$456,000
SOLD FEB 16, 2016

1 Lucas Ave Newport, RI 02840

Fifth Ward Neighborhood
7 Beds
3 Baths
2,190 Sq Ft
2,700 Sq Ft Lot

Recently Sold

$208 Per Sq Ft

1% Below List Price

75 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Furnished
  • 4-minute walk to Spencer Park

About This Home

As of October 2020

Fully Furnished TURN-KEY Seasonal Invest. Opp! Great History & Rents in Place! Superb Condition: Modern & Spacious. Completely Reno'd Inside & Out. New: App's Bamboo Flrs, Roof, Siding, Yard w/ Fire Pit & MORE. 54K/yr in RENTS - WILL SELL FAST!

Last Agent to Sell the Property

Kyle Luderer

Keller Williams Coastal License #RES.0035265 Listed on: 11/02/2015

Last Buyer's Agent

Kyle Luderer

Keller Williams Coastal License #RES.0035265 Listed on: 11/02/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,868

Year Built

  • Built in 1870

Lot Details

  • 2,700 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,190 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 374
  • Assessor Parcel Number 1LUCASAVNEWP

Community Details

Overview

  • 2 Units
  • Fifth Ward / Downtown Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Shops
  • Operating Expense $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,868

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.062
  • Subdivision Name: FIFTH WARD / DOWNTOWN
  • Above Grade Finished Sq Ft: 2190.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1870
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Furnished, Cable TV
  • Living Area: 2190.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Individual, Oil, Steam
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2700.0
  • Parcel #: 1LUCASAVNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 3200.0

Tax Info

  • Tax Annual Amount: 3868.0
  • Tax Lot: 374
  • Tax Year: 2015

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Rented $3,100 0.0% --
09/25/2022 09/25/22 Under Contract -- -- --
09/13/2022 09/13/22 For Rent $3,100 0.0% --
10/10/2020 10/10/20 Sold $657,000 +1.2% $178 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $649,000 +42.3% $176 / Sq Ft
02/16/2016 02/16/16 Sold $456,000 -0.7% $208 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
11/02/2015 11/02/15 For Sale $459,000 +53.5% $210 / Sq Ft
12/21/2012 12/21/12 Sold $299,000 -11.8% $137 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
10/17/2012 10/17/12 For Sale $339,000 -- $155 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2022

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    48 in this area

    700 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Joshua Stravato

    Gustave White Sotheby's Realty

    (401) 644-6593

    1 Total Sale

    Section Image

  • T

    Seller's Agent in 2020

    Timothy Dargan

    Teri Degnan RE & Consulting

    (401) 345-7070

    2 in this area

    14 Total Sales

    Section Image

  • K

    Seller's Agent in 2016

    Kyle Luderer

    Keller Williams Coastal

  • Teri Degnan

    Seller's Agent in 2012

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    8 in this area

    143 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1111748

State-Wide MLS

Rhode Island Newport County Newport 02840 Fifth Ward

1 Lucas Ave, Newport, RI

This home is located at 1 Lucas Ave, Newport, RI 02840 and is currently priced at $456,000, approximately $208 per square foot. This property was built in 1870. 1 Lucas Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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