RENTED JUL 7, 2025

122 Ruggles Ave Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,303,000 - $2,035,000

3 Beds
3 Baths
2,516 Sq Ft
$625/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $715,000 $284 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $9,071/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Baseboard Heating
  • Furnished
  • 1 Car Detached Garage

About This Home

As of July 2025

You'll love this location of this renovated rental, available from Sept 2025- May 2026. This house has a fenced in yard with back deck and patio with an outdoor shower and plenty of privacy, plus a one car garage. Close to Gooseberry Beach, Ocean Drive and local parks, yet walking distance into town. Three bedrooms and three full baths. Tastefully furnished throughout. Hardwood floors and economical gas heat. Pets ok with approval and wifi and water/sewer included in rent.

Last Agent to Rent the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 03/31/2025

RE/MAX Results

Co-Listed By

Devin Sheehan

Serhant Rhode Island License #RES.0041516

Last Renter's Agent

Caroline Richards

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,484

Year Built

  • Built in 1940

Parking

  • 1 Car Detached Garage

Home Design

  • Cape Cod Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 9/1/25
  • Month-to-Month Lease Term
  • Assessor Parcel Number 122RUGGLESAVNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,484

Year Built

Built in 1940

Lot Details

0

Parking

1

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2025-09-01
  • Security Deposit: 5000.0

Listing Details

  • Prop. Type: Residential Lease
  • Co List Office Mls Id: RMAX45
  • Co List Office Phone: 401-848-7827
  • Above Grade Finished Sq Ft: 1794.0
  • Architectural Style: Cape Cod
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1940
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 722.0
  • Entry Location: Private Entry
  • Living Area: 2516.0
  • Stories: 2

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Radiant
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Internet, Parking, Sewer, Trash Collection, Water
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 122RUGGLESAVNEWP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 20, 2018
Sold by
Jim-Lee Yu B
Bought by
Quirk Sean and Quirk Jessica
Seller's Agent
Ryan Shea
HomeSmart Professionals
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$722,000
Sold Price
$715,000
Premium/Discount to List
-$7,000
-0.97%
Current Estimated Value
$1,572,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,753
Avg. Annual Appreciation
11.29%
Original Mortgage
$536,250
Outstanding Balance
$464,741
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,108,012
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Quirk Sean $715,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quirk Sean $536,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2025 07/07/25 Rented $4,800 -4.0% --
06/26/2025 06/26/25 Under Contract -- -- --
03/31/2025 03/31/25 For Rent $5,000 +11.1% --
08/06/2023 08/06/23 Rented $4,500 0.0% --
07/31/2023 07/31/23 Under Contract -- -- --
07/15/2023 07/15/23 For Rent $4,500 0.0% --
08/25/2022 08/25/22 Rented $4,500 0.0% --
08/15/2022 08/15/22 Under Contract -- -- --
08/03/2022 08/03/22 For Rent $4,500 +12.5% --
08/23/2021 08/23/21 For Rent $4,000 0.0% --
08/23/2021 08/23/21 Rented $4,000 0.0% --
07/20/2018 07/20/18 Sold $715,000 -1.0% $284 / Sq Ft View Prior Sale
06/20/2018 06/20/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $722,000 -- $287 / 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
2025 $9,484 $1,091,500 $563,800 $527,700
2024 $8,958 $1,089,800 $563,800 $526,000
2023 $7,124 $718,100 $371,100 $347,000
2022 $6,657 $692,700 $371,100 $321,600
2021 $6,370 $682,700 $371,100 $311,600
2020 $5,916 $575,500 $324,600 $250,900
2019 $5,916 $575,500 $324,600 $250,900
2018 $5,749 $575,500 $324,600 $250,900
2017 $5,678 $506,500 $249,700 $256,800
2016 $5,536 $506,500 $249,700 $256,800
2015 $5,404 $506,500 $249,700 $256,800
2014 $5,589 $463,400 $195,200 $268,200
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Landlord's Agent in 2025

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    43 in this area

    693 Total Sales

    Joe Fitzpatrick
    Section Image
  • Devin Sheehan

    Landlord's Co-Listing Agent in 2025

    Devin Sheehan

    Serhant Rhode Island

    (401) 297-6231

    8 Total Sales

    Devin Sheehan
    Section Image

  • C

    Tenant's Agent in 2025

    Caroline Richards

  • C

    Buyer's Agent in 2021

    Carlene Spagnola

    Greenwich Bay Brokers

  • Ryan Shea

    Seller's Agent in 2018

    Ryan Shea

    HomeSmart Professionals

    (401) 855-3778

    82 Total Sales

    Ryan Shea
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1381211

State-Wide MLS

APN: NEWP-000040-000000-000346

Rhode Island Newport County Newport 02840 Fifth Ward

122 Ruggles Ave, Newport, RI

Not Listed for Sale

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