NOT LISTED FOR SALE

The Tower at Carnegie Abbey 1 Tower Dr Unit 1003 Portsmouth, RI 02871

Melville Neighborhood

Estimated Value: $973,280 - $1,047,000

3 Beds
3.5 Baths
1,920 Sq Ft
$527/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $912,600 $475 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,374/month

33 Days on Market

Highlights

  • Concierge
  • Beach Front
  • Golf Course Community
  • Portsmouth High School Rated A-
  • Marina
  • In Ground Pool

About This Home

As of June 2024

Welcome to "The Prudence" at the Tower @ Carnegie Abbey, an exceptional 2-story condominium residence boasting a front-row seat to the breathtaking vistas of Narragansett Bay and beyond. This luxurious abode offers 3 bedrooms, 3 and 1/2 baths, and a spacious 1920 sq ft of living space. Perched high above the picturesque expanse of Narragansett Bay, "The Prudence "affords unparalleled west-facing views, treating residents to daily displays of awe-inspiring sunsets. The centerpiece of this home is its open and expansive living area, ideal for both relaxation and entertainment. Double height windows adorn the space, framing the panoramic bay views and creating an ambiance perfect for cozy evenings by the fireplace or hosting gatherings. The layout features a primary bedroom on the first level, complete with an ensuite bathroom, while the second floor houses two additional bedrooms, each with its own ensuite. This arrangement offers the convenience of dual floor living, ensuring privacy and flexibility for residents and their guests. "The Tower" provides an array of amenities for its residents, including concierge service, elevators for easy access, an Olympic-sized pool, outdoor spa, lounge area with fire pits, outdoor grill, wading pool and fully equipped fitness center. The community features a manned security gate. Residents have access to a function and conference room with a full kitchen for hosting events. Condo fees cover most utilities, except electric and cable.

Last Agent to Sell the Property

Kimberly Fleming

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #REB.0019243 Listed on: 04/25/2024

Gustave White Sotheby's Realty

Last Buyer's Agent

Michelle Drum

Gustave White Sotheby's Realty License #REB.0013061

Gustave White Sotheby's Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,742

Year Built

  • Built in 2008

Lot Details

  • Beach Front
  • Security Fence

HOA Fees

  • $2,039 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1,920 Sq Ft Home
  • Marble Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Walking Distance to Water
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1TOWERDR1003PORT

Community Details

Overview

  • Association fees include clubhouse, gas, heat, HVAC, hot water, ground maintenance, parking, pool(s), recreation facilities, snow removal, security, trash, water
  • 79 Units
  • Aquidneck Club/Carnegie Abbey Subdivision
  • 2-Story Property

Amenities

  • Concierge
  • Shops
  • Restaurant
  • Public Transportation
  • Clubhouse
  • Business Center
  • Recreation Room

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,742

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,039 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Dogs up to 40lbs allowed, maximum 2 pets
  • Subdivision Name: Aquidneck Club/Carnegie Abbey
  • Above Grade Finished Sq Ft: 1920.0
  • Architectural Style: High Rise
  • Building Name: The Tower at Carnegie Abbery
  • Entry Level: 10
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: High Rise, Townhouse
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 401-849-3000
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Common Water Heater, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Elevator
  • Fireplace Features: Gas, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Elevator
  • Living Area: 1920.0
  • Stories: 22
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water
  • Construction Type: Plaster, Masonry
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Utilities: Underground Utilities
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Business Center, Concierge, Clubhouse, Golf, Highway Access, Marina, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Business Center, Pool, Recreation Room, Spa/Hot Tub, Concierge, Garden Area
  • Association Fee: 2039.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Clubhouse, Gas, Heat, HVAC, Hot Water, Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Snow Removal, Security, Trash, Water

Lot Info

  • Parcel #: 1TOWERDR1003PORT
  • Zoning: HI
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 79

Tax Info

  • Tax Annual Amount: 9742.0
  • Tax Lot: 2
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
Jul 24, 2024
Sold by
Carnegie At One Tower Dr
Bought by
Henken Sarah S and Oconnor Darrah C
Seller's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
Buyer's Agent
Michelle Drum
Gustave White Sotheby's Realty
List Price
$929,000
Sold Price
$912,600
Premium/Discount to List
-$16,400
-1.77%
Views
21
Current Estimated Value
$1,011,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,470
Avg. Annual Appreciation
5.53%

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 30, 2024
Sold by
St Andre Ft and St Andre
Bought by
Henken Sarah S and Oconnor Darrah C
Seller's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
Buyer's Agent
Michelle Drum
Gustave White Sotheby's Realty
List Price
$929,000
Sold Price
$912,600
Premium/Discount to List
-$16,400
-1.77%
Views
21

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 8, 2021
Sold by
Carnegie Llc
Bought by
Standre 2011 Ft and Standre
Seller's Agent
Kevin Caulfield
Compass
Buyer's Agent
Tom Rao
Hogan Associates Christie's
List Price
$931,200
Sold Price
$780,000
Premium/Discount to List
-$151,200
-16.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.41%
Source: Public Records

Range of Values:

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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
Henken Sarah S $83,000 None Available
Henken Sarah S $83,000 None Available
Henken Sarah S $912,600 None Available
Henken Sarah S $912,600 None Available
Standre 2011 Ft $780,000 None Available
Standre 2011 Ft $780,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $912,600 -1.8% $475 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $929,000 +19.1% $484 / Sq Ft
06/11/2021 06/11/21 Sold $780,000 -16.2% $406 / Sq Ft
06/10/2021 06/10/21 For Sale $931,200 -- $485 / 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 $10,047 $762,300 $0 $762,300
2023 $9,742 $762,300 $0 $762,300
2022 $11,588 $744,700 $0 $744,700
2021 $11,401 $744,700 $0 $744,700
2020 $11,223 $744,700 $0 $744,700
2019 $13,512 $823,900 $0 $823,900
2018 $13,158 $823,900 $0 $823,900
2017 $12,705 $823,900 $0 $823,900
2016 $17,739 $1,108,700 $0 $1,108,700
2015 $17,517 $1,108,700 $0 $1,108,700
2014 $17,517 $1,108,700 $0 $1,108,700
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Fleming

    Seller's Agent in 2024

    Kimberly Fleming

    Gustave White Sotheby's Realty

    (401) 935-9075

    8 in this area

    49 Total Sales

    Kimberly Fleming
    Section Image
  • Michelle Drum

    Buyer's Agent in 2024

    Michelle Drum

    Gustave White Sotheby's Realty

    (401) 265-3423

    2 in this area

    70 Total Sales

    Michelle Drum
    Section Image
  • Kevin Caulfield

    Seller's Agent in 2021

    Kevin Caulfield

    Compass

    (617) 501-3685

    33 in this area

    193 Total Sales

    Kevin Caulfield
    Section Image
  • Tom Rao

    Buyer's Agent in 2021

    Tom Rao

    Hogan Associates Christie's

    (401) 474-9004

    1 in this area

    25 Total Sales

    Tom Rao
    Section Image
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About The Tower at Carnegie Abbey

Map

Source: State-Wide MLS

MLS Number: 1357485

State-Wide MLS

APN: PORT-000026-000002-001003

Rhode Island Newport County Portsmouth 02871 Melville

1 Tower Dr Unit 1003, Portsmouth, RI

This home is located at 1 Tower Dr Unit 1003, Portsmouth, RI 02871 since 25 April 2024 and is currently estimated at $1,011,070, approximately $526 per square foot. This property was built in 2008. 1 Tower Dr Unit 1003 is a home located in Newport County with nearby schools including Portsmouth High School, St. Philomena School of the Sacred Heart, and Portsmouth Abbey School.

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