NOT LISTED FOR SALE

Estimated Value: $904,000 - $1,203,000

2 Beds
1.5 Baths
1,745 Sq Ft
$628/Sq Ft Est. Value

Last Sold August 24, 2016

Last sale price $540,000 $309 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,688/month

22 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Deck
  • Cottage
  • 5-minute walk to Aquidneck Park

About This Home

As of August 2016

Charming, updated c.1880 cottage located on quaint, secluded st. in the heart of Newport. Walk to Bellevue, harbor and downtown. Lovely private back yard with deck. 2 side by side parking. Finished lower level. Many updates. Central AC, A rare find.

Last Agent to Sell the Property

Diane Harrison

Hogan Associates Christie's License #RES.0035754 Listed on: 07/02/2016

Last Buyer's Agent

Jeremy Booth

JB Newport Realty License #REB.0019026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1880

Lot Details

  • 3,513 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Skylights
  • Storage Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 139
  • Assessor Parcel Number 14WESTSTNEWP

Community Details

Overview

  • Yachting Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,106

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0806
  • Subdivision Name: YACHTING VILLAGE
  • Above Grade Finished Sq Ft: 1150.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 595.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Skylights
  • Living Area: 1745.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • 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

  • Community Features: Marina, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3513.0
  • Parcel #: 14WESTSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4106.0
  • Tax Lot: 139
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2016
Closed on
Aug 24, 2016
Sold by
Grenier Matthew M
Bought by
Shafer Dennis W
Seller's Agent
Diane Harrison
Hogan Associates Christie's
Buyer's Agent
Jeremy Booth
JB Newport Realty
List Price
$565,000
Sold Price
$540,000
Premium/Discount to List
-$25,000
-4.42%
Total Days on Market
22
Current Estimated Value
$1,095,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,665
Avg. Annual Appreciation
7.88%
Original Mortgage
$426,650
Outstanding Balance
$345,272
Interest Rate
3.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$705,250

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 16, 2014
Sold by
Marvell Edward B and Marvell Lauren
Bought by
Grenier Matthew M
Seller's Agent
Edward Marvell
Compass / Lila Delman Compass
Buyer's Agent
Diane Harrison
List Price
$465,000
Sold Price
$412,500
Premium/Discount to List
-$52,500
-11.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$371,250
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2000
Sold by
Aibel David W and Powell Harry L
Bought by
Marvell Edward B
Source: Public Records

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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
Shafer Dennis W $540,000 --
Grenier Matthew M $412,500 --
Marvell Edward B $110,000 --
Shafer Dennis W $540,000 --
Grenier Matthew M $412,500 --
Marvell Edward B $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Dennis W $110,000
Open Shafer Dennis W $426,650
Closed Marvell Edward B $426,650
Previous Owner Marvell Edward B $371,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2016 08/24/16 Sold $540,000 -4.4% $309 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/02/2016 07/02/16 For Sale $565,000 +37.0% $324 / Sq Ft
04/16/2014 04/16/14 Sold $412,500 -11.3% $231 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $465,000 -- $261 / 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 $6,671 $957,100 $358,000 $599,100
2023 $6,327 $637,800 $249,300 $388,500
2022 $6,061 $630,700 $249,300 $381,400
2021 $5,728 $613,900 $249,300 $364,600
2020 $5,125 $498,500 $220,400 $278,100
2019 $5,125 $498,500 $220,400 $278,100
2018 $4,980 $498,500 $220,400 $278,100
2017 $4,330 $386,300 $157,600 $228,700
2016 $4,206 $384,800 $157,600 $227,200
2015 $4,106 $384,800 $157,600 $227,200
2014 $4,389 $363,900 $134,000 $229,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1130573

State-Wide MLS

APN: NEWP-000032-000000-000139