NOT LISTED FOR SALE

31 Edward St Newport, RI 02840

Estimated Value: $921,000 - $1,256,591

3 Beds
2.5 Baths
2,252 Sq Ft
$468/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $536,000 $238 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,191/month

47 Days on Market

Highlights

  • Golf Course Community
  • Tennis Courts
  • Walking Distance to Water
  • Wood Flooring
  • Cottage
  • 5-minute walk to Eisenhower Park

About This Home

As of November 2019

A modern newly renovated home located by the Quaker Meeting house just steps to downtown Newport and Broadway! This immaculate home has 3 bedrooms and 2.5 bathrooms. Enjoy granite counters, stainless appliances with an open eat in kitchen and dining room. This home offers efficient gas heat, central air and many more amenities. Outside of your living space you will find a huge dry basement, a fenced private back yard right off the kitchen, off street parking and much more. Attention to Investors - this strong rental history makes it a solid investment for your portfolio.

Last Agent to Sell the Property

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615 Listed on: 08/22/2019

Last Buyer's Agent

Kelly Powers

Hogan Associates Christie's License #RES.0032938

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,169

Year Built

  • Built in 1865

Lot Details

  • 5,662 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Cottage
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Thermal Windows
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 062
  • Assessor Parcel Number 31EDWARDSTNEWP

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,169

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Above Grade Finished Sq Ft: 2252.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1865
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Skylights, Tub Shower
  • Living Area: 2252.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Other
  • Exterior Features: Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5662.0
  • Parcel #: 31EDWARDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5169.0
  • Tax Lot: 062
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2019
Closed on
Oct 10, 2019
Sold by
Lafreniere Kevin
Bought by
Randall Elizabeth W
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Kelly Powers
Hogan Associates Christie's
List Price
$575,000
Sold Price
$536,000
Premium/Discount to List
-$39,000
-6.78%
Current Estimated Value
$1,054,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,648
Avg. Annual Appreciation
12.80%
Original Mortgage
$428,800
Outstanding Balance
$376,416
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$718,534

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 31, 2016
Sold by
Tocci Paul L
Bought by
Lafreniere Kevin F
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.69%
Original Mortgage
$404,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2012
Sold by
Gapco Llc
Bought by
Tocci Paul L

Purchase Details

Closed on
Nov 1, 2010
Sold by
Blackett William C
Bought by
Capco Llc

Purchase Details

Closed on
May 19, 1994
Sold by
Tuck Brian J
Bought by
Blackett William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.44%
Mortgage Type
Purchase Money Mortgage
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
Randall Elizabeth W $536,000 --
Lafreniere Kevin F $525,000 --
Tocci Paul L -- --
Capco Llc $140,000 --
Blackett William C $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Randall Elizabeth W $428,800
Previous Owner Lafreniere Kevin F $404,000
Previous Owner Blackett William C $40,000
Previous Owner Blackett William C $30,000
Previous Owner Blackett William C $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2019 11/08/19 Sold $536,000 -6.8% $238 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $575,000 +9.5% $255 / Sq Ft
10/31/2016 10/31/16 Sold $525,000 -4.4% $233 / Sq Ft View Prior Sale
10/01/2016 10/01/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $549,000 -- $244 / 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 $7,203 $1,003,200 $368,300 $634,900
2024 $6,992 $1,003,200 $368,300 $634,900
2023 $6,241 $629,100 $202,000 $427,100
2022 $6,046 $629,100 $202,000 $427,100
2021 $5,870 $629,100 $202,000 $427,100
2020 $5,169 $502,800 $180,300 $322,500
2019 $5,169 $502,800 $180,300 $322,500
2018 $5,023 $502,800 $180,300 $322,500
2017 $4,592 $409,600 $102,000 $307,600
2016 $4,477 $409,600 $102,000 $307,600
2015 $4,370 $409,600 $102,000 $307,600
2014 $4,410 $365,700 $106,100 $259,600
Source: Public Records

Agents Affiliated with this Home

  • Teri Degnan

    Seller's Agent in 2019

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    19 in this area

    138 Total Sales

    Teri Degnan
    Section Image

  • K

    Buyer's Agent in 2019

    Kelly Powers

    Hogan Associates Christie's

    (413) 896-9416

    1 in this area

    10 Total Sales

    Kelly Powers
    Section Image
  • Libby Kirwin

    Seller's Agent in 2016

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    6 in this area

    52 Total Sales

    Libby Kirwin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1232025

State-Wide MLS

APN: NEWP-000017-000000-000062

Rhode Island Newport County Newport 02840

31 Edward St, Newport, RI

This home is located at 31 Edward St, Newport, RI 02840 since 22 August 2019 and is currently estimated at $1,054,648, approximately $468 per square foot. This property was built in 1865. 31 Edward 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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