NOT LISTED FOR SALE

17 Clinton Ave Newport, RI 02840

Estimated Value: $962,333

5 Beds
4 Baths
2,125 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $306,484 $144 Per Sq Ft

Est. 214% increase in value since last sale

Current estimated payment $5,884/month

145 Days on Market

Highlights

  • 3 Car Detached Garage
  • Heating System Uses Gas
  • 4-minute walk to Congdon Parks
  • Ductless Heating Or Cooling System

About This Home

As of March 2017

Bank Owned. Sold "AS IS". Limited Service Listing. No additional information available. See attachment for details and fees to buyer.

Last Agent to Sell the Property

Stephen Sibiga

Ojo Home LLC License #REB.0018219 Listed on: 09/21/2016

Last Buyer's Agent

Dawn McCauley

RE/MAX Profnl. Newport, Inc. License #RES.0021916

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,225

Year Built

  • Built in 1860

Lot Details

  • 5,808 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 2,125 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • 3 Units
  • Newport Subdivision

Listing and Financial Details

  • Tax Lot 037
  • Assessor Parcel Number 17CLINTONAVNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,225

Year Built

Built in 1860

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.1333
  • Subdivision Name: NEWPORT
  • Above Grade Finished Sq Ft: 2125.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1860
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Other
  • Living Area: 2125.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Other
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Gas, Radiant
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5808.0
  • Parcel #: 17CLINTONAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3225.0
  • Tax Lot: 037
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Mar 20, 2017
Sold by
Hsbc Bank Usa Na
Bought by
Farran Gloria and Najmy Stephan
Seller's Agent
Stephen Sibiga
Ojo Home LLC
Buyer's Agent
Dawn McCauley
RE/MAX Profnl. Newport, Inc.
List Price
$350,600
Sold Price
$306,484
Premium/Discount to List
-$44,116
-12.58%
Total Days on Market
145
Current Estimated Value
$962,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,849
Avg. Annual Appreciation
15.55%

Purchase Details

Closed on
Jul 17, 2006
Sold by
Dischino Gerard and Dischino Robin
Bought by
Mclead Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2001
Sold by
Perry Sheila F
Bought by
Bischino Gerard and Bischino Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Farran Gloria $306,484 --
Mclead Diane $350,000 --
Bischino Gerard $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bischino Gerard $280,000
Previous Owner Bischino Gerard $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $306,484 -12.6% $144 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
09/21/2016 09/21/16 For Sale $350,600 -- $165 / 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 $5,789 $704,200 $210,000 $494,200
2023 $4,472 $450,800 $136,200 $314,600
2022 $4,332 $450,800 $136,200 $314,600
2021 $4,206 $450,800 $136,200 $314,600
2020 $3,285 $319,600 $102,000 $217,600
2019 $3,285 $319,600 $102,000 $217,600
2018 $3,193 $319,600 $102,000 $217,600
2017 $3,308 $295,100 $78,500 $216,600
2016 $3,225 $295,100 $78,500 $216,600
2015 $3,149 $295,100 $78,500 $216,600
2014 $2,960 $245,400 $70,200 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1137415

State-Wide MLS

APN: NEWP-000014-000000-000037