$619,000 - $765,000
RENTED FEB 26, 2025

49 Merton Rd Unit 2 Newport, RI 02840

Memorial Boulevard Neighborhood
2 Beds
1.5 Baths
1,312 Sq Ft
$516 Price per Sq Ft

Highlights

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

About This Home

As of February 2025

Desirable Cliff Walk/ Annandale area. Spacious 2 + bedroom Condominium with 1.5 baths located on the Second Floor. Completely renovated featuring brand new kitchen with granite counters and new stainless appliances. New tile floors in kitchen, full and half baths. Freshly sanded wood floors and new paint throughout. The unit has a large open kitchen to the oversize living room/dining area with new sliders to private wrap around deck. 2 large bedrooms and an extra room which could be an office/den or guest room. High ceilings and oversize windows. New Laundry in the unit. Ample landscaped yard with mature tress and plantings for privacy. New high efficiency Gas Boiler for heat and hot water. 2 car parking. Central location yet quiet and peaceful. Easy walk to Easton/s Beach, Cliff Walk and downtown. Close to the Navy Base and all Newport has to offer. Unfurnished Annual Rental on Second Floor.

Last Agent to Rent the Property

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 12/10/2024

RE/MAX Profnl. Newport, Inc.

Last Renter's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 12/10/2024

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,760

Year Built

  • Built in 1900

Home Design

  • Victorian Architecture
  • Entry on the 2nd floor
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

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

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

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

Additional Features

  • Wooded Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 1/1/25
  • Tenant pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 49MERTONRD2NEWP

Community Details

Overview

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

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,760

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Tenant Pays: Hot Water
  • Available Date: 2025-01-01
  • Security Deposit: 3000.0

Listing Details

  • Prop. Type: Residential Lease
  • Business Type: Other
  • Subdivision Name: Annandale Rd/Cliff Ave
  • Above Grade Finished Sq Ft: 1312.0
  • Architectural Style: Victorian
  • Building Name: Beechwood Gardens
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

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

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Individual, 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, 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 #: 49MERTONRD2NEWP

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2003
Sold by
Paulon James and Paulon Karen
Bought by
Dambrosia Judith
Current Estimated Value
$677,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1998
Sold by
Green Eleanor J
Bought by
Paulon James L and Paulon Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.84%
Source: Public Records

Range of Values:

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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
Dambrosia Judith $282,000 --
Paulon James L $106,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulon James L $85,900
Closed Paulon James L $92,000
Previous Owner Paulon James L $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Rented $3,000 0.0% --
12/10/2024 12/10/24 For Rent $3,000 0.0% --
10/27/2023 10/27/23 Rented $3,000 0.0% --
09/25/2023 09/25/23 For Rent $3,000 +25.0% --
09/27/2021 09/27/21 For Rent $2,400 0.0% --
09/27/2021 09/27/21 Rented $2,400 +20.0% --
10/12/2018 10/12/18 Rented $2,000 -16.7% --
09/12/2018 09/12/18 Under Contract -- -- --
07/09/2018 07/09/18 For Rent $2,400 -- --
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 $3,760 $432,700 $0 $432,700
2024 $3,557 $432,700 $0 $432,700
2023 $2,860 $288,300 $0 $288,300
2022 $2,771 $288,300 $0 $288,300
2021 $2,690 $288,300 $0 $288,300
2020 $2,402 $233,700 $0 $233,700
2019 $2,402 $233,700 $0 $233,700
2018 $2,335 $233,700 $0 $233,700
2017 $2,613 $233,100 $0 $233,100
2016 $2,548 $233,100 $0 $233,100
2015 $2,487 $233,100 $0 $233,100
2014 $2,846 $236,000 $0 $236,000
Source: Public Records

Agents Affiliated with this Home

  • Edith Cushing

    Landlord's Agent in 2025

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 862-7703

    2 in this area

    47 Total Sales

    Edith Cushing
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Map

Source: State-Wide MLS

MLS Number: 1374422

State-Wide MLS

APN: NEWP-000031-000042-000002

Rhode Island Newport County Newport 02840 Memorial Boulevard

49 Merton Rd Unit 2, Newport, RI

This home is located at 49 Merton Rd Unit 2, Newport, RI 02840 since 10 December 2024 and is currently priced at $677,082. This property was built in 1900. 49 Merton Rd Unit 2 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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