$740,000
SOLD JAN 30, 2025

8 Peckham Ave Newport, RI 02840

6 Beds
3 Baths
3,128 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

18% Below List Price

0 Day on Market

Highlights

  • Marina
  • Wood Flooring
  • Window Unit Cooling System
  • Golf Course Community
  • Porch
  • Bathtub with Shower

About This Home

As of January 2025

Excellent 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.

Last Agent to Sell the Property

Matt Patty

Real Broker, LLC Listed on: 01/14/2025

Real Broker, LLC

Last Buyer's Agent

Ben Willett

Serhant Rhode Island License #REB.0019095

Serhant Rhode Island

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
  • Hot Water Heating System
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,061

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: LVGP
  • Co List Office Phone: 855-450-0442
  • Above Grade Finished Sq Ft: 3128.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Porch
  • Foundation Details: Block
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 8PECKHAMAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6061.0
  • Tax Lot: 131
  • Tax Year: 2024

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
Serhant Rhode Island
List Price
$899,900
Sold Price
$740,000
Premium/Discount to List
-$159,900
-17.77%
Views
1
Current Estimated Value
$813,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,591
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
Sep 16, 1999
Sold by
Dring Janet E
Bought by
Decotis Gerald C and Decotis Lynne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $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 List to Sale Price per Sq Ft
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 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
2025 $6,407 $737,400 $230,900 $506,500
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

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1376145

State-Wide MLS

APN: NEWP-000007-000000-000131