NOT LISTED FOR SALE

8 Gillies Ct Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $747,000 - $1,030,000

3 Beds
1.5 Baths
1,284 Sq Ft
$664/Sq Ft Est. Value

Last Sold June 05, 2014

Last sale price $232,500 $181 Per Sq Ft

Est. 267% increase in value since last sale

Current estimated payment $5,142/month

27 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Walking Distance to Water
  • Wood Flooring
  • Cottage
  • 3-minute walk to Harry G. Hogan Memorial Field

About This Home

As of June 2014

Classic Newport cottage tucked away on a dead end street abutting estate land. Great opportunity to put some TLC into the property and call it your own. Features include a fenced yard, hardwoods, gas heat, dining room and deck. Worth the look!

Last Agent to Sell the Property

The Hadfield Group

Hogan Associates Christie's Listed on: 04/08/2014

Last Buyer's Agent

Kevin Barrett

BerkshireHathaway HomeServices License #RES.0034864

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,449

Year Built

  • Built in 1930

Lot Details

  • 1,742 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,284 Sq Ft Home
  • 2-Story Property
  • Storm Windows

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 468
  • Assessor Parcel Number 8GILLIESCTNEWP

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • Fifth Ward/Roseneath Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,449

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: FIFTH WARD/ROSENEATH
  • Above Grade Finished Sq Ft: 1284.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 1284.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 1742.0
  • Parcel #: 8GILLIESCTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3449.0
  • Tax Lot: 468
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2014
Closed on
Jun 5, 2014
Sold by
Lichtenberg Margaret
Bought by
Syphers Kevin A and Syphers Lisa
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
Kevin Barrett
BerkshireHathaway HomeServices
List Price
$249,000
Sold Price
$232,500
Premium/Discount to List
-$16,500
-6.63%
Current Estimated Value
$852,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$619,744
Avg. Annual Appreciation
11.73%
Original Mortgage
$132,500
Outstanding Balance
$44,095
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$759,855

Purchase Details

Closed on
Apr 9, 1990
Sold by
Lynch John
Bought by
Lechtenberg Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
10.22%
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
Syphers Kevin A $232,500 --
Lechtenberg Margaret $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lechtenberg Margaret $132,500
Previous Owner Lechtenberg Margaret $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2014 06/05/14 Sold $232,500 -6.6% $181 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $249,000 -- $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 $5,708 $694,400 $336,400 $358,000
2023 $4,509 $454,500 $219,900 $234,600
2022 $4,368 $454,500 $219,900 $234,600
2021 $4,240 $454,500 $219,900 $234,600
2020 $3,876 $377,000 $216,700 $160,300
2019 $3,876 $377,000 $216,700 $160,300
2018 $3,766 $377,000 $216,700 $160,300
2017 $2,709 $241,700 $155,100 $86,600
2016 $2,642 $241,700 $155,100 $86,600
2015 $2,579 $241,700 $155,100 $86,600
2014 $3,552 $294,500 $131,800 $162,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    The Hadfield Group

    Hogan Associates Christie's

    (401) 207-0083

    5 in this area

    111 Total Sales

    Section Image

  • K

    Buyer's Agent in 2014

    Kevin Barrett

    BerkshireHathaway HomeServices

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1064298

State-Wide MLS

APN: NEWP-000039-000000-000468

Rhode Island Newport County Newport 02840 Fifth Ward

8 Gillies Ct, Newport, RI

This home is located at 8 Gillies Ct, Newport, RI 02840 since 08 April 2014 and is currently estimated at $852,244, approximately $663 per square foot. This property was built in 1930. 8 Gillies Ct is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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