$1,300,000
SOLD JUL 22, 2021
6 Beds
4 Baths
3,644 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$357 Per Sq Ft

4% Above List Price

26 Days on Market

Highlights

  • Deck
  • Cathedral Ceiling
  • Balcony
  • Marble Flooring
  • Recreation Facilities
  • 5-minute walk to Dunlap Wheeler Park

About This Home

As of July 2021

Unique opportunity for a family compound, owner occupied or investor! Enjoy cool summer breezes on private covered porches after a 5 minute walk from First Beach on Easton's Point. Dine on stone patios bordered by lovely landscaped grounds. Each unique townhouse style unit has a spacious open Living, Dining, Kitchen area and full bath on the first floor with hardwood throughout, and a full basement. Second floor of each unit has 3 spacious Bedrooms and full bath. Cathedral ceilings and lofts with balconies and partial ocean views! Parking for 4 cars at each unit! Walk to First Beach, Cliff Walk, restaurants and shops. Minutes to downtown Newport. EXTRA: 50 amp outlet installed for your electric car. A rare gem in a great location!

Last Agent to Sell the Property

Betsy Leerssen

RE/MAX Profnl. Newport, Inc. License #RES.0026010 Listed on: 05/26/2021

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Hillary Olinger

Hogan Associates Christie's License #RES.0040619

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,557

Year Built

  • Built in 2001

Lot Details

  • 9,583 Sq Ft Lot
  • Fenced

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,644 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 8 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Outbuilding

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 193
  • Assessor Parcel Number 76ELLERYAVMDLT

Community Details

Overview

  • 2 Units
  • First Beach Easton's Point Subdivision

Recreation

  • Recreation Facilities

Building Details

  • Operating Expense $4,332

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,557

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Subdivision Name: First Beach Easton's Point
  • Above Grade Finished Sq Ft: 3644.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 2001
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Combination, Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 76ELLERYAVMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 4332.0

Tax Info

  • Tax Annual Amount: 8557.0
  • Tax Lot: 193
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Jul 22, 2021
Sold by
Cinner Peter G and Cinner Susan M
Bought by
Cedrone Angela L and Maziarz Robert D
Seller's Agent
Hillary Olinger
Hogan Associates Christie's
Buyer's Agent
Ben Willett
RE/MAX Results
Sold Price
$2,900
Current Estimated Value
$1,724,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,721,631
Avg. Annual Appreciation
6.56%
Original Mortgage
$975,000
Outstanding Balance
$896,806
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$783,840

Purchase Details

Listed on
Aug 21, 2014
Closed on
Sep 25, 2014
Sold by
Potter Catherine L and Potter Michael J
Bought by
Cinner Peter G and Cinner Susan M
Seller's Agent
Kendra Toppa
Lila Delman Compass
Buyer's Agent
Betsy Leerssen
RE/MAX Profnl. Newport, Inc.
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2011
Sold by
Potter Catherine L
Bought by
Potter Catherine L and Potter Michael J

Purchase Details

Closed on
May 25, 2001
Sold by
Tar Teira and Beckman Carolyn
Bought by
B-Detolly Catherine L
Source: Public Records

Similar Homes in the area

  • 571 Spring St, Newport, RI 02840

    $1,500,000

    • 8 Beds
    • 3 Baths
    • 6,014 Sq Ft
    • 571 Spring St
    • Newport, RI

    Don't miss this Morton Park beautiful multi-family home with large living spaces. The property provides 3 units. The first floor unit has a separate/private entrance, 3 beds/1 bath, a large living room and a spacious kitchen and dining area. The second floor unit also has 3 beds/1 bath, living room and an eat-in kitchen. These two units have high ceilings and tall windows. The third floor has a

    Eddie Rayden Residential Properties Ltd.

    Section Image
  • 74 Third St, Newport, RI 02840

    $1,400,000

    • 5 Beds
    • 3 Baths
    • 2,313 Sq Ft
    • 74 Third St
    • Newport, RI

    Create your coastal dream home in one of Newport's most charming neighborhoods. Located in Historic Point, the property includes a 2-unit main residence, easily convertible into a single-family home, as well as a bonus converted-barn outbuilding to customize and adapt into guest quarters, a creative studio, a home office, or whatever your heart desires. The main house's first level is a 1-bedroom

    Marisa Ferris Residential Properties Ltd.

    Section Image
  • 576 E Main Rd, Middletown, RI 02842

    $1,250,000

    • 4 Beds
    • 2 Baths
    • 2,079 Sq Ft
    • 576 E Main Rd
    • Middletown, RI

    Two homes being sold together! Both homes were built in 1940 with quality construction and an appreciation for detailed craftsmanship as evidenced with the flooring and trim work. The back house located at 578 East Main Road has been the family home for decades. Comprised of two bedrooms, first floor laundry, and dedicated dining and living rooms, the sweetness of this home is idyllic. The front

    Karin Jackson Lila Delman Compass

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,300,000 None Available
Warranty Deed $750,000 --
Deed -- --
Deed $65,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $975,000 Purchase Money Mortgage
Previous Owner $248,000 Credit Line Revolving
Previous Owner $439,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $60,000 No Value Available
Previous Owner $467,125 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 For Rent $3,000 +3.4% --
07/23/2021 07/23/21 Rented $2,900 0.0% --
07/22/2021 07/22/21 Sold $1,300,000 +4.0% $357 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $1,250,000 +66.7% $343 / Sq Ft
09/25/2014 09/25/14 Sold $750,000 0.0% $204 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/21/2014 08/21/14 For Sale $750,000 -- $204 / 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 $17,217 $1,529,000 $701,600 $827,400
2023 $9,780 $776,800 $375,600 $401,200
2022 $9,337 $776,800 $375,600 $401,200
2021 $9,337 $776,800 $375,600 $401,200
2020 $8,557 $621,900 $251,200 $370,700
2018 $8,551 $621,900 $251,200 $370,700
2016 $8,393 $544,300 $182,900 $361,400
2015 $8,186 $544,300 $182,900 $361,400
2014 $7,550 $469,800 $166,200 $303,600
2013 $7,381 $469,800 $166,200 $303,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1283767

State-Wide MLS

APN: MIDD-000115-S000000E-000193