Seller's Agent in 2024
Eric Kirton
Lila Delman Compass
(401) 743-2744
2 in this area
88 Total Sales
70 Merton Rd Newport, RI 02840
Memorial Boulevard Neighborhood
3
Beds
2.5
Baths
1,937
Sq Ft
7,841
Sq Ft Lot
Highlights
- Wood Flooring
- Walking Distance to Water
- Bathtub with Shower
- Attic
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
About This Home
As of October 2024Located in one of the best neighborhoods in town and within a block to the Cliff Walk and a short stroll downtown this is a great opportunity. Built new in 2000 the 3 bed 2 1/2 bath 1937 sq ft home has been well maintained. The first floor offers an open floor plan with a light filled kitchen, a comfortable living room with a wood burning fireplace, a three season room and a generous primary suite. On the second floor you will find two full bedrooms, an office space and a full bath. At almost 8,000 sq ft the lot offers multiple areas to sit and a has been well landscaped. An attached two car garage, central air conditioning and a new roof complete the package.
Last Agent to Sell the Property
Lila Delman Compass License #REB.0018697 Listed on: 09/17/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,405
Year Built
- Built in 2000
Lot Details
- 7,841 Sq Ft Lot
- Property is zoned R-10
Parking
- 2 Car Attached Garage
Home Design
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,937 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Attic
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Community Details
- Cliff Walk Subdivision
Listing and Financial Details
- Tax Lot 136
- Assessor Parcel Number 70MERTONRDNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2024
Closed on
Oct 28, 2024
Sold by
Alves Barbara A
Bought by
David & Maryanne Duke Ret and Duke
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Renee Welchman
Compass
List Price
$1,650,000
Sold Price
$1,700,000
Premium/Discount to List
$50,000
3.03%
Views
17
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
$33,925
Avg. Annual Appreciation
2.06%
Original Mortgage
$802,650
Outstanding Balance
$794,779
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$939,146
Purchase Details
Closed on
Dec 3, 2002
Sold by
Rosene Nancy
Bought by
Alves Alexander and Alves Barbara
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 | $1,700,000 | None Available | |
| Warranty Deed | $1,700,000 | None Available | |
| Deed | $635,000 | -- | |
| Deed | $635,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $802,650 | Purchase Money Mortgage | |
| Closed | $802,650 | Purchase Money Mortgage | |
| Previous Owner | $173,000 | No Value Available | |
| Previous Owner | $458,000 | No Value Available | |
| Previous Owner | $2,500,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/29/2024 10/29/24 | Sold | $1,700,000 | +3.0% | $878 / Sq Ft |
| 09/24/2024 09/24/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | For Sale | $1,650,000 | -- | $852 / 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 |
|---|---|---|---|---|
| 2025 | $11,405 | $1,588,500 | $712,000 | $876,500 |
| 2024 | $13,057 | $1,588,500 | $712,000 | $876,500 |
| 2023 | $9,827 | $990,600 | $412,900 | $577,700 |
| 2022 | $9,520 | $990,600 | $412,900 | $577,700 |
| 2021 | $9,242 | $990,600 | $412,900 | $577,700 |
| 2020 | $8,639 | $840,400 | $398,900 | $441,500 |
| 2019 | $8,639 | $840,400 | $398,900 | $441,500 |
| 2018 | $8,396 | $840,400 | $398,900 | $441,500 |
| 2017 | $7,540 | $672,600 | $244,600 | $428,000 |
| 2016 | $7,352 | $672,600 | $244,600 | $428,000 |
| 2015 | $7,177 | $672,600 | $244,600 | $428,000 |
| 2014 | $7,587 | $629,100 | $200,100 | $429,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Kirton
-
Renee Welchman
Buyer's Agent in 2024
Renee Welchman
Compass
(401) 649-1915
4 in this area
87 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1368789
APN: NEWP-000031-000000-000136
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