$756,000
SOLD MAR 22, 2022 RENTED FEB 12, 2025

82 Burnside Ave Newport, RI 02840

6 Beds
2 Baths
2,004 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$377 Per Sq Ft

1% Above List Price

18 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Walking Distance to Water
  • Attic
  • Workshop
  • Skylights

About This Home

As of March 2022

PRISTINE 2-Family home in prime location near the Navy Base and close to Broadway and Downtown Newport. Special Features include a newly renovated first floor unit that is currently vacant and ready to rent or perhaps owner occupy. Second/Third Floor is an updated townhouse style unit that is currently rented with 4 bedrooms, living room and eat-in kitchen. 2 parking spaces, replacement windows, back patio, separate utilities and newer heating systems to name a few highlights. This is a great investment that is literally a turn key opportunity. Don't miss it!

Last Agent to Sell the Property

Connor Dowd

Keller Williams Coastal License #B16208 Listed on: 02/01/2022

Keller Williams Coastal

Last Buyer's Agent

David Carty

CARTY REALTY License #REB.0016121

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 1890

Lot Details

  • 2,178 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,004 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Workshop
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 016-4
  • Assessor Parcel Number 82BURNSIDEAVNEWP

Community Details

Overview

  • 2 Units
  • Kerry Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Building Details

  • Operating Expense $2,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,133

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Subdivision Name: Kerry Hill
  • Above Grade Finished Sq Ft: 2004.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Tub Shower, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 82BURNSIDEAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 2100.0

Tax Info

  • Tax Annual Amount: 4133.0
  • Tax Lot: 016-4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2021
Sold by
Merriman Nathaniel
Bought by
Merriman Nathaniel C and Merriman Samantha E
Total Days on Market
18
Current Estimated Value
$950,724

Purchase Details

Listed on
Jul 14, 2016
Closed on
Sep 16, 2016
Sold by
Correia Desmond
Bought by
Merriman Nathaniel
Seller's Agent
David Travers
Keller Williams Coastal
Buyer's Agent
Timothy Dargan
Teri Degnan RE & Consulting
List Price
$324,900
Sold Price
$314,000
Premium/Discount to List
-$10,900
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$308,312
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 1999
Sold by
Lopes Elza and Weatherspoon Ramona
Bought by
Boulay Kevin J and Boulay Sharon
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Quit Claim Deed -- None Available
Warranty Deed $314,000 --
Warranty Deed $132,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $567,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $308,312 FHA
Previous Owner $361,000 No Value Available
Previous Owner $30,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Rented $6,500 0.0% --
12/28/2024 12/28/24 For Rent $6,500 +97.0% --
05/22/2024 05/22/24 Rented $3,300 0.0% --
05/01/2024 05/01/24 Under Contract -- -- --
01/20/2024 01/20/24 For Rent $3,300 +32.0% --
04/09/2022 04/09/22 Rented $2,500 0.0% --
03/24/2022 03/24/22 For Rent $2,500 0.0% --
03/22/2022 03/22/22 Sold $756,000 +0.9% $377 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $749,000 +138.5% $374 / Sq Ft
09/16/2016 09/16/16 Sold $314,000 -3.4% $157 / Sq Ft
08/17/2016 08/17/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $324,900 -- $162 / 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 $5,215 $634,400 $159,900 $474,500
2023 $4,000 $403,200 $103,700 $299,500
2022 $3,875 $403,200 $103,700 $299,500
2021 $3,762 $403,200 $103,700 $299,500
2020 $3,272 $318,300 $95,900 $222,400
2019 $3,272 $318,300 $95,900 $222,400
2018 $3,180 $318,300 $95,900 $222,400
2017 $3,011 $268,600 $73,700 $194,900
2016 $2,936 $268,600 $73,700 $194,900
2015 $2,866 $268,600 $73,700 $194,900
2014 $3,111 $258,000 $66,000 $192,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1302338

State-Wide MLS

APN: NEWP-000018-000016-000004