NOT LISTED FOR SALE

6 Kay Terrace Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $1,242,000 - $1,591,300

4 Beds
3 Baths
2,626 Sq Ft
$549/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $590,000 $225 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $8,296/month

7 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Wood Flooring
  • Golf Course Community
  • Deck
  • Attic

About This Home

As of August 2018

Classic Victorian four square design tucked away in the desirable Kay Catherine neighborhood on a cul-de-sac. Enjoy the privacy of the street while still being within walking distance to downtown Newport. Close to beaches, Cliff Walk and the navy base. Original detail throughout including beautiful hard wood floors, a formal dining room, wood burning fireplace and an open floor plan. Relax on the front porch or brick patio and deck overlooking the garden. Updated electrical, slate roof, and low maintenance stucco over brick siding. Room for expansion with walk up stair case to the 3rd floor. Perfect summer home or year round living!

Last Agent to Sell the Property

The Luxury Group

HomeSmart Professionals Listed on: 07/17/2018

Last Buyer's Agent

Wanda Vanier

Residential Properties, Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 1912

Lot Details

  • 2,813 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 2-Story Property
  • Marble Fireplace
  • Storage Room
  • Wood Flooring
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 74
  • Assessor Parcel Number 6KAYTERNEWP

Community Details

Overview

  • Kay Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,761

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0646
  • Subdivision Name: Kay-Catherine
  • Above Grade Finished Sq Ft: 1793.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1912
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 833.0
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 2626.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Brick, Masonry
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, 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: 2813.0
  • Parcel #: 6KAYTERNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6761.0
  • Tax Lot: 74
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2018
Closed on
Aug 24, 2018
Sold by
6 Kay Terrace Llc
Bought by
Guertler Diane and Valentine Mark P
Seller's Agent
The Luxury Group
HomeSmart Professionals
Buyer's Agent
Wanda Vanier
Residential Properties, Ltd.
List Price
$649,000
Sold Price
$590,000
Premium/Discount to List
-$59,000
-9.09%
Current Estimated Value
$1,442,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$852,075
Avg. Annual Appreciation
13.02%
Original Mortgage
$472,000
Outstanding Balance
$409,913
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,032,162

Purchase Details

Closed on
Sep 4, 2001
Sold by
Fagan Peter S and Fagan Rosemary
Bought by
Fagan Keith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.06%
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
Guertler Diane $590,000 --
Fagan Keith L $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guertler Diane $472,000
Previous Owner Fagan Keith L $250,000
Previous Owner Fagan Keith L $228,500
Previous Owner Fagan Keith L $240,000
Previous Owner Fagan Keith L $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $590,000 -9.1% $225 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $649,000 -- $247 / 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 $8,796 $1,225,100 $507,700 $717,400
2024 $8,539 $1,225,100 $507,700 $717,400
2023 $7,531 $759,200 $289,400 $469,800
2022 $7,296 $759,200 $289,400 $469,800
2021 $7,083 $759,200 $289,400 $469,800
2020 $6,200 $603,100 $279,900 $323,200
2019 $6,200 $603,100 $279,900 $323,200
2018 $6,025 $603,100 $279,900 $323,200
2017 $5,900 $526,300 $215,200 $311,100
2016 $5,752 $526,300 $215,200 $311,100
2015 $5,616 $526,300 $215,200 $311,100
2014 $5,650 $468,500 $164,300 $304,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    The Luxury Group

    HomeSmart Professionals

  • W

    Buyer's Agent in 2018

    Wanda Vanier

    Residential Properties, Ltd.

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Map

Source: State-Wide MLS

MLS Number: 1198208

State-Wide MLS

APN: NEWP-000022-000000-000074

Rhode Island Newport County Newport 02840 Kay-Catherine

6 Kay Terrace, Newport, RI

Not Listed for Sale

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