NOT LISTED FOR SALE

Estimated Value: $1,911,000 - $2,684,152

6 Beds
3.5 Baths
4,044 Sq Ft
$581/Sq Ft Est. Value

Sale Details

Date Sold: September 9, 2022

Last sale price $1,950,000 $482 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $14,248 / mo

73 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Antique Architecture
  • Water Views
  • Deck
  • 3-minute walk to Battery Park

About This Home

As of September 2022

Located in one of Newport's most coveted neighborhoods, The Solomon Southwick House is the only home on The Point that looks unobstructed, straight down a cross street to the harbor. This sprawling residence has been elegantly restored over the years but maintains wonderful vintage details like wide plank pine flooring and eight fireplaces- 6 of which are still functioning! Built with sturdy post-and-beam construction, this commanding Colonial has 9-foot ceilings and a spacious, functional flow. On the main level, there is a formal dining room - complete with 12-over-12 Harvey windows complemented by handsome interior wood shutters. Next, flow into the grand living room which boasts built-in cabinetry & shelving and 2 fireplaces. Venture past the powder room into the kitchen; complete with 2 gas ranges, wine refrigerator and exposed wood ceiling beams. Finally there is a light & bright parlor which is currently being used as a home office. The 2nd level offers a primary suite with full bath & laundry room along with 3 additional bedrooms and a second full bath. The 3rd level offers 2 more bedrooms, a full bath and flexible living space. A driveway lines the right side of the house, with tandem parking for 3 large vehicles. Around back is stunning outdoor space which over the years has been a favorite stop on the Newport Garden Tour with bluestone patios intertwined with enchanting gardens. A must-see, this historic home is the perfect space for modern day living.

Last Agent to Sell the Property

Rebecca King

Gustave White Sotheby's Realty License #RES.0035659 Listed on: 05/16/2022

Gustave White Sotheby's Realty

Last Buyer's Agent

Suzanne Nance

Capitol Realty Company

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,238

Year Built

  • Built in 1750

Lot Details

  • 5,000 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Antique Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,044 Sq Ft Home
  • 3-Story Property
  • 8 Fireplaces
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 4
  • Assessor Parcel Number 77THIRDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,238

Year Built

Built in 1750

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1148
  • Inclusions: *Sale contingent on sellers finding suitable alternate housing*
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 4044.0
  • Architectural Style: Historic/Antique
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1750
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplaces: 8
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 4044.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 77THIRDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Tax Info

  • Tax Annual Amount: 12238.0
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Sep 9, 2022
Sold by
Bought by
Seller's Agent
Rebecca King
Gustave White Sotheby's Realty
Buyer's Agent
Suzanne Nance
Capitol Realty Company
List Price
$2,125,000
Sold Price
$1,950,000
Premium/Discount to List
-$175,000
-8.24%
Views
20
Current Estimated Value
$2,349,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,288
Avg. Annual Appreciation
4.89%
Original Mortgage
$1,365,000
Outstanding Balance
$1,275,190
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,074,098

Purchase Details

Closed on
Nov 2, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.01%

Purchase Details

Closed on
Oct 23, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
6.49%

Purchase Details

Closed on
Sep 16, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
6.9%

Purchase Details

Closed on
Oct 16, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Newport, RI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,950,000 None Available
-- --
$1,290,000 --
$399,000 --
$170,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,365,000
Previous Owner $1,500,000
Closed $140,000
Previous Owner $193,500
Previous Owner $967,500
Previous Owner $223,000
Previous Owner $74,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2022 09/09/22 Sold $1,950,000 -8.2% $482 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $2,125,000 +11.8% $525 / Sq Ft
08/10/2021 08/10/21 Sold $1,900,000 -4.8% $470 / Sq Ft View Prior Sale
07/11/2021 07/11/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $1,995,000 0.0% $493 / Sq Ft
07/10/2020 07/10/20 Rented $4,500 -18.2% --
06/10/2020 06/10/20 Under Contract -- -- --
02/27/2020 02/27/20 For Rent $5,500 -26.0% --
03/04/2017 03/04/17 Rented $7,428 -62.9% --
02/02/2017 02/02/17 Under Contract -- -- --
12/19/2016 12/19/16 For Rent $20,000 -- --
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,029 $1,844,700 $488,000 $1,356,700
2024 $15,163 $1,844,700 $488,000 $1,356,700
2023 $13,012 $1,311,700 $321,300 $990,400
2022 $12,605 $1,311,700 $321,300 $990,400
2021 $12,238 $1,311,700 $321,300 $990,400
2020 $10,918 $1,062,100 $286,000 $776,100
2019 $10,918 $1,062,100 $286,000 $776,100
2018 $10,610 $1,062,100 $286,000 $776,100
2017 $10,014 $893,300 $220,000 $673,300
2016 $9,764 $893,300 $220,000 $673,300
2015 $9,532 $893,300 $220,000 $673,300
2014 $10,422 $864,200 $172,000 $692,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1308130

State-Wide MLS

APN: NEWP-000012-000000-000004

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