NOT LISTED FOR SALE

63 2nd St Newport, RI 02840

Estimated Value: $1,288,785 - $1,370,000

3 Beds
3.5 Baths
1,437 Sq Ft
$916/Sq Ft Est. Value

Last Sold March 19, 2020

Last sale price $750,000 $522 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,053/month

11 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Guest House
  • Deck
  • 3-minute walk to Battery Park

About This Home

As of March 2020

Rare opportunity on the Point to own an updated two bedroom, two and a half bathroom Victorian home with an additional one bedroom, one bathroom cottage, AND off-street parking. Rhode Island Magazine named Second Street the number one street on which to live on Aquidneck Island! Walk to the harbor one block away or stroll downtown from this beautiful home. A two-story master bedroom with walk-in closet and ensuite bathroom also includes a spacious third-floor loft area and a large outdoor deck. A second bedroom with its own bathroom completes the second floor. Both upstairs bathrooms offer radiant heating. This home has a beautiful, professionally landscaped, private yard with tiered Brazilian walnut decks and a shared driveway with off-street parking for two cars. Additionally, there is a mahogany front porch for afternoon sun. Hardwood floors throughout this home and expansion possibilities. No flood insurance required. This turnkey home suits the summer home buyer, year-round dweller or savvy investor. A must-see property!

Last Agent to Sell the Property

Kirsten McAleer

Hogan Associates Christie's License #REB.0015366 Listed on: 02/06/2020

Last Buyer's Agent

Karen LeBlanc

Coldwell Banker Realty License #RES.0033480

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,644

Year Built

  • Built in 1900

Lot Details

  • 3,205 Sq Ft Lot
  • Property is zoned R10

Home Design

  • Victorian Architecture
  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,437 Sq Ft Home
  • 3-Story Property
  • Skylights

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 50
  • Assessor Parcel Number 63SECONDSTNEWP

Community Details

Overview

  • Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,644

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0736
  • Subdivision Name: Point
  • Above Grade Finished Sq Ft: 1437.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Cable TV
  • Living Area: 1437.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Stone
  • Other Structures: Guest House
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

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

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3205.0
  • Parcel #: 63SECONDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5644.0
  • Tax Lot: 50
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Mar 19, 2020
Sold by
Mcaleer Hugh J and Mcaleer Patricia S
Bought by
Henry James M and Mace Shannon M
Seller's Agent
Kirsten McAleer
Hogan Associates Christie's
Buyer's Agent
Karen LeBlanc
Coldwell Banker Realty
List Price
$775,000
Sold Price
$750,000
Premium/Discount to List
-$25,000
-3.23%
Current Estimated Value
$1,316,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,946
Avg. Annual Appreciation
10.87%
Original Mortgage
$600,000
Outstanding Balance
$537,253
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$753,257

Purchase Details

Closed on
May 5, 2004
Sold by
Smith Edward and Smith Rebecca
Bought by
Mcaleer Hugh and Mcaleer Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1998
Sold by
Dechristopher Tobey
Bought by
Smith Edward J and Young Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 1989
Sold by
Evans Diane G
Bought by
Dechristopher Tobey
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
Henry James M $750,000 None Available
Mcaleer Hugh $550,000 --
Smith Edward J $285,000 --
Dechristopher Tobey $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry James M $600,000
Previous Owner Dechristopher Tobey $400,000
Previous Owner Dechristopher Tobey $440,000
Previous Owner Dechristopher Tobey $225,000
Closed Dechristopher Tobey $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2020 03/19/20 Sold $750,000 -3.2% $522 / Sq Ft
02/18/2020 02/18/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $775,000 -- $539 / 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 $8,600 $1,046,200 $447,700 $598,500
2023 $6,890 $694,600 $294,700 $399,900
2022 $6,675 $694,600 $294,700 $399,900
2021 $6,481 $694,600 $294,700 $399,900
2020 $5,645 $549,100 $281,100 $268,000
2019 $5,645 $549,100 $281,100 $268,000
2018 $5,486 $549,100 $281,100 $268,000
2017 $5,184 $462,400 $216,000 $246,400
2016 $5,054 $462,400 $216,000 $246,400
2015 $4,934 $462,400 $216,000 $246,400
2014 $4,929 $408,700 $168,900 $239,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kirsten McAleer

    Hogan Associates Christie's

    (401) 749-6492

    3 Total Sales

    Section Image
  • Karen LeBlanc

    Buyer's Agent in 2020

    Karen LeBlanc

    Coldwell Banker Realty

    (401) 533-4888

    52 Total Sales

    Karen LeBlanc
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1246744

State-Wide MLS

APN: NEWP-000012-000000-000050

Rhode Island Newport County Newport 02840

63 2nd St, Newport, RI

This home is located at 63 2nd St, Newport, RI 02840 since 06 February 2020 and is currently estimated at $1,316,946, approximately $916 per square foot. This property was built in 1900. 63 2nd St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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