62 Mill St Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $2,307,000 - $2,824,000
4
Beds
3.5
Baths
2,952
Sq Ft
$846/Sq Ft
Est. Value
Highlights
- Marina
- Marble Flooring
- Cathedral Ceiling
- Golf Course Community
- Antique Architecture
- 3-minute walk to Touro Park
About This Home
As of January 2020An exceptional opportunity to live on Newport’s famed Historic Hill. Beautifully remodeled in 2014, this 18th Century home captures the historic aspects, sophisticated living, and magnificent architectural features. As you step through the front door, you will be captivated by the two story foyer spilling with light. Featuring 4 bedrooms, 3 full and 1 half bathrooms, this home boasts an over-sized double living room, an elegant dining room, a large eat in kitchen, 5-6 parking spaces, 2 working fireplaces, and a private patio. Original details perfectly blended with modern amenities make this an ideal home for entertaining and in-town living. Located steps to Queen Anne Square, Downtown Newport, Bellevue Avenue, and International Tennis Hall of Fame, it's easy to park your cars and walk everywhere. Excellent Rental History. Zoned General Business.
Last Agent to Sell the Property
Carol O'Connor
Compass / Lila Delman Compass License #REB.0015289 Listed on: 10/22/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,486
Year Built
- Built in 1750
Lot Details
- 3,766
Home Design
- Antique Architecture
- Brick Foundation
- Combination Foundation
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,952 Sq Ft Home
- 2-Story Property
- Cathedral Ceiling
- 2 Fireplaces
- Permanent Attic Stairs
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- 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
Home Security
- Security System Owned
- Storm Windows
Parking
- 5 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Patio
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- 3,766 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 224
- Assessor Parcel Number 62MILLSTNEWP
Community Details
Overview
- Historic Hill Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2019
Closed on
Jan 15, 2020
Sold by
Kolarik Tyler
Bought by
Hill David
Seller's Agent
Carol O'Connor
Compass / Lila Delman Compass
Buyer's Agent
Shirley Griffin
Compass / Lila Delman Compass
List Price
$1,495,000
Sold Price
$1,425,000
Premium/Discount to List
-$70,000
-4.68%
Total Days on Market
54
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
$1,073,122
Avg. Annual Appreciation
9.01%
Original Mortgage
$750,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Aug 8, 2014
Closed on
Nov 7, 2014
Sold by
Dsm Realty Corp
Bought by
Kolarik Tyler
Seller's Agent
Matt Hadfield
Hogan Associates
Buyer's Agent
Matt Hadfield
Hogan Associates
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$704,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newport, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hill David | $1,425,000 | None Available | |
| Kolarik Tyler | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hill David | $757,800 | |
| Closed | Hill David | $750,000 | |
| Previous Owner | Kolarik Tyler | $704,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/15/2020 01/15/20 | Sold | $1,425,000 | -4.7% | $483 / Sq Ft |
| 12/16/2019 12/16/19 | Pending | -- | -- | -- |
| 10/22/2019 10/22/19 | For Sale | $1,495,000 | 0.0% | $506 / Sq Ft |
| 10/25/2017 10/25/17 | Rented | $7,500 | +50.0% | -- |
| 09/25/2017 09/25/17 | Under Contract | -- | -- | -- |
| 04/21/2017 04/21/17 | For Rent | $5,000 | -77.3% | -- |
| 05/23/2016 05/23/16 | Rented | $22,000 | 0.0% | -- |
| 04/23/2016 04/23/16 | Under Contract | -- | -- | -- |
| 04/08/2016 04/08/16 | For Rent | $22,000 | 0.0% | -- |
| 04/08/2016 04/08/16 | Rented | $22,000 | 0.0% | -- |
| 03/09/2016 03/09/16 | Under Contract | -- | -- | -- |
| 02/26/2016 02/26/16 | For Rent | $22,000 | 0.0% | -- |
| 11/10/2014 11/10/14 | Sold | $1,100,000 | 0.0% | $373 / Sq Ft |
| 11/07/2014 11/07/14 | Sold | $1,100,000 | -7.9% | $373 / Sq Ft |
| 10/08/2014 10/08/14 | Pending | -- | -- | -- |
| 09/08/2014 09/08/14 | Pending | -- | -- | -- |
| 08/08/2014 08/08/14 | For Sale | $1,195,000 | 0.0% | $405 / Sq Ft |
| 07/18/2014 07/18/14 | For Sale | $1,195,000 | -- | $405 / 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 | $17,411 | $2,118,100 | $545,300 | $1,572,800 |
| 2023 | $12,170 | $1,226,800 | $310,900 | $915,900 |
| 2022 | $11,774 | $1,225,200 | $310,900 | $914,300 |
| 2021 | $11,431 | $1,225,200 | $310,900 | $914,300 |
| 2020 | $11,486 | $1,117,300 | $282,600 | $834,700 |
| 2019 | $11,486 | $1,117,300 | $282,600 | $834,700 |
| 2018 | $11,162 | $1,117,300 | $282,600 | $834,700 |
| 2017 | $9,794 | $873,700 | $217,300 | $656,400 |
| 2016 | $9,550 | $873,700 | $217,300 | $656,400 |
| 2015 | $9,322 | $873,700 | $217,300 | $656,400 |
| 2014 | $8,459 | $701,400 | $165,900 | $535,500 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2020
Carol O'Connor
Compass / Lila Delman Compass
-
Alexandra Thursby
Seller Co-Listing Agent in 2020
Alexandra Thursby
Mott & Chace Sotheby's Intl.
(401) 266-9900
56 Total Sales
-
Shirley Griffin
Buyer's Agent in 2020
Shirley Griffin
Compass / Lila Delman Compass
(203) 613-9557
25 Total Sales
-
Laurie Hewitt Burke
Buyer's Agent in 2017
Laurie Hewitt Burke
Compass / Lila Delman Compass
(401) 662-5946
3 Total Sales
-
Jennifer Pierik
J
Seller's Agent in 2014
Jennifer Pierik
Jamestown Real Estate LLC
(401) 743-3682
1 in this area
19 Total Sales
-
Matt Hadfield
Seller's Agent in 2014
Matt Hadfield
Hogan Associates
(401) 207-0083
6 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1239531
APN: NEWP-000024-000000-000224
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