Seller's Agent in 2022
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
60 in this area
699 Total Sales
5 Prescott Place Newport, RI 02840
Estimated Value: $668,000 - $761,000
2
Beds
1.5
Baths
996
Sq Ft
$735/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Cathedral Ceiling
- Recreation Facilities
- Deck
- Wood Flooring
- Walking Distance to Water
About This Home
As of June 2022Welcome to 5 Prescott Place: Just a half mile south, bike or walk to the start of Thames Street and some of Newport's best restaurants. Take a short ride of less than two miles east to 1st Beach and Bellevue Ave. The location, 2 off-street parking spots and a private fenced in yard on a quiet dead end street make this completely turnkey, fully renovated home the perfect alternative to a townhouse or condo for a convenient come and go lifestyle. Thoughtfully designed to maximize space and function, the first floor features a bright living room with a bay window and built-ins. The custom kitchen features new stainless appliances and a breakfast bar, open to the dining area with doors to the back deck, plus a half bath on this level. On the second level is an open landing perfect for a home office, with an additional loft space for extra storage. The main bedroom has vaulted ceilings and a walk-in closet with a California Closet System. The second bedroom and updated full bath finish the second floor. You'll love the beautiful hardwood floors throughout the home. The basement offers more storage and is protected by a DryZone basement sump system. Other updates include a new boiler, freshly painted interior, new plumbing from the basement to the street, custom fit blinds, and mini splits for heat and A/C. No detail was overlooked in this home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,331
Year Built
- Built in 1900
Lot Details
- 1,307 Sq Ft Lot
- Fenced
Home Design
- Colonial Architecture
- Cottage
- Brick Foundation
- Combination Foundation
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Masonry
Interior Spaces
- 996 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- Skylights
- Storm Doors
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
- Porch
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Baseboard Heating
- Oil Water Heater
Listing and Financial Details
- Tax Lot 128
- Assessor Parcel Number 5PRESCOTTPLNEWP
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 5, 2024
Sold by
Prescott Pt Investor Llc
Bought by
Prescott Point Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,600,000
Outstanding Balance
$3,556,086
Interest Rate
6.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$2,868,529
Purchase Details
Listed on
Apr 28, 2022
Closed on
May 27, 2022
Sold by
Kosloski Joseph A
Bought by
William H Oswald Irt and Oswald
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Julie Wright
Keller Williams Coastal
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Purchase Details
Listed on
Jan 16, 2017
Closed on
Apr 3, 2017
Sold by
Blair Shannon S
Bought by
Kosloski Joseph A
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%
Original Mortgage
$313,500
Interest Rate
4.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 29, 2003
Sold by
Gandy Dwayne
Bought by
Blair Shannon
Purchase Details
Closed on
Oct 29, 1999
Sold by
Henderson Ruth E and Lama Margaret F
Bought by
Gandy Dawne E
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Prescott Point Llc | -- | None Available | |
| Prescott Point Llc | -- | None Available | |
| Prescott Point Llc | -- | None Available | |
| William H Oswald Irt | $575,000 | None Available | |
| William H Oswald Irt | $575,000 | None Available | |
| Kosloski Joseph A | $330,000 | -- | |
| Blair Shannon | $204,000 | -- | |
| Gandy Dawne E | $95,000 | -- | |
| Kosloski Joseph A | $330,000 | -- | |
| Blair Shannon | $204,000 | -- | |
| Gandy Dawne E | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Prescott Point Llc | $3,600,000 | |
| Closed | Prescott Point Llc | $3,600,000 | |
| Previous Owner | Kosloski Joseph A | $294,000 | |
| Previous Owner | Kosloski Joseph A | $313,500 | |
| Previous Owner | Gandy Dawne E | $238,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2022 06/10/22 | Sold | $575,000 | -1.7% | $577 / Sq Ft |
| 05/28/2022 05/28/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | For Sale | $585,000 | +77.3% | $587 / Sq Ft |
| 04/03/2017 04/03/17 | Sold | $330,000 | -5.4% | $374 / Sq Ft |
| 03/04/2017 03/04/17 | Pending | -- | -- | -- |
| 01/16/2017 01/16/17 | For Sale | $349,000 | 0.0% | $396 / Sq Ft |
| 01/20/2016 01/20/16 | For Rent | $1,500 | 0.0% | -- |
| 01/20/2016 01/20/16 | Rented | $1,500 | +7.1% | -- |
| 01/24/2013 01/24/13 | Rented | $1,400 | -6.7% | -- |
| 12/25/2012 12/25/12 | Under Contract | -- | -- | -- |
| 12/21/2012 12/21/12 | For Rent | $1,500 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,454 | $541,800 | $151,500 | $390,300 |
| 2023 | $3,542 | $357,100 | $98,200 | $258,900 |
| 2022 | $3,432 | $357,100 | $98,200 | $258,900 |
| 2021 | $3,332 | $357,100 | $98,200 | $258,900 |
| 2020 | $2,942 | $286,200 | $95,200 | $191,000 |
| 2019 | $2,942 | $286,200 | $95,200 | $191,000 |
| 2018 | $2,859 | $286,200 | $95,200 | $191,000 |
| 2017 | $2,744 | $244,800 | $73,300 | $171,500 |
| 2016 | $2,319 | $212,200 | $73,300 | $138,900 |
| 2015 | $2,264 | $212,200 | $73,300 | $138,900 |
| 2014 | $2,400 | $199,000 | $65,500 | $133,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Fitzpatrick
-
Julie Wright
J
Buyer's Agent in 2022
Julie Wright
Keller Williams Coastal
(401) 529-5322
1 in this area
2 Total Sales
-
Joseph Fitzpatrick
Seller Co-Listing Agent in 2017
Joseph Fitzpatrick
RE/MAX Results
(401) 835-2045
17 Total Sales
-
Justine Kurland
Seller Co-Listing Agent in 2016
Justine Kurland
RE/MAX Results
(401) 848-7827
1 Total Sale
Map
Source: State-Wide MLS
MLS Number: 1308570
APN: NEWP-000013-000000-000128
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