$529,000
SOLD JUN 21, 2018
5 Beds
3 Baths
2,580 Sq Ft
3,484 Sq Ft Lot

Recently Sold

$205 Per Sq Ft

18 Days on Market

Highlights

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

About This Home

As of September 2021

3 FAMILY WITH SOLID RENTAL HISTORY, WALKING DISTANCE TO BELLEVUE AVENUE, DOWNTOWN NEWPORT, HARBOR AND BROADWAY. LOCATED ON A QUIET SIDE STREET. ALL UNITS HAVE NICE HARDWOOD FLOORS, PERIOD DETAILS, SEPARATE ELECTRIC AND GAS HEATING SYSTEMS. ROOM TO ADD MORE OFF STREET PARKING AND CUTE BACK YARD.

Last Agent to Sell the Property

Colleen Weaver

Hogan Associates Christie's License #REB.0018311 Listed on: 05/03/2018

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1900

Home Design

  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,580 Sq Ft Home
  • 3-Story Property
  • Skylights

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
  • Water Heater

Additional Features

  • Porch
  • 3,484 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 6
  • Assessor Parcel Number 28CALVERTSTNEWP

Community Details

Overview

  • 4 Units
  • Broadway/ Kay Street Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,334

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Subdivision Name: BROADWAY/ KAY STREET
  • Above Grade Finished Sq Ft: 2580.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Common Water Heater
  • Owner Pays: Hot Water
  • 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: Skylights, Tub Shower
  • Stories: 3
  • Window Features: Skylight(s)
  • 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, Circuit Breakers
  • 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

  • Current Use: Multi-Family
  • Land Lease: No
  • Lot Size Sq Ft: 3484.0
  • Parcel #: 28CALVERTSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 2400.0

Tax Info

  • Tax Annual Amount: 4334.0
  • Tax Lot: 6
  • Tax Year: 2017

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
HomeSmart Professionals
List Price
$879,000
Sold Price
$778,000
Premium/Discount to List
-$101,000
-11.49%
Current Estimated Value
$1,066,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,845
Avg. Annual Appreciation
8.34%
Original Mortgage
$583,500
Outstanding Balance
$535,979
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$530,866

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:

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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 Type Sale Price Title Company
Deed $778,000 None Available
Warranty Deed $529,000 --
Warranty Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $583,500 Purchase Money Mortgage
Previous Owner $130,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $275,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $379,000 New Conventional
Previous Owner $165,000 No Value Available
Previous Owner $132,000 Purchase Money Mortgage
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

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 $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

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Map

Source: State-Wide MLS

MLS Number: 1188411

State-Wide MLS

APN: NEWP-000019-000011-000006