NOT LISTED FOR SALE

72 Connection St Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $822,000 - $1,023,490

4 Beds
1.5 Baths
1,576 Sq Ft
$602/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $875,000 $555 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,503/month

2 Days on Market

Highlights

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

About This Home

As of March 2024

Welcome to 72 Connection Street! Nestled in Newport's most desirable neighborhood, this home is located in the heart of the Fifth Ward, a family neighborhood with abundance of history and charm. Your new home is just steps to the water, restaurants, shopping and more! Upon entering the home, you will find lots of character throughout. Off the main entryway, you are greeted by a formal living room, a formal dining room, a den, and a large eat-in kitchen that leads to a private and adorable backyard. Upstairs, four bedrooms with closet space, including a versatile home office option, and a full bath provide ample space for family and guest. King's Beach, also known as King's Park, is located just a block away and offers the most beautiful sunsets over the water, a great space for family picnics, local little league games, live music on Sundays and fireworks throughout the summer. This home has been loved for many generations and awaits a new chapter to unfold.

Last Agent to Sell the Property

Marielle Clair

RI Properties License #RES.0048292 Listed on: 03/04/2024

Co-Listed By

Brianna Ferrara

RI Properties License #RES.0048224

Last Buyer's Agent

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,557

Year Built

  • Built in 1880

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned R-10

Parking

  • No Garage

Home Design

  • Cottage
  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 421
  • Assessor Parcel Number 72CONNECTIONSTNEWP

Community Details

Overview

  • Fifth Ward Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,557

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: RIPRO
  • Co List Office Phone: 401-885-8888
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 1576.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub
  • Living Area: 1576.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 72CONNECTIONSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5557.0
  • Tax Lot: 421
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2024
Closed on
Mar 21, 2024
Sold by
Mitchell Mildred A
Bought by
Clark Andrew and Clark Christine
Seller's Agent
Marielle Clair
RI Properties
Buyer's Agent
Grace Cimo
Gustave White Sotheby's Realty
List Price
$875,000
Sold Price
$875,000
Views
46
Current Estimated Value
$948,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,123
Avg. Annual Appreciation
4.86%

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 14, 2020
Sold by
Connell John W and Full Jane M
Bought by
Mitchell Mildred A
Seller's Agent
Darci Acomb
New England Premier R.E.
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$610,000
Sold Price
$633,000
Premium/Discount to List
$23,000
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$474,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Clark Andrew $875,000 None Available
Mitchell Mildred A $633,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell Mildred A $474,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2024 03/22/24 Sold $875,000 0.0% $555 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $875,000 +38.2% $555 / Sq Ft
09/28/2020 09/28/20 Sold $633,000 +3.8% $449 / Sq Ft View Prior Sale
08/29/2020 08/29/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $610,000 -- $432 / 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 $6,129 $853,600 $371,100 $482,500
2024 $7,017 $853,600 $371,100 $482,500
2023 $5,557 $560,200 $242,600 $317,600
2022 $5,384 $560,200 $242,600 $317,600
2021 $5,184 $555,600 $242,600 $313,000
2020 $4,356 $423,700 $219,600 $204,100
2019 $4,356 $423,700 $219,600 $204,100
2018 $4,233 $423,700 $219,600 $204,100
2017 $3,880 $346,100 $157,000 $189,100
2016 $3,783 $346,100 $157,000 $189,100
2015 $3,693 $346,100 $157,000 $189,100
2014 $3,804 $315,400 $133,500 $181,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marielle Clair

    RI Properties

    (401) 662-0404

    2 in this area

    7 Total Sales

    Marielle Clair
    Section Image

  • B

    Seller Co-Listing Agent in 2024

    Brianna Ferrara

    RI Properties

    (401) 662-1492

    2 in this area

    4 Total Sales

    Brianna Ferrara
    Section Image
  • Grace Cimo

    Buyer's Agent in 2024

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    10 in this area

    85 Total Sales

    Grace Cimo
    Section Image
  • Darci Acomb

    Seller's Agent in 2020

    Darci Acomb

    New England Premier R.E.

    (508) 615-6903

    2 in this area

    40 Total Sales

    Darci Acomb
    Section Image
  • Ryan Hazinakis

    Buyer's Agent in 2020

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    4 in this area

    120 Total Sales

    Ryan Hazinakis
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1353974

State-Wide MLS

APN: NEWP-000039-000000-000421

Rhode Island Newport County Newport 02840 Fifth Ward

72 Connection St, Newport, RI

Not Listed for Sale

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