NOT LISTED FOR SALE

60 Pelham St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,760,000 - $2,284,000

4 Beds
4 Baths
2,216 Sq Ft
$901/Sq Ft Est. Value

Last Sold June 04, 2019

Last sale price $1,050,000 $474 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $12,371/month

129 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 2 Fireplaces
  • 0.16 Acre Lot
  • Victorian Architecture
  • 3-minute walk to Touro Park

About This Home

As of June 2019

Queen Anne Victorian built in 1898 by architect/builder JD Johnston, known for building many of the mansions on Newport’s Bellevue Avenue and Ocean Drive. Located in Newport’s Historic Hill, this property is surrounded by a number of well-preserved Colonial-era houses and buildings. The building has many architecturally significant details that includes a stained-glass entry hall, library, double parlor and dining room with parquet floors, two fireplaces and three ensuite bathrooms. Additional amenities include several off-street parking spaces. Pelham street is within walking distance to Bellevue Avenue, the Tennis Hall of Fame and the many shops and restaurants that Newport offers.

Last Agent to Sell the Property

Paul Tobak

Hogan Associates Christie's License #REB.0007427 Listed on: 12/26/2018

Last Buyer's Agent

Kendra Toppa

Keller Williams Rlty Newport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,667

Year Built

  • Built in 1892

Lot Details

  • 7,106 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Property is zoned R3

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,216 Sq Ft Home
  • 2-Story Property
  • Furnished
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 60PELHAMSTNEWP

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • Historic Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,667

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1631
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 2216.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1892
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Exhaust Fan, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Bathtub, Tub Shower, Furnished, Cable TV
  • Living Area: 2216.0
  • Dining Room Type: Bathroom, Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7106.0
  • Parcel #: 60PELHAMSTNEWP
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8667.0
  • Tax Lot: 295
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Kenneth Loffredo Ret and Loffredo
Bought by
Pelham Place Llc
Total Days on Market
129
Current Estimated Value
$1,997,152

Purchase Details

Listed on
Dec 26, 2018
Closed on
May 3, 2019
Sold by
Blue Fox Enterprises Inc
Bought by
Michelle Loffredo Ret and Loffredo
Seller's Agent
Paul Tobak
Hogan Associates Christie's
Buyer's Agent
Kendra Toppa
Keller Williams Rlty Newport
List Price
$1,200,000
Sold Price
$1,050,000
Premium/Discount to List
-$150,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%

Purchase Details

Closed on
Oct 27, 2006
Sold by
Englund Jessie
Bought by
Foley Lisa Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.48%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Pelham Place Llc -- None Available
Pelham Place Llc -- None Available
Michelle Loffredo Ret $1,050,000 --
Michelle Loffredo Ret $1,050,000 --
Foley Lisa Wilson $837,000 --
Foley Lisa Wilson $837,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Foley Lisa Wilson $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2019 06/04/19 Sold $1,050,000 -12.5% $474 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $1,200,000 -- $542 / 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 $13,915 $1,692,800 $535,300 $1,157,500
2023 $9,742 $982,100 $352,400 $629,700
2022 $9,438 $982,100 $352,400 $629,700
2021 $9,163 $982,100 $352,400 $629,700
2020 $8,920 $867,700 $310,100 $557,600
2019 $8,920 $867,700 $310,100 $557,600
2018 $8,668 $867,700 $310,100 $557,600
2017 $8,280 $738,600 $238,500 $500,100
2016 $8,073 $738,600 $238,500 $500,100
2015 $7,881 $738,600 $238,500 $500,100
2014 $6,921 $573,900 $186,500 $387,400
Source: Public Records

Agents Affiliated with this Home

  • Paul Tobak

    Seller's Agent in 2019

    Paul Tobak

    Hogan Associates Christie's

    (401) 862-9962

    3 in this area

    31 Total Sales

    Paul Tobak
    Section Image

  • K

    Buyer's Agent in 2019

    Kendra Toppa

    Keller Williams Rlty Newport

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1211765

State-Wide MLS

APN: NEWP-000024-000000-000295

Rhode Island Newport County Newport 02840 Historic Hill

60 Pelham St, Newport, RI

This home is located at 60 Pelham St, Newport, RI 02840 since 26 December 2018 and is currently estimated at $1,997,152, approximately $901 per square foot. This property was built in 1892. 60 Pelham 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.

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