1 Sharon Ct Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $1,243,000 - $1,590,000
4
Beds
3
Baths
1,924
Sq Ft
$754/Sq Ft
Est. Value
Highlights
- Marina
- Colonial Architecture
- 2 Fireplaces
- Golf Course Community
- Wood Flooring
- 3-minute walk to Spencer Park
About This Home
As of November 2022Each and every design and architectural detail has been meticulously considered by acclaimed architectural firm Fairfax & Sammons of Palm Beach and New York. Truly one of a kind, this home is a masterful combination of new and repurposed elements positioned to feel authentic and historic. Built in 2019 with post and beam construction, this timber frame structure is composed mainly of locally sourced white oak. With thoughtful features like radiant heated brick floors, a beehive oven and mostly wood walls, ceilings and floors- it is certainly a rare and special residence. Enter through a beautifully crafted and large front door into the main level which offers a charming galley kitchen with dramatic picture window as well as an intimate living/dining room with a wall-to-wall wood burning fireplace. In the afternoon, the room glows in a golden afternoon light. The second floor has a generously sized primary suite featuring a gas fireplace, a walk-in closet, and an en-suite bath. A guest bedroom with both full bath and washer/dryer in the hall complete the second floor. The third floor features two additional bedrooms which share a Jack-and-Jill style bathroom. The dramatic black stained exterior of this home is further enhanced by a lovely English garden with Quince, Medlar and Apple tree plus a wonderful patio for outdoor dining and a unique, integral one-car garage and a crushed sea-shell driveway which fits a large SUV.
Last Agent to Sell the Property
Compass / Lila Delman Compass License #REB.0017255 Listed on: 10/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,255
Year Built
- Built in 2019
Lot Details
- 1,970 Sq Ft Lot
- Property is zoned R10
Parking
- 1 Car Garage
- No Garage
Home Design
- Colonial Architecture
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,924 Sq Ft Home
- 3-Story Property
- 2 Fireplaces
- Fireplace Features Masonry
- Gas Fireplace
- Wood Flooring
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Walking Distance to Water
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Wood
- Radiant Heating System
- Heating System Uses Steam
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 402
- Assessor Parcel Number 1SHARONCTNEWP
Community Details
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Additional Features
- Wellington / Fifth Ward Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 13, 2022
Closed on
Nov 7, 2022
Sold by
Sammons Richard
Bought by
Wolfington Katherine
Seller's Agent
Kara Malkovich
Compass / Lila Delman Compass
Buyer's Agent
Karin Jackson
Compass / Lila Delman Compass
List Price
$1,350,000
Sold Price
$1,300,000
Premium/Discount to List
-$50,000
-3.7%
Total Days on Market
8
Views
87
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
$151,114
Avg. Annual Appreciation
4.37%
Purchase Details
Closed on
Dec 19, 2016
Sold by
Tarigo Properties Llc
Bought by
Sammons Richard
Similar Homes in Newport, RI
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wolfington Katherine | $1,300,000 | None Available | |
| Sammons Richard | $175,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/08/2022 11/08/22 | Sold | $1,300,000 | -3.7% | $676 / Sq Ft |
| 10/21/2022 10/21/22 | Pending | -- | -- | -- |
| 10/13/2022 10/13/22 | For Sale | $1,350,000 | -- | $702 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $9,795 | $1,191,600 | $337,900 | $853,700 |
| 2023 | $7,711 | $777,300 | $220,900 | $556,400 |
| 2022 | $7,470 | $777,300 | $220,900 | $556,400 |
| 2021 | $7,252 | $777,300 | $220,900 | $556,400 |
| 2020 | $5,694 | $553,900 | $30,100 | $523,800 |
| 2019 | $2,362 | $153,200 | $150,700 | $2,500 |
| 2018 | $2,295 | $153,200 | $150,700 | $2,500 |
| 2017 | $2,211 | $142,200 | $140,200 | $2,000 |
| 2016 | $2,156 | $142,200 | $140,200 | $2,000 |
| 2015 | $2,103 | $142,200 | $140,200 | $2,000 |
| 2014 | $2,026 | $121,200 | $119,200 | $2,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Malkovich
Seller's Agent in 2022
Kara Malkovich
Compass / Lila Delman Compass
(401) 714-6600
7 in this area
42 Total Sales
-
Rebecca King
Seller Co-Listing Agent in 2022
Rebecca King
Gustave White Sotheby's Realty
(401) 808-9334
9 in this area
67 Total Sales
-
Karin Jackson
Buyer's Agent in 2022
Karin Jackson
Compass / Lila Delman Compass
(401) 338-3771
4 in this area
160 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1321537
APN: NEWP-000039-000000-000402
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