$175,000
SOLD MAY 18, 2012

3 Sharon Ct Newport, RI 02840

Fifth Ward Neighborhood
3 Beds
2 Baths
1,329 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

4% Above List Price

20 Days on Market

Highlights

  • Wood Flooring
  • Tankless Water Heater
  • Baseboard Heating
  • Storm Windows
  • Shops
  • 3-minute walk to Spencer Park

About This Home

As of March 2018

TWO FAMILY LOCATED IN FIFTH WARD/YACHTING VILLAGE TO BE SOLD IN " AS IS " CONDITION. OFFSTREET PARKING FOR 2 CARS. NEEDS WORK. ESTATE SALE

Last Agent to Sell the Property

John Silvia

RE/MAX Profnl. Newport, Inc. License #REB.0011287 Listed on: 03/28/2012

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,652

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot

Home Design

  • Fixer Upper
  • Wood Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,329 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 403
  • Assessor Parcel Number 3SHARONCTNEWP

Community Details

Overview

  • 2 Units
  • Fifth Ward/Yachting Vi Subdivision

Amenities

  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,652

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.05
  • Subdivision Name: FIFTH WARD/YACHTING VI
  • Above Grade Finished Sq Ft: 1329.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Wood
  • Interior Amenities: Cable TV
  • Living Area: 1329.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Fixer

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Individual, Oil
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2178.0
  • Parcel #: 3SHARONCTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2652.0
  • Tax Lot: 403
  • Tax Year: 2011

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%
Total Days on Market
20
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:

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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 Type Sale Price Title Company
Warranty Deed $525,000 --
Warranty Deed $175,000 --
Warranty Deed $175,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $489,000 Stand Alone Refi Refinance Of Original Loan
Closed $507,478 FHA
Previous Owner $280,000 No Value Available
Previous Owner $250,000 New Conventional
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
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 $6,481 $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

Source: State-Wide MLS

MLS Number: 1013542

State-Wide MLS

APN: NEWP-000039-000000-000403

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 priced at $175,000, approximately $131 per square foot. This property was built in 1900. 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.

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