NOT LISTED FOR SALE

9 Apthorp Ave Newport, RI 02840

North End Residential Neighborhood

Estimated Value: $841,000 - $1,213,000

5 Beds
2 Baths
2,432 Sq Ft
$406/Sq Ft Est. Value

Last Sold April 10, 2017

Last sale price $355,000 $146 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $5,698/month

63 Days on Market

Highlights

  • Wood Flooring
  • Property near a hospital
  • Wood Siding
  • Public Transportation
  • Hot Water Heating System

About This Home

As of April 2017

Looking for an investment property? This 2 family has hardwoods, front facing porches and a great rental history. Individual gas and water meters. First floor apt. has 2 larger bedrooms and a smaller bedroom and the top floor apt. has 2 bedrooms.

Last Agent to Sell the Property

Kelly Powers

Hogan Associates Christie's License #RES.0032938 Listed on: 01/06/2017

Last Buyer's Agent

Tammy Bass

Serhant Rhode Island License #RES.0040116

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,138

Year Built

  • Built in 1925

Lot Details

  • 3,200

Parking

  • No Garage

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • 3,200 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 240
  • Assessor Parcel Number 9APTHORPAVNEWP

Community Details

Overview

  • 2 Units
  • Broadway Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,138

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0735
  • Subdivision Name: BROADWAY
  • Above Grade Finished Sq Ft: 2432.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1925
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2432.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3200.0
  • Parcel #: 9APTHORPAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3138.0
  • Tax Lot: 240
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Apr 10, 2017
Sold by
Rok John J
Bought by
Corleto Medardo
Seller's Agent
Kelly Powers
Hogan Associates Christie's
Buyer's Agent
Tammy Bass
Serhant Rhode Island
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$987,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$632,084
Avg. Annual Appreciation
12.57%
Original Mortgage
$335,927
Outstanding Balance
$279,158
Interest Rate
4.16%
Mortgage Type
FHA
Estimated Equity
$707,926

Purchase Details

Closed on
Mar 25, 1980
Bought by
Rok John J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Corleto Medardo $355,000 --
Rok John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corleto Medardo $335,927
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2017 04/10/17 Sold $355,000 +1.4% $146 / Sq Ft
03/11/2017 03/11/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $350,000 -- $144 / 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
2025 $6,263 $720,800 $201,800 $519,000
2024 $5,925 $720,800 $201,800 $519,000
2023 $4,628 $466,500 $142,600 $323,900
2022 $4,483 $466,500 $142,600 $323,900
2021 $4,352 $466,500 $142,600 $323,900
2020 $3,722 $362,100 $127,800 $234,300
2019 $3,722 $362,100 $127,800 $234,300
2018 $3,617 $362,100 $127,800 $234,300
2017 $3,218 $287,100 $74,600 $212,500
2016 $3,138 $287,100 $74,600 $212,500
2015 $3,063 $287,100 $74,600 $212,500
2014 $3,101 $257,100 $66,800 $190,300
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kelly Powers

    Hogan Associates Christie's

    (413) 896-9416

    10 Total Sales

    Kelly Powers
    Section Image
  • Tammy Bass

    Buyer's Agent in 2017

    Tammy Bass

    Serhant Rhode Island

    (401) 430-0856

    2 in this area

    212 Total Sales

    Tammy Bass
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1143933

State-Wide MLS

APN: NEWP-000007-000000-000240

Rhode Island Newport County Newport 02840 North End Residential

9 Apthorp Ave, Newport, RI

Not Listed for Sale

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