2 Sharon Ct Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $760,000 - $1,346,000
3
Beds
2.5
Baths
1,927
Sq Ft
$589/Sq Ft
Est. Value
Highlights
- Marina
- Colonial Architecture
- Wood Flooring
- Golf Course Community
- Cathedral Ceiling
- 3-minute walk to Spencer Park
About This Home
As of September 2022Impeccably renovated single family home in the 5th Ward on a dead-end street. Central location near many Newport attractions. High end updates, finish work, and thoughtful upgrades throughout the entirety of the home. Updates include new white oak hardwoods, quartz countertops, Thor appliances, and all new systems including a high-efficiency heating and cooling system, upgraded electrical, new exterior, windows and roof. A third floor primary suite with large walk-in double closets and oversized beautiful full bath has been added to the home. Two more bedrooms and the second full bath with heated floors are on the second floor, plus laundry for added convenience. This home comes with a great outdoor entertaining space with blue stone, new fence, and outdoor shower. Off-street parking plus a small garage for small car or storage. Don't miss out on this truly turn-key home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,946
Year Built
- Built in 1880
Lot Details
- 2,178
Parking
- 1 Car Detached Garage
Home Design
- Colonial Architecture
- Combination Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,927 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Storage Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Patio
Utilities
- Ductless Heating Or Cooling System
- Compressor
- Zoned Heating and Cooling System
- Heat Pump System
- Radiant Heating System
- 200+ Amp Service
- Tankless Water Heater
- Cable TV Available
Additional Features
- 2,178 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 396
- Assessor Parcel Number 2SHARONCTNEWP
Community Details
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2022
Closed on
Sep 30, 2022
Sold by
12 Pearl Llc
Bought by
Ludwick Stephen
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$1,100,000
Sold Price
$1,125,000
Premium/Discount to List
$25,000
2.27%
Total Days on Market
34
Views
61
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
$10,612
Avg. Annual Appreciation
0.35%
Original Mortgage
$900,000
Outstanding Balance
$866,287
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,325
Purchase Details
Listed on
Jul 26, 2020
Closed on
Sep 8, 2020
Sold by
Ward Alvin L and Ward Madeline L
Bought by
12 Pearl Llc
Seller's Agent
Annie Becker
Compass / Lila Delman Compass
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$325,000
Sold Price
$410,000
Premium/Discount to List
$85,000
26.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.07%
Similar Homes in Newport, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ludwick Stephen | $1,125,000 | None Available | |
| 12 Pearl Llc | $268,263 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ludwick Stephen | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/30/2022 09/30/22 | Sold | $1,125,000 | +2.3% | $584 / Sq Ft |
| 08/26/2022 08/26/22 | For Sale | $1,100,000 | +168.3% | $571 / Sq Ft |
| 10/05/2020 10/05/20 | Sold | $410,000 | +26.2% | $320 / Sq Ft |
| 09/05/2020 09/05/20 | Pending | -- | -- | -- |
| 07/26/2020 07/26/20 | For Sale | $325,000 | -- | $254 / Sq Ft |
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 |
|---|---|---|---|---|
| 2024 | $7,101 | $863,900 | $339,500 | $524,400 |
| 2023 | $4,073 | $410,600 | $221,900 | $188,700 |
| 2022 | $3,946 | $410,600 | $221,900 | $188,700 |
| 2021 | $3,823 | $409,800 | $221,900 | $187,900 |
| 2020 | $3,815 | $371,100 | $217,000 | $154,100 |
| 2019 | $3,815 | $371,100 | $217,000 | $154,100 |
| 2018 | $3,707 | $371,100 | $217,000 | $154,100 |
| 2017 | $3,338 | $297,800 | $155,200 | $142,600 |
| 2016 | $3,255 | $297,800 | $155,200 | $142,600 |
| 2015 | $3,178 | $297,800 | $155,200 | $142,600 |
| 2014 | $3,304 | $274,000 | $131,900 | $142,100 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Fitzpatrick
Seller's Agent in 2022
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
47 in this area
683 Total Sales
-
Connor Dowd
Buyer's Agent in 2022
Connor Dowd
Keller Williams Coastal
(401) 864-4488
5 in this area
409 Total Sales
-
Annie Becker
Seller's Agent in 2020
Annie Becker
Compass / Lila Delman Compass
(401) 855-1127
7 in this area
42 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1318732
APN: NEWP-000039-000000-000396
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