SOLD NOV 5, 2020
RENTED NOV 7, 2024
5 Sylvan St Newport, RI 02840
Memorial Boulevard Neighborhood
6
Beds
4.5
Baths
2,394
Sq Ft
4,791
Sq Ft Lot
Highlights
- Marina
- Marble Flooring
- Furnished
- Colonial Architecture
- 1 Fireplace
- 3-minute walk to Freebody Park
About This Home
As of November 2020A stunning and truly gorgeous, renovated 6-bed, 4.5-bath brick colonial is now available in the desirable Bellevue area of Newport! Talk about a fabulous find for you, your family, or potential tenants! Perfect option as an investment property, vacation home or of course, permanent residence. This charming and elegant house has so much to offer and is a spectacular property. In 2016, the property underwent a $125k renovation, resulting in a renovated granite and stainless steel kitchen, new marble baths, new furnishings, refinished wood floors, a new boiler, an updated electrical box and fresh new paint throughout. Other amenities include a charming fireplace, fenced-in yard, detached storage garage, partially finished basement with full bath, spacious front porch, a deck off the eat-in kitchen, off street parking for 4-5 cars, newer slate roof, and a grand foyer.
Currently, the house is being rented out seasonally for $4000 per month during this off-season and usually rents for $15,000 per month over the summer months when the owners are not using it for vacation. All of this is just a short distance to downtown, shopping and the beaches. The property is already rented for next winter for $4200 per month and it includes the beautiful furnishings.
You really don't want to pass up checking this place out - feel free to call any time for details or to schedule a showing, which I can also do via video tour. I'm here to help!
Last Agent to Sell the Property
Steven Tooel
JMG RHODE ISLAND License #REB.0016346 Listed on: 06/28/2020
Last Buyer's Agent
Steven Toole
Kavanaugh Grant Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,680
Year Built
- Built in 1900
Lot Details
- 4,791 Sq Ft Lot
- Property is zoned R10
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 2,394 Sq Ft Home
- 3-Story Property
- Furnished
- 1 Fireplace
- Storage Room
- Utility Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Walking Distance to Water
- Outbuilding
Utilities
- Cooling Available
- Heating System Uses Gas
- Radiant Heating System
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 31-4
- Assessor Parcel Number 5SYLVANSTNEWP
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2020
Closed on
Sep 30, 2020
Sold by
5 Sylvan Rental Llc
Bought by
5 Sylvan Street Llc
Seller's Agent
Steven Tooel
JMG RHODE ISLAND
Buyer's Agent
Steven Toole
Kavanaugh Grant Real Estate
List Price
$889,000
Sold Price
$845,000
Premium/Discount to List
-$44,000
-4.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$670,725
Avg. Annual Appreciation
12.89%
Purchase Details
Closed on
Dec 23, 2003
Sold by
Odwyer Vincent
Bought by
Beer Philip and Mcgrory Kevin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 15, 2000
Sold by
Peckham William H
Bought by
Odwyer Vincent J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.21%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newport, RI
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $845,000 | None Available | |
| Deed | $525,000 | -- | |
| Warranty Deed | $55,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $420,000 | Purchase Money Mortgage | |
| Previous Owner | $250,000 | No Value Available | |
| Previous Owner | $195,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Rented | $5,000 | 0.0% | -- |
| 10/02/2024 10/02/24 | For Rent | $5,000 | 0.0% | -- |
| 11/05/2020 11/05/20 | Sold | $845,000 | -4.9% | $353 / Sq Ft |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- |
| 06/28/2020 06/28/20 | For Sale | $889,000 | 0.0% | $371 / Sq Ft |
| 06/26/2020 06/26/20 | Rented | $7,500 | -21.1% | -- |
| 05/27/2020 05/27/20 | Under Contract | -- | -- | -- |
| 12/23/2019 12/23/19 | For Rent | $9,500 | -5.0% | -- |
| 06/22/2016 06/22/16 | Rented | $10,000 | -9.1% | -- |
| 05/23/2016 05/23/16 | Under Contract | -- | -- | -- |
| 02/09/2016 02/09/16 | For Rent | $11,000 | 0.0% | -- |
| 09/01/2015 09/01/15 | Sold | $575,000 | -7.1% | $179 / Sq Ft |
| 08/02/2015 08/02/15 | Pending | -- | -- | -- |
| 03/09/2015 03/09/15 | For Sale | $619,000 | -- | $192 / Sq Ft |
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 | $8,941 | $1,087,700 | $423,200 | $664,500 |
| 2023 | $7,077 | $713,400 | $276,600 | $436,800 |
| 2022 | $6,856 | $713,400 | $276,600 | $436,800 |
| 2021 | $6,656 | $713,400 | $276,600 | $436,800 |
| 2020 | $5,845 | $568,600 | $223,600 | $345,000 |
| 2019 | $5,845 | $568,600 | $223,600 | $345,000 |
| 2018 | $5,680 | $568,600 | $223,600 | $345,000 |
| 2017 | $5,121 | $456,800 | $160,000 | $296,800 |
| 2016 | $4,993 | $456,800 | $160,000 | $296,800 |
| 2015 | $4,874 | $456,800 | $160,000 | $296,800 |
| 2014 | $5,191 | $430,400 | $136,000 | $294,400 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Willett
Seller's Agent in 2024
Ben Willett
RE/MAX Results
(401) 835-8810
2 in this area
131 Total Sales
-
Meghan Galvin
M
Seller Co-Listing Agent in 2024
Meghan Galvin
RE/MAX Results
(401) 835-2530
1 Total Sale
-
S
Seller's Agent in 2020
Steven Tooel
JMG RHODE ISLAND
-
S
Buyer's Agent in 2020
Steven Toole
Kavanaugh Grant Real Estate
-
K
Seller's Agent in 2016
Katharine Hallgring
Capitol Realty Company
-
K
Seller's Agent in 2015
Kyle Luderer
Keller Williams Coastal
Map
Source: State-Wide MLS
MLS Number: 1257497
APN: NEWP-000033-000031-000004
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