FOR SALE

Estimated Value: $2,554,915

8 Beds
8.5 Baths
3,466 Sq Ft
$737/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $1,825,000 $527 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,515/month

251 Days on Market

Highlights

  • Deck
  • Tennis Courts
  • Porch
  • Wood Flooring
  • Walking Distance to Water
  • 2-minute walk to Freebody Park

About This Home

As of January 2022

"Admiral Weaver Inn". Well established Bed and Breakfast in the heart of Newport's amenities. This licensed 6 bedroom, 8.5 bath Inn features newly renovated air conditioned rooms, 4 outdoor deck/patio spaces, parking for 8, whole house generator, newer boiler and roof, and updated kitchen. Centrally located between Easton's Beach/Cliff Walk and Downtown Newport, this well run and cared for property awaits it's new operator. Strong financials available upon request.

Last Agent to Sell the Property

Mike Sweeney

Gustave White Sotheby's Realty License #RES.0040637 Listed on: 04/21/2021

Gustave White Sotheby's Realty

Co-Listed By

Dave Huberman

Gustave White Sotheby's Realty License #RES.0031635

Last Buyer's Agent

Gaye S. Barnett

Coldwell Banker Realty License #RES.0044518

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,053

Year Built

  • Built in 1920

Lot Details

  • 5,360 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Combination Foundation
  • Vinyl Siding
  • Masonry
  • Plaster

Interior Spaces

  • 3,466 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 28WEAVERAVNEWP

Community Details

Recreation

  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Bellevue/Cliff Walk Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,053

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.123
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Bellevue/Cliff Walk
  • Above Grade Finished Sq Ft: 3466.0
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 3466.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Masonry, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Combination
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5360.0
  • Parcel #: 28WEAVERAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11053.0
  • Tax Lot: 143
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 28 Weaver Llc $285,000
Closed 28 Weaver Llc $1,368,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $1,825,000 -23.8% $527 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $2,395,000 -- $691 / 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 $18,326 $1,752,000 $433,300 $1,318,700
2023 $12,400 $833,300 $283,200 $550,100
2022 $11,946 $829,000 $283,200 $545,800
2021 $9,933 $710,000 $283,200 $426,800
2020 $11,053 $716,800 $272,200 $444,600
2019 $11,053 $716,800 $272,200 $444,600
2018 $10,738 $716,800 $272,200 $444,600
2017 $8,553 $550,000 $162,300 $387,700
2016 $8,338 $550,000 $162,300 $387,700
2015 $7,936 $536,600 $162,300 $374,300
2014 $7,327 $438,200 $138,000 $300,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1280687

State-Wide MLS

APN: NEWP-000034-000000-000143