NOT LISTED FOR SALE

9 Cliff Terrace Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $3,162,000 - $4,255,000

5 Beds
3.5 Baths
4,388 Sq Ft
$846/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $2,275,000 $518 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $22,746/month

48 Days on Market

Highlights

  • Marina
  • Beach Access
  • Wood Burning Stove
  • Water Views
  • Golf Course Community
  • Marble Flooring

About This Home

As of September 2019

Spectacular panoramic ocean view home set high on the cliffs behind Newport’s famed Cliff Walk has been completely transformed following Newport’s historic guidelines to accommodate todays living and enjoys commanding views of the open ocean and Easton’s Beach. Superb finishes throughout an open-plan space of 4,388 square feet reflects the personality and taste of those accustomed to quality design, finishes and lifestyle. This classic Cedar shingled home has lovely coastal pallets, 10 ½ foot high ceilings, custom crown moldings, solid wood doors and brushed bronze hardware creating a timeless style. Ocean views are captured through the extensive use of glass and the rooms are generously proportioned. Tigerwood Brazilian Koa floors warm the entire space. The kitchen, dining and living areas extend freely onto the ocean side enclosed porch, perfect for lounging with friends and family while enjoying your favorite playlist from the Sonas surround sound system. A Hearth Stone Hase Collection wood-burning stove and the Heat N’ Go built-in corner gas fireplace will add warmth on those crisp cool nights. The master on suite has wonderful ocean views. Walk a stone’s throw to the Cliff Walk for a 3.5 mile stroll along some of the most beautiful coastline in New England or take a short stroll to indulge in fine dining at the Cara Restaurant at the luxury Chandler. Conveniently close to all things Newport providing it with the Newport atmosphere for which Newport is known.

Last Agent to Sell the Property

Michelle Datoli

Mott & Chace Sotheby's Intl. License #REB.0016198 Listed on: 06/24/2019

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Eric Kirton

Lila Delman Compass License #REB.0018697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,619

Year Built

  • Built in 1890

Lot Details

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

Home Design

  • Antique Architecture
  • Cottage
  • Stone Foundation
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Zero Clearance Fireplace
  • Thermal Windows
  • Game Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • <<tubWithShowerToken>>

Laundry

  • Dryer
  • Washer

Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 9CLIFFTERNEWP

Community Details

Amenities

  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,619

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Above Grade Finished Sq Ft: 2984.0
  • Architectural Style: Cabin/Cottage, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1890
  • 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: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1404.0
  • Fireplace Features: Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Bathtub, Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 4388.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 9CLIFFTERNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 20619.0
  • Tax Lot: 131
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2022
Sold by
Kokulis Ft and Kokulis
Bought by
Teresa D Kokulis Ret and Kokulis
Current Estimated Value
$3,712,578

Purchase Details

Listed on
Jun 24, 2019
Closed on
Oct 18, 2019
Sold by
Kokulis John L and Kokulis Teresa D
Bought by
Kokulis Ft and Kokulis
Seller's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$2,495,000
Sold Price
$2,275,000
Premium/Discount to List
-$220,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$1,820,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 3, 2019
Sold by
Rosenberg Barry I and Rosenberg Kathryn M
Bought by
Kokulis John L and Kokulis Teresa D
Seller's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$2,495,000
Sold Price
$2,275,000
Premium/Discount to List
-$220,000
-8.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Interest Rate
3.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 14, 2012
Sold by
Valentine Paul H and Valentine Esperanza F
Bought by
Rosenberg Barry I and Rosenberg Kathryn M

Purchase Details

Closed on
Oct 26, 2009
Sold by
Alvin Mgmt Llc
Bought by
Rosenberg Barry and Resenberg Kathryn

Purchase Details

Closed on
May 12, 1997
Sold by
Flannery Robert L and Flannery Daine
Bought by
Erfe Alberto V and Erfe Hilda

Purchase Details

Closed on
May 26, 1989
Sold by
Clausen James
Bought by
Flannery Robert
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
Teresa D Kokulis Ret -- None Available
Kokulis Ft -- --
Kokulis John L $2,275,000 --
Rosenberg Barry I $730,000 --
Rosenberg Barry $1,055,000 --
Erfe Alberto V $370,000 --
Flannery Robert $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kokulis Ft $1,820,000
Previous Owner Rosenberg Barry I $200,000
Previous Owner Flannery Robert $1,312,500
Previous Owner Flannery Robert $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2019 09/11/19 Sold $2,275,000 -8.8% $518 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $2,495,000 -- $569 / 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 $26,900 $3,859,400 $2,515,400 $1,344,000
2023 $20,514 $2,067,900 $1,194,800 $873,100
2022 $21,753 $2,263,600 $1,194,800 $1,068,800
2021 $21,119 $2,263,600 $1,194,800 $1,068,800
2020 $21,218 $2,064,000 $921,600 $1,142,400
2019 $21,218 $2,064,000 $921,600 $1,142,400
2018 $20,619 $2,064,000 $921,600 $1,142,400
2017 $13,122 $1,170,600 $591,800 $578,800
2016 $12,795 $1,170,600 $591,800 $578,800
2015 $12,228 $1,146,000 $591,800 $554,200
2014 $11,900 $986,700 $493,200 $493,500
Source: Public Records

Agents Affiliated with this Home

  • Michelle Datoli

    Seller's Agent in 2019

    Michelle Datoli

    Mott & Chace Sotheby's Intl.

    (401) 952-2233

    25 Total Sales

    Michelle Datoli
    Section Image
  • Eric Kirton

    Buyer's Agent in 2019

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    2 in this area

    100 Total Sales

    Eric Kirton
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1227627

State-Wide MLS

APN: NEWP-000031-000000-000131

Rhode Island Newport County Newport 02840 Memorial Boulevard

9 Cliff Terrace, Newport, RI

This home is located at 9 Cliff Terrace, Newport, RI 02840 since 24 June 2019 and is currently estimated at $3,712,578, approximately $846 per square foot. This property was built in 1890. 9 Cliff Terrace 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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