NOT LISTED FOR SALE

84 Dr Marcus F Wheatland Blvd Newport, RI 02840

Estimated Value: $608,000 - $1,054,000

2 Beds
2 Baths
2,034 Sq Ft
$373/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $479,900 $236 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,458/month

5 Days on Market

Highlights

  • Plywood Flooring
  • Shops
  • Heating System Uses Steam
  • Public Transportation
  • Property near a hospital
  • 1-minute walk to Equality Park

About This Home

As of May 2023

Located near the center of the business district, property features an ample size lot that allows for parking considerations and is zoned GB to allow for a variety of appropriate replacement structures.. Exceptional potential and unique opportunity! This is a Fannie Mae Homepath property.

Last Agent to Sell the Property

Chuck Spencer

Hogan Associates Christie's Brokerage Phone: 401-845-9506 License #RES.0025335 Listed on: 04/29/2023

Last Buyer's Agent

Jim Manson

Hogan Associates Christie's License #RES.0016967

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1887

Lot Details

  • 4,636

Home Design

  • Fixer Upper
  • Wood Siding

Interior Spaces

  • 2,034 Sq Ft Home
  • 2-Story Property
  • Plywood Flooring
  • Unfinished Basement
  • Partial Basement

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Electricity Not Available
  • No Hot Water

Additional Features

  • 4,636 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 092
  • Assessor Parcel Number 84DRMARCUSFWHEATLANDBLVDNEWP

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,167

Year Built

Built in 1887

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1064
  • Above Grade Finished Sq Ft: 2034.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1887
  • Attribution Contact: 401-845-9506
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: No Hot Water
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Plywood
  • Interior Amenities: Bathtub
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: See Remarks
  • Property Condition: Fixer

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, None
  • Heating Yn: No
  • Electric: None
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4636.0
  • Parcel #: 84DRMARCUSFWHEATLANDBLVDNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3167.0
  • Tax Lot: 092
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2023
Closed on
May 11, 2023
Sold by
Mae Fannie
Bought by
Cullen Keith B
Seller's Agent
Chuck Spencer
Hogan Associates Christie's
Buyer's Agent
Jim Manson
Hogan Associates Christie's
List Price
$479,900
Sold Price
$479,900
Views
45
Current Estimated Value
$758,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,242
Avg. Annual Appreciation
16.50%

Purchase Details

Closed on
Mar 30, 2016
Sold by
Deutsche Bk Natl T Co
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 10, 2013
Sold by
Callandret Elridge E
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Mar 22, 2001
Sold by
Lisbon Elizabeth M
Bought by
Callandret Elridge E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,300
Interest Rate
6.93%
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 Buyer Sale Price Title Company
Cullen Keith B $479,900 None Available
Federal National Mortgage Association -- --
Deutsche Bank Natl T C $263,862 --
Callandret Elridge E $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Callandret Elridge E $57,200
Previous Owner Callandret Elridge E $143,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2023 05/26/23 Sold $479,900 0.0% $236 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
04/29/2023 04/29/23 For Sale $479,900 -- $236 / 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 $3,927 $477,700 $165,400 $312,300
2023 $3,269 $329,500 $126,600 $202,900
2022 $3,166 $329,500 $126,600 $202,900
2021 $3,074 $329,500 $126,600 $202,900
2020 $2,862 $278,400 $98,500 $179,900
2019 $2,862 $278,400 $98,500 $179,900
2018 $2,781 $278,400 $98,500 $179,900
2017 $2,615 $233,300 $75,700 $157,600
2016 $2,550 $233,300 $75,700 $157,600
2015 $2,489 $233,300 $75,700 $157,600
2014 $2,507 $207,900 $55,800 $152,100
Source: Public Records

Agents Affiliated with this Home

  • Chuck Spencer

    Seller's Agent in 2023

    Chuck Spencer

    Hogan Associates Christie's

    (401) 862-7324

    2 in this area

    7 Total Sales

    Chuck Spencer
    Section Image
  • Jim Manson

    Buyer's Agent in 2023

    Jim Manson

    Hogan Associates Christie's

    (401) 680-6588

    4 in this area

    7 Total Sales

    Jim Manson
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1334393

State-Wide MLS

APN: NEWP-000014-000000-000092

Rhode Island Newport County Newport 02840

84 Dr Marcus F Wheatland Blvd, Newport, RI

This home is located at 84 Dr Marcus F Wheatland Blvd, Newport, RI 02840 since 29 April 2023 and is currently estimated at $758,142, approximately $372 per square foot. This property was built in 1887. 84 Dr Marcus F 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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