Seller's Agent in 2019
Rebecca King
Gustave White Sotheby's Realty
(401) 808-9334
13 in this area
58 Total Sales
17 Summer St Newport, RI 02840
Estimated Value: $950,000 - $1,326,000
5
Beds
3
Baths
5,791
Sq Ft
$184/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Corner Lot
- 0.17 Acre Lot
- Attic
- 4-minute walk to Coggeshall Park
About This Home
As of April 2019This 2-unit building is on the corner of Summer St and Arnold Ave. A quick ride to downtown Newport, the Pell Bridge & Middletown beaches- each unit offers a multitude of amenities. The larger 3-bedroom side is considered the Owner's Unit. Complete with intricately detailed, "Greek Key" hardwood floors, high ceilings and built-in shelving, you enter through a lovely foyer. To the right is the office/library. Straight through the foyer is a dining room that opens up to a living room w/ wood burning fireplace. Galley-style kitchen off the dining room with French doors out to a shared back deck and fenced yard with room for grilling and gardening. Also on the first floor of this unit is a full bathroom with shower stall as well as an over-sized under-stair closet. Upstairs in the larger unit are 3 spacious, sunny bedrooms and a full bath. This unit is heated by oil and has its own electric water heater, young furnace and electrical panel. The second, smaller unit directly next door, offers a quaint living room which leads into a sunny and bright updated kitchen with stainless-steel appliances. Upstairs there are 2 bedrooms and a full bath with shower/tub combo. This unit has electric heat and has its own water heater and electrical panel. Each unit has its own separate front/back entrances as well as separate driveways. Replacement windows throughout. Shared basement with ample storage space. Solid yearly rental history which could increase with TLC/updates!
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0035659 Listed on: 01/10/2019
Last Buyer's Agent
John Repoza
Repoza Real Estate
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,463
Year Built
- Built in 1900
Lot Details
- 7,405 Sq Ft Lot
- Corner Lot
Home Design
- Fixer Upper
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 5,791 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Thermal Windows
- Storage Room
- Utility Room
- Permanent Attic Stairs
- Storm Windows
Kitchen
- Oven
- Range
Flooring
- Wood
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- 100 Amp Service
- Electric Water Heater
Additional Features
- Porch
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 32
- Assessor Parcel Number 17SUMMERSTNEWP
Community Details
Overview
- 4 Units
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2019
Closed on
Apr 8, 2019
Sold by
Doyle-Schlegel Meredith
Bought by
Picard Eric M and Petersen Erynn
Seller's Agent
Rebecca King
Gustave White Sotheby's Realty
Buyer's Agent
John Repoza
Repoza Real Estate
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,895
Avg. Annual Appreciation
10.08%
Original Mortgage
$405,000
Outstanding Balance
$356,067
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$710,828
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Picard Eric M | $540,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Picard Eric M | $405,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2019 04/08/19 | Sold | $540,000 | -9.8% | $93 / Sq Ft |
| 03/09/2019 03/09/19 | Pending | -- | -- | -- |
| 01/10/2019 01/10/19 | For Sale | $599,000 | -- | $103 / Sq Ft |
Source: State-Wide MLS
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 | $6,714 | $772,700 | $245,300 | $527,400 |
| 2024 | $6,352 | $772,700 | $245,300 | $527,400 |
| 2023 | $5,054 | $509,500 | $173,400 | $336,100 |
| 2022 | $4,896 | $509,500 | $173,400 | $336,100 |
| 2021 | $4,754 | $509,500 | $173,400 | $336,100 |
| 2020 | $4,593 | $446,800 | $143,000 | $303,800 |
| 2019 | $4,593 | $446,800 | $143,000 | $303,800 |
| 2018 | $4,464 | $446,800 | $143,000 | $303,800 |
| 2017 | $3,926 | $350,200 | $83,600 | $266,600 |
| 2016 | $3,828 | $350,200 | $83,600 | $266,600 |
| 2015 | $3,737 | $350,200 | $83,600 | $266,600 |
| 2014 | $3,883 | $322,000 | $74,800 | $247,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca King
-
J
Buyer's Agent in 2019
John Repoza
Repoza Real Estate
Map
Source: State-Wide MLS
MLS Number: 1212498
APN: NEWP-000007-000000-000032
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