61 2nd St Newport, RI 02840
Estimated Value: $1,461,000 - $1,794,000
4
Beds
2.5
Baths
2,100
Sq Ft
$766/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Tennis Courts
- Colonial Architecture
- Wood Flooring
- 3-minute walk to Battery Park
About This Home
As of October 2022Located in the convenient Point neighborhood, 1 block to the harbor and a short walk into town, this home is move in ready. Completely refurbished, it is a wonderful blend of period detail and modern convenience. Offering 4 beds, 2.5 baths and designed to embrace the charm of coastal New England, this home was thoughtfully restored including hardwood floors throughout. The 1st level begins with the foyer which leads to the living room and dining room that abuts the gorgeously updated eat-in-kitchen that flows nicely out to the back deck and yard. There is also a convenient half bath. The 2nd level boasts 3 bedrooms and a full bathroom which was completely renovated and expanded w/ a deep Kohler tub and a double sink custom vanity, as well as a new laundry area. On the 3rd level, you will find an amazing and large primary suite w/ an incredible bathroom that includes a soaking tub and custom two headed shower. The custom bed and large walk in closet was built by a boat builder w/ storage in mind. The west facing front porch is a great spot to watch the world go by while the deck and backyard sitting area provide a nice private oasis. Mature landscaping and shed in the yard are easy to maintain. When the third floor was rebuilt, a new roof and a fresh coat of exterior paint and new shingles were installed. Updated utilities, including 3 zones of efficient heat and air conditioning. The large and high ceiling dry basement is ideal for storage. Flood insurance not required.
Last Agent to Sell the Property
Compass / Lila Delman Compass License #REB.0018697 Listed on: 07/20/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,991
Year Built
- Built in 1883
Lot Details
- 3,205 Sq Ft Lot
- Fenced
- Property is zoned R-10
Home Design
- Colonial Architecture
- Shingle Siding
Interior Spaces
- 2,100 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Unfinished Basement
- Partial Basement
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 1 Parking Space
- No Garage
Outdoor Features
- Walking Distance to Water
- Deck
- Outbuilding
- Porch
Location
- Property near a hospital
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Oil
- Heat Pump System
- Radiant Heating System
- 200+ Amp Service
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 216
- Assessor Parcel Number 61SECONDSTNEWP
Community Details
Overview
- The Point Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2022
Closed on
Oct 3, 2022
Sold by
Cashman Nicole A
Bought by
Petashnick Daniel E
Seller's Agent
Eric Kirton
Compass / Lila Delman Compass
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$1,650,000
Sold Price
$1,475,000
Premium/Discount to List
-$175,000
-10.61%
Views
82
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
$133,103
Avg. Annual Appreciation
2.48%
Original Mortgage
$1,180,000
Outstanding Balance
$1,124,194
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,115
Purchase Details
Listed on
Mar 27, 2015
Closed on
Oct 16, 2015
Sold by
Nystedt Charles M
Bought by
Cashman Nicole A
Seller's Agent
Sarah Kirwin Brady
Residential Properties Ltd.
Buyer's Agent
Karen LeBlanc
Coldwell Banker Realty
List Price
$575,000
Sold Price
$505,000
Premium/Discount to List
-$70,000
-12.17%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%
Similar Homes in Newport, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petashnick Daniel E | $1,475,000 | None Available | |
| Cashman Nicole A | $505,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Petashnick Daniel E | $1,180,000 | |
| Previous Owner | Nystedt Charles M | $91,489 | |
| Previous Owner | Nystedt Charles M | $110,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/03/2022 10/03/22 | Sold | $1,475,000 | -4.5% | $702 / Sq Ft |
| 10/03/2022 10/03/22 | Pending | -- | -- | -- |
| 08/09/2022 08/09/22 | Price Changed | $1,545,000 | -6.4% | $736 / Sq Ft |
| 07/20/2022 07/20/22 | For Sale | $1,650,000 | +226.7% | $786 / Sq Ft |
| 10/16/2015 10/16/15 | Sold | $505,000 | -12.2% | $237 / Sq Ft |
| 09/16/2015 09/16/15 | Pending | -- | -- | -- |
| 03/27/2015 03/27/15 | For Sale | $575,000 | -- | $270 / 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 | $8,978 | $1,092,200 | $447,700 | $644,500 |
| 2023 | $6,370 | $642,100 | $294,700 | $347,400 |
| 2022 | $6,171 | $642,100 | $294,700 | $347,400 |
| 2021 | $5,991 | $642,100 | $294,700 | $347,400 |
| 2020 | $5,655 | $550,100 | $281,100 | $269,000 |
| 2019 | $5,655 | $550,100 | $281,100 | $269,000 |
| 2018 | $5,495 | $550,100 | $281,100 | $269,000 |
| 2017 | $4,863 | $433,800 | $216,000 | $217,800 |
| 2016 | $4,741 | $433,800 | $216,000 | $217,800 |
| 2015 | $4,263 | $399,500 | $216,000 | $183,500 |
| 2014 | $4,285 | $355,300 | $168,900 | $186,400 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Kirton
Seller's Agent in 2022
Eric Kirton
Compass / Lila Delman Compass
(401) 743-2744
5 in this area
103 Total Sales
-
Alex Fraioli
Buyer's Agent in 2022
Alex Fraioli
Edge Realty RI
(401) 255-9109
23 in this area
145 Total Sales
-
Sarah Kirwin Brady
S
Seller's Agent in 2015
Sarah Kirwin Brady
Residential Properties Ltd.
(401) 338-9881
4 in this area
24 Total Sales
-
Libby Kirwin
Seller Co-Listing Agent in 2015
Libby Kirwin
Libby Kirwin Real Estate
(401) 864-5458
6 in this area
58 Total Sales
-
Karen LeBlanc
Buyer's Agent in 2015
Karen LeBlanc
Coldwell Banker Realty
(401) 533-4888
52 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1315653
APN: NEWP-000012-000000-000216
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