Seller's Agent in 2023
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
6 in this area
698 Total Sales
1 Oakwood Terrace Unit 2 Newport, RI 02840
Old Beach NeighborhoodEstimated Value: $746,000 - $836,000
1
Bed
1
Bath
980
Sq Ft
$588/mo
HOA Fee
Highlights
- Wood Flooring
- Walking Distance to Water
- Cooling System Mounted In Outer Wall Opening
- Furnished
- Intercom
- Bathtub with Shower
About This Home
As of October 2023Presenting an incredible opportunity to own a first floor unit in Whitestone. Designated on the National Register of Historic Places and designed by the architectural firm that defined the era - McKim, Mead & White - this condominium embodies the classic character of the Gilded Age while offering the everyday necessities of modern living. The condo is highlighted by deeded patio space on the south-facing terrace, which is outfitted with an automated electric awning to enhance your outdoor experience. Enjoy the practicality of a low-maintenance lifestyle. Original details include ornate moldings and trim, herringbone wood floors in the entry foyer, meticulously maintained hardwoods in the living room, high ceilings, large south facing windows and oversized wood panel doors. The recent addition of beautiful built-in bookcases, a gas-insert fire place with marble mantle, custom high-end lighting fixtures, intricate brass hardware, and custom glass-front doors which grant access to the terrace are improvements that accentuate the appeal of this asset. Additional benefits include a recently updated kitchen with stainless steel appliances, in-unit laundry, an en-suite primary bedroom, and a location that is truly one-of-a-kind. Enjoy morning walks to Easton's Beach, experience Newport's famous Cliff Walk, frequent the local farmer's market on Memorial Boulevard, and explore the allure of Bellevue Avenue - all just a short distance from your home on Oakwood Terrace.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,608
Year Built
- Built in 1900
HOA Fees
- $588 Monthly HOA Fees
Home Design
- Stone Foundation
- Masonry
- Plaster
Interior Spaces
- 980 Sq Ft Home
- 3-Story Property
- Furnished
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Storage Room
- Utility Room
- Intercom
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 1 Parking Space
- No Garage
- Assigned Parking
Outdoor Features
- Walking Distance to Water
- Patio
- Outdoor Grill
Location
- Property near a hospital
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 071
- Assessor Parcel Number 1OAKWOODTER2NEWP
Community Details
Overview
- Association fees include ground maintenance, snow removal, trash
- 9 Units
Amenities
- Shops
- Restaurant
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2023
Closed on
Oct 30, 2023
Sold by
Thomas D Richard Ft and Richard
Bought by
Donohue Brian M
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Kristin McGrath
Century 21 Topsail Realty
List Price
$700,000
Sold Price
$660,000
Premium/Discount to List
-$40,000
-5.71%
Views
225
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,216
Avg. Annual Appreciation
3.52%
Original Mortgage
$162,500
Outstanding Balance
$160,207
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$543,410
Purchase Details
Closed on
Mar 26, 2013
Sold by
Richard Thomas D and Richard Lesley A
Bought by
Thomas D Richard Ft and Richard
Purchase Details
Closed on
Dec 21, 2005
Sold by
Gove David A and Gove Beverly J
Bought by
Richard Thomas D and Richard Lesley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 20, 1999
Sold by
Crosthwaite Kevin C
Bought by
Gove David A and Gove Beverly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 1994
Sold by
Devries Ronald H and Devries Anne
Bought by
Jefferson Linda S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Donohue Brian M | $660,000 | None Available | |
| Thomas D Richard Ft | -- | -- | |
| Richard Thomas D | $358,000 | -- | |
| Gove David A | $133,000 | -- | |
| Jefferson Linda S | $116,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Donohue Brian M | $30,000 | |
| Open | Donohue Brian M | $162,500 | |
| Closed | Donohue Brian M | $162,500 | |
| Previous Owner | Jefferson Linda S | $155,000 | |
| Previous Owner | Jefferson Linda S | $158,000 | |
| Previous Owner | Jefferson Linda S | $106,400 | |
| Previous Owner | Jefferson Linda S | $86,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2023 10/30/23 | Sold | $660,000 | -2.2% | $673 / Sq Ft |
| 08/11/2023 08/11/23 | Price Changed | $675,000 | -3.6% | $689 / Sq Ft |
| 07/21/2023 07/21/23 | For Sale | $700,000 | -- | $714 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $4,536 | $650,800 | $0 | $650,800 |
| 2023 | $3,608 | $363,700 | $0 | $363,700 |
| 2022 | $3,420 | $355,900 | $0 | $355,900 |
| 2021 | $3,321 | $355,900 | $0 | $355,900 |
| 2020 | $2,860 | $278,200 | $0 | $278,200 |
| 2019 | $2,860 | $278,200 | $0 | $278,200 |
| 2018 | $2,779 | $278,200 | $0 | $278,200 |
| 2017 | $3,834 | $342,000 | $0 | $342,000 |
| 2016 | $3,738 | $342,000 | $0 | $342,000 |
| 2015 | $3,649 | $342,000 | $0 | $342,000 |
| 2014 | $3,608 | $299,200 | $0 | $299,200 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Fitzpatrick
-
Kristin McGrath
Buyer's Agent in 2023
Kristin McGrath
Century 21 Topsail Realty
(401) 252-9243
1 in this area
67 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1339913
APN: NEWP-000026-000071-000002
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