NOT LISTED FOR SALE

12 Norman St Unit 14 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $860,000 - $1,059,622

4 Beds
2 Baths
1,980 Sq Ft
$500/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $327,000 $165 Per Sq Ft

Est. 203% increase in value since last sale

Current estimated payment $6,074/month

36 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Attic
  • Walking Distance to Water

About This Home

As of July 2012

Rare fifth ward investment opportunity. Situated within walking distance to downtown Newport this desirable home will not last long. This property offers many options for investment/occupancy.Positive rental history.Estate Sale subject to probate.

Last Agent to Sell the Property

Brooks Hawkins

Libby Kirwin Real Estate License #RES.0034250 Listed on: 05/18/2012

Last Buyer's Agent

Lizbeth Kirwin

Keller Williams Rlty Newport

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 1918

Lot Details

  • 5,227

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • 5,227 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 145
  • Assessor Parcel Number 1214NORMANSTNEWP

Community Details

Overview

  • 2 Units
  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,083

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: FIFTH WARD
  • Above Grade Finished Sq Ft: 1980.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic
  • Living Area: 1980.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Aluminum Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 1214NORMANSTNEWP
  • Zoning: R 10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3083.0
  • Tax Lot: 145
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2012
Closed on
Jul 24, 2012
Sold by
Anderson Antionette M
Bought by
Brady Sean P and Brady Meaghan N
Seller's Agent
Brooks Hawkins
Libby Kirwin Real Estate
Buyer's Agent
Lizbeth Kirwin
Keller Williams Rlty Newport
List Price
$299,000
Sold Price
$327,000
Premium/Discount to List
$28,000
9.36%
Total Days on Market
36
Current Estimated Value
$990,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$663,406
Avg. Annual Appreciation
9.25%
Original Mortgage
$321,077
Outstanding Balance
$231,284
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$790,094
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brady Sean P $327,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macrae Meaghan $85,000
Open Brady Sean P $321,077
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Sold $327,000 +9.4% $165 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $299,000 -- $151 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $6,172 $885,500 $424,100 $461,400
2023 $5,682 $572,800 $277,300 $295,500
2022 $5,505 $572,800 $277,300 $295,500
2021 $5,344 $572,800 $277,300 $295,500
2020 $4,471 $434,900 $223,900 $211,000
2019 $4,471 $434,900 $223,900 $211,000
2018 $4,345 $434,900 $223,900 $211,000
2017 $3,869 $345,100 $160,200 $184,900
2016 $3,772 $345,100 $160,200 $184,900
2015 $3,682 $345,100 $160,200 $184,900
2014 $3,558 $295,000 $136,200 $158,800
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brooks Hawkins

    Libby Kirwin Real Estate

  • L

    Buyer's Agent in 2012

    Lizbeth Kirwin

    Keller Williams Rlty Newport

  • Libby Kirwin

    Buyer's Agent in 2012

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    8 in this area

    58 Total Sales

    Libby Kirwin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1017617

State-Wide MLS

APN: NEWP-000041-000000-000145

Rhode Island Newport County Newport 02840 Fifth Ward

12 Norman St Unit 14, Newport, RI

This home is located at 12 Norman St Unit 14, Newport, RI 02840 since 18 May 2012 and is currently estimated at $990,406, approximately $500 per square foot. This property was built in 1918. 12 Norman St Unit 14 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.

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