NOT LISTED FOR SALE

5 Bayview Ave Newport, RI 02840

Estimated Value: $879,000 - $1,125,000

2 Beds
1 Bath
924 Sq Ft
$1,072/Sq Ft Est. Value

Last Sold January 07, 2020

Last sale price $32,500 $35 Per Sq Ft

Est. 2,948% increase in value since last sale

Current estimated payment $6,353/month

219 Days on Market

Highlights

  • Forced Air Heating System
  • 1-Story Property
  • 4-minute walk to Congdon Parks
  • Carpet

About This Home

As of January 2020

This home is located at 5 Bayview Ave, Newport, RI 02840 since 02 May 2019 and is currently estimated at $990,586, approximately $1,072 per square foot. This property was built in 1980. 5 Bayview 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.

Last Agent to Sell the Property

Brian Rodrigues

Keller Williams Leading Edge License #RES.0043870 Listed on: 05/02/2019

Last Buyer's Agent

Shana Speer

Gustave White Sotheby's Realty License #RES.0040721

Gustave White Sotheby's Realty

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $806

Year Built

  • Built in 1980

Lot Details

  • Land Lease

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Aluminum Siding

Interior Spaces

  • 924 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Kerosene
  • Heating System Uses Oil
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 515
  • Assessor Parcel Number 5BAYVIEWPKWYMDLT

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$806

Year Built

Built in 1980

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 924.0
  • Architectural Style: Manufactured Home
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1980
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 924.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Aluminum Siding
  • Foundation Details: Pillar/Post/Pier

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Forced Air, Kerosene, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: Yes
  • Parcel #: 5BAYVIEWPKWYMDLT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 805.75
  • Tax Lot: 515
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2019
Closed on
Jan 2, 2020
Sold by
Spoutingrock Llc
Bought by
Devine George R and Devine Theresa M
Seller's Agent
Brian Rodrigues
Keller Williams Leading Edge
Buyer's Agent
Shana Speer
Gustave White Sotheby's Realty
List Price
$59,000
Sold Price
$32,500
Premium/Discount to List
-$26,500
-44.92%
Total Days on Market
219
Current Estimated Value
$990,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$958,086
Avg. Annual Appreciation
88.07%
Original Mortgage
$100,700
Outstanding Balance
$90,078
Interest Rate
3.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$900,508

Purchase Details

Closed on
Apr 5, 2019
Sold by
Devine George R and Devine Theresa M
Bought by
Spoutingrock Llc

Purchase Details

Listed on
Sep 2, 2017
Closed on
Nov 3, 2017
Sold by
Greenman Linda D
Bought by
Devine George R and Devine Theresa M
Seller's Agent
Lisa morrison
Coldwell Banker Realty
Buyer's Agent
Lisa morrison
Coldwell Banker Realty
List Price
$370,000
Sold Price
$367,000
Premium/Discount to List
-$3,000
-0.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$275,250
Interest Rate
3.83%
Mortgage Type
New Conventional
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
Devine George R -- None Available
Spoutingrock Llc -- --
Devine George R $367,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devine George R $100,700
Previous Owner Devine George R $47,500
Previous Owner Devine George R $37,000
Previous Owner Devine George R $275,250
Previous Owner Greenman George W $325,220
Previous Owner Greenman George W $340,000
Previous Owner Greenman George W $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2020 01/07/20 Sold $32,500 -44.9% $35 / Sq Ft
12/08/2019 12/08/19 Pending -- -- --
05/02/2019 05/02/19 For Sale $59,000 -83.9% $64 / Sq Ft
11/03/2017 11/03/17 Sold $367,000 -0.8% $139 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $370,000 -- $140 / 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 $5,900 $717,800 $188,000 $529,800
2023 $4,523 $455,900 $121,900 $334,000
2022 $4,381 $455,900 $121,900 $334,000
2021 $4,254 $455,900 $121,900 $334,000
2020 $3,704 $360,300 $98,000 $262,300
2019 $3,704 $360,300 $98,000 $262,300
2018 $3,599 $360,300 $98,000 $262,300
2017 $3,420 $305,100 $75,300 $229,800
2016 $3,335 $305,100 $75,300 $229,800
2015 $3,255 $305,100 $75,300 $229,800
2014 $3,542 $293,700 $67,400 $226,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1222230

State-Wide MLS

APN: NEWP-000014-000000-000179