NOT LISTED FOR SALE

32 Walnut St Newport, RI 02840

Estimated Value: $1,127,264 - $1,366,000

4 Beds
2.5 Baths
1,642 Sq Ft
$749/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $755,000 $460 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,323/month

101 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Water Access
  • Attic
  • 4-minute walk to Battery Park

About This Home

As of July 2020

"The Point" Cottage Circa 1873 exceptionally upgraded with modern aesthetic. First floor conversion added a Master suite with separate Glass Shower and soaking tub along with a cedar lined walk-in closet. It also created a new half bath and mudroom with access to the new enclosed patio. Kitchen was completely remodeled to maximize space and functionality with quality finishes. Living room features new gas fireplace for cozy evenings. New High Efficiency Central Air & Heating System with upgraded 200 amp electric panel. New Gas Hot Water tank and RISE Energy Solutions promote a comfortable and efficient environment. Upper level offers three bedrooms with ample closet space and a remodeled bath also with glass shower and soaking tub. Plenty of basement storage and Off Street Parking for 2-4 cars. Act now for your best opportunity to enjoy summer in Newport's Historic Point!

Last Agent to Sell the Property

Louis Upham

Coldwell Banker Realty License #RES.0028259 Listed on: 03/12/2020

Coldwell Banker Realty

Last Buyer's Agent

Aoife O'Dwyer Santos

Teri Degnan RE & Consulting License #RES.0042558

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,016

Year Built

  • Built in 1873

Lot Details

  • 2,790 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Brick Foundation
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,642 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number 32WALNUTSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,016

Year Built

Built in 1873

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.064
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 1642.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1873
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Cedar Closet(s), Skylights, Tub Shower
  • Living Area: 1642.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2790.0
  • Parcel #: 32WALNUTSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5015.61
  • Tax Lot: 079
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jul 21, 2020
Sold by
Bridgewater Kendall G and Bridgewater Lisa A
Bought by
Bock Seth and Stapleton Julianne
Seller's Agent
Louis Upham
Coldwell Banker Realty
Buyer's Agent
Aoife O'Dwyer Santos
Teri Degnan RE & Consulting
List Price
$840,000
Sold Price
$755,000
Premium/Discount to List
-$85,000
-10.12%
Current Estimated Value
$1,230,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,316
Avg. Annual Appreciation
9.66%
Original Mortgage
$566,250
Outstanding Balance
$515,340
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$696,296

Purchase Details

Listed on
Feb 19, 2018
Closed on
Mar 26, 2018
Sold by
Mcweeney Edward J and Mcweeney Michelle L
Bought by
Bridgewater Kendall G and Bridgewater Lisa A
Seller's Agent
Barry Clark
BerkshireHathaway HomeServices
Buyer's Agent
Louis Upham
RE/MAX Profnl. Newport, Inc.
List Price
$439,000
Sold Price
$555,000
Premium/Discount to List
$116,000
26.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.12%
Original Mortgage
$555,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2000
Sold by
Schmidt Colleen M
Bought by
Mcweeney Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Bock Seth $755,000 None Available
Bridgewater Kendall G $555,000 --
Mcweeney Edward $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bock Seth $566,250
Previous Owner Bridgewater Kendall G $555,000
Previous Owner Mcweeney Edward $80,000
Previous Owner Mcweeney Edward $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2020 07/22/20 Sold $755,000 -10.1% $460 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $840,000 +51.4% $512 / Sq Ft
03/24/2018 03/24/18 Sold $555,000 +26.4% $338 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/19/2018 02/19/18 For Sale $439,000 -- $267 / 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 $8,052 $979,600 $431,900 $547,700
2023 $6,377 $642,800 $284,300 $358,500
2022 $6,177 $642,800 $284,300 $358,500
2021 $5,997 $642,800 $284,300 $358,500
2020 $5,016 $487,900 $279,000 $208,900
2019 $5,016 $487,900 $279,000 $208,900
2018 $4,874 $487,900 $279,000 $208,900
2017 $4,575 $408,100 $214,500 $193,600
2016 $4,461 $408,100 $214,500 $193,600
2015 $4,354 $408,100 $214,500 $193,600
2014 $4,272 $354,200 $167,700 $186,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1249223

State-Wide MLS

APN: NEWP-000012-000079-000004