NOT LISTED FOR SALE

Estimated Value: $593,000 - $882,000

3 Beds
1 Bath
1,560 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $290,000 $186 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,409/month

7 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Water Views
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2019

Great opportunity in Newport! Looking for a complete interior renovation project on the island? Here it is. Located at the gateway to Newport this home is ready for your vision and makeover. Set on a quiet corner lot with an expansive backyard this property has a well maintained exterior with a young roof, shingled siding and replaced windows. Inside offers high ceilings, hardwood floors, large rooms and plenty of charm. The new roof on the lower family room is ideal for a rooftop deck off a potential master bedroom on the 2nd floor. Young heating system. TONS of potential with this classic New England home. “As Is” Sale. GREAT SUNSETS!

Last Agent to Sell the Property

Michael Russo

RI Real Estate Services License #REB.0018125 Listed on: 09/23/2019

RI Real Estate Services

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,948

Year Built

  • Built in 1922

Lot Details

  • 6,768 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Property is zoned R-10

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,560 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Utility Room
  • Water Views
  • Permanent Attic Stairs
  • Storm Doors

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 228
  • Assessor Parcel Number 185THIRDSTNEWP

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,948

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1554
  • Above Grade Finished Sq Ft: 1560.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1922
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 1560.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6768.0
  • Parcel #: 185THIRDSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2948.0
  • Tax Lot: 228
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Oct 28, 2019
Sold by
Weston William M and Weston Donna
Bought by
Ceglie Vincent S and Ceglie Lynn U
Seller's Agent
Michael Russo
RI Real Estate Services
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%
Current Estimated Value
$733,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,029
Avg. Annual Appreciation
16.31%
Original Mortgage
$232,000
Outstanding Balance
$206,671
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$482,725
Source: Public Records

Range of Values:

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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
Ceglie Vincent S $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceglie Vincent S $232,000
Previous Owner Weston Irene T $100,000
Previous Owner Weston Irene $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $290,000 -3.0% $186 / Sq Ft
10/01/2019 10/01/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $299,000 -- $192 / 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 $4,174 $598,900 $189,500 $409,400
2023 $4,099 $413,200 $145,000 $268,200
2022 $3,971 $413,200 $145,000 $268,200
2021 $3,855 $413,200 $145,000 $268,200
2020 $2,948 $286,800 $105,800 $181,000
2019 $2,948 $286,800 $105,800 $181,000
2018 $2,865 $286,800 $105,800 $181,000
2017 $2,510 $223,900 $81,400 $142,500
2016 $2,447 $223,900 $81,400 $142,500
2015 $2,389 $223,900 $81,400 $142,500
2014 $2,448 $203,000 $60,000 $143,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1236821

State-Wide MLS

APN: NEWP-000009-000000-000228