NOT LISTED FOR SALE

2 Watson St Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $728,000 - $860,000

3 Beds
1.5 Baths
1,100 Sq Ft
$720/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $435,000 $395 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,649/month

6 Days on Market

Highlights

  • Colonial Architecture
  • Recreation Facilities
  • 1 Car Detached Garage
  • Wood Flooring
  • Walking Distance to Water
  • 4-minute walk to J Paul Braga Junior Memorial Field

About This Home

As of July 2020

Charming colonial in the Gibbs/Kay neighborhood. This wonderful 3 bedroom 1 and a half bath home is located on quiet treelined street minutes from downtown, the beaches, and a quick walk to Braga Park. Its classic interior features original moldings and newly finished hardwood floors throughout including in the 3-second floor bedrooms. The comfortable good size sunny kitchen leads to a cozy private landscaped fenced in back yard. Off-street parking as well as a one-car garage. Well maintained including an updated electrical system. Classic Newport home located in a desirable area that puts you close to the best of Newport. Easy to show.

Last Agent to Sell the Property

Kevan Campbell

Hogan Associates Christie's License #RES.0034444 Listed on: 06/09/2020

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,831

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,100 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

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

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 341
  • Assessor Parcel Number 2WATSONSTNEWP

Community Details

Overview

  • Kay/Gibbs Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,831

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.07
  • Subdivision Name: Kay/Gibbs
  • Above Grade Finished Sq Ft: 1100.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1910
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1100.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

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: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3049.0
  • Parcel #: 2WATSONSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3830.83
  • Tax Lot: 341
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Jul 15, 2020
Sold by
Guyotte Martin J
Bought by
Maulucci Andrea J
Seller's Agent
Kevan Campbell
Hogan Associates Christie's
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$435,000
Sold Price
$435,000
Current Estimated Value
$791,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,531
Avg. Annual Appreciation
11.84%
Original Mortgage
$348,000
Outstanding Balance
$308,583
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$482,948

Purchase Details

Closed on
Aug 26, 2005
Sold by
Tolbert Della L
Bought by
Guyotte Martin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1995
Sold by
Patterson Bernard L
Bought by
Tolbert Thaddeus and Tolbert Della

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 1988
Sold by
Grosser Patricia
Bought by
Patterson Bernard
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
Maulucci Andrea J $435,000 None Available
Guyotte Martin J $355,000 --
Tolbert Thaddeus $125,000 --
Patterson Bernard $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maulucci Andrea J $348,000
Previous Owner Patterson Bernard $284,000
Previous Owner Patterson Bernard $53,250
Previous Owner Patterson Bernard $125,000
Previous Owner Patterson Bernard $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2020 07/16/20 Sold $435,000 0.0% $395 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $435,000 -- $395 / 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 $5,772 $664,300 $311,300 $353,000
2024 $5,461 $664,300 $311,300 $353,000
2023 $4,129 $416,200 $183,200 $233,000
2022 $4,000 $416,200 $183,200 $233,000
2021 $3,883 $416,200 $183,200 $233,000
2020 $3,495 $340,000 $173,500 $166,500
2019 $3,495 $340,000 $173,500 $166,500
2018 $3,397 $340,000 $173,500 $166,500
2017 $3,283 $292,900 $133,300 $159,600
2016 $3,201 $292,900 $133,300 $159,600
2015 $3,125 $292,900 $133,300 $159,600
2014 $3,109 $257,800 $102,000 $155,800
Source: Public Records

Agents Affiliated with this Home

  • Kevan Campbell

    Seller's Agent in 2020

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    6 in this area

    71 Total Sales

    Kevan Campbell
    Section Image
  • Joe Fitzpatrick

    Buyer's Agent in 2020

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    16 in this area

    689 Total Sales

    Joe Fitzpatrick
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1255929

State-Wide MLS

APN: NEWP-000011-000000-000341

Rhode Island Newport County Newport 02840 Kay-Catherine

2 Watson St, Newport, RI

Not Listed for Sale

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