28 Calvert St Newport, RI 02840
Kay-Catherine NeighborhoodEstimated Value: $938,000 - $1,216,000
5
Beds
3
Baths
3,738
Sq Ft
$279/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Porch
- Golf Course Community
- Tennis Courts
- 2-minute walk to Congdon Parks
About This Home
As of September 2021Incredible investment opportunity in Newport! 28 Calvert Street is a bright and sunny 3 family home centrally located within walking distance to downtown Newport, Bellevue Avenue, Newport Harbor and the nightlife and restaurants of Broadway. Tucked in on a peaceful side street with private yard and off street parking just minutes to town or the beautiful beaches of Newport and Middletown.
Each unit features hardwood floors and their own dedicated utilities. There are 2 spacious 2 bedroom apartments each with 1 full bath as well as a charming 1 bedroom 1 bath unit on the top floor. Community laundry can be found at the basement level.
This property comes with a strong rental history, great opportunity for the owner occupant or straight investment
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,615
Year Built
- Built in 1900
Lot Details
- 3,447
Home Design
- Combination Foundation
- Shingle Siding
- Plaster
Interior Spaces
- 3,738 Sq Ft Home
- 3-Story Property
- Laundry Room
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 1 Parking Space
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Additional Features
- Porch
- 3,447 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 28CALVERTSTNEWP
Community Details
Overview
- 3 Units
- Broadway/Kay Street Subdivision
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
Jun 4, 2021
Closed on
Sep 7, 2021
Sold by
Mark Marosits T
Bought by
Hayes Christopher L and Rotondo Amanda L
Seller's Agent
Eric Kirton
Compass / Lila Delman Compass
Buyer's Agent
Michael Faiella
HomeSmart Professionals
List Price
$879,000
Sold Price
$778,000
Premium/Discount to List
-$101,000
-11.49%
Total Days on Market
60
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
$265,824
Avg. Annual Appreciation
8.29%
Original Mortgage
$583,500
Outstanding Balance
$535,979
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$507,845
Purchase Details
Listed on
May 3, 2018
Closed on
Jun 21, 2018
Sold by
Silverheels Llc
Bought by
Mark Marosits 2016 T
Seller's Agent
Colleen Weaver
Hogan Associates Christie's
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$529,000
Sold Price
$529,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$379,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 30, 1999
Sold by
Hodges Rother
Bought by
Withers Christopher and Withers Donnis
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hayes Christopher L | $778,000 | None Available | |
| Mark Marosits 2016 T | $529,000 | -- | |
| Withers Christopher | $165,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hayes Christopher L | $583,500 | |
| Previous Owner | Mark Marosits T | $130,000 | |
| Previous Owner | Maureen Cronin Marosits T | $275,000 | |
| Previous Owner | Mark Marosits 2016 T | $379,000 | |
| Previous Owner | Withers Christopher | $165,000 | |
| Previous Owner | Withers Christopher | $132,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/03/2021 09/03/21 | Sold | $778,000 | -11.5% | $208 / Sq Ft |
| 08/04/2021 08/04/21 | Pending | -- | -- | -- |
| 06/04/2021 06/04/21 | For Sale | $879,000 | +66.2% | $235 / Sq Ft |
| 06/21/2018 06/21/18 | Sold | $529,000 | 0.0% | $205 / Sq Ft |
| 05/22/2018 05/22/18 | Pending | -- | -- | -- |
| 05/03/2018 05/03/18 | For Sale | $529,000 | -- | $205 / 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 | $5,573 | $678,000 | $204,300 | $473,700 |
| 2023 | $4,454 | $449,000 | $144,400 | $304,600 |
| 2022 | $4,315 | $449,000 | $144,400 | $304,600 |
| 2021 | $4,189 | $449,000 | $144,400 | $304,600 |
| 2020 | $3,974 | $386,600 | $128,100 | $258,500 |
| 2019 | $3,974 | $386,600 | $128,100 | $258,500 |
| 2018 | $3,862 | $386,600 | $128,100 | $258,500 |
| 2017 | $3,934 | $350,900 | $98,400 | $252,500 |
| 2016 | $3,835 | $350,900 | $98,400 | $252,500 |
| 2015 | $3,744 | $350,900 | $98,400 | $252,500 |
| 2014 | $3,620 | $300,200 | $98,400 | $201,800 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Kirton
Seller's Agent in 2021
Eric Kirton
Compass / Lila Delman Compass
(401) 743-2744
7 in this area
104 Total Sales
-
Michael Faiella
M
Buyer's Agent in 2021
Michael Faiella
HomeSmart Professionals
(508) 367-9302
1 in this area
14 Total Sales
-
Colleen Weaver
Seller's Agent in 2018
Colleen Weaver
Hogan Associates Christie's
(401) 835-0075
15 Total Sales
-
Connor Dowd
Buyer's Agent in 2018
Connor Dowd
Keller Williams Coastal
(401) 864-4488
7 in this area
411 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1284467
APN: NEWP-000019-000011-000006
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