NOT LISTED FOR SALE

8 Covell St Newport, RI 02840

Estimated Value: $1,024,000 - $1,279,000

3 Beds
2.5 Baths
1,325 Sq Ft
$875/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $1,005,000 $758 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,714/month

7 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Marble Flooring
  • Barn
  • Deck
  • 5-minute walk to Cardines Field

About This Home

As of May 2022

Beautiful classic Newport home. Fully refinished with all high end materials and fixtures. Open floor plan with high ceilings and recessed lighting. Beautiful glass shower stall with rainfall shower heads. Fully applianced with Bosch kitchen appliances and laundry. Central Air conditioning throughout the whole home and zoned gas fired furnace keeps you comfortable year round. Nice fenced in yard comes with a barn house great for entertaining!

Last Agent to Sell the Property

Jeff Brooks

Hogan Associates Christie's License #RES.0034174 Listed on: 03/14/2022

Last Buyer's Agent

Louis Upham

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 1880

Lot Details

  • 4,050 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Barn

Listing and Financial Details

  • Tax Lot 316
  • Assessor Parcel Number 8COVELLSTNEWP

Community Details

Overview

  • Farewell St Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,507

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.093
  • Subdivision Name: Farewell St
  • Above Grade Finished Sq Ft: 1325.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1325.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)
  • Patio And Porch Features: Deck, Porch

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4050.0
  • Parcel #: 8COVELLSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5507.0
  • Tax Lot: 316
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2022
Closed on
May 10, 2022
Sold by
Valentino Mark T and Rollins Jennifer A
Bought by
Gries Sarah M
Seller's Agent
Jeff Brooks
Hogan Associates Christie's
Buyer's Agent
Louis Upham
RE/MAX Profnl. Newport, Inc.
List Price
$949,000
Sold Price
$1,005,000
Premium/Discount to List
$56,000
5.9%
Current Estimated Value
$1,158,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,987
Avg. Annual Appreciation
4.26%

Purchase Details

Closed on
Jun 25, 2014
Sold by
Hovey Joanne
Bought by
Renovare Llc

Purchase Details

Closed on
May 16, 2014
Sold by
Frank F & A C Pine Ft
Bought by
Hovey Joanne
Source: Public Records

Range of Values:

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Average Value
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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
Gries Sarah M $1,005,000 None Available
Renovare Llc -- --
Hovey Joanne $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hovey Joanne $495,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2022 05/10/22 Sold $1,005,000 +5.9% $758 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/14/2022 03/14/22 For Sale $949,000 0.0% $716 / Sq Ft
02/17/2020 02/17/20 For Rent $3,300 0.0% --
02/17/2020 02/17/20 Rented $3,300 0.0% --
11/30/2015 11/30/15 Sold $619,000 -4.6% $467 / Sq Ft View Prior Sale
10/31/2015 10/31/15 Pending -- -- --
08/21/2015 08/21/15 For Sale $649,000 -- $490 / 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 $6,832 $951,500 $344,400 $607,100
2024 $6,632 $951,500 $344,400 $607,100
2023 $5,856 $590,300 $189,000 $401,300
2022 $5,673 $590,300 $189,000 $401,300
2021 $5,507 $590,300 $189,000 $401,300
2020 $4,925 $479,100 $175,200 $303,900
2019 $4,925 $479,100 $175,200 $303,900
2018 $4,786 $479,100 $175,200 $303,900
2017 $4,656 $415,300 $134,700 $280,600
2016 $4,539 $415,300 $134,700 $280,600
2015 $3,349 $313,900 $134,700 $179,200
2014 $3,162 $262,200 $103,000 $159,200
Source: Public Records

Agents Affiliated with this Home

  • Jeff Brooks

    Seller's Agent in 2022

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    11 in this area

    129 Total Sales

    Jeff Brooks
    Section Image

  • L

    Buyer's Agent in 2022

    Louis Upham

    RE/MAX Profnl. Newport, Inc.

  • T

    Buyer's Agent in 2020

    Timothy Dargan

    Teri Degnan RE & Consulting

    (401) 345-7070

    1 in this area

    13 Total Sales

    Timothy Dargan
    Section Image

  • J

    Seller's Agent in 2015

    Joanne Hovey

    Trademark Properties

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1304811

State-Wide MLS

APN: NEWP-000017-000000-000316

Rhode Island Newport County Newport 02840

8 Covell St, Newport, RI

This home is located at 8 Covell St, Newport, RI 02840 since 14 March 2022 and is currently estimated at $1,158,987, approximately $874 per square foot. This property was built in 1880. 8 Covell St 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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