$160,000
SOLD OCT 1, 2015

8 Green Ln Newport, RI 02840

North End Commercial Neighborhood
2 Beds
1.5 Baths
1,826 Sq Ft
3,702 Sq Ft Lot

Recently Sold

$88 Per Sq Ft

33% Below List Price

15 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Cul-De-Sac
  • Game Room
  • 2 Car Detached Garage
  • Storm Windows

About This Home

As of February 2016

Charming Bungalow on cul de sac in Newport's North End. 2 bed 1.5 bath w/ hardwoods & fireplace. Three car garage w/ 2 garage doors & service door. Needs work. Perfect opportunity for investors/contractors or 203K Renovation Loan. Priced to sell.

Last Agent to Sell the Property

Louis Upham

Coldwell Banker Realty License #RES.0028259 Listed on: 09/15/2015

Coldwell Banker Realty

Last Buyer's Agent

Jack McVicker

RE/MAX Profnl. Newport, Inc. License #RES.0030718

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,738

Year Built

  • Built in 1930

Lot Details

  • 3,702 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned R10

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Fixer Upper
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1-Story Property
  • Dry Bar
  • Fireplace Features Masonry
  • Game Room
  • Storage Room
  • Utility Room

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 261
  • Assessor Parcel Number 8GREENELANENEWP

Community Details

Overview

  • North End Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,738

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.085
  • Subdivision Name: NORTH END BROADWAY
  • Above Grade Finished Sq Ft: 1026.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 800.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Dry Bar
  • Living Area: 1826.0
  • Dining Room Type: Bathroom, Game Room, Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Plaster, Wood Siding, Vinyl Siding
  • Foundation Details: Concrete Perimeter, See Remarks
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3702.0
  • Parcel #: 8GREENELANENEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2738.0
  • Tax Lot: 261
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2015
Closed on
Feb 9, 2016
Sold by
Petrucci Alexander
Bought by
Martins Jeri A
Seller's Agent
Hillary Olinger
Hogan Associates Christie's
Buyer's Agent
Michelle Gilman
William Raveis Inspire
List Price
$319,000
Sold Price
$308,000
Premium/Discount to List
-$11,000
-3.45%
Current Estimated Value
$749,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,985
Avg. Annual Appreciation
9.10%
Original Mortgage
$246,400
Outstanding Balance
$198,171
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$503,195
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 Type Sale Price Title Company
Warranty Deed $308,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $30,000 Unknown
Open $246,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2016 02/09/16 Sold $308,000 -3.4% $169 / Sq Ft
01/10/2016 01/10/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $319,000 +99.4% $175 / Sq Ft
10/01/2015 10/01/15 Sold $160,000 -33.1% $88 / Sq Ft
09/15/2015 09/15/15 For Sale $239,000 -- $131 / 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 $3,427 $491,700 $206,900 $284,800
2023 $3,321 $334,800 $146,200 $188,600
2022 $3,217 $334,800 $146,200 $188,600
2021 $3,124 $334,800 $146,200 $188,600
2020 $3,211 $312,400 $128,400 $184,000
2019 $3,211 $312,400 $128,400 $184,000
2018 $3,121 $312,400 $128,400 $184,000
2017 $2,876 $256,600 $75,000 $181,600
2016 $2,805 $256,600 $75,000 $181,600
2015 $2,738 $256,600 $75,000 $181,600
2014 $2,515 $208,500 $67,100 $141,400
Source: Public Records

Agents Affiliated with this Home

  • Hillary Olinger

    Seller's Agent in 2016

    Hillary Olinger

    Hogan Associates Christie's

    (401) 225-1705

    49 Total Sales

    Hillary Olinger
    Section Image
  • Michelle Gilman

    Buyer's Agent in 2016

    Michelle Gilman

    William Raveis Inspire

    (401) 743-6931

    13 Total Sales

    Michelle Gilman
    Section Image

  • L

    Seller's Agent in 2015

    Louis Upham

    Coldwell Banker Realty

    Section Image
  • Jack McVicker

    Buyer's Agent in 2015

    Jack McVicker

    RE/MAX Profnl. Newport, Inc.

    (401) 829-1601

    22 Total Sales

    Jack McVicker
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1107752

State-Wide MLS

APN: NEWP-000007-000000-000261

Rhode Island Newport County Newport 02840 North End Commercial

8 Green Ln, Newport, RI

This home is located at 8 Green Ln, Newport, RI 02840 and is currently priced at $160,000, approximately $87 per square foot. This property was built in 1930. 8 Green Ln 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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