NOT LISTED FOR SALE

36 2nd St Newport, RI 02840

Estimated Value: $1,166,000 - $1,284,000

3 Beds
2 Baths
1,300 Sq Ft
$939/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $545,000 $419 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $7,179/month

Highlights

  • Marina
  • Furnished
  • Tennis Courts
  • Wood Flooring
  • No HOA
  • 3-minute walk to Storer Park

About This Home

As of May 2019

FURNISHED WINTER RENTAL AVAILABLE SEPT 2019- MAY 2020: This stunning home has just been totally renovated! The first floor features an open flow living-dining-kitchen space- complete with charming wood floors, shiplap walls, recessed lighting, wet bar, and more! Also on the first floor is a nautical full bath. Upstairs are three bedrooms with a sleek full bath. Enjoy walking to all things downtown, or enjoy grilling outside on your new patio. Off street parking and in-unit laundry. This home has it all!

Last Agent to Rent the Property

Rebecca King

Gustave White Sotheby's Realty License #RES.0035659 Listed on: 03/12/2019

Gustave White Sotheby's Realty

Last Renter's Agent

Diana Murcia

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1882

Lot Details

  • 2,047

Home Design

  • Cottage
  • Entry on the 1st floor
  • Clapboard

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Skylights
  • Stone Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 9/1/19
  • Month-to-Month Lease Term
  • Assessor Parcel Number 36SECONDSTNEWP

Community Details

Overview

  • No Home Owners Association
  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1882

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2019-09-01
  • Security Deposit: 3000.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Cabin/Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1882
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Private Entry
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Furnished
  • Living Area: 1300.0
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Common Area Maintenance, Electricity, Gas, Gardener, Heat, Hot Water, Internet, Laundry Facilities, Parking, Sewer, Trash Collection, Cable TV, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 36SECONDSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 13, 2017
Sold by
Reynolds Nicholas E and Reynolds Rebecca G
Bought by
Trethewey Ross and Trethewey Christina
Seller's Agent
Kara Malkovich
Lila Delman Compass
Buyer's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
List Price
$545,000
Sold Price
$545,000
Current Estimated Value
$1,220,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,997
Avg. Annual Appreciation
9.76%
Original Mortgage
$408,750
Outstanding Balance
$339,112
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$881,885

Purchase Details

Closed on
Jul 2, 2007
Sold by
Shaw Richard and Shaw Sheri-Lee
Bought by
Reynolds Nicholas E and Reynolds Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1993
Sold by
Coughlan Neil P and Coughlan Phillipa
Bought by
Shaw Richard L and Shaw Sheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,900
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Trethewey Ross $545,000 --
Reynolds Nicholas E $525,000 --
Shaw Richard L $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trethewey Ross $408,750
Previous Owner Shaw Richard L $109,000
Previous Owner Shaw Richard L $267,500
Previous Owner Shaw Richard L $420,000
Previous Owner Shaw Richard L $102,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2019 05/23/19 Rented $3,500 +16.7% --
04/23/2019 04/23/19 Under Contract -- -- --
03/12/2019 03/12/19 For Rent $3,000 0.0% --
04/12/2017 04/12/17 Sold $545,000 0.0% $419 / Sq Ft View Prior Sale
03/13/2017 03/13/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $545,000 -- $419 / 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 $9,081 $1,045,100 $421,600 $623,500
2024 $8,591 $1,045,100 $421,600 $623,500
2023 $6,834 $688,900 $277,500 $411,400
2022 $6,620 $688,900 $277,500 $411,400
2021 $6,427 $688,900 $277,500 $411,400
2020 $5,575 $542,300 $277,600 $264,700
2019 $5,575 $542,300 $277,600 $264,700
2018 $5,418 $542,300 $277,600 $264,700
2017 $5,145 $459,000 $213,500 $245,500
2016 $5,017 $459,000 $213,500 $245,500
2015 $4,898 $459,000 $213,500 $245,500
2014 $4,816 $399,300 $166,900 $232,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1217106

State-Wide MLS

APN: NEWP-000012-000000-000280