$421,000 - $625,000
RENTED JAN 15, 2025

5 Clinton Ave Unit 2 Newport, RI 02840

2 Beds
1 Bath
1,036 Sq Ft
$463 Price per Sq Ft

Last Sold June 11, 2021

Last sale price $301,000 $291 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,844/month

About This Home

As of June 2021

Step inside this tasteful abode and be greeted by a spacious living area with hardwood floors, large windows that flood the space with natural light. The fully equipped kitchen boasts white appliances, granite countertops, and ample cabinet space, making it a dream for any home chef.

The bedrooms are generously sized and offer ample closet space, and serene views of the surrounding neighborhood.

Outside, you'll find a private backyard oasis, perfect for enjoying your morning coffee. Additionally, there is off-street parking available for your convenience.

Located in the heart of Newport, this rental is just a stone's throw away from the city's best restaurants, shops, and attractions. Whether you're looking to explore the historic sites, relax on the beach, or simply soak in the beauty of Newport Harbor, this property offers the perfect home base for your stay.

This is an annual rental available 4/1/25.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
Jun 11, 2021
Sold by
Herne Megan M
Bought by
Timms Ashley L
Seller's Agent
William Parker Sizeland
Compass / Lila Delman Compass
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$299,000
Sold Price
$301,000
Premium/Discount to List
$2,000
0.67%
Current Estimated Value
$479,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,536
Avg. Annual Appreciation
10.52%
Original Mortgage
$240,800
Outstanding Balance
$220,374
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$227,336

Purchase Details

Listed on
Oct 28, 2015
Closed on
Jan 22, 2016
Sold by
Vetovis Jason S
Bought by
Herne Megan M
Seller's Agent
Anna Anton
William Raveis Inspire
Buyer's Agent
William Parker Sizeland
Compass / Lila Delman Compass
List Price
$179,900
Sold Price
$177,000
Premium/Discount to List
-$2,900
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$171,690
Interest Rate
3.98%

Purchase Details

Closed on
Jan 3, 2002
Sold by
Shea Daniel J and Shea Karen P
Bought by
Vetovis Jason S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,425
Interest Rate
6.72%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Timms Ashley L $301,000 None Available
Herne Megan M $177,000 --
Vetovis Jason S $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Timms Ashley L $240,800
Previous Owner Herne Megan M $180,000
Previous Owner Herne Megan M $171,690
Previous Owner Herne Megan M $5,310
Previous Owner Vetovis Jason S $99,425
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2025 01/15/25 Rented $2,600 0.0% --
08/19/2024 08/19/24 For Rent $2,600 0.0% --
06/11/2021 06/11/21 Sold $301,000 +0.7% $291 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $299,000 0.0% $289 / Sq Ft
02/03/2020 02/03/20 For Rent $1,550 +6.9% --
02/03/2020 02/03/20 Rented $1,450 0.0% --
01/21/2016 01/21/16 Sold $177,000 -1.6% $145 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
10/28/2015 10/28/15 For Sale $179,900 -- $148 / Sq Ft

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 $1,924 $276,100 $0 $276,100
2023 $1,841 $185,600 $0 $185,600
2022 $1,784 $185,600 $0 $185,600
2021 $1,732 $185,600 $0 $185,600
2020 $1,693 $164,700 $0 $164,700
2019 $1,693 $164,700 $0 $164,700
2018 $1,645 $164,700 $0 $164,700
2017 $2,020 $180,200 $0 $180,200
2016 $1,970 $180,200 $0 $180,200
2015 $1,923 $180,200 $0 $180,200
2014 $1,997 $165,600 $0 $165,600
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2025

    Christopher Walker

    William Raveis Inspire

    (401) 207-3970

    1 in this area

    15 Total Sales

    Christopher Walker
    Section Image
  • Arthur Chapman

    Seller Co-Listing Agent in 2025

    Arthur Chapman

    William Raveis Inspire

    (401) 640-0807

    7 in this area

    61 Total Sales

    Arthur Chapman
    Section Image
  • William Parker Sizeland

    Seller's Agent in 2021

    William Parker Sizeland

    Compass / Lila Delman Compass

    (401) 862-7428

    9 in this area

    90 Total Sales

    William Parker Sizeland
    Section Image
  • Joe Fitzpatrick

    Buyer's Agent in 2021

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    64 in this area

    680 Total Sales

    Joe Fitzpatrick
    Section Image
  • Shana Speer

    Seller's Agent in 2020

    Shana Speer

    Gustave White Sotheby's Realty

    (401) 339-9685

    3 in this area

    66 Total Sales

    Shana Speer
    Section Image
  • Anna Anton

    Seller's Agent in 2016

    Anna Anton

    William Raveis Inspire

    (401) 935-1862

    1 in this area

    17 Total Sales

    Anna Anton
    Section Image
See All Agents

Map

Rhode Island Newport County Newport 02840

5 Clinton Ave Unit 2, Newport, RI

This home is located at 5 Clinton Ave Unit 2, Newport, RI 02840 and is currently estimated at $479,536, approximately $462 per square foot. 5 Clinton Ave Unit 2 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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