NOT LISTED FOR SALE

7 Malbone Rd Newport, RI 02840

Estimated Value: $641,000 - $704,000

3 Beds
1.5 Baths
1,229 Sq Ft
$543/Sq Ft Est. Value

Last Sold May 13, 2020

Last sale price $357,500 $291 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $3,803/month

31 Days on Market

Highlights

  • Wood Burning Stove
  • Victorian Architecture
  • Recreation Facilities
  • Wood Flooring
  • Attic
  • 5-minute walk to Coggeshall Park

About This Home

As of May 2020

Victorian 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

Kevin Castner

RE/MAX Results License #RES.0035348 Listed on: 03/12/2020

RE/MAX Results

Co-Listed By

Madeline Andrews

RE/MAX Results License #RES.0042240

Last Buyer's Agent

Kylie Mccollough

Mott & Chace Sotheby's Intl. License #RES.0042670

Mott & Chace Sotheby's Intl.

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,533

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: KELW02
  • Co List Office Phone: 401-845-9200
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 1229.0
  • Architectural Style: Cabin/Cottage, Victorian
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1872
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Wood
  • Interior Amenities: Attic, Bathtub, Skylights, Tub Shower, Wood Burning Stove
  • Living Area: 1229.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Forced Air, Gas, Wood
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 7MALBONERDNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2533.46
  • Tax Lot: 005
  • Tax Year: 2019

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%
Current Estimated Value
$667,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,854
Avg. Annual Appreciation
12.30%
Original Mortgage
$351,024
Outstanding Balance
$311,056
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$356,298

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
Source: Public Records

Range of Values:

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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
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 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

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 $3,166 $440,900 $150,000 $290,900
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

  • K

    Seller's Agent in 2020

    Kevin Castner

    RE/MAX Results

    (401) 787-5194

    3 in this area

    18 Total Sales

    Kevin Castner
    Section Image
  • Madeline Andrews

    Seller Co-Listing Agent in 2020

    Madeline Andrews

    RE/MAX Results

    (401) 258-3225

    3 in this area

    13 Total Sales

    Madeline Andrews
    Section Image
  • Kylie Mccollough

    Buyer's Agent in 2020

    Kylie Mccollough

    Mott & Chace Sotheby's Intl.

    (401) 864-8830

    1 in this area

    43 Total Sales

    Kylie Mccollough
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1249583

State-Wide MLS

APN: NEWP-000010-000005-000004

Rhode Island Newport County Newport 02840

7 Malbone Rd, Newport, RI

This home is located at 7 Malbone Rd, Newport, RI 02840 since 12 March 2020 and is currently estimated at $667,354, approximately $543 per square foot. This property was built in 1872. 7 Malbone Rd is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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