NOT LISTED FOR SALE

29 Marsh St Newport, RI 02840

Estimated Value: $991,000 - $2,011,000

10 Beds
6 Baths
5,664 Sq Ft
$249/Sq Ft Est. Value

Last Sold January 23, 2020

Last sale price $1,250,000 $221 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $8,043/month

2 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Air Filtration System
  • Wood Flooring
  • Walking Distance to Water
  • 3-minute walk to Storer Park

About This Home

As of January 2020

This home is located at 29 Marsh St, Newport, RI 02840 since 21 January 2020 and is currently estimated at $1,410,000, approximately $248 per square foot. This property was built in 1880. 29 Marsh St 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.

Last Agent to Sell the Property

Lisa morrison

Coldwell Banker Realty License #RES.0033995 Listed on: 01/21/2020

Coldwell Banker Realty

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,189

Year Built

  • Built in 1880

Lot Details

  • 5,000

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 5,664 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • Air Filtration System
  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 072/242
  • Assessor Parcel Number 29291/2MARSHSTNEWP

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • The Point Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,189

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 5664.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Water Heater, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Air Filtration
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Window Unit(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Public Transportation, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 29291/2MARSHSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 10189.0
  • Tax Lot: 072/242
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Newport Flats Llc
Bought by
Shea Michael E
Current Estimated Value
$1,368,667

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jan 23, 2020
Sold by
Asc Realty Co Llc
Bought by
Newport Flats Llc
Seller's Agent
Lisa morrison
Coldwell Banker Realty
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$1,475,000
Sold Price
$1,250,000
Premium/Discount to List
-$225,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%
Original Mortgage
$950,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 24, 2013
Closed on
Nov 27, 2013
Sold by
Wilmington Trust Na Tr
Bought by
Asc Realty Co Llc
Seller's Agent
Stephen Patti
RHL Properties
Buyer's Agent
Libby Kirwin
Libby Kirwin Real Estate
List Price
$346,500
Sold Price
$387,000
Premium/Discount to List
$40,500
11.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.97%

Purchase Details

Closed on
Aug 15, 2013
Sold by
Amey Jessica T
Bought by
Wilmington T Na

Purchase Details

Closed on
Jul 29, 2005
Sold by
Mather Christopher R
Bought by
Amey Russell H and Amey Jessica T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2003
Sold by
Bergler Rolf
Bought by
Mather Christopher
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
Shea Michael E -- None Available
Newport Flats Llc $1,250,000 None Available
Asc Realty Co Llc $387,000 --
Wilmington Trust Na $577,983 --
Wilmington T Na $577,983 --
Amey Russell H $565,000 --
Mather Christopher $357,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newport Flats Llc $950,000
Previous Owner Asc Realty Co Llc $476,000
Previous Owner Asc Realty Co Llc $2,042,000
Previous Owner Asc Realty Co Llc $850,000
Previous Owner Asc Realty Co Llc $450,000
Previous Owner Asc Realty Co Llc $300,000
Previous Owner Asc Realty Co Llc $290,000
Previous Owner Mather Christopher $360,000
Previous Owner Mather Christopher $452,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2020 01/23/20 Sold $1,250,000 -15.3% $221 / Sq Ft
01/21/2020 01/21/20 For Sale $1,475,000 +172.6% $260 / Sq Ft
01/11/2017 01/11/17 Sold $541,000 +54000.0% $347 / Sq Ft
12/12/2016 12/12/16 Pending -- -- --
10/30/2016 10/30/16 For Rent $1,000 0.0% --
10/30/2016 10/30/16 Rented $1,000 0.0% --
04/26/2016 04/26/16 For Sale $560,000 0.0% $359 / Sq Ft
12/27/2015 12/27/15 For Rent $1,400 +27.3% --
12/27/2015 12/27/15 Rented $1,100 0.0% --
11/27/2013 11/27/13 Sold $387,000 +11.7% $163 / Sq Ft
10/28/2013 10/28/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $346,500 -- $146 / 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 $6,589 $945,300 $412,900 $532,400
2023 $6,014 $606,200 $271,800 $334,400
2022 $5,826 $606,200 $271,800 $334,400
2021 $5,656 $606,200 $271,800 $334,400
2020 $4,982 $484,600 $276,400 $208,200
2019 $4,982 $484,600 $276,400 $208,200
2018 $4,841 $484,600 $276,400 $208,200
2017 $4,856 $433,200 $212,600 $220,600
2016 $4,735 $433,200 $212,600 $220,600
2015 $4,622 $433,200 $212,600 $220,600
2014 $4,047 $335,600 $166,200 $169,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1245248

State-Wide MLS

APN: NEWP-000016-000000-000242