$1,500,000
SOLD SEP 23, 2024

54 Coggeshall Ave Newport, RI 02840

Bellevue Avenue and Estates Neighborhood
4 Beds
2 Baths
2,000 Sq Ft
0.29 Acres

Recently Sold

$750 Per Sq Ft

25% Below List Price

75 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Tennis Courts
  • Storm Windows

About This Home

As of September 2024

Extraordinary opportunity, two lots offered as package. On the corner of Victoria and Coggeshall Avenues, tucked behind a handsome stone wall, on the corner of an old estate, a charming Mansard roof two-family cottage is sited on one lot with an abutting vacant lot. From this favorite neighborhood, walk to the beach, the harbor, the Cliff Walk, Mansions, Newport's restaurants and many attractions.

Last Agent to Sell the Property

Kathleen Greenman

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0014874 Listed on: 05/09/2024

Gustave White Sotheby's Realty

Co-Listed By

Michelle Kirby

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0019942

Last Buyer's Agent

Michelle Kirby

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0019942

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,235

Year Built

  • Built in 1920

Home Design

  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • 0.29 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 94 & 105
  • Assessor Parcel Number 54COGGESHALLAVNEWP

Community Details

Overview

  • 2 Units
  • Southern Newport/Bellevue Ave Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,235

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2885
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Southern Newport/Bellevue Ave
  • Above Grade Finished Sq Ft: 2000.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Attribution Contact: 401-849-3000
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Multiple lots
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12569.0
  • Parcel #: 54COGGESHALLAVNEWP
  • Zoning: R 10-A
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 11235.0
  • Tax Lot: 94 & 105
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Sep 23, 2024
Sold by
54 Coggeshall Llc
Bought by
Simaan Walid
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Michelle Kirby
Gustave White Sotheby's Realty
List Price
$1,995,000
Sold Price
$1,500,000
Premium/Discount to List
-$495,000
-24.81%
Views
28
Current Estimated Value
$1,300,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$199,991
Avg. Annual Appreciation
-15.58%
Original Mortgage
$960,000
Outstanding Balance
$952,883
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$343,864

Purchase Details

Closed on
Mar 31, 2021
Sold by
Bustillo John T and Bustillo James M
Bought by
54 Coggeshall Llc
Source: Public Records

Similar Homes in Newport, RI

  • 13 Dean Ave, Newport, RI 02840

    $1,776,000

    • 5 Beds
    • 5 Baths
    • 2,448 Sq Ft
    • 13 Dean Ave
    • Newport, RI

    Fully restored, and de-leaded 3 unit on oversized lot (25% building cov.) in the heart of Newport's Historic Yachting Village! Located steps to Thames Street and all Newport has to offer, this is a tremendous investment or owner occupant opportunity offering as high as a 7.2% Cap Rate--a stellar return for the area, and up to 9 PARKING SPACES. The entire home has been renovated and restored from

    The WP Group Smith and Oak Real Estate Co.

    Section Image
  • 27 Franklin St, Newport, RI 02840

    $1,795,000

    • 5 Beds
    • 4 Baths
    • 2,758 Sq Ft
    • 27 Franklin St
    • Newport, RI

    The c1745 Benjamin Norton House is a well maintained, legal 4 unit in Historic Hill. Located steps from Thames St, this General Business zoned property is perfect for an investor, owner occupy, or short -term rental potential. The first floor offers (2) one-bedroom, one-bath units with great light, high ceilings, and plenty of space. Second floor offers a spacious 1200sf, two-bedroom, one bath

    Mike Sweeney Gustave White Sotheby's Realty

    Section Image
  • 85 Mill St, Newport, RI 02840

    $1,500,000

    • 6 Beds
    • 4 Baths
    • 2,768 Sq Ft
    • 85 Mill St
    • Newport, RI

    Own a piece of true Newport history here in the Historic Hill with a full three family with over 2,700SF of living space a parking space and a yard. Well maintained home includes 6 bedrooms and 4 bathrooms across three separated living areas. Generating solid income with excellent upside or the potential to become your dream Newport estate. As in town as you can get with the Old Stone Mill,

    Jeff Brooks Hogan Associates Christie's

    Section Image
  • 60 Division St, Newport, RI 02840

    $1,695,000

    • 4 Beds
    • 3.5 Baths
    • 2,819 Sq Ft
    • 60 Division St
    • Newport, RI

    Welcome to the Charles Hammett House, a distinguished historic residence in Newport's coveted Historic Hill neighborhood. Before stepping inside, pause on the charming front stoop and enter through iconic red Dutch door into a home rich in character and modern comfort. You're greeted by a dramatic staircase with built-in light fixture and stained-glass windows. The inviting living and dining

    Michelle Drum Gustave White Sotheby's Realty

    Section Image
  • 18 Barney St, Newport, RI 02840

    $1,800,000

    • 6 Beds
    • 4 Baths
    • 5,488 Sq Ft
    • 18 Barney St
    • Newport, RI

    Developers, Investors, and Visionaries Rare Opportunity on Historic Hill! Unlock the tremendous potential of this one-of-a-kind offering in the heart of Newport's coveted Historic Hill neighborhood. Sited on a single lot, 18 Barney Street and 3 & 4 Barney Court comprise three historic buildings waiting to be restored, reimagined, or redeveloped. The primary structure, 18 Barney Street, is a

    Leslie Hogan Hogan Associates Christie's

    Section Image
  • 33 Marsh St, Newport, RI 02840

    $1,590,000

    • 5 Beds
    • 3 Baths
    • 2,285 Sq Ft
    • 33 Marsh St
    • Newport, RI

    Located in Newport's historic Point neighborhood, this meticulously maintained condominium building offers two independent units, each blending historic charm and modern updates. Ideal for investors or those seeking a unique living space, the property is just a short distance from the harbor and local attractions. The first-floor unit features one spacious bedroom, and a light-filled flex space

    Lahna Son-Cundy Mott & Chace Sotheby's Intl.

    Section Image
  • 74 Third St, Newport, RI 02840

    $1,400,000

    • 5 Beds
    • 3 Baths
    • 2,313 Sq Ft
    • 74 Third St
    • Newport, RI

    Create your coastal dream home in one of Newport's most charming neighborhoods. Located in Historic Point, the property includes a 2-unit main residence, easily convertible into a single-family home, as well as a bonus converted-barn outbuilding to customize and adapt into guest quarters, a creative studio, a home office, or whatever your heart desires. The main house's first level is a 1-bedroom

    Marisa Ferris Residential Properties Ltd.

    Section Image
See All Homes in Newport

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 None Available
Warranty Deed $1,200,000 None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $960,000 Purchase Money Mortgage
Closed $960,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Sold $1,500,000 -24.8% $750 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $1,995,000 -- $998 / 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 $8,923 $1,085,500 $535,300 $550,200
2023 $6,942 $699,800 $352,400 $347,400
2022 $6,725 $699,800 $352,400 $347,400
2021 $6,529 $699,800 $352,400 $347,400
2020 $5,858 $569,800 $310,100 $259,700
2019 $5,858 $569,800 $310,100 $259,700
2018 $5,692 $569,800 $310,100 $259,700
2017 $5,226 $466,200 $238,600 $227,600
2016 $5,096 $466,200 $238,600 $227,600
2015 $4,974 $466,200 $238,600 $227,600
2014 $4,708 $390,400 $186,500 $203,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kathleen Greenman

    Gustave White Sotheby's Realty

  • M

    Seller Co-Listing Agent in 2024

    Michelle Kirby

    Gustave White Sotheby's Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1356546

State-Wide MLS

APN: NEWP-000036-000000-000094

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

54 Coggeshall Ave, Newport, RI

This home is located at 54 Coggeshall Ave, Newport, RI 02840 and is currently priced at $1,500,000, approximately $750 per square foot. This property was built in 1920. 54 Coggeshall Ave 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.

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.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes