$533,000
SOLD MAY 15, 2019
4 Beds
2.5 Baths
2,137 Sq Ft
3,500 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

3% Below List Price

27 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Cottage
  • Golf Course Community
  • Tennis Courts
  • 4-minute walk to Spencer Park

About This Home

As of May 2019

Location!!! Spacious home located on Thames Street in the LIMITED BUSINESS zone with great Air BnB,/ nightly/weekly rental potential. Walk to downtown Newport, Morton Park, Ballard Park, King Park, Ida Lewis Yacht Club, great restaurants, bars and just a stone's throw to the famous Ocean Drive and Bellevue Avenue! Located next to one of the best Italian food Restaurants in Newport, Mamma Luisa! Also located near by is Winner Winner and Bodhi Spa. This home has three bedrooms and a fourth has been added using the second living room on the first level. Nicely renovated kitchen with all new cabinets, counter tops and appliances. Beautiful hardwoods throughout, enclosed porch, newer heating system, large bedrooms and a spacious fenced in back yard for summer entertaining.

Last Agent to Sell the Property

The Luxury Group

HomeSmart Professionals Listed on: 04/17/2019

Last Buyer's Agent

Ryan Hazinakis

Keller Williams Coastal License #RES.0040457

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 1890

Lot Details

  • 3,500 Sq Ft Lot
  • Property is zoned LB

Parking

  • No Garage

Home Design

  • Cottage
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Storage Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 667THAMESSTNEWP

Community Details

Overview

  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,204

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0803
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 1521.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 616.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2137.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • 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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3500.0
  • Parcel #: 667THAMESSTNEWP
  • Zoning: LB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4204.0
  • Tax Lot: 57
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 14, 2019
Sold by
Sullivan Kevin
Bought by
Piedmont Mark and Piedmont Karena
Seller's Agent
The Luxury Group
HomeSmart Professionals
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$549,000
Sold Price
$533,000
Premium/Discount to List
-$16,000
-2.91%
Current Estimated Value
$1,008,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,797
Avg. Annual Appreciation
9.61%
Original Mortgage
$479,700
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 20, 2017
Closed on
Mar 17, 2017
Sold by
Iannone Edward
Bought by
Sullivan Kevin
Seller's Agent
The Luxury Group
HomeSmart Professionals
Buyer's Agent
The Luxury Group
HomeSmart Professionals
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$385,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2015
Closed on
Apr 20, 2015
Sold by
Silvia Frederick J Est
Bought by
Iannone Edward
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Diane Dailey
HomeSmart Professionals
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.50%
Source: Public Records

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Range of Values:

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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 $533,000 --
Warranty Deed $425,000 --
Executors Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $477,000 Stand Alone Refi Refinance Of Original Loan
Closed $479,700 New Conventional
Previous Owner $395,500 Adjustable Rate Mortgage/ARM
Previous Owner $385,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $533,000 -2.9% $249 / Sq Ft
04/17/2019 04/17/19 For Sale $549,000 +29.2% $257 / Sq Ft
03/23/2017 03/23/17 Sold $425,000 0.0% $199 / Sq Ft
03/20/2017 03/20/17 For Sale $425,000 +57.4% $199 / Sq Ft
04/20/2015 04/20/15 Sold $270,000 -8.5% $178 / Sq Ft
03/23/2015 03/23/15 For Sale $295,000 -- $194 / 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 $6,329 $770,000 $381,000 $389,000
2023 $5,023 $506,400 $249,000 $257,400
2022 $4,867 $506,400 $249,000 $257,400
2021 $4,725 $506,400 $249,000 $257,400
2020 $4,326 $420,800 $220,400 $200,400
2019 $4,326 $420,800 $220,400 $200,400
2018 $4,204 $420,800 $220,400 $200,400
2017 $3,934 $350,900 $157,600 $193,300
2016 $3,271 $299,300 $157,600 $141,700
2015 $3,194 $299,300 $157,600 $141,700
2014 $3,473 $288,000 $133,900 $154,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1220604

State-Wide MLS

APN: NEWP-000039-000000-000057