C
Seller's Agent in 2022
Cris Offenberg
Cristina M. Offenberg
1 in this area
5 Total Sales
8 Leal Terrace Newport, RI 02840
North End Residential NeighborhoodEstimated Value: $544,000 - $598,296
4
Beds
1
Bath
1,180
Sq Ft
$481/Sq Ft
Est. Value
Highlights
- Water Views
- Wood Flooring
- Recreation Facilities
- Cape Cod Architecture
- Attic
- 2 Car Detached Garage
About This Home
As of September 2022Recently renovated 4 bedroom home retains the old charm of this 1950's traditional cape home with recent updates for a fresh and clean move in ready home. The 2 stall detached garage is a bonus includes a side entrance. The manicured garden beds and mature trees adds to the cottage charm. Enjoy the views of Newport Bridge and distance ocean view from rear yard to remind you are in the City by the Sea.
The updated eat-in kitchen with granite counters, new cabinets, flooring, paint, and stainless appliances seats 5. Bathroom also has new flooring, tile, vanity and lighting. Other important improvements made in 2019 oil burner, hot water tank, sewer pipe, windows, and roof. Located at the gateway of Newport near the Newport Bridge entrance; Navy Base, bike path, Newport Craft, ball field and short walk to marinas, restaurants, shopping in downtown. Short drive to beaches, mansions, and attractions in Newport and Middletown.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,466
Year Built
- Built in 1950
Lot Details
- 6,970 Sq Ft Lot
- Fenced
- Property is zoned R10
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Cape Cod Architecture
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,180 Sq Ft Home
- 2-Story Property
- Water Views
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Patio
Utilities
- No Cooling
- Central Heating
- Heating System Uses Oil
- 100 Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 16
- Assessor Parcel Number 8LEALTERNEWP
Community Details
Overview
- North Newport Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2022
Closed on
Sep 22, 2022
Sold by
Offenberg Eric and Offenberg Cristina M
Bought by
Gramajo-Davila Rafael A
Seller's Agent
Cris Offenberg
Cristina M. Offenberg
Buyer's Agent
Solomon Nguyen
eXp Realty
List Price
$495,000
Sold Price
$453,000
Premium/Discount to List
-$42,000
-8.48%
Total Days on Market
98
Views
200
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
$114,824
Avg. Annual Appreciation
9.15%
Original Mortgage
$407,702
Outstanding Balance
$393,511
Interest Rate
5.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$174,313
Purchase Details
Closed on
Jan 20, 2017
Sold by
Schmidt Collen M
Bought by
Offenberg Offenberg A and Offenberg Cristina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 7, 2011
Sold by
Schmidt Colleen M
Bought by
Murphy Offenberg A and Murphy Paul
Purchase Details
Closed on
Oct 28, 1999
Sold by
Bryant Robert L and Bryant Patricia
Bought by
Schmidt Colleen M
Purchase Details
Closed on
Mar 6, 1996
Sold by
Transamerica Fin Svcs
Bought by
Bryant Robert L and Bryant Patricia L
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 |
|---|---|---|---|
| Gramajo-Davila Rafael A | $453,000 | None Available | |
| Gramajo-Davila Rafael A | $453,000 | None Available | |
| Offenberg Offenberg A | $187,645 | -- | |
| Murphy Offenberg A | -- | -- | |
| Schmidt Colleen M | $117,000 | -- | |
| Bryant Robert L | $65,000 | -- | |
| Offenberg A Eric A | $187,645 | -- | |
| Murphy Offenberg A | -- | -- | |
| Schmidt Colleen M | $117,000 | -- | |
| Bryant Robert L | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gramajo-Davila Rafael A | $407,702 | |
| Closed | Gramajo-Davila Rafael A | $407,702 | |
| Previous Owner | Offenberg Offenberg A | $185,000 | |
| Previous Owner | Bryant Robert L | $234,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2022 09/23/22 | Sold | $453,000 | -5.6% | $384 / Sq Ft |
| 09/20/2022 09/20/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | Price Changed | $479,900 | -3.1% | $407 / Sq Ft |
| 06/14/2022 06/14/22 | For Sale | $495,000 | -- | $419 / 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 | $3,783 | $460,200 | $137,300 | $322,900 |
| 2023 | $2,659 | $268,000 | $81,000 | $187,000 |
| 2022 | $2,575 | $268,000 | $81,000 | $187,000 |
| 2021 | $2,466 | $264,300 | $81,000 | $183,300 |
| 2020 | $2,414 | $234,800 | $56,400 | $178,400 |
| 2019 | $2,414 | $234,800 | $56,400 | $178,400 |
| 2018 | $2,346 | $234,800 | $56,400 | $178,400 |
| 2017 | $2,112 | $188,400 | $24,300 | $164,100 |
| 2016 | $2,059 | $188,400 | $24,300 | $164,100 |
| 2015 | $2,010 | $188,400 | $24,300 | $164,100 |
| 2014 | $2,451 | $203,200 | $34,700 | $168,500 |
Source: Public Records
Agents Affiliated with this Home
-
Cris Offenberg
-
Solomon Nguyen
S
Buyer's Agent in 2022
Solomon Nguyen
eXp Realty
(401) 548-3746
1 in this area
14 Total Sales
Map
Similar Homes in Newport, RI
Source: State-Wide MLS
MLS Number: 1312210
APN: NEWP-000003-000000-000016
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