$304,000
SOLD MAR 23, 2020

5 Simmons St Unit 3 Newport, RI 02840

Fifth Ward Neighborhood
2 Beds
1 Bath
689 Sq Ft
$359/mo HOA Fee

Recently Sold

$441 Per Sq Ft

2% Below List Price

1 Day on Market

Highlights

  • Cathedral Ceiling
  • Bathtub with Shower
  • Heating System Uses Steam
  • Skylights
  • Storage Room
  • 2-minute walk to Spencer Park

About This Home

As of March 2020

Recently renovated 2-bed condo just off Lower Thames St. Fantastic location, enjoy the luxury of walking to everything downtown Newport has to offer! The unit comes with 2 tandem off-street parking spots, washer and dryer in unit, cathedral ceilings, and private outdoor deck. Equipped with many improvements, such as a brand new modern kitchen and bath with granite counters, new flooring, upgraded plumbing and electrical, stainless steel appliances, lighting, and new replacement windows throughout. Association fees also include the cost of water, heat, and insurance. Great opportunity to close and settle into your Newport condo before the start of the Summer!

Last Agent to Sell the Property

Robert Swift

Edge Realty RI License #RES.0040245 Listed on: 02/20/2020

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,403

Year Built

  • Built in 1890

HOA Fees

  • $359 Monthly HOA Fees

Home Design

  • Brick Foundation
  • Stone Foundation
  • Clapboard

Interior Spaces

  • 689 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Storage Room
  • Utility Room
  • Vinyl Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 78
  • Assessor Parcel Number 5SIMMONSST3NEWP

Community Details

Overview

  • 3 Units
  • Lower Thames Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,403

Year Built

Built in 1890

Lot Details

0

HOA Fees

$359 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Lower Thames
  • Above Grade Finished Sq Ft: 689.0
  • Building Name: 5 Simmons Street Condominium
  • Entry Level: 3
  • 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: Common Water Heater, Dryer, Dishwasher, Exhaust Fan, Disposal, Oil Water Heater, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 689.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 359.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 5SIMMONSST3NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 2403.0
  • Tax Lot: 78
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Nov 2, 2017
Sold by
Sullivan George T
Bought by
Sheridan Karolien
Seller's Agent
Marisa Ferris
Residential Properties Ltd.
Buyer's Agent
Sara Sullivan
List Price
$240,000
Sold Price
$233,000
Premium/Discount to List
-$7,000
-2.92%
Total Days on Market
1
Current Estimated Value
$562,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,549
Avg. Annual Appreciation
12.24%
Original Mortgage
$221,350
Outstanding Balance
$188,448
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$371,749

Purchase Details

Closed on
Jun 6, 2005
Sold by
Whatmough Garyn and Kipp Kenneth
Bought by
Sullivan George T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Newport, RI

  • 70 Carroll Ave Unit 709, Newport, RI 02840

    $360,000

    • 2 Beds
    • 1 Bath
    • 708 Sq Ft
    • 70 Carroll Ave
    • Unit 709
    • Newport, RI

    First floor, two bedroom, one bath unit in the highly sought after, Ocean's Way. A short walk downtown or a quick bike ride to the beach, this conveniently located condo association offers beautifully maintained grounds, snow removal, off street parking, and heat and water in your condo fees! Updated bathroom and freshly painted throughout, unfinished hardwood floors below carpeting. Enjoy

    Danielle Almeida Compass / Lila Delman Compass

    Section Image
  • 66 Girard Ave Unit 106, Newport, RI 02840

    $265,000

    • 1 Bed
    • 1 Bath
    • 907 Sq Ft
    • 66 Girard Ave
    • Unit 106
    • Newport, RI

    Spacious one bedroom condo in a desirable condominium development. This unit is centrally located near shopping, naval base, bridge on-ramp and public transportation. The space is a blank slate ready for its next chapter. Features include open living and dining area, large bedroom with double closets, separate laundry room. Original flooring has already been professionally removed, saving you

    Heather Cawley RE/MAX Profnl. Newport, Inc.

    Section Image
See All Homes in Newport

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $233,000 --
Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,350 Purchase Money Mortgage
Previous Owner $380,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2020 03/23/20 Sold $304,000 -1.6% $441 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $309,000 +32.6% $448 / Sq Ft
11/02/2017 11/02/17 Sold $233,000 -2.9% $338 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $240,000 -- $348 / 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 $3,483 $423,700 $0 $423,700
2023 $2,790 $281,200 $0 $281,200
2022 $2,702 $281,200 $0 $281,200
2021 $2,624 $281,200 $0 $281,200
2020 $2,301 $223,800 $0 $223,800
2019 $2,301 $223,800 $0 $223,800
2018 $2,236 $223,800 $0 $223,800
2017 $2,509 $223,800 $0 $223,800
2016 $2,446 $223,800 $0 $223,800
2015 $2,388 $223,800 $0 $223,800
2014 $2,396 $198,700 $0 $198,700
Source: Public Records

Agents Affiliated with this Home

  • Robert Swift

    Seller's Agent in 2020

    Robert Swift

    Edge Realty RI

    (401) 644-9016

    40 Total Sales

    Robert Swift
    Section Image
  • Joe Fitzpatrick

    Buyer's Agent in 2020

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    47 in this area

    685 Total Sales

    Joe Fitzpatrick
    Section Image

  • M

    Seller's Agent in 2017

    Marisa Ferris

    Residential Properties Ltd.

    (401) 640-0170

    27 Total Sales

    Marisa Ferris
    Section Image

  • S

    Buyer's Agent in 2017

    Sara Sullivan

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1247716

State-Wide MLS

APN: NEWP-000039-000078-000003

Rhode Island Newport County Newport 02840 Fifth Ward

5 Simmons St Unit 3, Newport, RI

This home is located at 5 Simmons St Unit 3, Newport, RI 02840 and is currently priced at $304,000, approximately $441 per square foot. This property was built in 1890. 5 Simmons St Unit 3 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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes