31 Cranston Ave Unit 1 Newport, RI 02840
Kay-Catherine Neighborhood
3
Beds
3
Baths
2,423
Sq Ft
$417/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Bathtub with Shower
- Golf Course Community
- Tennis Courts
- 3-minute walk to Congdon Parks
About This Home
As of May 2022Extraordinary designer quality 3 bed, 3 full bath condominium is located just off Kay Street and a short walk to Broadway. Formerly the stable house for Hawkhurst Manor the building is loaded with charm and with a recent renovation the unit is both sophisticated and great for entertaining. As you enter the property the large entry hall flows directly into an open living and dining room with a working fireplace, they are adjacent to the modern and stylish kitchen and family room. The kitchen is exceptional with a huge marble island and counters, high end appliances and a commercial oven and stove. Offering almost 2500 sq ft the unit is large enough for gatherings while offering wonderful spaces for a private getaway. The bedrooms are private and spacious with ample closet space, built in cabinets and the master suite boats a wonderfully tiled over sized shower and a marble double sink vanity. The 800 sq ft loft with a private entrance and separate bath is a perfect space for an art studio or private guest quarters . A private balcony and a large back yard offer great outdoor space and updated utilities complete the package.
Last Agent to Sell the Property
Lila Delman Compass License #REB.0018697 Listed on: 01/08/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,881
Year Built
- Built in 1881
HOA Fees
- $417 Monthly HOA Fees
Home Design
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,423 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Laundry in unit
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 19
- Assessor Parcel Number 31CRANSTONAV1NEWP
Community Details
Overview
- 6 Units
- Kay St/ Broadway Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Call for details about the types of pets allowed
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
$505,499
Avg. Annual Appreciation
10.70%
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: 1244253
APN: NEWP-000019-000151-000001
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