NOT LISTED FOR SALE

32 Elm St Newport, RI 02840

Estimated Value: $2,043,000 - $2,124,610

3 Beds
2.5 Baths
2,822 Sq Ft
$737/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $1,144,000 $405 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $12,707/month

76 Days on Market

Highlights

  • Marina
  • Spa
  • Wood Flooring
  • Golf Course Community
  • Colonial Architecture
  • 3-minute walk to Storer Park

About This Home

As of July 2018

This stunning Colonial reproduction offers high style living with ease and class. Built in the spirit and tradition of fine New England architecture. This classic features open concept living, spacious rooms, and elegant finishes throughout. The show stopping kitchen and stunning bathrooms are highlights of the residence alongside an award winning garden and terrace. Parking for 3 cars.

Last Agent to Sell the Property

Chris West

Gustave White Sotheby's Realty License #REB.0013055 Listed on: 04/04/2018

Gustave White Sotheby's Realty

Last Buyer's Agent

Samantha Walton

Redfin Corporation License #RES.0042467

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,645

Year Built

  • Built in 2000

Lot Details

  • 3,484 Sq Ft Lot
  • Corner Lot
  • Sprinkler System
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Block Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2,822 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Spa
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Power Generator
  • Tankless Water Heater
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 32ELMSTNEWP

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

$7,645

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 2822.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 2822.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Corner Lot, Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Block

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Wall Unit(s), Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Generator
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

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: 3484.0
  • Parcel #: 32ELMSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7645.0
  • Tax Lot: 43
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2015
Sold by
Kahn Lawrence I
Bought by
Kahn Lawrence I and Kahn Diana
Current Estimated Value
$2,080,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$462,179
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,799,516

Purchase Details

Closed on
Nov 4, 2005
Sold by
Thompson Karen Joan
Bought by
Kahn Lawrence I

Purchase Details

Closed on
Apr 20, 2000
Sold by
Vaillancourt Charles J
Bought by
Thompson Robert A and Thompson Karen J
Source: Public Records

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Range of Values:

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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
Kahn Lawrence I -- --
Kahn Lawrence I $835,000 --
Thompson Robert A $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Robert A $600,000
Previous Owner Thompson Robert A $670,000
Previous Owner Thompson Robert A $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $1,144,000 -6.6% $405 / Sq Ft
06/20/2018 06/20/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $1,225,000 -- $434 / 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 $13,433 $1,927,300 $458,300 $1,469,000
2023 $12,682 $1,278,400 $301,700 $976,700
2022 $12,285 $1,278,400 $301,700 $976,700
2021 $11,927 $1,278,400 $301,700 $976,700
2020 $11,536 $1,122,200 $282,400 $839,800
2019 $11,536 $1,122,200 $282,400 $839,800
2018 $11,211 $1,122,200 $282,400 $839,800
2017 $7,645 $682,000 $217,100 $464,900
2016 $7,454 $682,000 $217,100 $464,900
2015 $7,277 $682,000 $217,100 $464,900
2014 $7,761 $643,500 $169,700 $473,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1186694

State-Wide MLS

APN: NEWP-000016-000000-000043