8 Peckham Ave Newport, RI 02840
6
Beds
3
Baths
3,128
Sq Ft
6,098
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- Window Unit Cooling System
- Golf Course Community
- Porch
- Bathtub with Shower
About This Home
As of January 2025Excellent opportunity to own this solid Victorian home in the vibrant North End of Newport! This quality, three-level property sits on a generous 6077 sqft deep lot, nestled back from Broadway on a serene, well-established street. Perfectly positioned near single-family homes, it's just a short walk or bike ride to downtown Newport and only one mile from Middletown, with convenient access to the Newport-Pell Bridge and Naval Station Newport.This spacious home features hardwood floors throughout and a sun-filled first-floor unit with period details and modern granite kitchen upgrades. It includes a full bath, separate laundry area, center parlor, and a large master bedroom with pocket doors and French doors leading to the foyer and front porch. The newly built eat-in kitchen comes with new appliances and a cozy sunroom. It boasts a strong rental history with consistent midterm and long-term occupancy, making it an ideal investment or a great owner-occupant. The property features ample parking for 7+ vehicles and offers endless possibilities for customization, including the option to convert back to a single-family residence.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,061
Year Built
- Built in 1920
Home Design
- Block Foundation
Interior Spaces
- 3,128 Sq Ft Home
- 2-Story Property
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 8 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Heating System Uses Oil
- Heating System Uses Steam
- 200+ Amp Service
- Electric Water Heater
Additional Features
- Porch
- 6,098 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 131
- Assessor Parcel Number 8PECKHAMAVNEWP
Community Details
Overview
- 2 Units
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 14, 2025
Closed on
Jan 30, 2025
Sold by
Decotis Gerard C
Bought by
8 Peckham Ave Llc
Seller's Agent
Matt Patty
Real Broker, LLC
Buyer's Agent
Ben Willett
RE/MAX Results
List Price
$899,900
Sold Price
$740,000
Premium/Discount to List
-$159,900
-17.77%
Total Days on Market
0
Views
1
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
$40,674
Avg. Annual Appreciation
17.60%
Purchase Details
Closed on
Sep 16, 1999
Sold by
Dring Janet E
Bought by
Decotis Gerald C and Decotis Lynne
Map
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Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $740,000 | None Available | |
| Warranty Deed | $740,000 | None Available | |
| Warranty Deed | $127,000 | -- | |
| Warranty Deed | $127,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $255,000 | No Value Available | |
| Previous Owner | $13,503 | Unknown | |
| Previous Owner | $208,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2025 01/30/25 | Sold | $740,000 | -17.8% | $237 / Sq Ft |
| 01/14/2025 01/14/25 | Pending | -- | -- | -- |
| 01/14/2025 01/14/25 | For Sale | $899,900 | -- | $288 / Sq Ft |
Source: State-Wide MLS
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 | $6,061 | $737,400 | $230,900 | $506,500 |
| 2023 | $4,802 | $484,100 | $163,200 | $320,900 |
| 2022 | $4,652 | $484,100 | $163,200 | $320,900 |
| 2021 | $4,517 | $484,100 | $163,200 | $320,900 |
| 2020 | $3,801 | $369,700 | $135,600 | $234,100 |
| 2019 | $3,801 | $369,700 | $135,600 | $234,100 |
| 2018 | $3,693 | $369,700 | $135,600 | $234,100 |
| 2017 | $3,185 | $284,100 | $79,300 | $204,800 |
| 2016 | $3,105 | $284,100 | $79,300 | $204,800 |
| 2015 | $3,031 | $284,100 | $79,300 | $204,800 |
| 2014 | $3,067 | $254,300 | $70,900 | $183,400 |
Source: Public Records
Source: State-Wide MLS
MLS Number: 1376145
APN: NEWP-000007-000000-000131
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