NOT LISTED FOR SALE

5 Touro Park St W Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $3,288,000 - $4,885,000

7 Beds
7 Baths
5,700 Sq Ft
$685/Sq Ft Est. Value

Last Sold September 11, 2017

Last sale price $2,100,000 $368 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $24,370/month

About This Home

As of September 2017

Standing proudly in the heart of historic Newport, this handsome federal home, built in 1864 and designed by George Champlin Mason is fully restored with sophistication and attention to detail. Furnished and beautifully curated, it features a grand 3-story staircase, 11-foot ceilings, 4 French marble fireplaces, library, and gracious rooms both for entertaining and cozy, relaxed living. The second and third floors contain 7 bedrooms, 5½ updated baths, laundry room, with inviting 2nd floor hall overlooking Touro Park through Palladian windows. The bright kitchen is spacious and fully appointed with a Sub-Zero refrigerator, 2 gas Miele ovens, 2 dishwashers and a Thermador 5-burner gas stove. Separate butler’s pantry with wine refrigerator. The adjoining family room features a TV and small office. 4 New TVs, and 4 more TV hook-ups. Cox cable and Wi-Fi. Rare multi car off-street parking and a garage, 2 patios, sunny porch. Updated mechanicals, Gas heat and AC. Landscaping is in progress on this lovely 0.38 (acre) lot. This is truly a gorgeous and luxurious rental - right on Historic Hill. Rented for June, available July & August. Rented Sept 2020 - June 2021.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2018
Sold by
Lilium Llc
Bought by
Touro Park West Ret
Current Estimated Value
$3,902,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$517,227
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,385,465

Purchase Details

Listed on
Oct 21, 2016
Closed on
Sep 11, 2017
Sold by
Anderson Christina
Bought by
Lilium Llc
Seller's Agent
Caroline Slee
BHHS Commonwealth Real Estate
Buyer's Agent
Caroline Slee
PRUDENTIAL PRIME PROPERTIES/AV
List Price
$2,550,000
Sold Price
$2,100,000
Premium/Discount to List
-$450,000
-17.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.36%

Purchase Details

Closed on
Oct 30, 2014
Sold by
Anderson C D Cromwell
Bought by
Anderson Christina

Purchase Details

Closed on
Oct 28, 2011
Sold by
Cromwell D Cromwell C and Cromwell Anderson
Bought by
Cromwell Camilla and Anderson Christina C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Touro Park West Ret -- --
Lilium Llc $2,100,000 --
Anderson Christina -- --
Anderson Christina -- --
Anderson C D Cromwell -- --
Cromwell Camilla -- --
Cromwell Camilla -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Touro Park West Ret $600,000
Previous Owner Cromwell Anderson Llc $300,000
Previous Owner Cromwell Anderson Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Rented $33,000 -26.7% --
06/28/2020 06/28/20 Under Contract -- -- --
06/09/2020 06/09/20 For Rent $45,000 0.0% --
09/11/2017 09/11/17 Sold $2,100,000 -17.6% $281 / Sq Ft
08/12/2017 08/12/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $2,550,000 -- $342 / Sq Ft

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 $30,303 $4,347,700 $743,600 $3,604,100
2023 $28,176 $2,840,300 $489,500 $2,350,800
2022 $27,173 $2,827,600 $489,500 $2,338,100
2021 $26,382 $2,827,600 $489,500 $2,338,100
2020 $20,954 $2,038,300 $384,000 $1,654,300
2019 $20,954 $2,038,300 $384,000 $1,654,300
2018 $20,363 $2,038,300 $384,000 $1,654,300
2017 $13,440 $1,198,900 $315,800 $883,100
2016 $13,104 $1,198,900 $315,800 $883,100
2015 $12,792 $1,198,900 $315,800 $883,100
2014 $13,238 $1,097,700 $246,900 $850,800
Source: Public Records

Agents Affiliated with this Home

  • Rebecca King

    Seller's Agent in 2020

    Rebecca King

    Gustave White Sotheby's Realty

    (401) 808-9334

    4 in this area

    67 Total Sales

    Rebecca King
    Section Image
  • Kara Malkovich

    Seller Co-Listing Agent in 2020

    Kara Malkovich

    Compass / Lila Delman Compass

    (401) 714-6600

    3 in this area

    42 Total Sales

    Kara Malkovich
    Section Image
  • Kylie Mccollough

    Buyer's Agent in 2020

    Kylie Mccollough

    Mott & Chace Sotheby's Intl.

    (401) 864-8830

    1 in this area

    43 Total Sales

    Kylie Mccollough
    Section Image

  • C

    Seller's Agent in 2017

    Caroline Slee

    BHHS Commonwealth Real Estate

See All Agents

Map

Rhode Island Newport County Newport 02840 Historic Hill

5 Touro Park St W, Newport, RI

This home is located at 5 Touro Park St W, Newport, RI 02840 and is currently estimated at $3,902,692, approximately $684 per square foot. 5 Touro Park St W 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.

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