$503,000 - $546,000
RENTED DEC 9, 2024

32 School St Unit 2 Newport, RI 02840

Historic Hill Neighborhood
1 Bed
1 Bath
672 Sq Ft
$792 Price per Sq Ft

Last Sold February 17, 2022

Last sale price $410,000 $610 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,245/month

About This Home

As of February 2022

Welcome to Historic Hill, where you'll live in an amazing Victorian home (Hammett House circa 1866) surrounded by other historic properties on a quiet tree-lined street. Walk out the front door and you're only steps from all the action of Newport's restaurants / bars, shops and harbor front - but return to a neighborhood that feels secluded from it all!

This cozy fully furnished 1 bedroom is located on the 1st floor and gets great light throughout the day. The living room has hardwood floors, large couch a flat screen TV. The kitchen features a gas cooktop and oven and large fridge.

The large bedroom has high ceilings, multiple closets, a beautiful ornamental fireplace and brand new washer and dryer. The full bathroom has classic tiling and walk-in shower.

Tenant is responsible for Electric and Gas (heat & oven) and Landlord covers water, internet, trash/sewer and grounds maintenance. Parking is on the street. Rental period runs from November 1st 2024 to October 31, 2025. Call for a showing - you'll love it here!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2021
Closed on
Feb 17, 2022
Sold by
Sullivan Mary S
Bought by
Hogan Devon L
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Leslie Hogan
Hogan Associates Christie's
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Current Estimated Value
$532,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,251
Avg. Annual Appreciation
6.03%
Original Mortgage
$280,000
Outstanding Balance
$263,917
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$232,964

Purchase Details

Listed on
Jul 23, 2014
Closed on
Mar 30, 2015
Sold by
Delaney Brian M
Bought by
Sullivan Mary S
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
Jacqueline Cranwell
Century 21 Topsail Realty
List Price
$249,000
Sold Price
$215,000
Premium/Discount to List
-$34,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$204,250
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1996
Sold by
Shapiro Gerald M and Kreisman David S
Bought by
Duchardt Daniel J and Duchardt Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
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
Hogan Devon L $410,000 None Available
Sullivan Mary S $215,000 --
Duchardt Daniel J $57,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hogan Devon L $15,000
Open Hogan Devon L $280,000
Previous Owner Duchardt Daniel J $204,250
Previous Owner Duchardt Daniel J $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2024 12/09/24 Rented $2,300 0.0% --
12/08/2024 12/08/24 Under Contract -- -- --
10/15/2024 10/15/24 For Rent $2,300 0.0% --
02/17/2022 02/17/22 Sold $410,000 -3.5% $610 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $425,000 +97.7% $632 / Sq Ft
03/30/2015 03/30/15 Sold $215,000 -13.7% $320 / Sq Ft
02/28/2015 02/28/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $249,000 -- $371 / Sq Ft

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 $3,193 $388,500 $0 $388,500
2023 $1,529 $154,100 $0 $154,100
2022 $1,481 $154,100 $0 $154,100
2021 $1,438 $154,100 $0 $154,100
2020 $1,268 $123,300 $0 $123,300
2019 $1,268 $123,300 $0 $123,300
2018 $1,232 $123,300 $0 $123,300
2017 $1,710 $152,500 $0 $152,500
2016 $1,667 $152,500 $0 $152,500
2015 $1,627 $152,500 $0 $152,500
2014 $2,202 $182,600 $0 $182,600
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Schuyler Horton

    Hogan Associates Christie's

    (203) 305-0902

    4 Total Sales

    Schuyler Horton
    Section Image
  • David McCauley

    Seller's Agent in 2022

    David McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 862-6206

    1 in this area

    74 Total Sales

    David McCauley
    Section Image
  • Dawn McCauley

    Seller Co-Listing Agent in 2022

    Dawn McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 864-6348

    2 in this area

    79 Total Sales

    Dawn McCauley
    Section Image
  • Leslie Hogan

    Buyer's Agent in 2022

    Leslie Hogan

    Hogan Associates Christie's

    (401) 845-9500

    2 in this area

    90 Total Sales

    Leslie Hogan
    Section Image
  • Michelle Drum

    Seller's Agent in 2015

    Michelle Drum

    Gustave White Sotheby's Realty

    (401) 265-3423

    11 in this area

    65 Total Sales

    Michelle Drum
    Section Image

  • J

    Buyer's Agent in 2015

    Jacqueline Cranwell

    Century 21 Topsail Realty

See All Agents

Map

Rhode Island Newport County Newport 02840 Historic Hill

32 School St Unit 2, Newport, RI

Homes for Sale in Newport, RI

This home is located at 32 School St Unit 2, Newport, RI 02840 and is currently estimated at $532,251, approximately $792 per square foot. 32 School St Unit 2 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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