$520,000
SOLD JUL 6, 2024

56 Gould St Newport, RI 02840

2 Beds
1.5 Baths
1,080 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$481 Per Sq Ft

10% Below List Price

11 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Tennis Courts
  • 5-minute walk to Equality Park

About This Home

As of July 2024

Start this summer living in Newport and stop visiting! This quaint Gambrel style 2-bedroom cottage is two blocks from Broadway and ideally located with short walk to downtown, restaurants, shopping and other amenities. Many updates over past few years including water heater, newer stove and dishwasher, hardwood flooring and added half bath. The living room is spacious with a half bath and the kitchen/dining area leads to a generous back yard that features a patio area, room for a kitchen/flower garden and space for recreational activities; and 2-off-street parking spaces at the front of the property. Property being sole AS IS, WHERE IS. Come take a look!

Last Agent to Sell the Property

Sonia Hart

Common Wealth Realty Services License #REB.0019021 Listed on: 04/30/2024

Last Buyer's Agent

Sonia Hart

Common Wealth Realty Services License #REB.0019021 Listed on: 04/30/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,268

Year Built

  • Built in 1985

Lot Details

  • 2,614 Sq Ft Lot
  • Fenced

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 56GOULDSTNEWP

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,268

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Inclusions: Property is being listed AS IS.
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Cabin
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1985
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1080.0
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • Parcel #: 56GOULDSTNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3268.0
  • Tax Lot: 028
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jun 25, 2024
Sold by
Williams Logan J
Bought by
Gilligan Gerard A and Laborde Sylvie D
Seller's Agent
Sonia Hart
Common Wealth Realty Services
Buyer's Agent
Sonia Hart
Common Wealth Realty Services
List Price
$579,000
Sold Price
$520,000
Premium/Discount to List
-$59,000
-10.19%
Views
27
Current Estimated Value
$591,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,524
Avg. Annual Appreciation
14.48%
Original Mortgage
$260,000
Outstanding Balance
$251,978
Interest Rate
6.28%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$348,153

Purchase Details

Closed on
Jun 5, 2003
Sold by
Cinotti Donna
Bought by
Williams Logan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,400
Interest Rate
5.83%
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 Type Sale Price Title Company
Warranty Deed $520,000 None Available
Warranty Deed $520,000 None Available
Deed $202,000 --
Deed $202,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 Stand Alone Refi Refinance Of Original Loan
Closed $260,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $220,000 No Value Available
Previous Owner $161,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2024 07/06/24 Sold $520,000 0.0% $481 / Sq Ft
07/02/2024 07/02/24 Sold $520,000 -10.3% $481 / Sq Ft
05/12/2024 05/12/24 Pending -- -- --
05/12/2024 05/12/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $579,900 +0.2% $537 / Sq Ft
04/30/2024 04/30/24 For Sale $579,000 -- $536 / 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 $4,021 $489,200 $169,800 $319,400
2023 $3,178 $320,400 $110,100 $210,300
2022 $3,079 $320,400 $110,100 $210,300
2021 $2,989 $320,400 $110,100 $210,300
2020 $2,817 $274,000 $96,700 $177,300
2019 $2,817 $274,000 $96,700 $177,300
2018 $2,737 $274,000 $96,700 $177,300
2017 $2,743 $244,700 $74,300 $170,400
2016 $2,675 $244,700 $74,300 $170,400
2015 $2,611 $244,700 $74,300 $170,400
2014 $3,043 $252,300 $66,500 $185,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1357670

State-Wide MLS

APN: NEWP-000013-000000-000028