$3,000,000
SOLD AUG 27, 2024
7 Beds
4.5 Baths
4,221 Sq Ft
0.28 Acres

Recently Sold

$711 Per Sq Ft

6% Below List Price

31 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • 4 Fireplaces
  • 0.28 Acre Lot
  • Marble Flooring
  • 3-minute walk to Eisenhower Park

About This Home

As of August 2024

Originally designed by George Champlin Mason in 1866, the historic James B Finch Homestead underwent a meticulous restoration in 2015. This distinguished residence showcases impressive 12ft ceilings, preserving many of its original features. Upon entering, you're greeted by a grand foyer and an open hall leading to a magnificent staircase. The formal living room, adorned with floor-to-ceiling windows, exudes timeless charm. A combined dining and family room offers a relaxed yet elegant atmosphere for entertainment. The second level boasts a luxurious primary suite with a fireplace, sitting room, and marble bath, along with two additional ensuite bedrooms featuring fireplaces. Ascend to the third floor to discover a cozy library area and three to four more bedrooms. One room has been transformed into an art studio, complete with natural light and a sink for creative endeavors. Outside, the professionally landscaped grounds feature lush greenery, privacy, a fenced area, and a spacious patio ideal for summer gatherings. Conveniently located in the heart of Newport, this majestic home offers parking for up to five cars and easy access to the city's finest attractions, including theaters, shops, restaurants, and art galleries.

Last Agent to Sell the Property

Lisa morrison

Coldwell Banker Realty Listed on: 05/07/2024

Coldwell Banker Realty

Last Buyer's Agent

Jeff Brooks

Hogan Associates Christie's License #RES.0034174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,402

Year Built

  • Built in 1866

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Corner Lot
  • Property is zoned R3

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4,221 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 4 Fireplaces
  • Gas Fireplace
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Window Unit Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Baseboard Heating
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 055
  • Assessor Parcel Number 102TOUROSTNEWP

Community Details

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,402

Year Built

Built in 1866

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.279
  • Above Grade Finished Sq Ft: 4221.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1866
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Gas
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Cable TV
  • Living Area: 4221.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Central Air, Ductless, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Heat Pump, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12153.0
  • Parcel #: 102TOUROSTNEWP
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17402.0
  • Tax Lot: 055
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Aug 23, 2024
Sold by
Wilson Ft and Wilson
Bought by
Wallace John and Wallace Pamela
Seller's Agent
Lisa morrison
Coldwell Banker Realty
Buyer's Agent
Jeff Brooks
Hogan Associates Christie's
List Price
$3,175,000
Sold Price
$3,000,000
Premium/Discount to List
-$175,000
-5.51%
Views
66
Current Estimated Value
$3,008,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,885
Avg. Annual Appreciation
-1.81%

Purchase Details

Listed on
Dec 3, 2014
Closed on
Apr 7, 2015
Sold by
Evans David and Evans Jenay
Bought by
Wilson Robert E and Wilson Nancy A
Seller's Agent
Carol O'Connor
Lila Delman Compass
Buyer's Agent
Michelle Drum
Gustave White Sotheby's Realty
List Price
$1,250,000
Sold Price
$995,000
Premium/Discount to List
-$255,000
-20.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.46%

Purchase Details

Closed on
Dec 17, 2013
Sold by
Douglas Clifford B
Bought by
Evans Kara A

Purchase Details

Closed on
Jun 23, 2011
Sold by
Brm Co Inc
Bought by
Evans David and Evans Jenay

Purchase Details

Closed on
Jun 25, 1999
Sold by
Heron Irrevocable T
Bought by
Brm Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
7.09%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,000,000 None Available
Deed $3,000,000 None Available
Warranty Deed $995,000 --
Deed -- --
Deed $650,000 --
Warranty Deed $475,000 --
Warranty Deed $995,000 --
Deed -- --
Deed $650,000 --
Warranty Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $465,000 Unknown
Previous Owner $475,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $3,000,000 -5.5% $711 / Sq Ft
06/09/2024 06/09/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $3,175,000 +219.1% $752 / Sq Ft
04/07/2015 04/07/15 Sold $995,000 -20.4% $248 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $1,250,000 -- $311 / 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 $14,406 $1,752,500 $624,400 $1,128,100
2023 $11,485 $1,157,800 $408,200 $749,600
2022 $11,126 $1,157,800 $408,200 $749,600
2021 $10,802 $1,157,800 $408,200 $749,600
2020 $9,793 $952,600 $277,800 $674,800
2019 $9,793 $952,600 $277,800 $674,800
2018 $16,087 $1,073,900 $277,800 $796,100
2017 $13,801 $887,500 $205,700 $681,800
2016 $13,455 $887,500 $205,700 $681,800
2015 $12,969 $876,900 $205,700 $671,200
2014 $10,821 $647,200 $174,800 $472,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1358430

State-Wide MLS

APN: NEWP-000024-000000-000055