NOT LISTED FOR SALE

8 Elliot Place Newport, RI 02840

Estimated Value: $882,000 - $934,000

4 Beds
2.5 Baths
2,057 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 10, 2020

Last sale price $559,000 $272 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,311/month

90 Days on Market

Highlights

  • Marina
  • Cottage
  • Walking Distance to Water
  • Wood Flooring
  • Recreation Facilities
  • 5-minute walk to Vernon Park

About This Home

As of July 2020

Bright and sunny, very well maintained Victorian located on a quiet street off Broadway. This charming 4+ bed, 2.1 bath home has over 2000 sq ft of living space featuring an open floor plan with gleaming hardwood floors. The home has been remodeled and features a beautiful kitchen with cherry cabinets, granite counters and stainless appliances. The living room and dining area offer great built-ins, crown moldings and closets for storage. There's a full bath with laundry off the kitchen and easy access to the fenced, rear yard. Second floor has two bedrooms, full bath and office (which can be doubled as another bedroom). Third floor has an additional two bedrooms, a half bath and small roof deck. Off street parking, garden shed and private, easy to maintain rear yard perfect for outside summer entertaining. Short distance to Eastons Beach and Broadway restaurant scene.

Last Agent to Sell the Property

Mike Sweeney

Gustave White Sotheby's Realty License #RES.0040637 Listed on: 03/11/2020

Gustave White Sotheby's Realty

Co-Listed By

Paul Leys

Gustave White Sotheby's Realty License #REC.0013814

Last Buyer's Agent

Karen O'Brien

William Raveis Inspire License #RES.0015351

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,735

Year Built

  • Built in 1920

Lot Details

  • 3,484 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,057 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 076
  • Assessor Parcel Number 8ELLIOTTPLNEWP

Community Details

Recreation

  • Marina
  • Recreation Facilities

Additional Features

  • Broadway Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,735

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 2057.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 2057.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: 1 Unit, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3484.0
  • Parcel #: 8ELLIOTTPLNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4735.0
  • Tax Lot: 076
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jul 6, 2020
Sold by
Froehner Jerald W and Froehner Ingrid
Bought by
Freeman Peter M and Dembinski Helen A
Seller's Agent
Mike Sweeney
Gustave White Sotheby's Realty
Buyer's Agent
Karen O'Brien
William Raveis Inspire
List Price
$559,000
Sold Price
$559,000
Total Days on Market
90
Current Estimated Value
$906,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,761
Avg. Annual Appreciation
10.31%
Original Mortgage
$447,200
Outstanding Balance
$400,939
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$505,822

Purchase Details

Listed on
Nov 26, 2013
Closed on
Apr 15, 2014
Sold by
Gapco Llc
Bought by
Froehner Jerald W and Froehner Ingrid
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Tammy Bass
Hogan Associates Christie's
List Price
$498,000
Sold Price
$495,000
Premium/Discount to List
-$3,000
-0.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$493,438
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 23, 2012
Closed on
Jul 31, 2013
Sold by
Reynolds Serena M
Bought by
Gapco Llc
Seller's Agent
Wendy Lord
Century 21 North East Group
Buyer's Agent
Libby Kirwin
Libby Kirwin Real Estate
List Price
$299,000
Sold Price
$210,000
Premium/Discount to List
-$89,000
-29.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
234.57%

Purchase Details

Closed on
Sep 26, 1997
Sold by
Martens Catherine
Bought by
Reynolds William J and Reynolds Serena

Purchase Details

Closed on
Jun 26, 1992
Sold by
Martins Catherine
Bought by
Benard Gilbert R and Benard Mona
Source: Public Records

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Range of Values:

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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
Freeman Peter M $559,000 None Available
Froehner Jerald W $495,000 --
Gapco Llc $210,000 --
Reynolds William J $107,500 --
Benard Gilbert R $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Peter M $447,200
Previous Owner Benard Gilbert R $509,635
Previous Owner Benard Gilbert R $493,438
Previous Owner Benard Gilbert R $334,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $559,000 0.0% $272 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $559,000 +12.9% $272 / Sq Ft
04/15/2014 04/15/14 Sold $495,000 -0.6% $205 / Sq Ft
03/16/2014 03/16/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $498,000 +137.1% $206 / Sq Ft
07/31/2013 07/31/13 Sold $210,000 -29.8% $118 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
10/23/2012 10/23/12 For Sale $299,000 -- $169 / 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
2024 $5,986 $858,800 $206,300 $652,500
2023 $5,674 $572,000 $145,800 $426,200
2022 $5,497 $572,000 $145,800 $426,200
2021 $5,337 $572,000 $145,800 $426,200
2020 $4,736 $460,700 $128,300 $332,400
2019 $4,736 $460,700 $128,300 $332,400
2018 $4,602 $460,700 $128,300 $332,400
2017 $4,411 $393,500 $75,000 $318,500
2016 $4,301 $393,500 $75,000 $318,500
2015 $4,199 $393,500 $75,000 $318,500
2014 $3,203 $265,600 $67,100 $198,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1249371

State-Wide MLS

APN: NEWP-000006-000000-000076