10 Franklin St Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $2,855,631
5
Beds
3.5
Baths
3,746
Sq Ft
$762/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- Marble Flooring
- Water Views
- Deck
- 3-minute walk to Queen Anne Square
About This Home
As of March 2024This is a truly rare opportunity to own an exceptional and versatile Georgian Style gem in the Historic Hill District of Newport. This young home was hand crafted by the original owner occupant in 2000 with over the top quality and attention to detail. More recent updates in 2020 include another level of living with two more bedrooms and another bath making it large enough for a group but intimate enough for a special home. A full interior refresh was also done at this time. A great Condo alternative and just steps to the vibrant Newport Waterfront this property features include a rare General Business zone which allows for short term rentals or business use, a 28 x 14 waterview mahogany roof deck, 11 foot coffered ceilings, 3 fireplaces, multiple brick patio and outside balconies for outside enjoyment, steam shower, brick driveways with 3-4 off street spots, refined custom period detail, marble and oak floors, library with flame mahogany paneled walls, gourmet entertainers kitchen, abundant natural light, and much more.
Last Listed By
BHHS Commonwealth Real Estate License #REB.0015256 Listed on: 01/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,405
Year Built
- Built in 2000
Lot Details
- 2,614 Sq Ft Lot
- Fenced
- Property is zoned 6B
Home Design
- Antique Architecture
- Brick Exterior Construction
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 3-Story Property
- 3 Fireplaces
- Marble Fireplace
- Fireplace Features Masonry
- Gas Fireplace
- Thermal Windows
- Family Room
- Storage Room
- Utility Room
- Water Views
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Cedar Closet
- Bathtub with Shower
Laundry
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Balcony
- Deck
- Patio
- Outbuilding
Location
- Property near a hospital
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Electric Water Heater
Listing and Financial Details
- Tax Lot 49
- Assessor Parcel Number 10FRANKLINSTNEWP
Community Details
Overview
- Historic Hill Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2024
Closed on
Mar 8, 2024
Sold by
The Avenue Llc
Bought by
Del R & D Llc
Seller's Agent
Allen Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Lori Seavey
Keller Williams Realty
List Price
$2,899,900
Sold Price
$2,900,000
Premium/Discount to List
$100
0.003%
Total Days on Market
49
Views
161
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
-$44,369
Avg. Annual Appreciation
-1.27%
Purchase Details
Listed on
Jun 11, 2020
Closed on
Jun 30, 2020
Sold by
Osterborg Stephanie
Bought by
10 Franklin Llc
Seller's Agent
Kendra Toppa
Compass / Lila Delman Compass
Buyer's Agent
Kendra Toppa
Keller Williams Rlty Newport
List Price
$1,850,000
Sold Price
$1,820,000
Premium/Discount to List
-$30,000
-1.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.42%
Purchase Details
Closed on
Apr 15, 1999
Sold by
Anchorage Partners
Bought by
Dandrea Stephanie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.04%
Mortgage Type
Commercial
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Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Del R & D Llc | $2,900,000 | None Available | |
| Del R & D Llc | $2,900,000 | None Available | |
| 10 Franklin Llc | $1,820,000 | None Available | |
| 10 Franklin Llc | $1,820,000 | None Available | |
| Dandrea Stephanie | $117,000 | -- | |
| Dandrea Stephanie | $117,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dandrea Stephanie | $70,000 | |
| Previous Owner | Dandrea Stephanie | $236,000 | |
| Previous Owner | Dandrea Stephanie | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2024 03/12/24 | Sold | $2,900,000 | 0.0% | $774 / Sq Ft |
| 02/22/2024 02/22/24 | Pending | -- | -- | -- |
| 01/03/2024 01/03/24 | For Sale | $2,899,900 | +59.3% | $774 / Sq Ft |
| 07/01/2020 07/01/20 | Sold | $1,820,000 | -1.6% | $651 / Sq Ft |
| 06/11/2020 06/11/20 | For Sale | $1,850,000 | -- | $662 / 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 | $13,955 | $1,697,700 | $353,600 | $1,344,100 |
| 2023 | $0 | $1,236,900 | $231,200 | $1,005,700 |
| 2022 | $0 | $1,236,900 | $231,200 | $1,005,700 |
| 2021 | $0 | $1,218,500 | $231,200 | $987,300 |
| 2020 | $0 | $1,090,000 | $272,700 | $817,300 |
| 2019 | $0 | $1,090,000 | $272,700 | $817,300 |
| 2018 | $0 | $1,090,000 | $272,700 | $817,300 |
| 2017 | $0 | $1,164,400 | $156,000 | $1,008,400 |
| 2016 | -- | $1,164,400 | $156,000 | $1,008,400 |
| 2015 | -- | $1,164,400 | $156,000 | $1,008,400 |
| 2014 | -- | $1,048,400 | $132,600 | $915,800 |
Source: Public Records
Agents Affiliated with this Home
-
Allen Gammons
Seller's Agent in 2024
Allen Gammons
BHHS Commonwealth Real Estate
(401) 742-6050
2 in this area
463 Total Sales
-
Lori Seavey
Buyer's Agent in 2024
Lori Seavey
Keller Williams Realty
(508) 446-1258
1 in this area
299 Total Sales
-
Kendra Toppa
Seller's Agent in 2020
Kendra Toppa
Compass / Lila Delman Compass
(401) 339-6233
1 in this area
6 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1350406
APN: NEWP-000027-000000-000049
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