12 Elm St Unit 1 Newport, RI 02840
2
Beds
2.5
Baths
1,865
Sq Ft
$635/mo
HOA Fee
Highlights
- Marina
- Tennis Courts
- Storage Room
- Wood Flooring
- Walking Distance to Water
- 4-minute walk to Cardines Field
About This Home
As of January 2025Potter School Condominiums. Centrally located pied-a-terre in the heart of downtown Newport within walking distance to shopping, dining and nighttime entertainment. Once the school's auditorium the condo offers spacious living accommodations with dramatic 14-foot ceilings and all modern amenities. This sought after first floor unit with a southwest orientation also offers the utmost in privacy with its own entry, two bedrooms with baths, granite counters, stainless appliances, central air, gas fireplace and two assigned parking spaces. This fabulous unit is offered turnkey. All you have to do is unpack your bags.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0030702 Listed on: 04/18/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $8,345
Year Built
- Built in 1891
HOA Fees
- $635 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Stone Foundation
Interior Spaces
- 1,865 Sq Ft Home
- 1-Story Property
- Marble Fireplace
- Gas Fireplace
- Storage Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Assigned Parking
Outdoor Features
- Walking Distance to Water
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 029 / 01
- Assessor Parcel Number 12ELMST1NEWP
Community Details
Overview
- 7 Units
- Point / America's Cup / Thames Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 4, 2024
Closed on
Jan 27, 2025
Sold by
Hunt David L and Kramer Paula L
Bought by
Wenport Hldg Llc
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Total Days on Market
342
Views
23
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
$1,952
Avg. Annual Appreciation
0.49%
Purchase Details
Listed on
Apr 18, 2018
Closed on
Apr 19, 2019
Sold by
Spencer Richard E and Spencer Mary A
Bought by
Hunt David L and Kramer Paula L
Seller's Agent
Jose Aguon
Gustave White Sotheby's Realty
Buyer's Agent
The Donovan Group
Homes By Connect
List Price
$795,000
Sold Price
$645,000
Premium/Discount to List
-$150,000
-18.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Purchase Details
Closed on
Jul 25, 2008
Sold by
Mcdermott Stephen and Mcdermott Marianne
Bought by
Spencer Richard and Spencer Mary Ann
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $1,200,000 | None Available | |
| Condominium Deed | $1,200,000 | None Available | |
| Warranty Deed | $645,000 | -- | |
| Warranty Deed | $645,000 | -- | |
| Deed | $695,000 | -- | |
| Deed | $695,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/29/2025 01/29/25 | Sold | $1,200,000 | -5.9% | $643 / Sq Ft |
| 01/02/2025 01/02/25 | Pending | -- | -- | -- |
| 12/04/2024 12/04/24 | For Sale | $1,275,000 | +97.7% | $684 / Sq Ft |
| 04/26/2019 04/26/19 | Sold | $645,000 | -18.9% | $346 / Sq Ft |
| 03/27/2019 03/27/19 | Pending | -- | -- | -- |
| 04/18/2018 04/18/18 | For Sale | $795,000 | 0.0% | $426 / Sq Ft |
| 12/18/2016 12/18/16 | For Rent | $3,300 | 0.0% | -- |
| 12/18/2016 12/18/16 | Rented | $3,300 | -- | -- |
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 | $6,550 | $939,700 | $0 | $939,700 |
| 2023 | $5,929 | $597,700 | $0 | $597,700 |
| 2022 | $5,744 | $597,700 | $0 | $597,700 |
| 2021 | $5,577 | $597,700 | $0 | $597,700 |
| 2020 | $6,579 | $640,000 | $0 | $640,000 |
| 2019 | $7,226 | $702,900 | $0 | $702,900 |
| 2018 | $8,345 | $835,300 | $0 | $835,300 |
| 2017 | $9,364 | $835,300 | $0 | $835,300 |
| 2016 | $9,130 | $835,300 | $0 | $835,300 |
| 2015 | $8,913 | $835,300 | $0 | $835,300 |
| 2014 | $7,396 | $613,300 | $0 | $613,300 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Fitzpatrick
Seller's Agent in 2025
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
64 in this area
680 Total Sales
-
Jose Aguon
Seller's Agent in 2019
Jose Aguon
Gustave White Sotheby's Realty
(401) 263-4168
6 in this area
31 Total Sales
-
The Donovan Group
T
Buyer's Agent in 2019
The Donovan Group
Homes By Connect
(401) 323-3546
6 in this area
232 Total Sales
-
Tina Wiley
Seller's Agent in 2017
Tina Wiley
Gustave White Sotheby's Realty
(401) 447-9609
6 in this area
53 Total Sales
-
Louise Cardoni
Buyer's Agent in 2017
Louise Cardoni
Century 21 Topsail Realty
(401) 835-5987
2 in this area
29 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1188022
APN: NEWP-000017-000029-000001
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