NOT LISTED FOR SALE

35 Franklin St Unit 2 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $896,818

3 Beds
2.5 Baths
1,969 Sq Ft
$455/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • No HOA
  • Cooling Available
  • Furnished
  • Walking Distance to Water
  • 4-minute walk to Aquidneck Park

About This Home

As of April 2017

Great rental on Franklin St. located in the heart of downtown Newport. Walk to restaurants, nightlife and shops! Bright and sunny two level unit with lots of character. 3 bedrooms, 2 full baths and one half bath. Two bedrooms downstairs with separate entrance. Great patio area in back. Laundry in unit.

Last Agent to Rent the Property

The Luxury Group

HomeSmart Professionals Listed on: 03/15/2017

Last Renter's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1700

Lot Details

  • 1,742

Interior Spaces

  • 1,969 Sq Ft Home
  • 2-Story Property
  • Furnished

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Listing and Financial Details

  • Property Available on 5/26/17
  • Month-to-Month Lease Term
  • Assessor Parcel Number 35FRANKLINSTNEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Downtown Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1700

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2017-05-26
  • Security Deposit: 1000.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: downtown
  • Above Grade Finished Sq Ft: 1969.0
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1700
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Microwave, Oven, Range, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 1969.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Electricity, Gas, Heat, Hot Water, Laundry Facilities, Cable TV, Water
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 35FRANKLINSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2019
Sold by
Unomas Llc
Bought by
Zach Gregory R and Zaffina Flavia A
Current Estimated Value
$896,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,771
Outstanding Balance
$324,638
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$651,456

Purchase Details

Listed on
Mar 15, 2017
Closed on
May 31, 2017
Sold by
C & D Realty Llc
Bought by
Kato Trading Inc
Seller's Agent
The Luxury Group
HomeSmart Professionals
Buyer's Agent
Connor Dowd
Keller Williams Coastal
Sold Price
$4,000

Purchase Details

Closed on
May 1, 2013
Sold by
Parmelee Anna E
Bought by
C&D Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2007
Sold by
Batkin Stephen and Batkin Annette
Bought by
Parmelee Anna E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
6.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2003
Sold by
Weber Karen
Bought by
Batkin Stephen and Lampe-Batkin Annette

Purchase Details

Closed on
Jul 3, 1996
Sold by
Munafo Julie A
Bought by
Weber Karen Lynn
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
Zach Gregory R $551,000 --
Kato Trading Inc $520,000 --
Unomas Llc -- --
Kato Trading Inc $520,000 --
C&D Realty Llc $430,000 --
C & D Realty Llc $430,000 --
Parmelee Anna E $545,000 --
Parmelee Anna E $545,000 --
Batkin Stephen $428,000 --
Batkin Stephen $428,000 --
Weber Karen Lynn $170,000 --
Weber Karen Lynn $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zach Gregory R $365,771
Previous Owner Weber Karen Lynn $344,000
Previous Owner Weber Karen Lynn $408,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2017 04/21/17 Rented $4,000 0.0% --
03/22/2017 03/22/17 Under Contract -- -- --
03/15/2017 03/15/17 For Rent $4,000 +122.2% --
02/23/2016 02/23/16 Rented $1,800 -14.3% --
01/24/2016 01/24/16 Under Contract -- -- --
09/29/2015 09/29/15 For Rent $2,100 -- --
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 -- $807,800 $357,300 $450,500
2023 $0 $535,900 $319,000 $216,900
2022 $0 $535,900 $319,000 $216,900
2021 $0 $535,900 $319,000 $216,900
2020 $0 $500,500 $321,500 $179,000
2019 $0 $500,500 $321,500 $179,000
2018 $0 $500,500 $321,500 $179,000
2017 $0 $436,300 $205,000 $231,300
2016 -- $436,300 $205,000 $231,300
2015 -- $436,300 $205,000 $231,300
2014 -- $469,300 $205,000 $264,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2017

    The Luxury Group

    HomeSmart Professionals

  • Connor Dowd

    Tenant's Agent in 2017

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    6 in this area

    401 Total Sales

    Section Image
  • Diane Dailey

    Seller's Agent in 2016

    Diane Dailey

    HomeSmart Professionals

    (401) 855-9192

    2 Total Sales

    Section Image

  • S

    Buyer's Agent in 2016

    Steven Toole

    Kavanaugh Grant Real Estate

  • S

    Buyer's Agent in 2016

    Steven Tooel

    JMG RHODE ISLAND

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Map

Source: State-Wide MLS

MLS Number: 1154134

State-Wide MLS

APN: NEWP-000027-000000-000070

Rhode Island Newport County Newport 02840 Historic Hill

35 Franklin St Unit 2, Newport, RI

This home is located at 35 Franklin St Unit 2, Newport, RI 02840 since 15 March 2017 and is currently priced at $896,818. This property was built in 1700. 35 Franklin St Unit 2 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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