Seller's Agent in 2023
Kyle Costa
Bay Shores Real Estate
(508) 287-6588
4 in this area
51 Total Sales
18 Memorial Blvd W Newport, RI 02840
Historic Hill Neighborhood
2
Beds
1
Bath
1,173
Sq Ft
2,290
Sq Ft Lot
Highlights
- Marina
- Water Access
- Attic
- Golf Course Community
- Wood Flooring
- 3-minute walk to Aquidneck Growers Market (Wednesday)
About This Home
As of June 2023Charming Newport cottage built in 1820 located in the heart of Newport. Easy walk to Newport Beaches, Cliff Walk, Tennis Hall of Fame, shopping, restaurants and local events. Zoned GB makes either a great residential rental ready for weekly rentals or a retail location with 2 parking spots and private fenced in backyard.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,749
Year Built
- Built in 1820
Lot Details
- 2,290 Sq Ft Lot
- Property is zoned GB
Home Design
- Cottage
- Stone Foundation
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,173 Sq Ft Home
- 1-Story Property
- Fireplace Features Masonry
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Parking
- 2 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Water Access
- Walking Distance to Water
- Porch
Location
- Property near a hospital
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 84
- Assessor Parcel Number 18MEMORIALWESTBLVDNEWP
Community Details
Overview
- Downtown Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2023
Closed on
Jun 14, 2023
Sold by
Costa Kyle
Bought by
Davis Stephen C
Seller's Agent
Kyle Costa
Bay Shores Real Estate
Buyer's Agent
Kyle Costa
Bay Shores Real Estate
List Price
$1,250,000
Sold Price
$1,200,000
Premium/Discount to List
-$50,000
-4%
Views
10
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
$319,753
Avg. Annual Appreciation
10.87%
Original Mortgage
$900,000
Outstanding Balance
$875,890
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$643,863
Purchase Details
Listed on
May 14, 2018
Closed on
Jan 10, 2019
Sold by
Craft C Wayen C and Craft Carol
Bought by
Costa Kyle
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Kyle Costa
Bay Shores Real Estate
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.52%
Original Mortgage
$416,000
Interest Rate
4.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Sep 22, 2003
Sold by
Tomaino Joseph and Tomaino Leslie
Bought by
Craft C Wayne C and Craft Carol
Purchase Details
Closed on
Mar 9, 2000
Sold by
Rose Donna M
Bought by
Fitzgerald Patrick and Sardella Richard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
8.18%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | None Available | |
| Warranty Deed | $1,200,000 | None Available | |
| Warranty Deed | $525,000 | -- | |
| Warranty Deed | $525,000 | -- | |
| Warranty Deed | $525,000 | -- | |
| Deed | $276,000 | -- | |
| Deed | $276,000 | -- | |
| Warranty Deed | $130,000 | -- | |
| Warranty Deed | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $900,000 | Purchase Money Mortgage | |
| Closed | $900,000 | Purchase Money Mortgage | |
| Previous Owner | $416,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $97,500 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/14/2023 06/14/23 | Sold | $1,200,000 | -4.0% | $741 / Sq Ft |
| 04/26/2023 04/26/23 | Pending | -- | -- | -- |
| 04/08/2023 04/08/23 | For Sale | $1,250,000 | +138.1% | $772 / Sq Ft |
| 01/10/2019 01/10/19 | Sold | $525,000 | -8.7% | $448 / Sq Ft |
| 12/11/2018 12/11/18 | Pending | -- | -- | -- |
| 05/14/2018 05/14/18 | For Sale | $575,000 | 0.0% | $490 / Sq Ft |
| 07/07/2017 07/07/17 | For Rent | $1,800 | 0.0% | -- |
| 07/07/2017 07/07/17 | Rented | $1,800 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $12,044 | $1,118,300 | $590,900 | $527,400 |
| 2024 | $11,676 | $1,116,300 | $590,900 | $525,400 |
| 2023 | $7,397 | $497,100 | $350,100 | $147,000 |
| 2022 | $7,163 | $497,100 | $350,100 | $147,000 |
| 2021 | $6,954 | $497,100 | $350,100 | $147,000 |
| 2020 | $7,682 | $498,200 | $317,000 | $181,200 |
| 2019 | $7,682 | $498,200 | $317,000 | $181,200 |
| 2018 | $7,463 | $498,200 | $317,000 | $181,200 |
| 2017 | $6,587 | $423,600 | $197,100 | $226,500 |
| 2016 | $6,422 | $423,600 | $197,100 | $226,500 |
| 2015 | $6,265 | $423,600 | $197,100 | $226,500 |
| 2014 | $6,586 | $393,900 | $197,100 | $196,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kyle Costa
-
Joe Fitzpatrick
Seller's Agent in 2019
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
21 in this area
700 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1191674
APN: NEWP-000028-000000-000084
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