Holly McLear
Hogan Associates Christie's
(401) 324-1191
35 Total Sales
6 in Newport
$345K - $1.6M Price Range
70 Burnside Ave Newport, RI 02840
Newport AreaEstimated Value: $868,000 - $1,022,000
4
Beds
2
Baths
1,720
Sq Ft
$548/Sq Ft
Est. Value
Highlights
- Marina
- Attic
- Walking Distance to Water
- Wood Flooring
- Tennis Courts
- Thermal Windows
About This Home
As of June 2022This beautifully renovated two-family home is rented with month-to-month leases to family members. The rents are currently priced well under market. The home was originally built as a single family and could be converted back. Each unit has its own integral gas heating system, electric, and water meter, and washer/dryer. Second floor unit has Central A/C. There is parking for 3 cars and a spacious backyard. Located a short walk to restaurants, theaters, Newport Harbor, and Newport's Historic Point. A well established and consistent rental history would make this a fabulous investment or owner occupied residence.
Last Agent to Sell the Property
William Raveis Inspire License #RES.0024735 Listed on: 05/05/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,282
Year Built
- Built in 1890
Lot Details
- 4,356
Home Design
- Stone Foundation
- Wood Siding
- Clapboard
- Plaster
Interior Spaces
- 1,720 Sq Ft Home
- 3-Story Property
- Skylights
- Thermal Windows
- Storage Room
- Utility Room
- Attic
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Additional Features
- Walking Distance to Water
- 4,356 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 38
- Assessor Parcel Number 70BURNSIDEAVNEWP
Community Details
Overview
- 2 Units
- Kerry Hill Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2023
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
May 5, 2022
Closed on
Jun 30, 2022
Sold by
Bought by
Seller's Agent
Anna Anton
William Raveis Inspire
Buyer's Agent
Jason Brown
William Raveis Inspire
List Price
$875,000
Sold Price
$875,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.82%
Original Mortgage
$700,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2017
Sold by
Bought by
Purchase Details
Closed on
Apr 1, 2010
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newport, RI
-
Holly McLear
-
Samuel Alba
Samuel Alba
Responds QuicklyInnovations Realty
(401) 406-4077
510 Total Sales
3 in Newport
$405K - $1.1M Price Range
-
Michele Doherty
Michele Doherty
Lila Delman Compass
(774) 713-9477
63 Total Sales
2 in Newport
$1.4M - $1.6M Price Range
-
Courtney Grady
Courtney Grady
Elite Property Group
(401) 340-2858
72 Total Sales
1 in Newport
$475,000 Price
-
Lucas Barry
Lucas Barry
Paramount Properties Group
(401) 407-6329
13 Total Sales
3 in Newport
$312K - $2.4M Price Range
-
Quentin Warren
Quentin Warren
Gustave White Sotheby's Realty
(401) 341-1517
3 Total Sales
1 in Newport
$3,950,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $875,000 | None Available | ||
| -- | -- | ||
| $285,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $700,000 | ||
| Previous Owner | $384,750 | ||
| Previous Owner | $273,165 | ||
| Previous Owner | $120,000 | ||
| Previous Owner | $30,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $875,000 | 0.0% | $509 / Sq Ft |
| 06/26/2022 06/26/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $875,000 | -- | $509 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,219 | $726,900 | $193,300 | $533,600 |
| 2024 | $5,975 | $726,900 | $193,300 | $533,600 |
| 2023 | $4,553 | $459,000 | $125,300 | $333,700 |
| 2022 | $4,411 | $459,000 | $125,300 | $333,700 |
| 2021 | $4,282 | $459,000 | $125,300 | $333,700 |
| 2020 | $3,282 | $319,300 | $98,400 | $220,900 |
| 2019 | $3,282 | $319,300 | $98,400 | $220,900 |
| 2018 | $3,190 | $319,300 | $98,400 | $220,900 |
| 2017 | $3,019 | $269,300 | $75,700 | $193,600 |
| 2016 | $2,864 | $262,000 | $75,700 | $186,300 |
| 2015 | $2,796 | $262,000 | $75,700 | $186,300 |
| 2014 | $2,798 | $232,000 | $67,700 | $164,300 |
Source: Public Records
Agents Affiliated with this Home
-
Anna Anton
Seller's Agent in 2022
Anna Anton
William Raveis Inspire
(401) 935-1862
12 Total Sales
-
Jason Brown
JB
Buyer's Agent in 2022
Jason Brown
William Raveis Inspire
(401) 846-3800
22 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1309185
APN: NEWP-000018-000000-000038
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