NOT LISTED FOR SALE

61 E Bowery St Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $1,252,248 - $1,923,000

6 Beds
4 Baths
6,550 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 27, 2019

Last sale price $649,500 $99 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $8,278/month

Highlights

  • Deck
  • Attic
  • Laundry Room
  • Wood Flooring
  • Bathtub with Shower
  • 4-minute walk to Freebody Park

About This Home

As of May 2019

Sold before print.

Last Agent to Sell the Property

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 05/27/2019

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 05/27/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,691

Year Built

  • Built in 1900

Lot Details

  • 3,750 Sq Ft Lot
  • Fenced

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 6,550 Sq Ft Home
  • 3-Story Property
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Breezeway

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Radiant Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • Operating Expense $1,940

Listing and Financial Details

  • Tax Lot 103
  • Assessor Parcel Number 61BOWERYSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,691

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 6550.0
  • 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, Range Hood
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Dining Room Type: Laundry
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Breezeway, Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Radiant, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3750.0
  • Parcel #: 61BOWERYSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 1940.0

Tax Info

  • Tax Annual Amount: 5691.0
  • Tax Lot: 103
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2019
Closed on
Apr 29, 2019
Sold by
Lopez-Ruiz Sergio and Livingston Phoebe H
Bought by
Rosenberg Katherine E
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$650,000
Sold Price
$649,500
Premium/Discount to List
-$500
-0.08%
Current Estimated Value
$1,469,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$819,562
Avg. Annual Appreciation
13.40%
Original Mortgage
$617,715
Outstanding Balance
$544,188
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$924,874

Purchase Details

Listed on
Oct 16, 2013
Closed on
Jan 6, 2014
Sold by
Crowley Barry S
Bought by
Lopez-Ruiz Sergio and Livingston Phoebe H
Seller's Agent
Dorothy Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Louis Upham
RE/MAX Profnl. Newport, Inc.
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$336,000
Interest Rate
3.63%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 30, 2000
Sold by
Kelley Marilyn A
Bought by
Crowley Barry S and Garcia Kathleen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rosenberg Katherine E $650,000 --
Lopez-Ruiz Sergio $420,000 --
Crowley Barry S $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenberg Katherine E $617,715
Previous Owner Crowley Barry S $54,000
Previous Owner Crowley Barry S $336,000
Previous Owner Crowley Barry S $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2019 05/27/19 Sold $649,500 -0.1% $99 / Sq Ft
05/27/2019 05/27/19 For Sale $650,000 +54.8% $99 / Sq Ft
01/06/2014 01/06/14 Sold $420,000 -1.2% $132 / Sq Ft View Prior Sale
12/07/2013 12/07/13 Pending -- -- --
10/16/2013 10/16/13 For Sale $425,000 -- $134 / 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
2025 $6,891 $959,800 $388,000 $571,800
2024 $7,890 $959,800 $388,000 $571,800
2023 $6,170 $622,000 $253,600 $368,400
2022 $5,977 $622,000 $253,600 $368,400
2021 $5,803 $622,000 $253,600 $368,400
2020 $5,857 $569,700 $220,900 $348,800
2019 $5,857 $569,700 $220,900 $348,800
2018 $5,691 $569,700 $220,900 $348,800
2017 $4,601 $410,400 $158,000 $252,400
2016 $4,486 $410,400 $158,000 $252,400
2015 $4,379 $410,400 $158,000 $252,400
2014 $4,345 $360,300 $134,300 $226,000
Source: Public Records

Agents Affiliated with this Home

  • Alex Fraioli

    Seller's Agent in 2019

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    2 in this area

    134 Total Sales

    Alex Fraioli
    Section Image

  • D

    Seller's Agent in 2014

    Dorothy Kirwin

    Libby Kirwin Real Estate

  • L

    Buyer's Agent in 2014

    Louis Upham

    RE/MAX Profnl. Newport, Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1224718

State-Wide MLS

APN: NEWP-000034-000000-000103

Rhode Island Newport County Newport 02840 Memorial Boulevard

61 E Bowery St, Newport, RI

Not Listed for Sale

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