NOT LISTED FOR SALE

1 Oakwood Terrace Unit 6 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $1,135,000 - $1,372,000

2 Beds
2 Baths
1,515 Sq Ft
$909/mo HOA Fee

Last Sold December 18, 2023

Last sale price $1,150,000 $759 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,405/month

62 Days on Market

Highlights

  • Marina
  • 4 Fireplaces
  • Walking Distance to Water
  • Wood Flooring
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of December 2023

Get ready to sit in front of a roaring fire this winter in 1 of the 4 gas fireplaces that adorn this magnificent condo in the historic Whitestone Mansion, designed by the renowned architects McKim, Mead and White and certified on the National Historic Register. 2 Bedroom 2 full Baths. Twelve foot ceilings trimmed in crown molding throughout as well as newly refinished original cherry floor. The kitchen is completely remodeled featuring brand new Bosch appliances, White Quartz countertops, white cabinets with custom hardware. Washer and dryer in the unit. Large windows providing wonderful light. Come put your feet up and relax in this one floor condo that is like living on Park Avenue. Amazing location with only a 5 minute walk to Bellevue Ave., Memorial Blvd, Newport Beach, waterfront shopping and/or dinning.

Last Agent to Sell the Property

Noelle Shiland

Coldwell Banker Realty License #REB.0017039 Listed on: 10/04/2023

Coldwell Banker Realty

Last Buyer's Agent

Ken Snyder

Keller Williams Boston-Metro License #Res.0043224

Keller Williams Boston-Metro

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1900

HOA Fees

  • $909 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Stone Foundation
  • Masonry

Interior Spaces

  • 1,515 Sq Ft Home
  • 1-Story Property
  • 4 Fireplaces
  • Marble Fireplace
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 071
  • Assessor Parcel Number 1OAKWOODTER6NEWP

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal, trash
  • 9 Units
  • Old Beach Road And Red Cross Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,256

Year Built

Built in 1900

Lot Details

0

HOA Fees

$909 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Old Beach Road and Red Cross
  • Above Grade Finished Sq Ft: 1515.0
  • Building Name: Whitestone
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Marble
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1515.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Masonry
  • Foundation Details: Combination, Stone

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 909.16
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal, Trash

Lot Info

  • Parcel #: 1OAKWOODTER6NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 5256.24
  • Tax Lot: 071
  • Tax Year: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Dec 18, 2023
Sold by
Lisa D Russo Ret and Russo
Bought by
Williams Simon and Williams Nicole J
Seller's Agent
Noelle Shiland
Coldwell Banker Realty
Buyer's Agent
Ken Snyder
Keller Williams Boston-Metro
List Price
$1,250,000
Sold Price
$1,150,000
Premium/Discount to List
-$100,000
-8%
Views
149
Current Estimated Value
$1,283,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,810
Avg. Annual Appreciation
0.96%
Original Mortgage
$862,500
Outstanding Balance
$850,260
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,663

Purchase Details

Closed on
Mar 27, 2023
Sold by
Ldr Enterprises Llc
Bought by
Lisa D Russo Ret and Russo

Purchase Details

Listed on
May 27, 2022
Closed on
Oct 11, 2022
Sold by
Cuttino John T and Grogan Martha M
Bought by
Dr Enterprises Llc
Seller's Agent
Martha Easley
Hogan Associates Christie's
Buyer's Agent
Noelle Shiland
Coldwell Banker Realty
List Price
$899,000
Sold Price
$836,000
Premium/Discount to List
-$63,000
-7.01%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.30%

Purchase Details

Listed on
Jan 27, 2021
Closed on
Jun 1, 2021
Sold by
William C Murray Lt and Murray
Bought by
Cuttino John T and Grogan Martha M
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Martha Easley
Hogan Associates Christie's
List Price
$775,000
Sold Price
$765,000
Premium/Discount to List
-$10,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$548,250
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2020
Sold by
Murray William C and Murray Mary M
Bought by
William C Murray Lt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2020
Sold by
William C Murray Lt and Murray
Bought by
Murray William C and Murray Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Murray William C and Marino-Murray Mary
Bought by
William C Murray Lt and Murray

Purchase Details

Closed on
Jan 10, 2011
Sold by
Whitman Michael E
Bought by
Marino-Murray Mary and Murray William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2006
Sold by
Warner Margaret
Bought by
Whitman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Williams Simon $1,150,000 None Available
Lisa D Russo Ret -- None Available
Lisa D Russo Ret -- None Available
Dr Enterprises Llc $836,000 None Available
Cuttino John T $765,000 None Available
William C Murray Lt -- None Available
Murray William C -- None Available
William C Murray Lt -- --
Marino-Murray Mary $510,000 --
Whitman Michael $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Simon $862,500
Previous Owner Cuttino John T $548,250
Previous Owner Murray William C $397,500
Previous Owner Whitman Michael $408,000
Previous Owner Whitman Michael $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2023 12/18/23 Sold $1,150,000 -8.0% $759 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $1,250,000 0.0% $825 / Sq Ft
12/13/2022 12/13/22 Rented $2,250 0.0% --
10/26/2022 10/26/22 For Rent $2,250 0.0% --
10/13/2022 10/13/22 Sold $836,000 -7.0% $552 / Sq Ft
08/11/2022 08/11/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $899,000 +17.5% $593 / Sq Ft
06/01/2021 06/01/21 Sold $765,000 -1.3% $505 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $775,000 -- $512 / 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 $6,658 $955,300 $0 $955,300
2023 $4,771 $480,900 $0 $480,900
2022 $4,621 $480,900 $0 $480,900
2021 $4,487 $480,900 $0 $480,900
2020 $4,144 $403,100 $0 $403,100
2019 $4,144 $403,100 $0 $403,100
2018 $4,027 $403,100 $0 $403,100
2017 $5,559 $495,900 $0 $495,900
2016 $5,420 $495,900 $0 $495,900
2015 $5,291 $495,900 $0 $495,900
2014 $5,228 $433,500 $0 $433,500
Source: Public Records

Agents Affiliated with this Home

  • Noelle Shiland

    Seller's Agent in 2023

    Noelle Shiland

    Coldwell Banker Realty

    (401) 529-4611

    5 in this area

    26 Total Sales

    Noelle Shiland
    Section Image
  • Ken Snyder

    Buyer's Agent in 2023

    Ken Snyder

    Keller Williams Boston-Metro

    (617) 784-0632

    1 in this area

    39 Total Sales

    Ken Snyder
    Section Image
  • Martha Easley

    Seller's Agent in 2022

    Martha Easley

    Hogan Associates Christie's

    (401) 862-0552

    3 in this area

    39 Total Sales

    Martha Easley
    Section Image
  • Chad Kritzas

    Seller's Agent in 2021

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    7 in this area

    211 Total Sales

    Chad Kritzas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1345218

State-Wide MLS

APN: NEWP-000026-000071-000006

Rhode Island Newport County Newport 02840 Old Beach

1 Oakwood Terrace Unit 6, Newport, RI

This home is located at 1 Oakwood Terrace Unit 6, Newport, RI 02840 since 04 October 2023 and is currently estimated at $1,283,810, approximately $847 per square foot. This property was built in 1900. 1 Oakwood Terrace Unit 6 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.

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