NOT LISTED FOR SALE

5 Simmons St Unit 1 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $475,000 - $645,000

2 Beds
1 Bath
683 Sq Ft
$359/mo HOA Fee

Last Sold May 03, 2017

Last sale price $234,000 $343 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,484/month

89 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Tennis Courts
  • 2-minute walk to Spencer Park

About This Home

As of May 2017

Located in downtown Newport this beautiful two bedroom condo is walking distance to all of Newport's finest shopping, sailing, beaches and dining. With off street parking. Flood Insurance, heat, water, also included in MONTHLY FEE.

Last Agent to Sell the Property

Marisa Ferris

Residential Properties Ltd. License #RES.0034595 Listed on: 01/03/2017

Residential Properties Ltd.

Last Buyer's Agent

Rachel Wills

Peter M. Scotti & Assoc.,Inc. License #RES.0041740

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,683

Year Built

  • Built in 1890

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Clapboard

Interior Spaces

  • 683 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 078
  • Assessor Parcel Number 5SIMMONSST1NEWP

Community Details

Overview

  • 3 Units
  • Lower Thames Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,683

Year Built

Built in 1890

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LOWER THAMES
  • Above Grade Finished Sq Ft: 683.0
  • Building Name: 5 Simmons st
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1890
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 683.0
  • Dining Room Type: Kitchen, Laundry, Living Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 359.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 5SIMMONSST1NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 2683.0
  • Tax Lot: 078
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Schoeller John J and Schoeller Amber
Bought by
Schoeller John J
Current Estimated Value
$527,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,200
Outstanding Balance
$235,532
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$242,235

Purchase Details

Listed on
Jan 3, 2017
Closed on
May 5, 2017
Sold by
Whitin 4Th Harry T
Bought by
Schoeller John J and Schoeller Amber
Seller's Agent
Marisa Ferris
Residential Properties Ltd.
Buyer's Agent
Rachel Wills
Peter M. Scotti & Assoc.,Inc.
List Price
$234,999
Sold Price
$234,000
Premium/Discount to List
-$999
-0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$222,300
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2006
Sold by
Shamrock Newport Rlty
Bought by
Whitin 4Th Harry T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.4%
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 Buyer Sale Price Title Company
Schoeller John J -- None Available
Schoeller John J $234,000 --
Whitin 4Th Harry T $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schoeller John J $222,300
Previous Owner Whitin 4Th Harry T $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2017 05/03/17 Sold $234,000 -0.4% $343 / Sq Ft
04/03/2017 04/03/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $234,999 -- $344 / 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 $3,036 $369,400 $0 $369,400
2023 $2,441 $246,100 $0 $246,100
2022 $2,365 $246,100 $0 $246,100
2021 $2,296 $246,100 $0 $246,100
2020 $2,287 $222,500 $0 $222,500
2019 $2,287 $222,500 $0 $222,500
2018 $2,223 $222,500 $0 $222,500
2017 $2,494 $222,500 $0 $222,500
2016 $2,432 $222,500 $0 $222,500
2015 $2,374 $222,500 $0 $222,500
2014 $2,382 $197,500 $0 $197,500
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marisa Ferris

    Residential Properties Ltd.

    (401) 640-0170

    26 Total Sales

    Section Image
  • Rachel Wills

    Buyer's Agent in 2017

    Rachel Wills

    Peter M. Scotti & Assoc.,Inc.

    (401) 248-3111

    52 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1143712

State-Wide MLS

APN: NEWP-000039-000078-000001

Rhode Island Newport County Newport 02840 Fifth Ward

5 Simmons St Unit 1, Newport, RI

This home is located at 5 Simmons St Unit 1, Newport, RI 02840 since 03 January 2017 and is currently estimated at $527,115, approximately $771 per square foot. This property was built in 1890. 5 Simmons St Unit 1 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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