NOT LISTED FOR SALE

63 Friendship St Unit 2 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $456,000 - $666,000

3 Beds
1 Bath
998 Sq Ft
$553/Sq Ft Est. Value

Last Sold October 10, 2013

Last sale price $187,000 $187 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $3,381/month

34 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Thermal Windows
  • Golf Course Community
  • Walking Distance to Water
  • Laundry Room

About This Home

As of October 2013

Bright and cheery 3 bedroom townhouse condominium. Freshly painted with new flooring and new kitchen. 2 off-street parking. Gas heat and gas hot water, insulated windows. Convenient location to much of Newport. This is a non smoking association.

Last Agent to Sell the Property

Sean McElroy

RE/MAX Profnl. Newport, Inc. License #REB.0017023 Listed on: 08/06/2013

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1900

HOA Fees

  • $254 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 998 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Dining Room
  • Storage Room
  • Laundry Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 632FRIENDSHIPST2NEWP

Community Details

Overview

  • 2 Units
  • Kay St / Hospital Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,844

Year Built

Built in 1900

Lot Details

0

HOA Fees

$254 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Kay St / Hospital
  • Above Grade Finished Sq Ft: 998.0
  • Building Name: Sixty Three Friendship
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: No Restrictions
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Cable TV
  • Living Area: 998.0
  • Dining Room Type: Dining Room, Kitchen, Laundry, Storage Room
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 254.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 632FRIENDSHIPST2NEWP
  • Zoning: R-10

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 1844.0
  • Tax Lot: 64
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 10, 2013
Sold by
Mcelroy Sean R and Cushing-Mcelroy Edith A
Bought by
Steinmetz Robert H and Steinmetz Lorraine J
Seller's Agent
Sean McElroy
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$199,000
Sold Price
$187,000
Premium/Discount to List
-$12,000
-6.03%
Current Estimated Value
$551,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,765
Avg. Annual Appreciation
9.34%

Purchase Details

Listed on
Aug 6, 2013
Closed on
Oct 3, 2013
Sold by
Mcelroy Development Ll
Bought by
Mcelroy Sean R and Cushing-Mcelroy Edith A
Seller's Agent
Sean McElroy
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$199,000
Sold Price
$187,000
Premium/Discount to List
-$12,000
-6.03%

Purchase Details

Closed on
Oct 1, 1999
Sold by
Keys John and Keys Eleanor
Bought by
Mcelroy Sean R and Mcelroy Edith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,700
Interest Rate
7.85%
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
Steinmetz Robert H $187,000 --
Mcelroy Sean R -- --
Mcelroy Sean R $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcelroy Sean R $116,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2013 10/10/13 Sold $187,000 -6.0% $187 / Sq Ft
09/10/2013 09/10/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $199,000 -- $199 / 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 $2,662 $306,400 $0 $306,400
2024 $2,519 $306,400 $0 $306,400
2023 $2,034 $205,000 $0 $205,000
2022 $1,970 $205,000 $0 $205,000
2021 $1,913 $205,000 $0 $205,000
2020 $1,986 $193,200 $0 $193,200
2019 $1,986 $193,200 $0 $193,200
2018 $1,930 $193,200 $0 $193,200
2017 $2,166 $193,200 $0 $193,200
2016 $2,112 $193,200 $0 $193,200
2015 $2,061 $193,200 $0 $193,200
2014 $1,899 $157,500 $0 $157,500
Source: Public Records

Agents Affiliated with this Home

  • Sean McElroy

    Seller's Agent in 2013

    Sean McElroy

    RE/MAX Profnl. Newport, Inc.

    1 in this area

    14 Total Sales

    Sean McElroy
    Section Image
  • Teri Degnan

    Buyer's Agent in 2013

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    5 in this area

    136 Total Sales

    Teri Degnan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1047836

State-Wide MLS

APN: NEWP-000011-000064-000002

Rhode Island Newport County Newport 02840 Kay-Catherine

63 Friendship St Unit 2, Newport, RI

Not Listed for Sale

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