NOT LISTED FOR SALE

3 Sharon Ct Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $931,560 - $1,072,000

2 Beds
1 Bath
1,280 Sq Ft
$775/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $525,000 $410 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,804/month

About This Home

As of March 2018

Summertime...and the livin' is easy! Location, location, location, this is where you want to be this summer located just off Thames Street steps away from dining, shopping and night life. Enjoy all that Newport has to offer in this charming, fully furnished 2 bedroom unit which sleeps 6, featuring an open kitchen living concept. Furnishings include two full sized beds, a sleeper sofa, stainless steel appliances, fully equipped kitchen and linens. For outdoor entertaining there is a love seat, chairs and coffee table on the patio along with a grill and dining table. Tucked away on a quiet street your summer oasis includes 2 off-street parking spots and is located steps to the water. August is still available! Come enjoy Summer 2018 in Newport!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Mar 14, 2018
Sold by
Alves Kenneth J
Bought by
Morelli Jarred L
Seller's Agent
Ryan Hazinakis
Keller Williams Coastal
Buyer's Agent
Tracie Hall
Keller Williams Coastal
List Price
$619,000
Sold Price
$525,000
Premium/Discount to List
-$94,000
-15.19%
Current Estimated Value
$991,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,890
Avg. Annual Appreciation
9.21%
Original Mortgage
$507,478
Interest Rate
4.22%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 28, 2012
Closed on
May 18, 2012
Sold by
Pine Emily R Est
Bought by
Alves Kenneth J
Seller's Agent
John Silvia
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$169,000
Sold Price
$175,000
Premium/Discount to List
$6,000
3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.78%
Original Mortgage
$250,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Morelli Jarred L $525,000 --
Alves Kenneth J $175,000 --
Alves Kenneth J $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrelli Jarrad L $489,000
Closed Morelli Jarred L $507,478
Previous Owner Alves Kenneth J $280,000
Previous Owner Alves Kenneth J $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2018 07/19/18 Rented $3,500 -16.7% --
06/19/2018 06/19/18 Under Contract -- -- --
04/07/2018 04/07/18 For Rent $4,200 0.0% --
03/14/2018 03/14/18 Sold $525,000 -15.2% $306 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
10/27/2017 10/27/17 For Sale $619,000 +253.7% $361 / Sq Ft
05/18/2012 05/18/12 Sold $175,000 +3.6% $132 / Sq Ft
04/18/2012 04/18/12 Pending -- -- --
03/28/2012 03/28/12 For Sale $169,000 -- $127 / Sq Ft

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 $6,481 $788,500 $347,800 $440,700
2023 $5,033 $507,400 $227,300 $280,100
2022 $4,876 $507,400 $227,300 $280,100
2021 $4,734 $507,400 $227,300 $280,100
2020 $4,255 $413,900 $217,700 $196,200
2019 $4,255 $413,900 $217,700 $196,200
2018 $4,135 $413,900 $217,700 $196,200
2017 $3,674 $327,700 $155,700 $172,000
2016 $3,582 $327,700 $155,700 $172,000
2015 $3,497 $327,700 $155,700 $172,000
2014 $3,425 $284,000 $132,300 $151,700
Source: Public Records

Agents Affiliated with this Home

  • Tracie Hall

    Seller's Agent in 2018

    Tracie Hall

    Keller Williams Coastal

    (401) 602-5162

    1 in this area

    91 Total Sales

    Tracie Hall
    Section Image
  • Ryan Hazinakis

    Seller's Agent in 2018

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    7 in this area

    147 Total Sales

    Ryan Hazinakis
    Section Image
  • Kylie Mccollough

    Buyer's Agent in 2018

    Kylie Mccollough

    Mott & Chace Sotheby's Intl.

    (401) 864-8830

    1 in this area

    44 Total Sales

    Kylie Mccollough
    Section Image
  • John Silvia

    Seller's Agent in 2012

    John Silvia

    RE/MAX Profnl. Newport, Inc.

    24 Total Sales

    John Silvia
    Section Image

  • N

    Buyer's Agent in 2012

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Rhode Island Newport County Newport 02840 Fifth Ward

3 Sharon Ct, Newport, RI

This home is located at 3 Sharon Ct, Newport, RI 02840 and is currently estimated at $991,890, approximately $774 per square foot. 3 Sharon Ct 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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