NOT LISTED FOR SALE

16 Bridge St Newport, RI 02840

Estimated Value: $1,826,000 - $2,257,000

3 Beds
3.5 Baths
2,290 Sq Ft
$896/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $1,275,000 $557 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $12,009/month

74 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Wood Flooring
  • Golf Course Community
  • Deck
  • 3-minute walk to Cardines Field

About This Home

As of November 2020

Exceptional historic Colonial has been exquisitely renovated while retaining it's charming period details. Located in the desirable Point neighborhood, on one of the most vibrant blocks, this home boasts a stately friendship stoop, beautiful vintage pine floors, central air, three wood-burning fireplaces, a brand new master bath and 2 1/2 more perfectly renovated bathrooms. In addition to a bedroom the third floor also has two cozy window seats and two oversized built in beds under a bank of windows for extra guests. Off-street parking and a charming, private fenced in yard with a large deck provide plenty of space for outdoor living and dining. There is a full-sized basement with a work shop and plenty of storage. This Newport gem, the William Claggett House c 1718, is steps to Newport Harbor and easy walking distance to all the fine restaurants, shops and attractions this seaside town has to offer.

Last Agent to Sell the Property

Kathleen Greenman

Gustave White Sotheby's Realty License #RES.0014874 Listed on: 08/03/2020

Gustave White Sotheby's Realty

Last Buyer's Agent

Richard Wucik

Compass License #RES.0040660

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,389

Year Built

  • Built in 1718

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Property is zoned R-10

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Brick Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,290 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Fireplace Features Masonry
  • Workshop
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Property near a hospital

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 80
  • Assessor Parcel Number 16BRIDGESTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,389

Year Built

Built in 1718

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 2290.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1718
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 2290.0
  • Dining Room Type: Laundry, Storage Room, Workshop
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4356.0
  • Parcel #: 16BRIDGESTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10388.83
  • Tax Lot: 80
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Nov 6, 2020
Sold by
Houze Philippe L and Houze Marie
Bought by
Kazassi Avi and Hoffman Maria
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Richard Wucik
Compass
List Price
$1,295,000
Sold Price
$1,275,000
Premium/Discount to List
-$20,000
-1.54%
Current Estimated Value
$2,051,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$776,508
Avg. Annual Appreciation
10.33%
Original Mortgage
$510,400
Outstanding Balance
$454,183
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,597,325

Purchase Details

Listed on
Oct 12, 2013
Closed on
Jan 9, 2014
Sold by
Mcmillen Elizabeth W and Mcmillen Earl
Bought by
Houze Philippe L and Houze Marie
Seller's Agent
Kimberly Doherty
Lila Delman Compass
Buyer's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
List Price
$945,000
Sold Price
$925,000
Premium/Discount to List
-$20,000
-2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$647,500
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2006
Sold by
Deramel Regis and Deramel Laura
Bought by
Mcmillen Elizabeth and Mcmillen Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2003
Sold by
Hagen James and Hagen Jessica
Bought by
Deramel Regis and Deramel Laura

Purchase Details

Closed on
Jun 9, 2000
Sold by
Dunbar Bartlett S and Dunbar Lisa L
Bought by
Hagen James R
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 Buyer Sale Price Title Company
Kazassi Avi $1,275,000 None Available
Houze Philippe L $925,000 --
Mcmillen Elizabeth $77,000 --
Deramel Regis $599,500 --
Hagen James R $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kazassi Avi $510,400
Previous Owner Hagen James R $647,500
Previous Owner Hagen James R $417,000
Previous Owner Hagen James R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $1,275,000 -1.5% $557 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $1,295,000 +40.0% $566 / Sq Ft
01/09/2014 01/09/14 Sold $925,000 -2.1% $343 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
10/12/2013 10/12/13 For Sale $945,000 -- $350 / 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 $14,104 $1,964,400 $571,700 $1,392,700
2024 $13,692 $1,964,400 $571,700 $1,392,700
2023 $12,171 $1,226,900 $325,800 $901,100
2022 $11,791 $1,226,900 $325,800 $901,100
2021 $11,447 $1,226,900 $325,800 $901,100
2020 $10,384 $1,010,100 $284,400 $725,700
2019 $10,384 $1,010,100 $284,400 $725,700
2018 $10,091 $1,010,100 $284,400 $725,700
2017 $8,837 $788,300 $159,100 $629,200
2016 $8,616 $788,300 $159,100 $629,200
2015 $8,411 $788,300 $159,100 $629,200
2014 $8,648 $717,100 $135,200 $581,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1260687

State-Wide MLS

APN: NEWP-000017-000000-000080