NOT LISTED FOR SALE

57 2nd St Newport, RI 02840

3 Beds
3.5 Baths
2,509 Sq Ft
5,050 Sq Ft Lot

Sale Details

Date Sold: September 19, 2022

Last sale price $2,490,000 $992 Per Sq Ft

135 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Marble Flooring
  • Guest House
  • Colonial Architecture
  • 3-minute walk to Battery Park

About This Home

As of September 2022

Coming back to market. Showings starting after Labor Day weekend. Wake up in your dream home every day. The Merritt House is a classic New England colonial, exuding modern elegance at every turn. Originally built in 1850, the historic charm has been masterfully preserved and improved, including converted carriage house. A remarkable lot brimming with professionally landscaped gardens. Thoughtfully renovated a wellness home featuring environmentally conscious enhancements integrated from top to bottom; low-VOC paints & building materials, reclaimed lumber, and a whole-house water filtration system. Custom designed and crafted by local contractors, meticulous attention to detail is prevalent. Enter the home and become captivated by the bright, open concept. Admire cathedral ceilings above and timeless white & red oak hardwoods below: gourmet kitchen w/Aga stove, wet bar, fireplace, and a reclaimed wooden island. There are two primary bedrooms in the main house, one on the first floor & one on the second, each with an ensuite bath. However, the second-floor primary suite also features an office space and a loft media room w/built-in bed nook: a primary bath with an inviting claw-foot tub and separate shower with double vanities. Exceptional additional living quarters for guests are found in the guest cottage. The idyllic cottage features another full seating and dining area, a kitchenette, and a gorgeous full bath with penny tile. A turn-key residence including the furniture.

Last Agent to Sell the Property

LeAnne West

Gustave White Sotheby's Realty License #RES.0042539 Listed on: 05/06/2022

Gustave White Sotheby's Realty

Last Buyer's Agent

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,879

Year Built

  • Built in 1850

Lot Details

  • 5,050 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Cottage
  • Brick Foundation
  • Combination Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 2,509 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • 3 Fireplaces
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Partial Basement
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Outbuilding
  • Outdoor Grill

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 57SECONDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,879

Year Built

Built in 1850

Lot Details

5,050 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1159
  • Inclusions: Listing price includes furniture: Serena and Lily, Ralph Lauren Home, Restoration Hardware, Lillian August, Visual Comfort lighting. Please note: Summer 2022 rental leases in place until Sept 6th.
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 2509.0
  • Architectural Style: Cabin/Cottage, Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1850
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Attic, Wet Bar, Bathtub, Cathedral Ceiling(s), Permanent Attic Stairs, Skylights, Tub Shower, Furnished
  • Living Area: 2509.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Fenced
  • Lot Features: Multiple lots
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Masonry, Wood Siding
  • Exterior Features: Patio, Barbecue, Paved Driveway
  • Foundation Details: Block, Brick/Mortar, Combination, Concrete Perimeter, Stone
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5050.0
  • Parcel #: 57SECONDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9879.0
  • Tax Lot: 61
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2024
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,560,000
Interest Rate
0.0638%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 6, 2022
Closed on
Sep 9, 2022
Sold by
Bought by
Seller's Agent
LeAnne West
Gustave White Sotheby's Realty
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$2,650,000
Sold Price
$2,490,000
Premium/Discount to List
-$160,000
-6.04%

Purchase Details

Closed on
Jun 19, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
0.035%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.0421%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2006
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,625,000 None Available
$2,490,000 None Available
$975,000 --
$702,000 --
$795,000 --
$290,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $1,560,000
Closed $1,247,000
Closed $500,000
Closed $195,750
Closed $780,000
Closed $250,000
Closed $50,000
Closed $590,000
Closed $443,000
Closed $170,400
Closed $67,948
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/19/2022 09/19/22 Sold $2,490,000 -6.0% $992 / Sq Ft
07/03/2022 07/03/22 Off Market $2,650,000 -- --
05/06/2022 05/06/22 For Sale $2,650,000 -- $1,056 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $15,346 $2,137,300 $489,100 $1,648,200
2024 $17,891 $2,176,500 $489,100 $1,687,400
2023 $10,503 $1,058,800 $322,000 $736,800
2022 $10,175 $1,058,800 $322,000 $736,800
2021 $9,879 $1,058,800 $322,000 $736,800
2020 $8,008 $779,000 $286,600 $492,400
2019 $8,008 $779,000 $286,600 $492,400
2018 $7,782 $779,000 $286,600 $492,400
2017 $7,594 $677,400 $220,400 $457,000
2016 $7,404 $677,400 $220,400 $457,000
2015 $7,228 $677,400 $220,400 $457,000
2014 $8,083 $670,200 $172,300 $497,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1309283

State-Wide MLS

APN: NEWP M:012 B:0061

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