J
Seller's Agent in 2022
John Tex
RI Real Estate Services
8 Boss Ct Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $1,065,000 - $1,438,000
3
Beds
2.5
Baths
1,382
Sq Ft
$893/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- Deck
- Walking Distance to Water
- 2-minute walk to Spencer Park
About This Home
As of April 2022Charming Colonial situated just off Wellington Avenue with a short walk to the yacht clubs, Newport Harbor, Thames Street, and all that downtown Newport has to offer. Featuring broad hardwood floors throughout the home, there are 2 separate bedroom suites with baths, both on the second floor. The first floor features a great room with a fireplace, a flex room that can serve as a 3rd bedroom/den/home office/formal dining room, a well-appointed kitchen with ample cabinet space, and a half-bathroom with a full sized washer and dryer tucked neatly into a double closet. There is a large private deck off the great room and the kitchen, and ample off-street parking for 3 or more vehicles. Enjoy boating, kayaking, bike riding, strolling the shops and cafes, and dining in some of the finest restaurants in the Northeast. 1031 Exchangers take note, this property is a well sought-after investment generating $50,000-$60,000 per year. Whether you're looking for a solid investment, or a future seasonal or year-round residence, come see this home. You won't want to leave.
Last Agent to Sell the Property
John Tex
RI Real Estate Services License #RES.0032922 Listed on: 01/21/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,623
Year Built
- Built in 1986
Lot Details
- 5,227 Sq Ft Lot
Home Design
- Colonial Architecture
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 1,382 Sq Ft Home
- 2-Story Property
- Zero Clearance Fireplace
- Wood Flooring
- Crawl Space
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 3 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Community Details
- Wellington/Thames Subdivision
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 490
- Assessor Parcel Number 8BOSSCTNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 21, 2022
Closed on
Apr 27, 2022
Sold by
Keenan John T and Keenan Mary E
Bought by
Schaffner Erin E
Seller's Agent
John Tex
RI Real Estate Services
Buyer's Agent
Kate Rooney
Gustave White Sotheby's Realty
List Price
$995,000
Sold Price
$908,000
Premium/Discount to List
-$87,000
-8.74%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,998
Avg. Annual Appreciation
8.87%
Original Mortgage
$726,400
Outstanding Balance
$680,501
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$553,497
Purchase Details
Listed on
Oct 9, 2020
Closed on
Oct 5, 2020
Sold by
Ranalli Alfredo
Bought by
Keenan John T and Keenan Mary E
Seller's Agent
Kelly Moran
William Raveis Inspire
Buyer's Agent
Kelly Moran
William Raveis Inspire
Sold Price
$2,600
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.25%
Original Mortgage
$500,000
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schaffner Erin E | $908,000 | None Available | |
| Keenan John T | $625,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schaffner Erin E | $726,400 | |
| Previous Owner | Keenan John T | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/27/2022 04/27/22 | Sold | $908,000 | -8.7% | $657 / Sq Ft | |
| 02/05/2022 02/05/22 | Pending | -- | -- | -- | |
| 01/21/2022 01/21/22 | For Sale | $995,000 | 0.0% | $720 / Sq Ft | |
| 10/29/2021 10/29/21 | Rented | $13,000 | 0.0% | -- | |
| 09/29/2021 09/29/21 | Under Contract | -- | -- | -- | |
| 08/31/2021 08/31/21 | For Rent | $13,000 | +364.3% | -- | |
| 08/25/2021 08/25/21 | Rented | $2,800 | 0.0% | -- | |
| 07/26/2021 07/26/21 | Under Contract | -- | -- | -- | |
| 02/27/2021 02/27/21 | For Rent | $2,800 | -76.7% | -- | |
| 12/22/2020 12/22/20 | Rented | $12,000 | 0.0% | -- | |
| 11/22/2020 11/22/20 | Under Contract | -- | -- | -- | |
| 11/16/2020 11/16/20 | For Rent | $12,000 | +361.5% | -- | |
| 11/12/2020 11/12/20 | Rented | $2,600 | -7.1% | -- | |
| 10/13/2020 10/13/20 | Under Contract | -- | -- | -- | |
| 10/09/2020 10/09/20 | For Rent | $2,800 | 0.0% | -- | |
| 10/08/2020 10/08/20 | Sold | $625,000 | -5.3% | $383 / Sq Ft | View Prior Sale |
| 09/08/2020 09/08/20 | Pending | -- | -- | -- | |
| 08/14/2020 08/14/20 | For Sale | $660,000 | 0.0% | $404 / Sq Ft | |
| 08/18/2018 08/18/18 | Rented | $7,000 | +150.0% | -- | |
| 07/19/2018 07/19/18 | Under Contract | -- | -- | -- | |
| 05/09/2018 05/09/18 | For Rent | $2,800 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,919 | $911,400 | $469,000 | $442,400 |
| 2024 | $7,460 | $907,500 | $469,000 | $438,500 |
| 2023 | $5,979 | $602,700 | $306,600 | $296,100 |
| 2022 | $5,792 | $602,700 | $306,600 | $296,100 |
| 2021 | $5,623 | $602,700 | $306,600 | $296,100 |
| 2020 | $5,486 | $533,700 | $247,100 | $286,600 |
| 2019 | $5,486 | $533,700 | $247,100 | $286,600 |
| 2018 | $5,332 | $533,700 | $247,100 | $286,600 |
| 2017 | $5,190 | $463,000 | $176,800 | $286,200 |
| 2016 | $5,061 | $463,000 | $176,800 | $286,200 |
| 2015 | $4,940 | $463,000 | $176,800 | $286,200 |
| 2014 | $5,275 | $437,400 | $136,600 | $300,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
Edward Johnson
E
Seller Co-Listing Agent in 2022
Edward Johnson
RI Real Estate Services
(401) 523-8983
1 in this area
26 Total Sales
-
Kate Rooney
Buyer's Agent in 2022
Kate Rooney
Gustave White Sotheby's Realty
(401) 636-7894
1 in this area
63 Total Sales
-
Kelly Moran
Seller's Agent in 2021
Kelly Moran
William Raveis Inspire
(631) 807-2198
1 in this area
37 Total Sales
-
Tom Rao
Buyer's Agent in 2021
Tom Rao
Hogan Associates Christie's
(401) 474-9004
4 in this area
25 Total Sales
-
Shelley Mathes
S
Seller's Agent in 2020
Shelley Mathes
Americas Real Estate Assoc.
(401) 846-1880
3 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1301812
APN: NEWP-000039-000000-000490
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