NOT LISTED FOR SALE

Estimated Value: $881,000 - $1,091,316

6 Beds
2 Baths
2,266 Sq Ft
$422/Sq Ft Est. Value

Last Sold October 05, 2023

Last sale price $805,000 $355 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,033/month

8 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Storage Room
  • 2 Car Detached Garage
  • Laundry Room
  • 2-minute walk to Vernon Park

About This Home

As of October 2023

Investors and owner occupy buyers take note! Rare Multi-Family available on the border of Middletown and Newport. Just minutes to the shops and restaurants on Broadway (1 mile), easy access to the Pell Bridge (2 miles), Navy Base ( 2miles), just a few miles to the best beaches and so close to Middletown shopping. The two units each have 3 bedrooms and 1 full bathroom, living rooms and full kitchens. Separate washers and dryers are located in the basement along with recently installed storage cages for each unit. New gas heating system installed in 2020. Plenty of parking and a detached 2 car garage. Use one unit as your home/second home and get income from the second unit. Or use it as a great investment.

Last Agent to Sell the Property

Wendy Heaney

Century 21 Topsail Realty License #RES.0034231 Listed on: 09/05/2023

Century 21 Topsail Realty

Last Buyer's Agent

Jeff Brooks

Hogan Associates Christie's License #RES.0034174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,479

Year Built

  • Built in 1948

Lot Details

  • 5,663

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,266 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • 5,663 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 154
  • Assessor Parcel Number 38FREEBORNSTMDLT

Community Details

Overview

  • 2 Units
  • Miantonomi Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Building Details

  • Operating Expense $6,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,479

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Subdivision Name: Miantonomi
  • Above Grade Finished Sq Ft: 2266.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1948
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Property Condition: Fixer

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: Baseboard, Electric, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 38FREEBORNSTMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 6900.0

Tax Info

  • Tax Annual Amount: 4479.0
  • Tax Lot: 154
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 14, 2024
Sold by
Shufelt Andrea L
Bought by
Spawkles Llc
Current Estimated Value
$955,329

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 4, 2023
Sold by
Murphy Stuart A
Bought by
Shufelt Andrea L
Seller's Agent
Wendy Heaney
Century 21 Topsail Realty
Buyer's Agent
Jeff Brooks
Hogan Associates Christie's
List Price
$784,000
Sold Price
$805,000
Premium/Discount to List
$21,000
2.68%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%

Purchase Details

Closed on
Aug 19, 2020
Sold by
Murphy Mark W and Murphy Sun T
Bought by
Murphy Stuart A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 29, 2018
Sold by
Mineau Nicole M
Bought by
Murphy Stuart A and Murphy Mark M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2013
Closed on
Mar 31, 2014
Sold by
Lemish Jason A
Bought by
Mineau Nicole M
Seller's Agent
Pam Heroux
William Raveis Inspire
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$399,000
Sold Price
$345,000
Premium/Discount to List
-$54,000
-13.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$338,751
Interest Rate
4.27%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2003
Sold by
Hathaway Keith and Hathaway Brooke
Bought by
Lemish Jason

Purchase Details

Closed on
Jan 14, 2000
Sold by
Cardoza Rose
Bought by
Hathaway Keith D and Hathaway Brooke
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
Spawkles Llc -- None Available
Spawkles Llc -- None Available
Spawkles Llc -- None Available
Spawkles Llc -- None Available
Shufelt Andrea L $805,000 None Available
Shufelt Andrea L $805,000 None Available
Murphy Stuart A -- None Available
Murphy Stuart A -- None Available
Murphy Stuart A -- None Available
Murphy Stuart A $450,000 --
Murphy Stuart A $450,000 --
Mineau Nicole M $345,000 --
Mineau Nicole M $345,000 --
Lemish Jason $340,000 --
Lemish Jason $340,000 --
Hathaway Keith D $141,000 --
Hathaway Keith D $141,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Stuart A $334,000
Previous Owner Murphy Stuart A $337,500
Previous Owner Mineau Nicole M $338,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $805,000 +2.7% $355 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $784,000 0.0% $346 / Sq Ft
12/04/2018 12/04/18 Rented $1,700 0.0% --
11/04/2018 11/04/18 Under Contract -- -- --
10/15/2018 10/15/18 For Rent $1,700 0.0% --
03/31/2014 03/31/14 Sold $345,000 -13.5% $172 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
09/23/2013 09/23/13 For Sale $399,000 -- $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 $9,085 $806,800 $256,900 $549,900
2023 $4,691 $372,600 $165,700 $206,900
2022 $4,479 $372,600 $165,700 $206,900
2021 $4,479 $372,600 $165,700 $206,900
2020 $4,385 $318,700 $122,500 $196,200
2018 $4,382 $318,700 $122,500 $196,200
2016 $4,578 $296,900 $101,300 $195,600
2015 $4,465 $296,900 $101,300 $195,600
2014 $3,907 $243,100 $92,000 $151,100
2013 $3,819 $243,100 $92,000 $151,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1342970

State-Wide MLS

APN: MIDD-000108-S000000W-000154