NOT LISTED FOR SALE

91 Harrison Ave Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $1,908,000 - $2,619,920

6 Beds
5 Baths
3,226 Sq Ft
$735/Sq Ft Est. Value

Last Sold September 04, 2018

Last sale price $1,125,000 $349 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $14,149/month

53 Days on Market

Highlights

  • Marina
  • Wooded Lot
  • 3 Fireplaces
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of September 2018

Rare historic carriage house filled with charm. All in wonderful location near harbor and yacht clubs. Spacious and flexible floor plan includes private guest space in owner's unit. Plus one bedroom unit with fireplace and separate studio apartment.

Last Agent to Sell the Property

Chris West

Gustave White Sotheby's Realty License #REB.0013055 Listed on: 06/12/2018

Gustave White Sotheby's Realty

Last Buyer's Agent

Janet Corbin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,404

Year Built

  • Built in 1860

Lot Details

  • 0.5 Acre Lot
  • Wooded Lot

Home Design

  • Combination Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 3,226 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 3 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 8 Parking Spaces
  • No Garage

Utilities

  • Ductless Heating Or Cooling System
  • Space Heater
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 398
  • Assessor Parcel Number 91HARRISONAVNEWP

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Yacht Clubs And Harrison Ave Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Building Details

  • Operating Expense $21,378

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,404

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.5
  • Subdivision Name: Yacht Clubs and Harrison Ave
  • Above Grade Finished Sq Ft: 3226.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1860
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Interior Amenities: Skylights, Tub Shower, Cable TV
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless, 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Oil, Space Heater
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21780.0
  • Parcel #: 91HARRISONAVNEWP
  • Zoning: R120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 21378.0

Tax Info

  • Tax Annual Amount: 8404.0
  • Tax Lot: 398
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2018
Closed on
Sep 4, 2018
Sold by
Struck William J and Struck Judith D
Bought by
Jones Linda R
Seller's Agent
Chris West
Gustave White Sotheby's Realty
Buyer's Agent
Janet Corbin
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Current Estimated Value
$2,371,980

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,246,980
Avg. Annual Appreciation
10.40%
Original Mortgage
$900,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Jones Linda R $1,125,000 --
Jones Linda R $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ouvazoff Virginia R $1,280,000
Closed Jones Linda R $451,000
Closed Jones Linda R $900,000
Previous Owner Landmark Realty $232,000
Previous Owner Landmark Realty $35,000
Previous Owner Landmark Realty $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2018 09/04/18 Sold $1,125,000 -10.0% $349 / Sq Ft
08/05/2018 08/05/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $1,250,000 -- $387 / 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 $14,696 $1,787,800 $859,100 $928,700
2023 $11,061 $1,115,000 $533,600 $581,400
2022 $10,715 $1,115,000 $533,600 $581,400
2021 $10,403 $1,115,000 $533,600 $581,400
2020 $10,509 $1,022,300 $541,700 $480,600
2019 $10,509 $1,022,300 $541,700 $480,600
2018 $10,213 $1,022,300 $541,700 $480,600
2017 $8,404 $749,700 $346,300 $403,400
2016 $8,194 $749,700 $346,300 $403,400
2015 $7,999 $749,700 $346,300 $403,400
2014 $7,570 $627,700 $270,700 $357,000
Source: Public Records

Agents Affiliated with this Home

  • Chris West

    Seller's Agent in 2018

    Chris West

    Gustave White Sotheby's Realty

    (203) 994-1165

    4 in this area

    23 Total Sales

    Section Image

  • J

    Buyer's Agent in 2018

    Janet Corbin

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1194848

State-Wide MLS

APN: NEWP-000041-000000-000398

Rhode Island Newport County Newport 02840 Ocean Drive

91 Harrison Ave, Newport, RI

This home is located at 91 Harrison Ave, Newport, RI 02840 since 12 June 2018 and is currently estimated at $2,371,980, approximately $735 per square foot. This property was built in 1860. 91 Harrison Ave is a home located in Newport County with nearby schools including Rogers High School and St Michael's Country Day School.

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