NOT LISTED FOR SALE

9 Princeton St Unit 11 Newport, RI 02840

Estimated Value: $819,963 - $1,202,000

6 Beds
2 Baths
2,240 Sq Ft
$423/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $600,000 $268 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,412/month

24 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Tankless Water Heater
  • Attic
  • Storm Windows
  • Public Transportation

About This Home

As of December 2021

Great 2 family side-by-side apartments. Each unit has 3 bedrooms, dining room, hardwood floors and full basement. They each have a separate entrance and rear doors. All utilities are paid by tenants. Each unit has new oil furnaces etc. Tenants have been there for several years.

Last Agent to Sell the Property

FRANCIS OLIVEIRA

RE/MAX Profnl. Newport, Inc. License #REB.0005816 Listed on: 11/05/2021

Last Buyer's Agent

Shiv Patel

Edge Realty RI License #RES.0050041

Edge Realty RI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,677

Year Built

  • Built in 1925

Lot Details

  • 2,240 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,240 Sq Ft Home
  • 2-Story Property
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 181
  • Assessor Parcel Number 911PRINCETONSTNEWP

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,677

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0514
  • Above Grade Finished Sq Ft: 2240.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Cable TV
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard, Shingle Siding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2240.0
  • Parcel #: 911PRINCETONSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3676.95
  • Tax Lot: 181
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 1999
Sold by
Shoppell Samuel J
Bought by
Graham Howard T and Graham Irene
Current Estimated Value
$946,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,550
Outstanding Balance
$22,176
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$924,315
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
Graham Howard T $116,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham Howard T $81,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2021 12/30/21 Sold $600,000 +2.6% $268 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $585,000 -- $261 / 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 $5,202 $598,700 $208,300 $390,400
2024 $4,921 $598,700 $208,300 $390,400
2023 $3,909 $394,100 $147,200 $246,900
2022 $3,787 $394,100 $147,200 $246,900
2021 $3,677 $394,100 $147,200 $246,900
2020 $3,429 $333,600 $128,600 $205,000
2019 $3,429 $333,600 $128,600 $205,000
2018 $3,333 $333,600 $128,600 $205,000
2017 $2,856 $254,800 $75,100 $179,700
2016 $2,785 $254,800 $75,100 $179,700
2015 $2,719 $254,800 $75,100 $179,700
2014 $2,981 $247,200 $67,200 $180,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    FRANCIS OLIVEIRA

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6755

    7 in this area

    24 Total Sales

    FRANCIS OLIVEIRA
    Section Image

  • S

    Buyer's Agent in 2021

    Shiv Patel

    Edge Realty RI

    (401) 556-5700

    2 in this area

    5 Total Sales

    Shiv Patel
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1297883

State-Wide MLS

APN: NEWP-000006-000000-000181

Rhode Island Newport County Newport 02840

9 Princeton St Unit 11, Newport, RI

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