NOT LISTED FOR SALE

5 Newport Ave Newport, RI 02840

Estimated Value: $974,000 - $1,577,115

4 Beds
2.5 Baths
2,477 Sq Ft
$517/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $575,000 $232 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $7,794/month

About This Home

As of August 2016

Large four bedroom victorian home available for rent from September 6, 2016 through May 26, 2017. Home features include floor to ceiling windows, hardwoods floors, a glass conservatory and beautiful gardens.

Last Agent to Rent the Property

Chad Kritzas

HomeSmart Professionals Listed on: 06/13/2016

Last Renter's Agent

Chad Kritzas

HomeSmart Professionals Listed on: 06/13/2016

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1875

Lot Details

  • 4,930 Sq Ft Lot

Interior Spaces

  • 2,477 Sq Ft Home
  • 2-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 1 Parking Space
  • No Garage

Listing and Financial Details

  • Property Available on 9/6/16
  • Month-to-Month Lease Term
  • Assessor Parcel Number 5NEWPORTAVNEWP

Home Details

Home Type

Single Family

Year Built

Built in 1875

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2016-09-06
  • Security Deposit: 2400.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.1132
  • Above Grade Finished Sq Ft: 2477.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1875
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2477.0

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Lot Size Sq Ft: 4930.0
  • Parcel #: 5NEWPORTAVNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5212.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
May 16, 2016
Sold by
Lebaron Jeffrey T and Labaron Margaret N
Bought by
Eisenberg Steven and Eisenberg Susan N
Seller's Agent
Annie Becker
Lila Delman Compass
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$635,000
Sold Price
$575,000
Premium/Discount to List
-$60,000
-9.45%
Current Estimated Value
$1,280,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,779
Avg. Annual Appreciation
9.03%
Original Mortgage
$325,000
Outstanding Balance
$153,817
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,127,788

Purchase Details

Closed on
Jun 30, 2008
Sold by
Smith Derek L and Smith Ellen
Bought by
Lebanon Jeffrey and Lebanon Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2002
Sold by
Jordan Cassandra A
Bought by
Petro-Smith Ellen B and Smith Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 16, 1994
Sold by
Loescher Michael and Loescher Christina
Bought by
Marshall Elizabeth G and Desmond Susan M
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
Eisenberg Steven $575,000 --
Lebanon Jeffrey $600,500 --
Petro-Smith Ellen B $390,000 --
Marshall Elizabeth G $129,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eisenberg Steven $325,000
Previous Owner Marshall Elizabeth G $372,000
Previous Owner Marshall Elizabeth G $299,500
Previous Owner Marshall Elizabeth G $300,000
Previous Owner Marshall Elizabeth G $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Rented $2,600 +8.3% --
07/10/2016 07/10/16 Under Contract -- -- --
06/13/2016 06/13/16 For Rent $2,400 0.0% --
05/16/2016 05/16/16 Sold $575,000 -9.4% $232 / Sq Ft
04/16/2016 04/16/16 Pending -- -- --
06/11/2015 06/11/15 For Sale $635,000 -- $256 / 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 $9,788 $1,190,700 $198,400 $992,300
2023 $7,705 $776,700 $128,600 $648,100
2022 $7,464 $776,700 $128,600 $648,100
2021 $7,247 $776,700 $128,600 $648,100
2020 $6,160 $599,200 $98,700 $500,500
2019 $6,160 $599,200 $98,700 $500,500
2018 $5,986 $599,200 $98,700 $500,500
2017 $5,476 $488,500 $75,900 $412,600
2016 $5,339 $488,500 $75,900 $412,600
2015 $5,212 $488,500 $75,900 $412,600
2014 $5,849 $485,000 $68,000 $417,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Kritzas

    Landlord's Agent in 2016

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    8 in this area

    219 Total Sales

    Section Image
  • Annie Becker

    Seller's Agent in 2016

    Annie Becker

    Lila Delman Compass

    (401) 855-1127

    6 in this area

    38 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1128768

State-Wide MLS

APN: NEWP-000014-000026-000004

Rhode Island Newport County Newport 02840

5 Newport Ave, Newport, RI

This home is located at 5 Newport Ave, Newport, RI 02840 since 13 June 2016 and is currently priced at $1,280,779. This property was built in 1875. 5 Newport Ave 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.

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