80 Connection St Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $958,000 - $1,202,624
3
Beds
2
Baths
1,920
Sq Ft
$550/Sq Ft
Est. Value
About This Home
As of August 2022If you want to be in Newport's Fifth Ward and have one level living, this is a rare opportunity. Currently set up as a four bedroom home, if you only want three bedrooms, the former 2 car garage with the install of garage doors, can be easily converted back or - just keep it is as is- a great room/studio that already has sliders to a side patio. The driveway accommodates 2 + cars. The property, sited on a corner double lot of 9,300 square feet , enjoys lots of privacy and when you sit on the 310 square foot rear deck admiring the mature landscaping planted by the current owner, you feel like you are on vacation every day. There is good sized Primary bedroom with en suite bathroom with double closets, a modernized hall bathroom, a dining room of the galley kitchen, laundry room, and Fireplaced living room. There are also two other bedrooms. A bit of tweaking and this 1970's ranch could have a glamorous mid- century vibe. The heart of the house will be the family room with its sliders to the back yard. The Narraganset Bay breezes billow the sheer curtains and reminds us of why we love City by the Sea. The shed in the back yard can hold all of your beach toys, bikes etc. This floor plan validates why ranches are a classic American design. 80 Connection has a newer roof, Pella windows, gas heat and 40 gallon gas hot water tank, 100 AMP service, and an attic for good storage. There is easy access to King's Park and downtown Newport.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0046431 Listed on: 05/11/2022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2022
Closed on
Aug 18, 2022
Sold by
Kathleen S Dwyer Lt
Bought by
Blosser Emily G
Seller's Agent
Sara Hayes
Gustave White Sotheby's Realty
Buyer's Agent
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
List Price
$1,050,000
Sold Price
$850,000
Premium/Discount to List
-$200,000
-19.05%
Total Days on Market
52
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
$205,406
Avg. Annual Appreciation
8.01%
Original Mortgage
$765,000
Outstanding Balance
$731,142
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$324,264
Purchase Details
Closed on
Mar 30, 2015
Sold by
Dwyer Kathleen S
Bought by
Kathleen S Dwyer Lt
Purchase Details
Closed on
Apr 14, 2014
Sold by
Dwyer Charles M and Dwyer Kathleen S
Bought by
Dwyer Kathleen S
Purchase Details
Closed on
Mar 15, 2013
Sold by
Dwyer Charles M and Dwyer Kathleen S
Bought by
Dwyer Charles M and Dwyer Kathleen S
Purchase Details
Closed on
Oct 28, 1988
Sold by
Robinson William
Bought by
Dwyer Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
10.32%
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 |
|---|---|---|---|
| Blosser Emily G | $850,000 | None Available | |
| Kathleen S Dwyer Lt | -- | -- | |
| Dwyer Kathleen S | -- | -- | |
| Dwyer Charles M | -- | -- | |
| Dwyer Charles | $163,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Blosser Emily G | $25,000 | |
| Open | Blosser Emily G | $765,000 | |
| Previous Owner | Dwyer Charles | $144,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2022 08/18/22 | Sold | $850,000 | -5.0% | $443 / Sq Ft |
| 07/03/2022 07/03/22 | Pending | -- | -- | -- |
| 06/03/2022 06/03/22 | Price Changed | $895,000 | -10.1% | $466 / Sq Ft |
| 05/17/2022 05/17/22 | Price Changed | $995,000 | -5.2% | $518 / Sq Ft |
| 05/11/2022 05/11/22 | For Sale | $1,050,000 | -- | $547 / 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 | $7,123 | $866,500 | $544,100 | $322,400 |
| 2023 | $5,566 | $561,100 | $355,700 | $205,400 |
| 2022 | $5,392 | $561,100 | $355,700 | $205,400 |
| 2021 | $5,235 | $561,100 | $355,700 | $205,400 |
| 2020 | $5,069 | $493,100 | $262,100 | $231,000 |
| 2019 | $5,069 | $493,100 | $262,100 | $231,000 |
| 2018 | $4,926 | $493,100 | $262,100 | $231,000 |
| 2017 | $4,372 | $390,000 | $187,500 | $202,500 |
| 2016 | $4,263 | $390,000 | $187,500 | $202,500 |
| 2015 | $4,161 | $390,000 | $187,500 | $202,500 |
| 2014 | $4,489 | $372,200 | $159,400 | $212,800 |
Source: Public Records
Agents Affiliated with this Home
-
Sara Hayes
S
Seller's Agent in 2022
Sara Hayes
Gustave White Sotheby's Realty
(401) 474-6789
1 in this area
18 Total Sales
-
Michelle Drum
Seller Co-Listing Agent in 2022
Michelle Drum
Gustave White Sotheby's Realty
(401) 265-3423
3 in this area
68 Total Sales
-
Stephanie Guinan
Buyer's Agent in 2022
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
6 in this area
20 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1309771
APN: NEWP-000039-000000-000387
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