NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,251,258

4 Beds
2 Baths
1,968 Sq Ft
$552/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $664,500 $338 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,460/month

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Furnished
  • 3 Car Detached Garage
  • 3-minute walk to Aquidneck Growers Market (Wednesday)

About This Home

As of February 2021

Summer rental with flexible lease terms. $7,000 for May, $12,000 for June, $15,000 for July, $15,000 for August, September and October could also be available at a discounted rental rate. Spacious 4 bedroom summer Bungalow in a prime location! Just a short walk to First Beach and a 10-minute walk to downtown Newport! Situated just far enough from town to avoid the noise but close enough to walk to everything Newport has to offer. Equipped with off-street parking to accommodate 3-4 cars, enjoy the luxury of walking to the beach or downtown without having to worry about your car! After a long day in the sun, park your bikes, scooters, and boards in the detached garage and rinse off in the outdoor shower! Outside you'll find an expansive fenced-in yard(a rare find in Newport) with a patio and grill. Inside boasts 4 large bedrooms and 2 full modern baths. The private master suite includes cathedral ceilings with a spacious walk-in closet and a beautifully tiled master bathroom with a shower and soaking tub. The open concept kitchen, living, and dining area make this the perfect home for entertaining and family living. Home is equipped with central air, cable, and internet, brand new furnishings throughout, and all utilities are included in the rent with a reasonable cap. A small and well-beghaved dog will be considered but no cats.

Last Agent to Rent the Property

Robert Swift

Edge Realty RI License #RES.0040245 Listed on: 01/08/2021

Last Renter's Agent

Joanne King

Teri Degnan RE & Consulting License #RES.0024089

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,998

Year Built

  • 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Fenced

Home Design

  • Bungalow
  • Shingle Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • Furnished
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 5/1/21
  • Month-to-Month Lease Term
  • Assessor Parcel Number 29MERTONRDNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,998

Year Built

1920

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2021-05-01
  • Security Deposit: 2500.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.14
  • Above Grade Finished Sq Ft: 1968.0
  • Architectural Style: Bungalow
  • Entry Level: 1
  • Garage Yn: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 1920

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Microwave, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: First Floor Access
  • Flooring: Hardwood
  • Interior Amenities: Furnished, Cable TV
  • Living Area: 1968.0

Exterior Features

  • Fencing: Fenced
  • Construction Type: Shingle Siding
  • Exterior Features: Barbecue, Paved Driveway

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Common Area Maintenance, Gas, Gardener, Heat, Hot Water, Internet, Laundry Facilities, Parking, Water
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 29MERTONRDNEWP
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Sep 6, 2019
Sold by
Fitzgerald Claudine M and Fitzgerald Mark V
Bought by
Fitzgerald Rt
Seller's Agent
Robert Swift
Edge Realty RI
Buyer's Agent
Robert Swift
Sold Price
$3,500
Current Estimated Value
$1,087,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,083,565

Purchase Details

Listed on
Jan 31, 2019
Closed on
May 7, 2019
Sold by
Lemieux Steven M and Lemieux Jennifer E
Bought by
Fitzgerald Claudine M and Fitzgerald Mark V
Seller's Agent
Goss Team Closings
Williams & Stuart Real Estate
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$749,000
Sold Price
$664,500
Premium/Discount to List
-$84,500
-11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$484,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2017
Sold by
Lemieux Steven M
Bought by
Lemieux Steven M and Lemieux Jennifer E

Purchase Details

Closed on
Jan 29, 2010
Sold by
Schanil Robert G
Bought by
Lemieux Steven M
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
Fitzgerald Rt -- --
Fitzgerald Claudine M $664,500 --
Lemieux Steven M -- --
Lemieux Steven M $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fitzgerald Ret $480,000
Previous Owner Fitzgerald Claudine M $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2021 02/15/21 Rented $15,000 0.0% --
01/16/2021 01/16/21 Under Contract -- -- --
01/08/2021 01/08/21 For Rent $15,000 +50.0% --
04/21/2020 04/21/20 For Rent $10,000 +33.3% --
04/21/2020 04/21/20 Rented $7,500 +114.3% --
09/12/2019 09/12/19 Rented $3,500 -65.0% --
08/13/2019 08/13/19 Under Contract -- -- --
05/15/2019 05/15/19 For Rent $10,000 0.0% --
05/07/2019 05/07/19 Sold $664,500 -11.3% $338 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
01/31/2019 01/31/19 For Sale $749,000 -- $381 / 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 $6,998 $1,004,000 $458,400 $545,600
2023 $6,464 $651,600 $299,600 $352,000
2022 $6,262 $651,600 $299,600 $352,000
2021 $6,079 $651,600 $299,600 $352,000
2020 $4,908 $477,400 $234,800 $242,600
2019 $4,908 $477,400 $234,800 $242,600
2018 $4,769 $477,400 $234,800 $242,600
2017 $4,799 $428,100 $168,000 $260,100
2016 $4,679 $428,100 $168,000 $260,100
2015 $3,649 $342,000 $168,000 $174,000
2014 $3,408 $282,600 $142,800 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1273013

State-Wide MLS

APN: NEWP-000029-000000-000102