M
Seller's Agent in 2017
Marisa Ferris
Residential Properties Ltd.
(401) 640-0170
29 Total Sales
1-3 Anthony St Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $987,000 - $1,197,000
5
Beds
2
Baths
2,223
Sq Ft
$507/Sq Ft
Est. Value
Highlights
- Marina
- 0.18 Acre Lot
- Wood Flooring
- Golf Course Community
- Deck
- 2-minute walk to Aquidneck Park
About This Home
As of October 2017Nestled on a private dead-end street in the 5th Ward, this unique two-family property offers a wonderful opportunity, whether you're looking to invest in Newport's strong yearly and seasonal rental market, or if you're searching for a live-in rental property with strong income potential. The left side of the home includes a two bedroom unit with a large living room, eat-in kitchen, full bath, and laundry area, while the right side of the home offers a three bedroom unit, complete with a bright living room, eat-in kitchen, and a spacious loft style master bedroom. Outside, the oversized lot provides four off street parking spaces, as well as a large private fenced-in yard with mature plantings. This lovely outdoor space includes a storage shed available for both units, as well as a good sized deck off the three bedroom unit. Despite the quiet, private location, this property is close to a host of nearby amenities. Just an easy stroll to a collection of nearby parks and athletic fields, the home is also within one mile of Newport's renowned Cliff Walk, Salve Regina University, and beautiful Gooseberry Beach. Enjoy all the seaside shops and restaurants along Thames Street, or the spend the day playing on the grass courts at the Newport Tennis Hall of Fame.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0034595 Listed on: 05/19/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,425
Year Built
- Built in 1930
Lot Details
- 7,840 Sq Ft Lot
- Fenced
Home Design
- Shingle Siding
Interior Spaces
- 2,223 Sq Ft Home
- 2-Story Property
- Skylights
- Unfinished Basement
- Crawl Space
- Dishwasher
- Laundry in unit
- Attic
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Oil Water Heater
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 25
- Assessor Parcel Number 1-3AnthonyCTNEWP
Community Details
Overview
- 4 Units
- Fifth Ward Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Recreation Facilities
Building Details
- Operating Expense $4,241
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2017
Closed on
Oct 2, 2017
Sold by
Cameron Craig E
Bought by
Barnett Colin and George Amanda
Seller's Agent
Marisa Ferris
Residential Properties Ltd.
Buyer's Agent
Karen LeBlanc
Coldwell Banker Realty
List Price
$568,000
Sold Price
$475,000
Premium/Discount to List
-$93,000
-16.37%
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
$651,176
Avg. Annual Appreciation
11.39%
Purchase Details
Closed on
Mar 15, 2001
Sold by
Vierra David A and Vierra Mary
Bought by
Lemler David M and Lemler Patricia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,250
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barnett Colin | $475,000 | -- | |
| Lemler David M | $217,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Lemler David M | $317,977 | |
| Previous Owner | Lemler David M | $152,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2017 10/02/17 | Sold | $475,000 | -16.4% | $214 / Sq Ft |
| 09/02/2017 09/02/17 | Pending | -- | -- | -- |
| 05/19/2017 05/19/17 | For Sale | $568,000 | -- | $256 / 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 |
|---|---|---|---|---|
| 2025 | $7,561 | $870,200 | $448,900 | $421,300 |
| 2024 | $7,153 | $870,200 | $448,900 | $421,300 |
| 2023 | $5,542 | $558,700 | $293,500 | $265,200 |
| 2022 | $5,369 | $558,700 | $293,500 | $265,200 |
| 2021 | $5,213 | $558,700 | $293,500 | $265,200 |
| 2020 | $4,281 | $416,400 | $222,900 | $193,500 |
| 2019 | $4,281 | $416,400 | $222,900 | $193,500 |
| 2018 | $4,160 | $416,400 | $222,900 | $193,500 |
| 2017 | $3,513 | $313,400 | $159,500 | $153,900 |
| 2016 | $3,425 | $313,400 | $159,500 | $153,900 |
| 2015 | $3,344 | $313,400 | $159,500 | $153,900 |
| 2014 | $3,740 | $310,100 | $150,600 | $159,500 |
Source: Public Records
Agents Affiliated with this Home
-
Marisa Ferris
-
Karen LeBlanc
Buyer's Agent in 2017
Karen LeBlanc
Coldwell Banker Realty
(401) 533-4888
3 in this area
53 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1160981
APN: NEWP-000041-000000-000025
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