NOT LISTED FOR SALE

42 Weaver Ave Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $961,000 - $1,275,000

2 Beds
1 Bath
950 Sq Ft
$1,159/Sq Ft Est. Value

Highlights

  • Marina
  • No HOA
  • Public Transportation
  • Golf Course Community
  • Tennis Courts
  • 3-minute walk to Freebody Park

About This Home

As of March 2022

Sun-filled first floor residence in the heart of Newport, just a stone's throw from Easton's Beach and Bellevue Avenue. With two bedrooms, a large living room, kitchen with dining area and hardwood floors, this apartment is a must see. The front bedroom has a private enclosed porch with beautiful south-facing windows awash in sunlight. There is off-street parking for one car (and no permit required for on-street parking on Weaver) and on-site laundry.

Last Agent to Rent the Property

The Donovan Group

Homes By Connect Listed on: 03/23/2022

Last Renter's Agent

Fitzpatrick Team

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,098

Year Built

  • Built in 1920

Lot Details

  • 6,578

Home Design

  • Plaster

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Unassigned Parking

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 3/23/22
  • 12 Month Lease Term
  • Assessor Parcel Number 42WEAVERAVNEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,098

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2022-03-23

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 950.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Year Built: 1920
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Living Area: 950.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster

Garage/Parking

  • Parking Features: Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: None
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 42WEAVERAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2014
Sold by
Reed Kevin M and Reed Megan E
Bought by
Reed Kevin M and Reed Megan E
Current Estimated Value
$1,150,598

Purchase Details

Closed on
Aug 20, 2008
Sold by
Murdock Paula and Macknight Joanne
Bought by
Reed Kevin M and Thomas Megan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,164
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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
Reed Kevin M -- --
Reed Kevin M $313,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Kevin M $313,000
Closed Reed Kevin M $200,000
Previous Owner Reed Kevin M $307,545
Previous Owner Reed Kevin M $309,778
Previous Owner Reed Kevin M $308,164
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 For Rent $1,995 0.0% --
03/23/2022 03/23/22 Rented $1,995 -- --
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 $8,098 $985,200 $467,700 $517,500
2023 $6,288 $633,900 $305,700 $328,200
2022 $6,092 $633,900 $305,700 $328,200
2021 $5,914 $633,900 $305,700 $328,200
2020 $5,023 $488,600 $237,800 $250,800
2019 $5,023 $488,600 $237,800 $250,800
2018 $4,881 $488,600 $237,800 $250,800
2017 $4,318 $385,200 $170,100 $215,100
2016 $4,210 $385,200 $170,100 $215,100
2015 $4,110 $385,200 $170,100 $215,100
2014 $4,112 $341,000 $144,600 $196,400
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2022

    The Donovan Group

    Homes By Connect

    (401) 323-3546

    2 in this area

    227 Total Sales

    Section Image

  • F

    Tenant's Agent in 2022

    Fitzpatrick Team

  • Joe Fitzpatrick

    Tenant's Agent in 2022

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    8 in this area

    700 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1304884

State-Wide MLS

APN: NEWP-000034-000000-000068

Rhode Island Newport County Newport 02840 Memorial Boulevard

42 Weaver Ave, Newport, RI

This home is located at 42 Weaver Ave, Newport, RI 02840 since 23 March 2022 and is currently priced at $1,101,236. This property was built in 1920. 42 Weaver Ave 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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