28 Kay St Unit 5 Newport, RI 02840
Kay-Catherine NeighborhoodEstimated Value: $877,000 - $1,105,000
2
Beds
2
Baths
1,555
Sq Ft
$445/mo
HOA Fee
Highlights
- Deck
- Tennis Courts
- 1 Car Detached Garage
- Wood Flooring
- Walking Distance to Water
- Skylights
About This Home
As of November 2020Prime 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
Gustave White Sotheby's Realty License #REB.0019243 Listed on: 08/26/2020
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
- 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
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%
Total Days on Market
54
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
$386,966
Avg. Annual Appreciation
11.45%
Original Mortgage
$457,500
Outstanding Balance
$415,382
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$583,665
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
Similar Homes in Newport, RI
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
Home Values in the Area
Average Home Value in this Area
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
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 | $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
3 in this area
52 Total Sales
-
Alexandra Thursby
Buyer's Agent in 2020
Alexandra Thursby
Mott & Chace Sotheby's Intl.
(401) 266-9900
2 in this area
57 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1262789
APN: NEWP-000021-000091-000005
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