NOT LISTED FOR SALE

Estimated Value: $861,430 - $993,000

2 Beds
2 Baths
1,266 Sq Ft
$730/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $450,000 $355 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,738/month

36 Days on Market

Highlights

  • Wood Burning Stove
  • Tennis Courts
  • Walking Distance to Water
  • Wood Flooring
  • Cottage
  • 4-minute walk to Aquidneck Park

About This Home

As of May 2016

CHARMIMG NEWPORT COTTAGE IN EXCELLENT CONDITION.LOCATED IN THE HEART OF THE YACHTING VILLAGE.PERFECT AS A CONDO ALTERNATIVE.2 BEDROOMS,2 FULL BATHS.PATIO.CENTRAL AIR.OFF-STREET PARKING.VINYL SIDING.MINUTES TO DOWNTOWN NEWPORT AND BELLEVUE AVENUE.

Last Agent to Sell the Property

Terrence Toppa

RE/MAX Profnl. Newport, Inc. License #REB.0014821 Listed on: 03/14/2016

Last Buyer's Agent

Anne Northup Burns

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,446

Year Built

  • Built in 1900

Lot Details

  • 1,967 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,266 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Outdoor Grill

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 143
  • Assessor Parcel Number 35EXTENSIONSTNEWP

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Yachting Village Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,446

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0452
  • Subdivision Name: YACHTING VILLAGE
  • Above Grade Finished Sq Ft: 1266.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV, Wood Burning Stove
  • Living Area: 1266.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Patio, Barbecue, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • 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

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1967.0
  • Parcel #: 35EXTENSIONSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3446.0
  • Tax Lot: 143
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2016
Closed on
May 20, 2016
Sold by
Gerardi John and Gerardi Margaret B
Bought by
Gale Shawn M
Seller's Agent
Terrence Toppa
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Anne Northup Burns
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%
Total Days on Market
36
Current Estimated Value
$924,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,358
Avg. Annual Appreciation
8.13%
Original Mortgage
$360,000
Outstanding Balance
$171,666
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$739,620

Purchase Details

Closed on
Jan 9, 2009
Sold by
Herman Brad J
Bought by
Gerardi John and Gerardi Margaret

Purchase Details

Closed on
May 2, 2006
Sold by
Okeefe Patrick
Bought by
Herman Brad
Source: Public Records

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Range of Values:

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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
Gale Shawn M $450,000 --
Gerardi John $450,000 --
Herman Brad $354,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gale Shawn M $360,000
Previous Owner Okeefe Patrick $185,000
Previous Owner Okeefe Patrick $185,000
Previous Owner Okeefe Patrick $423,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $450,000 -4.1% $355 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $469,000 -- $370 / 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 $6,770 $823,600 $337,800 $485,800
2023 $5,367 $541,000 $220,900 $320,100
2022 $5,199 $541,000 $220,900 $320,100
2021 $5,048 $541,000 $220,900 $320,100
2020 $4,226 $411,100 $216,900 $194,200
2019 $4,226 $411,100 $216,900 $194,200
2018 $4,107 $411,100 $216,900 $194,200
2017 $3,621 $323,000 $155,100 $167,900
2016 $3,530 $323,000 $155,100 $167,900
2015 $3,446 $323,000 $155,100 $167,900
2014 $3,534 $293,000 $131,900 $161,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1120145

State-Wide MLS

APN: NEWP-000032-000000-000143