$410,000
SOLD OCT 5, 2020

2 Sharon Ct Newport, RI 02840

Fifth Ward Neighborhood
3 Beds
2 Baths
1,280 Sq Ft
2,178 Sq Ft Lot

Recently Sold

$320 Per Sq Ft

26% Above List Price

40 Days on Market

Highlights

  • Marina
  • Cottage
  • 1 Car Detached Garage
  • Wood Flooring
  • Walking Distance to Water
  • 3-minute walk to Spencer Park

About This Home

As of September 2022

Opportunity! Traditional Newport cottage in a wonderful, central location is ready for your updates. Create your open-plan first level living space with an open kitchen and first floor full bath already set up. Upstairs are 3 bedrooms and a full bath with room to expand the bath into the landing area. Plumbing in place for 2 full baths and 1st floor laundry. Welcoming front porch, off street parking, a 1-car garage and just enough back yard for garden, grill, patio and pets. Steps to Thames Street, just a few blocks to downtown fun and King Park on the harbor front. Property will convey AS IS.

Last Agent to Sell the Property

Annie Becker

Compass / Lila Delman Compass License #REB.0016723 Listed on: 07/26/2020

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1880

Lot Details

  • 2,178 Sq Ft Lot
  • Property is zoned R10

Parking

  • 1 Car Detached Garage

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water

Utilities

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

Listing and Financial Details

  • Tax Lot 396
  • Assessor Parcel Number 2SHARONCTNEWP

Community Details

Overview

  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,818

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 1280.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 1280.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Other, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Marina, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 2SHARONCTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3818.0
  • Tax Lot: 396
  • Tax Year: 2020

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
40
Views
61
Current Estimated Value
$1,135,612

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%
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $1,125,000 None Available
Warranty Deed $268,263 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Purchase Money Mortgage
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

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 $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

    684 Total Sales

    Joe Fitzpatrick
    Section Image
  • Connor Dowd

    Buyer's Agent in 2022

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    5 in this area

    409 Total Sales

    Connor Dowd
    Section Image
  • Annie Becker

    Seller's Agent in 2020

    Annie Becker

    Compass / Lila Delman Compass

    (401) 855-1127

    7 in this area

    42 Total Sales

    Annie Becker
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1259897

State-Wide MLS

APN: NEWP-000039-000000-000396

Rhode Island Newport County Newport 02840 Fifth Ward

2 Sharon Ct, Newport, RI

This home is located at 2 Sharon Ct, Newport, RI 02840 and is currently priced at $410,000, approximately $320 per square foot. This property was built in 1880. 2 Sharon Ct is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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