12 Sylvan Terrace Newport, RI 02840
Memorial Boulevard NeighborhoodEstimated Value: $811,000 - $982,000
3
Beds
1
Bath
1,562
Sq Ft
$583/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- Game Room
- Storage Room
- Wood Flooring
- Laundry Room
- 4-minute walk to Freebody Park
About This Home
As of January 2022Cozy and charming home in a prime Newport location steps to Bellevue Ave and all that Newport has to offer. This 3 bedroom and 1 full bath ranch has a unique layout with an open floorplan. 3 Bedrooms and 1 bath are a few steps up off the open living room/kitchen and the finished basement is just a few steps down. The chef's kitchen boasts a commercial stove. Other magnificent features include central air, hardwoods, wood stove, large yard with gardens, deck and driveway with room for at least 2 cars. Move in ready or update as desired.
Last Agent to Sell the Property
Teri Degnan RE & Consulting License #REC.0015615 Listed on: 12/08/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,662
Year Built
- Built in 1955
Lot Details
- 6,534 Sq Ft Lot
- Property is zoned R10
Home Design
- Split Level Home
- Aluminum Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2-Story Property
- Wood Burning Stove
- Game Room
- Storage Room
- Laundry Room
- Utility Room
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Partially Finished Basement
- Partial Basement
- Interior and Exterior Basement Entry
Parking
- 3 Parking Spaces
- No Garage
Utilities
- Central Air
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Water Heater
Community Details
- Sylvan/Bellevue Subdivision
Listing and Financial Details
- Tax Lot 210
- Assessor Parcel Number 12SYLVANTERNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2021
Closed on
Jan 24, 2022
Sold by
Mclaughlin Patrick K and Lombardi Joan M
Bought by
Redgers Brad
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Hillary Olinger
Hogan Associates Christie's
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Total Days on Market
16
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
$161,401
Avg. Annual Appreciation
9.26%
Original Mortgage
$600,000
Outstanding Balance
$562,583
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$447,490
Similar Homes in Newport, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Redgers Brad | $750,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Redgers Brad | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/24/2022 01/24/22 | Sold | $750,000 | +7.3% | $480 / Sq Ft |
| 12/25/2021 12/25/21 | Pending | -- | -- | -- |
| 12/08/2021 12/08/21 | For Sale | $699,000 | -- | $448 / 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 | $6,201 | $754,400 | $462,700 | $291,700 |
| 2023 | $5,169 | $521,100 | $302,500 | $218,600 |
| 2022 | $5,008 | $521,100 | $302,500 | $218,600 |
| 2021 | $4,862 | $521,100 | $302,500 | $218,600 |
| 2020 | $4,078 | $396,700 | $236,200 | $160,500 |
| 2019 | $4,078 | $396,700 | $236,200 | $160,500 |
| 2018 | $3,963 | $396,700 | $236,200 | $160,500 |
| 2017 | $4,079 | $363,900 | $169,000 | $194,900 |
| 2016 | $3,977 | $363,900 | $169,000 | $194,900 |
| 2015 | $3,883 | $363,900 | $169,000 | $194,900 |
| 2014 | $4,251 | $352,500 | $143,700 | $208,800 |
Source: Public Records
Agents Affiliated with this Home
-
Teri Degnan
Seller's Agent in 2022
Teri Degnan
Teri Degnan RE & Consulting
(401) 474-9191
2 in this area
143 Total Sales
-
Hillary Olinger
Buyer's Agent in 2022
Hillary Olinger
Hogan Associates Christie's
(401) 225-1705
1 in this area
51 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1299087
APN: NEWP-000034-000000-000210
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