NOT LISTED FOR SALE

42 Bateman Ave Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,291,000 - $1,486,000

3 Beds
1.5 Baths
1,728 Sq Ft
$802/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,179,000 $682 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,208/month

6 Days on Market

Highlights

  • Golf Course Community
  • Cape Cod Architecture
  • Wood Flooring
  • 0.7 Acre Lot
  • Deck
  • Tennis Courts

About This Home

As of May 2023

Nestled in the Fifth Ward, this lovely Cape is set on 3/4 of an acre abutting Morton Park. It features 3 bedrooms (2 upstairs and 1 down), 1.5 baths, an eat-in kitchen with newer appliances, light-filled open living room and dining room, a fireplace with custom mantle built by the original owner who was a master cabinet maker, deck perfect for relaxing and entertaining, 2 car garage, gleaming hardwoods, All-House Generac generator, 6 year old high efficiency Navien combination furnace, and so much more. The half bath has the potential to be expanded into a full bath. Having only had 2 owners, this home has been meticulously cared for and is move-in ready, just add your touches! Just minutes to Bellevue Ave shopping and conveniences, Gooseberry, Hazards, and Bailey's beaches, Ocean Drive, Fort Adams, Ida Lewis, New York Yacht Club, and King Park for the summer concerts.

Last Agent to Sell the Property

Meredith LeBlanc

Hogan Associates Christie's Brokerage Phone: 401-935-5706 License #RES.0040965 Listed on: 03/31/2023

Last Buyer's Agent

Belinda Nattress

Keller Williams Coastal License #RES.0028962

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,125

Year Built

  • Built in 1956

Lot Details

  • 0.7 Acre Lot
  • Paved or Partially Paved Lot
  • Property is zoned R10A

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,728 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Fireplace Features Masonry
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Deck

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • TV Antenna

Listing and Financial Details

  • Tax Lot 368
  • Assessor Parcel Number 42BATEMANAVNEWP

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts

Additional Features

  • Fifth Ward Subdivision
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,125

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.7033
  • Inclusions: Portable all house generator included in sale.
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 1728.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1956
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-935-5706
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower
  • Living Area: 1728.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Paved
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Deck, TV Antenna
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers, Generator
  • Sewer: Public Sewer
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Public Transportation, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 30637.0
  • Parcel #: 42BATEMANAVNEWP
  • Zoning: R10A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8125.0
  • Tax Lot: 368
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2023
Closed on
May 23, 2023
Sold by
Gorman Frelt and Gorman G
Bought by
Obrien Celia and Obrien Robert
Seller's Agent
Meredith LeBlanc
Hogan Associates Christie's
Buyer's Agent
Belinda Nattress
Keller Williams Coastal
List Price
$1,100,000
Sold Price
$1,179,000
Premium/Discount to List
$79,000
7.18%
Current Estimated Value
$1,385,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,303
Avg. Annual Appreciation
4.19%
Original Mortgage
$600,000
Outstanding Balance
$586,815
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$705,857

Purchase Details

Closed on
Jul 15, 2021
Sold by
Gorman Mark W
Bought by
Gorman Family Ret and Gorman

Purchase Details

Closed on
May 10, 2004
Sold by
Johnson Anne Marie
Bought by
Gorman Mark and Gorman Anne
Source: Public Records

Range of Values:

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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
Obrien Celia $1,179,000 None Available
Gorman Family Ret -- None Available
Gorman Mark $472,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Celia $600,000
Previous Owner Gorman Mark $150,000
Previous Owner Gorman Mark $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Sold $1,179,000 +7.2% $682 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $1,100,000 -- $637 / 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 $7,918 $1,136,000 $743,800 $392,200
2023 $8,387 $845,500 $598,400 $247,100
2022 $8,125 $845,500 $598,400 $247,100
2021 $7,889 $845,500 $598,400 $247,100
2020 $6,012 $584,800 $355,000 $229,800
2019 $6,012 $584,800 $355,000 $229,800
2018 $5,842 $584,800 $355,000 $229,800
2017 $5,423 $483,800 $254,000 $229,800
2016 $5,288 $483,800 $254,000 $229,800
2015 $5,162 $483,800 $254,000 $229,800
2014 $5,640 $467,700 $215,900 $251,800
Source: Public Records

Agents Affiliated with this Home

  • Meredith LeBlanc

    Seller's Agent in 2023

    Meredith LeBlanc

    Hogan Associates Christie's

    (401) 935-5706

    2 in this area

    17 Total Sales

    Section Image
  • Belinda Nattress

    Buyer's Agent in 2023

    Belinda Nattress

    Keller Williams Coastal

    (401) 487-2279

    1 in this area

    48 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1332337

State-Wide MLS

APN: NEWP-000040-000000-000368

Rhode Island Newport County Newport 02840 Fifth Ward

42 Bateman Ave, Newport, RI

This home is located at 42 Bateman Ave, Newport, RI 02840 since 31 March 2023 and is currently estimated at $1,385,303, approximately $801 per square foot. This property was built in 1956. 42 Bateman Ave 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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