41 Elm St Newport, RI 02840
Estimated Value: $1,847,000 - $2,507,000
3
Beds
2.5
Baths
1,968
Sq Ft
$1,116/Sq Ft
Est. Value
Highlights
- Marina
- Colonial Architecture
- Attic
- Golf Course Community
- Marble Flooring
- 2-minute walk to Storer Park
About This Home
As of December 2021Turn key exquisitely renovated historic, 3 br 2.5 bath colonial less then a block from the water. Open floor plan with gorgeous wide plank pine floors, wainscoting throughout the first floor, grass cloth wallpaper, period wall sconces, new windows, and gas fireplace. Gourmet kitchen with quartz countertops, center island, Wolf and Subzero appliances, inlaid custom cabinetry with well thought out ample storage. A half bath, and tucked away den make this first floor complete. On the second level, you have 2 guest bedrooms and a full bath and a gorgeous sun filled master suite, complete with walk in closet with custom shelving, and ensuite marble bath with shower and stand alone soaking tub. Continue up to the third floor for your private office. The basement is completely dry and great for storage. Gas heat and central air. Expansive and private brick patio with mature trees is perfect space for entertaining, complete with irrigation and soft lit garden lighting. Parking for 3. Steps to the harbor, a public boat ramp, and the park, and a short walk to Newport Shipyard, Goat Island, and all the shops and restaurants Newport has to offer. A pleasant updated surprise in one of the most historic areas of town. Point Perfection!
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0031199 Listed on: 11/17/2021
Last Buyer's Agent
Gustave White Sotheby's Realty License #RES.0031199 Listed on: 11/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,706
Year Built
- Built in 1759
Lot Details
- 2,428 Sq Ft Lot
- Fenced
- Sprinkler System
- Property is zoned r10
Home Design
- Colonial Architecture
- Brick Exterior Construction
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,968 Sq Ft Home
- 3-Story Property
- Skylights
- Gas Fireplace
- Storage Room
- Utility Room
- Permanent Attic Stairs
- Security System Leased
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 3 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Patio
- Outdoor Grill
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 017
- Assessor Parcel Number 41ELMSTNEWP
Community Details
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Additional Features
- The Point Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 19, 2016
Closed on
May 12, 2016
Sold by
Wilson Craig
Bought by
Perlman Daniel and Perlman Natalie
Seller's Agent
Laurie Hewitt Burke
Compass / Lila Delman Compass
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$950,000
Sold Price
$930,000
Premium/Discount to List
-$20,000
-2.11%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,266,970
Avg. Annual Appreciation
9.55%
Original Mortgage
$744,000
Outstanding Balance
$601,138
Interest Rate
3.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,532,801
Purchase Details
Closed on
Jun 4, 2009
Sold by
Vaillancourt Charles
Bought by
Wilson Craig
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Similar Homes 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 |
|---|---|---|---|
| Perlman Daniel | $930,000 | -- | |
| Wilson Craig | $800,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perlman Daniel | $744,000 | |
| Previous Owner | Wilson Craig | $596,000 | |
| Previous Owner | Wilson Craig | $640,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $1,750,001 | +6.1% | $889 / Sq Ft |
| 11/17/2021 11/17/21 | For Sale | $1,650,000 | +77.4% | $838 / Sq Ft |
| 05/12/2016 05/12/16 | Sold | $930,000 | +7340.0% | $473 / Sq Ft |
| 04/12/2016 04/12/16 | Pending | -- | -- | -- |
| 03/02/2016 03/02/16 | Rented | $12,500 | -98.7% | -- |
| 02/01/2016 02/01/16 | Under Contract | -- | -- | -- |
| 01/19/2016 01/19/16 | For Sale | $950,000 | 0.0% | $483 / Sq Ft |
| 04/07/2015 04/07/15 | For Rent | $12,500 | -- | -- |
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 | $14,249 | $1,733,400 | $430,300 | $1,303,100 |
| 2023 | $10,320 | $1,040,300 | $283,200 | $757,100 |
| 2022 | $9,997 | $1,040,300 | $283,200 | $757,100 |
| 2021 | $9,706 | $1,040,300 | $283,200 | $757,100 |
| 2020 | $9,697 | $943,300 | $278,800 | $664,500 |
| 2019 | $9,697 | $943,300 | $278,800 | $664,500 |
| 2018 | $9,424 | $943,300 | $278,800 | $664,500 |
| 2017 | $6,978 | $622,500 | $214,300 | $408,200 |
| 2016 | $6,804 | $622,500 | $214,300 | $408,200 |
| 2015 | $6,642 | $622,500 | $214,300 | $408,200 |
| 2014 | $6,792 | $563,200 | $167,600 | $395,600 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Cimo
Seller's Agent in 2021
Grace Cimo
Gustave White Sotheby's Realty
(401) 222-9651
5 in this area
80 Total Sales
-
Laurie Hewitt Burke
Seller's Agent in 2016
Laurie Hewitt Burke
Compass / Lila Delman Compass
(401) 662-5946
1 in this area
3 Total Sales
-
Alex Fraioli
Buyer's Agent in 2016
Alex Fraioli
Edge Realty RI
(401) 255-9109
23 in this area
145 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1298592
APN: NEWP-000016-000000-000017
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