NOT LISTED FOR SALE

15 Earl Ave Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $944,000 - $1,282,000

4 Beds
2 Baths
2,214 Sq Ft
$494/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $760,000 $343 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,302/month

3 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Water Access
  • Attic
  • 1 Car Detached Garage

About This Home

As of September 2021

Highly desirable duplex located in Newport's Fifth Ward. First floor two bedroom unit boasts a new kitchen and bathroom with ample storage space in kitchen pantry. Second floor unit has same layout as first, plus seasonal water views in the third floor bedroom loft. House includes fully fenced in back yard, garage space and off street parking, laundry and storage in basement. All units have a fresh coat of paint and are completely vacant. With Short walks to downtown, beaches and parks this property will not last long

Last Agent to Sell the Property

Christopher Palmer

Teri Degnan RE & Consulting License #RES.0041669 Listed on: 08/12/2021

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,702

Year Built

  • Built in 1925

Lot Details

  • 3,320 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Stone Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,214 Sq Ft Home
  • 3-Story Property
  • Dry Bar
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • Air Filtration System
  • Central Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Water Heater

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 15EARLAVNEWP

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,702

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0762
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 2214.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Dry Bar, Tub Shower, Air Filtration
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3320.0
  • Parcel #: 15EARLAVNEWP
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Public Transportation,Walkability

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4702.0
  • Tax Lot: 182
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Sep 15, 2021
Sold by
Guenther Damien
Bought by
Lawless Angie and Wilkins Stephen C
Seller's Agent
Christopher Palmer
Teri Degnan RE & Consulting
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Current Estimated Value
$1,093,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,130
Avg. Annual Appreciation
8.95%
Original Mortgage
$608,000
Outstanding Balance
$559,761
Interest Rate
3.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$533,369

Purchase Details

Closed on
Sep 22, 2010
Sold by
Pullar Anthony B and Pullar Kelly
Bought by
Guenther Dannien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,446
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
Sold by
Weaver Matthew D and Weaver Patricia
Bought by
Pullar Anthony B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,125
Interest Rate
7.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Lawless Angie $760,000 None Available
Guenther Dannien $380,000 --
Pullar Anthony B $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawless Angie $608,000
Previous Owner Pullar Anthony B $331,261
Previous Owner Pullar Anthony B $361,446
Previous Owner Pullar Anthony B $41,000
Previous Owner Pullar Anthony B $188,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $760,000 +1.3% $343 / Sq Ft
08/16/2021 08/16/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $750,000 0.0% $339 / Sq Ft
07/01/2017 07/01/17 Rented $1,800 0.0% --
06/01/2017 06/01/17 Under Contract -- -- --
04/26/2017 04/26/17 For Rent $1,800 -- --
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 $6,823 $785,300 $375,900 $409,400
2024 $6,455 $785,300 $375,900 $409,400
2023 $5,000 $504,000 $245,700 $258,300
2022 $4,843 $504,000 $245,700 $258,300
2021 $4,702 $504,000 $245,700 $258,300
2020 $4,543 $441,900 $220,000 $221,900
2019 $4,543 $441,900 $220,000 $221,900
2018 $4,415 $441,900 $220,000 $221,900
2017 $4,106 $366,300 $157,300 $209,000
2016 $4,004 $366,300 $157,300 $209,000
2015 $3,908 $366,300 $157,300 $209,000
2014 $3,872 $321,100 $133,700 $187,400
Source: Public Records

Agents Affiliated with this Home

  • Christopher Palmer

    Seller's Agent in 2021

    Christopher Palmer

    Teri Degnan RE & Consulting

    (401) 862-7378

    1 in this area

    12 Total Sales

    Christopher Palmer
    Section Image
  • Joe Fitzpatrick

    Buyer's Agent in 2021

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    43 in this area

    687 Total Sales

    Joe Fitzpatrick
    Section Image
  • Shana Speer

    Seller's Agent in 2017

    Shana Speer

    Gustave White Sotheby's Realty

    (401) 339-9685

    1 in this area

    52 Total Sales

    Shana Speer
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1290772

State-Wide MLS

APN: NEWP-000040-000000-000182

Rhode Island Newport County Newport 02840 Fifth Ward

15 Earl Ave, Newport, RI

Not Listed for Sale

MultiFamily

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