NOT LISTED FOR SALE

520 Broadway Newport, RI 02840

Newport Area

Estimated Value: $873,025 - $1,021,000

5 Beds
2 Baths
2,506 Sq Ft
$368/Sq Ft Est. Value

Sale Details

Date Sold: May 9, 2017

Last sale price $406,000 $162 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,564 / mo

219 Days on Market

Highlights

  • Wood Flooring
  • Public Transportation
  • Property near a hospital
  • 1 Fireplace
  • Shops
  • 5-minute walk to Vernon Park

About This Home

As of May 2017

Well maintained 2 family close to bridge/base. Great hardwoods in 2 bd 1st fl & 3 bed 2 level 2nd floor. Easy expansion of 700+ sqft possible on 3rd floor. Large fenced yard. Great rental history. CURB CUT APPROVED BY CITY for 2 plus parking spaces.

Last Agent to Sell the Property

Kevan Campbell

Hogan Associates Christie's License #RES.0034444 Listed on: 09/01/2016

Last Buyer's Agent

Kate Leonard

Lila Delman Compass License #RES.0031901

Lila Delman Compass

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 1916

Lot Details

  • 5,550

Parking

  • No Garage

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,506 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 5,550 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 241
  • Assessor Parcel Number 520BROADWAY.NEWP

Community Details

Overview

  • 2 Units
  • One Mile Corner Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,599

Year Built

Built in 1916

Lot Details

5,550 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1274
  • Subdivision Name: ONE MILE CORNER
  • Above Grade Finished Sq Ft: 2506.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1916
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 2506.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5550.0
  • Parcel #: 520BROADWAY.NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2599.0
  • Tax Lot: 241
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
May 9, 2017
Sold by
Bought by
Seller's Agent
Kevan Campbell
Hogan Associates Christie's
Buyer's Agent
Kate Leonard
Lila Delman Compass
List Price
$425,000
Sold Price
$406,000
Premium/Discount to List
-$19,000
-4.47%
Current Estimated Value
$923,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,006
Avg. Annual Appreciation
9.23%
Original Mortgage
$421,000
Interest Rate
4.23%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Newport, RI

  • Lucas Barry Real Estate Agent - Paramount Properties Group

    Lucas Barry

    Paramount Properties Group

    (401) 407-6329

    13 Total Sales

    3 in Newport

    $312K - $2.4M Price Range

    Lucas Barry
     Section Image
  • Quentin Warren Real Estate Agent - Gustave White Sotheby's Realty

    Quentin Warren

    Gustave White Sotheby's Realty

    (401) 341-1517

    3 Total Sales

    1 in Newport

    $3,950,000 Price

    Quentin Warren
     Section Image
  • Daniel Cordeiro Real Estate Agent - Gustave White Sotheby's Realty

    Daniel Cordeiro

    Responds Quickly

    Gustave White Sotheby's Realty

    (844) 763-4116

    17 Total Sales

    1 in Newport

    $935,250 Price

    Daniel Cordeiro
     Section Image
  • Bruce Cutting Real Estate Agent - Mott & Chace Sotheby's Intl.

    Bruce Cutting

    Mott & Chace Sotheby's Intl.

    (401) 340-3530

    29 Total Sales

    1 in Newport

    $377,000 Price

    Bruce Cutting
     Section Image
  • Tammy Tinnerello Real Estate Agent - William Pitt Sotheby's Int'l

    Tammy Tinnerello

    William Pitt Sotheby's Int'l

    (959) 215-5434

    141 Total Sales

    1 in Newport

    $889,000 Price

    Tammy Tinnerello
     Section Image
  • David Carty Real Estate Agent - CARTY REALTY

    David Carty

    CARTY REALTY

    (401) 756-1960

    88 Total Sales

    1 in Newport

    $756,000 Price

    David Carty
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $403,675
Closed $421,000
Previous Owner $275,000
Previous Owner $250,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/09/2017 05/09/17 Sold $406,000 -4.5% $162 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $425,000 0.0% $170 / Sq Ft
08/21/2016 08/21/16 For Rent $1,200 -4.0% --
08/21/2016 08/21/16 Rented $1,250 -- --
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,017 $692,500 $128,200 $564,300
2024 $5,692 $692,500 $128,200 $564,300
2023 $4,521 $455,700 $101,200 $354,500
2022 $4,379 $455,700 $101,200 $354,500
2021 $4,252 $455,700 $101,200 $354,500
2020 $4,014 $390,500 $90,300 $300,200
2019 $4,014 $390,500 $90,300 $300,200
2018 $3,901 $390,500 $90,300 $300,200
2017 $2,666 $237,800 $40,900 $196,900
2016 $2,599 $237,800 $40,900 $196,900
2015 $2,537 $237,800 $40,900 $196,900
2014 $2,774 $230,000 $32,700 $197,300
Source: Public Records

Agents Affiliated with this Home

  • Kevan Campbell Real Estate Agent - Hogan Associates Christie's

    Seller's Agent in 2017

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    55 Total Sales

    Kevan Campbell
    Section Image

  • KL

    Buyer's Agent in 2017

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    25 Total Sales

    Kate Leonard
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1135774

State-Wide MLS

APN: NEWP-000007-000000-000241

Rhode Island Newport County Newport 02840

520 Broadway, Newport, RI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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