Lucas Barry
Paramount Properties Group
(401) 407-6329
13 Total Sales
3 in Newport
$312K - $2.4M Price Range
1 Elm St Newport, RI 02840
Newport AreaEstimated Value: $2,454,000 - $2,930,098
5
Beds
6
Baths
3,039
Sq Ft
$881/Sq Ft
Est. Value
Highlights
- Marina
- Water Access
- Wood Flooring
- Golf Course Community
- Colonial Architecture
- 4-minute walk to Cardines Field
About This Home
As of November 2023Welcome to 1 Elm Street located in The Point neighborhood of Newport. This exquisite Wing Spooner colonial has been thoughtfully renovated keeping all of its historic charm while adding today's modern conveniences. From the moment you enter through the mahogany front door, you immediately appreciate the fine attention to detail throughout. The main level includes a formal living space with custom millwork and a wood-burning fireplace, a family room with a built-in media cabinet, and a well-appointed kitchen that showcases soapstone countertops & high-grade appliances. Adjoining the kitchen is the dining area which hosts a one of a kind brick beehive fireplace. Just off the dining area is the dry bar complete with a beverage refrigerator and custom millwork. On the 2nd floor is the first master bedroom including a fireplace and en-suite. Opposite the master suite is a second bedroom with a fireplace & en-suite. Finishing off the 2nd floor is a charming family room which has extensive millwork, a fireplace, a half bath/laundry room & office. The 3rd floor includes 3 additional bedrooms & 2 full bathrooms. The second master suite is a light-filled charming getaway with a skylight, custom shelving, exposed beams, and en-suite. After you've taken in the beauty of the interior, take a stroll through the backyard where you will find a thoughtful and mature landscape design including an 8'x8' shed, pergola, irrigation system, and bluestone/brick patio.
Last Agent to Sell the Property
Edge Realty RI License #RES.0043385 Listed on: 07/21/2023
Last Buyer's Agent
Elena Wilcox
Lila Delman Real Estate
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,189
Year Built
- Built in 1740
Lot Details
- 5,202 Sq Ft Lot
- Security Fence
- Corner Lot
- Sprinkler System
- Property is zoned R10
Home Design
- Colonial Architecture
- Block Foundation
- Stone Foundation
- Clapboard
- Plaster
Interior Spaces
- 3,039 Sq Ft Home
- 3-Story Property
- Dry Bar
- Skylights
- 5 Fireplaces
- Fireplace Features Masonry
- Storage Room
- Utility Room
- Security System Owned
- Attic
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Cedar Closet
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior and Exterior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Water Access
- Walking Distance to Water
- Patio
- Outbuilding
Location
- Property near a hospital
Utilities
- Central Air
- Heating System Uses Gas
- Heating System Uses Wood
- Radiant Heating System
- Baseboard Heating
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Legal Lot and Block 015 / 17
- Assessor Parcel Number 1ELMSTNEWP
Community Details
Overview
- The Point Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Nov 27, 2023
Sold by
Bought by
Seller's Agent
Jennifer Holland
Edge Realty RI
Buyer's Agent
Elena Wilcox
Lila Delman Real Estate
List Price
$2,900,000
Sold Price
$2,600,000
Premium/Discount to List
-$300,000
-10.34%
Views
258
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,025
Avg. Annual Appreciation
1.05%
Original Mortgage
$750,000
Outstanding Balance
$727,181
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,948,844
Purchase Details
Closed on
Aug 25, 2023
Sold by
Bought by
Purchase Details
Closed on
Jun 10, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 24, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Newport, RI
-
Lucas Barry
-
Quentin Warren
Quentin Warren
Gustave White Sotheby's Realty
(401) 341-1517
3 Total Sales
1 in Newport
$3,950,000 Price
-
Daniel Cordeiro
Daniel Cordeiro
Responds QuicklyGustave White Sotheby's Realty
(844) 763-4116
17 Total Sales
1 in Newport
$935,250 Price
-
Bruce Cutting
Bruce Cutting
Mott & Chace Sotheby's Intl.
(401) 340-3530
29 Total Sales
1 in Newport
$377,000 Price
-
Tammy Tinnerello
Tammy Tinnerello
William Pitt Sotheby's Int'l
(959) 215-5434
141 Total Sales
1 in Newport
$889,000 Price
-
David Carty
David Carty
CARTY REALTY
(401) 756-1960
88 Total Sales
1 in Newport
$756,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $2,600,000 | None Available | ||
| -- | None Available | ||
| $925,000 | -- | ||
| $229,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $750,000 | ||
| Closed | $80,000 | ||
| Closed | $52,000 | ||
| Previous Owner | $202,000 | ||
| Previous Owner | $35,000 | ||
| Previous Owner | $100,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2023 11/27/23 | Sold | $2,600,000 | -7.1% | $856 / Sq Ft |
| 10/15/2023 10/15/23 | Pending | -- | -- | -- |
| 08/15/2023 08/15/23 | Price Changed | $2,800,000 | -3.4% | $921 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $2,900,000 | -- | $954 / Sq Ft |
Source: State-Wide MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $19,743 | $2,272,200 | $602,100 | $1,670,100 |
| 2024 | $18,677 | $2,272,200 | $602,100 | $1,670,100 |
| 2023 | $13,795 | $1,390,600 | $343,200 | $1,047,400 |
| 2022 | $13,364 | $1,390,600 | $343,200 | $1,047,400 |
| 2021 | $12,974 | $1,390,600 | $343,200 | $1,047,400 |
| 2020 | $11,287 | $1,098,000 | $288,300 | $809,700 |
| 2019 | $11,287 | $1,098,000 | $288,300 | $809,700 |
| 2018 | $10,969 | $1,098,000 | $288,300 | $809,700 |
| 2017 | $9,702 | $865,500 | $161,300 | $704,200 |
| 2016 | $9,460 | $865,500 | $161,300 | $704,200 |
| 2015 | $9,235 | $865,500 | $161,300 | $704,200 |
| 2014 | $10,110 | $838,300 | $137,100 | $701,200 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Holland
JH
Seller's Agent in 2023
Jennifer Holland
Edge Realty RI
(513) 746-9830
5 Total Sales
-
EW
Buyer's Agent in 2023
Elena Wilcox
Lila Delman Real Estate
Map
Source: State-Wide MLS
MLS Number: 1339599
APN: NEWP-000017-000000-000015
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