RENTED SEP 26, 2025

49 Merton Rd Unit 1 Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $618,766 - $857,000

2 Beds
1 Bath
1,312 Sq Ft
$552/Sq Ft Est. Value

Highlights

  • Marina
  • Wooded Lot
  • Victorian Architecture
  • Golf Course Community
  • Wood Flooring
  • 5-minute walk to Aquidneck Growers Market (Wednesday)

About This Home

As of September 2025

ANNUAL UNFURNISHED YEARLY LEASE - Desirable Cliff Ave /Annandale Rd Area - Condominium in a Victorian Home. First floor Renovated, Spacious 2 plus bedroom with 9 foot ceilings. New eat in kitchen with granite counters and stainless appliances. New bathroom with granite and tile. Open living room/dining area with built ins and sliders to private wrap around deck. Primary bedroom plus a 2nd bedroom with an additional room for an office/den. Oversize windows with plenty of light & hardwood floors through out. New high efficiency gas heating system. Back yard and off street parking. New stackable washer dryer in the unit. Private back door to the unit off the parking area. Newly paved driveway and 2 car assigned parking area. Basement storage. Quiet, Peaceful area yet an easy walk to the Cliff Walk, Easton's Beach, Bellevue shops & Restaurants plus Tennis Hall of fame. Minutes to the Naval Base. AVAILABLE 7-17-2025

Last Agent to Rent the Property

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 07/17/2025

RE/MAX Profnl. Newport, Inc.

Last Renter's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 07/17/2025

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1900

Home Design

  • Victorian Architecture
  • Entry on the 1st floor
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,312 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Wooded Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 7/17/25
  • Tenant pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 49MERTONRD1NEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units
  • Cliff Ave/Annandale Rd Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,755

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Hot Water
  • Available Date: 2025-07-17
  • Security Deposit: 3000.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Cliff Ave/Annandale Rd
  • Above Grade Finished Sq Ft: 1312.0
  • Architectural Style: Victorian
  • Building Name: Beechwood Gardens
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Interior Steps, Tub Shower, Cable TV
  • Living Area: 1312.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Laundry Facilities, Parking, Snow Removal, Trash Collection
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 49MERTONRD1NEWP

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2025
Sold by
Dambrosia Judith A
Bought by
Judith A Dambrosia Bezahl A and Judith Dambrosia
Current Estimated Value
$723,692

Purchase Details

Closed on
Dec 19, 2003
Sold by
Paulon James and Paulon Karen
Bought by
Dambrosia Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1998
Sold by
Sutton Dexter J and Sutton Anne Marie
Bought by
Paulon James L and Paulon Karen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,900
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Judith A Dambrosia Bezahl A -- None Available
Judith A Dambrosia Bezahl A -- None Available
Dambrosia Judith $287,000 --
Dambrosia Judith $287,000 --
Paulon James L $105,000 --
Paulon James L $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paulon James L $99,500
Previous Owner Paulon James L $100,000
Previous Owner Paulon James L $72,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2025 09/26/25 Rented $3,000 0.0% --
07/17/2025 07/17/25 For Rent $3,000 0.0% --
05/31/2024 05/31/24 Rented $3,000 0.0% --
04/29/2024 04/29/24 For Rent $3,000 -- --
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 $3,755 $432,100 $0 $432,100
2024 $3,552 $432,100 $0 $432,100
2023 $2,847 $287,000 $0 $287,000
2022 $2,758 $287,000 $0 $287,000
2021 $2,678 $287,000 $0 $287,000
2020 $2,408 $234,200 $0 $234,200
2019 $2,408 $234,200 $0 $234,200
2018 $2,340 $234,200 $0 $234,200
2017 $2,619 $233,600 $0 $233,600
2016 $2,553 $233,600 $0 $233,600
2015 $2,493 $233,600 $0 $233,600
2014 $2,852 $236,500 $0 $236,500
Source: Public Records

Agents Affiliated with this Home

  • Edith Cushing

    Landlord's Agent in 2025

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6750

    2 in this area

    42 Total Sales

    Edith Cushing
    Section Image

  • A

    Buyer's Agent in 2024

    Alex Nunes

    Serhant Rhode Island

    (401) 316-5083

    18 Total Sales

    Alex Nunes
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1390294

State-Wide MLS

APN: NEWP-000031-000042-000001

Rhode Island Newport County Newport 02840 Memorial Boulevard

49 Merton Rd Unit 1, Newport, RI

Not Listed for Sale

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