$520,000
SOLD JUL 2, 2024

56 Gould St Newport, RI 02840

2 Beds
1.5 Baths
1,080 Sq Ft
2,775 Sq Ft Lot

Recently Sold

$481 Per Sq Ft

10% Below List Price

8 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Plywood Flooring
  • Medical Services
  • Property is near public transit
  • 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. Come take a look!

Last Agent to Sell the Property

Sonia Hart

Common Wealth Realty Services Listed on: 05/03/2024

Co-Listed By

Lakeatha Lanier

Common Wealth Realty Services

Last Buyer's Agent

Sonia Hart

Common Wealth Realty Services Listed on: 05/03/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,178

Year Built

  • Built in 1985

Lot Details

  • 2,775 Sq Ft Lot
  • Fenced Yard
  • Fenced
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Cottage
  • Frame Construction
  • Wood Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • Plywood Flooring

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Frank Thompson Middle School
  • Rogers High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Electric Baseboard Heater
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:013 B:0028,274556

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,178

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial, Cottage
  • Year Built: 1985
  • Buyer Agency: 2
  • Transaction Broker: 1.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood, Plywood
  • Interior Amenities: 1/4 Bath
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Water Heater, Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: Yes
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Laundry Features: In Basement, Electric Dryer Hookup, Washer Hookup
  • Room Living Room Level: First
  • Basement: Full, Unfinished
  • Accessibility Features: No
  • Living Area: 1080
  • Spa YN: No
  • MAIN LO: NB3669
  • LIST PRICE PER Sq Ft: 536.94
  • PRICE PER Sq Ft: 481.48
  • MAIN SO: NB3669
  • Insulation: Full

Exterior Features

  • Exterior Features: Patio, Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Wood
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Unpaved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Forced Air, Baseboard, Electric Baseboard, Natural Gas
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Marina, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:013 B:0028,274556
  • Zoning: R10
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2775
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: 204
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3178
  • Tax Book Number: 1330

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Rogers
  • Middle Or Junior School: Frank Thompson

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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: MLS Property Information Network (MLS PIN)

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

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73232919

MLS Property Information Network (MLS PIN)

APN: NEWP-000013-000000-000028