NOT LISTED FOR SALE

Estimated Value: $2,122,000 - $3,117,000

10 Beds
8 Baths
4,773 Sq Ft
$533/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $1,255,000 $263 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $14,978/month

117 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Cooling System Mounted In Outer Wall Opening
  • Walking Distance to Water
  • Porch
  • 5-minute walk to Eisenhower Park

About This Home

As of May 2018

Elegant home, or investment property, or BOTH! A full-width front porch with gingerbread trim welcomes you to 29 Bull Street. All 4 units (main house and 3 apartments) have updated kitchens, baths, and individual laundry. The main house portion of this 4-unit property was built in 1855 and retains the charm, elegant moldings, hardwood floors and 10' ceilings of the era. Formal living and dining rooms flank the entry hall and an updated kitchen and ensuite bedroom complete the main level. An additional 2 ensuite bedrooms, 2 bedrooms, shared bath and laundry are on the second level. Unit A: Has a private exterior entrance or can be accessed from main house. 1st floor, living room, 2 BR, 1 BA, eat-in kitchen, laundry. Unit B: Accessed via a shared stairway. 2nd floor, very sunny, sweet, 1 BD, 1BA, living room, eat-in kitchen, laundry. Unit C: Accessed via a shared stairway, townhouse unit on 3rd and 4th levels. 2 BR with one ensuite, 2 FB, living room, eat-in kitchen, laundry, AC and spectacular top of the hill, city and bridge views. The Carriage House is a separate building which has been finished to include an office, extensive library space, a full bath and an open second floor for offices, gym or a getaway space. Updated systems include Buderus boiler, whole house generator, separate electric w/5 meters. Myriad uses for this well-maintained property with great curb appeal and exceptional location just blocks from Newport's historic Washington Square.

Last Agent to Sell the Property

Annie Becker

Lila Delman Compass License #REB.0016723 Listed on: 01/03/2018

Last Buyer's Agent

Amy Hoag

RE/MAX Profnl. Newport, Inc. License #REB.0015474

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,006

Year Built

  • Built in 1855

Lot Details

  • 6,410

Home Design

  • Stone Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 4,773 Sq Ft Home
  • 4-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry in unit
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • 6,410 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 84
  • Assessor Parcel Number 29BULLSTNEWP

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Kay Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Building Details

  • Operating Expense $42,133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,006

Year Built

Built in 1855

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Subdivision Name: Kay - Catherine
  • Above Grade Finished Sq Ft: 4773.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1855
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 8
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 4
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Common, Electric, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6410.0
  • Parcel #: 29BULLSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 42133.0

Tax Info

  • Tax Annual Amount: 13006.0
  • Tax Lot: 84
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Jun 1, 2018
Sold by
Zwack Investments Llc
Bought by
Hoag Ethan D and Hoag Amy L
Seller's Agent
Annie Becker
Lila Delman Compass
Buyer's Agent
Amy Hoag
RE/MAX Profnl. Newport, Inc.
List Price
$1,375,000
Sold Price
$1,255,000
Premium/Discount to List
-$120,000
-8.73%
Current Estimated Value
$2,541,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,286,659
Avg. Annual Appreciation
8.49%
Original Mortgage
$50,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2003
Sold by
Nehra Mandeep and Nehra Monica
Bought by
Zwack Children Fam Ptn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.53%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 1994
Sold by
Oreilly Eugene
Bought by
Mehra Mandeep K and Mehra Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,040
Interest Rate
7.15%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Hoag Ethan D $1,255,000 --
Zwack Children Fam Ptn $840,000 --
Mehra Mandeep K $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoag Ethan D $615,721
Closed Hoag Ethan D $93,392
Open Hoag Ethan D $986,608
Closed Hoag Ethan D $85,000
Closed Hoag Ethan D $1,017,041
Closed Hoag Ethan D $50,000
Previous Owner Mehra Mandeep K $500,000
Previous Owner Mehra Mandeep K $364,000
Previous Owner Mehra Mandeep K $100,000
Previous Owner Mehra Mandeep K $100,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $1,255,000 -8.7% $263 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $1,375,000 -- $288 / 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 $14,830 $1,804,100 $649,800 $1,154,300
2023 $12,376 $1,247,600 $370,400 $877,200
2022 $11,989 $1,247,600 $370,400 $877,200
2021 $11,640 $1,247,600 $370,400 $877,200
2020 $10,381 $1,009,800 $302,100 $707,700
2019 $15,571 $1,009,800 $302,100 $707,700
2018 $15,127 $1,009,800 $302,100 $707,700
2017 $13,006 $836,400 $169,000 $667,400
2016 $12,680 $836,400 $169,000 $667,400
2015 $12,370 $836,400 $169,000 $667,400
2014 $13,715 $820,300 $143,700 $676,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1180129

State-Wide MLS

APN: NEWP-000021-000000-000084