NOT LISTED FOR SALE

35 Farewell St Newport, RI 02840

Estimated Value: $800,000 - $1,091,000

3 Beds
1.5 Baths
1,546 Sq Ft
$600/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $440,000 $285 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,640/month

197 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Walking Distance to Water
  • Antique Architecture
  • Tennis Courts
  • 4-minute walk to Eisenhower Park

About This Home

As of October 2018

Hello, Farewell! Proudly boasting the name of Oliver Hazard Perry, this turn-key home won't disappoint. Charming, historic details have stood the test of time; from the wide-plank pine floors to the stained glass windows. First floor living space flows seamlessly from living to dining, with the updated kitchen at the heart of it all. Bright hardwoods continue through three bedrooms on the second level. The large master surprises with a spiral staircase leading up to a third floor loft that makes for a great office space, play space, or both! With quick access to all that Newport has to offer, walk or bike to Broadway, Thames, or the Point when you’re not enjoying your own backyard space. Truly a must see, before it's gone!

Last Agent to Sell the Property

Sarah Kirwin Brady

Residential Properties Ltd. License #RES.0040313 Listed on: 02/17/2018

Residential Properties Ltd.

Last Buyer's Agent

Libby Kirwin

Libby Kirwin Real Estate License #REB.0017170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,833

Year Built

  • Built in 1894

Lot Details

  • 1,742 Sq Ft Lot
  • Property is zoned R-10

Parking

  • No Garage

Home Design

  • Antique Architecture
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 1,546 Sq Ft Home
  • 3-Story Property
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Oil Water Heater
  • Satellite Dish

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 35FAREWELLSTNEWP

Community Details

Overview

  • The Point / Farewell Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,833

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: The Point / Farewell
  • Above Grade Finished Sq Ft: 1546.0
  • Architectural Style: Historic/Antique
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1894
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Oven, Oil Water Heater, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1546.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.4
  • Parcel #: 35FAREWELLSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3832.7
  • Tax Lot: 69
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2018
Closed on
Oct 3, 2018
Sold by
Mcsweeney Rebecca
Bought by
Iwanski Thomas E and Iwanski Maureen A
Seller's Agent
Sarah Kirwin Brady
Residential Properties Ltd.
Buyer's Agent
Libby Kirwin
Libby Kirwin Real Estate
List Price
$499,000
Sold Price
$440,000
Premium/Discount to List
-$59,000
-11.82%
Current Estimated Value
$928,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$488,321
Avg. Annual Appreciation
10.43%
Original Mortgage
$352,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2017
Sold by
Mcsweeney Daniel J and Mcsweeney Rebecca C
Bought by
Mcsweeney Rebecca
Source: Public Records

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 Buyer Sale Price Title Company
Iwanski Thomas E $440,000 --
Mcsweeney Rebecca -- --
Mcsweeney Rebecca -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iwanski Thomas E $354,716
Closed Iwanski Thomas E $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2018 10/03/18 Sold $440,000 -11.8% $285 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
02/17/2018 02/17/18 For Sale $499,000 -- $323 / 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 $6,982 $849,400 $308,500 $540,900
2023 $5,172 $521,400 $169,300 $352,100
2022 $5,011 $521,400 $169,300 $352,100
2021 $4,865 $521,400 $169,300 $352,100
2020 $4,673 $454,600 $171,300 $283,300
2019 $4,673 $454,600 $171,300 $283,300
2018 $4,541 $454,600 $171,300 $283,300
2017 $3,833 $341,900 $96,900 $245,000
2016 $3,737 $341,900 $96,900 $245,000
2015 $3,648 $341,900 $96,900 $245,000
2014 $4,166 $345,400 $96,900 $248,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sarah Kirwin Brady

    Residential Properties Ltd.

    (401) 338-9881

    2 in this area

    19 Total Sales

    Sarah Kirwin Brady
    Section Image
  • Libby Kirwin

    Buyer's Agent in 2018

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    6 in this area

    53 Total Sales

    Libby Kirwin
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1182869

State-Wide MLS

APN: NEWP-000017-000000-000069

Rhode Island Newport County Newport 02840

35 Farewell St, Newport, RI

This home is located at 35 Farewell St, Newport, RI 02840 since 17 February 2018 and is currently estimated at $928,321, approximately $600 per square foot. This property was built in 1894. 35 Farewell St 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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