Seller's Agent in 2024
Robert Sullivan
Edge Realty RI
(401) 855-9855
1 in this area
14 Total Sales
54 Second St Newport, RI 02840
Estimated Value: $1,100,000 - $1,331,113
3
Beds
1.5
Baths
1,188
Sq Ft
$1,049/Sq Ft
Est. Value
Highlights
- Marina
- Victorian Architecture
- Tennis Courts
- Marble Flooring
- Attic
- 3-minute walk to Battery Park
About This Home
As of February 2024Nestled within the coveted historic Point neighborhood, this fully renovated residence blends classic charm with modern conveniences. With three bedrooms and one and a half tastefully updated bathrooms, this home offers comfort and sophistication. Step inside to discover gleaming hardwood floors throughout the main living areas, exuding warmth and timeless appeal. The heart of the home showcases a thoughtfully designed kitchen, ample cabinetry, and an inviting butcher block island perfect for daily living. Central air conditioning and custom interior shutters ensure year-round comfort. Upgrades include a two-year-old roof and new first-floor windows offering peace of mind and energy efficiency. The fenced backyard provides a serene private retreat, for relaxation or outdoor gatherings. Entertain guests on the charming brick patio, ideal for al fresco dining or enjoying your morning coffee amidst the backdrop of mature landscaping. Living in the sought-after Point neighborhood, you will enjoy strolling along tree-lined streets, exploring the nearby parks and waterfront, or taking advantage of the eclectic mix of local shops and dining destinations, just moments away. Don't miss this rare opportunity to own a beautifully renovated home in one of Newport's most desirable neighborhoods. Experience the perfect blend of historic charm and modern luxury schedule your private showing today and envision life in this lovely home! No flood insurance is required.
Last Agent to Sell the Property
Edge Realty RI License #RES.0041570 Listed on: 01/08/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,703
Year Built
- Built in 1895
Lot Details
- 1,929 Sq Ft Lot
- Fenced
- Property is zoned R10
Parking
- No Garage
Home Design
- Victorian Architecture
- Stone Foundation
- Clapboard
Interior Spaces
- 1,188 Sq Ft Home
- 2-Story Property
- Skylights
- Storage Room
- Utility Room
- Permanent Attic Stairs
- Security System Owned
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 220 Volts
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 188
- Assessor Parcel Number 54SECONDSTNEWP
Community Details
Overview
- The Point Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 8, 2024
Closed on
Feb 27, 2024
Sold by
Tarro John M and Mooney Francis J
Bought by
Perkins Alexander V and Spoors Grace C
Seller's Agent
Robert Sullivan
Edge Realty RI
Buyer's Agent
Robert Rutley
Mott & Chace Sotheby's Intl.
List Price
$1,275,000
Sold Price
$1,160,000
Premium/Discount to List
-$115,000
-9.02%
Views
63
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
$85,778
Avg. Annual Appreciation
2.97%
Original Mortgage
$928,000
Outstanding Balance
$917,519
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$295,519
Purchase Details
Closed on
Jun 21, 2019
Sold by
Beath Michele J and Beath Daniel G
Bought by
Tarro John M and Mooney Francis J
Purchase Details
Closed on
Oct 27, 2015
Sold by
Bessin Suzanne P
Bought by
Beath Michele J and Beath Daniel G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 1995
Sold by
Ewart Katherine L Est
Bought by
Bessin Roberto Julio and Bessin Suzanne
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 |
|---|---|---|---|
| Perkins Alexander V | $1,160,000 | None Available | |
| Tarro John M | $750,000 | -- | |
| Beath Michele J | $355,000 | -- | |
| Bessin Roberto Julio | $79,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Perkins Alexander V | $928,000 | |
| Previous Owner | Beath Michele J | $284,000 | |
| Previous Owner | Bessin Roberto Julio | $275,000 | |
| Previous Owner | Bessin Roberto Julio | $200,000 | |
| Previous Owner | Bessin Roberto Julio | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2024 02/27/24 | Sold | $1,160,000 | -9.0% | $976 / Sq Ft |
| 02/17/2024 02/17/24 | Pending | -- | -- | -- |
| 01/08/2024 01/08/24 | For Sale | $1,275,000 | -- | $1,073 / 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 | $8,887 | $1,081,100 | $419,100 | $662,000 |
| 2023 | $6,992 | $704,800 | $275,900 | $428,900 |
| 2022 | $6,773 | $704,800 | $275,900 | $428,900 |
| 2021 | $6,576 | $704,800 | $275,900 | $428,900 |
| 2020 | $4,980 | $484,400 | $277,300 | $207,100 |
| 2019 | $4,980 | $484,400 | $277,300 | $207,100 |
| 2018 | $4,839 | $484,400 | $277,300 | $207,100 |
| 2017 | $4,205 | $375,100 | $213,200 | $161,900 |
| 2016 | $3,786 | $346,400 | $213,200 | $133,200 |
| 2015 | $3,968 | $371,900 | $213,200 | $158,700 |
| 2014 | $3,684 | $305,500 | $166,700 | $138,800 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Sullivan
-
Robert Rutley
Buyer's Agent in 2024
Robert Rutley
Mott & Chace Sotheby's Intl.
(401) 601-0446
1 in this area
43 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1350617
APN: NEWP-000012-000000-000188
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