NOT LISTED FOR SALE

7 2nd St Newport, RI 02840

Estimated Value: $900,000 - $1,097,276

3 Beds
1 Bath
1,230 Sq Ft
$830/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $257,000 $209 Per Sq Ft

Est. 297% increase in value since last sale

Current estimated payment $5,949/month

25 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • 2-minute walk to Storer Park

About This Home

As of June 2012

Incredible opportunity to own on The Point! Walk to water, shops marina & more. House needs total rehab but bones are good. With a little imagination this could become a gem - endless possibilities. Being sold "AS IS"

Last Agent to Sell the Property

Mandie Sullivan

William Raveis Inspire License #REB.0017163 Listed on: 04/20/2012

Last Buyer's Agent

Gladys Barbosa

Edge Realty RI License #RES.0030485

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1850

Lot Details

  • 2,613 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Colonial Architecture
  • Fixer Upper
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 1,230 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 7SECONDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,700

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: THE POINT
  • Above Grade Finished Sq Ft: 1230.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1850
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1230.0
  • Stories: 2
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Aluminum Siding
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 2613.0
  • Parcel #: 7SECONDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3700.0
  • Tax Lot: 166
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 15, 2012
Sold by
Addison Dayton N and Addison Daylene A
Bought by
Osterborg Stephanie T
Seller's Agent
Mandie Sullivan
William Raveis Inspire
Buyer's Agent
Gladys Barbosa
Edge Realty RI
List Price
$275,000
Sold Price
$257,000
Premium/Discount to List
-$18,000
-6.55%
Current Estimated Value
$1,020,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,569
Avg. Annual Appreciation
10.95%
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
Osterborg Stephanie T $257,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $257,000 -6.5% $209 / Sq Ft
05/16/2012 05/16/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $275,000 -- $224 / 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 $6,717 $935,500 $432,800 $502,700
2024 $6,520 $935,500 $432,800 $502,700
2023 $6,084 $613,300 $284,900 $328,400
2022 $5,894 $613,300 $284,900 $328,400
2021 $5,722 $613,300 $284,900 $328,400
2020 $5,427 $527,900 $279,100 $248,800
2019 $5,427 $527,900 $279,100 $248,800
2018 $5,274 $527,900 $279,100 $248,800
2017 $4,988 $445,000 $214,600 $230,400
2016 $4,771 $436,500 $214,600 $221,900
2015 $4,166 $390,400 $214,600 $175,800
2014 $4,040 $335,000 $167,800 $167,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mandie Sullivan

    William Raveis Inspire

  • Gladys Barbosa

    Buyer's Agent in 2012

    Gladys Barbosa

    Edge Realty RI

    (401) 855-1401

    33 Total Sales

    Gladys Barbosa
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Map

Source: State-Wide MLS

MLS Number: 1015428

State-Wide MLS

APN: NEWP-000016-000000-000166

Rhode Island Newport County Newport 02840

7 2nd St, Newport, RI

This home is located at 7 2nd St, Newport, RI 02840 since 20 April 2012 and is currently estimated at $1,020,569, approximately $829 per square foot. This property was built in 1850. 7 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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