NOT LISTED FOR SALE

492 Broadway Newport, RI 02840

Estimated Value: $725,000 - $1,106,000

3 Beds
2 Baths
1,785 Sq Ft
$483/Sq Ft Est. Value

Last Sold January 09, 2012

Last sale price $230,000 $129 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $5,064/month

66 Days on Market

Highlights

  • Colonial Architecture
  • 2 Car Detached Garage
  • Heating System Uses Steam
  • Wood Flooring
  • Baseboard Heating
  • 4-minute walk to Vernon Park

About This Home

As of January 2012

SOLD "AS IS". Property is listed post-foreclosure. To be paid commission, broker must be licensed in RI

Last Agent to Sell the Property

Kenneth Olson

eXp Realty License #REB.0019232 Listed on: 10/04/2011

eXp Realty

Last Buyer's Agent

Lee Caouette

RI Real Estate Services License #RES.0034277

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,785 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Oil Water Heater

Community Details

  • Northern Newport Subdivision

Listing and Financial Details

  • Tax Lot 013
  • Assessor Parcel Number 492BROADWAY.NEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,234

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: NORTHERN NEWPORT
  • Above Grade Finished Sq Ft: 1785.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: RealEstateOwned
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater, Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 1785.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Unknown
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 492BROADWAY.NEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3234.0
  • Tax Lot: 013
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2011
Closed on
Jan 9, 2012
Sold by
Fhlmc
Bought by
Drewniak Sean P
Seller's Agent
Kenneth Olson
eXp Realty
Buyer's Agent
Lee Caouette
RI Real Estate Services
List Price
$259,900
Sold Price
$230,000
Premium/Discount to List
-$29,900
-11.5%
Current Estimated Value
$862,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,931
Avg. Annual Appreciation
10.10%
Original Mortgage
$125,000
Interest Rate
3.98%

Purchase Details

Closed on
Sep 17, 2003
Sold by
Mcnulty Elizabeth
Bought by
Bennett Frank and Roberts Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
6.31%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Petropolous Athenea
Bought by
Hall Elizabeth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.02%
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
Drewniak Sean P $230,000 --
Bennett Frank $360,000 --
Hall Elizabeth R $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drewniak Sean P $600,000
Closed Drewniak Sean P $125,000
Previous Owner Hall Elizabeth R $322,700
Previous Owner Hall Elizabeth R $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2012 01/09/12 Sold $230,000 -11.5% $129 / Sq Ft
12/10/2011 12/10/11 Pending -- -- --
10/04/2011 10/04/11 For Sale $259,900 -- $146 / 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 $4,449 $638,300 $122,100 $516,200
2023 $4,337 $437,200 $96,500 $340,700
2022 $4,201 $437,200 $96,500 $340,700
2021 $4,079 $437,200 $96,500 $340,700
2020 $3,746 $364,400 $88,000 $276,400
2019 $3,746 $364,400 $88,000 $276,400
2018 $3,640 $364,400 $88,000 $276,400
2017 $3,305 $294,800 $39,800 $255,000
2016 $3,222 $294,800 $39,800 $255,000
2015 $3,146 $294,800 $39,800 $255,000
2014 $3,342 $277,100 $31,800 $245,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2012

    Kenneth Olson

    eXp Realty

    Section Image
  • Lee Caouette

    Buyer's Agent in 2012

    Lee Caouette

    RI Real Estate Services

    (401) 480-7644

    12 Total Sales

    Lee Caouette
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1002879

State-Wide MLS

APN: NEWP-000007-000013-000004

Rhode Island Newport County Newport 02840

492 Broadway, Newport, RI

This home is located at 492 Broadway, Newport, RI 02840 since 04 October 2011 and is currently estimated at $862,931, approximately $483 per square foot. This property was built in 1900. 492 Broadway is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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