NOT LISTED FOR SALE

The Tower at Carnegie Abbey 1 Tower Dr Unit 905 Portsmouth, RI 02871

Melville Neighborhood

Estimated Value: $1,712,000 - $1,874,000

6 Beds
4.5 Baths
4,055 Sq Ft
$3,526/mo HOA Fee

Last Sold November 17, 2022

Last sale price $1,544,000 $381 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $14,826/month

418 Days on Market

Highlights

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

About This Home

As of November 2022

Residence 905 is a 4,055 sf, six-bedroom, four and a half bathroom, with a large den, media room, four private balconies and keyed elevator access. This home also has stunning floor-to-ceiling windows, allowing for sweeping views of the Narragansett Bay, Mount Hope Bridge and Equestrian Center. The large kitchen features custom cabinetry, a granite countertop and an appliance package including a Sub-Zero refrigerator and wine cooler, an industrial Wolf cooktop/range, and a Miele espresso maker. 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 security gate, and parking. Buyer and or buyer's agent to verify all information

Last Agent to Sell the Property

Caroline O'Shea

Compass License #RES.0046325 Listed on: 08/25/2021

Compass

Co-Listed By

Kevin Caulfield

Compass License #9086147

Last Buyer's Agent

Gordon King

Hogan Associates Christie's License #RES.0040040

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,816

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Security Fence
  • Secluded Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Wooded Lot

HOA Fees

  • $3,526 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 4,055 Sq Ft Home
  • Marble Fireplace
  • Gas Fireplace
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned 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 1TOWERDR905PORT

Community Details

Overview

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

Amenities

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

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$24,816

Year Built

Built in 2008

Lot Details

0

HOA Fees

$3,526 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Horses: Yes
  • Co List Office Mls Id: CMPM02
  • Co List Office Phone: 617-699-0412
  • Above Grade Finished Sq Ft: 4055.0
  • Architectural Style: High Rise
  • Building Name: The Carnegie Tower
  • Entry Level: 9
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 9
  • Structure Type: High Rise
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 9

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Common Water Heater, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Entry Location: Elevator,Private Entry
  • Fireplace Features: Gas, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood, Marble
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 4055.0
  • Stories: 9
  • ResoLivingAreaSource: Builder

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: 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: No Garage, Unassigned
  • 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: 3526.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Parcel #: 1TOWERDR905PORT
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 79

Tax Info

  • Tax Annual Amount: 24816.0
  • Tax Lot: 2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2021
Closed on
Nov 15, 2022
Sold by
Carnegie Llc
Bought by
Weiss Jeffrey N and Weiss Judith A
Seller's Agent
Caroline O'Shea
Compass
Buyer's Agent
Gordon King
Hogan Associates Christie's
List Price
$2,128,875
Sold Price
$1,544,000
Premium/Discount to List
-$584,875
-27.47%
Views
100
Current Estimated Value
$1,799,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,278
Avg. Annual Appreciation
2.95%
Original Mortgage
$1,235,200
Outstanding Balance
$1,190,570
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$482,631
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
Weiss Jeffrey N $1,544,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weiss Jeffrey N $1,235,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $1,544,000 -27.5% $381 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
08/25/2021 08/25/21 For Sale $2,128,875 -- $525 / 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 $17,956 $1,362,400 $0 $1,362,400
2023 $17,411 $1,362,400 $0 $1,362,400
2022 $25,221 $1,620,900 $0 $1,620,900
2021 $24,816 $1,620,900 $0 $1,620,900
2020 $24,427 $1,620,900 $0 $1,620,900
2019 $27,418 $1,671,800 $0 $1,671,800
2018 $26,699 $1,671,800 $0 $1,671,800
2017 $25,779 $1,671,800 $0 $1,671,800
2016 $31,067 $1,941,700 $0 $1,941,700
2015 $30,679 $1,941,700 $0 $1,941,700
2014 $30,679 $1,941,700 $0 $1,941,700
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Caroline O'Shea

    Compass

    Section Image
  • Kevin Caulfield

    Seller Co-Listing Agent in 2022

    Kevin Caulfield

    Compass

    (617) 501-3685

    33 in this area

    192 Total Sales

    Kevin Caulfield
    Section Image
  • Gordon King

    Buyer's Agent in 2022

    Gordon King

    Hogan Associates Christie's

    (401) 924-1774

    3 in this area

    47 Total Sales

    Gordon King
    Section Image
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About The Tower at Carnegie Abbey

Map

Source: State-Wide MLS

MLS Number: 1292000

State-Wide MLS

APN: PORT-000026-000002-000905

Rhode Island Newport County Portsmouth 02871 Melville

1 Tower Dr Unit 905, Portsmouth, RI

This home is located at 1 Tower Dr Unit 905, Portsmouth, RI 02871 since 25 August 2021 and is currently estimated at $1,799,278, approximately $443 per square foot. This property was built in 2008. 1 Tower Dr Unit 905 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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