NOT LISTED FOR SALE

50 Houston Ave Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,101,000 - $1,309,285

4 Beds
2 Baths
1,608 Sq Ft
$740/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $1,149,000 $715 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,112/month

Highlights

  • Marina
  • Colonial Architecture
  • No HOA
  • Golf Course Community
  • Furnished
  • 2-minute walk to Harry G. Hogan Memorial Field

About This Home

As of July 2023

Spend July at the Harbor House! This 4 bedroom, 2+ bathroom home is fully furnished and located on a perfectly situated street in the fifth ward neighborhood of Newport. This home is beautifully updated with a lot of living space and open floor plan concept, combined with a lot of original charm. Enjoy a fully fenced in yard with a large deck, to spend the warm summer nights. And if you don't feel like staying in, enjoy all that Newport has to offer by walking, biking, or scootering to the downtown shops and restaurants on Thames Street, live music at King Park, Ocean Drive, Gooseberry Beach, or the mansions on Bellevue Ave.

Last Agent to Rent the Property

Sarah Kirwin Brady

Residential Properties Ltd. License #RES.0040313 Listed on: 06/17/2023

Residential Properties Ltd.

Last Renter's Agent

Alex Nunes

Edge Realty RI License #RES.0044503

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,649

Year Built

  • 1920

Lot Details

  • 4,748

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture

Interior Spaces

  • 1,608 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Property Available on 6/23/23
  • Month-to-Month Lease Term
  • Assessor Parcel Number 50HOUSTONAVNEWP

Community Details

Overview

  • No Home Owners Association
  • Fifth Ward Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,649

Year Built

1920

Lot Details

0

Parking

1

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2023-06-23
  • Security Deposit: 2000.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 1608.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Furnished: Furnished
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1608.0
  • Stories: 2

Exterior Features

  • Waterfront Features: Walk to Water

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Electricity, Gas, Hot Water, Laundry Facilities
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 50HOUSTONAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Jun 16, 2023
Sold by
Mechtaly Elmehdi and Mechtaly Marie L
Bought by
Fiala Benjamin J and Fiala Kara M
Seller's Agent
Sarah Kirwin Brady
Residential Properties Ltd.
Buyer's Agent
Alex Nunes
Edge Realty RI
Sold Price
$10,000
Views
27
Current Estimated Value
$1,190,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,180,571
Avg. Annual Appreciation
-2.06%
Original Mortgage
$726,000
Outstanding Balance
$710,395
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$386,944

Purchase Details

Closed on
Feb 7, 2022
Sold by
Mechtaly Elmehdi and Larsen-Mechtaly Marie
Bought by
Mechtaly Elmehdi and Larsen-Mechtaly Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
3.55%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 13, 2021
Closed on
Dec 28, 2020
Sold by
Gotch Lawrence E and Gotch Bernadette A
Bought by
Mechtaly Elmehdi and Larsen-Mechtaly Marie
Seller's Agent
Elmehdi Mechtaly
Mott & Chace Sotheby's Intl.
Buyer's Agent
Elmehdi Mechtaly
Sold Price
$3,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 2001
Sold by
Cook Charles R
Bought by
Gotch Lawrence E and Gotch Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,500
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Fiala Benjamin J $1,149,000 None Available
Fiala Benjamin J $1,149,000 None Available
Mechtaly Elmehdi -- None Available
Mechtaly Elmehdi -- None Available
Mechtaly Elmehdi $500,000 None Available
Mechtaly Elmehdi $500,000 None Available
Gotch Lawrence E $257,500 --
Gotch Lawrence E $257,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fiala Benjamin J $726,000
Closed Fiala Benjamin J $726,000
Previous Owner Mechtaly Elmehdi $461,000
Previous Owner Mechtaly Elmehdi $480,000
Previous Owner Gotch Lawrence E $174,000
Previous Owner Gotch Lawrence E $205,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2023 07/01/23 Rented $10,000 -16.7% --
06/17/2023 06/17/23 For Rent $12,000 0.0% --
06/16/2023 06/16/23 Sold $1,149,000 0.0% $684 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $1,149,000 0.0% $684 / Sq Ft
05/18/2023 05/18/23 Off Market $1,149,000 -- --
05/11/2023 05/11/23 For Sale $1,149,000 0.0% $684 / Sq Ft
02/19/2023 02/19/23 Rented $4,700 0.0% --
02/13/2023 02/13/23 Under Contract -- -- --
01/21/2023 01/21/23 For Rent $4,700 0.0% --
05/12/2022 05/12/22 Rented $4,700 0.0% --
04/28/2022 04/28/22 Under Contract -- -- --
04/13/2022 04/13/22 For Rent $4,700 +46.9% --
05/10/2021 05/10/21 Rented $3,200 0.0% --
04/10/2021 04/10/21 Under Contract -- -- --
02/18/2021 02/18/21 For Rent $3,200 +14.3% --
01/13/2021 01/13/21 For Rent $2,800 -6.7% --
01/13/2021 01/13/21 Rented $3,000 -- --
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 $7,649 $930,500 $416,600 $513,900
2023 $5,072 $511,300 $272,300 $239,000
2022 $4,914 $511,300 $272,300 $239,000
2021 $4,770 $511,300 $272,300 $239,000
2020 $4,944 $480,900 $223,100 $257,800
2019 $4,944 $480,900 $223,100 $257,800
2018 $4,804 $480,900 $223,100 $257,800
2017 $4,590 $409,500 $159,600 $249,900
2016 $4,476 $409,500 $159,600 $249,900
2015 $4,369 $409,500 $159,600 $249,900
2014 $4,494 $372,600 $135,700 $236,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2023

    Sarah Kirwin Brady

    Residential Properties Ltd.

    (401) 338-9881

    2 in this area

    18 Total Sales

    Sarah Kirwin Brady
    Section Image
  • Elmehdi Mechtaly

    Seller's Agent in 2023

    Elmehdi Mechtaly

    Mott & Chace Sotheby's Intl.

    (305) 240-1920

    2 in this area

    36 Total Sales

    Elmehdi Mechtaly
    Section Image

  • A

    Tenant's Agent in 2023

    Alex Nunes

    Edge Realty RI

    (401) 316-5083

    1 in this area

    16 Total Sales

    Alex Nunes
    Section Image
  • Joseph Costa

    Buyer's Agent in 2023

    Joseph Costa

    Mott & Chace Sotheby's Intl.

    (508) 951-4799

    3 in this area

    35 Total Sales

    Joseph Costa
    Section Image
  • Karin Jackson

    Buyer's Agent in 2023

    Karin Jackson

    Lila Delman Compass

    (401) 338-3771

    6 in this area

    165 Total Sales

    Karin Jackson
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1337776

State-Wide MLS

APN: NEWP-000039-000000-000305

Rhode Island Newport County Newport 02840 Fifth Ward

50 Houston Ave, Newport, RI

This home is located at 50 Houston Ave, Newport, RI 02840 since 17 June 2023 and is currently priced at $1,190,571. This property was built in 1920. 50 Houston Ave 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.

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