$1,550,000
SOLD APR 15, 2025

39 Powel Ave Newport, RI 02840

Kay-Catherine Neighborhood
5 Beds
5 Baths
3,483 Sq Ft
0.26 Acres

Recently Sold

$445 Per Sq Ft

15% Below List Price

139 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Guest House
  • 0.26 Acre Lot
  • Cathedral Ceiling

About This Home

As of April 2025

Here is the ideal 3 family (2 Unit Victorian home with a separate 2 level Carriage House) with a large unobstructed 5 car driveway and spacious fenced in yard just off of desirable Kay St neighborhood ready for the next owner/investor. The front home offers a 1st floor open concept apartment with 2 bedrooms and 1 bathroom, cathedral ceilings, gorgeous hardwood floors throughout with access to a stunning wrap around farmers porch with newly replaced black Marvin windows that are floor to ceiling and newly installed mini splits. A beautifully updated white kitchen with stainless steel appliances and nicely updated bathroom leaves nothing untouched for the next owner. The separate second floor apartment with its grand staircase has another large and spacious 2 bedroom and 1.5 bathrooms with beautiful hardwood floors, all new black Marvin windows, and new mini splits. A nicely updated eat in kitchen with center butcher block island and huge farmers table is no problem for its generous space. A newly renovated full bathroom and half bathroom with a large laundry room is unheard of. Then you can relax on a new composite deck for your own separate enjoyment . We can then take you to a separate 2 level carriage house with 1 bedroom and 1.5 bathrooms with an updated kitchen and stainless steel appliances with hardwood floors on the first floor and new mini splits. Then the final touches were added with a stunning black lifetime aluminum roof on the Carriage House and farmers porch.

Last Agent to Sell the Property

Kyle Costa

Bay Shores Real Estate License #REC.0018206 Listed on: 10/18/2024

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,345

Year Built

  • Built in 1890

Lot Details

  • 0.26 Acre Lot
  • Fenced

Home Design

  • Stone Foundation
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 3,483 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Storage Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heat Pump System
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 056
  • Assessor Parcel Number 39POWELAVNEWP

Community Details

Overview

  • 2 Buildings
  • 3 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,345

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.26
  • Inclusions: Owner is a licensed real estate broker.
  • Above Grade Finished Sq Ft: 3483.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), High Ceilings, Skylights, Tub Shower, Vaulted Ceiling(s)
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Stone
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11326.0
  • Parcel #: 39POWELAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 9345.0
  • Tax Lot: 056
  • Tax Year: 2024

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2025 04/15/25 Sold $1,550,000 -8.8% $445 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
02/24/2025 02/24/25 Price Changed $1,699,900 -1.4% $488 / Sq Ft
02/22/2025 02/22/25 Price Changed $1,724,777 -1.4% $495 / Sq Ft
02/14/2025 02/14/25 Price Changed $1,749,777 -2.8% $502 / Sq Ft
01/14/2025 01/14/25 Price Changed $1,799,777 -1.4% $517 / Sq Ft
01/01/2025 01/01/25 For Sale $1,824,777 +17.7% $524 / Sq Ft
12/31/2024 12/31/24 Off Market $1,550,000 -- --
12/26/2024 12/26/24 Price Changed $1,824,777 -1.4% $524 / Sq Ft
12/03/2024 12/03/24 Price Changed $1,849,777 -2.4% $531 / Sq Ft
11/23/2024 11/23/24 Price Changed $1,895,000 -2.8% $544 / Sq Ft
11/08/2024 11/08/24 Price Changed $1,949,900 -2.5% $560 / Sq Ft
10/18/2024 10/18/24 For Sale $2,000,000 +48.1% $574 / Sq Ft
07/11/2023 07/11/23 Sold $1,350,000 -7.8% $388 / Sq Ft View Prior Sale
06/01/2023 06/01/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $1,465,000 0.0% $421 / Sq Ft
08/31/2022 08/31/22 Rented $2,200 0.0% --
08/28/2022 08/28/22 For Rent $2,200 +22.2% --
02/15/2021 02/15/21 For Rent $1,800 +5.9% --
02/15/2021 02/15/21 Rented $1,700 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kyle Costa

    Seller's Agent in 2025

    Kyle Costa

    Bay Shores Real Estate

    (508) 287-6588

    2 in this area

    52 Total Sales

    Kyle Costa
    Section Image
  • Alex Fraioli

    Buyer's Agent in 2025

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    7 in this area

    133 Total Sales

    Alex Fraioli
    Section Image
  • Lisa morrison

    Seller's Agent in 2023

    Lisa morrison

    Coldwell Banker Realty

    (203) 217-3990

    5 in this area

    83 Total Sales

    Lisa morrison
    Section Image
  • Christine MacDonald

    Seller Co-Listing Agent in 2023

    Christine MacDonald

    Coldwell Banker Realty

    (401) 451-1878

    4 in this area

    121 Total Sales

    Christine MacDonald
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1371241

State-Wide MLS

APN: NEWP M:011 B:0056 L:4

Rhode Island Newport County Newport 02840 Kay-Catherine

39 Powel Ave, Newport, RI

Sold

MultiFamily

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