NOT LISTED FOR SALE

30 Franklin St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,035,000 - $1,795,000

5 Beds
4 Baths
2,461 Sq Ft
$583/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $575,000 $234 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $8,768/month

294 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Water Views
  • Deck
  • 3-minute walk to Queen Anne Square

About This Home

As of March 2014

Excellent Historic Hill location, views of Newport's Harbor and Waterfront, off-street parking for 3, currently a well maintained 2 family, possible conversion back to storefront. Updated interior with integral Historic remnants. Patio and Deck

Last Listed By

Jeremy Booth

JB Newport Realty License #REB.0019026 Listed on: 05/10/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,562

Year Built

  • Built in 1880

Lot Details

  • 2,614

Home Design

  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,461 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Skylights
  • Storage Room
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Windows

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • 2,614 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 52
  • Assessor Parcel Number 30FRANKLINSTNEWP

Community Details

Overview

  • 2 Units
  • Historic Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,562

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: HISTORIC HILL
  • Above Grade Finished Sq Ft: 2461.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Interior Amenities: Skylights, Furnished
  • Living Area: 2461.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2614.0
  • Parcel #: 30FRANKLINSTNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5562.0
  • Tax Lot: 52
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2013
Closed on
Mar 31, 2014
Sold by
Newport Holdings Llc
Bought by
Elam Realty Llc
Seller's Agent
Jeremy Booth
JB Newport Realty
Buyer's Agent
Kate Leonard
Compass / Lila Delman Compass
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%
Total Days on Market
294
Current Estimated Value
$1,434,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$859,036
Avg. Annual Appreciation
7.01%
Original Mortgage
$431,250
Outstanding Balance
$331,729
Interest Rate
4.27%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$893,997

Purchase Details

Closed on
Oct 2, 1998
Sold by
Hinck James A and Wall Ann Marie
Bought by
Newport Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.89%

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
Elam Realty Llc $575,000 --
Newport Holdings Llc $268,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newport Holdings Llc $431,250
Previous Owner Newport Holdings Llc $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2014 03/31/14 Sold $575,000 -4.0% $234 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
05/10/2013 05/10/13 For Sale $599,000 -- $243 / 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 $8,896 $1,082,200 $361,200 $721,000
2023 $7,634 $769,600 $236,100 $533,500
2022 $7,162 $745,300 $236,100 $509,200
2021 $6,954 $745,300 $236,100 $509,200
2020 $5,490 $534,000 $218,800 $315,200
2019 $5,490 $534,000 $218,800 $315,200
2018 $5,335 $534,000 $218,800 $315,200
2017 $6,454 $575,700 $368,400 $207,300
2016 $6,292 $575,700 $368,400 $207,300
2015 $6,143 $575,700 $368,400 $207,300
2014 $5,905 $489,600 $239,500 $250,100
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Booth

    Seller's Agent in 2014

    Jeremy Booth

    JB Newport Realty

    (401) 480-8855

    3 in this area

    21 Total Sales

    Jeremy Booth
    Section Image

  • K

    Seller Co-Listing Agent in 2014

    Kate Leonard

    Compass / Lila Delman Compass

    (401) 952-3461

    3 in this area

    38 Total Sales

    Kate Leonard
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1040809

State-Wide MLS

APN: NEWP-000027-000000-000052

Rhode Island Newport County Newport 02840 Historic Hill

30 Franklin St, Newport, RI

Homes for Sale in Newport, RI

This home is located at 30 Franklin St, Newport, RI 02840 since 10 May 2013 and is currently estimated at $1,434,036, approximately $582 per square foot. This property was built in 1880. 30 Franklin 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.

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