NOT LISTED FOR SALE

Estimated Value: $702,000 - $883,000

2 Beds
1 Bath
1,300 Sq Ft
$610/Sq Ft Est. Value

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Deck
  • Furnished
  • 4-minute walk to Freebody Park

About This Home

As of July 2024

~ SUMMER RENTAL JULY 2023 ~ ALL UTILITIES INCLUDED ~ Just off famed Bellevue Avenue, this spacious two-bedroom condo is perfect for your summer escapades. Updated, fully furnished, and with all utilities included, you'll be hard pressed to find a better priced July rental in Newport, RI. Check out the 360 fireplace - an ideal conversation piece for entertaining guests. Who says you can't enjoy the ambience of a fire in the summer?? Dedicated off-street street parking for two cars is provided, so you can leave the car at home and walk to your summertime activities. ~ Pets considered ~ 0.7 miles to the Cliff Walk ~ 0.2 miles to the nearest grocer ~ 0.4 miles to the International Tennis HOF ~ 0.6 miles to Thames Street ~ ALSO AVAILABLE FOR AUGUST 2024 ~ POSSIBLE DISCOUNT FOR RENTING BOTH MONTHS ~

Last Agent to Rent the Property

Kevin Castner

RE/MAX Results License #RES.0035348 Listed on: 05/04/2024

RE/MAX Results

Co-Listed By

Madeline Andrews

RE/MAX Results License #RES.0042240

Last Renter's Agent

Beverly Cloutier

HomeSmart Professionals License #RES.0045810

HomeSmart Professionals

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,036

Year Built

  • Built in 1935

Home Design

  • Clapboard

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Free Standing Fireplace
  • Fireplace Features Masonry
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam

Listing and Financial Details

  • Property Available on 7/1/24
  • Month-to-Month Lease Term
  • Assessor Parcel Number 39BERKELEYAV3NEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 4 Units
  • Bellevue Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,036

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-07-01
  • Security Deposit: 1500.0

Listing Details

  • Prop. Type: Residential Lease
  • Co List Office Mls Id: KELW02
  • Co List Office Phone: 401-845-9200
  • Subdivision Name: Bellevue
  • Above Grade Finished Sq Ft: 1300.0
  • Entry Level: 1
  • Unit Levels: One, Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Fireplace Features: Free Standing, Masonry
  • Fireplace: Yes
  • Flooring: Hardwood, Other
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1300.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Playground, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Trails/Paths
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Electricity, Hot Water, Laundry Facilities, Parking, Sewer, Trash Collection, Water
  • Amenities: Playground, Restaurant, Tennis Court(s), Trail(s)
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 39BERKELEYAV3NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2009
Sold by
Sweeney Michael W
Bought by
Fontana Joyce S
Current Estimated Value
$740,058

Purchase Details

Closed on
Jun 2, 2004
Sold by
Browning James
Bought by
Sweeney Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,600
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 1997
Sold by
Maloney Peter M
Bought by
Varrecchia Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.98%

Purchase Details

Closed on
Apr 1, 1996
Sold by
Morasso Alfred and Morasso Mary
Bought by
Maloney Peter M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.9%
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
Fontana Joyce S $277,500 --
Sweeney Michael $284,500 --
Varrecchia Joseph F $85,000 --
Maloney Peter M $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maloney Peter M $227,600
Previous Owner Maloney Peter M $63,750
Previous Owner Maloney Peter M $74,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Rented $3,548 -29.0% --
07/11/2024 07/11/24 Rented $5,000 0.0% --
06/26/2024 06/26/24 Under Contract -- -- --
06/26/2024 06/26/24 Under Contract -- -- --
05/21/2024 05/21/24 Price Changed $5,000 0.0% $4 / Sq Ft
05/21/2024 05/21/24 Price Changed $5,000 -9.1% $4 / Sq Ft
05/04/2024 05/04/24 For Rent $5,500 0.0% --
05/04/2024 05/04/24 For Rent $5,500 +10.0% --
02/21/2023 02/21/23 Rented $5,000 0.0% --
02/16/2023 02/16/23 Under Contract -- -- --
01/31/2023 01/31/23 For Rent $5,000 +166.7% --
01/10/2023 01/10/23 Rented $1,875 0.0% --
01/10/2023 01/10/23 For Rent $1,875 +13.6% --
09/17/2021 09/17/21 For Rent $1,650 0.0% --
09/17/2021 09/17/21 Rented $1,650 +22.2% --
10/26/2017 10/26/17 Rented $1,350 0.0% --
10/26/2017 10/26/17 For Rent $1,350 -- --
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 $5,036 $612,700 $0 $612,700
2023 $4,019 $405,100 $0 $405,100
2022 $3,893 $405,100 $0 $405,100
2021 $3,780 $405,100 $0 $405,100
2020 $3,641 $354,200 $0 $354,200
2019 $3,641 $354,200 $0 $354,200
2018 $3,538 $354,200 $0 $354,200
2017 $3,448 $307,600 $0 $307,600
2016 $3,362 $307,600 $0 $307,600
2015 $3,282 $307,600 $0 $307,600
2014 $3,403 $282,200 $0 $282,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1358361

State-Wide MLS

APN: NEWP-000034-000079-000003