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62 Ruggles Avenue

62 Ruggles Avenue, Newport, RI 02840
Property in Newport
Sold Jul 05, 2016
$865,000
$648,750 by Wells Fargo Bank Na
Mortgage Due Jul 05, 2046
Sold Apr 03, 2006
$675,000
$280,000 by World Savings Bank
Mortgage
62 Ruggles Avenue 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 1942 and is 82 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 62 Ruggles Avenue has 2,246 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 9,135 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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. For the features and amenities located on the property. There is a detached garage for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. 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 asphalt. 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 oil. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jan 1, 1970 for $865,000. That's $385.13 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $675,000. 62 Ruggles Avenue was last assessed in 2023. The total value of the property was assessed at $833,100. Specifically, the land the property is located on was valued at $382,400. While improvements on the property were assessed at a total of $450,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,264. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,135
  • Total Building Area: 2,246
  • Gross Building Area: 4,295
  • Building Area: 2,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,246
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : GORDON BROOKS G
  • Previous Owner : FOSTER LESLIE
  • Owner Before Previous Owner: BARR ALLAN
  • Owner Before Previous Owner 2: BARR DOROTHY

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT PS
  • Census Tract: 040900

Zoning

  • Zoning: R10A

Geography

  • Account Number: R08586
  • Parcel: NEWP M:041 B:0275
  • Block: 275
  • Municipality: NEWPORT
  • Latitude: 41.4673
  • Longitude: -71.3189

    Address

  • Full Address: 62 Ruggles Ave
  • Address - House Number: 62
  • Address - Street Name: Ruggles
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Newport
  • Carrier Code: C014
  • 4-Digit Zip Code: 4293
  • Zip Code: 02840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,264

    Appraisal Valuation

  • Standard Deviation: 0.2213
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 1,374,374
  • High Value: 1,678,612
  • Low Value: 1,070,137

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,304,750
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 05, 2016
  • First Open Lien Mortgage Loan Amount: $648,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jul 05, 2046
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: May 16, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $656,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $833,100
  • Assessed Land Value: $382,400
  • Assessed Improvements Value: $450,700

    Sales

  • Current Sale Recording Date: Jul 05, 2016
  • Current Sale Transaction ID: 1652699304
  • Current Sale Price: $865,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 105672
  • Previous Sale Recording Date: Apr 03, 2006
  • Previous Sale Amount: $675,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 05, 2016
  • First Mortgage Loan Amount: $648,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 05, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 03, 2006
  • Previous Mortgage Loan Amount: $280,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 62 Ruggles Avenue located in?
The 62 Ruggles Avenue is a located in the neighborhood of Newport in Newport, Newport.
What is the average sales price for listings in 62 Ruggles Avenue?
The average sales price for units in 62 Ruggles Avenue is $0 currently.

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