NOT LISTED FOR SALE

42 Walnut St Newport, RI 02840

Estimated Value: $2,223,000 - $3,310,000

3 Beds
3.5 Baths
2,150 Sq Ft
$1,401/Sq Ft Est. Value

Last Sold February 19, 2020

Last sale price $1,900,000 $884 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $17,871/month

53 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Cathedral Ceiling
  • Water Views
  • Colonial Architecture
  • 3-minute walk to Battery Park

About This Home

As of February 2020

Master craftsman in collaboration with architect Greg Yalanis have created a unique coastal residence of extraordinary quality. Two doors from the harbor and waterfront access, this recently renovated gem is a short walk to Newport Ship Yard, Washington Square, Broadway and the harbor front wharves. Interior amenities include Caribbean heart pine floors, finely crafted yacht-like built-ins, central air, gas hydroair heat, sonos sound system, icynene foam insulation and multi function first floor guest suite/study with full bath. Exterior features include mahogany custom-made storm windows and doors and copper down spouts. Outdoor living area includes patio with state-of-the-art kitchen, fire pit and fountain bordered by beautiful specimen trees, private outdoor shower and new cedar-roofed garage. Absolute perfection and turn-key!

Last Agent to Sell the Property

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942 Listed on: 11/27/2019

Last Buyer's Agent

Holly Mclear

Hogan Associates Christie's License #RES.0028965

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,129

Year Built

  • Built in 1840

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,150 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Zero Clearance Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 076
  • Assessor Parcel Number 42WALNUTSTNEWP

Community Details

Overview

  • The Point/Harbor Front Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,129

Year Built

Built in 1840

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.12
  • Subdivision Name: The Point/Harbor Front
  • Above Grade Finished Sq Ft: 2150.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1840
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Stone, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 2150.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 5.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas, Hydro Air, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 42WALNUTSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10129.0
  • Tax Lot: 076
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2025
Sold by
Ruest Martha J
Bought by
Lazy Day Ret and Ruest
Current Estimated Value
$3,011,187

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 14, 2020
Sold by
Bornstein Maxine
Bought by
Ruest Martha J
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Holly Mclear
Hogan Associates Christie's
List Price
$1,975,000
Sold Price
$1,900,000
Premium/Discount to List
-$75,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%

Purchase Details

Listed on
Feb 22, 2016
Closed on
Mar 31, 2016
Sold by
Glassick Elizabeth P
Bought by
Bornstein Maxine
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Terrence Toppa
RE/MAX Profnl. Newport, Inc.
List Price
$1,295,000
Sold Price
$1,240,000
Premium/Discount to List
-$55,000
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%

Purchase Details

Listed on
Oct 5, 2011
Closed on
Jan 30, 2012
Sold by
Weiss Richard S
Bought by
Glassick Elizabeth P
Seller's Agent
Kirtley Mitchell
Gustave White Sotheby's Realty
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$589,000
Sold Price
$418,000
Premium/Discount to List
-$171,000
-29.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lazy Day Ret -- --
Lazy Day Ret -- --
Ruest Martha J $1,900,000 None Available
Bornstein Maxine $1,240,000 --
Bornstein Maxine $1,240,000 --
Glassick Elizabeth P $418,000 --
Glassick Elizabeth P $418,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/19/2020 02/19/20 Sold $1,900,000 -3.8% $884 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $1,975,000 +59.3% $919 / Sq Ft
03/31/2016 03/31/16 Sold $1,240,000 -4.2% $678 / Sq Ft View Prior Sale
03/01/2016 03/01/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $1,295,000 +209.8% $708 / Sq Ft
01/27/2012 01/27/12 Sold $418,000 -29.0% $249 / Sq Ft View Prior Sale
12/28/2011 12/28/11 Pending -- -- --
10/05/2011 10/05/11 For Sale $589,000 -- $351 / 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
2025 $24,389 $2,806,900 $856,800 $1,950,100
2024 $23,073 $2,806,900 $856,800 $1,950,100
2023 $17,359 $1,749,900 $564,000 $1,185,900
2022 $16,817 $1,749,900 $564,000 $1,185,900
2021 $16,327 $1,749,900 $564,000 $1,185,900
2020 $10,130 $985,400 $372,800 $612,600
2019 $10,130 $985,400 $372,800 $612,600
2018 $9,844 $985,400 $372,800 $612,600
2017 $8,016 $715,100 $275,800 $439,300
2016 $7,816 $715,100 $275,800 $439,300
2015 $7,630 $715,100 $275,800 $439,300
2014 $7,738 $641,600 $215,600 $426,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1241937

State-Wide MLS

APN: NEWP-000012-000000-000076