NOT LISTED FOR SALE

3 Palmer St Unit 2 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $627,000 - $743,000

2 Beds
1 Bath
860 Sq Ft
$784/Sq Ft Est. Value

Last Sold October 29, 2015

Last sale price $289,000 $336 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $3,969/month

139 Days on Market

Highlights

  • Wood Flooring
  • Thermal Windows
  • Cooling Available
  • Walking Distance to Water
  • Cul-De-Sac
  • Living Room

About This Home

As of October 2015

Townhouse, 2-level condo, completely renovated in 2013. Private entrance, parking, deck, yard. Hardwoods, granite, stainless, tile bath. Flood ins. not required. Condo docs recorded at closing, fees/tax TBD. Also avail. as 2-unit bldg see MLS 1096051

Last Agent to Sell the Property

Annie Becker

Lila Delman Compass License #REB.0016723 Listed on: 05/12/2015

Last Buyer's Agent

Kara Malkovich

Lila Delman Compass License #REB.0017255

Lila Delman Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,923

Year Built

  • Built in 1918

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 860 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Cul-De-Sac

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 3PALMERST2NEWP

Community Details

Overview

  • 2 Units
  • Fifth Ward/Carroll Ave Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,923

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: FIFTH WARD/CARROLL AVE
  • Above Grade Finished Sq Ft: 860.0
  • Building Name: 1 3 Palmer St
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1918
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 860.0
  • Dining Room Type: Dining Room, Living Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 3PALMERST2NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Lot: 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Oct 29, 2015
Sold by
Hebert Dakota J and Hebert Molly E
Bought by
Walsh Kathleen A
Seller's Agent
Annie Becker
Lila Delman Compass
Buyer's Agent
Kara Malkovich
Lila Delman Compass
List Price
$299,000
Sold Price
$289,000
Premium/Discount to List
-$10,000
-3.34%
Current Estimated Value
$673,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,937
Avg. Annual Appreciation
8.93%
Original Mortgage
$229,600
Outstanding Balance
$181,385
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$492,552
Source: Public Records

Range of Values:

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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
Walsh Kathleen A $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Kathleen A $229,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2015 10/29/15 Sold $289,000 -3.3% $336 / Sq Ft
09/29/2015 09/29/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $299,000 -- $348 / 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
2025 $4,923 $566,600 $0 $566,600
2024 $3,949 $566,600 $0 $566,600
2023 $3,664 $369,400 $0 $369,400
2022 $3,550 $369,400 $0 $369,400
2021 $3,447 $369,400 $0 $369,400
2020 $2,779 $270,300 $0 $270,300
2019 $2,779 $270,300 $0 $270,300
2018 $2,700 $270,300 $0 $270,300
2017 $3,030 $270,300 $0 $270,300
2016 $2,954 $270,300 $0 $270,300
Source: Public Records

Agents Affiliated with this Home

  • Annie Becker

    Seller's Agent in 2015

    Annie Becker

    Lila Delman Compass

    (401) 855-1127

    6 in this area

    34 Total Sales

    Annie Becker
    Section Image
  • Kara Malkovich

    Buyer's Agent in 2015

    Kara Malkovich

    Lila Delman Compass

    (401) 714-6600

    7 in this area

    42 Total Sales

    Kara Malkovich
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1096055

State-Wide MLS

APN: NEWP-000041-000139-000002

Rhode Island Newport County Newport 02840 Fifth Ward

3 Palmer St Unit 2, Newport, RI

This home is located at 3 Palmer St Unit 2, Newport, RI 02840 since 12 May 2015 and is currently estimated at $673,937, approximately $783 per square foot. This property was built in 1918. 3 Palmer St Unit 2 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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