NOT LISTED FOR SALE

50 Old Fort Rd Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,122,000 - $1,469,128

3 Beds
2.5 Baths
1,901 Sq Ft
$692/Sq Ft Est. Value

Last Sold March 13, 2023

Last sale price $1,118,000 $588 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,549/month

124 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Cottage
  • Cathedral Ceiling
  • Attic
  • Workshop

About This Home

As of March 2023

First time on the market in 18 Years. A delightful home with Southern Exposure, partially fenced in yard and a 2-Car Garage located on a 7296 Sq. Ft. Corner Lot in the sought after Fifth Ward. 3 Bedrooms and 2 1/2 Bathrooms, solar Panels on the roof which minimizes electrical expenses. This home has been lovingly cared for and maintained. Beautiful perennials, Blueberry bush surrounded by Trees. Entry Mudroom, Kitchen and Primary Bedroom and Bath have radiant heat. 3 Season enclosed front porch. Move in condition, off street parking for 4 or more cars. Laundry on second floor. Incredible storage in Attic and Basement.

Last Agent to Sell the Property

Stephanie Guinan

RE/MAX Profnl. Newport, Inc. License #RES.0014529 Listed on: 07/29/2022

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Alice Sheerin

Teri Degnan RE & Consulting License #RES.0032864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,312

Year Built

  • Built in 1920

Lot Details

  • 7,296 Sq Ft Lot
  • Property is zoned R-10

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Cottage
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,901 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Workshop
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Gas
  • Radiant Heating System
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Fifth Ward / Carroll Ave Subdivision

Listing and Financial Details

  • Tax Lot 121
  • Assessor Parcel Number 50OLDFORTRDNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,312

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1675
  • Subdivision Name: Fifth Ward / Carroll Ave
  • Above Grade Finished Sq Ft: 1901.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Other, Wood
  • Interior Amenities: Attic, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 1901.0
  • Dining Room Type: Utility Room, Workshop
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7296.0
  • Parcel #: 50OLDFORTRDNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6311.85
  • Tax Lot: 121
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Mar 10, 2023
Sold by
Archer Carol P and Archer Richard
Bought by
Roy Ft
Seller's Agent
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Alice Sheerin
Teri Degnan RE & Consulting
List Price
$1,200,000
Sold Price
$1,118,000
Premium/Discount to List
-$82,000
-6.83%
Views
245
Current Estimated Value
$1,266,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,080
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Williams Anre and Williams Christopher
Bought by
Archer Carol and Archer Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1997
Sold by
Toracinta Brain P and Toracinta Patricia
Bought by
Stevenson Richard C and Stevenson Anne

Purchase Details

Closed on
Nov 1, 1989
Sold by
Stark Frank L
Bought by
Torarimta Brian
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
Roy Ft $1,118,000 None Available
Archer Carol $399,000 --
Stevenson Richard C $145,000 --
Torarimta Brian $123,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Torarimta Brian $104,000
Previous Owner Torarimta Brian $100,000
Previous Owner Torarimta Brian $242,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $1,118,000 -6.8% $588 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $1,200,000 0.0% $631 / Sq Ft
04/17/2020 04/17/20 Rented $3,000 +50.0% --
03/18/2020 03/18/20 Under Contract -- -- --
12/22/2019 12/22/19 For Rent $2,000 +66.7% --
12/03/2017 12/03/17 For Rent $1,200 0.0% --
12/03/2017 12/03/17 Rented $1,200 -25.0% --
12/03/2016 12/03/16 For Rent $1,600 0.0% --
12/03/2016 12/03/16 Rented $1,600 -- --
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 $7,405 $1,062,400 $487,700 $574,700
2023 $6,515 $656,800 $318,800 $338,000
2022 $6,312 $656,800 $318,800 $338,000
2021 $6,128 $656,800 $318,800 $338,000
2020 $5,302 $515,800 $244,100 $271,700
2019 $5,302 $515,800 $244,100 $271,700
2018 $5,153 $515,800 $244,100 $271,700
2017 $4,788 $427,100 $174,700 $252,400
2016 $4,668 $427,100 $174,700 $252,400
2015 $4,557 $427,100 $174,700 $252,400
2014 $4,718 $391,200 $148,500 $242,700
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Guinan

    Seller's Agent in 2023

    Stephanie Guinan

    RE/MAX Profnl. Newport, Inc.

    6 in this area

    19 Total Sales

    Section Image
  • Alice Sheerin

    Buyer's Agent in 2023

    Alice Sheerin

    Teri Degnan RE & Consulting

    (401) 935-1601

    2 in this area

    23 Total Sales

    Section Image
  • Jack McVicker

    Buyer's Agent in 2016

    Jack McVicker

    RE/MAX Profnl. Newport, Inc.

    (401) 829-1601

    2 in this area

    22 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1316647

State-Wide MLS

APN: NEWP-000041-000000-000121

Rhode Island Newport County Newport 02840 Fifth Ward

50 Old Fort Rd, Newport, RI

This home is located at 50 Old Fort Rd, Newport, RI 02840 since 29 July 2022 and is currently estimated at $1,315,032, approximately $691 per square foot. This property was built in 1920. 50 Old Fort Rd is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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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