NOT LISTED FOR SALE

32 School St Unit 5 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $544,000 - $755,000

1 Bed
1 Bath
958 Sq Ft
$450/mo HOA Fee

Last Sold November 18, 2016

Last sale price $165,000 $172 Per Sq Ft

Est. 278% increase in value since last sale

Current estimated payment $4,277/month

89 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Wood Siding
  • Storm Windows
  • Dogs and Cats Allowed
  • 3-minute walk to Eisenhower Park

About This Home

As of November 2016

Spacious 3rd floor walk-up on Historic Hill -Steps to downtown but on quiet residential street. Private entry, off street parking, in unit laundry and ample storage. Unit needs paint and modern updating throughout. Well run association.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 07/21/2016

RE/MAX Results

Co-Listed By

Alyssa Mazzacco

RE/MAX Profnl. Newport, Inc. License #RES.0035753

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 07/21/2016

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,072

Year Built

  • Built in 1920

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 958 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 128
  • Assessor Parcel Number 32SCHOOLST5NEWP

Community Details

Overview

  • 5 Units
  • Historic Hill Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,072

Year Built

Built in 1920

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: HISTORIC HILL
  • Above Grade Finished Sq Ft: 958.0
  • Building Name: James Hammett House
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Private Entry,Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 958.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 450.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 32SCHOOLST5NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 2072.0
  • Tax Lot: 128
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2014
Closed on
Mar 9, 2015
Sold by
Poirier Lauren
Bought by
Chan Edwin and Wong Peggy
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
Alyssa Mazzacco
RE/MAX Profnl. Newport, Inc.
List Price
$195,000
Sold Price
$140,000
Premium/Discount to List
-$55,000
-28.21%
Total Days on Market
89
Current Estimated Value
$623,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,709
Avg. Annual Appreciation
15.13%

Purchase Details

Closed on
Feb 29, 2012
Sold by
Poirier Stephen G
Bought by
Poirier Lauren

Purchase Details

Closed on
Dec 8, 2000
Sold by
Johns Colleen C
Bought by
Poirier Stephen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,500
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Chan Edwin $140,000 --
Poirier Lauren -- --
Poirier Stephen G $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Poirier Stephen G $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $165,000 -17.1% $172 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
07/21/2016 07/21/16 For Sale $199,000 +42.1% $208 / Sq Ft
03/03/2015 03/03/15 Sold $140,000 -28.2% $146 / Sq Ft
02/01/2015 02/01/15 Pending -- -- --
08/26/2014 08/26/14 For Sale $195,000 -- $204 / 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 $4,031 $490,400 $0 $490,400
2023 $1,967 $198,300 $0 $198,300
2022 $1,906 $198,300 $0 $198,300
2021 $1,850 $198,300 $0 $198,300
2020 $1,613 $156,900 $0 $156,900
2019 $1,613 $156,900 $0 $156,900
2018 $1,567 $156,900 $0 $156,900
2017 $2,177 $194,200 $0 $194,200
2016 $2,123 $194,200 $0 $194,200
2015 $2,072 $194,200 $0 $194,200
2014 $2,805 $232,600 $0 $232,600
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2016

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    21 in this area

    680 Total Sales

    Joe Fitzpatrick
    Section Image

  • A

    Seller Co-Listing Agent in 2016

    Alyssa Mazzacco

    RE/MAX Profnl. Newport, Inc.

  • Michelle Drum

    Seller's Agent in 2015

    Michelle Drum

    Gustave White Sotheby's Realty

    (401) 265-3423

    11 in this area

    67 Total Sales

    Michelle Drum
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1132134

State-Wide MLS

APN: NEWP-000024-000128-000405

Rhode Island Newport County Newport 02840 Historic Hill

32 School St Unit 5, Newport, RI

This home is located at 32 School St Unit 5, Newport, RI 02840 since 21 July 2016 and is currently estimated at $623,709, approximately $651 per square foot. This property was built in 1920. 32 School St Unit 5 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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