NOT LISTED FOR SALE

Estimated Value: $841,057 - $1,129,000

2 Beds
2 Baths
1,210 Sq Ft
$812/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $560,000 $463 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,968/month

188 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • 2 Fireplaces
  • 2-minute walk to Aquidneck Park

About This Home

As of January 2019

Charming, historic, 2 family cottage in the heart of Newport. This well maintained, eclectic home boasts many custom finishes, and an enchanting back patio. Use the first floor as the perfect pied a terre and rent out the second floor unit or use the second floor for company. Relax after a day at the beach in the fenced, private back patio or invite friends over to dine al fresco. Steps to shops, restaurants, International Tennis Hall of Fame, Redwood Library, Thames St, and famed Bellevue Avenue. All utilities have been separated including water.

Last Agent to Sell the Property

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586 Listed on: 06/04/2018

Last Buyer's Agent

Julie Warburg

Lila Delman Compass License #RES.0042070

Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,026

Year Built

  • Built in 1850

Lot Details

  • 1,530

Parking

  • No Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,210 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • 1,530 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 098
  • Assessor Parcel Number 51WILLIAMSTNEWP

Community Details

Overview

  • 4 Units
  • Historic Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $3,922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,026

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 1210.0
  • Architectural Style: Other
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1850
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1530.0
  • Parcel #: 51WILLIAMSTNEWP
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 3922.0

Tax Info

  • Tax Annual Amount: 5026.0
  • Tax Lot: 098
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Jan 9, 2019
Sold by
Detwiller Charles H
Bought by
Leveille Teresa M
Seller's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Julie Warburg
Lila Delman Compass
List Price
$649,000
Sold Price
$560,000
Premium/Discount to List
-$89,000
-13.71%
Current Estimated Value
$982,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,014
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Sep 6, 2001
Sold by
Wilson Sylvester
Bought by
Detwiller-4Th Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.05%
Mortgage Type
Purchase Money Mortgage
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
Leveille Teresa M $560,000 --
Detwiller-4Th Charles $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leveilie Teresa M $200,000
Previous Owner Wilson Sylvester $221,000
Previous Owner Wilson Sylvester $90,000
Previous Owner Wilson Sylvester $223,000
Previous Owner Wilson Sylvester $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $560,000 -13.7% $463 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
06/04/2018 06/04/18 For Sale $649,000 -- $536 / 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 $7,398 $900,000 $573,800 $326,200
2023 $5,345 $538,800 $332,800 $206,000
2022 $5,178 $538,800 $332,800 $206,000
2021 $5,027 $538,800 $332,800 $206,000
2020 $5,172 $503,100 $346,300 $156,800
2019 $5,172 $503,100 $346,300 $156,800
2018 $5,026 $503,100 $346,300 $156,800
2017 $3,922 $349,900 $212,400 $137,500
2016 $3,824 $349,900 $212,400 $137,500
2015 $3,733 $349,900 $212,400 $137,500
2014 $3,585 $297,300 $173,700 $123,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1193898

State-Wide MLS

APN: NEWP-000028-000098-000004