NOT LISTED FOR SALE

58 Berkeley Ave Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $1,154,000 - $1,820,000

7 Beds
3.5 Baths
4,024 Sq Ft
$364/Sq Ft Est. Value

Last Sold November 04, 2013

Last sale price $450,000 $112 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $8,690/month

95 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Cathedral Ceiling
  • Tennis Courts
  • Thermal Windows

About This Home

As of November 2013

EXTREMELY WELL MAINTAINED BUILDING WITH NEW KITCHENS, HARDWOOD FLOORS, GOOD STORAGE, SEP. UTILTIES. SECOND FLOOR HAS GUEST SUITE ON THIRD FLOOR. SMALL YARD,PATIO WALK TO SALVE, CLIFF WALK, MANSIONS. GREAT INVESTMENT OR OWNER-OCCUPIED. PARKING OFF ST.

Last Agent to Sell the Property

Southwick Team

Keller Williams Coastal Listed on: 07/01/2013

Last Buyer's Agent

Southwick Team

Keller Williams Coastal Listed on: 07/01/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,092

Year Built

  • Built in 1900

Lot Details

  • 4,625

Home Design

  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4,024 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • 4,625 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 119
  • Assessor Parcel Number 58BERKELEYAVNEWP

Community Details

Overview

  • 2 Units
  • Annandale Salve Cliff Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Building Details

  • Operating Expense $2,568

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,092

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1062
  • Subdivision Name: ANNANDALE SALVE CLIFF
  • Above Grade Finished Sq Ft: 4024.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Skylights
  • Living Area: 4024.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4625.0
  • Parcel #: 58BERKELEYAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2568.0

Tax Info

  • Tax Annual Amount: 4092.0
  • Tax Lot: 119
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2013
Closed on
Nov 4, 2013
Sold by
Schacht Cornelia
Bought by
Nait-Daoud Malek and Muchnick Asya
Seller's Agent
Southwick Team
Keller Williams Coastal
Buyer's Agent
Southwick Team
Keller Williams Coastal
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%
Current Estimated Value
$1,466,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,016,367
Avg. Annual Appreciation
10.69%
Original Mortgage
$337,500
Outstanding Balance
$263,402
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$1,228,057

Purchase Details

Closed on
Oct 31, 2003
Sold by
Weber James and Weber Catherine
Bought by
Schacht Cornelia

Purchase Details

Closed on
Jul 3, 2000
Sold by
Friedberg Eric B
Bought by
Weber James and Weber Catherine

Purchase Details

Closed on
Apr 17, 1998
Sold by
Parsons Scott J
Bought by
Friedberg Eric B and Friedberg Mayer T

Purchase Details

Closed on
May 17, 1996
Sold by
Livingston Ira E and Livingston Elaine
Bought by
Parsons Scott J
Source: Public Records

Range of Values:

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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
Nait-Daoud Malek $450,000 --
Schacht Cornelia $505,000 --
Weber James $312,000 --
Friedberg Eric B $181,500 --
Parsons Scott J $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parsons Scott J $337,500
Previous Owner Parsons Scott J $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2013 11/04/13 Sold $450,000 -9.8% $112 / Sq Ft
10/05/2013 10/05/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $499,000 -- $124 / 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 $8,399 $1,021,800 $412,600 $609,200
2023 $6,486 $653,800 $269,700 $384,100
2022 $6,283 $653,800 $269,700 $384,100
2021 $6,100 $653,800 $269,700 $384,100
2020 $5,233 $509,000 $222,800 $286,200
2019 $5,233 $509,000 $222,800 $286,200
2018 $5,085 $509,000 $222,800 $286,200
2017 $4,601 $410,400 $159,400 $251,000
2016 $4,486 $410,400 $159,400 $251,000
2015 $4,379 $410,400 $159,400 $251,000
2014 $4,344 $360,200 $135,500 $224,700
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Southwick Team

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1045063

State-Wide MLS

APN: NEWP-000034-000000-000119

Rhode Island Newport County Newport 02840 Memorial Boulevard

58 Berkeley Ave, Newport, RI

This home is located at 58 Berkeley Ave, Newport, RI 02840 since 01 July 2013 and is currently estimated at $1,466,367, approximately $364 per square foot. This property was built in 1900. 58 Berkeley 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.

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