NOT LISTED FOR SALE

43 Elm St Newport, RI 02840

Estimated Value: $2,546,000 - $3,272,000

4 Beds
4.5 Baths
3,399 Sq Ft
$813/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $2,350,000 $691 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $16,473/month

25 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Wood Flooring
  • Golf Course Community
  • Cathedral Ceiling
  • 2-minute walk to Storer Park

About This Home

As of December 2020

Perfection on The Point. The historically significant Sheffield-Huntington House, a c. 1719 colonial mansion, is meticulously restored with every modern amenity. Perfect for gracious family living and entertaining.

The massive and intricately carved front door opens to dual parlors each with stunning original fireplaces and an over-mantle painting. The open double-height chef's kitchen opens to a sitting room and oversized dining area with two more original fireplaces. Unusually high ceilings, original woodwork, wide plank floors and stunning 12-over-12 fully restored windows allow generous natural light and views.

The large master suite with walk-in dressing room, and oversized shower and master bath with dual laundry stations, comprises half of the second floor. Two other generously sized bedrooms with ensuite marble baths complete the second floor.

The spacious third floor is currently configured with an additional guest or au pair bedroom, bath, office, and oversized closet. Alternatively this can be configured as a 6 bedroom home.

The large manicured garden with custom lighting and irrigation, two bluestone patios, outdoor fireplace, grilling area and lush plantings complete the outdoor space.

This is a rare opportunity to own a piece of Newport's historic architectural heritage while enjoying a modern one year old renovation with no detail overlooked. All new mechanicals. CURB CUT AND OFF STREET PARKING FULLY APPROVED.

Last Agent to Sell the Property

Douglas Kohler

Compass / Lila Delman Compass License #RES.0043775 Listed on: 10/27/2020

Compass / Lila Delman Compass

Last Buyer's Agent

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 1719

Lot Details

  • 4,792 Sq Ft Lot
  • Property is zoned R-10

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Combination Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 3,399 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 8 Fireplaces
  • Stone Fireplace
  • Fireplace Features Masonry
  • Wood Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 196
  • Assessor Parcel Number 43ELMSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,398

Year Built

Built in 1719

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 3399.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1719
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Stone
  • Fireplaces: 8
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Tub Shower
  • Living Area: 3399.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Clapboard, Masonry, Shingle Siding, Wood Siding
  • Foundation Details: Combination, Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer 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)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 43ELMSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9398.0
  • Tax Lot: 196
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Oct 29, 2018
Sold by
Whitley Ft and Whitley
Bought by
Samuels Marie K and Samuels William C
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Paul Tobak
Hogan Associates Christie's
List Price
$935,000
Sold Price
$885,000
Premium/Discount to List
-$50,000
-5.35%
Current Estimated Value
$2,762,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,877,316
Avg. Annual Appreciation
19.75%

Purchase Details

Closed on
Feb 4, 2014
Sold by
Whitley Walter J
Bought by
Whitley Ft and Whitley

Purchase Details

Closed on
Dec 20, 2013
Sold by
Whitley Susanne P
Bought by
Whitley Walter J

Purchase Details

Closed on
Sep 16, 1994
Sold by
Bravi James D and Bravi Lesley
Bought by
Murdock Frederick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
8.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1992
Sold by
Lowsky Edward
Bought by
Brave James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Samuels Marie K $885,000 --
Whitley Walter J -- --
Whitley Ft -- --
Whitley Walter J -- --
Murdock Frederick W $180,000 --
Brave James $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson T T $750,000
Previous Owner Brave James $200,000
Previous Owner Brave James $175,000
Previous Owner Brave James $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $2,350,000 -7.8% $691 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
10/27/2020 10/27/20 For Sale $2,550,000 +188.1% $750 / Sq Ft
10/29/2018 10/29/18 Sold $885,000 -5.3% $260 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $935,000 -- $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 $21,760 $3,122,000 $607,200 $2,514,800
2023 $19,059 $1,921,300 $399,700 $1,521,600
2022 $18,920 $1,968,800 $399,700 $1,569,100
2021 $18,369 $1,968,800 $399,700 $1,569,100
2020 $9,398 $914,200 $285,700 $628,500
2019 $9,398 $914,200 $285,700 $628,500
2018 $8,902 $891,100 $285,700 $605,400
2017 $9,822 $876,200 $219,800 $656,400
2016 $9,577 $876,200 $219,800 $656,400
2015 $9,349 $876,200 $219,800 $656,400
2014 $8,668 $718,700 $171,800 $546,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1268397

State-Wide MLS

APN: NEWP-000016-000000-000196