NOT LISTED FOR SALE

5 Linden Gate Ln Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $2,678,000 - $3,399,000

3 Beds
3.5 Baths
3,053 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $825,000 $270 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $18,090/month

234 Days on Market

Highlights

  • Newly Remodeled
  • Marble Flooring
  • Walking Distance to Water
  • Contemporary Architecture
  • 1 Fireplace
  • Thermal Windows

About This Home

As of November 2012

Contemporary style home with new JenAir s/s appliances; 1/2 acre lot with specimen trees, enclosed with new fencing. Great Room with wall of windows for sophisticated modern life style. Kingsized first floor master bedroom suite with walk in closet

Last Agent to Sell the Property

Michelle Drum

Gustave White Sotheby's Realty License #REB.0013061 Listed on: 02/23/2012

Gustave White Sotheby's Realty

Last Buyer's Agent

Jennifer Pierik

Jamestown Real Estate LLC License #REB.0016763

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994 | Newly Remodeled

Lot Details

  • 0.5 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Property is zoned R-20

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,053 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range with Range Hood
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Breezeway

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Off Rhode Island Ave. Subdivision
  • Shops

Listing and Financial Details

  • Tax Lot 168
  • Assessor Parcel Number 5LINDENGATELANENEWP

Home Details

Home Type

Single Family

Year Built

Built in 1994 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: OFF RHODE ISLAND AVE.
  • Above Grade Finished Sq Ft: 3053.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built: 1994
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Dryer, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Range Hood, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Marble, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 3053.0
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Breezeway, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 5LINDENGATELANENEWP
  • Zoning: R-20

Tax Info

  • Tax Annual Amount: 80336.0
  • Tax Lot: 168
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Nov 15, 2012
Sold by
Scheck Christopher and Lee Jennifer S
Bought by
Cohen Marsha R
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
Jennifer Pierik
Jamestown Real Estate LLC
List Price
$895,000
Sold Price
$825,000
Premium/Discount to List
-$70,000
-7.82%
Current Estimated Value
$3,111,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,286,413
Avg. Annual Appreciation
10.73%
Original Mortgage
$417,000
Outstanding Balance
$288,155
Interest Rate
3.39%
Mortgage Type
New Conventional
Estimated Equity
$2,823,258
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cohen Marsha R $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Marsha R $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $825,000 -7.8% $270 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
02/23/2012 02/23/12 For Sale $895,000 -- $293 / 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
2025 $20,485 $2,357,600 $924,800 $1,432,800
2024 $19,379 $2,357,600 $924,800 $1,432,800
2023 $15,503 $1,562,800 $574,400 $988,400
2022 $15,019 $1,562,800 $574,400 $988,400
2021 $14,581 $1,562,800 $574,400 $988,400
2020 $14,621 $1,422,300 $605,900 $816,400
2019 $14,621 $1,422,300 $605,900 $816,400
2018 $14,209 $1,422,300 $605,900 $816,400
2017 $13,557 $1,209,400 $466,000 $743,400
2016 $13,219 $1,209,400 $466,000 $743,400
2015 $12,904 $1,209,400 $466,000 $743,400
2014 $11,685 $968,900 $405,200 $563,700
Source: Public Records

Agents Affiliated with this Home

  • Michelle Drum

    Seller's Agent in 2012

    Michelle Drum

    Gustave White Sotheby's Realty

    (401) 265-3423

    4 in this area

    71 Total Sales

    Michelle Drum
    Section Image

  • J

    Buyer's Agent in 2012

    Jennifer Pierik

    Jamestown Real Estate LLC

    (401) 743-3682

    19 Total Sales

    Jennifer Pierik
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1010911

State-Wide MLS

APN: NEWP-000023-000000-000168

Rhode Island Newport County Newport 02840 Old Beach

5 Linden Gate Ln, Newport, RI

Not Listed for Sale

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