NOT LISTED FOR SALE

Estimated Value: $868,000 - $906,000

5 Beds
3 Baths
2,728 Sq Ft
$325/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $695,000 $255 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,208/month

23 Days on Market

Highlights

  • Marina
  • Clubhouse
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of June 2021

Investors Delight! Well maintained two-family home centrally located to beaches and downtown Newport. This home boasts hardwood flooring, granite countertops and modern cabinetry. Spacious units, great sunlight & updated fixtures. Property also features detached office/studio equipped with heating, kitchenette, bathroom and washer/dryer with separate entrance. Ample off-street parking & storage available. The ultimate Aquidneck Island investment opportunity you have been looking for!

Last Agent to Sell the Property

Erica Arruda

Keller Williams Coastal License #RES.0042667 Listed on: 05/05/2021

Keller Williams Coastal

Co-Listed By

Coastal Collective Homes Group

Keller Williams Coastal

Last Buyer's Agent

Bethany Cox

HomeSmart Professionals License #RES.0045988

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,332

Year Built

  • Built in 1935

Lot Details

  • 3,864

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,728 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 4 Car Detached Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • 3,864 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 361
  • Assessor Parcel Number 33ALMYSTNEWP

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Off Bliss Rd. Subdivision

Amenities

  • Shops
  • Public Transportation
  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,332

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0887
  • Co List Office Mls Id: KELW02
  • Co List Office Phone: 401-845-9200
  • Subdivision Name: Off Bliss Rd.
  • Above Grade Finished Sq Ft: 2728.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1935
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Bathroom, Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Combination
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3864.0
  • Parcel #: 33ALMYSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation,Walkability

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2000.0

Tax Info

  • Tax Annual Amount: 3332.0
  • Tax Lot: 361
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Jun 28, 2021
Sold by
Amon James and Wigmore Lawren N
Bought by
Perfido Kenneth J and Perfido Sarah B
Seller's Agent
Erica Arruda
Keller Williams Coastal
Buyer's Agent
Bethany Cox
HomeSmart Professionals
List Price
$680,000
Sold Price
$695,000
Premium/Discount to List
$15,000
2.21%
Current Estimated Value
$886,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,574
Avg. Annual Appreciation
8.12%
Original Mortgage
$699,300
Outstanding Balance
$638,618
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$323,115

Purchase Details

Closed on
Oct 19, 2018
Sold by
Amon James and Wigmore Lawren N
Bought by
Amon James and Wigmore Lawren N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$507,478
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 14, 2013
Closed on
Jul 31, 2013
Sold by
Vanderheiden Carmen K
Bought by
Pitts Timothy C
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Patricia Ewenson
William Raveis Inspire
List Price
$309,000
Sold Price
$322,500
Premium/Discount to List
$13,500
4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$316,658
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2001
Sold by
Ninneman Don B
Bought by
33 Almy St Inc

Purchase Details

Closed on
Jul 12, 1999
Sold by
Freitas Frank and Freitas Frank
Bought by
Fair Deanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 21, 1988
Sold by
Winston Eugene
Bought by
Ninneman Don

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
10.48%
Mortgage Type
Purchase Money Mortgage
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
Perfido Kenneth J $695,000 None Available
Amon James $525,000 --
Pitts Timothy C $321,500 --
33 Almy St Inc $164,500 --
Fair Deanne L $137,500 --
Ninneman Don $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perfido Kenneth J $699,300
Previous Owner Amon James $507,478
Previous Owner Ninneman Don $316,658
Previous Owner Ninneman Don $147,000
Previous Owner Ninneman Don $122,500
Previous Owner Ninneman Don $116,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $695,000 +2.2% $255 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $680,000 0.0% $249 / Sq Ft
06/11/2019 06/11/19 For Rent $1,700 0.0% --
06/11/2019 06/11/19 Rented $1,700 0.0% --
01/17/2019 01/17/19 For Rent $1,700 -5.6% --
01/17/2019 01/17/19 Rented $1,800 0.0% --
01/10/2019 01/10/19 Sold $525,000 0.0% $203 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $525,000 +62.8% $203 / Sq Ft
07/31/2013 07/31/13 Sold $322,500 +4.4% $208 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $309,000 -- $199 / 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 $4,539 $552,200 $208,500 $343,700
2023 $3,610 $363,900 $147,400 $216,500
2022 $3,497 $363,900 $147,400 $216,500
2021 $3,395 $363,900 $147,400 $216,500
2020 $3,332 $324,100 $128,600 $195,500
2019 $3,332 $324,100 $128,600 $195,500
2018 $3,238 $324,100 $128,600 $195,500
2017 $3,123 $278,600 $98,900 $179,700
2016 $3,045 $278,600 $98,900 $179,700
2015 $2,973 $278,600 $98,900 $179,700
2014 $3,611 $299,400 $98,900 $200,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1281734

State-Wide MLS

APN: NEWP-000006-000000-000361