48 Malbone Rd Newport, RI 02840
Estimated Value: $975,000 - $1,348,778
3
Beds
2.5
Baths
2,542
Sq Ft
$460/Sq Ft
Est. Value
Highlights
- 0.25 Acre Lot
- Deck
- Attic
- Colonial Architecture
- Wood Flooring
- 2-minute walk to Coggeshall Park
About This Home
As of October 2019This classic American Four Square Colonial sits on a generous 1/4 acre lot with lovely yard, gorgeous plantings, 3-car garage and additional off-street parking. Just a quick walk from Broadway and 5 minutes from downtown, the property's classic design features a deep front porch running the length of the house, a generous entry foyer and a show-stopping central stair. The spacious, square kitchen with island and bar opens onto a delightful back deck overlooking the picture-perfect lawn and yard. Neat as a pin and beautifully maintained, the house is in excellent condition with newer windows, roof, hardwood floors, decorative moldings, door casings and lots of light. The 3-car garage is oversized with plenty of room for an extra car or sporting equipment. With the lively Broadway scene just blocks away and the new North End beginning to taking shape, a house like this is the place to be!
Last Agent to Sell the Property
Hogan Associates Christie's License #REB.0016899 Listed on: 07/27/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,636
Year Built
- Built in 1928
Lot Details
- 10,800 Sq Ft Lot
- Property is zoned R10
Parking
- 3 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Aluminum Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,542 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Thermal Windows
- Workshop
- Storage Room
- Utility Room
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Walking Distance to Water
- Deck
- Porch
Utilities
- Cooling Available
- Zoned Heating
- Heating System Uses Gas
- Radiant Heating System
- Heating System Uses Steam
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Community Details
- Broadway Subdivision
- Public Transportation
Listing and Financial Details
- Tax Lot 214
- Assessor Parcel Number 48MALBONERDNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2019
Closed on
Oct 1, 2019
Sold by
Fredrickson Richard A and Fredrickson Marjorie L
Bought by
Green Tobias A
Seller's Agent
Leslie Hogan
Hogan Associates Christie's
Buyer's Agent
Anna Clancy
Residential Properties Ltd.
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%
Total Days on Market
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
$489,695
Avg. Annual Appreciation
9.98%
Original Mortgage
$420,000
Outstanding Balance
$369,637
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$800,058
Purchase Details
Closed on
Mar 3, 2000
Sold by
Cole Gregory A M and Nelson Rondi
Bought by
Fredrickson Richard A and Fredrickson Marjorie
Purchase Details
Closed on
Oct 19, 1995
Sold by
Orourke Stephen C and Gibson Denise M
Bought by
Cole Gregory Am
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 |
|---|---|---|---|
| Green Tobias A | $680,000 | -- | |
| Fredrickson Richard A | $240,000 | -- | |
| Cole Gregory Am | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Green Tobias A | $420,000 | |
| Previous Owner | Cole Gregory Am | $569,350 | |
| Previous Owner | Cole Gregory Am | $75,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2019 10/01/19 | Sold | $680,000 | -2.7% | $268 / Sq Ft |
| 09/01/2019 09/01/19 | Pending | -- | -- | -- |
| 07/27/2019 07/27/19 | For Sale | $699,000 | -- | $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 | $6,776 | $972,100 | $234,900 | $737,200 |
| 2023 | $6,531 | $658,400 | $179,800 | $478,600 |
| 2022 | $6,327 | $658,400 | $179,800 | $478,600 |
| 2021 | $6,143 | $658,400 | $179,800 | $478,600 |
| 2020 | $4,737 | $460,800 | $120,100 | $340,700 |
| 2019 | $4,737 | $460,800 | $120,100 | $340,700 |
| 2018 | $4,603 | $460,800 | $120,100 | $340,700 |
| 2017 | $4,654 | $415,200 | $93,600 | $321,600 |
| 2016 | $4,538 | $415,200 | $93,600 | $321,600 |
| 2015 | $4,430 | $415,200 | $93,600 | $321,600 |
| 2014 | $4,592 | $380,800 | $69,000 | $311,800 |
Source: Public Records
Agents Affiliated with this Home
-
Leslie Hogan
Seller's Agent in 2019
Leslie Hogan
Hogan Associates Christie's
(401) 845-9500
89 Total Sales
-
Anna Clancy
A
Buyer's Agent in 2019
Anna Clancy
Residential Properties Ltd.
(401) 965-6746
8 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1230569
APN: NEWP-000010-000000-000214
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