NOT LISTED FOR SALE

10 Fair St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,444,082

5 Beds
5 Baths
2,514 Sq Ft
$574/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,000,000 $398 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $8,968/month

1 Day on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • 3-minute walk to Aquidneck Park

About This Home

As of December 2021

Sold before print.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 12/21/2021

RE/MAX Results

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 12/21/2021

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,612

Year Built

  • Built in 1850

Lot Details

  • 1,759 Sq Ft Lot

Home Design

  • Clapboard

Interior Spaces

  • 2,514 Sq Ft Home
  • 3-Story Property
  • Dryer

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot 113
  • Assessor Parcel Number 10FAIRSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,612

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0404
  • Above Grade Finished Sq Ft: 2514.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1759.0
  • Parcel #: 10FAIRSTNEWP
  • Zoning: LB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5612.0
  • Tax Lot: 113
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2021
Closed on
Jan 5, 2022
Sold by
Cullen Keith B and Cullen Matthew C
Bought by
Kbc Realty Llc
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,444,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,082
Avg. Annual Appreciation
7.56%
Original Mortgage
$750,000
Outstanding Balance
$702,838
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$599,213

Purchase Details

Listed on
Dec 21, 2021
Closed on
Dec 22, 2021
Sold by
10 Fair Street Llc
Bought by
Cullen Keith B and Cullen Matthew C
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$702,838
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$599,213

Purchase Details

Listed on
Sep 21, 2017
Closed on
Nov 6, 2017
Sold by
Whatmough Bryan and Whatmough Marla
Bought by
1 Fair Street Llc
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$749,900
Sold Price
$720,000
Premium/Discount to List
-$29,900
-3.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Nov 20, 1992
Sold by
Baileys Coupt Ptnrshp
Bought by
Whatmough Bryan J and Whatmough Karla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kbc Realty Llc -- None Available
Kbc Realty Llc -- None Available
Cullen Keith B $1,000,000 None Available
Cullen Keith B $1,000,000 None Available
1 Fair Street Llc $720,000 --
1 Fair Street Llc $720,000 --
Whatmough Bryan J $152,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cullen Keith B $750,000
Closed Cullen Keith B $750,000
Previous Owner 1 Fair Street Llc $551,250
Previous Owner Whatmough Bryan J $121,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $1,000,000 0.0% $398 / Sq Ft
12/21/2021 12/21/21 For Sale $1,000,000 +38.9% $398 / Sq Ft
11/06/2017 11/06/17 Sold $720,000 -4.0% $287 / Sq Ft
10/07/2017 10/07/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $749,900 -- $299 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $11,913 $1,138,900 $282,200 $856,700
2023 $12,660 $850,800 $217,000 $633,800
2022 $5,275 $548,900 $217,000 $331,900
2021 $5,093 $545,900 $217,000 $328,900
2020 $6,427 $625,200 $379,100 $246,100
2019 $6,427 $625,200 $379,100 $246,100
2018 $6,246 $625,200 $379,100 $246,100
2017 $5,873 $523,900 $262,900 $261,000
2016 $5,726 $523,900 $262,900 $261,000
2015 $5,590 $523,900 $262,900 $261,000
2014 $4,728 $392,000 $170,900 $221,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2021

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    22 in this area

    700 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1300434

State-Wide MLS

APN: NEWP-000027-000000-000113

Rhode Island Newport County Newport 02840 Historic Hill

10 Fair St, Newport, RI

This home is located at 10 Fair St, Newport, RI 02840 since 21 December 2021 and is currently estimated at $1,444,082, approximately $574 per square foot. This property was built in 1850. 10 Fair St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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