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Sold for $2,250,000
  • $2,250,000

    5 Wellington Ave, Newport, RI 02840

    4beds
    2,661sqft
    Single Family Residence
    Built in 1900
    2,469 Square Feet Lot
    $2,405,800 Zestimate®
    $846/sqft
    $7,198 Estimated rent

    Home value

    $2,405,800

    $2.24M - $2.62M

    $7,198/mo

    Zestimate® history
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    What's special

    Luxury living awaits at 5 Wellington Avenue. This 4-bedroom, 4-bathroom gem was meticulously renovated in 2023 and is located in the heart of Downtown Newport. Enjoy living steps off of Thames Street, next to the local restaurants, shops, and marinas - with views of Newport Harbor, New York Yacht Club and Fort Adams from the custom oversized roof deck. Style, sophistication, space and systems were all addressed in this Cordsten designed home and no detail was overlooked in the construction. Italian and Spanish marble and tile adorn the interiors, and custom marble countertops grace each bathroom. The exterior features low-maintenance Hardie board siding and PVC trim, along with an Ipe front porch and mahogany roof deck. Inside, find 8-inch white oak flooring and a custom closet system in the primary bedroom suite. The kitchen boasts high end appliances including a Sub Zero fridge and wine fridge in the custom built bar, a Wolf range, Miele dishwasher, and Sharp microwave drawer. Kohler products were installed for all plumbing fixtures. Mechanical highlights include spray foam insulation, CAT 6 cabling, Nest thermostats, a new hydro heating system, new HVAC, plumbing, and a lifetime-warranty basement waterproofing system. Pre-wired speakers and an AV hub enhance the tech-forward design and allow plenty of opportunity for entertainment. Other key features include Anderson 400 windows, new gutters, and all-new electrical. Experience the apex of the Newport experience.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fitzpatrick Team 401-848-7827,

    RE/MAX Results

    Bought with:

    Tammy Bass, RES.0040116

    Hogan Associates Christie's

    Source: StateWide MLS RI,MLS#: 1343526MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Central Air, Central, Hydro-Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Dishwasher, Exhaust Fan, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator
    Features
    • Plumbing (Copper), Plumbing (PVC), Insulation (Ceiling), Insulation (Walls)
    • Flooring: Hardwood, Marble, Other
    • Basement: Full,Interior Entry,Partially Finished,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,661
    • Total interior livable area: 2,661 sqft
    • Finished area above ground: 2,661
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 3
    • Parking features: No Garage
    Features
    • Patio & porch: Deck, Patio, Porch
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2,469 Square Feet
    Details
    • Parcel number: NEWPM039B0043L4
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial
    • Property subtype: Single Family Residence
    Materials
    • Clapboard, Other Siding
    • Foundation: Concrete Perimeter, Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $846/sqft
    • Tax assessed value: $1,825,400
    • Annual tax amount: $6,967
    • Date on market: 9/8/2023
    • Inclusions: Taxes shown are resident tax rate.

    Price history

    DateEventPrice
    1/5/2024Sold$2,250,000-2%$846/sqft
    Source: StateWide MLS RI #1343526 Report a problem
    10/8/2023Contingent$2,295,000$862/sqft
    Source: StateWide MLS RI #1343526 Report a problem
    9/27/2023Price change$2,295,000-4.4%$862/sqft
    Source: StateWide MLS RI #1343526 Report a problem
    9/8/2023Listed for sale$2,400,000$902/sqft
    Source: StateWide MLS RI #1343526 Report a problem
    9/8/2023Listing removed--
    Source: StateWide MLS RI #1341426 Report a problem
    8/11/2023Listed for sale$2,400,000+166.7%$902/sqft
    Source: StateWide MLS RI #1341426 Report a problem
    10/21/2022Sold$900,000-9.8%$338/sqft
    Source: StateWide MLS RI #1320527 Report a problem
    9/24/2022Contingent$998,000$375/sqft
    Source: StateWide MLS RI #1320527 Report a problem
    9/20/2022Price change$998,000-6.3%$375/sqft
    Source: StateWide MLS RI #1320527 Report a problem
    9/2/2022Listed for sale$1,065,000+70900%$400/sqft
    Source: StateWide MLS RI #1319203 Report a problem
    12/22/2006Sold$1,500$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,106 -12.7%$1,825,400
    2024$15,005 +144.3%$1,825,400 +185.7%
    2023$6,141 $639,000
    2022$6,141 +3%$639,000
    2021$5,962 +13.6%$639,000 +25.2%
    2020$5,248 $510,500
    2019$5,248 +2.9%$510,500
    2018$5,100 +6.6%$510,500 +19.6%
    2017$4,783 +2.6%$426,700
    2016$4,664 +2.4%$426,700
    2015$4,553 -7%$426,700 +5.2%
    2014$4,894 +6.2%$405,800
    2012$4,610 +14.6%$405,800 +0.2%
    2011$4,021 +3.9%$404,900
    2010$3,871 +0.4%$404,900
    2009$3,855 -4.6%$404,900 -13.1%
    2008$4,041 +4%$466,100
    2007$3,887 +4%$466,100
    2006$3,738 +15.9%$466,100 +106.6%
    2005$3,224 +11.2%$225,600
    2002$2,899 $225,600
    Find assessor info on the county website

    Neighborhood: Fifth Ward

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,405,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,405,800