NOT LISTED FOR SALE

5 Carey St Unit 1 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,106,000 - $1,458,000

4 Beds
2 Baths
1,400 Sq Ft
$964/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Recreation Facilities
  • Thermal Windows
  • No HOA
  • Walking Distance to Water
  • 5-minute walk to Spencer Park

About This Home

As of November 2021

12 month lease. Unfurnished. Not a winter rental. Available October 1, 2025

This apartment is in very good condition. Wood floors throughout. First floor. High ceilings. Victorian charm. Four bedrooms. Two full bathrooms. Nice kitchen. Good storage. Easy street parking. Free dedicated washer/dryer in basement. Pets negotiable

Quiet street in 5th ward, but only a few steps to lower Thames St or Spring St. Walk to everything. Quiet neighborhood, quiet house. Owner lives in upstairs apt.

Last Agent to Rent the Property

William Parker Sizeland

Lila Delman Compass License #REB.0014586 Listed on: 09/15/2021

Lila Delman Compass

Last Renter's Agent

William Parker Sizeland

Lila Delman Compass License #Res.0045143

Lila Delman Compass

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,664

Year Built

  • Built in 1900

Lot Details

  • 4,008

Home Design

  • Entry on the 1st floor
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,400 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 9/15/21
  • 12 Month Lease Term
  • Assessor Parcel Number 5CAREYST1NEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fifth Ward Subdivision

Amenities

  • Shops

Recreation

  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,664

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2021-09-15

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 1400.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1400.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding
  • Exterior Features: Patio
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Recreation Area, Shopping
  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Sewer, Water
  • Association: No
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes

Lot Info

  • Parcel #: 5CAREYST1NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2018
Sold by
Nri 5 Carey Partnership
Bought by
Gullison John R
Total Days on Market
32
Current Estimated Value
$1,349,456

Purchase Details

Closed on
May 31, 2005
Sold by
Mcguire Sheila and Gallagher Marjorie A
Bought by
Gullison John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Gullison John R -- --
Gullison John R $505,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gullison John R $3,730,000
Previous Owner Gullison John R $0
Previous Owner Gullison John R $404,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Off Market $3,750 -- --
08/02/2025 08/02/25 Price Changed $3,750 -2.6% $3 / Sq Ft
07/21/2025 07/21/25 For Rent $3,850 +28.3% --
11/17/2021 11/17/21 Rented $3,000 0.0% --
10/18/2021 10/18/21 Under Contract -- -- --
09/15/2021 09/15/21 For Rent $3,000 -- --
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
2025 $7,664 $1,067,400 $395,000 $672,400
2024 $8,774 $1,067,400 $395,000 $672,400
2023 $6,772 $682,700 $258,200 $424,500
2022 $6,561 $682,700 $258,200 $424,500
2021 $6,370 $682,700 $258,200 $424,500
2020 $5,790 $563,200 $221,500 $341,700
2019 $5,790 $563,200 $221,500 $341,700
2018 $5,626 $563,200 $221,500 $341,700
2017 $4,829 $430,800 $158,400 $272,400
2016 $4,709 $430,800 $158,400 $272,400
2015 $4,597 $430,800 $158,400 $272,400
2014 $4,523 $375,000 $134,600 $240,400
Source: Public Records

Agents Affiliated with this Home

  • William Parker Sizeland

    Landlord's Agent in 2021

    William Parker Sizeland

    Lila Delman Compass

    (401) 862-7428

    12 in this area

    85 Total Sales

    William Parker Sizeland
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Map

Source: State-Wide MLS

MLS Number: 1293681

State-Wide MLS

APN: NEWP-000040-000000-000063

Rhode Island Newport County Newport 02840 Fifth Ward

5 Carey St Unit 1, Newport, RI

This home is located at 5 Carey St Unit 1, Newport, RI 02840 since 15 September 2021 and is currently priced at $1,349,456. This property was built in 1900. 5 Carey St Unit 1 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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