NOT LISTED FOR SALE

8 Friendship St Newport, RI 02840

Estimated Value: $790,000 - $946,000

4 Beds
3 Baths
2,203 Sq Ft
$393/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $799,000 $363 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,304/month

Highlights

  • Wood Burning Stove
  • Corner Lot
  • Bathtub with Shower
  • Wood Flooring
  • Skylights
  • Storage Room

About This Home

As of April 2023

Sold before print, entered for comp purposes

Last Agent to Sell the Property

Cecelia Harvey

RE/MAX River's Edge License #RES.0046934 Listed on: 04/28/2023

RE/MAX River's Edge

Last Buyer's Agent

Ryan Fonseca

Century 21 Topsail Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,881

Year Built

  • Built in 1890

Lot Details

  • 3,030 Sq Ft Lot
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,203 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Wood Burning Stove
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Units
  • Hospital Subdivision

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 178
  • Assessor Parcel Number 8FRIENDSHIPSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,881

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0696
  • Subdivision Name: Hospital
  • Above Grade Finished Sq Ft: 2203.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Wood Burning Stove
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3030.0
  • Parcel #: 8FRIENDSHIPSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3881.28
  • Tax Lot: 178
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
Apr 28, 2023
Sold by
Spano Jonathan
Bought by
Graham Matthew T and Smolenyak Karinne M
Seller's Agent
Cecelia Harvey
RE/MAX River's Edge
Buyer's Agent
Ryan Fonseca
Century 21 Topsail Realty
List Price
$799,000
Sold Price
$799,000
Total Days on Market
0
Current Estimated Value
$865,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,157
Avg. Annual Appreciation
3.86%
Original Mortgage
$784,528
Outstanding Balance
$762,803
Interest Rate
5.25%
Mortgage Type
FHA
Estimated Equity
$102,354
Source: Public Records

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Range of Values:

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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
Graham Matthew T $799,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Matthew T $784,528
Previous Owner Spano Jonathan E $75,000
Previous Owner Spano Jonathan E $225,000
Previous Owner Spano Jonathan E $145,000
Previous Owner Spano Jonathan E $113,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2023 04/28/23 Sold $799,000 0.0% $363 / Sq Ft
04/28/2023 04/28/23 For Sale $799,000 -- $363 / 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 $5,366 $652,800 $173,200 $479,600
2023 $4,127 $416,000 $112,300 $303,700
2022 $3,998 $416,000 $112,300 $303,700
2021 $3,881 $416,000 $112,300 $303,700
2020 $3,185 $309,800 $96,900 $212,900
2019 $3,185 $309,800 $96,900 $212,900
2018 $3,095 $309,800 $96,900 $212,900
2017 $2,930 $261,400 $74,500 $186,900
2016 $2,857 $261,400 $74,500 $186,900
2015 $2,789 $261,400 $74,500 $186,900
2014 $2,833 $234,900 $66,700 $168,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1332388

State-Wide MLS

APN: NEWP-000011-000000-000178