NOT LISTED FOR SALE

56 Middleton Ave Unit 1 Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $1,043,000 - $1,639,000

2 Beds
1 Bath
1,284 Sq Ft
$1,005/Sq Ft Est. Value

Highlights

  • No HOA
  • Shops
  • 3-minute walk to Freebody Park
  • Bathtub with Shower
  • Hot Water Heating System

About This Home

As of July 2021

Bright and spacious 2-bedroom,1 bath, 1st floor apartment.
Large living room with hardwood floors, eat in kitchen with newly renovated floor and countertop, laundry hook-ups, and fenced in backyard.
Walk to Cliff Walk, beach, Bellevue Avenue shopping and downtown Newport.

Last Agent to Rent the Property

John Trifero

RE/MAX Profnl. Newport, Inc. License #RES.0044639 Listed on: 07/20/2021

RE/MAX Profnl. Newport, Inc.

Last Renter's Agent

The Preferred Group

Real Broker, LLC

Real Broker, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,285

Year Built

  • Built in 1900

Lot Details

  • 2,134

Parking

  • No Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,284 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Property Available on 8/1/21
  • 12 Month Lease Term
  • Assessor Parcel Number 56MIDDLETONAV1NEWP

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Shops

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,285

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2021-08-01

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1284.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Tub Shower
  • Living Area: 1284.0
  • Stories: 3
  • ResoLivingAreaSource: Appraiser

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Shopping
  • Senior Community: No
  • HOA Rent Includes: None
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 56MIDDLETONAV1NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Trifero John J
Bought by
Eickson John C and Eickson Michael D
Current Estimated Value
$1,290,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,750
Outstanding Balance
$529,824
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$760,767

Purchase Details

Closed on
Sep 17, 1985
Bought by
Trifero John J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Eickson John C $773,000 None Available
Trifero John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eickson John C $579,750
Previous Owner Trifero John J $200,000
Previous Owner Trifero John J $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 For Rent $1,850 0.0% --
07/20/2021 07/20/21 Rented $1,850 +32.1% --
07/13/2020 07/13/20 Rented $1,400 -6.7% --
06/13/2020 06/13/20 Under Contract -- -- --
05/08/2020 05/08/20 For Rent $1,500 -- --
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
2025 $6,285 $875,300 $341,900 $533,400
2024 $6,101 $875,300 $341,900 $533,400
2023 $5,531 $557,600 $223,500 $334,100
2022 $5,359 $557,600 $223,500 $334,100
2021 $5,202 $557,600 $223,500 $334,100
2020 $4,790 $466,000 $217,200 $248,800
2019 $4,790 $466,000 $217,200 $248,800
2018 $4,655 $466,000 $217,200 $248,800
2017 $4,429 $395,100 $155,400 $239,700
2016 $4,318 $395,100 $155,400 $239,700
2015 $4,216 $395,100 $155,400 $239,700
2014 $3,903 $323,600 $132,100 $191,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2021

    John Trifero

    RE/MAX Profnl. Newport, Inc.

    (401) 862-3539

    1 in this area

    3 Total Sales

    John Trifero
    Section Image

  • T

    Tenant's Agent in 2021

    The Preferred Group

    Real Broker, LLC

    (401) 741-6931

    36 Total Sales

    The Preferred Group
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1288827

State-Wide MLS

APN: NEWP-000034-000000-000214

Rhode Island Newport County Newport 02840 Memorial Boulevard

56 Middleton Ave Unit 1, Newport, RI

Not Listed for Sale

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