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14 Homer Street

14 Homer Street, Newport, RI 02840
Property in Newport
Sold Sep 24, 2021
$611,000
Buyer
Seller
$538,000 by Sofi Lending Corp
Mortgage
14 Homer Street has been categorized by the local assessors in Newport, RI as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1982. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 3 stories. In addition, 14 Homer Street has 1,573 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a colonial style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of slate. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 14 Homer Street was last sold in Sep 24, 2021 for $611,000. According to our calculations, that's $388.43 per sqft. Current property owners are expected to pay $3,418 in taxes per year. The property on 14 Homer Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $344,600. To break that down further, the land itself was valued at $107,800. While improvements to the property were assessed at a total of $236,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,500
  • Total Building Area: 1,573
  • Gross Building Area: 2,302
  • Building Area: 1,573
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,573
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : OH KRISTEN
  • Previous Owner : HANSEN AMY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT PS
  • Census Tract: 040500

Zoning

  • Zoning: R10

Geography

  • Account Number: R01102
  • Parcel: NEWP M:009 B:0034
  • Block: 34
  • Municipality: NEWPORT
  • Latitude: 41.5001
  • Longitude: -71.313

    Address

  • Full Address: 14 Homer St
  • Address - House Number: 14
  • Address - Street Name: Homer
  • Address - Suffix Type: St
  • State: RI
  • City Name: Newport
  • Carrier Code: C024
  • 4-Digit Zip Code: 1612
  • Zip Code: 02840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,418

    Appraisal Valuation

  • Standard Deviation: 0.2186
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 70
  • Final Value: 666,662
  • High Value: 812,460
  • Low Value: 520,863

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $538,000
  • First Open Lien Mortgage Lender: SOFI LENDING CORP
  • First Open Lien Mortgage Recording Date: Sep 24, 2021
  • First Open Lien Mortgage Loan Amount: $538,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,600
  • Assessed Land Value: $107,800
  • Assessed Improvements Value: $236,800

    Sales

  • Current Sale Contract Date: Sep 24, 2021
  • Current Sale Recording Date: Sep 24, 2021
  • Current Sale Transaction ID: 11857543877
  • Current Sale Price: $611,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 138984

    Last Sale Mortgage

  • First Mortgage Lender: SOFI LENDING CORP
  • First Mortgage Transaction Date: Sep 24, 2021
  • First Mortgage Loan Amount: $538,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 14 Homer Street located in?
The 14 Homer Street is a located in the neighborhood of Newport in Newport, Newport.
What is the average sales price for listings in 14 Homer Street?
The average sales price for units in 14 Homer Street is $0 currently.

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