NOT LISTED FOR SALE

16 Old Fort Rd Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $953,482 - $1,054,000

2 Beds
1 Bath
936 Sq Ft
$1,083/Sq Ft Est. Value

Highlights

  • Marina
  • Deck
  • Furnished
  • Golf Course Community
  • Wood Flooring
  • No HOA

About This Home

As of October 2018

BRAND NEW APARTMENT IN A GREAT LOCATION! Located in the center of Fifth Ward, this beautiful new apartment allows you to walk to downtown Newport (with all of the city's best shops, restaurants and bars), beaches, parks, iconic Bellevue Avenue mansions and more while still being in a nice, quiet residential neighborhood. ALL UTILITIES INCLUDED IN RENT (heat, water, electric, central air, trash and Internet). The apartment comes FULLY FURNISHED AND EQUIPPED. Available October 1st 2018 to May 31st 2019 (term is negotiable) Some of the other features include: - 2 large bedrooms and 1 brand new full bath - hardwood floors throughout - brand new kitchen with all stainless steel appliances and granite counter tops - central air - washer and dryer in the unit - off street parking - open layout and lots of natural sunlight. It's a must see!

Last Agent to Rent the Property

Dorota McDermott

Keller Williams Coastal License #RES.0043279 Listed on: 08/03/2018

Last Renter's Agent

Dorota McDermott

Keller Williams Coastal License #RES.0043279 Listed on: 08/03/2018

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,182

Year Built

  • 1920

Lot Details

  • 4,269

Parking

  • 1 Parking Space

Home Design

  • Entry on the 2nd floor
  • Shingle Siding

Interior Spaces

  • 936 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Skylights
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 10/1/18
  • The owner pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 16OLDFORTRDNEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,182

Year Built

1920

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2018-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 936.0
  • Entry Level: 2
  • Unit Levels: One, Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Owner Pays: Hot Water
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry,Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Furnished
  • Living Area: 936.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Electricity, Gas, Heat, Hot Water, Laundry Facilities, Parking, Sewer, Snow Removal, Water
  • Association: No
  • Pets Allowed: Call, Negotiable, Yes

Lot Info

  • Parcel #: 16OLDFORTRDNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2020
Sold by
Mcdermott Liam B
Bought by
Mcdermott Liam B and Mcdermott Dorota
Current Estimated Value
$1,013,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Outstanding Balance
$114,479
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$898,892

Purchase Details

Closed on
Mar 24, 2017
Sold by
Phelan Patricia A
Bought by
Mcdermott Liam B
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 Buyer Sale Price Title Company
Mcdermott Liam B -- None Available
Mcdermott Liam B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott Liam B $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2018 10/17/18 Rented $1,600 -30.4% --
09/17/2018 09/17/18 Under Contract -- -- --
08/03/2018 08/03/18 For Rent $2,300 -- --
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 $7,182 $826,600 $402,200 $424,400
2024 $6,795 $826,600 $402,200 $424,400
2023 $5,304 $534,700 $262,900 $271,800
2022 $5,138 $534,700 $262,900 $271,800
2021 $4,989 $534,700 $262,900 $271,800
2020 $4,677 $455,000 $222,000 $233,000
2019 $4,677 $455,000 $222,000 $233,000
2018 $4,545 $455,000 $222,000 $233,000
2017 $4,191 $373,900 $158,800 $215,100
2016 $4,087 $373,900 $158,800 $215,100
2015 $3,990 $373,900 $158,800 $215,100
2014 $4,118 $341,500 $135,000 $206,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2018

    Dorota McDermott

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1200164

State-Wide MLS

APN: NEWP-000041-000000-000177

Rhode Island Newport County Newport 02840 Fifth Ward

16 Old Fort Rd, Newport, RI

This home is located at 16 Old Fort Rd, Newport, RI 02840 since 03 August 2018 and is currently priced at $1,013,371. This property was built in 1920. 16 Old Fort Rd is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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