7 Malbone Rd Newport, RI 02840
Estimated Value: $572,000 - $674,000
3
Beds
1.5
Baths
1,229
Sq Ft
$509/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- Victorian Architecture
- Recreation Facilities
- Wood Flooring
- Attic
- 5-minute walk to Coggeshall Park
About This Home
As of May 2020Victorian cottage ready to charm your socks off! This adorable abode shines from threshold to threshold, with lovely hardwood and bright pine floors, claw-foot tub, butcher block breakfast counter, and plenty of natural light from the multiple skylights. Oh, and for those blustery New England winters, the warmth and economy of a wood-burning stove! For practicality sake, this home proudly boasts a newer gas burner, updated plumbing, young roof, and a solid foundation. On site you’ll find a fully fenced-in backyard, parking for two and a front porch that’s simply made for rocking those warm summer evenings away. Call or text for your private viewing today. ****IN LIGHT OF CORONAVIRUS CONCERNS - SHOWINGS MUST BE SCHEDULED WELL IN ADVANCE AND SPECIAL PRECAUTIONS MUST BE TAKEN - THANK YOU FOR YOUR UNDERSTANDING****
Last Agent to Sell the Property
RE/MAX Results License #RES.0035348 Listed on: 03/12/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,533
Year Built
- Built in 1872
Lot Details
- 3,049 Sq Ft Lot
- Fenced
- Property is zoned R10
Home Design
- Victorian Architecture
- Cottage
- Stone Foundation
- Wood Siding
- Shingle Siding
Interior Spaces
- 1,229 Sq Ft Home
- 2-Story Property
- Skylights
- Wood Burning Stove
- Fireplace Features Masonry
- Storage Room
- Laundry Room
- Utility Room
- Storm Windows
- Attic
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Heating System Uses Wood
- 100 Amp Service
- Gas Water Heater
Additional Features
- Porch
- Property near a hospital
Listing and Financial Details
- Tax Lot 005
- Assessor Parcel Number 7MALBONERDNEWP
Community Details
Overview
- Broadway Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2020
Closed on
May 4, 2020
Sold by
Wolfskehl Robert S and Wolfskehl Christina L
Bought by
Walter Ellinor G
Seller's Agent
Kevin Castner
RE/MAX Results
Buyer's Agent
Kylie Mccollough
Mott & Chace Sotheby's Intl.
List Price
$365,000
Sold Price
$357,500
Premium/Discount to List
-$7,500
-2.05%
Total Days on Market
31
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
$268,638
Avg. Annual Appreciation
10.03%
Original Mortgage
$351,024
Interest Rate
3.3%
Mortgage Type
FHA
Purchase Details
Closed on
May 25, 2007
Sold by
Medeiros John
Bought by
Wolfskehl Robert and Wolfskehl Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 9, 2005
Sold by
Vale Mark D
Bought by
Medeiros John
Similar Homes in Newport, RI
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 |
|---|---|---|---|
| Walter Ellinor G | $357,500 | None Available | |
| Wolfskehl Robert | $305,000 | -- | |
| Medeiros John | $250,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Waltera Ellinor G | $360,000 | |
| Closed | Walter Ellinor G | $351,024 | |
| Previous Owner | Medeiros John | $235,500 | |
| Previous Owner | Medeiros John | $244,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2020 05/13/20 | Sold | $357,500 | -2.1% | $291 / Sq Ft |
| 04/13/2020 04/13/20 | Pending | -- | -- | -- |
| 03/12/2020 03/12/20 | For Sale | $365,000 | -- | $297 / 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 | $3,073 | $440,900 | $150,000 | $290,900 |
| 2023 | $3,055 | $308,000 | $114,800 | $193,200 |
| 2022 | $2,950 | $307,000 | $114,800 | $192,200 |
| 2021 | $2,864 | $307,000 | $114,800 | $192,200 |
| 2020 | $2,607 | $253,600 | $97,200 | $156,400 |
| 2019 | $2,607 | $253,600 | $97,200 | $156,400 |
| 2018 | $2,533 | $253,600 | $97,200 | $156,400 |
| 2017 | $2,462 | $219,600 | $74,700 | $144,900 |
| 2016 | $2,400 | $219,600 | $74,700 | $144,900 |
| 2015 | $2,343 | $219,600 | $74,700 | $144,900 |
| 2014 | $2,566 | $212,800 | $55,000 | $157,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Castner
K
Seller's Agent in 2020
Kevin Castner
RE/MAX Results
(401) 787-5194
4 in this area
19 Total Sales
-
Madeline Andrews
Seller Co-Listing Agent in 2020
Madeline Andrews
RE/MAX Results
(401) 258-3225
3 in this area
17 Total Sales
-
Kylie Mccollough
Buyer's Agent in 2020
Kylie Mccollough
Mott & Chace Sotheby's Intl.
(401) 864-8830
1 in this area
44 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1249583
APN: NEWP-000010-000005-000004
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