NOT LISTED FOR SALE

9 Newport Ave Newport, RI 02840

Estimated Value: $1,186,302 - $1,673,000

7 Beds
3 Baths
5,057 Sq Ft
$276/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $913,000 $181 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,824/month

4 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Bathtub with Shower
  • 3 Car Detached Garage
  • Porch
  • Laundry Room

About This Home

As of October 2022

Large three family home in excellent condition has three car garage... 1st floor three
bedroom apartment w/ hardwood floors, open kitchen/ dining areas and small front porch,
spacious 2nd and third floor units each have 2 bedrooms. Both first and second floor
apartments have own private covered porches. Heat and electric are separately metered
and water has one meter for all three units. Units #1 & #2 have newer oil fired FHW Heating
systems that also supply hot water. Unit #3 has newer electric hot water tank. Property
being offered in "as is" condition.

Last Agent to Sell the Property

Louis Upham

Coldwell Banker Realty License #RES.0028259 Listed on: 09/29/2022

Coldwell Banker Realty

Last Buyer's Agent

Harbor to Hill Real Estate Team

Warner Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,969

Year Built

  • Built in 1890

Lot Details

  • 4,600

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 5,057 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater

Additional Features

  • Porch
  • 4,600 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 22
  • Assessor Parcel Number 9NEWPORTAVNEWP

Community Details

Overview

  • 3 Units
  • Broadway Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,969

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1056
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 5057.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4600.0
  • Parcel #: 9NEWPORTAVNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4969.16
  • Tax Lot: 22
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2023
Sold by
Gullison John R and Zimble Bonnie F
Bought by
Nri 9 Newport Partnership
Current Estimated Value
$1,395,826

Purchase Details

Listed on
Sep 29, 2022
Closed on
Oct 20, 2022
Sold by
Svetlana V Korolenko Irt and Korolenko
Bought by
Gullison John R
Seller's Agent
Louis Upham
Coldwell Banker Realty
Buyer's Agent
Harbor to Hill Real Estate Team
Warner Realty Group
List Price
$800,000
Sold Price
$913,000
Premium/Discount to List
$113,000
14.12%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.73%

Purchase Details

Closed on
Nov 13, 2019
Sold by
Korolenko Svetlana V and Korolenko George K
Bought by
Svetlana V Korolenko Irt

Purchase Details

Listed on
Sep 18, 2017
Closed on
Jan 8, 2018
Sold by
Mccauley David A and Mccauley Elizabeth J
Bought by
Korolenko Svetlana V and Korolenko Kyrill V
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Danielle Almeida
Lila Delman Compass
List Price
$585,000
Sold Price
$562,500
Premium/Discount to List
-$22,500
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.24%
Original Mortgage
$421,800
Interest Rate
3.92%
Mortgage Type
New Conventional
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
Nri 9 Newport Partnership -- None Available
Gullison John R $913,000 None Available
Svetlana V Korolenko Irt -- --
Korolenko Svetlana V $562,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korolenko Svetlana V $421,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $913,000 +14.1% $181 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $800,000 +42.2% $158 / Sq Ft
01/08/2018 01/08/18 Sold $562,500 -3.8% $156 / Sq Ft View Prior Sale
12/09/2017 12/09/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $585,000 0.0% $162 / Sq Ft
02/20/2013 02/20/13 Rented $1,200 0.0% --
01/21/2013 01/21/13 Under Contract -- -- --
12/11/2012 12/11/12 For Rent $1,200 -- --
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 $6,041 $841,400 $197,200 $644,200
2024 $5,865 $841,400 $197,200 $644,200
2023 $5,283 $532,600 $127,900 $404,700
2022 $5,118 $532,600 $127,900 $404,700
2021 $4,969 $532,600 $127,900 $404,700
2020 $4,232 $411,700 $98,700 $313,000
2019 $4,232 $411,700 $98,700 $313,000
2018 $4,113 $411,700 $98,700 $313,000
2017 $4,288 $382,500 $75,900 $306,600
2016 $4,181 $382,500 $75,900 $306,600
2015 $4,081 $382,500 $75,900 $306,600
2014 $3,944 $327,000 $67,900 $259,100
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Louis Upham

    Coldwell Banker Realty

    Section Image
  • David McCauley

    Seller's Agent in 2018

    David McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 862-6206

    6 in this area

    68 Total Sales

    David McCauley
    Section Image
  • Dawn McCauley

    Seller Co-Listing Agent in 2018

    Dawn McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 864-6348

    5 in this area

    74 Total Sales

    Dawn McCauley
    Section Image
  • Danielle Almeida

    Buyer's Agent in 2018

    Danielle Almeida

    Lila Delman Compass

    (401) 662-9645

    1 in this area

    58 Total Sales

    Danielle Almeida
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1321170

State-Wide MLS

APN: NEWP-000014-000000-000022

Rhode Island Newport County Newport 02840

9 Newport Ave, Newport, RI

Not Listed for Sale

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