NOT LISTED FOR SALE

28 Kay St Unit 5 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $874,000 - $1,173,000

2 Beds
2 Baths
1,555 Sq Ft
$445/mo HOA Fee

Last Sold November 19, 2020

Last sale price $610,000 $392 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $6,415/month

54 Days on Market

Highlights

  • Deck
  • Tennis Courts
  • 1 Car Detached Garage
  • Wood Flooring
  • Walking Distance to Water
  • Skylights

About This Home

As of November 2020

Prime location just off Bellevue Avenue, this is a wonderful opportunity to own a residence in this coveted neighborhood. The John Irish House, is a historical and much admired building on Kay Street. The best of Newport at your doorstep, including the celebrated waterfront and Broadway's "restaurant row". A well known and coveted Italianate, circa 1855 property, with a desirable in town location. #5, is a one level unit that encompasses the entire second floor. The current owners have meticulously maintained and renovated the 1,555 sq ft space over the years. A large living room/dining area has custom built in shelving and an abundance of light. There are 3 decorative fireplaces, an eat in kitchen with quartz counter tops, and a full bath off the hallway that services the 2nd bedroom, currently used as a Den. The main bedroom has a dressing area, as well as a stackable washer/dryer and en-suite bathroom. Sweet outdoor space off the main bedroom is the perfect spot for morning coffee or an evening aperitif. This property has a large common grounds for the residents to enjoy. The condominium also benefits from a private garage space, as well as assigned parking. Ample parking for owner and guests, designated storage, and a well managed and strong association. Enjoy the ease and convenience of condo living, in this stately and well located home.

Last Agent to Sell the Property

Kimberly Fleming

Gustave White Sotheby's Realty License #REB.0019243 Listed on: 08/26/2020

Gustave White Sotheby's Realty

Last Buyer's Agent

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,518

Year Built

  • Built in 1855

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,555 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 091/5
  • Assessor Parcel Number 28KAYST5NEWP

Community Details

Overview

  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,518

Year Built

Built in 1855

Lot Details

0

HOA Fees

$445 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 1555.0
  • Building Name: John Irish House
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1855
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: Second Floor Access
  • Fireplace Features: Tile
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Cable TV
  • Living Area: 1555.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 445.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 28KAYST5NEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4518.0
  • Tax Lot: 091/5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Nov 7, 2020
Sold by
Shuster Jeffrey M and Shuster Nancy E
Bought by
Drake Bradley C and Baetzhold-Drake Barbara
Seller's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
Buyer's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
List Price
$629,500
Sold Price
$610,000
Premium/Discount to List
-$19,500
-3.1%
Current Estimated Value
$1,026,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,444
Avg. Annual Appreciation
11.38%
Original Mortgage
$457,500
Outstanding Balance
$407,110
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$619,334

Purchase Details

Closed on
Oct 6, 2004
Sold by
Vangel Joanne
Bought by
Shuster Jeffrey and Shuster Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1999
Sold by
Schneider John W and Andon Marilyn
Bought by
Vangel Joanne
Source: Public Records

Range of Values:

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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
Drake Bradley C $610,000 None Available
Shuster Jeffrey $460,000 --
Vangel Joanne $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drake Bradley C $457,500
Previous Owner Vangel Joanne $331,500
Previous Owner Vangel Joanne $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2020 11/19/20 Sold $610,000 -3.1% $392 / Sq Ft
10/20/2020 10/20/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $629,500 -- $405 / 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 $6,599 $919,100 $0 $919,100
2024 $7,266 $884,000 $0 $884,000
2023 $5,693 $573,900 $0 $573,900
2022 $5,515 $573,900 $0 $573,900
2021 $5,317 $569,900 $0 $569,900
2020 $4,518 $439,500 $0 $439,500
2019 $4,518 $439,500 $0 $439,500
2018 $4,391 $439,500 $0 $439,500
2017 $4,927 $439,500 $0 $439,500
2016 $4,804 $439,500 $0 $439,500
2015 $4,689 $439,500 $0 $439,500
2014 $4,608 $382,100 $0 $382,100
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Fleming

    Seller's Agent in 2020

    Kimberly Fleming

    Gustave White Sotheby's Realty

    (401) 935-9075

    2 in this area

    49 Total Sales

    Kimberly Fleming
    Section Image
  • Alexandra Thursby

    Buyer's Agent in 2020

    Alexandra Thursby

    Mott & Chace Sotheby's Intl.

    (401) 266-9900

    2 in this area

    54 Total Sales

    Alexandra Thursby
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1262789

State-Wide MLS

APN: NEWP-000021-000091-000005

Rhode Island Newport County Newport 02840 Kay-Catherine

28 Kay St Unit 5, Newport, RI

This home is located at 28 Kay St Unit 5, Newport, RI 02840 since 26 August 2020 and is currently estimated at $1,026,444, approximately $660 per square foot. This property was built in 1855. 28 Kay St Unit 5 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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