$945,000 Price Analysis    ♡   Newport, RI 02840 2 bed 2 bath 1,296 SqFt ($729/SqFt) 6,229SqFt lot. Built 1900 Listed 2024-04-04, Taxes $6,271 | Ⓧ USDA Ineligible due to price & location near Newport |
Welcome to 25 Annandale Road in the picturesque coastal town of Newport
Rhode Island. This unique property presents an exceptional opportunity, whether you're searching for a serene second home or a principal residence. Currently structured as a two-family home, offering versatility and potential. With a shared front entry foyer, the layout is seamless, featuring individual living rooms, eat-in kitchens, comfortable bedrooms and bathrooms with tub/shower combinations in each unit. Enjoy outdoor living with large decks off each unit overlooking the large private, fenced yard. The location is simply unbeatable; find yourself within an easy stroll to an array of fine dining, boutique shopping, iconic tennis courts, the scenic Cliff Walk and the sun-soaked beach.
Parking is a breeze with four off-street spaces available off Lowndes Street and the possibility to expand further. A full basement offers extensive storage possibilities, while two hot water heating systems with tankless water guarantee comfort and efficiency. Each unit also boasts its own electric meter, with circuit breake r panels in the unit, ensuring practicality and convenience. While the property could benefit from some updating, the investment promises to enhance the charm and value of this delightful residence. Envision living in one unit whil drawing income from the other or providing a luxurious guest space for visiting family and friends. Your coastal dream home awaits!
Presented by BILL SIZELAND at
RE/MAX Professionals of Newport.
Property MLS #1355142 from StateWide
Bedroom 1 Level: First Level
Bedroom 2 Level: First Level
Basement Features: Storage Area, Utility
Living Room Level: First Level
Basement Description: Full, Unfinished, Access: Interior and Exterior
Full Bathrooms: 2
Attic Storage
Heating Fuel: Oil
Water Heaters: Tankless
Lot Size Acres: 0.143
Lot Size Square Feet: 6229
Source Listing Status: Active
County: Newport
Tax Year: 2023
Source Property Type: Single Family
Source Neighborhood: Corner Annandale Rd and Lowndes St
Zoning: R10
Property Subtype: Cottage
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $255,300 + $397,300 $652,600 | $6,271 |
| 2021 | $255,300 + $397,300 $652,600 | $6,089 |
| 2020 | $187,700 + $376,400 $564,100 | $5,799 |
| 2019 | $187,700 + $376,400 $564,100 | $5,799 |
| 2018 | $187,700 + $376,400 $564,100 | $5,635 |
| 2017 | $149,600 + $230,800 $380,400 | $4,264 |
| 2016 | $149,600 + $230,800 $380,400 | $4,158 |
| 2015 | $149,600 + $230,800 $380,400 | $4,059 |
| 2014 | $134,000 + $188,800 $322,800 | $3,893 |
| 2013 | $134,000 + $188,800 $322,800 | $3,780 |
$945,000
StateWide
Price Changed 2024-06-12
$945,000
StateWide
Price Changed 2024-05-02
$990,000
StateWide
Price Changed 2024-05-02
$990,000
StateWide
Listed 2024-04-04
$1,080,000
StateWide
Listed 2024-04-04
$1,080,000
StateWide
Listing removed 2024-03-23
$0
StateWide
Listed 2024-03-22
$1,080,000
StateWide
Listing removed 2012-09-14
$299,000
StateWide
Relisted 2012-08-22
$299,000
StateWide
Listing removed 2012-08-17
$299,000
StateWide
Listed 2012-08-13
$299,000
StateWide
Year Built: 1900
Building Exterior Type: Deck, Insulated Glass Windows, Shingles
Property Age: 124
Levels or Stories: 2
Total Above Grade Sqft Area: 1296
Walls: Dry Wall, Plaster
Sewer: Connected, Municipal, Public
Water Source: Individual Meter, Municipal
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.