Seller's Agent in 2024
Connor Dowd
Keller Williams Coastal
(401) 864-4488
12 in this area
388 Total Sales
55 Gould St Newport, RI 02840
Estimated Value: $600,029 - $777,000
2
Beds
2
Baths
2,244
Sq Ft
$292/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bathtub with Shower
- Storage Room
- Walking Distance to Water
- Tankless Water Heater
- 5-minute walk to Equality Park
About This Home
As of October 2024Welcome to this charming two-family home, perfectly situated just off Broadway in the heart of Newport. This property offers the best of both worlds with two inviting 1-bedroom units, each providing comfort and convenience in a desirable location. The units boast cozy front porches, ideal for relaxing and enjoying the neighborhood's vibrant atmosphere. The fenced rear yard provides a private outdoor space, perfect for entertaining or unwinding after a long day. Whether you're looking for an owner-occupied residence with the added benefit of rental potential or a versatile living arrangement, this home is a fantastic choice. Live in one unit while renting out the other or create a multi-generational living space. With its prime location and charming features, this property is a great opportunity to enjoy Newport living to the fullest.
Last Agent to Sell the Property
Keller Williams Coastal License #B16208 Listed on: 08/08/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,662
Year Built
- Built in 1900
Lot Details
- 2,244 Sq Ft Lot
- Fenced
Parking
- No Garage
Home Design
- Stone Foundation
- Wood Siding
- Shingle Siding
- Clapboard
Interior Spaces
- 2,244 Sq Ft Home
- 2-Story Property
- Storage Room
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Tankless Water Heater
- Oil Water Heater
- Cable TV Available
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 115
- Assessor Parcel Number 55GOULDSTNEWP
Community Details
Overview
- 2 Units
- Broadway Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2024
Closed on
Oct 17, 2024
Sold by
Raposa Family Jret and Raposa
Bought by
Mfr Llc
Seller's Agent
Connor Dowd
Keller Williams Coastal
Buyer's Agent
Hilary Marshall
RE/MAX Professionals
List Price
$649,000
Sold Price
$550,000
Premium/Discount to List
-$99,000
-15.25%
Views
268
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,757
Avg. Annual Appreciation
16.68%
Original Mortgage
$412,500
Outstanding Balance
$407,348
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$248,409
Purchase Details
Closed on
Mar 16, 2022
Sold by
Raposa David J
Bought by
Raposa Fam Ret and Raposa
Purchase Details
Closed on
May 31, 1985
Bought by
Raposa David J
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mfr Llc | $550,000 | None Available | |
| Mfr Llc | $550,000 | None Available | |
| Raposa Fam Ret | -- | None Available | |
| Raposa Fam Ret | -- | None Available | |
| Raposa David J | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mfr Llc | $412,500 | |
| Closed | Mfr Llc | $412,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2024 10/17/24 | Sold | $550,000 | -8.2% | $245 / Sq Ft |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | Price Changed | $599,000 | -7.7% | $267 / Sq Ft |
| 08/08/2024 08/08/24 | For Sale | $649,000 | -- | $289 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,501 | $518,000 | $162,800 | $355,200 |
| 2024 | $4,258 | $518,000 | $162,800 | $355,200 |
| 2023 | $3,290 | $331,700 | $105,600 | $226,100 |
| 2022 | $3,188 | $331,700 | $105,600 | $226,100 |
| 2021 | $3,095 | $331,700 | $105,600 | $226,100 |
| 2020 | $2,629 | $255,700 | $96,100 | $159,600 |
| 2019 | $2,629 | $255,700 | $96,100 | $159,600 |
| 2018 | $2,554 | $255,700 | $96,100 | $159,600 |
| 2017 | $2,397 | $213,800 | $73,900 | $139,900 |
| 2016 | $2,337 | $213,800 | $73,900 | $139,900 |
| 2015 | $2,281 | $213,800 | $73,900 | $139,900 |
| 2014 | $2,588 | $214,600 | $66,100 | $148,500 |
Source: Public Records
Agents Affiliated with this Home
-
Connor Dowd
-
Hilary Marshall
Buyer's Agent in 2024
Hilary Marshall
RE/MAX Professionals
(401) 787-4354
2 in this area
19 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1365676
APN: NEWP-000013-000000-000115
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