NOT LISTED FOR SALE

4 Training Station Rd Newport, RI 02840

North End Commercial Neighborhood

Estimated Value: $1,301,000 - $2,189,000

5 Beds
3 Baths
3,248 Sq Ft
$596/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $465,000 $143 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $11,658/month

345 Days on Market

Highlights

  • Water Views
  • Colonial Architecture
  • Wood Flooring
  • 0.38 Acre Lot
  • Deck
  • Attic

About This Home

As of March 2013

1803 WEAVER-FRANKLIN HOUSE OFFERS OUTSTANDING DETAILS, WIDE PLANK FLOORS, GORGEOUS DINING ROOM, FIREPLACED LIVING ROOM, MASTER BEDROOM WITH SITTING ROOM & BATH, NEARLY ½ ACRE WITH MATURE TREES & HARBOR VIEWS,LARGE DECK + 2 CAR GARAGE.

Last Agent to Sell the Property

Elena Wilcox

Gustave White Sotheby's Realty License #RES.0026687 Listed on: 03/04/2012

Gustave White Sotheby's Realty

Last Buyer's Agent

Bridgette Soby

Mott & Chace Sotheby's Intl. License #RES.0029660

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,116

Year Built

  • Built in 1803

Lot Details

  • 0.38 Acre Lot
  • Fenced
  • Property is zoned R-10

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,248 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Permanent Attic Stairs
  • Storm Windows

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 4TRAININGSTATIONRDNEWP

Community Details

Recreation

  • Tennis Courts

Additional Features

  • Newport Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,116

Year Built

Built in 1803

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3838
  • Subdivision Name: NEWPORT
  • Above Grade Finished Sq Ft: 3248.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1803
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Attic, Permanent Attic Stairs, Cable TV
  • Living Area: 3248.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 16720.0
  • Parcel #: 4TRAININGSTATIONRDNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6116.0
  • Tax Lot: 44
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2014
Sold by
Otorowski Christopher L
Bought by
Otorowski Christopher L and Otorowski Shawn E
Current Estimated Value
$1,936,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Outstanding Balance
$122,352
Interest Rate
4.32%
Estimated Equity
$1,713,626

Purchase Details

Listed on
Mar 4, 2012
Closed on
Mar 15, 2013
Sold by
White Michael D
Bought by
Otorowski Christopher L
Seller's Agent
Elena Wilcox
Gustave White Sotheby's Realty
Buyer's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
List Price
$559,000
Sold Price
$465,000
Premium/Discount to List
-$94,000
-16.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$348,750
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2001
Sold by
Sherman Patricia C
Bought by
Schreder Michael S
Source: Public Records

Range of Values:

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Average Value
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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
Otorowski Christopher L -- --
Otorowski Christopher L $465,000 --
Schreder Michael S $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Patricia $375,000
Previous Owner Sherman Patricia $348,750
Previous Owner Sherman Patricia $348,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2013 03/15/13 Sold $465,000 -16.8% $143 / Sq Ft
02/13/2013 02/13/13 Pending -- -- --
03/04/2012 03/04/12 For Sale $559,000 -- $172 / 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 $11,206 $1,363,200 $443,100 $920,100
2023 $8,856 $892,700 $287,300 $605,400
2022 $8,579 $892,700 $287,300 $605,400
2021 $8,329 $892,700 $287,300 $605,400
2020 $7,856 $764,200 $267,300 $496,900
2019 $7,856 $764,200 $267,300 $496,900
2018 $7,634 $764,200 $267,300 $496,900
2017 $7,280 $649,400 $219,500 $429,900
2016 $7,098 $649,400 $219,500 $429,900
2015 $6,929 $649,400 $219,500 $429,900
2014 $7,050 $584,600 $147,300 $437,300
Source: Public Records

Agents Affiliated with this Home

  • Elena Wilcox

    Seller's Agent in 2013

    Elena Wilcox

    Gustave White Sotheby's Realty

    (401) 662-0604

    34 Total Sales

    Elena Wilcox
    Section Image
  • Bridgette Soby

    Buyer's Agent in 2013

    Bridgette Soby

    Mott & Chace Sotheby's Intl.

    (401) 662-7969

    1 in this area

    112 Total Sales

    Bridgette Soby
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1011603

State-Wide MLS

APN: NEWP-000004-000000-000044

Rhode Island Newport County Newport 02840 North End Commercial

4 Training Station Rd, Newport, RI

This home is located at 4 Training Station Rd, Newport, RI 02840 since 04 March 2012 and is currently estimated at $1,936,134, approximately $596 per square foot. This property was built in 1803. 4 Training Station Rd is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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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