$350,000
SOLD MAY 9, 2014

15 Simmons St Newport, RI 02840

Fifth Ward Neighborhood
6 Beds
3 Baths
1,870 Sq Ft
3,155 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

7% Below List Price

38 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Attic
  • Water Views
  • Wood Flooring
  • 2-minute walk to Spencer Park

About This Home

As of August 2016

Home fully rented now until May 2015. Home in good condition. Located in downtown Newport with ample parking and potential for a yard. Sale comes with furniture and leases.

Last Agent to Sell the Property

Christopher Walker

William Raveis Inspire License #RES.0034034 Listed on: 03/01/2014

William Raveis Inspire

Last Buyer's Agent

Annabelle Harris

William Raveis Inspire License #RES.0027969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,369

Year Built

  • Built in 1890

Lot Details

  • 3,155 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,870 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Skylights
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dryer
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 75
  • Assessor Parcel Number 15SIMMONSSTNEWP

Community Details

Overview

  • 2 Units
  • Fifth Ward Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,369

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0724
  • Subdivision Name: FIFTH WARD
  • Above Grade Finished Sq Ft: 1870.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range
  • Accessibility Features: Other
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Skylights, Furnished
  • Living Area: 1870.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3155.0
  • Parcel #: 15SIMMONSSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3369.0
  • Tax Lot: 75
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2014
Closed on
May 9, 2014
Sold by
Veazey Fiona
Bought by
Hoan Ratana and Lim Tithdaranet
Seller's Agent
Christopher Walker
William Raveis Inspire
Buyer's Agent
Annabelle Harris
William Raveis Inspire
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$1,075,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$725,332
Avg. Annual Appreciation
9.84%
Original Mortgage
$262,500
Outstanding Balance
$199,916
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$816,664

Purchase Details

Closed on
Feb 26, 2010
Sold by
Us Bk
Bought by
Veazey Fiona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,910
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2009
Sold by
Fitzpatrick Joseph E
Bought by
Us Bank Na

Purchase Details

Closed on
Apr 3, 2006
Sold by
Clark Terry A
Bought by
Fitzpatrick Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,200
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Not Resolvable $350,000 --
Deed $281,000 --
Foreclosure Deed $317,500 --
Deed $499,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,500 Adjustable Rate Mortgage/ARM
Previous Owner $275,910 Purchase Money Mortgage
Previous Owner $51,200 No Value Available
Previous Owner $399,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2019 04/23/19 Rented $5,800 +87.1% --
03/24/2019 03/24/19 Under Contract -- -- --
09/11/2018 09/11/18 For Rent $3,100 0.0% --
08/11/2016 08/11/16 Sold $410,000 -4.4% $219 / Sq Ft
07/12/2016 07/12/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $429,000 0.0% $229 / Sq Ft
12/18/2015 12/18/15 Rented $2,500 -3.8% --
11/18/2015 11/18/15 Under Contract -- -- --
09/02/2015 09/02/15 For Rent $2,600 0.0% --
05/09/2014 05/09/14 Sold $350,000 -6.7% $187 / Sq Ft
04/09/2014 04/09/14 Pending -- -- --
03/01/2014 03/01/14 For Sale $375,000 -- $201 / 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 $6,166 $750,100 $371,300 $378,800
2023 $4,787 $482,600 $242,700 $239,900
2022 $4,638 $482,600 $242,700 $239,900
2021 $4,503 $482,600 $242,700 $239,900
2020 $4,133 $402,000 $219,600 $182,400
2019 $4,133 $402,000 $219,600 $182,400
2018 $4,016 $402,000 $219,600 $182,400
2017 $3,690 $329,200 $157,000 $172,200
2016 $3,598 $329,200 $157,000 $172,200
2015 $3,513 $329,200 $157,000 $172,200
2014 $3,470 $287,700 $133,500 $154,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christopher Walker

    William Raveis Inspire

    (401) 207-3970

    4 in this area

    15 Total Sales

    Christopher Walker
    Section Image
  • Joseph Fitzpatrick

    Buyer's Agent in 2016

    Joseph Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    17 Total Sales

    Joseph Fitzpatrick
    Section Image

  • K

    Buyer's Agent in 2015

    Kevin Castner

    RE/MAX Results

    (401) 787-5194

    2 in this area

    18 Total Sales

    Kevin Castner
    Section Image

  • A

    Buyer's Agent in 2014

    Annabelle Harris

    William Raveis Inspire

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1061034

State-Wide MLS

APN: NEWP-000039-000000-000075

Rhode Island Newport County Newport 02840 Fifth Ward

15 Simmons St, Newport, RI

This home is located at 15 Simmons St, Newport, RI 02840 and is currently priced at $350,000, approximately $187 per square foot. This property was built in 1890. 15 Simmons St 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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