$715,000
SOLD APR 21, 2021

The Tower at Carnegie Abbey 1 Tower Dr Unit 1502 Portsmouth, RI 02871

Melville Neighborhood
2 Beds
3 Baths
1,800 Sq Ft
$1,431/mo HOA Fee

Recently Sold

$397 Per Sq Ft

20% Below List Price

1,241 Days on Market

Highlights

  • Concierge
  • Beach Front
  • Golf Course Community
  • Portsmouth High School Rated A-
  • Marina
  • Water Access

About This Home

As of April 2021

Residence 1502 is a 1800 sf two-bedroom, two-bathroom home with a den, a private balcony and keyed elevator access. This home also has stunning floor-to-ceiling windows, allowing for sweeping views of the Narragansett Bay, and local amenities - a traditional Scottish golf course, equestrian grounds, local marinas and beach clubs, and tennis courts, all with impeccably manicured grounds. The kitchens feature European-style custom cabinetry, a granite countertop and backsplash and an appliance package including a Sub-Zero refrigerator and wine cooler, a Wolf cooktop, wall-mounted oven, warming drawer and a Miele espresso maker. Bathroom finishes include an elegant natural stone on the vanity and wet walls including a surround on its jetted air tub, with Waterworks fixtures. Photo's from model unit. The Carnegie Tower amenities include a concierge service, an Olympic lap pool with private cabanas available for purchase, an outdoor spa and children's wading pool, lounge area with fire pits, outdoor grilling station, fitness center, a resident lounge, attended 24 hour security gate, parking and additional storage available for purchase. OPTIONAL Membership to the Aquidneck Club (formerly the Carnegie Abbey Club)

Last Agent to Sell the Property

Kevin Caulfield

Compass License #9086147 Listed on: 10/27/2017

Compass

Co-Listed By

Jean Crane

Compass License #RES.0042814

Last Buyer's Agent

Mary Waddington

Vanderbilt International Prop. License #RES.0034743

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,492

Year Built

  • Built in 2008

Lot Details

  • Beach Front
  • Security Fence
  • Secluded Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $1,431 Monthly HOA Fees

Home Design

  • Entry on the 15th floor
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Marble Fireplace
  • Gas Fireplace
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Balcony

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Barn

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1TOWERDRPORT

Community Details

Overview

  • 79 Units
  • On-Site Maintenance
  • Maintained Community
  • 1-Story Property

Amenities

  • Concierge
  • Shops
  • Public Transportation
  • Clubhouse
  • Business Center

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,492

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,431 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Horses: Yes
  • Co List Office Mls Id: CMPM
  • Co List Office Phone: 617-206-3333
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: High Rise
  • Building Name: The Carnegie Tower
  • Entry Level: 15
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: High Rise
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Common Water Heater, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Entry Location: Elevator,Private Entry
  • Fireplace Features: Gas, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Elevator, Cable TV
  • Living Area: 1800.0
  • Stories: 22
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced, Security
  • Lot Features: Corner Lot, Private, Paved, Secluded, Wooded, Waterfront
  • Pool Features: Pool, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony, Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)
  • Patio And Porch Features: Balcony

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: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Other, Private Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Business Center, Concierge, Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Pool, Public Transportation, Shopping, Tennis Court(s), Clubhouse
  • Senior Community: No
  • Amenities: Business Center, Maintenance, Pool, Concierge
  • Association Fee: 1431.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Parcel #: 1TOWERDRPORT
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 79

Tax Info

  • Tax Annual Amount: 10492.0
  • Tax Lot: 2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2017
Closed on
Apr 14, 2021
Sold by
Carnegie Llc
Bought by
Eagles Nest Realty
Seller's Agent
Kevin Caulfield
Compass
Buyer's Agent
Mary Waddington
Vanderbilt International Prop.
List Price
$890,000
Sold Price
$715,000
Premium/Discount to List
-$175,000
-19.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%
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 Type Sale Price Title Company
Warranty Deed $715,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 For Sale $895,000 +25.2% $497 / Sq Ft
04/21/2021 04/21/21 Sold $715,000 -19.7% $397 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
10/27/2017 10/27/17 For Sale $890,000 -- $494 / 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 $9,882 $749,800 $0 $749,800
2023 $9,582 $749,800 $0 $749,800
2022 $10,831 $696,100 $0 $696,100
2021 $10,657 $696,100 $0 $696,100
2020 $10,490 $696,100 $0 $696,100
2019 $11,775 $718,000 $0 $718,000
2018 $11,466 $718,000 $0 $718,000
2017 $11,072 $718,000 $0 $718,000
2016 $16,845 $1,052,800 $0 $1,052,800
2015 $16,634 $1,052,800 $0 $1,052,800
2014 $16,634 $1,052,800 $0 $1,052,800
Source: Public Records

Agents Affiliated with this Home

  • Stacie Mills

    Seller's Agent in 2025

    Stacie Mills

    Vanderbilt International Prop.

    (401) 862-2793

    20 in this area

    103 Total Sales

    Stacie Mills
    Section Image
  • Mary Waddington

    Seller Co-Listing Agent in 2025

    Mary Waddington

    Vanderbilt International Prop.

    (401) 345-8351

    11 in this area

    66 Total Sales

    Mary Waddington
    Section Image
  • Kevin Caulfield

    Seller's Agent in 2021

    Kevin Caulfield

    Compass

    (617) 501-3685

    32 in this area

    191 Total Sales

    Kevin Caulfield
    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jean Crane

    Compass

    Section Image
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About The Tower at Carnegie Abbey

Map

Source: State-Wide MLS

MLS Number: 1176630

State-Wide MLS

APN: PORT-000026-000002-001502

Rhode Island Newport County Portsmouth 02871 Melville

1 Tower Dr Unit 1502, Portsmouth, RI

This home is located at 1 Tower Dr Unit 1502, Portsmouth, RI 02871 and is currently priced at $715,000, approximately $397 per square foot. This property was built in 2008. 1 Tower Dr Unit 1502 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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