$1,250,000
SOLD AUG 21, 2024
3 Beds
2.5 Baths
3,800 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$329 Per Sq Ft

14% Below List Price

195 Days on Market

Highlights

  • Water Views
  • Wood Burning Stove
  • Wood Flooring
  • Deck
  • Antique Architecture
  • 2-minute walk to Queen Anne Square

About This Home

As of August 2024

A true historic post and beam constructed home in a great location within walking distance to the many great Newport venues. Originally the property was called the Conservatory in the 17th c. and was a working stable on Newport's waterfront. In the 19th c. Peleg Sanford dismantled the Conservatory and reassembled it close by on Green St. The present owner, and architectural conservator/artist, in 1974 converted the property into a residence with a corporate space and studio. The home has many amenities: 2 parking spaces, 3 working wood fireplaces, numerous bookshelves, large dining and living rooms and a private guest quarter with separate kitchen and private entrance. The property is zoned commercial with an attached working sculpture studio with large glass windows opening onto Green Street. This space is ideal for home office, artist studio and wood working studio. Property is to be sold "As Is."
THIS SALE IS UNDER A CONTINGENCY AND CAN BE SHOWN.

Last Agent to Sell the Property

FRANCIS OLIVEIRA

RE/MAX Profnl. Newport, Inc. License #REB.0005816

Last Buyer's Agent

Janet Booth

JB Newport Realty License #REB.0014997

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,248

Year Built

  • 1850

Lot Details

  • 3,049 Sq Ft Lot
  • Property is zoned GB

Home Design

  • Antique Architecture
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,800 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 3 Fireplaces
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Public Transportation

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 32GREENSTNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,248

Year Built

1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Above Grade Finished Sq Ft: 3800.0
  • Architectural Style: Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2
  • Year Built: 1850

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Skylights, Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 3800.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Available, Sewer Connected, Water Available
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 32GREENSTNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6248.42
  • Tax Lot: 006
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2024
Closed on
Aug 21, 2024
Sold by
Wermuth James A
Bought by
Picard Eric and Petersen Erynn
Seller's Agent
FRANCIS OLIVEIRA
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Janet Booth
JB Newport Realty
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Total Days on Market
195
Views
127
Current Estimated Value
$1,269,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,803
Avg. Annual Appreciation
2.06%
Original Mortgage
$200,000
Outstanding Balance
$198,338
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,071,465

Map

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 Type Sale Price Title Company
Warranty Deed $1,250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Open $500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2024 08/21/24 Sold $1,250,000 -16.7% $329 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $1,500,000 +3.4% $395 / Sq Ft
01/03/2024 01/03/24 For Sale $1,450,000 -- $382 / Sq Ft
Source: State-Wide MLS

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 $7,848 $1,126,000 $514,100 $611,900
2023 $6,450 $650,200 $293,000 $357,200
2022 $6,248 $650,200 $293,000 $357,200
2021 $6,066 $650,200 $293,000 $357,200
2020 $6,505 $632,800 $376,300 $256,500
2019 $6,505 $632,800 $376,300 $256,500
2018 $6,322 $632,800 $376,300 $256,500
2017 $5,368 $478,900 $241,400 $237,500
2016 $5,234 $478,900 $241,400 $237,500
2015 $5,110 $478,900 $241,400 $237,500
2014 $5,960 $494,200 $241,400 $252,800
Source: Public Records

Source: State-Wide MLS

MLS Number: 1350361

State-Wide MLS

APN: NEWP-000027-000006-000004