NOT LISTED FOR SALE

68 W Narragansett Ave Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,693,000 - $2,039,000

6 Beds
3.5 Baths
3,749 Sq Ft
$504/Sq Ft Est. Value

Last Sold June 19, 2012

Last sale price $530,000 $141 Per Sq Ft

Est. 256% increase in value since last sale

Current estimated payment $11,299/month

395 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • 2 Fireplaces
  • 2-minute walk to Harry G. Hogan Memorial Field

About This Home

As of June 2012

Fabulous house, gardens. Stylish decor. Completely renovated. 2 granite kits, great room, master suite. Magical gardens, Outdoor shower and more. Must see.

Last Agent to Sell the Property

Christina Rescia

William Raveis Inspire License #REB.0016454 Listed on: 04/20/2011

William Raveis Inspire

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,039

Year Built

  • Built in 1910

Lot Details

  • 5,662 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 3,749 Sq Ft Home
  • 2-Story Property
  • 2 Fireplaces
  • Thermal Windows

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 381
  • Assessor Parcel Number 68WESTNARRAGANSETTAVNEWP

Community Details

Overview

  • 2 Units
  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,039

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Subdivision Name: FIFTH WARD
  • Above Grade Finished Sq Ft: 3749.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1910
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Gas Water Heater, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 3749.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Clapboard, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ 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, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5662.0
  • Parcel #: 68WESTNARRAGANSETTAVNEWP
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5039.0
  • Tax Lot: 381
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2012
Sold by
Kim Kimberly S
Bought by
Kim Kimberly S and Kim Bok Sun
Current Estimated Value
$1,888,761

Purchase Details

Listed on
Apr 20, 2011
Closed on
Jun 20, 2012
Sold by
Wright Troy L
Bought by
Kim Kimberly S
Seller's Agent
Christina Rescia
William Raveis Inspire
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.31%
Original Mortgage
$371,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2005
Sold by
Henderson Jack D and Henderson Susan E
Bought by
Wright Troy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,400
Interest Rate
6.07%
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
Kim Kimberly S -- --
Kim Kimberly S $530,000 --
Kim Kimberly S $530,000 --
Wright Troy L $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kim Kimberly S $371,000
Previous Owner Henderson Jack D $42,000
Previous Owner Henderson Jack D $697,500
Previous Owner Henderson Jack D $625,000
Previous Owner Henderson Jack D $460,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2012 06/19/12 Sold $530,000 -11.5% $141 / Sq Ft
05/20/2012 05/20/12 Pending -- -- --
04/20/2011 04/20/11 For Sale $599,000 -- $160 / 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 $12,337 $1,500,800 $446,000 $1,054,800
2023 $9,381 $945,700 $291,600 $654,100
2022 $9,088 $945,700 $291,600 $654,100
2021 $8,823 $945,700 $291,600 $654,100
2020 $7,947 $773,100 $230,900 $542,200
2019 $7,947 $773,100 $230,900 $542,200
2018 $7,723 $773,100 $230,900 $542,200
2017 $6,706 $598,200 $165,200 $433,000
2016 $6,538 $598,200 $165,200 $433,000
2015 $6,383 $598,200 $165,200 $433,000
2014 $6,392 $530,000 $140,400 $389,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 990136

State-Wide MLS

APN: NEWP-000039-000000-000381