NOT LISTED FOR SALE

449 Broadway Newport, RI 02840

Estimated Value: $841,000 - $1,531,000

6 Beds
2 Baths
2,820 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $267,000 $95 Per Sq Ft

Est. 290% increase in value since last sale

Current estimated payment $6,057/month

26 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • Public Transportation
  • Wood Flooring
  • Tennis Courts
  • Shops

About This Home

As of April 2012

Great opportunity to own in Newport. Residential duplex side-by-side 3 bedroom units. Spacious apartments are great for an owner/occupant or the investor.

Last Agent to Sell the Property

Erica Sousa

William Raveis Inspire License #RES.0044800 Listed on: 03/01/2012

Last Buyer's Agent

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199

Gustave White Sotheby's Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1900

Lot Details

  • 4,400

Parking

  • No Garage

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,820 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 4,400 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 223
  • Assessor Parcel Number 449BROADWAY.NEWP

Community Details

Overview

  • 2 Units
  • Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $4,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,640

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.101
  • Subdivision Name: BROADWAY
  • Above Grade Finished Sq Ft: 2820.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Cable TV
  • Living Area: 2820.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 4400.0
  • Parcel #: 449BROADWAY.NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Annual Amount: 2640.0
  • Tax Lot: 223
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2011
Sold by
Dwyer William J and Dwyer Sharon A
Bought by
Owen Eleanor L
Current Estimated Value
$1,039,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,500
Outstanding Balance
$93,248
Interest Rate
4.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$904,813
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
Owen Eleanor L $267,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owen Eleanor L $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2012 04/27/12 Sold $267,000 0.0% $95 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $267,000 -- $95 / 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
2024 $4,685 $672,200 $121,700 $550,500
2023 $4,294 $432,900 $96,100 $336,800
2022 $4,160 $432,900 $96,100 $336,800
2021 $4,039 $432,900 $96,100 $336,800
2020 $3,806 $370,200 $87,900 $282,300
2019 $3,806 $370,200 $87,900 $282,300
2018 $3,698 $370,200 $87,900 $282,300
2017 $3,218 $287,100 $39,800 $247,300
2016 $3,138 $287,100 $39,800 $247,300
2015 $3,063 $287,100 $39,800 $247,300
2014 $3,054 $253,200 $31,800 $221,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1011396

State-Wide MLS

APN: NEWP-000006-000000-000223