56 Berkeley Ave Newport, RI 02840
Memorial Boulevard Neighborhood
5
Beds
2
Baths
1,824
Sq Ft
3,920
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- Attic
- Golf Course Community
- Victorian Architecture
- 5-minute walk to Freebody Park
About This Home
As of February 2021Spacious five bedroom Victorian located near the Cliff Walk, Bellevue Avenue and Salve Regina University. Walk to the beach or downtown from this highly desirable location. As you walk up to the house you will notice the inviting front porch, perfect for sitting with your morning coffee. The first floor has crown molding, beautiful detail and hardwood floors throughout as well as a bedroom and full bath. The open and bright kitchen welcomes you with lovely granite countertops, stainless steel appliances and a breakfast bar. The second floor has four bedrooms including a large deck overlooking the fenced back yard. Also room for expansion in the walk-up attic.
Currently rented through June of 2021 for $3300 per month plus utilities.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,838
Year Built
- Built in 1900
Home Design
- Victorian Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,824 Sq Ft Home
- 3-Story Property
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 1 Parking Space
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
Additional Features
- Porch
- 3,920 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 116
- Assessor Parcel Number 56BERKELEYAVNEWP
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2020
Closed on
Feb 4, 2021
Sold by
Lin Youshan M
Bought by
Krause Frederick T
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
The Hadfield Group
Hogan Associates Christie's
List Price
$839,000
Sold Price
$805,500
Premium/Discount to List
-$33,500
-3.99%
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
$440,394
Avg. Annual Appreciation
8.57%
Original Mortgage
$483,300
Outstanding Balance
$436,476
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$726,869
Purchase Details
Listed on
Sep 21, 2018
Closed on
Sep 10, 2018
Sold by
Beliveau Marc R
Bought by
Lin Youshan M
Seller's Agent
Kate Rooney
Gustave White Sotheby's Realty
Buyer's Agent
Elizabeth Fuller
Homes By Connect
Sold Price
$1,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Original Mortgage
$445,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2011
Sold by
Mckeon Brian T
Bought by
Beliveau Marc R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 15, 2004
Sold by
Gallagher John
Bought by
Mckeon Brian and Mckeon Kathryn
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
5.98%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newport, RI
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $805,500 | None Available | |
| Warranty Deed | $625,000 | -- | |
| Deed | $355,000 | -- | |
| Deed | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $483,300 | Purchase Money Mortgage | |
| Previous Owner | $445,000 | New Conventional | |
| Previous Owner | $282,000 | No Value Available | |
| Previous Owner | $284,000 | Purchase Money Mortgage | |
| Previous Owner | $302,000 | No Value Available | |
| Previous Owner | $322,700 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2021 08/06/21 | Rented | $3,200 | 0.0% | -- |
| 07/07/2021 07/07/21 | Under Contract | -- | -- | -- |
| 04/18/2021 04/18/21 | For Rent | $3,200 | 0.0% | -- |
| 02/15/2021 02/15/21 | Sold | $805,500 | -4.0% | $442 / Sq Ft |
| 01/16/2021 01/16/21 | Pending | -- | -- | -- |
| 10/07/2020 10/07/20 | For Sale | $839,000 | 0.0% | $460 / Sq Ft |
| 04/08/2019 04/08/19 | For Rent | $3,300 | +11.9% | -- |
| 04/08/2019 04/08/19 | Rented | $2,950 | +63.9% | -- |
| 10/24/2018 10/24/18 | Rented | $1,800 | -30.8% | -- |
| 09/24/2018 09/24/18 | Under Contract | -- | -- | -- |
| 09/21/2018 09/21/18 | For Rent | $2,600 | 0.0% | -- |
| 09/10/2018 09/10/18 | Sold | $625,000 | 0.0% | $240 / Sq Ft |
| 08/11/2018 08/11/18 | Pending | -- | -- | -- |
| 07/24/2018 07/24/18 | For Sale | $625,000 | -- | $240 / 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 |
|---|---|---|---|---|
| 2024 | $9,095 | $1,106,500 | $394,300 | $712,200 |
| 2023 | $7,224 | $728,200 | $257,800 | $470,400 |
| 2022 | $6,998 | $728,200 | $257,800 | $470,400 |
| 2021 | $6,794 | $728,200 | $257,800 | $470,400 |
| 2020 | $4,838 | $470,600 | $221,400 | $249,200 |
| 2019 | $4,838 | $470,600 | $221,400 | $249,200 |
| 2018 | $4,701 | $470,600 | $221,400 | $249,200 |
| 2017 | $4,129 | $368,300 | $158,400 | $209,900 |
| 2016 | $4,026 | $368,300 | $158,400 | $209,900 |
| 2015 | $3,930 | $368,300 | $158,400 | $209,900 |
| 2014 | $4,055 | $336,200 | $134,600 | $201,600 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2021
The Hadfield Group
Hogan Associates Christie's
(401) 207-0083
2 in this area
112 Total Sales
-
Seller's Agent in 2021
Chad Kritzas
HomeSmart Professionals
(401) 474-5669
4 in this area
220 Total Sales
-
Seller's Agent in 2019
Kate Rooney
Gustave White Sotheby's Realty
(401) 636-7894
63 Total Sales
-
Buyer's Agent in 2019
Ryan Shea
HomeSmart Professionals
(401) 855-3778
79 Total Sales
-
B
Seller's Agent in 2018
Broker Assisted Sale
Broker Assisted Sale
-
Buyer's Agent in 2018
Elizabeth Fuller
Homes By Connect
(401) 835-6615
9 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1266788
APN: NEWP-000034-000000-000116
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