NOT LISTED FOR SALE

93 2nd St Newport, RI 02840

Estimated Value: $715,000 - $847,398

2 Beds
1 Bath
624 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $638,000 $1,022 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,603/month

Highlights

  • Water Views
  • No HOA
  • Window Unit Cooling System
  • Furnished
  • Cottage
  • 2-minute walk to Battery Park

About This Home

As of May 2022

Enjoy an unforgettable Newport summer from the comfort of your own private home on the Point. The Tiny Cottage offers gorgeous water views, two bedrooms, one bathroom, your own backyard with charcoal grill and is an easy walking distance to the wharf and Broadway dining. Sleeps four in one queen bed and two twins pets are also welcome. Two driveway parking spots plus one seasonal parking pass. Air conditioned and basement available for storage. Just a block from Battery Park and the best sunsets views in town. This is a great opportunity to enjoy Newport at an affordable summer rental price May 3k, June 4k, July 5k and August 5k. Rent for the whole summer. WiFi, lawn care, water, gas and electricity included.

Last Agent to Rent the Property

Shana Speer

Gustave White Sotheby's Realty License #RES.0040721 Listed on: 04/17/2022

Gustave White Sotheby's Realty

Last Renter's Agent

Shana Speer

Gustave White Sotheby's Realty License #RES.0040721 Listed on: 04/17/2022

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,135

Year Built

  • Built in 1939

Lot Details

  • 4,443

Home Design

  • Cottage
  • Entry on the 1st floor
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Storage Room
  • Water Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • 4,443 Sq Ft Lot

Community Details

  • No Home Owners Association
  • The Point Subdivision

Listing and Financial Details

  • Property Available on 5/1/22
  • Month-to-Month Lease Term
  • Assessor Parcel Number 932NDSTNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,135

Year Built

Built in 1939

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2022-05-01
  • Security Deposit: 2500.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.102
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 624.0
  • Architectural Style: Cabin/Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1939
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 624.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Exterior Features: Barbecue

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Electricity, Gas, Heat, Hot Water, Internet, Parking, Sewer, Trash Collection, Cable TV
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 932NDSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 15, 2021
Sold by
Clifton Pearl D
Bought by
Trentos John and Trentos Kathleen M
Seller's Agent
RUSSELL CARLONE
RE/MAX Results
Buyer's Agent
Shana Speer
Gustave White Sotheby's Realty
List Price
$549,900
Sold Price
$638,000
Premium/Discount to List
$88,100
16.02%
Current Estimated Value
$806,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,350
Avg. Annual Appreciation
5.72%
Original Mortgage
$444,000
Outstanding Balance
$402,861
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$403,489

Purchase Details

Closed on
Sep 24, 1981
Bought by
Clifton Pearl
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 Buyer Sale Price Title Company
Trentos John $638,000 None Available
Trentos John $638,000 None Available
Clifton Pearl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trentos John $444,000
Closed Trentos John $444,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2022 05/16/22 Rented $15,000 +275.0% --
05/14/2022 05/14/22 Under Contract -- -- --
05/10/2022 05/10/22 Price Changed $4,000 +33.3% $6 / Sq Ft
04/17/2022 04/17/22 For Rent $3,000 0.0% --
07/12/2021 07/12/21 Sold $638,000 +16.0% $1,022 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $549,900 -- $881 / 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 $4,135 $475,900 $475,900 $0
2024 $4,873 $592,800 $475,900 $116,900
2023 $3,850 $388,100 $313,300 $74,800
2022 $3,730 $388,100 $313,300 $74,800
2021 $3,621 $388,100 $313,300 $74,800
2020 $4,146 $403,300 $284,500 $118,800
2019 $4,146 $403,300 $284,500 $118,800
2018 $4,029 $403,300 $284,500 $118,800
2017 $3,625 $323,400 $218,800 $104,600
2016 $3,535 $323,400 $218,800 $104,600
2015 $3,451 $323,400 $218,800 $104,600
2014 $3,307 $274,200 $171,100 $103,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1307803

State-Wide MLS

APN: NEWP-000009-000000-000320