NOT LISTED FOR SALE

29 Clinton Ave Newport, RI 02840

Estimated Value: $740,573 - $1,068,000

5 Beds
3 Baths
2,035 Sq Ft
$417/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $176,000 $86 Per Sq Ft

Est. 382% increase in value since last sale

Current estimated payment $4,792/month

25 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • 5-minute walk to Equality Park
  • 3 Car Detached Garage

About This Home

As of November 2015

Affordable two family with one bedroom spacious unit on first floor, and 4 bed two level unit on second floor. 3 bay garage for occupants. Corner Lot. Some repairs and improvements required. Strictly an "AS IS" Sale. H&B 10/13 2pm.

Last Agent to Sell the Property

Chuck Spencer

Hogan Associates Christie's License #RES.0025335 Listed on: 10/05/2015

Last Buyer's Agent

Janet Booth

JB Newport Realty License #REB.0014997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,768

Year Built

  • Built in 1900

Lot Details

  • 3,420 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 2,035 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Partial Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Water Heater

Community Details

  • 2 Units
  • Newport Subdivision

Listing and Financial Details

  • Tax Lot 008
  • Assessor Parcel Number 29CLINTONAVNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,768

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0785
  • Subdivision Name: NEWPORT
  • Above Grade Finished Sq Ft: 2035.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 2035.0
  • Stories: 3

Exterior Features

  • Construction Type: Other
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3420.0
  • Parcel #: 29CLINTONAVNEWP

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2768.0
  • Tax Lot: 008
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Nov 25, 2015
Sold by
Citimortgage Inc
Bought by
Bonne Todd C
Seller's Agent
Chuck Spencer
Hogan Associates Christie's
Buyer's Agent
Janet Booth
JB Newport Realty
List Price
$173,900
Sold Price
$176,000
Premium/Discount to List
$2,100
1.21%
Current Estimated Value
$848,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,643
Avg. Annual Appreciation
16.96%

Purchase Details

Closed on
Jun 15, 2001
Sold by
Ryan Susan P Est
Bought by
Ernest Douglas R and Ernest Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,950
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bonne Todd C $176,000 --
Ernest Douglas R $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ernest Douglas R $166,000
Previous Owner Ernest Douglas R $129,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $176,000 +1.2% $86 / Sq Ft
10/31/2015 10/31/15 Pending -- -- --
10/05/2015 10/05/15 For Sale $173,900 -- $85 / 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
2025 $3,933 $547,800 $178,400 $369,400
2024 $3,818 $547,800 $178,400 $369,400
2023 $3,459 $348,700 $115,700 $233,000
2022 $3,351 $348,700 $115,700 $233,000
2021 $3,253 $348,700 $115,700 $233,000
2020 $3,048 $296,500 $97,300 $199,200
2019 $3,048 $296,500 $97,300 $199,200
2018 $2,962 $296,500 $97,300 $199,200
2017 $2,908 $259,400 $74,800 $184,600
2016 $2,835 $259,400 $74,800 $184,600
2015 $2,768 $259,400 $74,800 $184,600
2014 $2,871 $238,100 $66,900 $171,200
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

    6 Total Sales

    Chuck Spencer
    Section Image
  • Janet Booth

    Buyer's Agent in 2015

    Janet Booth

    JB Newport Realty

    (401) 862-7882

    2 in this area

    14 Total Sales

    Janet Booth
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1109554

State-Wide MLS

APN: NEWP-000014-000000-000008

Rhode Island Newport County Newport 02840

29 Clinton Ave, Newport, RI

Not Listed for Sale

MultiFamily

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