$615,000
SOLD SEP 25, 2020

83 Dr Marcus Wheatland Blvd Newport, RI 02840

6 Beds
4 Baths
3,600 Sq Ft
1,856 Sq Ft Lot

Recently Sold

$171 Per Sq Ft

2% Above List Price

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
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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 $615,000 None Available
Warranty Deed $570,000 --
Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $598,951 FHA
Closed $598,951 FHA
Previous Owner $484,500 Purchase Money Mortgage
Previous Owner $250,000 Purchase Money Mortgage
Previous Owner $215,000 No Value Available
Previous Owner $215,000 No Value Available
Previous Owner $215,000 No Value Available
Previous Owner $218,000 No Value Available
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

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Map

Source: State-Wide MLS

MLS Number: 1260298

State-Wide MLS

APN: NEWP-000014-000000-000099