$212,000
SOLD MAR 8, 2012

5 Dean Ave Newport, RI 02840

Fifth Ward Neighborhood
4 Beds
2 Baths
1,413 Sq Ft
1,306 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

3% Above List Price

6 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Wood Siding

About This Home

As of June 2018

Great opportunity. Located just off of Thames St.

Last Agent to Sell the Property

The Storm Team

Start Realty Listed on: 01/31/2012

Last Buyer's Agent

Donna Prescott

New England Properties License #RES.0026572

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,583

Year Built

  • Built in 1900

Lot Details

  • 1,306 Sq Ft Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1,413 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

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

Community Details

  • 2 Units
  • Yachting Village Subdivision

Listing and Financial Details

  • Tax Lot 173
  • Assessor Parcel Number 5DEANAVNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,583

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.03
  • Subdivision Name: YACHTING VILLAGE
  • Above Grade Finished Sq Ft: 1413.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: RealEstateOwned

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1413.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding

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
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 1306.0
  • Parcel #: 5DEANAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2583.0
  • Tax Lot: 173
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2019
Sold by
Lake Michael E and Lake Hale V
Bought by
5 Dean Avenue Llc
Total Days on Market
6
Current Estimated Value
$928,293

Purchase Details

Listed on
May 9, 2018
Closed on
Jun 29, 2018
Sold by
Summer Wind Properties
Bought by
Lake Michael and Lake Hale
Seller's Agent
Donna Prescott
New England Properties
Buyer's Agent
William O'Hanley
BHHS Commonwealth Real Estate
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$405,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2012
Closed on
Mar 6, 2012
Sold by
Gmac Mortgage Llc
Bought by
Summer Wind Props Of N
Seller's Agent
The Storm Team
Start Realty
Buyer's Agent
Donna Prescott
New England Properties
List Price
$205,000
Sold Price
$212,000
Premium/Discount to List
$7,000
3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%

Purchase Details

Closed on
Mar 3, 2011
Sold by
Fitzpatrick Joseph E
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Feb 6, 2006
Sold by
Janson Julie F and Janson Joseph
Bought by
Fitzpatrick Joseph E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.31%
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 Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $540,000 --
Not Resolvable $212,000 --
Foreclosure Deed $234,000 --
Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $403,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $405,000 New Conventional
Previous Owner $243,700 No Value Available
Previous Owner $49,500 No Value Available
Previous Owner $316,000 Purchase Money Mortgage
Previous Owner $178,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $540,000 +2.1% $244 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $529,000 +149.5% $239 / Sq Ft
03/08/2012 03/08/12 Sold $212,000 +3.4% $150 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $205,000 -- $145 / 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 $6,553 $797,200 $319,100 $478,100
2023 $5,093 $513,400 $208,600 $304,800
2022 $4,934 $513,400 $208,600 $304,800
2021 $4,790 $513,400 $208,600 $304,800
2020 $4,406 $428,600 $215,300 $213,300
2019 $4,406 $428,600 $215,300 $213,300
2018 $4,282 $428,600 $215,300 $213,300
2017 $3,824 $341,100 $154,100 $187,000
2016 $3,728 $341,100 $154,100 $187,000
2015 $3,640 $341,100 $154,100 $187,000
2014 $3,717 $308,200 $131,000 $177,200
Source: Public Records

Agents Affiliated with this Home

  • Donna Prescott

    Seller's Agent in 2018

    Donna Prescott

    New England Properties

    (401) 339-5000

    6 Total Sales

    Donna Prescott
    Section Image

  • W

    Buyer's Agent in 2018

    William O'Hanley

    BHHS Commonwealth Real Estate

  • T

    Seller's Agent in 2012

    The Storm Team

    Start Realty

    (401) 952-8700

    74 Total Sales

    The Storm Team
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1009377

State-Wide MLS

APN: NEWP-000035-000000-000173

Rhode Island Newport County Newport 02840 Fifth Ward

5 Dean Ave, Newport, RI

This home is located at 5 Dean Ave, Newport, RI 02840 and is currently priced at $212,000, approximately $150 per square foot. This property was built in 1900. 5 Dean Ave 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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