NOT LISTED FOR SALE

83 Dr Marcus Wheatland Blvd Newport, RI 02840

Estimated Value: $938,000 - $1,326,000

6 Beds
4 Baths
3,600 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $615,000 $171 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,323/month

19 Days on Market

Highlights

  • Wood Flooring
  • Ductless Heating Or Cooling System
  • Wood Siding
  • 1 Fireplace
  • Baseboard Heating
  • 1-minute walk to Equality Park

About This Home

As of September 2020

Great multi-family located in the General Business zone featuring Ductless a/c, hardwood floors, updated kitchen and fireplace. 1st floor has 2 bedrooms, 2 bathrooms and a kitchen. 2nd and 3rd floors has 4 bedrooms, 2 baths and laundry hookups. Walking distance to all the restaurants and shopping on Broadway.

Last Agent to Sell the Property

Ryan Hazinakis

Keller Williams Coastal License #RES.0040457 Listed on: 08/06/2020

Keller Williams Coastal

Last Buyer's Agent

Christine MacDonald

Coldwell Banker Realty License #REB.0019541

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,630

Year Built

  • Built in 1910

Lot Details

  • 1,856 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 3,600 Sq Ft Home
  • 1 Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • 200+ Amp Service
  • 100 Amp Service
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 99
  • Assessor Parcel Number 83DRMARCUSWHEATLANDBLVDNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,630

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.04
  • Above Grade Finished Sq Ft: 3600.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard, Shingle Siding, Wood Siding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1856.0
  • Parcel #: 83DRMARCUSWHEATLANDBLVDNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3630.0
  • Tax Lot: 99
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 23, 2020
Sold by
Zavriyev Henry G and Zavriyev Anton
Bought by
Steeves Leah and Shaffield Ian
Seller's Agent
Ryan Hazinakis
Keller Williams Coastal
Buyer's Agent
Christine MacDonald
Coldwell Banker Realty
List Price
$600,000
Sold Price
$615,000
Premium/Discount to List
$15,000
2.5%
Current Estimated Value
$1,054,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,177
Avg. Annual Appreciation
9.66%
Original Mortgage
$598,951
Outstanding Balance
$533,938
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$434,092

Purchase Details

Listed on
Aug 27, 2018
Closed on
Nov 6, 2018
Sold by
Dipaola Michael
Bought by
Zavriyev Henry G and Zavriyev Anton
Seller's Agent
Michael DiPaola
Premier Homes Realty, LLC
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$599,923
Sold Price
$570,000
Premium/Discount to List
-$29,923
-4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$484,500
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2018
Sold by
Mcmahon Ann E
Bought by
Dipaola Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Steeves Leah $615,000 None Available
Zavriyev Henry G $570,000 --
Dipaola Michael $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steeves Leah A $598,951
Closed Steeves Leah $598,951
Previous Owner Zavriyev Henry G $484,500
Previous Owner Dipaola Michael $250,000
Previous Owner Mcmahon Ann E $215,000
Previous Owner Mcmahon Ann E $215,000
Previous Owner Mcmahon Ann E $215,000
Previous Owner Mcmahon Ann E $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $615,000 +2.5% $171 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $600,000 +5.3% $167 / Sq Ft
11/06/2018 11/06/18 Sold $570,000 -5.0% $158 / Sq Ft
10/07/2018 10/07/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $599,923 -- $167 / 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 $6,948 $845,200 $134,100 $711,100
2023 $5,305 $534,800 $102,600 $432,200
2022 $5,139 $534,800 $102,600 $432,200
2021 $4,990 $534,800 $102,600 $432,200
2020 $3,631 $353,200 $95,700 $257,500
2019 $3,631 $353,200 $95,700 $257,500
2018 $3,528 $353,200 $95,700 $257,500
2017 $3,359 $299,600 $73,600 $226,000
2016 $3,275 $299,600 $73,600 $226,000
2015 $3,197 $299,600 $73,600 $226,000
2014 $3,066 $254,200 $54,200 $200,000
Source: Public Records

Agents Affiliated with this Home

  • Ryan Hazinakis

    Seller's Agent in 2020

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    14 in this area

    134 Total Sales

    Ryan Hazinakis
    Section Image
  • Christine MacDonald

    Buyer's Agent in 2020

    Christine MacDonald

    Coldwell Banker Realty

    (401) 451-1878

    4 in this area

    123 Total Sales

    Christine MacDonald
    Section Image

  • M

    Seller's Agent in 2018

    Michael DiPaola

    Premier Homes Realty, LLC

    (401) 369-1897

    18 Total Sales

    Michael DiPaola
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1260298

State-Wide MLS

APN: NEWP-000014-000000-000099

Rhode Island Newport County Newport 02840

83 Dr Marcus Wheatland Blvd, Newport, RI

This home is located at 83 Dr Marcus Wheatland Blvd, Newport, RI 02840 since 06 August 2020 and is currently estimated at $1,054,177, approximately $292 per square foot. This property was built in 1910. 83 Dr Marcus Wheatland Blvd is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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