43 Elm St Newport, RI 02840
4
Beds
4.5
Baths
3,399
Sq Ft
4,792
Sq Ft Lot
Highlights
- Marina
- Colonial Architecture
- Wood Flooring
- Golf Course Community
- Cathedral Ceiling
- 2-minute walk to Storer Park
About This Home
As of December 2020Perfection 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
Lila Delman Compass License #RES.0043775 Listed on: 10/27/2020
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,950,435
Avg. Annual Appreciation
18.34%
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
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $885,000 | -- | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $180,000 | -- | |
| Warranty Deed | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $200,000 | No Value Available | |
| Previous Owner | $175,000 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | Purchase Money Mortgage |
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
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
-
Seller's Agent in 2020
Douglas Kohler
Lila Delman Compass
(401) 602-2507
1 in this area
37 Total Sales
-
Buyer's Agent in 2020
Tina Wiley
Gustave White Sotheby's Realty
(401) 447-9609
6 in this area
54 Total Sales
-
M
Seller's Agent in 2018
Michelle Kirby
Gustave White Sotheby's Realty
(401) 848-6714
6 in this area
53 Total Sales
-
Buyer's Agent in 2018
Paul Tobak
Hogan Associates Christie's
(401) 862-9962
5 in this area
32 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1268397
APN: NEWP-000016-000000-000196
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