Seller's Agent in 2024
Ben Willett
Serhant New England
(401) 835-8810
15 in this area
122 Total Sales
9 Cherry St Newport, RI 02840
Estimated Value: $1,061,000 - $1,164,000
3
Beds
2
Baths
1,200
Sq Ft
$911/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Furnished
- Colonial Architecture
- Corner Lot
- 4-minute walk to Battery Park
About This Home
As of January 2024Seller Financing available at a 5% rate with a 30% down payment for 5 years to qualified buyers. Welcome to 9 Cherry St., centrally located in the Historic Point Neighborhood on a private dead-end street. Enjoy walking past beautifully restored historic colonial homes on your way into town, the harbor and to various parks along the water. This well cared for 3 Bedroom, 2 full bathroom home features an open living / dining / kitchen area with a spacious deck perfect for entertaining and day to day living. The updated kitchen has granite counter tops with great workspace and storage. There is also a 1st level living option with a bedroom and full bath with shower on the first floor. The second floor includes 2 large bedrooms and another full bath with tub & shower. Additional highlights of the property include air conditioning installed in 2022 hardwood floors installed in 2022, all new windows in 2022, new interior doors in 2022, fresh interior and exterior paint, and a new 60 gallon hot water tank installed in 2020. Also enjoy the private, nicely landscaped yard, a drive way that will accommodate two large vehicles side by side and a storage shed for bikes, beach chairs, lawn mower & scooter. Built in 1971 on a full concrete foundation, there is a deep basement with high ceilings suitable to be converted to finished living area. Located out of the flood zone. Perfect for full time residence, second home and or rental. Move-In ready-come see it soon!
Last Agent to Sell the Property
Serhant New England License #REB.0019095 Listed on: 10/04/2023
Last Buyer's Agent
Caroline Richards
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,427
Year Built
- Built in 1971
Lot Details
- 4,791 Sq Ft Lot
- Corner Lot
- Property is zoned R10
Home Design
- Colonial Architecture
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 1,200 Sq Ft Home
- 2-Story Property
- Furnished
- Storage Room
- Utility Room
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating System
- Heating System Uses Oil
- Heat Pump System
- 100 Amp Service
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 33
- Assessor Parcel Number 9CHERRYSTNEWP
Community Details
Overview
- Historic Point Subdivision
Recreation
- Marina
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 4, 2023
Closed on
Jan 9, 2024
Sold by
Mitchell Susan N and Guinn Hamish A
Bought by
Vincze John A
Seller's Agent
Ben Willett
Serhant New England
Buyer's Agent
Caroline Richards
List Price
$1,099,000
Sold Price
$849,000
Premium/Discount to List
-$250,000
-22.75%
Views
134
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,721
Avg. Annual Appreciation
12.77%
Original Mortgage
$549,000
Outstanding Balance
$540,147
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$552,574
Purchase Details
Closed on
Dec 12, 1986
Bought by
Avino-Mitchell Susan
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vincze John A | $849,000 | None Available | |
| Avino-Mitchell Susan | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vincze John A | $549,000 | |
| Previous Owner | Avino-Mitchell Susan | $200,000 | |
| Previous Owner | Avino-Mitchell Susan | $204,400 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/09/2024 01/09/24 | Sold | $849,000 | -10.5% | $708 / Sq Ft |
| 01/02/2024 01/02/24 | Pending | -- | -- | -- |
| 11/29/2023 11/29/23 | Price Changed | $949,000 | -9.5% | $791 / Sq Ft |
| 11/07/2023 11/07/23 | Price Changed | $1,049,000 | -4.5% | $874 / Sq Ft |
| 10/04/2023 10/04/23 | For Sale | $1,099,000 | 0.0% | $916 / Sq Ft |
| 08/09/2017 08/09/17 | For Rent | $2,500 | 0.0% | -- |
| 08/09/2017 08/09/17 | Rented | $2,500 | -- | -- |
Source: State-Wide MLS
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 | $7,883 | $907,200 | $483,800 | $423,400 |
| 2024 | $7,457 | $907,200 | $483,800 | $423,400 |
| 2023 | $5,834 | $588,100 | $318,500 | $269,600 |
| 2022 | $5,652 | $588,100 | $318,500 | $269,600 |
| 2021 | $5,487 | $588,100 | $318,500 | $269,600 |
| 2020 | $4,856 | $472,400 | $285,500 | $186,900 |
| 2019 | $4,856 | $472,400 | $285,500 | $186,900 |
| 2018 | $4,696 | $470,100 | $285,500 | $184,600 |
| 2017 | $4,502 | $401,600 | $219,600 | $182,000 |
| 2016 | $4,389 | $401,600 | $219,600 | $182,000 |
| 2015 | $4,285 | $401,600 | $219,600 | $182,000 |
| 2014 | $4,371 | $362,400 | $171,700 | $190,700 |
Source: Public Records
Agents Affiliated with this Home
-
Ben Willett
-
C
Buyer's Agent in 2024
Caroline Richards
Map
Source: State-Wide MLS
MLS Number: 1344908
APN: NEWP-000012-000000-000033
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