NOT LISTED FOR SALE

321 Broadway Unit 323 Newport, RI 02840

Estimated Value: $884,000 - $1,491,000

4 Beds
2 Baths
2,720 Sq Ft
$391/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $347,000 $128 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $6,105/month

10 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Wood Siding
  • 2 Car Detached Garage
  • Storm Doors

About This Home

As of October 2016

Multi family home with 2 spacious, 1200+ sqft units. Each with its own front porch, garage, driveway, lovely hardwood floors and wood trim. Potential to expand 2nd floor apartment into large unfinished attic. Needs some updating.

Last Agent to Sell the Property

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 08/25/2016

Lila Delman Compass

Co-Listed By

Annie Becker

Lila Delman Compass License #REB.0016723

Last Buyer's Agent

Maureen Mills

Keller Williams Coastal License #RES.0030211

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1900

Lot Details

  • 4,400 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Storm Doors

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

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

Community Details

  • 2 Units
  • Broadway/ Bliss Subdivision

Listing and Financial Details

  • Tax Lot 147
  • Assessor Parcel Number 321323BROADWAY.NEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,941

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.101
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: BROADWAY/ BLISS
  • Above Grade Finished Sq Ft: 2720.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Living Area: 2720.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4400.0
  • Parcel #: 321323BROADWAY.NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2941.0
  • Tax Lot: 147
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2016
Closed on
Oct 5, 2016
Sold by
Cotsoridis Theodore G
Bought by
Tang Will
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Maureen Mills
Keller Williams Coastal
List Price
$375,000
Sold Price
$347,000
Premium/Discount to List
-$28,000
-7.47%
Current Estimated Value
$1,064,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$717,634
Avg. Annual Appreciation
13.28%
Original Mortgage
$241,000
Outstanding Balance
$153,505
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$911,129
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
Tang Will $346,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Will $241,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $347,000 -7.5% $128 / Sq Ft
09/05/2016 09/05/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $375,000 -- $138 / 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 $5,520 $635,300 $121,600 $513,700
2024 $5,222 $635,300 $121,600 $513,700
2023 $4,150 $418,300 $96,000 $322,300
2022 $4,020 $418,300 $96,000 $322,300
2021 $3,903 $418,300 $96,000 $322,300
2020 $3,754 $365,200 $87,900 $277,300
2019 $3,754 $365,200 $87,900 $277,300
2018 $3,648 $365,200 $87,900 $277,300
2017 $3,017 $269,100 $39,800 $229,300
2016 $2,941 $269,100 $39,800 $229,300
2015 $2,871 $269,100 $39,800 $229,300
2014 $2,949 $244,500 $31,800 $212,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2016

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    2 in this area

    34 Total Sales

    Kate Leonard
    Section Image
  • Annie Becker

    Seller Co-Listing Agent in 2016

    Annie Becker

    Lila Delman Compass

    (401) 855-1127

    6 in this area

    34 Total Sales

    Annie Becker
    Section Image
  • Maureen Mills

    Buyer's Agent in 2016

    Maureen Mills

    Keller Williams Coastal

    (401) 578-9001

    49 Total Sales

    Maureen Mills
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1135190

State-Wide MLS

APN: NEWP-000006-000000-000147

Rhode Island Newport County Newport 02840

321 Broadway Unit 323, Newport, RI

This home is located at 321 Broadway Unit 323, Newport, RI 02840 since 25 August 2016 and is currently estimated at $1,064,634, approximately $391 per square foot. This property was built in 1900. 321 Broadway Unit 323 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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