$760,000
SOLD JUL 11, 2022
0.33 Acre
$2,303,030 Price per Acre
14,375 Sq Ft Lot

Recently Sold

$868 Per Sq Ft

8% Below List Price

17 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • 0.33 Acre Lot
  • Marina
  • Water Access
  • 3-minute walk to South Easton's Pond

About This Lot

As of July 2022

Fantastic piece of property with panoramic views of Easton's Pond and the Atlantic Ocean! Build your dream home on this one of a kind piece of land in Newport. Quiet street with instant access to the reservoir walking path and a quick walk to the beach, park and restaurants. Taxes & Assessment based on prior assessment as there used to be a home on the property which has been removed.

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 04/29/2022

Last Buyer's Agent

Shannon Walker

Hogan Associates Christie's License #RES.0044869

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,860

Lot Details

  • 0.33 Acre Lot
  • Beach Front
  • Level Lot
  • Finished Lot(s)

Additional Features

  • Water Views
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 82ELLERYRDNEWP

Community Details

Overview

  • Kay Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Water Access
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$6,860

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.33
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Subdivision Name: Kay
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family, Residential

Exterior Features

  • Lot Features: Waterfront, Level
  • Topography: Level
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Electricity Available, Municipal Utilities, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 14375.0
  • Parcel #: 82ELLERYRDNEWP
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6860.0
  • Tax Lot: 53
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2024
Sold by
Karanxha Klarens and Karanxha Nensi
Bought by
Ellery Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,685,784
Interest Rate
6.47%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,727,883

Purchase Details

Closed on
Sep 19, 2024
Sold by
Ellery Llc
Bought by
Karanxha Klarens and Karanxha Nensi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Outstanding Balance
$1,685,784
Interest Rate
6.47%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$2,727,883

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 1, 2022
Sold by
Paster Benjamin G and Paster Linda S
Bought by
Ellery Llc
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Shannon Walker
Hogan Associates Christie's
List Price
$825,000
Sold Price
$760,000
Premium/Discount to List
-$65,000
-7.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.69%
Original Mortgage
$1,243,900
Interest Rate
5.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2007
Sold by
Pizer Michele Bh
Bought by
Paster Benjamin and Paster Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
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 -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $760,000 None Available
Warranty Deed $760,000 None Available
Deed $650,000 --
Deed $650,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,700,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,700,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,243,900 Commercial
Previous Owner $629,600 Stand Alone Refi Refinance Of Original Loan
Previous Owner $130,000 No Value Available
Previous Owner $410,000 No Value Available
Previous Owner $410,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2025 08/02/25 For Rent $70,000 +250.0% --
06/25/2025 06/25/25 For Rent $20,000 -55.6% --
05/05/2025 05/05/25 Price Changed $45,000 -10.0% $10 / Sq Ft
03/21/2025 03/21/25 Price Changed $50,000 +42.9% $11 / Sq Ft
03/21/2025 03/21/25 Price Changed $35,000 -46.2% $7 / Sq Ft
02/11/2025 02/11/25 Rented $65,000 +44.4% --
02/10/2025 02/10/25 Under Contract -- -- --
12/20/2024 12/20/24 Rented $45,000 -30.8% --
12/18/2024 12/18/24 For Rent $65,000 +8.3% --
12/18/2024 12/18/24 For Rent $60,000 +50.0% --
12/18/2024 12/18/24 For Rent $40,000 +100.0% --
12/10/2024 12/10/24 Under Contract -- -- --
11/20/2024 11/20/24 For Rent $20,000 0.0% --
07/11/2022 07/11/22 Sold $760,000 -7.9% $868 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $825,000 -- $942 / 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 $9,336 $1,135,800 $725,800 $410,000
2023 $7,294 $735,300 $508,800 $226,500
2022 $7,066 $735,300 $508,800 $226,500
2021 $6,860 $735,300 $508,800 $226,500
2020 $6,914 $672,600 $380,300 $292,300
2019 $6,914 $672,600 $380,300 $292,300
2018 $6,719 $672,600 $380,300 $292,300
2017 $6,084 $542,700 $238,000 $304,700
2016 $5,932 $542,700 $238,000 $304,700
2015 $5,791 $542,700 $238,000 $304,700
2014 $5,545 $459,800 $221,600 $238,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1308855

State-Wide MLS

APN: NEWP-000011-000000-000053