NOT LISTED FOR SALE

2 Griswald Place Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $1,084,000 - $1,736,000

5 Beds
4 Baths
3,398 Sq Ft
$430/Sq Ft Est. Value

Last Sold October 09, 2019

Last sale price $860,000 $253 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,719/month

60 Days on Market

Highlights

  • Colonial Architecture
  • Attic
  • 3 Car Detached Garage
  • Wood Flooring
  • 2 Fireplaces
  • Skylights

About This Home

As of October 2019

Welcome home to Rare Opportunity of Two Deeded Lots with 3 Bay Garage and extensive Parking, all for the Price of One! Fenced property at end of Quiet Street within blocks of Kay St. and trendy Broadway. Easy access around the island to the beaches, restaurants, mansions and all the City By The Sea has to offer. This 1898 bright, spacious home, completely renovated in 2016, with many updated features while maintaining it's architectural charm and turn of the century details. This 3400 Sq Ft home with 3 Levels, 5 Bedrooms, 2 Full and 2 Half Baths has ideal entertaining and tremendous investment opportunity. You're invited onto lemonade porch into the Dutch front door opening to large entry foyer and stairwell. The main living space with 2 adjacent parlors have double pocket doors offering privacy within the expansive open floor plan. A modernized kitchen with professional stainless appliances, quartzite counter tops, farmhouse sink and island, flows to the classic dining room for large gatherings. Unique inlaid wood floors, bay windows, tin ceilings, designer chandeliers, original decorative moldings adding character. Laundry room on 2nd floor. 3rd floor has over sized great room with skylight, half bath, bedroom and storage. Navien tankless on demand hot water heater, 200 Amp Electric and new plumbing throughout. Garage has custom race deck flooring, charming Cupola, 2 new roofs, brick paving, landscaping, curb appeal.

Last Listed By

Loretta Swanson

William Raveis Inspire License #RES.0032358 Listed on: 07/10/2019

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,330

Year Built

  • Built in 1898

Lot Details

  • 5,227 Sq Ft Lot
  • Property is zoned R10

Parking

  • 3 Car Detached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,398 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Skylights
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Tankless Water Heater

Community Details

  • Kay And Rhode Island Subdivision

Listing and Financial Details

  • Legal Lot and Block 056/6 / 095
  • Assessor Parcel Number 2GRISWOLDPLNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,330

Year Built

Built in 1898

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: Kay and Rhode Island
  • Above Grade Finished Sq Ft: 3398.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1898
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Wet Bar, Cedar Closet(s), Skylights, Tub Shower
  • Living Area: 3398.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5227.0
  • Parcel #: 2GRISWOLDPLNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6330.0
  • Tax Block: 095
  • Tax Lot: 056/6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2024
Sold by
Mcmahan Robert H and Mcmahan Jennifer A
Bought by
Mcmahan Robert H and Mcmahan Jennifer A
Total Days on Market
60
Current Estimated Value
$1,461,662

Purchase Details

Listed on
Jul 10, 2019
Closed on
Sep 27, 2019
Sold by
Morris Elizabeth C and Morris Brett A
Bought by
Mcmahan H Robert H and Mcmahan Jennifer A
Seller's Agent
Loretta Swanson
William Raveis Inspire
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$899,000
Sold Price
$860,000
Premium/Discount to List
-$39,000
-4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.88%
Original Mortgage
$460,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Dec 17, 2015
Closed on
May 2, 2016
Sold by
Demessianos Paul and Leander Pearl S
Bought by
Morris Elizabeth C and Morris Brett A
Seller's Agent
Peter Wasylyk
Gateway Realty
Buyer's Agent
Joseph Fitzpatrick
RE/MAX Results
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.20%
Original Mortgage
$292,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
Mcmahan Robert H -- None Available
Mcmahan Robert H -- None Available
Mcmahan H Robert H $860,000 --
Mcmahan H Robert $860,000 --
Morris Elizabeth C $365,000 --
Morris Elizabeth C $365,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmahan H Robert $460,000
Previous Owner Mcmahan H Robert $460,000
Previous Owner Morris Elizabeth C $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $860,000 -4.3% $253 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
07/10/2019 07/10/19 For Sale $899,000 0.0% $265 / Sq Ft
01/13/2017 01/13/17 For Rent $3,200 0.0% --
01/13/2017 01/13/17 Rented $3,200 +1.6% --
11/17/2016 11/17/16 Rented $3,150 +6.8% --
10/18/2016 10/18/16 Under Contract -- -- --
10/16/2016 10/16/16 For Rent $2,950 0.0% --
04/29/2016 04/29/16 Sold $365,000 -8.7% $158 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $399,900 -- $173 / 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 $6,440 $924,000 $194,700 $729,300
2023 $6,112 $616,100 $137,600 $478,500
2022 $5,921 $616,100 $137,600 $478,500
2021 $5,748 $616,100 $137,600 $478,500
2020 $4,926 $479,200 $126,800 $352,400
2019 $4,926 $479,200 $126,800 $352,400
2018 $4,787 $479,200 $126,800 $352,400
2017 $4,204 $375,000 $97,500 $277,500
2016 $3,878 $354,800 $97,500 $257,300
2015 $3,786 $354,800 $97,500 $257,300
2014 $4,158 $344,800 $97,500 $247,300
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Loretta Swanson

    William Raveis Inspire

    (401) 742-1544

    1 in this area

    5 Total Sales

    Loretta Swanson
    Section Image
  • Teri Degnan

    Buyer's Agent in 2019

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    5 in this area

    143 Total Sales

    Teri Degnan
    Section Image
  • Kelly Moran

    Buyer's Agent in 2017

    Kelly Moran

    William Raveis Inspire

    (631) 807-2198

    4 in this area

    38 Total Sales

    Kelly Moran
    Section Image

  • P

    Seller's Agent in 2016

    Peter Wasylyk

    Gateway Realty

    (401) 954-8997

    5 Total Sales

    Peter Wasylyk
    Section Image
  • Joseph Fitzpatrick

    Buyer's Agent in 2016

    Joseph Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    14 Total Sales

    Joseph Fitzpatrick
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Map

Source: State-Wide MLS

MLS Number: 1228973

State-Wide MLS

APN: NEWP-000011-000000-000095

Rhode Island Newport County Newport 02840 Kay-Catherine

2 Griswald Place, Newport, RI

Homes for Sale in Newport, RI

This home is located at 2 Griswald Place, Newport, RI 02840 since 10 July 2019 and is currently estimated at $1,461,662, approximately $430 per square foot. This property was built in 1898. 2 Griswald Place 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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