NOT LISTED FOR SALE

34 Farewell St Unit 2 Newport, RI 02840

Estimated Value: $275,000 - $504,000

1 Bed
1 Bath
396 Sq Ft
$1,002/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $205,000 $518 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,308/month

Highlights

  • Furnished
  • Bathtub with Shower
  • Gas Fireplace
  • Window Unit Cooling System
  • Heating System Uses Steam
  • 3-minute walk to Cardines Field

About This Home

As of October 2022

Come check out this newly updated first floor studio with soaring 9ft ceilings and oversized windows. Perfectly situated within an easy stroll to downtown Newport, the waterfront and the vibrant restaurant scene of Washington Square and Broadway. Walk right in to your kitchen/living Room area includes brand new kitchen cabinets, butcher block counter tops, stainless steel appliances, and LVP flooring throughout. The bathroom has been completely redone and features new tile shower and vanity. Tucked away is your custom built in queen bed with chest drawers underneath, with a large closet adjacent. Owner to include water bill, high end window AC unit, all new furnishings/dishware and brand new queen size mattress. Laundry is coin-op and located in the basement, also incudes additional storage. Winter lease term considered.

Last Agent to Rent the Property

Alex Chiera

BHHS Commonwealth Real Estate License #RES.0043362 Listed on: 08/22/2022

BHHS Commonwealth Real Estate

Last Renter's Agent

Alex Chiera

BHHS Commonwealth Real Estate License #RES.0043362 Listed on: 08/22/2022

BHHS Commonwealth Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,757

Year Built

  • Built in 1860

Interior Spaces

  • 396 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Gas Fireplace
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 9/1/22
  • 12 Month Lease Term
  • Assessor Parcel Number 34FAREWELLST2NEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,757

Year Built

Built in 1860

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2022-09-01

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 396.0
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Apartment
  • Year Built: 1860
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Laminate
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 396.0
  • Stories: 1

Exterior Features

  • Construction Type: Drywall

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Laundry Facilities, Trash Collection, Water
  • Association: Yes
  • Pets Allowed: Call, Negotiable, Yes

Lot Info

  • Parcel #: 34FAREWELLST2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 9, 2021
Sold by
Disalvo Anna M
Bought by
Brown Avery
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
Alex Chiera
BHHS Commonwealth Real Estate
List Price
$209,000
Sold Price
$205,000
Premium/Discount to List
-$4,000
-1.91%
Current Estimated Value
$396,796

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,796
Avg. Annual Appreciation
16.37%
Original Mortgage
$153,750
Outstanding Balance
$141,007
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$242,412

Purchase Details

Closed on
Aug 21, 2019
Sold by
Fiszel Geoffrey
Bought by
Geoffrey Fiszel Ret

Purchase Details

Closed on
Aug 5, 2005
Sold by
Farewell Holdings Llc
Bought by
Fiszel Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,640
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Brown Avery $205,000 None Available
Geoffrey Fiszel Ret -- --
Fiszel Barbara $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Avery $153,750
Previous Owner Fiszel Barbara $110,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Rented $2,000 -9.1% --
09/27/2022 09/27/22 Under Contract -- -- --
09/19/2022 09/19/22 Price Changed $2,200 -8.3% $6 / Sq Ft
09/19/2022 09/19/22 For Rent $2,400 0.0% --
09/15/2022 09/15/22 Under Contract -- -- --
08/22/2022 08/22/22 For Rent $2,400 0.0% --
07/09/2021 07/09/21 Sold $205,000 -1.9% $518 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $209,000 +10.0% $528 / Sq Ft
12/24/2020 12/24/20 Sold $190,000 -4.8% $480 / Sq Ft
11/24/2020 11/24/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $199,500 -- $504 / 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 $1,757 $252,100 $0 $252,100
2023 $1,836 $185,100 $0 $185,100
2022 $1,779 $185,100 $0 $185,100
2021 $1,680 $180,100 $0 $180,100
2020 $1,576 $153,300 $0 $153,300
2019 $1,576 $153,300 $0 $153,300
2018 $1,531 $153,300 $0 $153,300
2017 $1,414 $126,100 $0 $126,100
2016 $1,378 $126,100 $0 $126,100
2015 $1,345 $126,100 $0 $126,100
2014 $1,364 $113,100 $0 $113,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1318433

State-Wide MLS

APN: NEWP-000017-000328-000002