NOT LISTED FOR SALE

5 Simmons St Unit 2 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $415,000 - $897,000

2 Beds
1 Bath
644 Sq Ft
$921/Sq Ft Est. Value

Highlights

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

About This Home

As of June 2022

~Yearly 2-bedroom condo available on 6/1/2022 right off of Thames Street in the Fifth Ward!~ If you are looking for a place that has been totally updated AND is right off of Thames street with easy walkability to everything in the Fifth Ward and Downtown Newport, look no further! This second-floor condo has recently been completely renovated from top to bottom with brand new paint, recessed lighting, granite countertops, brand new kitchen cabinetry, a new kitchen sink, new toilet, updated shower, new bathroom vanity, new doors, beautifully refinished hardwood flooring, and brand new stainless steel appliances! All this, plus it comes with a private outdoor deck to enjoy the upcoming warm Summer weather. With a washer and dryer in the unit and an eat-in kitchen that opens into the living room, you'll love this unit. Also, the rent INCLUDES heat! Reach out today to schedule a showing or virtual tour! (Bathroom is finishing final steps in the renovation, but will be complete prior to move-in).

Last Agent to Rent the Property

Ethan Coombs

Teri Degnan RE & Consulting License #RES.0043622 Listed on: 05/23/2022

Last Renter's Agent

Edward Izeman

Coldwell Banker Realty License #REB.0014837

Coldwell Banker Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 1890

Parking

  • No Garage

Home Design

  • Entry on the 2nd floor
  • Clapboard
  • Plaster

Interior Spaces

  • 644 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Hot Water Heating System
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Property Available on 6/1/22
  • Month-to-Month Lease Term
  • Assessor Parcel Number 5SIMMONSST2NEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 3 Units
  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,558

Year Built

Built in 1890

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2022-06-01

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 644.0
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry,Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 644.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Heat, Laundry Facilities, Trash Collection
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 5SIMMONSST2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2010
Sold by
Marathon Asset Inv
Bought by
Cruz Michele and Cruz Richard
Current Estimated Value
$593,425

Purchase Details

Closed on
Feb 25, 2009
Sold by
Laflamme Damon P
Bought by
Marathon Asset Inv

Purchase Details

Closed on
Dec 6, 2006
Sold by
Shamrock Newport Rlty
Bought by
Laflamme Damon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cruz Michele $91,000 --
Marathon Asset Inv $170,000 --
Laflamme Damon $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Laflamme Damon $191,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Rented $2,300 0.0% --
05/23/2022 05/23/22 For Rent $2,300 -- --
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 $2,558 $356,200 $0 $356,200
2024 $2,483 $356,200 $0 $356,200
2023 $2,356 $237,500 $0 $237,500
2022 $2,282 $237,500 $0 $237,500
2021 $2,216 $237,500 $0 $237,500
2020 $2,197 $213,700 $0 $213,700
2019 $2,197 $213,700 $0 $213,700
2018 $2,135 $213,700 $0 $213,700
2017 $2,396 $213,700 $0 $213,700
2016 $2,336 $213,700 $0 $213,700
2015 $2,280 $213,700 $0 $213,700
2014 $2,289 $189,800 $0 $189,800
Source: Public Records

Agents Affiliated with this Home

  • Ethan Coombs

    Landlord's Agent in 2022

    Ethan Coombs

    Teri Degnan RE & Consulting

    (401) 263-5138

    3 in this area

    14 Total Sales

    Ethan Coombs
    Section Image
  • Edward Izeman

    Tenant's Agent in 2022

    Edward Izeman

    Coldwell Banker Realty

    (401) 440-1949

    49 Total Sales

    Edward Izeman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1310982

State-Wide MLS

APN: NEWP-000039-000078-000002

Rhode Island Newport County Newport 02840 Fifth Ward

5 Simmons St Unit 2, Newport, RI

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