NOT LISTED FOR SALE

48 William St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,180,000 - $1,383,000

4 Beds
3.5 Baths
2,142 Sq Ft
$605/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $1,200,000 $560 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,881/month

125 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Walking Distance to Water
  • Antique Architecture
  • Attic
  • 3-minute walk to Aquidneck Park

About This Home

As of July 2024

Best downtown location possible for those that love to be in the Heart of Newport. This home offers 3 levels of comfortable living with a total of 4 bedrooms and 3 1/2 baths just steps away from Bellevue Ave, the Tennis Hall of Fame, Thames Street and Newport Harbor. Built in 1997 in the Historic Hill neighborhood, this home has all the modern updated amenities including central air, stainless steel appliances and hardwoods throughout. Great condo alternative too! Access to everything Newport with parking for 3 cars plus a generous beautiful outdoor living space with a deck and patio too. Potential for income stream as the floor plan allows owners to use the 1st level as a private registered 1-bedroom AirBnB year-round if they choose.

Last Agent to Sell the Property

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615 Listed on: 03/18/2024

Last Buyer's Agent

Douglas Kohler

Lila Delman Compass License #RES.0043775

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,919

Year Built

  • Built in 1997

Lot Details

  • 2,178 Sq Ft Lot
  • Property is zoned R3

Home Design

  • Antique Architecture
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,142 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

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

Community Details

  • Downtown Newport/Bellevue Subdivision

Listing and Financial Details

  • Tax Lot 074-6
  • Assessor Parcel Number 48WILLIAMSTNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,919

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: Downtown Newport/Bellevue
  • Above Grade Finished Sq Ft: 2142.0
  • Architectural Style: Historic/Antique
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 2142.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 48WILLIAMSTNEWP
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7919.0
  • Tax Lot: 074-6
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2024
Closed on
Jul 22, 2024
Sold by
Frankel Arthur and Frankel Camille D
Bought by
Higgins Luke and Oliver Cori
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Douglas Kohler
Lila Delman Compass
List Price
$1,275,000
Sold Price
$1,200,000
Premium/Discount to List
-$75,000
-5.88%
Views
63
Current Estimated Value
$1,295,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,608
Avg. Annual Appreciation
5.48%
Original Mortgage
$900,000
Outstanding Balance
$892,052
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,389

Purchase Details

Closed on
Dec 8, 1998
Sold by
Wilson Sylvester
Bought by
Clark Albert J and Clark Eileen E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Higgins Luke $1,200,000 None Available
Higgins Luke $1,200,000 None Available
Clark Albert J $50,000 --
Clark Albert J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Higgins Luke $900,000
Closed Higgins Luke $900,000
Previous Owner Frankel Arthur $416,000
Previous Owner Frankel Arthur $50,000
Previous Owner Frankel Arthur $418,000
Previous Owner Clark Albert J $334,000
Previous Owner Clark Albert J $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $1,200,000 -5.9% $560 / Sq Ft
03/18/2024 03/18/24 For Sale $1,275,000 -- $595 / 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 $8,716 $1,250,500 $612,700 $637,800
2023 $7,919 $798,300 $355,400 $442,900
2022 $7,672 $798,300 $355,400 $442,900
2021 $7,448 $798,300 $355,400 $442,900
2020 $6,636 $645,500 $348,300 $297,200
2019 $6,636 $645,500 $348,300 $297,200
2018 $6,449 $645,500 $348,300 $297,200
2017 $6,111 $545,100 $213,500 $331,600
2016 $5,958 $545,100 $213,500 $331,600
2015 $5,816 $545,100 $213,500 $331,600
2014 $6,198 $513,900 $174,700 $339,200
Source: Public Records

Agents Affiliated with this Home

  • Teri Degnan

    Seller's Agent in 2024

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    7 in this area

    143 Total Sales

    Section Image
  • Douglas Kohler

    Buyer's Agent in 2024

    Douglas Kohler

    Lila Delman Compass

    (401) 602-2507

    5 in this area

    37 Total Sales

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1354862

State-Wide MLS

APN: NEWP-000028-000074-000006

Rhode Island Newport County Newport 02840 Historic Hill

48 William St, Newport, RI

This home is located at 48 William St, Newport, RI 02840 since 18 March 2024 and is currently estimated at $1,295,608, approximately $604 per square foot. This property was built in 1997. 48 William St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes