NOT LISTED FOR SALE

6 Nicol Terrace Newport, RI 02840

Estimated Value: $742,000 - $936,000

4 Beds
2.5 Baths
1,750 Sq Ft
$476/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $520,000 $297 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,907/month

19 Days on Market

Highlights

  • Marina
  • Corner Lot
  • Cottage
  • Wood Flooring
  • Tennis Courts
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of September 2020

Completely renovated Newport cottage walking distance to town. 4 br 2.5 bath home with open floor plan on first floor, roughly 1800 sq ft. A rare yet desirable mix of original charm with updated living. The front porch welcomes you to the front foyer, open to living room, dining room and open chefs kitchen complete with large quartz island and gas stovetop. The exposed brick and beams, gleaming hardwoods, built in cabinets remind you of its Newport history. The large pantry with a second sink and dishwasher are an added bonus. Charming nautical themed half bath off the foyer. Upstairs you will find 3 good sized bedrooms all with their own ample closet space and full updated bath with tub/shower off the hall. The third floor is the homes prized possession with its spacious master ensuite. Vaulted ceilings with one AC/heat mini split, lightly stained hardwoods, barn door to master bath with built-in closet and drawers, and high end rain shower and vanity. This is a true oasis. Gas heat throughout with a high efficiency on demand boiler, unfinished basement with all updated mechanics. The backyard is completely fenced in and well landscaped, finished off with an oversized well appointed outdoor shower. The Newport dream.

Last Agent to Sell the Property

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199 Listed on: 07/23/2020

Gustave White Sotheby's Realty

Last Buyer's Agent

Chad Kritzas

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Corner Lot
  • Property is zoned r10

Parking

  • No Garage

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • 3-Story Property
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 6NICOLTERNEWP

Community Details

Overview

  • Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,020

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 1750.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 1750.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1742.0
  • Parcel #: 6NICOLTERNEWP
  • Zoning: r10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3020.0
  • Tax Lot: 6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Sep 9, 2020
Sold by
Crombie Steven M and Alofsin Rita G
Bought by
Owens Joseph and Owens Christine
Seller's Agent
Grace Cimo
Gustave White Sotheby's Realty
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$519,000
Sold Price
$520,000
Premium/Discount to List
$1,000
0.19%
Current Estimated Value
$833,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,290
Avg. Annual Appreciation
9.79%
Original Mortgage
$468,000
Outstanding Balance
$415,319
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$417,971

Purchase Details

Closed on
Aug 10, 2007
Sold by
Stuart Holly Anne
Bought by
Crombie Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Downing Kaitlyn S and Molden Keith E
Bought by
Stuart Holly Anne
Source: Public Records

Range of Values:

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Average Value
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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
Owens Joseph $520,000 None Available
Crombie Steven M $335,000 --
Stuart Holly Anne $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Joseph $468,000
Previous Owner Stuart Holly Anne $293,956
Previous Owner Stuart Holly Anne $298,000
Previous Owner Stuart Holly Anne $268,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $520,000 +0.2% $297 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $519,000 -- $297 / 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
2025 $5,865 $675,000 $132,700 $542,300
2024 $5,549 $675,000 $132,700 $542,300
2023 $4,505 $454,100 $101,600 $352,500
2022 $4,364 $454,100 $101,600 $352,500
2021 $4,237 $454,100 $101,600 $352,500
2020 $3,120 $303,500 $93,700 $209,800
2019 $3,120 $303,500 $93,700 $209,800
2018 $3,032 $303,500 $93,700 $209,800
2017 $2,985 $266,300 $72,000 $194,300
2016 $2,871 $262,700 $72,000 $190,700
2015 $2,803 $262,700 $72,000 $190,700
2014 $2,853 $236,600 $53,100 $183,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1259648

State-Wide MLS

APN: NEWP-000010-000045-000006