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Sold for $2,000,500
  • $2,000,500

    115 Wellington Ave, Newport, RI 02840

    3beds
    2,879sqft
    Multi Family
    Built in 1909
    -- sqft lot
    $2,601,000 Zestimate®
    $695/sqft
    $3,684 Estimated rent

    Home value

    $2,601,000

    $2.29M - $2.99M

    $3,684/mo

    Zestimate® history
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    What's special

    Lovely fenced yardRooftop deckMultiple decksCorner lotTwo ensuite bedrooms
    Excellent Opportunity Across from King Park! Discover this exceptional 3-story property situated on a prime corner lot with stunning views of the Newport Bridge and harbor from every level. Currently configured as a 2-family residence, the larger unit occupies the upper two floors, with open concept kitchen/living space and two ensuite bedrooms. The first floor is a blank canvas, gutted and partially framed for a potential 1 bed/1 bath apartment, presenting endless possibilities for customization. Keep as a MFM for rental and/or housing family and friends or convert to your dream single family home. Enjoy outdoor living on one of the multiple decks, including a rooftop deck that provides breathtaking panoramic views, and a lovely fenced yard. A detached 2-car garage offers potential for additional living space. Located steps away from yacht clubs, restaurants, and shops, you'll experience the vibrant lifestyle Newport has to offer. Recent upgrades include gas HVAC and central air, Hardie plank and cedar shingle siding, Marvin windows, and hardwood floors throughout. Trustee Sale, sold "as is", Seller Disclosure not available. This property is a rare find!

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Enochs 318-525-6901,

    Hogan Associates Christie's

    Bought with:

    Kristin Parella, REB.0019735

    Residential Properties Ltd.

    Source: StateWide MLS RI,MLS#: 1371288MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Natural Gas, Central Air, Central, Forced Air, Gas Connected, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Tankless Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Cermaic), Wall (Dry Wall), Wall (Plaster), Skylight, Stairs, Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown)
    • Flooring: Ceramic Tile, Hardwood, Laminate
    • Windows: Insulated Windows, Storm Window(s), Skylight(s)
    • Basement: Partial,Interior Entry,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Insert
    Interior area
    • Total structure area: 2,879
    • Total interior livable area: 2,879 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Detached, Garage Door Opener, Driveway
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Flat Thresholds
    Features
    • Stories: 3
    • Patio & porch: Deck
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Access, Flood Insurance, Walk to Salt Water
    Lot
    • Size: 4,499 Square Feet
    • Features: Corner Lot, Sidewalks
    Details
    • Foundation area: 966
    • Parcel number: NEWPM039B0359
    • Zoning: R10
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Ceramic, Dry Wall, Plaster, Clapboard, Shingles
    • Foundation: Concrete Perimeter, Stone
    Condition
    • New construction: No
    • Year built: 1909

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Municipal, Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Golf, Highway Access, Hospital, Marina, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: Wellington/ King Park
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $695/sqft
    • Tax assessed value: $2,097,000
    • Annual tax amount: $14,616
    • Date on market: 10/25/2024
    • Inclusions: Trustee Sale: No Seller Sales Disclosure and property sold "as is."
    • Total actual rent: 0

    Price history

    DateEventPrice
    12/3/2024Sold$2,000,500+8.1%$695/sqft
    Source: StateWide MLS RI #1371288 Report a problem
    11/1/2024Pending sale$1,850,000$643/sqft
    Source: StateWide MLS RI #1371288 Report a problem
    10/25/2024Listed for sale$1,850,000+245.3%$643/sqft
    Source: StateWide MLS RI #1371288 Report a problem
    3/30/2012Sold$535,700+53470%$186/sqft
    Source: Public Record Report a problem
    6/6/2007Sold$1,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,221 +5.7%$2,097,000
    2024$17,237 +57.4%$2,097,000 +84.1%
    2023$10,949 $1,139,300
    2022$10,949 +3%$1,139,300
    2021$10,630 -4.2%$1,139,300 +5.5%
    2020$11,098 $1,079,600
    2019$11,098 +2.9%$1,079,600
    2018$10,785 +4%$1,079,600 +16.7%
    2017$10,370 +2.6%$925,100
    2016$10,111 +10.7%$925,100 +8.1%
    2015$9,132 +36.3%$855,900 +54.1%
    2014$6,699 +6.9%$555,500 +0.7%
    2012$6,265 -20.8%$551,500 -30.8%
    2011$7,914 +3.9%$797,000
    2010$7,619 +0.4%$797,000
    2009$7,587 -9.2%$797,000 -17.3%
    2008$8,359 +4%$964,100
    2007$8,041 +4%$964,100
    2006$7,732 +6.9%$964,100 +90.5%
    2005$7,232 +11.2%$506,100
    2002$6,503 $506,100
    Find assessor info on the county website

    Neighborhood: Fifth Ward

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,601,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,601,000