NOT LISTED FOR SALE

28 Connection St Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $616,000 - $1,603,317

3 Beds
1 Bath
954 Sq Ft
$1,399/Sq Ft Est. Value

Last Sold April 12, 2018

Last sale price $320,000 $335 Per Sq Ft

Est. 317% increase in value since last sale

Current estimated payment $8,575/month

24 Days on Market

Highlights

  • Cottage
  • Fenced
  • 4-minute walk to Spencer Park
  • Forced Air Heating System

About This Home

As of April 2018

Here is your chance to buy and renovate in the Fifth Ward! This cottage sits on an over 4300 square foot lot so potential to expand based on lot coverage. Or just update the cottage and keep it's beachy charm. This prime location is right off of Thames St, meaning you can walk into town, walk to the park or harbor, or ride your bike to Gooseberry Beach. Property has a fenced yard, gas heat, and plenty of space for parking.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 02/16/2018

RE/MAX Results

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 02/16/2018

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,170

Year Built

  • Built in 1920

Lot Details

  • 4,343 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 954 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • Fifth Ward Subdivision

Listing and Financial Details

  • Tax Lot 048
  • Assessor Parcel Number 28CONNECTIONSTNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,170

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0997
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 954.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Living Area: 954.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4343.0
  • Parcel #: 28CONNECTIONSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3170.0
  • Tax Lot: 048
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Gibbs Cathryn A
Bought by
Fox Catherine R and Fox Harvey R
Total Days on Market
24
Current Estimated Value
$1,335,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Outstanding Balance
$616,599
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$754,551

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 12, 2018
Sold by
Sullivan Kevin
Bought by
Gibbs Cathryn A
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.53%
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
Fox Catherine R $870,000 --
Gibbs Cathryn A $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Catherine R $696,000
Previous Owner Freeman Linda D $153,528
Previous Owner Freeman Linda D $180,000
Previous Owner Freeman Linda D $171,000
Previous Owner Freeman Linda D $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $320,000 -8.3% $335 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $349,000 +22.5% $366 / Sq Ft
03/28/2017 03/28/17 Sold $285,000 -12.3% $287 / Sq Ft
02/26/2017 02/26/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $325,000 -- $328 / 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 $12,968 $1,577,600 $404,700 $1,172,900
2023 $10,627 $1,071,300 $264,500 $806,800
2022 $10,295 $1,071,300 $264,500 $806,800
2021 $9,995 $1,071,300 $264,500 $806,800
2020 $7,433 $723,100 $222,200 $500,900
2019 $7,434 $723,200 $222,200 $501,000
2018 $3,335 $333,800 $222,200 $111,600
2017 $3,170 $282,800 $158,900 $123,900
2016 $3,091 $282,800 $158,900 $123,900
2015 $3,017 $282,800 $158,900 $123,900
2014 $3,109 $257,800 $135,100 $122,700
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2018

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    47 in this area

    685 Total Sales

    Joe Fitzpatrick
    Section Image

  • C

    Seller's Agent in 2017

    Christopher Walker

    William Raveis Inspire

    (401) 207-3970

    4 in this area

    15 Total Sales

    Christopher Walker
    Section Image

  • J

    Buyer's Agent in 2017

    James Sullivan

    Teri Degnan RE & Consulting

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1182933

State-Wide MLS

APN: NEWP-000039-000000-000048

Rhode Island Newport County Newport 02840 Fifth Ward

28 Connection St, Newport, RI

This home is located at 28 Connection St, Newport, RI 02840 since 16 February 2018 and is currently estimated at $1,335,079, approximately $1,399 per square foot. This property was built in 1920. 28 Connection St 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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