NOT LISTED FOR SALE

3 Southmayd St Newport, RI 02840

Estimated Value: $730,325 - $1,093,000

4 Beds
4 Baths
1,850 Sq Ft
$446/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $220,000 $119 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $4,851/month

689 Days on Market

Highlights

  • Game Room
  • Walking Distance to Water
  • Storage Room
  • Tennis Courts
  • Laundry Room
  • Public Transportation

About This Home

As of October 2013

Bright and Clean side by side , strong rental history,new roof,separate utilities,owners unit turn key. Property offers large yard, off street parking, decks, Full basements storage and laundry.

Last Agent to Sell the Property

Michelle Gilman

William Raveis Inspire License #RES.0026182 Listed on: 10/21/2011

William Raveis Inspire

Last Buyer's Agent

Patricia Ewenson

William Raveis Inspire License #RES.0010202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,400

Year Built

  • Built in 1981

Lot Details

  • 4,700

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,850 Sq Ft Home
  • 3-Story Property
  • Game Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Utilities

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

Additional Features

  • Walking Distance to Water
  • 4,700 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 237
  • Assessor Parcel Number 3SOUTHMAYDSTNEWP

Community Details

Overview

  • 2 Units
  • Van Zandt Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,400

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1079
  • Subdivision Name: VAN ZANDT
  • Above Grade Finished Sq Ft: 1850.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Refrigerator
  • Has Basement: Full, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1850.0
  • Dining Room Type: Game Room, Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4700.0
  • Parcel #: 3SOUTHMAYDSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3400.0
  • Tax Lot: 237
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2011
Closed on
Oct 10, 2013
Sold by
Migliori Richard G and Beebe Crhistie L
Bought by
Graves Daniel R and Graves Parvatova
Seller's Agent
Michelle Gilman
William Raveis Inspire
Buyer's Agent
Patricia Ewenson
William Raveis Inspire
List Price
$297,000
Sold Price
$220,000
Premium/Discount to List
-$77,000
-25.93%
Current Estimated Value
$825,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,081
Avg. Annual Appreciation
10.60%
Original Mortgage
$176,000
Interest Rate
4.53%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Graves Daniel R $220,000 --
Graves Daniel R $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parvatova-Graves M $262,000
Closed Parvatova-Graves M $262,000
Closed Migliori Richard $176,000
Previous Owner Migliori Richard $230,000
Previous Owner Migliori Richard $181,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Sold $220,000 -25.9% $119 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
10/21/2011 10/21/11 For Sale $297,000 -- $161 / 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 $4,257 $517,900 $169,500 $348,400
2023 $3,542 $357,100 $129,800 $227,300
2022 $3,432 $357,100 $129,800 $227,300
2021 $3,332 $357,100 $129,800 $227,300
2020 $3,025 $294,300 $98,800 $195,500
2019 $3,025 $294,300 $98,800 $195,500
2018 $2,940 $294,300 $98,800 $195,500
2017 $2,993 $267,000 $76,000 $191,000
2016 $2,918 $267,000 $76,000 $191,000
2015 $2,849 $267,000 $76,000 $191,000
2014 $2,707 $224,500 $56,000 $168,500
Source: Public Records

Agents Affiliated with this Home

  • Michelle Gilman

    Seller's Agent in 2013

    Michelle Gilman

    William Raveis Inspire

    (401) 743-6931

    1 in this area

    13 Total Sales

    Michelle Gilman
    Section Image

  • P

    Buyer's Agent in 2013

    Patricia Ewenson

    William Raveis Inspire

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1004080

State-Wide MLS

APN: NEWP-000009-000000-000237

Rhode Island Newport County Newport 02840

3 Southmayd St, Newport, RI

This home is located at 3 Southmayd St, Newport, RI 02840 since 21 October 2011 and is currently estimated at $825,081, approximately $445 per square foot. This property was built in 1981. 3 Southmayd St 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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