NOT LISTED FOR SALE

94 Prospect Hill St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,493,000 - $3,418,000

5 Beds
3.5 Baths
2,878 Sq Ft
$833/Sq Ft Est. Value

Last Sold March 31, 2016

Last sale price $555,000 $193 Per Sq Ft

Est. 332% increase in value since last sale

Current estimated payment $14,161/month

304 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • 6 Fireplaces
  • Water Views
  • Wood Flooring
  • 3-minute walk to Touro Park

About This Home

As of March 2016

Peter Treby, Sailmaker's colonial home on Prospect Hill built in 1751. This residence is referenced in the Architectural Heritage of Newport and can be found on 18th century Newport map by Stiles. Period architectural details. 3 car garage+parking.

Last Agent to Sell the Property

Bill O'leary

Hogan Associates Christie's License #REB.0018200 Listed on: 05/01/2015

Last Buyer's Agent

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,520

Year Built

  • Built in 1751

Lot Details

  • 5,046 Sq Ft Lot
  • Fenced
  • Property is zoned R3

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2,878 Sq Ft Home
  • 3-Story Property
  • 6 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 011
  • Assessor Parcel Number 94PROSPECTHILLSTNEWP

Community Details

Overview

  • Prospect Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,520

Year Built

Built in 1751

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1158
  • Subdivision Name: PROSPECT HILL
  • Above Grade Finished Sq Ft: 2878.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1751
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Masonry
  • Fireplaces: 6
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 2878.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5046.0
  • Parcel #: 94PROSPECTHILLSTNEWP
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8520.0
  • Tax Lot: 011
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2018
Sold by
Aquidneck Partners Llc
Bought by
Mccluskey Ralph and Cimo-Mccluskey Grace
Current Estimated Value
$2,397,409

Purchase Details

Listed on
May 1, 2015
Closed on
Mar 31, 2016
Sold by
Robert 3Rd C Clay
Bought by
Aquidneck Partners Llc
Seller's Agent
Bill O'leary
Hogan Associates Christie's
Buyer's Agent
Grace Cimo
Gustave White Sotheby's Realty
List Price
$1,450,000
Sold Price
$555,000
Premium/Discount to List
-$895,000
-61.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.58%
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
Mccluskey Ralph -- --
Aquidneck Partners Llc $555,000 --
Robert 3Rd C Clay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pritchard Barbara $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $555,000 -61.7% $193 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
05/01/2015 05/01/15 For Sale $1,450,000 -- $504 / 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 $12,425 $1,782,600 $489,000 $1,293,600
2023 $11,780 $1,187,500 $321,900 $865,600
2022 $11,412 $1,187,500 $321,900 $865,600
2021 $11,079 $1,187,500 $321,900 $865,600
2020 $6,475 $629,900 $286,500 $343,400
2019 $6,475 $629,900 $286,500 $343,400
2018 $6,112 $611,800 $286,500 $325,300
2017 $7,959 $710,000 $220,400 $489,600
2016 $7,760 $710,000 $220,400 $489,600
2015 $7,576 $710,000 $220,400 $489,600
2014 $8,046 $667,200 $172,300 $494,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Bill O'leary

    Hogan Associates Christie's

    Section Image
  • Grace Cimo

    Buyer's Agent in 2016

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    4 in this area

    82 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1094684

State-Wide MLS

APN: NEWP-000028-000000-000011

Rhode Island Newport County Newport 02840 Historic Hill

94 Prospect Hill St, Newport, RI

This home is located at 94 Prospect Hill St, Newport, RI 02840 since 01 May 2015 and is currently estimated at $2,397,409, approximately $833 per square foot. This property was built in 1751. 94 Prospect Hill St 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.

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