NOT LISTED FOR SALE

78 Bridge St Newport, RI 02840

Estimated Value: $1,652,000 - $1,925,000

3 Beds
2 Baths
1,850 Sq Ft
$970/Sq Ft Est. Value

Last Sold June 02, 2017

Last sale price $635,000 $343 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $10,587/month

47 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Wood Flooring
  • Golf Course Community
  • Deck
  • 1-minute walk to Storer Park

About This Home

As of June 2017

This early 18th century Colonial is situated on The Point among original sea captain and shipwright houses. It boasts simple charm with gunstock-style post-and-beam construction, wide-plank floors and a walk-up attic suitable for an extra bedroom. It sits on a large lot with gardens, a brick walk and plenty of off-street parking in a neighborhood that's an easy walk to downtown Newport and the waterfront along Washington Street. A bright and sunny south-facing house with a cheerful and welcoming feel, it's currently a comfortable two-family that could easily be converted to a single-family.

Last Agent to Sell the Property

Ann Conner

Gustave White Sotheby's Realty License #REB.0010761 Listed on: 03/16/2017

Co-Listed By

Kirtley Mitchell

Gustave White Sotheby's Realty License #RES.0028980

Last Buyer's Agent

Ann Conner

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 1750

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Block Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 1 Parking Space
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 78BridgeSTNEWP

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

$5,306

Year Built

Built in 1750

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 1850.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1750
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Wood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 1850.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, 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: 5663.0
  • Parcel #: 78BridgeSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5306.0
  • Tax Lot: 73
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Jun 2, 2017
Sold by
Goddard Thomas P I
Bought by
Jones Hugh M and Jones Adrienne C
Seller's Agent
Ann Conner
Gustave White Sotheby's Realty
Buyer's Agent
Ann Conner
Gustave White Sotheby's Realty
List Price
$635,000
Sold Price
$635,000
Current Estimated Value
$1,794,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,159,361
Avg. Annual Appreciation
13.15%
Original Mortgage
$471,000
Outstanding Balance
$391,236
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$1,403,125

Purchase Details

Closed on
Jan 16, 1981
Bought by
Goddard Hope D
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
Jones Hugh M $635,000 --
Goddard Hope D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Hugh M $471,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2017 06/02/17 Sold $635,000 0.0% $343 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $635,000 -- $343 / 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 $14,338 $1,650,100 $501,300 $1,148,800
2024 $13,564 $1,650,100 $501,300 $1,148,800
2023 $10,664 $1,075,000 $330,000 $745,000
2022 $10,331 $1,075,000 $330,000 $745,000
2021 $10,030 $1,075,000 $330,000 $745,000
2020 $5,481 $533,200 $292,800 $240,400
2019 $5,481 $533,200 $292,800 $240,400
2018 $6,167 $617,300 $292,800 $324,500
2017 $5,442 $485,500 $225,200 $260,300
2016 $5,307 $485,500 $225,200 $260,300
2015 $5,180 $485,500 $225,200 $260,300
2014 $5,558 $460,900 $176,100 $284,800
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Ann Conner

    Gustave White Sotheby's Realty

  • K

    Seller Co-Listing Agent in 2017

    Kirtley Mitchell

    Gustave White Sotheby's Realty

  • Edith Cushing

    Buyer Co-Listing Agent in 2017

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6750

    5 in this area

    45 Total Sales

    Edith Cushing
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Map

Source: State-Wide MLS

MLS Number: 1154214

State-Wide MLS

APN: NEWP-000016-000000-000073

Rhode Island Newport County Newport 02840

78 Bridge St, Newport, RI

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