35 Franklin St Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $881,344
3
Beds
4
Baths
2,176
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Walking Distance to Water
- Golf Course Community
- Tennis Courts
- 4-minute walk to Aquidneck Park
About This Home
As of May 2017High visibility with great foot and vehicular traffic. Perfect in town home and retail space. Live and work or great investment! Building is in excellent condition with new renovations. Private fenced in backyard. Walk to that Newport has to offer.
Last Agent to Sell the Property
The Luxury Group
HomeSmart Professionals Listed on: 05/06/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,548
Year Built
- Built in 1700
Lot Details
- 1,755
Parking
- No Garage
Home Design
- Clapboard
Interior Spaces
- 2,176 Sq Ft Home
- 2-Story Property
- Skylights
- Wood Flooring
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Additional Features
- Walking Distance to Water
- 1,755 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 070
- Assessor Parcel Number 35FRANKLINSTNEWP
Community Details
Overview
- 4 Units
- Downtown Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 23, 2019
Sold by
Unomas Llc
Bought by
Zach Gregory R and Zaffina Flavia A
Total Days on Market
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,771
Outstanding Balance
$324,638
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$562,932
Purchase Details
Listed on
May 6, 2017
Closed on
May 31, 2017
Sold by
C & D Realty Llc
Bought by
Kato Trading Inc
Seller's Agent
The Luxury Group
HomeSmart Professionals
Buyer's Agent
Michelle Snoeren
Engel & Volkers
List Price
$524,000
Sold Price
$520,000
Premium/Discount to List
-$4,000
-0.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Purchase Details
Listed on
Jun 14, 2012
Closed on
May 1, 2013
Sold by
Parmelee Anna E
Bought by
C&D Realty Llc
Seller's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Joseph Fitzpatrick
RE/MAX Results
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$344,000
Interest Rate
3.57%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 3, 2007
Sold by
Batkin Stephen and Batkin Annette
Bought by
Parmelee Anna E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
6.73%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 15, 2003
Sold by
Weber Karen
Bought by
Batkin Stephen and Lampe-Batkin Annette
Purchase Details
Closed on
Jul 3, 1996
Sold by
Munafo Julie A
Bought by
Weber Karen Lynn
Similar Home in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zach Gregory R | $551,000 | -- | |
| Kato Trading Inc | $520,000 | -- | |
| Unomas Llc | -- | -- | |
| Kato Trading Inc | $520,000 | -- | |
| C&D Realty Llc | $430,000 | -- | |
| C & D Realty Llc | $430,000 | -- | |
| Parmelee Anna E | $545,000 | -- | |
| Parmelee Anna E | $545,000 | -- | |
| Batkin Stephen | $428,000 | -- | |
| Batkin Stephen | $428,000 | -- | |
| Weber Karen Lynn | $170,000 | -- | |
| Weber Karen Lynn | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zach Gregory R | $365,771 | |
| Previous Owner | Weber Karen Lynn | $344,000 | |
| Previous Owner | Weber Karen Lynn | $408,750 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2017 05/31/17 | Sold | $520,000 | -0.8% | $239 / Sq Ft |
| 05/06/2017 05/06/17 | For Sale | $524,000 | 0.0% | $241 / Sq Ft |
| 06/10/2015 06/10/15 | For Rent | $1,800 | 0.0% | -- |
| 06/10/2015 06/10/15 | Rented | $1,800 | 0.0% | -- |
| 05/01/2013 05/01/13 | Sold | $430,000 | -9.5% | $198 / Sq Ft |
| 04/01/2013 04/01/13 | Pending | -- | -- | -- |
| 06/14/2012 06/14/12 | For Sale | $475,000 | -- | $218 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | -- | $807,800 | $357,300 | $450,500 |
| 2023 | $0 | $535,900 | $319,000 | $216,900 |
| 2022 | $0 | $535,900 | $319,000 | $216,900 |
| 2021 | $0 | $535,900 | $319,000 | $216,900 |
| 2020 | $0 | $500,500 | $321,500 | $179,000 |
| 2019 | $0 | $500,500 | $321,500 | $179,000 |
| 2018 | $0 | $500,500 | $321,500 | $179,000 |
| 2017 | $0 | $436,300 | $205,000 | $231,300 |
| 2016 | -- | $436,300 | $205,000 | $231,300 |
| 2015 | -- | $436,300 | $205,000 | $231,300 |
| 2014 | -- | $469,300 | $205,000 | $264,300 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2017
The Luxury Group
HomeSmart Professionals
-
Michelle Snoeren
Buyer's Agent in 2017
Michelle Snoeren
Engel & Volkers
(401) 487-2679
43 Total Sales
-
Joe Fitzpatrick
Seller's Agent in 2015
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
21 in this area
683 Total Sales
-
Justine Kurland
Seller Co-Listing Agent in 2015
Justine Kurland
RE/MAX Results
(401) 848-7827
1 Total Sale
-
Bridgette Soby
Seller's Agent in 2013
Bridgette Soby
Mott & Chace Sotheby's Intl.
(401) 662-7969
107 Total Sales
-
Joseph Fitzpatrick
Buyer's Agent in 2013
Joseph Fitzpatrick
RE/MAX Results
(401) 835-2045
14 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1158814
APN: NEWP-000027-000000-000070
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