8 Lucas Ave Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $717,000 - $982,000
2
Beds
2.5
Baths
1,109
Sq Ft
$785/Sq Ft
Est. Value
Highlights
- Marina
- Cottage
- Thermal Windows
- Wood Flooring
- 3 Car Detached Garage
- 4-minute walk to Spencer Park
About This Home
As of January 2019The perfect downtown home within a short distance to all the shops and restaurants Newport has to offer! This two bedroom, 2 1/2 bath home boasts hardwood floors throughout the downstairs, a half bath and generous living area with french doors leading to a deck and large fenced yard. The gourmet kitchen has been fully renovated with granite counter tops and gas cooking stove. Upstairs there are two master suites each with their own renovated bathroom plus a separate laundry room. Central air plus split systems keep this charming home nice and cool on hot summer nights. The bonus to this house? THREE car garage with THREE additional parking spaces. Taxes are currently being reassessed. Solid rental history.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0040224 Listed on: 06/14/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,237
Year Built
- Built in 1890
Lot Details
- 3,920 Sq Ft Lot
- Fenced
- Property is zoned R10
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Cottage
- Stone Foundation
Interior Spaces
- 1,109 Sq Ft Home
- 2-Story Property
- Skylights
- Thermal Windows
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Porch
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Air
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 306 & 334
- Assessor Parcel Number 8LUCASAVNEWP
Community Details
Recreation
- Marina
Additional Features
- Fifth Ward/Downtown Subdivision
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 12, 2023
Sold by
Burns Richard
Bought by
Rowden Thomas S and Rowden Suzanne M
Total Days on Market
173
Current Estimated Value
Purchase Details
Listed on
Jun 14, 2018
Closed on
Dec 20, 2018
Sold by
Gatta Derek B
Bought by
Rowden Thomas S and Rowden Suzanne M
Seller's Agent
Jessica Chase
Gustave White Sotheby's Realty
Buyer's Agent
Christopher Woodard
Keller Williams Coastal
List Price
$625,000
Sold Price
$540,000
Premium/Discount to List
-$85,000
-13.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$432,000
Interest Rate
4.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Oct 19, 2013
Closed on
Apr 25, 2014
Sold by
Heinemann Peter
Bought by
Gatta Derek B
Seller's Agent
Elizabeth Taber
Gustave White Sotheby's Realty
Buyer's Agent
Elizabeth Taber
Gustave White Sotheby's Realty
List Price
$525,000
Sold Price
$460,000
Premium/Discount to List
-$65,000
-12.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$436,450
Interest Rate
4.36%
Mortgage Type
FHA
Purchase Details
Closed on
May 30, 2008
Sold by
Escobar Francis and Gadrow Carolina M
Bought by
Heinemann Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newport, RI
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 |
|---|---|---|---|
| Rowden Thomas S | $460,000 | None Available | |
| Rowden Thomas S | $540,000 | -- | |
| Gatta Derek B | $460,000 | -- | |
| Heinemann Peter | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Rowden Thomas S | $433,300 | |
| Previous Owner | Rowden Thomas S | $432,000 | |
| Previous Owner | Rowden Thomas S | $432,000 | |
| Previous Owner | Gatta Derek B | $433,860 | |
| Previous Owner | Heinemann Peter | $436,450 | |
| Previous Owner | Heinemann Peter | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/04/2019 01/04/19 | Sold | $540,000 | -13.6% | $487 / Sq Ft |
| 12/05/2018 12/05/18 | Pending | -- | -- | -- |
| 06/14/2018 06/14/18 | For Sale | $625,000 | +35.9% | $564 / Sq Ft |
| 04/25/2014 04/25/14 | Sold | $460,000 | -12.4% | $362 / Sq Ft |
| 03/26/2014 03/26/14 | Pending | -- | -- | -- |
| 10/19/2013 10/19/13 | For Sale | $525,000 | -- | $414 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $5,185 | $743,900 | $400,000 | $343,900 |
| 2023 | $4,880 | $491,900 | $261,500 | $230,400 |
| 2022 | $4,727 | $491,900 | $261,500 | $230,400 |
| 2021 | $4,589 | $491,900 | $261,500 | $230,400 |
| 2020 | $4,187 | $407,300 | $221,800 | $185,500 |
| 2019 | $4,187 | $407,300 | $221,800 | $185,500 |
| 2018 | $4,019 | $402,300 | $216,800 | $185,500 |
| 2017 | $3,665 | $326,900 | $155,100 | $171,800 |
| 2016 | $3,573 | $326,900 | $155,100 | $171,800 |
| 2015 | $3,488 | $326,900 | $155,100 | $171,800 |
| 2014 | $3,513 | $291,300 | $131,800 | $159,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Chase
Seller's Agent in 2019
Jessica Chase
Gustave White Sotheby's Realty
(401) 864-3596
11 in this area
88 Total Sales
-
Christopher Woodard
Buyer's Agent in 2019
Christopher Woodard
Keller Williams Coastal
(401) 845-9200
1 in this area
262 Total Sales
-
E
Seller's Agent in 2014
Elizabeth Taber
Gustave White Sotheby's Realty
Map
Source: State-Wide MLS
MLS Number: 1193156
APN: NEWP-000039-000000-000306
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