$438,000 - $561,000
RENTED AUG 22, 2024

35 Pelham St Unit D Newport, RI 02840

Historic Hill Neighborhood
1 Bed
1 Bath
552 Sq Ft
$928 Price per Sq Ft

Last Sold April 28, 2017

Last sale price $248,000 $449 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,974/month

About This Home

As of April 2017

AFFORDABLE WINTER RENTAL Sept - June. Great summer rental in the heart of downtown Newport in a historic colonial home. You will love this one-bedroom, one-bath gem in the Jonathan Bowen House set on lower Pelham Street only steps from Americas Cup and Thames 5 minutes walk to Bowens and Bannisters Wharf. This nicely furnished unit is a perfect downtown getaway and features a comfortable living room and bedroom with a queen-size bed. Plus, the ultimate rarity - secure off-street parking in downtown Newport and a common outdoor seating with grill area - but it is so close to everything you will hardly ever need to drive. If you like to be close to all the harbor activities, shops, and restaurants, this is the place for you!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 1, 2017
Sold by
Buck Michelle A
Bought by
Garaghty Ronald A and Ferreira Kristen L
Seller's Agent
Jane Johnson
New England Premier R.E.
Buyer's Agent
Kevan Campbell
Hogan Associates Christie's
List Price
$259,000
Sold Price
$248,000
Premium/Discount to List
-$11,000
-4.25%
Current Estimated Value
$511,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,986
Avg. Annual Appreciation
8.92%
Original Mortgage
$188,000
Outstanding Balance
$103,822
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$391,079

Purchase Details

Listed on
Apr 17, 2014
Closed on
Sep 3, 2014
Sold by
Allen Catherine J
Bought by
Buck Michelle A
Seller's Agent
William Parker Sizeland
Compass / Lila Delman Compass
Buyer's Agent
Jane Johnson
New England Premier R.E.
List Price
$199,000
Sold Price
$187,000
Premium/Discount to List
-$12,000
-6.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%
Original Mortgage
$167,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 30, 2002
Sold by
Koalick George K and Kovalick Susan
Bought by
Allen Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7%

Purchase Details

Closed on
Aug 18, 1992
Sold by
Monarch Svgs Bk
Bought by
Kovalick George K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,800
Interest Rate
8.26%
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
Garaghty Ronald A $248,000 --
Buck Michelle A $187,000 --
Allen Catherine J $130,000 --
Kovalick George K $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garaghty Ronald A $188,000
Previous Owner Kovalick George K $167,000
Previous Owner Kovalick George K $133,000
Previous Owner Kovalick George K $104,000
Previous Owner Kovalick George K $30,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2024 08/22/24 Rented $1,900 0.0% --
08/22/2024 08/22/24 For Rent $1,900 -59.6% --
06/25/2022 06/25/22 Rented $4,700 +17.5% --
06/02/2022 06/02/22 For Rent $4,000 +185.7% --
08/13/2018 08/13/18 For Rent $1,400 0.0% --
08/13/2018 08/13/18 Rented $1,400 -65.0% --
02/12/2018 02/12/18 Rented $4,000 0.0% --
01/13/2018 01/13/18 Under Contract -- -- --
01/11/2018 01/11/18 For Rent $4,000 0.0% --
04/28/2017 04/28/17 Sold $248,000 -4.2% $449 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $259,000 +38.5% $469 / Sq Ft
09/03/2014 09/03/14 Sold $187,000 -6.0% $339 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $199,000 -- $361 / 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 $3,088 $375,700 $0 $375,700
2023 $2,502 $252,200 $0 $252,200
2022 $2,424 $252,200 $0 $252,200
2021 $2,353 $252,200 $0 $252,200
2020 $2,398 $233,300 $0 $233,300
2019 $2,398 $233,300 $0 $233,300
2018 $2,331 $233,300 $0 $233,300
2017 $2,051 $183,000 $0 $183,000
2016 $2,000 $183,000 $0 $183,000
2015 $1,953 $183,000 $0 $183,000
2014 $1,885 $156,300 $0 $156,300
Source: Public Records

Agents Affiliated with this Home

  • Kevan Campbell

    Seller's Agent in 2024

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    3 in this area

    77 Total Sales

    Kevan Campbell
    Section Image

  • J

    Buyer's Agent in 2018

    Joanne King

    Teri Degnan RE & Consulting

    6 Total Sales

    Joanne King
    Section Image
  • Jane Johnson

    Seller's Agent in 2017

    Jane Johnson

    New England Premier R.E.

    (401) 864-4039

    18 Total Sales

    Jane Johnson
    Section Image
  • William Parker Sizeland

    Seller's Agent in 2014

    William Parker Sizeland

    Compass / Lila Delman Compass

    (401) 862-7428

    3 in this area

    90 Total Sales

    William Parker Sizeland
    Section Image
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Map

Rhode Island Newport County Newport 02840 Historic Hill

35 Pelham St Unit D, Newport, RI

This home is located at 35 Pelham St Unit D, Newport, RI 02840 and is currently estimated at $511,986, approximately $927 per square foot. 35 Pelham St Unit D 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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