Holly McLear
Hogan Associates Christie's
(401) 324-1191
35 Total Sales
6 in Newport
$345K - $1.6M Price Range
8 Ledyard St Newport, RI 02840
Newport AreaEstimated Value: $936,000 - $1,099,000
8
Beds
3
Baths
5,206
Sq Ft
$196/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Public Transportation
- Property near a hospital
- Bathtub
- Shops
- Baseboard Heating
About This Home
As of October 2021Investment property with uninterrupted lease history located in Newport, just off Broadway. Large 3 bedroom units on first and second floor, and one 2-3 bedroom on third floor. Off street parking, large basement for storage, easy maintenance vinyl exterior, and low expenses make this three family worth taking a look. All utilities are separate and heating is efficient natural gas. Laundry located in units 2 and 3 and easy basement access to laundry for first floor. Walk to downtown and close to bus line.
All offers must be received by 4pm May 31, 2021
Last Agent to Sell the Property
First Resort, LLC License #REC.0018932 Listed on: 05/24/2021
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,345
Year Built
- Built in 1900
Lot Details
- 4,740 Sq Ft Lot
- Fenced
Home Design
- Stone Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 5,206 Sq Ft Home
- 3-Story Property
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
- Bathtub
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 198
- Assessor Parcel Number 8LEDYARDSTNEWP
Community Details
Amenities
- Shops
- Public Transportation
Additional Features
- 3 Units
- Operating Expense $20,691
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2021
Closed on
Oct 12, 2021
Sold by
Suzanne C Gibson Irt
Bought by
Seller's Agent
Patrick McGrath
First Resort, LLC
Buyer's Agent
Patrick McGrath
First Resort, LLC
List Price
$499,000
Sold Price
$699,000
Premium/Discount to List
$200,000
40.08%
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
$322,243
Avg. Annual Appreciation
8.10%
Original Mortgage
$640,109
Outstanding Balance
$572,199
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$449,044
Purchase Details
Closed on
Nov 6, 2019
Sold by
Gibson Suzanne C
Bought by
Suzanne C Gibson Irt
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newport, RI
-
Holly McLear
-
Samuel Alba
Samuel Alba
Responds QuicklyInnovations Realty
(401) 406-4077
511 Total Sales
3 in Newport
$405K - $1.1M Price Range
-
Michele Doherty
Michele Doherty
Lila Delman Compass
(774) 713-9477
63 Total Sales
2 in Newport
$1.4M - $1.6M Price Range
-
Courtney Grady
Courtney Grady
Elite Property Group
(401) 340-2858
72 Total Sales
1 in Newport
$475,000 Price
-
Lucas Barry
Lucas Barry
Paramount Properties Group
(401) 407-6329
13 Total Sales
3 in Newport
$312K - $2.4M Price Range
-
Quentin Warren
Quentin Warren
Gustave White Sotheby's Realty
(401) 341-1517
3 Total Sales
1 in Newport
$3,950,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $699,000 | None Available | ||
| Suzanne C Gibson Irt | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $173,600 | ||
| Open | Canning-Pitassi Nicole | $640,109 | |
| Previous Owner | Gibson Suzanne C | $170,000 | |
| Previous Owner | Gibson Peter | $100,000 | |
| Previous Owner | Gibson Peter D | $55,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $699,000 | +40.1% | $134 / Sq Ft |
| 09/12/2021 09/12/21 | Pending | -- | -- | -- |
| 05/24/2021 05/24/21 | For Sale | $499,000 | -- | $96 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,742 | $799,700 | $217,400 | $582,300 |
| 2024 | $6,574 | $799,700 | $217,400 | $582,300 |
| 2023 | $5,166 | $520,800 | $153,600 | $367,200 |
| 2022 | $5,005 | $520,800 | $153,600 | $367,200 |
| 2021 | $4,859 | $520,800 | $153,600 | $367,200 |
| 2020 | $4,093 | $398,200 | $129,700 | $268,500 |
| 2019 | $4,093 | $398,200 | $129,700 | $268,500 |
| 2018 | $3,978 | $398,200 | $129,700 | $268,500 |
| 2017 | $4,307 | $384,200 | $99,700 | $284,500 |
| 2016 | $4,199 | $384,200 | $99,700 | $284,500 |
| 2015 | $4,099 | $384,200 | $99,700 | $284,500 |
| 2014 | $4,061 | $336,700 | $99,700 | $237,000 |
Source: Public Records
Agents Affiliated with this Home
-
Patrick McGrath
PM
Seller's Agent in 2021
Patrick McGrath
First Resort, LLC
(401) 640-1766
5 Total Sales
-
EM
Buyer Co-Listing Agent in 2021
Elmehdi Mechtaly
Map
Source: State-Wide MLS
MLS Number: 1283648
APN: NEWP-000006-000000-000198
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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