NOT LISTED FOR SALE

Estimated Value: $612,000 - $1,343,000

2 Beds
1.5 Baths
877 Sq Ft
$967/Sq Ft Est. Value

Last Sold January 05, 2017

Last sale price $365,500 $417 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,856/month

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to Aquidneck Park
  • Furnished
  • Hot Water Heating System

About This Home

As of July 2020

Winter rental available starting September 2020. This 2 bed, 1.5 bath apartment is located in the heart of downtown Newport. In the center of restaurants, bars, shops, and cafes! Featuring hardwood floors, an updated kitchen, washer and dryer in unit, a private porch, and one off-street parking space. This fully furnished unit is ideal for war college or IYRS students looking for a great downtown rental.

Last Agent to Rent the Property

Lauren Mailloux

Our Real Estate License #REC.0018779 Listed on: 05/14/2020

Last Renter's Agent

Lauren Mailloux

Our Real Estate License #REC.0018779 Listed on: 05/14/2020

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,328

Year Built

  • 1988

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 877 Sq Ft Home
  • Furnished
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System

Listing and Financial Details

  • Property Available on 6/1/20
  • Month-to-Month Lease Term
  • Assessor Parcel Number 433THAMESSTDNEWP

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,328

Year Built

1988

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2020-06-01
  • Security Deposit: 3500.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 877.0
  • Entry Level: 3
  • Garage Yn: No
  • Structure Type: Apartment
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 0
  • Year Built: 1988

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood
  • Living Area: 877.0

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Electricity, Heat, Hot Water, Laundry Facilities, Parking, Sewer, Trash Collection, Water
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 433THAMESSTDNEWP
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
Mcewen Brian and Mcewen Lori
Bought by
Brian Michael Mcewen Lt
Current Estimated Value
$847,861

Purchase Details

Closed on
Feb 21, 2020
Sold by
Shea Timothy and Sheea Nanette
Bought by
Mcewen Brian and Mcewen Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,640
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 1, 2016
Closed on
Jan 5, 2017
Sold by
Zinke Doris
Bought by
Shea Timothy and Shea Nanette
Seller's Agent
Carol Simjian
William Pitt Sotheby's Int'l
Buyer's Agent
Nicole Hofstetter
RI Real Estate Services
List Price
$410,000
Sold Price
$365,500
Premium/Discount to List
-$44,500
-10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
May 12, 2005
Sold by
Lovejoy Joseph J and Lovejoy Gale
Bought by
Zinke Doris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
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
Brian Michael Mcewen Lt -- None Available
Mcewen Brian $382,000 None Available
Shea Timothy $365,500 --
Zinke Doris $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcewen Brian $287,640
Previous Owner Zinke Doris $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2020 07/14/20 Rented $2,300 -71.3% --
07/14/2020 07/14/20 Rented $8,000 0.0% --
06/14/2020 06/14/20 Under Contract -- -- --
06/14/2020 06/14/20 Under Contract -- -- --
05/14/2020 05/14/20 For Rent $8,000 +300.0% --
03/14/2020 03/14/20 For Rent $2,000 0.0% --
01/05/2017 01/05/17 Sold $365,500 -10.9% $417 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
10/01/2016 10/01/16 For Sale $410,000 -- $468 / 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
2025 $4,328 $498,100 $0 $498,100
2024 $4,094 $498,100 $0 $498,100
2023 $3,607 $363,600 $0 $363,600
2022 $3,494 $363,600 $0 $363,600
2021 $3,392 $363,600 $0 $363,600
2020 $3,379 $328,700 $0 $328,700
2019 $3,379 $328,700 $0 $328,700
2018 $3,284 $328,700 $0 $328,700
2017 $3,381 $301,600 $0 $301,600
2016 $3,296 $301,600 $0 $301,600
2015 $3,218 $301,600 $0 $301,600
2014 $3,484 $288,900 $0 $288,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1253332

State-Wide MLS

APN: NEWP-000032-000047-D000000