NOT LISTED FOR SALE

28 Calvert St Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $997,000 - $1,211,000

5 Beds
3 Baths
3,738 Sq Ft
$295/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2021

Last sale price $778,000 $208 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,328 / mo

60 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Porch
  • Golf Course Community
  • Tennis Courts
  • 2-minute walk to Congdon Parks

About This Home

As of September 2021

Incredible 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

Last Agent to Sell the Property

Eric Kirton

Lila Delman Compass License #REB.0018697 Listed on: 06/04/2021

Last Buyer's Agent

Michael Faiella

REMAX Revolution License #RES.0040235

REMAX Revolution

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,615

Year Built

Built in 1900

Lot Details

3,447 Sq Ft Lot

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0791
  • Subdivision Name: Broadway/Kay Street
  • Above Grade Finished Sq Ft: 3738.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater, Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Laundry
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Porch
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3447.0
  • Parcel #: 28CALVERTSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4615.0
  • Tax Lot: 6
  • Tax Year: 2021

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
Lila Delman Compass
Buyer's Agent
Michael Faiella
REMAX Revolution
List Price
$879,000
Sold Price
$778,000
Premium/Discount to List
-$101,000
-11.49%
Current Estimated Value
$1,100,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,998
Avg. Annual Appreciation
7.81%
Original Mortgage
$583,500
Outstanding Balance
$530,149
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$570,849

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
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
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 2016 T $379,000
Previous Owner Withers Christopher $165,000
Previous Owner Withers Christopher $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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

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 $5,891 $678,000 $204,300 $473,700
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

    Lila Delman Compass

    (401) 743-2744

    6 in this area

    85 Total Sales

    Eric Kirton
    Section Image

  • M

    Buyer's Agent in 2021

    Michael Faiella

    REMAX Revolution

    (401) 821-0023

    1 in this area

    12 Total Sales

    Michael Faiella
    Section Image
  • Colleen Weaver

    Seller's Agent in 2018

    Colleen Weaver

    Hogan Associates Christie's

    (401) 835-0075

    11 Total Sales

    Colleen Weaver
    Section Image
  • Connor Dowd

    Buyer's Agent in 2018

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    7 in this area

    373 Total Sales

    Connor Dowd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1284467

State-Wide MLS

APN: NEWP-000019-000011-000006

Rhode Island Newport County Newport 02840 Kay-Catherine

28 Calvert St, Newport, RI

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