NOT LISTED FOR SALE

6 Katzman Place Newport, RI 02840

Estimated Value: $798,000 - $985,000

3 Beds
1 Bath
960 Sq Ft
$911/Sq Ft Est. Value

Last Sold December 20, 2022

Last sale price $650,000 $677 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,954/month

17 Days on Market

Highlights

  • Marina
  • Deck
  • Cottage
  • Golf Course Community
  • Tennis Courts
  • 5-minute walk to Battery Park

About This Home

As of December 2022

Welcome to charming Katzman Place on the Point and this three bedroom cottage ready for your renovations. A perfect location walkable into town, blocks from the harbor and perched above the new Aquidneck Island bike path. Plenty of options to expand and make your own. Being sold as-is. Please see MLS#1326147 for option to buy with abutting vacant lot.

Last Agent to Sell the Property

Caroline Richards

Hogan Associates Christie's License #RES.0035858 Listed on: 12/02/2022

Last Buyer's Agent

Michelle Gilman

William Raveis Inspire License #RES.0026182

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,000

Year Built

  • Built in 1973

Lot Details

  • 5,277 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Cottage
  • Combination Foundation
  • Clapboard

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

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
  • Deck

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Tankless Water Heater

Listing and Financial Details

  • Tax Lot 271
  • Assessor Parcel Number 6KATZMANPLNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,000

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1211
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 960.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 960.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard
  • Exterior Features: Deck
  • Foundation Details: Combination
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5277.0
  • Parcel #: 6KATZMANPLNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5000.0
  • Tax Lot: 271
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2022
Closed on
Dec 20, 2022
Sold by
Gainey Mary B
Bought by
Shawn Burns Ret
Seller's Agent
Caroline Richards
Hogan Associates Christie's
Buyer's Agent
Michelle Gilman
William Raveis Inspire
List Price
$595,000
Sold Price
$650,000
Premium/Discount to List
$55,000
9.24%
Current Estimated Value
$813,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,871
Avg. Annual Appreciation
10.14%

Purchase Details

Closed on
Dec 19, 1980
Bought by
Gainey Mary B
Source: Public Records

Range of Values:

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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
Shawn Burns Ret $650,000 None Available
Gainey Mary B -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2022 12/20/22 Sold $650,000 +9.2% $677 / Sq Ft
12/02/2022 12/02/22 For Sale $595,000 -- $620 / 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 $5,502 $669,300 $496,000 $173,300
2023 $4,111 $414,400 $310,200 $104,200
2022 $3,982 $414,400 $310,200 $104,200
2021 $3,866 $414,400 $310,200 $104,200
2020 $4,186 $407,200 $275,600 $131,600
2019 $4,186 $407,200 $275,600 $131,600
2018 $4,068 $407,200 $275,600 $131,600
2017 $3,782 $337,400 $223,200 $114,200
2016 $3,688 $337,400 $223,200 $114,200
2015 $3,600 $337,400 $223,200 $114,200
2014 $3,655 $303,100 $174,500 $128,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1326144

State-Wide MLS

APN: NEWP-000012-000000-000271