$314,000
SOLD SEP 16, 2016 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

$157 Per Sq Ft

3% Below List Price

33 Days on Market

Highlights

  • Skylights
  • Tankless Water Heater
  • Shops
  • Storm Windows
  • Public Transportation
  • Property near a hospital

About This Home

As of March 2022

Great investment opportunity! Centrally located 4bd/1bth & 2bd/1bth units. Features vinyl siding, 3 yr old gas furnace, new storm doors, updated electrical panels & flooring, patio, and off street parking. Rental income of $2600 monthly. Come See!

Last Agent to Sell the Property

David Travers

Keller Williams Coastal License #RES.0041167 Listed on: 07/14/2016

Keller Williams Coastal

Last Buyer's Agent

Timothy Dargan

Teri Degnan RE & Consulting License #REB.0019599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,866

Year Built

  • Built in 1890

Home Design

  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,004 Sq Ft Home
  • 3-Story Property
  • Skylights

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Parquet
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Tankless Water Heater

Additional Features

  • 2,178 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 16/4
  • Assessor Parcel Number 82BURNSIDEAVNEWP

Community Details

Overview

  • 2 Units
  • Broadway/Warner Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,866

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: BROADWAY/WARNER
  • Above Grade Finished Sq Ft: 2004.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Laminate, Parquet, Vinyl
  • Interior Amenities: Skylights
  • Living Area: 2004.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Foundation Details: Combination, Stone

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, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 82BURNSIDEAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2866.0
  • Tax Lot: 16/4
  • Tax Year: 2015

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
Current Estimated Value
$940,764

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
13.29%
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: 1131575

State-Wide MLS

APN: NEWP-000018-000016-000004