$520,000
SOLD OCT 1, 2014

12 Elm St Unit 7 Newport, RI 02840

2 Beds
2 Baths
1,500 Sq Ft
$471/mo HOA Fee

Recently Sold

$347 Per Sq Ft

7% Below List Price

161 Days on Market

Highlights

  • Cathedral Ceiling
  • Den
  • Laundry Room
  • Wood Flooring
  • Walking Distance to Water
  • 4-minute walk to Cardines Field

About This Home

As of December 2023

LOCATED IN THE HEART OF WATERFRONT NEWPORT-STEPS FROM FABULOUS SHOPS, RESTURANTS AND OTHER ATTRACTIONS--THIS IMPECCABLE,FULLY RENOVATED CONDO IS PERFECT FOR A PIED-A -TERRE, SUMMER HOME OR TO ENJOY YEAR ROUND. LOCATION !LOCATION! lLOCATION!!

Last Agent to Sell the Property

Christie Creamer

R.D. Denelle And Company Inc. License #RES.0034341 Listed on: 03/23/2014

Last Buyer's Agent

Alyce Wright

Lila Delman Compass License #RES.0033781

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,938

Year Built

  • Built in 1891

HOA Fees

  • $471 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Gas Fireplace
  • Dining Room
  • Den

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 07
  • Assessor Parcel Number 12ELMST7NEWP

Community Details

Overview

  • 7 Units
  • Point Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,938

Year Built

Built in 1891

Lot Details

0

HOA Fees

$471 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: POINT
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Loft
  • Building Name: POTTER SCHOOL
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1891
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator,First Floor Access,Second Floor Access
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), Cable TV
  • Living Area: 1500.0
  • Dining Room Type: Den, Dining Room, Laundry, Master Bedroom
  • Stories: 2
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 471.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 12ELMST7NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 5938.0
  • Tax Lot: 07
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2023
Closed on
Dec 1, 2023
Sold by
Scavone Alison P
Bought by
Connerney Paula M
Seller's Agent
Alyce Wright
Lila Delman Compass
Buyer's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
List Price
$1,195,000
Sold Price
$1,150,000
Premium/Discount to List
-$45,000
-3.77%
Views
166
Current Estimated Value
$1,223,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,862
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
Jan 12, 2018
Sold by
Scavone Alison P
Bought by
Alison P Scavone Ret and Scavone

Purchase Details

Listed on
Mar 23, 2014
Closed on
Oct 1, 2014
Sold by
Kalberer Patricia F
Bought by
Scavone Alison P
Seller's Agent
Christie Creamer
R.D. Denelle And Company Inc.
Buyer's Agent
Alyce Wright
Lila Delman Compass
List Price
$559,000
Sold Price
$520,000
Premium/Discount to List
-$39,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.00%

Purchase Details

Closed on
Aug 30, 2013
Sold by
Wellman Sally and Wellman Todd
Bought by
Kalberer Patricia F

Purchase Details

Closed on
Aug 31, 2004
Sold by
Potter School Prtnr Ll
Bought by
Kalberer Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,250
Interest Rate
6.02%
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 Type Sale Price Title Company
Warranty Deed $1,150,000 None Available
Quit Claim Deed -- --
Warranty Deed $520,000 --
Quit Claim Deed -- --
Deed $483,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $362,250 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $1,150,000 -3.8% $777 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
09/26/2023 09/26/23 For Sale $1,195,000 +129.8% $807 / Sq Ft
10/01/2014 10/01/14 Sold $520,000 -7.0% $347 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $559,000 -- $373 / 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
2025 $7,662 $1,067,200 $0 $1,067,200
2024 $7,438 $1,067,200 $0 $1,067,200
2023 $5,582 $562,700 $0 $562,700
2022 $5,408 $562,700 $0 $562,700
2021 $5,250 $562,700 $0 $562,700
2020 $5,088 $494,900 $0 $494,900
2019 $5,088 $494,900 $0 $494,900
2018 $4,944 $494,900 $0 $494,900
2017 $5,548 $494,900 $0 $494,900
2016 $5,409 $494,900 $0 $494,900
2015 $5,281 $494,900 $0 $494,900
2014 $6,116 $507,100 $0 $507,100
Source: Public Records

Agents Affiliated with this Home

  • Alyce Wright

    Seller's Agent in 2023

    Alyce Wright

    Lila Delman Compass

    (401) 662-7993

    4 in this area

    76 Total Sales

    Alyce Wright
    Section Image
  • Kimberly Fleming

    Buyer's Agent in 2023

    Kimberly Fleming

    Gustave White Sotheby's Realty

    (401) 935-9075

    10 in this area

    49 Total Sales

    Kimberly Fleming
    Section Image

  • C

    Seller's Agent in 2014

    Christie Creamer

    R.D. Denelle And Company Inc.

    (401) 573-1633

    13 Total Sales

    Christie Creamer
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1062807

State-Wide MLS

APN: NEWP-000017-000029-000007

Rhode Island Newport County Newport 02840

12 Elm St Unit 7, Newport, RI

This home is located at 12 Elm St Unit 7, Newport, RI 02840 and is currently priced at $520,000, approximately $346 per square foot. This property was built in 1891. 12 Elm St Unit 7 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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