NOT LISTED FOR SALE

12 Elm St Unit 2 Newport, RI 02840

Estimated Value: $745,000 - $949,000

2 Beds
2 Baths
1,087 Sq Ft
$781/Sq Ft Est. Value

About This Home

The Potter School, a historic school building, has been coverted into delightful condominiums located in the heart of downtown Newport. This first level condo presents an excellent opportunity to enjoy a short walk to the harbor, local shops, eateries, and the stunning colonial architecture Newport is known for. Featuring 2 bedrooms, 2 bathrooms, an in-unit washer/dryer, air conditioning, and a cozy fireplace, offering comfortable and enjoyable living in desirable Newport. The expansive windows of the former school bathe the interior in natural light, highlighting the beautiful hardwood floors. Secured storage space is available in the basement, and there are 2 designated parking spots for convenience. Additionally, the Newport Naval Base is just minutes away.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2017
Sold by
Marc S Jagolinzer T
Bought by
12 Elm Street Llc
Current Estimated Value
$849,246

Purchase Details

Closed on
Aug 26, 2004
Sold by
Parter School Prtnr Ll
Bought by
Jagolinzel Marc and Jogolinzel Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
12 Elm Street Llc -- --
Marc S Jagolinzer T -- --
Jagolinzel Marc $395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jagolinzel Marc $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2024 03/27/24 Rented $3,300 0.0% --
03/05/2024 03/05/24 For Rent $3,300 +50.0% --
03/30/2016 03/30/16 Rented $2,200 -4.3% --
02/29/2016 02/29/16 Under Contract -- -- --
01/24/2016 01/24/16 For Rent $2,300 0.0% --
09/03/2014 09/03/14 Rented $2,300 0.0% --
08/04/2014 08/04/14 Under Contract -- -- --
07/26/2014 07/26/14 For Rent $2,300 +4.5% --
06/19/2013 06/19/13 Rented $2,200 0.0% --
05/20/2013 05/20/13 Under Contract -- -- --
04/24/2013 04/24/13 For Rent $2,200 -- --

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 $5,285 $643,000 $0 $643,000
2023 $3,977 $400,900 $0 $400,900
2022 $3,853 $400,900 $0 $400,900
2021 $3,740 $400,900 $0 $400,900
2020 $3,815 $371,100 $0 $371,100
2019 $3,815 $371,100 $0 $371,100
2018 $3,707 $371,100 $0 $371,100
2017 $4,160 $371,100 $0 $371,100
2016 $4,056 $371,100 $0 $371,100
2015 $3,960 $371,100 $0 $371,100
2014 $4,585 $380,200 $0 $380,200
Source: Public Records

Agents Affiliated with this Home

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