NOT LISTED FOR SALE

42 Weaver Ave Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $861,000 - $1,302,728

2 Beds
1 Bath
950 Sq Ft
$1,182/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

  • $7,074

Year Built

  • Built in 1920

Lot Details

  • 6,578

Home Design

  • Entry on the 1st floor
  • 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
  • Hot Water Heating System
  • 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

$7,074

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
$1,122,932

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reed Kevin M -- --
Reed Kevin M $313,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
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 List to Sale Price per Sq Ft
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
2025 $7,074 $985,200 $467,700 $517,500
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

  • The Donovan Group

    Landlord's Agent in 2022

    The Donovan Group

    Homes By Connect

    (401) 323-3546

    1 in this area

    207 Total Sales

    The Donovan Group
    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

    7 in this area

    688 Total Sales

    Joe Fitzpatrick
    Section Image
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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

Not Listed for Sale

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