NOT LISTED FOR SALE

5 Congdon Ave Newport, RI 02840

Estimated Value: $790,000 - $911,496

3 Beds
2 Baths
1,778 Sq Ft
$487/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $395,000 $222 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,289/month

13 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Public Transportation
  • Cottage
  • Storage Room
  • Shops

About This Home

As of April 2017

Classic Newport Home! All the charm with quality and tasteful updates throughout. Updates include beautiful new kitchen with huge walk in pantry & gorgeous marble bathroom with oversized walk in shower. First floor includes den/office with propane stove. 2nd floor offers 3 bedrooms with nice closets, big landing and built in storage. Spiral stairs lead to a bonus 3rd floor that can be used for extra living space/master suite/ guest suite, etc. Off street parking and quaint back yard with wonderful stone work and raised vegetable gardens round out this quintessential piece of Newport!

Last Agent to Sell the Property

Jean Ingraham

Century 21 Topsail Realty License #REB.0011724 Listed on: 03/14/2017

Century 21 Topsail Realty

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,649

Year Built

  • Built in 1890

Lot Details

  • 3,250

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,778 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Satellite Dish

Additional Features

  • 3,250 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 5CongdonAVNEWP

Community Details

Overview

  • Van Zandt Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,649

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0746
  • Subdivision Name: Van Zandt
  • Above Grade Finished Sq Ft: 1778.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 1778.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Shingle Siding
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • 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, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3250.0
  • Parcel #: 5CongdonAVNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3649.0
  • Tax Lot: 97
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Apr 27, 2017
Sold by
Coleman Alfred E and Coleman Lori D
Bought by
Lynch John C
Seller's Agent
Jean Ingraham
Century 21 Topsail Realty
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%
Total Days on Market
13
Current Estimated Value
$866,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,374
Avg. Annual Appreciation
10.62%
Original Mortgage
$335,750
Outstanding Balance
$276,535
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$619,327

Purchase Details

Closed on
Mar 30, 1998
Sold by
Freitas Frank E and Freitas Frank
Bought by
Coleman Alfred E and Coleman Lori

Purchase Details

Closed on
Sep 24, 1997
Sold by
Sheehan Austin R and Sheehan Shirley
Bought by
Freitas Frank E and Freitas Frank
Source: Public Records

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Range of Values:

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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
Lynch John C $395,000 --
Coleman Alfred E $108,000 --
Freitas Frank E $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch John C $335,750
Previous Owner Freitas Frank E $252,000
Previous Owner Freitas Frank E $232,000
Previous Owner Freitas Frank E $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $395,000 -1.0% $222 / Sq Ft
03/28/2017 03/28/17 Pending -- -- --
03/14/2017 03/14/17 For Sale $399,000 -- $224 / 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 $5,115 $733,900 $176,100 $557,800
2023 $4,791 $483,000 $114,200 $368,800
2022 $4,642 $483,000 $114,200 $368,800
2021 $4,506 $483,000 $114,200 $368,800
2020 $3,931 $382,400 $97,100 $285,300
2019 $3,931 $382,400 $97,100 $285,300
2018 $3,820 $382,400 $97,100 $285,300
2017 $3,391 $302,500 $74,700 $227,800
2016 $3,306 $302,500 $74,700 $227,800
2015 $3,228 $302,500 $74,700 $227,800
2014 $3,444 $285,600 $66,800 $218,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1153966

State-Wide MLS

APN: NEWP-000013-000000-000097