$315,000 - $415,000
RENTED JUL 15, 2024

32 School St Unit 3 Newport, RI 02840

Historic Hill Neighborhood
1 Bed
1 Bath
439 Sq Ft
$860 Price per Sq Ft

Last Sold August 02, 2018

Last sale price $229,000 $522 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,194/month

About This Home

As of August 2018

Winter rental 7 month term 11/01/2024-05/31/2025. A cozy place in the heart of Newport's Historic Hill with a two block walk to the center of Thames St. One bedroom, one bath, second floor condo with one on-site assigned off street parking spot. This sunny second floor condo has hardwood floors, and brand new insulated double paned windows. The condo is fully & newly furnished by the owners that reside in the condo for the summer months. Perfect location to walk to all of downtown Newport's restaurants & bars, water front and historic sites, 0.8 miles to Newport hospital, 2.5 miles to US Navy Base. This historic 1866 condo building has 5 units-two on 1st floor, two on 2nd floor, and one on the 3rd floor. No pets/smoking.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Aug 2, 2018
Sold by
Larocca John M and Larocca Marie T
Bought by
Mcglinn William J and Mcglinn Kathleen D
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
David Travers
List Price
$229,000
Sold Price
$229,000
Current Estimated Value
$377,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,555
Avg. Annual Appreciation
8.26%

Purchase Details

Closed on
Sep 9, 2005
Sold by
Oliveira Carlos
Bought by
Larocca Marie T and Larocca John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Tierney Tomye
Bought by
Oliveira Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2001
Sold by
Ramsey James F
Bought by
Tierney Tomye
Source: Public Records

Range of Values:

Collateral Analytics

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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
Mcglinn William J $229,000 --
Larocca Marie T $210,000 --
Oliveira Carlos $177,000 --
Tierney Tomye $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tierney Tomye $116,000
Previous Owner Tierney Tomye $110,000
Previous Owner Tierney Tomye $141,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2024 07/15/24 Rented $1,470 +5.0% --
07/01/2024 07/01/24 For Rent $1,400 +10.6% --
07/21/2022 07/21/22 Rented $1,266 +5.5% --
07/16/2022 07/16/22 For Rent $1,200 +22.4% --
08/04/2020 08/04/20 For Rent $980 0.0% --
08/04/2020 08/04/20 Rented $980 0.0% --
08/02/2018 08/02/18 Sold $229,000 0.0% $480 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $229,000 -- $480 / 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 $2,278 $277,100 $0 $277,100
2023 $1,143 $115,200 $0 $115,200
2022 $1,107 $115,200 $0 $115,200
2021 $1,075 $115,200 $0 $115,200
2020 $990 $96,300 $0 $96,300
2019 $990 $96,300 $0 $96,300
2018 $962 $96,300 $0 $96,300
2017 $1,334 $119,000 $0 $119,000
2016 $1,301 $119,000 $0 $119,000
2015 $1,270 $119,000 $0 $119,000
2014 $1,717 $142,400 $0 $142,400
Source: Public Records

Agents Affiliated with this Home

  • David Travers

    Seller's Agent in 2024

    David Travers

    Keller Williams Coastal

    (401) 835-5411

    1 in this area

    105 Total Sales

    David Travers
    Section Image
  • Michelle Drum

    Seller's Agent in 2018

    Michelle Drum

    Gustave White Sotheby's Realty

    (401) 265-3423

    11 in this area

    67 Total Sales

    Michelle Drum
    Section Image
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Map

Rhode Island Newport County Newport 02840 Historic Hill

32 School St Unit 3, Newport, RI

This home is located at 32 School St Unit 3, Newport, RI 02840 and is currently estimated at $377,555, approximately $860 per square foot. 32 School St Unit 3 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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