9 Hoover Rd Unit 11 Middletown, RI 02842
Newport East NeighborhoodEstimated Value: $1,820,000 - $2,084,000
6
Beds
4
Baths
5,806
Sq Ft
$339/Sq Ft
Est. Value
Highlights
- Water Views
- Wood Flooring
- Recreation Facilities
- Deck
- Corner Lot
- Walking Distance to Water
About This Home
As of March 2021Rare Multi-Family in desirable Easton's Point neighborhood. Perfectly situated on an over 15,000 sq ft corner lot. Solid rental history with potential to increase rental income, or decide to occupy one side and lease the other. Perhaps it would make a perfect Family compound! Whatever your desire, this home has been well maintained and is turn-key with central AC,efficient gas heat,newer appliances, fresh paint, and modern conveniences. Each one-level unit has three bedrooms and two full baths. Cavernous basements under each unit, one with walkout.Convenient off-street parking, entertaining deck and patio. One unit has fully fenced in yard for pets or private enjoyment of the back yard.
Take the time to view this remarkable property in one of the most sought after areas in beautiful Middletown RI. Just steps from Newport's Easton's Beach, one mile to downtown Newport, a quick bike ride to Middletown's Sachuest Beach and "Surfers End", walking trails, and a nature preserve.
Last Agent to Sell the Property
First Resort, LLC License #REC.0018932 Listed on: 08/15/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,216
Year Built
- Built in 2000
Lot Details
- 0.35 Acre Lot
- Fenced
- Corner Lot
Home Design
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 5,806 Sq Ft Home
- 1-Story Property
- Storage Room
- Laundry in unit
- Utility Room
- Water Views
- Storm Doors
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 8 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
- Patio
- Porch
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 72 / SE
- Assessor Parcel Number 911HOOVERRDMDLT
Community Details
Recreation
- Recreation Facilities
Additional Features
- 2 Units
- Shops
- Operating Expense $17,498
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 15, 2020
Closed on
Mar 1, 2021
Sold by
Hydrangea House Of Newprt
Bought by
Kimmel Cary M and Cooper Caroline
Seller's Agent
Patrick McGrath
First Resort, LLC
Buyer's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
List Price
$1,395,000
Sold Price
$1,200,000
Premium/Discount to List
-$195,000
-13.98%
Total Days on Market
175
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$767,298
Avg. Annual Appreciation
11.39%
Original Mortgage
$960,000
Outstanding Balance
$870,293
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,032,019
Purchase Details
Closed on
Jul 14, 2014
Sold by
Evans Marylee and Light Kathleen A
Bought by
Difanti Gino M
Purchase Details
Closed on
Sep 6, 1974
Bought by
Difanti Gino M
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kimmel Cary M | $1,200,000 | None Available | |
| Difanti Gino M | -- | -- | |
| Difanti Gino M | $63,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kimmel Cary M | $960,000 | |
| Previous Owner | Hydrangea House Of New | $1,140,000 | |
| Previous Owner | Hydrangea House Of New | $50,000 | |
| Previous Owner | Difante Gino M | $417,000 | |
| Previous Owner | Difanti Gino M | $468,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/09/2021 03/09/21 | Sold | $1,200,000 | -14.0% | $207 / Sq Ft |
| 02/07/2021 02/07/21 | Pending | -- | -- | -- |
| 08/15/2020 08/15/20 | For Sale | $1,395,000 | -- | $240 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $20,691 | $1,837,600 | $1,099,200 | $738,400 |
| 2023 | $14,193 | $1,127,300 | $673,900 | $453,400 |
| 2022 | $13,550 | $1,127,300 | $673,900 | $453,400 |
| 2021 | $13,550 | $1,127,300 | $673,900 | $453,400 |
| 2020 | $12,216 | $887,800 | $563,500 | $324,300 |
| 2018 | $12,207 | $887,800 | $563,500 | $324,300 |
| 2016 | $10,206 | $661,900 | $407,200 | $254,700 |
| 2015 | $9,955 | $661,900 | $407,200 | $254,700 |
| 2014 | $10,444 | $649,900 | $467,500 | $182,400 |
| 2013 | $10,210 | $649,900 | $467,500 | $182,400 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick McGrath
P
Seller's Agent in 2021
Patrick McGrath
First Resort, LLC
(401) 640-1766
2 in this area
5 Total Sales
-
Kathleen Greenman
Buyer's Agent in 2021
Kathleen Greenman
Gustave White Sotheby's Realty
(401) 848-6727
8 in this area
75 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1261777
APN: MIDD-000116-S000000E-000072
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