NOT LISTED FOR SALE

3 Potter St Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $897,305 - $1,132,000

5 Beds
2 Baths
3,213 Sq Ft
$308/Sq Ft Est. Value

Sale Details

Date Sold: October 9, 2019

Last sale price $510,000 $159 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,709 / mo

31 Days on Market

Highlights

  • Marina
  • Cathedral Ceiling
  • Tennis Courts
  • Deck
  • Wood Flooring
  • 3-minute walk to Spencer Park

About This Home

As of October 2019

Location, Location, Location!! 2 Family steps to downtown Thames. First floor was gutted & renovated 2 bedroom 1 bath, available for owner occupied or investment complete with private porch and fenced yard. Second unit has 3 bedrooms on 2 levels with 1 bath. Separate entrance and private deck. Laundry in both units. You'll be surrounded by beaches, restaurant, shops, galleries, spa and parks all steps from your door.

Last Agent to Sell the Property

Donna Prescott

New England Properties License #RES.0026572 Listed on: 08/08/2019

Last Buyer's Agent

Robert Swift

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,930

Year Built

  • Built in 1890

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Vinyl Siding
  • Plaster

Interior Spaces

  • 3,213 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 094
  • Assessor Parcel Number 3POTTERSTNEWP

Community Details

Overview

  • 4 Units
  • Fith Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,930

Year Built

Built in 1890

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Subdivision Name: Fith Ward
  • Above Grade Finished Sq Ft: 3213.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Stories: 3
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas, Hot Water, Individual, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • Parcel #: 3POTTERSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3930.0
  • Tax Lot: 094
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2019
Closed on
Oct 9, 2019
Sold by
Meek Geoffry R and Meek Michele
Bought by
Thornton Karolien E
Seller's Agent
Donna Prescott
New England Properties
Buyer's Agent
Robert Swift
List Price
$525,000
Sold Price
$510,000
Premium/Discount to List
-$15,000
-2.86%
Current Estimated Value
$989,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$479,326
Avg. Annual Appreciation
10.73%
Original Mortgage
$503,587
Outstanding Balance
$435,277
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$554,049

Purchase Details

Closed on
Aug 30, 2017
Sold by
Axelson Christian
Bought by
Meek Geoffry and Meek Michele

Purchase Details

Closed on
May 27, 2005
Sold by
Anderson George and Anderson Cathy A
Bought by
Meck Geoffry and Meck Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 1996
Sold by
Cournoyer Lucille
Bought by
Anderson George and Anderson Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,886
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Thornton Karolien E $510,000 --
Meek Geoffry $36,000 --
Meck Geoffry $425,000 --
Anderson George $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornton Karolien E $503,587
Previous Owner Anderson George $340,000
Previous Owner Anderson George $103,886
Previous Owner Anderson George $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2019 10/09/19 Sold $510,000 -2.9% $159 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $525,000 -- $163 / 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 $5,503 $766,400 $351,400 $415,000
2024 $5,342 $766,400 $351,400 $415,000
2023 $4,887 $492,600 $229,700 $262,900
2022 $4,734 $492,600 $229,700 $262,900
2021 $4,596 $492,600 $229,700 $262,900
2020 $4,039 $392,900 $218,000 $174,900
2019 $4,039 $392,900 $218,000 $174,900
2018 $3,925 $392,900 $218,000 $174,900
2017 $3,466 $309,200 $155,900 $153,300
2016 $3,380 $309,200 $155,900 $153,300
2015 $3,299 $309,200 $155,900 $153,300
2014 $3,260 $270,300 $132,500 $137,800
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Donna Prescott

    New England Properties

    Section Image

  • R

    Buyer's Agent in 2019

    Robert Swift

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Map

Source: State-Wide MLS

MLS Number: 1231706

State-Wide MLS

APN: NEWP-000039-000000-000094

Rhode Island Newport County Newport 02840 Fifth Ward

3 Potter St, Newport, RI

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