15 Cherry St Newport, RI 02840
Estimated Value: $1,610,000 - $1,682,113
5
Beds
3
Baths
4,215
Sq Ft
$387/Sq Ft
Est. Value
Highlights
- Marina
- Water Access
- Wood Flooring
- Golf Course Community
- Deck
- 2-minute walk to Battery Park
About This Home
As of July 2018The versatile floorplan in this Point Neighborhood home allows for use as a two family or a large single family with no construction or physical changes. The first floor has a traditional colonial layout. The original front door opens into a grand foyer with entrances to first floor rooms or stairs to the second floor. On the first floor is a modern kitchen, living room, dining area, 2 bedrooms, and a full bath. The second floor has a small galley kitchen, dining room, living room, 3 bedrooms, and 2 full baths. The walk up attic is currently used for storage but could be finished for additional living space. 15 Cherry Street is less than 2 blocks from the waterfront. The many spillways (boat ramps) along Washington St. make launching a small boat or kayak a breeze. This property also includes a beautiful front porch, a private back deck and back yard, an oversized two-car garage, and plenty of extra off-street parking.
Last Agent to Sell the Property
RE/MAX Profnl. Newport, Inc. License #RES.0030718 Listed on: 05/11/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,392
Year Built
- Built in 1902
Lot Details
- 5,000
Parking
- 2 Car Detached Garage
- Garage Door Opener
Home Design
- Wood Siding
- Vinyl Siding
- Plaster
Interior Spaces
- 4,215 Sq Ft Home
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Permanent Attic Stairs
- Storm Doors
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Water Access
- Walking Distance to Water
- Deck
- Patio
- Porch
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 200+ Amp Service
- Gas Water Heater
Additional Features
- 5,000 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tenant pays for hot water
- Tax Lot 029
- Assessor Parcel Number 15CHERRYSTNEWP
Community Details
Overview
- 2 Buildings
- 4 Units
- The Point Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 31, 2025
Sold by
Morgan C Huntley T 2022 and Huntley
Bought by
Paquette Marc and Brassard Julie
Total Days on Market
50
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,499,900
Outstanding Balance
$1,498,407
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$59,016
Purchase Details
Closed on
Jun 7, 2022
Sold by
Huntley Morgan C
Bought by
Morgan C Huntley T C and Morgan Huntley
Purchase Details
Listed on
May 11, 2018
Closed on
Jul 31, 2018
Sold by
Moore Geoffrey W and Moore Gillian M
Bought by
Huntley Morgan C
Seller's Agent
Jack McVicker
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Christopher Davis
Hogan Associates Christie's
List Price
$770,000
Sold Price
$766,000
Premium/Discount to List
-$4,000
-0.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.63%
Original Mortgage
$315,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 23, 1991
Sold by
Citicorp Mtg
Bought by
David Moore
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paquette Marc | $1,875,000 | None Available | |
| Paquette Marc | $1,875,000 | None Available | |
| Morgan C Huntley T C | -- | None Available | |
| Huntley Morgan C | $766,000 | -- | |
| Huntley Morgan C | $766,000 | -- | |
| David Moore | $162,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paquette Marc | $1,499,900 | |
| Closed | Paquette Marc | $1,499,900 | |
| Previous Owner | Huntley Morgan C | $315,000 | |
| Previous Owner | David Moore | $325,000 | |
| Previous Owner | David Moore | $10,000 | |
| Previous Owner | David Moore | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/31/2018 07/31/18 | Sold | $766,000 | -0.5% | $182 / Sq Ft |
| 07/01/2018 07/01/18 | Pending | -- | -- | -- |
| 05/11/2018 05/11/18 | For Sale | $770,000 | -- | $183 / Sq Ft |
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 | $8,156 | $1,170,200 | $488,000 | $682,200 |
| 2023 | $7,449 | $750,900 | $321,300 | $429,600 |
| 2022 | $7,216 | $750,900 | $321,300 | $429,600 |
| 2021 | $7,006 | $750,900 | $321,300 | $429,600 |
| 2020 | $6,001 | $583,800 | $286,000 | $297,800 |
| 2019 | $6,001 | $583,800 | $286,000 | $297,800 |
| 2018 | $5,832 | $583,800 | $286,000 | $297,800 |
| 2017 | $5,398 | $481,500 | $220,000 | $261,500 |
| 2016 | $5,263 | $481,500 | $220,000 | $261,500 |
| 2015 | $5,138 | $481,500 | $220,000 | $261,500 |
| 2014 | $4,992 | $413,900 | $172,000 | $241,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jack McVicker
Seller's Agent in 2018
Jack McVicker
RE/MAX Profnl. Newport, Inc.
(401) 829-1601
6 in this area
22 Total Sales
-
Christopher Davis
C
Buyer's Agent in 2018
Christopher Davis
Hogan Associates Christie's
(401) 239-7719
2 in this area
20 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1191433
APN: NEWP-000012-000029-000006
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