NOT LISTED FOR SALE

37 Farewell St Newport, RI 02840

Estimated Value: $989,000 - $1,235,000

4 Beds
2.5 Baths
1,779 Sq Ft
$610/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $450,000 $253 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $6,534/month

85 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • 4-minute walk to Cardines Field

About This Home

As of October 2016

Charming home on famed Farewell St - Nicely renovated kitchen and baths, hardwoods, great flow with living and dining room, rear deck and fenced-in yard. Third floor suite. Walk to shops and restaurants and easy access to the bridge. Come see!

Last Agent to Sell the Property

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933 Listed on: 06/27/2016

Gustave White Sotheby's Realty

Last Buyer's Agent

Anna Anton

William Raveis Inspire License #RES.0024735

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,098

Year Built

  • Built in 1854

Lot Details

  • 2,132 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,779 Sq Ft Home
  • 3-Story Property
  • Skylights

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 320
  • Assessor Parcel Number 37FAREWELLSTNEWP

Community Details

Overview

  • Farewell Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,098

Year Built

Built in 1854

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0489
  • Subdivision Name: FAREWELL
  • Above Grade Finished Sq Ft: 1779.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1854
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, 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
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Skylights, Cable TV
  • Living Area: 1779.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2132.0
  • Parcel #: 37FAREWELLSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3098.0
  • Tax Lot: 320
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2016
Closed on
Oct 21, 2016
Sold by
Schiffman Richard F and Pratt-Schiffman Joy
Bought by
Marcoux Robert M and Marcoux Caitlin K
Seller's Agent
Tina Wiley
Gustave White Sotheby's Realty
Buyer's Agent
Anna Anton
William Raveis Inspire
List Price
$490,000
Sold Price
$450,000
Premium/Discount to List
-$40,000
-8.16%
Current Estimated Value
$1,085,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,128
Avg. Annual Appreciation
10.37%
Original Mortgage
$300,000
Outstanding Balance
$239,025
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$838,470

Purchase Details

Closed on
Jul 6, 2006
Sold by
Quin Dennis
Bought by
Schiffman Richard and Schiffman Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,400
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage
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
Marcoux Robert M $450,000 --
Schiffman Richard $340,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcoux Robert M $175,000
Open Marcoux Robert M $300,000
Previous Owner Quinn Dennis $272,400
Previous Owner Quinn Dennis $68,100
Previous Owner Quinn Dennis $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $450,000 -8.2% $253 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $490,000 -- $275 / 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 $7,451 $906,500 $312,500 $594,000
2023 $5,521 $556,600 $171,400 $385,200
2022 $5,349 $556,600 $171,400 $385,200
2021 $5,193 $556,600 $171,400 $385,200
2020 $4,525 $440,200 $171,800 $268,400
2019 $4,525 $440,200 $171,800 $268,400
2018 $4,398 $440,200 $171,800 $268,400
2017 $3,178 $283,500 $97,100 $186,400
2016 $3,099 $283,500 $97,100 $186,400
2015 $3,025 $283,500 $97,100 $186,400
2014 $3,542 $293,700 $97,100 $196,600
Source: Public Records

Agents Affiliated with this Home

  • Tina Wiley

    Seller's Agent in 2016

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    6 in this area

    50 Total Sales

    Tina Wiley
    Section Image
  • Anna Anton

    Buyer's Agent in 2016

    Anna Anton

    William Raveis Inspire

    (401) 935-1862

    1 in this area

    16 Total Sales

    Anna Anton
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1130094

State-Wide MLS

APN: NEWP-000017-000000-000320

Rhode Island Newport County Newport 02840

37 Farewell St, Newport, RI

This home is located at 37 Farewell St, Newport, RI 02840 since 27 June 2016 and is currently estimated at $1,085,128, approximately $609 per square foot. This property was built in 1854. 37 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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