NOT LISTED FOR SALE

98 Warner St Newport, RI 02840

Estimated Value: $701,000 - $847,550

5 Beds
1.5 Baths
2,450 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $362,500 $148 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,484/month

Highlights

  • 0.54 Acre Lot
  • Victorian Architecture
  • No HOA
  • Wood Flooring
  • Furnished
  • Tennis Courts

About This Home

As of April 2024

Yearly Rental - Updated 5-bedroom single-family home with three levels of living and off-street parking starting May 15th or June 1st, 2024. Located within a quiet neighborhood just a short walk to everything downtown Newport has to offer or a quick traffic-free commute to the Navy base. This home comes unfurnished and offers a recently renovated modern kitchen, tall ceilings throughout, a private fenced-in backyard with patio, a full basement with bulkhead access providing plenty of storage, and a recently finished spacious third-floor walkup providing a 5th bedroom or large office. Available for a yearly lease starting between May 15th and June 1st, 2024.

Last Agent to Rent the Property

Robert Swift

Edge Realty RI License #RES.0040245 Listed on: 03/13/2024

Last Renter's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,497

Year Built

  • Built in 1900

Lot Details

  • 0.54

Home Design

  • Victorian Architecture
  • Cottage
  • Wood Siding
  • Plaster

Interior Spaces

  • 2,450 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Furnished
  • Storage Room
  • Utility Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • 0.54 Acre Lot

Listing and Financial Details

  • Property Available on 6/1/24
  • 12 Month Lease Term
  • Assessor Parcel Number 98WARNERSTNEWP

Community Details

Recreation

  • Tennis Courts

Additional Features

  • No Home Owners Association
  • Restaurant

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,497

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-06-01
  • Security Deposit: 4000.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.54
  • Above Grade Finished Sq Ft: 2450.0
  • Architectural Style: Cabin/Cottage, Victorian
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Tub Shower, Elevator, Furnished, Cable TV
  • Living Area: 2450.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3

Exterior Features

  • Construction Type: Plaster, Wood Siding
  • Exterior Features: Barbecue

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Restaurant, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Parking
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 98WARNERSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Jan 17, 2018
Sold by
Ye Daohua
Bought by
Stoessel Neil and Stoessel Kate
Seller's Agent
Elmehdi Mechtaly
Mott & Chace Sotheby's Intl.
Buyer's Agent
Kevan Campbell
Hogan Associates Christie's
List Price
$375,000
Sold Price
$362,500
Premium/Discount to List
-$12,500
-3.33%
Current Estimated Value
$767,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,138
Avg. Annual Appreciation
9.99%
Original Mortgage
$351,625
Outstanding Balance
$296,730
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$470,908

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jul 13, 2017
Sold by
Wells Fargo Bank Na
Bought by
Ye Daohua
Seller's Agent
John Biafore
Lighthouse Real Estate Group
Buyer's Agent
Elmehdi Mechtaly
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.25%
Original Mortgage
$210,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 6, 2017
Closed on
Jun 14, 2017
Sold by
Medeiros Anna M
Bought by
Wells Fargo Bank Na
Seller's Agent
John Biafore
Lighthouse Real Estate Group
Buyer's Agent
Elmehdi Mechtaly
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2013
Sold by
Imh Assets Corp
Bought by
Petrie Kenneth W and Petrie Catherine

Purchase Details

Closed on
May 10, 2012
Sold by
Fitzpatrick Joseph E
Bought by
Deutsche Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Stoessel Neil $362,500 --
Ye Daohua $250,000 --
Wells Fargo Bank Na $240,315 --
Petrie Kenneth W $74,000 --
Deutsche Bank $76,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stoessel Neil $351,625
Previous Owner Ye Daohua $210,000
Previous Owner Petrie Kenneth W $405,000
Previous Owner Petrie Kenneth W $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2024 04/08/24 Rented $4,000 0.0% --
03/29/2024 03/29/24 Under Contract -- -- --
03/13/2024 03/13/24 For Rent $4,000 +2.6% --
06/07/2023 06/07/23 Rented $3,900 0.0% --
05/09/2023 05/09/23 For Rent $3,900 0.0% --
01/17/2018 01/17/18 Sold $362,500 -3.3% $166 / Sq Ft View Prior Sale
12/18/2017 12/18/17 Pending -- -- --
10/03/2017 10/03/17 For Sale $375,000 +50.0% $172 / Sq Ft
07/17/2017 07/17/17 Sold $250,000 0.0% $140 / Sq Ft View Prior Sale
06/17/2017 06/17/17 Pending -- -- --
01/06/2017 01/06/17 For Sale $250,000 -- $140 / 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
2025 $5,497 $632,600 $139,600 $493,000
2024 $5,200 $632,600 $139,600 $493,000
2023 $4,263 $429,700 $106,800 $322,900
2022 $4,129 $429,700 $106,800 $322,900
2021 $4,009 $429,700 $106,800 $322,900
2020 $3,426 $333,300 $96,200 $237,100
2019 $3,426 $333,300 $96,200 $237,100
2018 $3,330 $333,300 $96,200 $237,100
2017 $3,290 $293,500 $74,000 $219,500
2016 $3,208 $293,500 $74,000 $219,500
2015 $3,132 $293,500 $74,000 $219,500
2014 $3,197 $265,100 $54,500 $210,600
Source: Public Records

Agents Affiliated with this Home

  • Robert Swift

    Landlord's Agent in 2024

    Robert Swift

    Edge Realty RI

    (401) 644-9016

    13 in this area

    38 Total Sales

    Robert Swift
    Section Image
  • Edith Cushing

    Tenant's Agent in 2024

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6750

    5 in this area

    42 Total Sales

    Edith Cushing
    Section Image
  • Joe Fitzpatrick

    Buyer's Agent in 2023

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    60 in this area

    687 Total Sales

    Joe Fitzpatrick
    Section Image
  • Elmehdi Mechtaly

    Seller's Agent in 2018

    Elmehdi Mechtaly

    Mott & Chace Sotheby's Intl.

    (305) 240-1920

    2 in this area

    36 Total Sales

    Elmehdi Mechtaly
    Section Image
  • Kevan Campbell

    Buyer's Agent in 2018

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    7 in this area

    70 Total Sales

    Kevan Campbell
    Section Image
  • John Biafore

    Seller's Agent in 2017

    John Biafore

    Lighthouse Real Estate Group

    (401) 862-4041

    36 Total Sales

    John Biafore
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1354622

State-Wide MLS

APN: NEWP-000010-000043-000004

Rhode Island Newport County Newport 02840

98 Warner St, Newport, RI

Not Listed for Sale

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