NOT LISTED FOR SALE

17 Ayrault St Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $972,000 - $2,835,000

5 Beds
5 Baths
4,006 Sq Ft
$485/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $1,050,000 $262 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $10,779/month

46 Days on Market

Highlights

  • Marina
  • 0.28 Acre Lot
  • Tennis Courts
  • Golf Course Community
  • 1 Fireplace
  • 2-minute walk to Congdon Parks

About This Home

As of July 2023

Four unit building with carriage house building on a very large lot for the neighborhood and walking distance to all the restaurants and downtown. Main building needs a full renovation and the carriage house has been renovated into a very cool office suite with full bath. Ample parking with a lot that has enough space to make a spectacular outdoor living area. This property is not in the Historic District. Ready for someone to turn this into something special.

Last Agent to Sell the Property

The Hadfield Group

Hogan Associates Christie's Brokerage Phone: 401-965-1927 Listed on: 04/11/2023

Last Buyer's Agent

Bridgette Soby

Mott & Chace Sotheby's Intl.

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,103

Year Built

  • Built in 1880

Lot Details

  • 0.28 Acre Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Clapboard

Interior Spaces

  • 4,006 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Utilities

  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 053
  • Assessor Parcel Number 17AYRAULTSTNEWP

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,103

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.281
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 4006.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1880
  • Attribution Contact: 401-965-1927
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Bathtub, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Partial
  • Heating: Gas, None
  • Heating Yn: No
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12240.0
  • Parcel #: 17AYRAULTSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 6103.0
  • Tax Lot: 053
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2023
Closed on
Jul 17, 2023
Sold by
Victoria Residences Llc
Bought by
Island Dreams Llc
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
List Price
$1,450,000
Sold Price
$1,050,000
Premium/Discount to List
-$400,000
-27.59%
Views
115
Current Estimated Value
$1,944,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$894,446
Avg. Annual Appreciation
29.69%
Original Mortgage
$1,472,170
Outstanding Balance
$1,436,527
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,919

Purchase Details

Closed on
Sep 16, 2022
Sold by
Newport City Of
Bought by
Westcott Realty Rigp

Purchase Details

Closed on
Jun 14, 2021
Sold by
Chrupcala Seidy
Bought by
Victorian Residences Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Island Dreams Llc $1,050,000 None Available
Island Dreams Llc $1,050,000 None Available
Island Dreams Llc $1,050,000 None Available
Westcott Realty Rigp $10,192 None Available
Westcott Realty Rigp $10,192 None Available
Westcott Realty Rigp $10,192 None Available
Victorian Residences Llc $1,150,000 None Available
Victorian Residences Llc $1,150,000 None Available
Victorian Residences Llc $1,150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Island Dreams Llc $1,472,170
Closed Island Dreams Llc $1,472,170
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2023 07/19/23 Sold $1,050,000 -2.3% $262 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $1,075,000 -16.3% $268 / Sq Ft
04/20/2023 04/20/23 Price Changed $1,285,000 -11.4% $321 / Sq Ft
04/11/2023 04/11/23 For Sale $1,450,000 -- $362 / 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
2025 $6,478 $745,500 $293,300 $452,200
2024 $8,270 $1,006,100 $293,300 $712,800
2023 $7,800 $786,300 $207,300 $579,000
2022 $6,103 $635,100 $207,300 $427,800
2021 $5,925 $635,100 $207,300 $427,800
2020 $6,073 $590,800 $161,700 $429,100
2019 $9,110 $590,800 $161,700 $429,100
2018 $8,850 $590,800 $161,700 $429,100
2017 $9,464 $608,600 $128,900 $479,700
2016 $9,226 $608,600 $128,900 $479,700
2015 $9,001 $608,600 $128,900 $479,700
2014 $9,984 $597,100 $128,900 $468,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Hadfield Group

    Hogan Associates Christie's

    (401) 207-0083

    4 in this area

    99 Total Sales

    The Hadfield Group
    Section Image
  • Bridgette Soby

    Buyer's Agent in 2023

    Bridgette Soby

    Mott & Chace Sotheby's Intl.

    (401) 662-7969

    1 in this area

    115 Total Sales

    Bridgette Soby
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1333096

State-Wide MLS

APN: NEWP-000021-000000-000053

Rhode Island Newport County Newport 02840 Kay-Catherine

17 Ayrault St, Newport, RI

Not Listed for Sale

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