NOT LISTED FOR SALE

Estimated Value: $663,000 - $844,000

3 Beds
2 Baths
2,301 Sq Ft
$315/Sq Ft Est. Value

Last Sold August 24, 2020

Last sale price $415,000 $180 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,353/month

67 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Attic
  • Golf Course Community
  • Marble Flooring
  • 2-minute walk to Vernon Park

About This Home

As of August 2020

Move-in ready home with many new updates! This 3 bedroom 2 full bath home offers hardwoods through-out, a spacious first floor master bedroom with a fireplace, two bedrooms, a full bath on the second floor, beautiful built-ins and storage in the eaves. Nice clean basement with a partially finished room for extra storage. Updates include two new bathrooms, refinished hardwoods and stairs, freshly painted interior, all new GE kitchen appliances, new custom wooden front door and new storm door. Nice yard with some new landscaping, a nice sized fenced back yard and a 1 car garage. This home is located on the Newport/Middletown line. Walk to downtown Newport, beaches and Cliff Walk. Enjoy the park and tennis courts just a few steps away at Vernon Park. Minutes from the stores, Newport Bridge and the Newport Naval Base. Great as a primary residence or investment property. Air BnB nightly and weekly rentals allowed in this location.

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 05/18/2020

Last Buyer's Agent

Jim Manson

Hogan Associates Christie's License #RES.0016967

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,508

Year Built

  • Built in 1948

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Free Standing Fireplace
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 155
  • Assessor Parcel Number 34FREEBORNSTMDLT

Community Details

Overview

  • Vernon Park/Newport Line Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,508

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: Vernon Park/Newport Line
  • Above Grade Finished Sq Ft: 1533.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1948
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 768.0
  • Fireplace Features: Free Standing
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Marble, Other
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Living Area: 2301.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 34FREEBORNSTMDLT
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2508.0
  • Tax Lot: 155
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
Aug 21, 2020
Sold by
Decosta Kathleen
Bought by
Gilfeather Samuel S and Gilfeather Lauren L
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Jim Manson
Hogan Associates Christie's
List Price
$438,000
Sold Price
$415,000
Premium/Discount to List
-$23,000
-5.25%
Current Estimated Value
$723,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,861
Avg. Annual Appreciation
11.74%
Original Mortgage
$407,483
Outstanding Balance
$363,089
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$360,772

Purchase Details

Listed on
Sep 6, 2018
Closed on
Aug 8, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Decosta Kathleen
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$349,000
Sold Price
$323,000
Premium/Discount to List
-$26,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.55%
Original Mortgage
$351,019
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 6, 2018
Closed on
Aug 6, 2019
Sold by
Bank Of America Na
Bought by
Wilmington Svgs Fund Soc
Seller's Agent
Joy Riley
Westcott Properties
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$349,000
Sold Price
$323,000
Premium/Discount to List
-$26,000
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,019
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 15, 2007
Sold by
Osborne Kendall
Bought by
Brown Jeffrey and Brown Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
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
Gilfeather Samuel S $415,000 None Available
Decosta Kathleen $323,000 --
Wilmington Svgs Fund Soc -- --
Brown Jeffrey $299,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilfeather Samuel S $407,483
Previous Owner Decosta Kathleen $351,019
Previous Owner Brown Jeffrey $235,200
Previous Owner Brown Jeffrey $58,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $415,000 -5.3% $180 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $438,000 +35.6% $190 / Sq Ft
09/17/2019 09/17/19 Sold $323,000 -7.4% $211 / Sq Ft
08/18/2019 08/18/19 Pending -- -- --
09/06/2018 09/06/18 For Sale $349,000 -- $228 / 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 $5,279 $468,800 $254,700 $214,100
2023 $4,264 $338,700 $164,300 $174,400
2022 $4,071 $338,700 $164,300 $174,400
2021 $4,071 $338,700 $164,300 $174,400
2020 $3,455 $251,100 $121,500 $129,600
2018 $3,453 $251,100 $121,500 $129,600
2016 $3,442 $223,200 $100,300 $122,900
2015 $3,357 $223,200 $100,300 $122,900
2014 $3,421 $212,900 $91,100 $121,800
2013 $3,345 $212,900 $91,100 $121,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1254005

State-Wide MLS

APN: MIDD-000108-S000000W-000155