NOT LISTED FOR SALE

16 Park St Newport, RI 02840

Estimated Value: $1,018,000 - $1,462,048

3 Beds
3.5 Baths
3,430 Sq Ft
$353/Sq Ft Est. Value

Last Sold June 07, 2013

Last sale price $550,000 $160 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,088/month

82 Days on Market

Highlights

  • Marble Flooring
  • Walking Distance to Water
  • Porch
  • Victorian Architecture
  • 2 Car Detached Garage
  • 3-minute walk to Equality Park

About This Home

As of June 2013

NEWPORT'S BEST KEPT SECRET! EXQUISITE VICTORIAN DESIGNED BY GEORGE CHAMPLIN MASON, FEATURING ORNATE MOLDINGS, ATRIUM, WIDOWS PEAK, FINISHED BSMT W/GUEST SUITE/POSS. IN-LAW, MBR SUITE, LDRY ON 2ND FLR, 2CAR GARAGE, GAS HEAT W/GENERATOR. PRIVACY!

Last Agent to Sell the Property

Amy Hoag

RE/MAX Profnl. Newport, Inc. License #REB.0015474 Listed on: 02/14/2013

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

David McCauley

RE/MAX Profnl. Newport, Inc. License #REB.0010905

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,347

Year Built

  • Built in 1850

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Victorian Architecture
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4-Story Property
  • Marble Fireplace
  • Gas Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Breezeway
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 200+ Amp Service
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 16PARKSTNEWP

Community Details

Overview

  • Off Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,347

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Subdivision Name: OFF BROADWAY
  • Above Grade Finished Sq Ft: 2430.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1850
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Full, Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Gas, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Cable TV
  • Living Area: 3430.0
  • Stories: 4
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Breezeway, Porch, Paved Driveway
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4356.0
  • Parcel #: 16PARKSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4347.0
  • Tax Lot: 042
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2013
Closed on
Jun 7, 2013
Sold by
Briggs Susan H
Bought by
King Phillip A and Marion Christine M
Seller's Agent
Amy Hoag
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
List Price
$639,000
Sold Price
$550,000
Premium/Discount to List
-$89,000
-13.93%
Total Days on Market
82
Current Estimated Value
$1,211,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,762
Avg. Annual Appreciation
8.08%
Original Mortgage
$417,000
Outstanding Balance
$302,830
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$1,093,205

Purchase Details

Closed on
Aug 9, 1994
Sold by
Briggs H Lee
Bought by
Briggs Susan H
Source: Public Records

Range of Values:

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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
King Phillip A $550,000 --
Briggs Susan H $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Briggs Susan H $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2013 06/07/13 Sold $550,000 -13.9% $160 / Sq Ft
05/08/2013 05/08/13 Pending -- -- --
02/14/2013 02/14/13 For Sale $639,000 -- $186 / 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 $7,884 $1,131,200 $189,400 $941,800
2023 $7,278 $733,700 $122,800 $610,900
2022 $7,051 $733,700 $122,800 $610,900
2021 $6,759 $724,400 $122,800 $601,600
2020 $6,158 $599,000 $98,100 $500,900
2019 $6,158 $599,000 $98,100 $500,900
2018 $5,984 $599,000 $98,100 $500,900
2017 $5,742 $512,200 $75,400 $436,800
2016 $5,598 $512,200 $75,400 $436,800
2015 $5,465 $512,200 $75,400 $436,800
2014 $5,280 $437,800 $67,500 $370,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1033858

State-Wide MLS

APN: NEWP-000014-000000-000042