$680,000
SOLD SEP 16, 2013

81 Pelham St Unit 2 Newport, RI 02840

Historic Hill Neighborhood
3 Beds
2.5 Baths
2,112 Sq Ft
$275/mo HOA Fee

Recently Sold

$322 Per Sq Ft

2% Below List Price

24 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Thermal Windows
  • Deck
  • Walking Distance to Water
  • 2-minute walk to Touro Park

About This Home

As of March 2023

Beautiful multi-level townhouse located in the heart of Newport's historic hill. Completely renovated with water views and great roof top deck. Three bedrooms, two decks, two parking spaces. ready for occupancy. Assessment to be determined

Last Agent to Sell the Property

Buddy Hill

Private Properties License #REB.0011930 Listed on: 07/23/2013

Last Buyer's Agent

Gloria Kurz

Mansions & Manors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,673

Year Built

  • Built in 1850

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Clapboard
  • Masonry

Interior Spaces

  • 4-Story Property
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Dining Room
  • Storage Room
  • Laundry Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Dirt Floor

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 81PELHAMST2NEWP

Community Details

Overview

  • 4 Units
  • Historic Hill Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,673

Year Built

Built in 1850

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 1680.0
  • Building Name: Richard Stagg House
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Townhouse
  • Year Built: 1850
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Dirt Floor, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 432.0
  • Entry Location: First Floor Access
  • Fireplace Features: Gas, Zero Clearance
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Living Area: 2112.0
  • Dining Room Type: Dining Room, Laundry, Storage Room
  • Stories: 4
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Paved
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Masonry
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 81PELHAMST2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 16, 2023
Sold by
Fenton Brian and Fenton Susan
Bought by
Jaffarian Gary R and Casey Amy
Seller's Agent
Karin Jackson
Compass / Lila Delman Compass
Buyer's Agent
Alice Sheerin
Teri Degnan RE & Consulting
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Total Days on Market
24
Views
11
Current Estimated Value
$1,512,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$212,737
Avg. Annual Appreciation
5.34%

Purchase Details

Listed on
Jun 29, 2020
Closed on
Sep 22, 2020
Sold by
Kenneth J Apicerno T
Bought by
Fenton Brian and Fenton Susan
Seller's Agent
James King
William Raveis Inspire
Buyer's Agent
Karin Jackson
Compass / Lila Delman Compass
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$960,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 27, 2017
Closed on
Dec 20, 2017
Sold by
Vanrijn Willem and Vanrijn Kathleen
Bought by
Apicerno Kenneth J
Seller's Agent
Laurie Mcgowan
Keller Williams Coastal
Buyer's Agent
Michelle Drum
Gustave White Sotheby's Realty
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 23, 2013
Closed on
Sep 16, 2013
Sold by
New Pelham Llc
Bought by
Vanrijn Willem and Vanrijn Kathleen
Seller's Agent
Buddy Hill
Private Properties
Buyer's Agent
Gloria Kurz
Mansions & Manors
List Price
$695,000
Sold Price
$680,000
Premium/Discount to List
-$15,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$350,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,300,000 None Available
Deed $1,200,000 None Available
Warranty Deed $800,000 --
Warranty Deed $800,000 --
Deed $680,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $850,000 Adjustable Rate Mortgage/ARM
Previous Owner $960,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $960,000 Purchase Money Mortgage
Previous Owner $500,000 Adjustable Rate Mortgage/ARM
Previous Owner $500,000 No Value Available
Previous Owner $350,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $1,300,000 -7.1% $616 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
01/13/2023 01/13/23 For Sale $1,399,000 +16.6% $662 / Sq Ft
09/23/2020 09/23/20 Sold $1,200,000 -7.3% $568 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $1,295,000 +61.9% $613 / Sq Ft
12/20/2017 12/20/17 Sold $800,000 +0.6% $379 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $795,000 +16.9% $376 / Sq Ft
09/16/2013 09/16/13 Sold $680,000 -2.2% $322 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
07/23/2013 07/23/13 For Sale $695,000 -- $329 / 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 $10,673 $1,298,400 $0 $1,298,400
2023 $10,353 $1,043,600 $0 $1,043,600
2022 $10,029 $1,043,600 $0 $1,043,600
2021 $9,737 $1,043,600 $0 $1,043,600
2020 $6,803 $661,800 $0 $661,800
2019 $6,803 $661,800 $0 $661,800
2018 $6,611 $661,800 $0 $661,800
2017 $7,419 $661,800 $0 $661,800
2016 $7,233 $661,800 $0 $661,800
2015 $7,061 $661,800 $0 $661,800
2014 $7,263 $602,200 $0 $602,200
Source: Public Records

Agents Affiliated with this Home

  • Karin Jackson

    Seller's Agent in 2023

    Karin Jackson

    Compass / Lila Delman Compass

    (401) 338-3771

    9 in this area

    160 Total Sales

    Karin Jackson
    Section Image
  • Alice Sheerin

    Buyer's Agent in 2023

    Alice Sheerin

    Teri Degnan RE & Consulting

    (401) 935-1601

    10 in this area

    23 Total Sales

    Alice Sheerin
    Section Image

  • J

    Seller's Agent in 2020

    James King

    William Raveis Inspire

    (401) 440-2705

    1 in this area

    5 Total Sales

    James King
    Section Image

  • L

    Seller's Agent in 2017

    Laurie Mcgowan

    Keller Williams Coastal

    (401) 864-5268

    Section Image
  • Michelle Drum

    Buyer's Agent in 2017

    Michelle Drum

    Gustave White Sotheby's Realty

    (401) 265-3423

    11 in this area

    67 Total Sales

    Michelle Drum
    Section Image

  • B

    Seller's Agent in 2013

    Buddy Hill

    Private Properties

    (401) 662-7168

    2 in this area

    2 Total Sales

    Buddy Hill
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1046693

State-Wide MLS

APN: NEWP-000027-000013-000002

Rhode Island Newport County Newport 02840 Historic Hill

81 Pelham St Unit 2, Newport, RI

This home is located at 81 Pelham St Unit 2, Newport, RI 02840 and is currently priced at $680,000, approximately $321 per square foot. This property was built in 1850. 81 Pelham St Unit 2 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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