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34 Kay Street

34 Kay Street, Newport, RI 02840
Property in Newport
Sold Sep 04, 2015
$670,000
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The property has no active listings. Please see other similar options below.
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34 Kay Street has been categorized by the local assessors in Newport, RI as a residential type of property. The building on the property was first built in 1906 and is 118 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 34 Kay Street has 2,459 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,650 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a historical style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of slate. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 34 Kay Street sold most recently in Jan 1, 1970 for a total of $670,000. If you work out the math, that's approximately a cost of $272.47 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,449 in taxes each year. 34 Kay Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $851,700. If we break it down further, the land itself was valued at $203,400. Improvements to the property, however, were assessed at a total of $648,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1906
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Historical
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,650
  • Total Building Area: 2,459
  • Gross Building Area: 5,045
  • Building Area: 2,459
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,459
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : KING GARY W
  • Current Owner 2: KING AMY E
  • Previous Owner : LICAMELI JOSEPH P
  • Previous Owner 2: LICAMELI AMY S
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT PS
  • Census Tract: 040700

Zoning

  • Zoning: R10

Geography

  • Account Number: R04163
  • Parcel: NEWP M:021 B:0173
  • Block: 173
  • Municipality: NEWPORT
  • Latitude: 41.4907
  • Longitude: -71.3081

    Address

  • Full Address: 34 Kay St
  • Address - House Number: 34
  • Address - Street Name: Kay
  • Address - Suffix Type: St
  • State: RI
  • City Name: Newport
  • Carrier Code: C011
  • 4-Digit Zip Code: 2707
  • Zip Code: 02840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,449

    Appraisal Valuation

  • Standard Deviation: 0.0962
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 91
  • Final Value: 1,664,348
  • High Value: 1,824,591
  • Low Value: 1,504,105

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $851,700
  • Assessed Land Value: $203,400
  • Assessed Improvements Value: $648,300

    Sales

  • Current Sale Recording Date: Sep 04, 2015
  • Current Sale Transaction ID: 1292363252
  • Current Sale Price: $670,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 100419

    Last Sale Mortgage

  • First Mortgage Lender: ATLANTIC HOME LENDING
  • First Mortgage Transaction Date: Sep 04, 2015
  • First Mortgage Loan Amount: $502,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Due Date: Sep 04, 2030

About Newport



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Frequently Asked Questions

What neighborhood is 34 Kay Street located in?
The 34 Kay Street is a located in the neighborhood of Newport in Newport, Newport.
What is the average sales price for listings in 34 Kay Street?
The average sales price for units in 34 Kay Street is $0 currently.

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