$505,000
SOLD OCT 16, 2015

61 2nd St Newport, RI 02840

4 Beds
1 Bath
2,132 Sq Ft
3,205 Sq Ft Lot

Recently Sold

$237 Per Sq Ft

12% Below List Price

172 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Colonial Architecture
  • 2 Fireplaces
  • 3-minute walk to Battery Park

About This Home

As of October 2022

Seconds to the water! Perfectly priced, perfectly appointed! Ready for immediate occupancy so you can enjoy all Newport has to offer this summer! This stunner has a fresh coat of paint, stylish lighting,and gleaming hardwoods throughout.

Last Agent to Sell the Property

Sarah Kirwin Brady

Residential Properties Ltd. License #RES.0040313 Listed on: 03/27/2015

Residential Properties Ltd.

Co-Listed By

Libby Kirwin

Libby Kirwin Real Estate License #REB.0017170

Last Buyer's Agent

Karen LeBlanc

Coldwell Banker Realty License #RES.0033480

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,285

Year Built

  • Built in 1890

Lot Details

  • 3,205 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 2,132 Sq Ft Home
  • 2-Story Property
  • Skylights
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 216
  • Assessor Parcel Number 61SECONDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,285

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0736
  • Co List Office Mls Id: LKRE
  • Co List Office Phone: 401-619-5622
  • Subdivision Name: THE POINT
  • Above Grade Finished Sq Ft: 2132.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater, Tankless Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Other
  • Interior Amenities: Skylights
  • Living Area: 2132.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3205.0
  • Parcel #: 61SECONDSTNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4285.0
  • Tax Lot: 216
  • Tax Year: 2014

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
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
$1,592,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,517
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,180,000
Outstanding Balance
$1,124,194
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$483,909

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%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $1,475,000 None Available
Warranty Deed $505,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,180,000 Purchase Money Mortgage
Previous Owner $91,489 No Value Available
Previous Owner $110,000 No Value Available
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

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 $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

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Map

Source: State-Wide MLS

MLS Number: 1090937

State-Wide MLS

APN: NEWP-000012-000000-000216