31 Cranston Ave Unit 1 Newport, RI 02840
Kay-Catherine Neighborhood
3
Beds
3
Baths
2,423
Sq Ft
$459/mo
HOA Fee
Highlights
- Marble Flooring
- Tennis Courts
- Walking Distance to Water
- Attic
- Balcony
- 3-minute walk to Congdon Parks
About This Home
As of May 2022Stunning story book condo awaits the next lucky owner! This elegant condo lives like a single family home, with surprising space and unique options for living and entertaining. Glass doors at the top of the grand entry staircase lead to an inviting landing, with study, perfect for working from home, and separated for privacy. Continue into the large living area with open concept dining. Spend cozy winter evenings in front of the wood burning fireplace, or step onto the private balcony complete with archway on warm summer days to soak in a Newport summer. The kitchen is a chef's dream with a commercial gas range, brand new Bosch refrigerator, gorgeous countertops, and ample storage. Guests can mingle in the seating area incorporated into the kitchen. Double glass doors lead to the bedrooms, where you'll find the master suite tucked at the end of the hall. A separate hallway leads to the bonus loft space, with 800 sq ft of entertaining space. Complete with a kitchenette and its own bathroom, the possibilities are endless. This condo is bursting with character and charm, unlike anything else you'll find in Newport. Perched at the corner of Kay Street, the walkability factor is a 10! Schedule your own private tour of this special property before it's too late.
Last Agent to Sell the Property
Hogan Associates Christie's License #RES.0040116 Listed on: 11/17/2020
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,051
Year Built
- Built in 1881
HOA Fees
- $459 Monthly HOA Fees
Home Design
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,423 Sq Ft Home
- 1-Story Property
- Wet Bar
- Fireplace Features Masonry
- Attic Fan
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Home Security
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Assigned Parking
Outdoor Features
- Walking Distance to Water
- Balcony
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Radiant Heating System
- Heating System Uses Steam
- Electric Water Heater
Listing and Financial Details
- Tax Lot 151
- Assessor Parcel Number 31CRANSTONAV1NEWP
Community Details
Overview
- 6 Units
- Kay/Broadway Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Pet Policy
- No Pets Allowed
Security
- Storm Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2022
Closed on
May 19, 2022
Sold by
Tomaso Valerie and Tomaso Mark
Bought by
Biernack-Smith Anne M and Smith Kenneth
Seller's Agent
Ben Willett
RE/MAX Results
Buyer's Agent
Dawn McCauley
List Price
$949,000
Sold Price
$960,000
Premium/Discount to List
$11,000
1.16%
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
$399,435
Avg. Annual Appreciation
10.66%
Original Mortgage
$816,000
Outstanding Balance
$781,768
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$548,477
Purchase Details
Listed on
Nov 17, 2020
Closed on
Nov 30, 2020
Sold by
Danis Sharon
Bought by
Tomaso Valerie and Tomaso Mark
Seller's Agent
Tammy Bass
Hogan Associates Christie's
Buyer's Agent
Kelly Powers
Hogan Associates Christie's
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.36%
Original Mortgage
$700,000
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jan 8, 2020
Closed on
Mar 12, 2020
Sold by
Gibbs Cathryn A
Bought by
Danis Sharon
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Tammy Bass
Hogan Associates Christie's
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.54%
Purchase Details
Closed on
Sep 15, 2010
Sold by
Merola Richard and Volino Stephanie
Bought by
Gibbs Cathryn A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
4.51%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $960,000 | None Available | |
| Warranty Deed | $780,000 | None Available | |
| Warranty Deed | $675,000 | None Available | |
| Deed | $379,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $816,000 | Purchase Money Mortgage | |
| Previous Owner | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $288,450 | No Value Available | |
| Previous Owner | $303,200 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2022 05/19/22 | Sold | $960,000 | +1.2% | $292 / Sq Ft |
| 02/15/2022 02/15/22 | For Sale | $949,000 | +21.7% | $289 / Sq Ft |
| 01/04/2021 01/04/21 | Sold | $780,000 | -2.4% | $322 / Sq Ft |
| 12/05/2020 12/05/20 | Pending | -- | -- | -- |
| 11/17/2020 11/17/20 | For Sale | $799,000 | +18.4% | $330 / Sq Ft |
| 03/13/2020 03/13/20 | Sold | $675,000 | -2.9% | $279 / Sq Ft |
| 02/12/2020 02/12/20 | Pending | -- | -- | -- |
| 01/08/2020 01/08/20 | For Sale | $695,000 | -- | $287 / 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 | $8,057 | $980,200 | $0 | $980,200 |
| 2023 | $7,324 | $738,300 | $0 | $738,300 |
| 2022 | $7,095 | $738,300 | $0 | $738,300 |
| 2021 | $6,888 | $738,300 | $0 | $738,300 |
| 2020 | $6,052 | $588,700 | $0 | $588,700 |
| 2019 | $6,052 | $588,700 | $0 | $588,700 |
| 2018 | $5,881 | $588,700 | $0 | $588,700 |
| 2017 | $5,720 | $510,300 | $0 | $510,300 |
| 2016 | $5,578 | $510,300 | $0 | $510,300 |
| 2015 | $5,445 | $510,300 | $0 | $510,300 |
| 2014 | $6,149 | $509,900 | $0 | $509,900 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Ben Willett
RE/MAX Results
(401) 835-8810
7 in this area
131 Total Sales
-
D
Buyer's Agent in 2022
Dawn McCauley
-
Seller's Agent in 2021
Tammy Bass
Hogan Associates Christie's
(401) 430-0856
5 in this area
217 Total Sales
-
K
Buyer's Agent in 2021
Kelly Powers
Hogan Associates Christie's
(413) 896-9416
1 in this area
10 Total Sales
-
Seller's Agent in 2020
Eric Kirton
Lila Delman Compass
(401) 743-2744
7 in this area
96 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1270202
APN: NEWP-000019-000151-000001
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