$460,000
SOLD APR 25, 2014

8 Lucas Ave Newport, RI 02840

Fifth Ward Neighborhood
2 Beds
2.5 Baths
1,269 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$362 Per Sq Ft

12% Below List Price

157 Days on Market

Highlights

  • Spa
  • Cottage
  • 3 Car Detached Garage
  • Wood Flooring
  • Walking Distance to Water
  • 4-minute walk to Spencer Park

About This Home

As of January 2019

Walk to everything,new inside & out, enjoy a light-filled Open Floor Plan, hwds, Gourmet Kitchen w/granite tops & french drs to yard. 2 mster suites w/ lux baths w/skylights & lndry. New exterior, insul, windows, heat. Includes Extra Lot w/3 car gar

Last Agent to Sell the Property

Elizabeth Taber

Gustave White Sotheby's Realty License #REB.0016259 Listed on: 10/19/2013

Last Buyer's Agent

Elizabeth Taber

Gustave White Sotheby's Realty License #REB.0016259 Listed on: 10/19/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,001

Year Built

  • Built in 1890

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Property is zoned R-10

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Stone Foundation

Interior Spaces

  • 1,269 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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Satellite Dish

Community Details

  • Fifth Ward Subdivision
  • Public Transportation

Listing and Financial Details

  • Tax Lot 306 & 334
  • Assessor Parcel Number 8LUCASAVNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,001

Year Built

Built in 1890

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: FIFTH WARD
  • Above Grade Finished Sq Ft: 1269.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Skylights
  • Living Area: 1269.0
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • Lot Features: Multiple lots
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Other
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3920.0
  • Parcel #: 8LUCASAVNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5001.0
  • Tax Lot: 306 & 334
  • Tax Year: 2013

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
157
Current Estimated Value
$870,808

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
Source: Public Records

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Range of Values:

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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 $460,000 None Available
Warranty Deed $540,000 --
Warranty Deed $460,000 --
Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $433,300 Stand Alone Refi Refinance Of Original Loan
Previous Owner $432,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $432,000 New Conventional
Previous Owner $433,860 VA
Previous Owner $436,450 FHA
Previous Owner $280,000 Purchase Money Mortgage
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

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 $5,185 $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

    Jessica Chase
    Section Image
  • Christopher Woodard

    Buyer's Agent in 2019

    Christopher Woodard

    Keller Williams Coastal

    (401) 845-9200

    1 in this area

    262 Total Sales

    Christopher Woodard
    Section Image

  • E

    Seller's Agent in 2014

    Elizabeth Taber

    Gustave White Sotheby's Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1053680

State-Wide MLS

APN: NEWP-000039-000000-000306

Rhode Island Newport County Newport 02840 Fifth Ward

8 Lucas Ave, Newport, RI

This home is located at 8 Lucas Ave, Newport, RI 02840 and is currently priced at $460,000, approximately $362 per square foot. This property was built in 1890. 8 Lucas Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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