NOT LISTED FOR SALE

55 Homer St Unit 3 Newport, RI 02840

Estimated Value: $384,931 - $414,000

2 Beds
1.5 Baths
980 Sq Ft
$405/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $227,500 $232 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,417/month

59 Days on Market

Highlights

  • Marina
  • Deck
  • Attic
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of March 2020

Why pay high Newport rent when you can own your own home? Walk to downtown, quick drive to the bridge. At the end of a private drive, this town house has many of the benefits of a single family home with expansive (new) fenced-in backyard of your own and new patio area. Recently renovated w/new Brazilian walnut flooring, crown molding, bathrooms, windows, lighting, hot water heater, paint. Relaxed, pet friendly condo community with low monthly fees.

Last Agent to Sell the Property

Mary Kammerer

RI Real Estate Services License #RES.0031465 Listed on: 12/03/2019

RI Real Estate Services

Last Buyer's Agent

Erin Moitoza

Anchor & Hope Real Estate LLC License #REB.0019102

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,232

Year Built

  • Built in 1988

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 980 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Crawl Space
  • Laundry in unit
  • Attic

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 255
  • Assessor Parcel Number 55AHOMERST3NEWP

Community Details

Overview

  • 4 Units
  • North End Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,232

Year Built

Built in 1988

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: North End
  • Above Grade Finished Sq Ft: 980.0
  • Building Name: Homer Street Condos
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 980.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • 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)
  • Senior Community: No
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 55AHOMERST3NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1232.0
  • Tax Lot: 255
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Mar 2, 2020
Sold by
Kammerer Debbie A
Bought by
Moreino Timothy
Seller's Agent
Mary Kammerer
RI Real Estate Services
Buyer's Agent
Erin Moitoza
Anchor & Hope Real Estate LLC
List Price
$250,000
Sold Price
$227,500
Premium/Discount to List
-$22,500
-9%
Current Estimated Value
$396,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,983
Avg. Annual Appreciation
10.45%
Original Mortgage
$216,125
Outstanding Balance
$191,771
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$204,712

Purchase Details

Listed on
Apr 1, 2015
Closed on
Aug 21, 2015
Sold by
Daffron Eileen
Bought by
Kammerer Debbie A
Seller's Agent
Steven Tooel
JMG RHODE ISLAND
Buyer's Agent
Mary Kammerer
RI Real Estate Services
List Price
$139,900
Sold Price
$130,000
Premium/Discount to List
-$9,900
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.09%
Original Mortgage
$126,100
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2000
Sold by
Heaney Robert J and Heaney Deborah
Bought by
Daffron Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Moreino Timothy $227,500 None Available
Kammerer Debbie A $130,000 --
Daffron Eileen $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreino Timothy $216,125
Previous Owner Daffron Eileen $126,100
Previous Owner Daffron Eileen $106,000
Previous Owner Daffron Eileen $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $227,500 -9.0% $232 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $250,000 +92.3% $255 / Sq Ft
08/14/2015 08/14/15 Sold $130,000 -7.1% $133 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $139,900 -- $143 / 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
2025 $1,976 $275,200 $0 $275,200
2024 $1,918 $275,200 $0 $275,200
2023 $1,844 $185,900 $0 $185,900
2022 $1,786 $185,900 $0 $185,900
2021 $1,734 $185,900 $0 $185,900
2020 $1,232 $119,800 $0 $119,800
2019 $1,232 $119,800 $0 $119,800
2018 $1,197 $119,800 $0 $119,800
2017 $1,343 $119,800 $0 $119,800
2016 $1,309 $119,800 $0 $119,800
2015 $1,278 $119,800 $0 $119,800
2014 $1,384 $114,800 $0 $114,800
Source: Public Records

Agents Affiliated with this Home

  • Mary Kammerer

    Seller's Agent in 2020

    Mary Kammerer

    RI Real Estate Services

    (401) 378-4697

    14 Total Sales

    Mary Kammerer
    Section Image
  • Erin Moitoza

    Buyer's Agent in 2020

    Erin Moitoza

    Anchor & Hope Real Estate LLC

    (401) 595-0696

    1 in this area

    32 Total Sales

    Erin Moitoza
    Section Image

  • S

    Seller's Agent in 2015

    Steven Tooel

    JMG RHODE ISLAND

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1242388

State-Wide MLS

APN: NEWP-000009-000255-000003

Rhode Island Newport County Newport 02840

55 Homer St Unit 3, Newport, RI

This home is located at 55 Homer St Unit 3, Newport, RI 02840 since 03 December 2019 and is currently estimated at $396,483, approximately $404 per square foot. This property was built in 1988. 55 Homer St Unit 3 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.

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