SOLD JUL 22, 2022
RENTED JUN 1, 2025
11 Hammond St Unit 3 Newport, RI 02840
Fifth Ward Neighborhood
3
Beds
1
Bath
750
Sq Ft
$200/mo
HOA Fee
Highlights
- Deck
- Furnished
- Walking Distance to Water
- Wood Flooring
- Tennis Courts
- 3-minute walk to Spencer Park
About This Home
As of September 2023Vacation condo & Investment opportunity at its finest. This location of this 2-3 bed 1 bathroom condominium is truly unbeatable. Residing in the heart of the fifth ward, this unit is literally steps from all of the attractions downtown Newport has to offer. A 5 minute drive to the renowned cliff walk and historic Salve Regina university - this unit has a history of renting in the summer months and 9 month academic season. Give us a call and start collecting cash flow today! Additionally, the owner has obtained approval from the Hammond street condo association to build a rooftop deck - Subject to town approvals and permits.
Co-Listed By
Frank Sousa
HERE Realty License #RES.0045208
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,627
Year Built
- Built in 1900
HOA Fees
- $200 Monthly HOA Fees
Home Design
- Vinyl Siding
Interior Spaces
- 750 Sq Ft Home
- 3-Story Property
- Furnished
Kitchen
- Oven
- Range
- Microwave
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Parking Space
- No Garage
- Unassigned Parking
Outdoor Features
- Walking Distance to Water
- Deck
- Porch
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 185
- Assessor Parcel Number 11HAMMONDST3NEWP
Community Details
Overview
- 3 Units
Amenities
- Shops
- Public Transportation
Recreation
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 13, 2023
Closed on
Sep 1, 2023
Sold by
Fletcher Kelly
Bought by
Nora L Padykula Ret and Padykula
Seller's Agent
Ethan Coombs
Teri Degnan RE & Consulting
Buyer's Agent
Michelle Datoli
Mott & Chace Sotheby's Intl.
List Price
$399,000
Sold Price
$410,000
Premium/Discount to List
$11,000
2.76%
Views
195
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
$106,333
Avg. Annual Appreciation
16.71%
Original Mortgage
$220,000
Outstanding Balance
$216,234
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$335,346
Purchase Details
Listed on
May 31, 2022
Closed on
Jul 22, 2022
Sold by
Rist Leah R
Bought by
Fletcher Kelly
Seller's Agent
Jim Murray
HERE Realty
Buyer's Agent
Ethan Coombs
Teri Degnan RE & Consulting
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
Original Mortgage
$280,000
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Jun 11, 2021
Closed on
Aug 31, 2021
Sold by
Commendatore Cheryl A
Bought by
Rist Leah R
Seller's Agent
Robert Silva
Engel & Volkers
Buyer's Agent
Premier Group
Century 21 Limitless PRG
List Price
$339,900
Sold Price
$335,000
Premium/Discount to List
-$4,900
-1.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$142,000
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Mar 30, 2015
Closed on
Sep 9, 2016
Sold by
Flaherty Gayle L
Bought by
Commendatore Cheryl A
Seller's Agent
Veronica Meletta
Capitol Realty Company
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$229,000
Sold Price
$185,000
Premium/Discount to List
-$44,000
-19.21%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%
Original Mortgage
$148,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 27, 2014
Sold by
Flaherty Gayle L and Newport Town Of
Bought by
Flaherty Gayle L
Purchase Details
Closed on
Jul 21, 2014
Sold by
Flaherty Gayle L
Bought by
Prentis Danielle and Lussier Robert
Similar Homes in Newport, RI
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $410,000 | None Available | |
| Warranty Deed | $380,000 | None Available | |
| Warranty Deed | $335,000 | None Available | |
| Deed | $185,000 | -- | |
| Deed | -- | -- | |
| Deed | $9,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | Purchase Money Mortgage | |
| Previous Owner | $280,000 | Purchase Money Mortgage | |
| Previous Owner | $142,000 | Purchase Money Mortgage | |
| Previous Owner | $135,900 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $148,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2025 06/01/25 | Rented | $11,000 | +57.1% | -- |
| 04/21/2025 04/21/25 | For Rent | $7,000 | +154.5% | -- |
| 04/09/2025 04/09/25 | Rented | $2,750 | 0.0% | -- |
| 03/23/2025 03/23/25 | For Rent | $2,750 | 0.0% | -- |
| 03/10/2025 03/10/25 | Under Contract | -- | -- | -- |
| 12/09/2024 12/09/24 | For Rent | $2,750 | 0.0% | -- |
| 09/01/2023 09/01/23 | Sold | $410,000 | +2.8% | $583 / Sq Ft |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $399,000 | +5.0% | $568 / Sq Ft |
| 07/22/2022 07/22/22 | Sold | $380,000 | +0.3% | $507 / Sq Ft |
| 06/21/2022 06/21/22 | Pending | -- | -- | -- |
| 06/15/2022 06/15/22 | Price Changed | $379,000 | -5.0% | $505 / Sq Ft |
| 05/31/2022 05/31/22 | For Sale | $399,000 | +19.1% | $532 / Sq Ft |
| 09/01/2021 09/01/21 | Sold | $335,000 | -1.4% | $477 / Sq Ft |
| 08/02/2021 08/02/21 | Pending | -- | -- | -- |
| 06/11/2021 06/11/21 | For Sale | $339,900 | 0.0% | $483 / Sq Ft |
| 09/22/2020 09/22/20 | For Rent | $1,450 | 0.0% | -- |
| 09/22/2020 09/22/20 | Rented | $1,450 | +7.4% | -- |
| 12/30/2019 12/30/19 | Rented | $1,350 | 0.0% | -- |
| 11/30/2019 11/30/19 | Under Contract | -- | -- | -- |
| 09/11/2019 09/11/19 | For Rent | $1,350 | 0.0% | -- |
| 08/04/2019 08/04/19 | Rented | $1,350 | -3.6% | -- |
| 07/05/2019 07/05/19 | Under Contract | -- | -- | -- |
| 05/08/2019 05/08/19 | For Rent | $1,400 | 0.0% | -- |
| 09/09/2016 09/09/16 | Sold | $185,000 | -19.2% | $252 / Sq Ft |
| 08/10/2016 08/10/16 | Pending | -- | -- | -- |
| 03/30/2015 03/30/15 | For Sale | $229,000 | -- | $312 / 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 | $2,613 | $374,900 | $0 | $374,900 |
| 2023 | $2,535 | $255,500 | $0 | $255,500 |
| 2022 | $2,455 | $255,500 | $0 | $255,500 |
| 2021 | $2,384 | $255,500 | $0 | $255,500 |
| 2020 | $1,977 | $192,300 | $0 | $192,300 |
| 2019 | $1,977 | $192,300 | $0 | $192,300 |
| 2018 | $1,921 | $192,300 | $0 | $192,300 |
| 2017 | $2,156 | $192,300 | $0 | $192,300 |
| 2016 | $2,102 | $192,300 | $0 | $192,300 |
| 2015 | $2,052 | $192,300 | $0 | $192,300 |
| 2014 | $2,060 | $170,800 | $0 | $170,800 |
Source: Public Records
Agents Affiliated with this Home
-
K
Seller's Agent in 2025
Kevin Castner
RE/MAX Results
(401) 787-5194
2 in this area
17 Total Sales
-
Seller Co-Listing Agent in 2025
Madeline Andrews
RE/MAX Results
(401) 258-3225
2 in this area
15 Total Sales
-
S
Buyer's Agent in 2025
Susan Curran
Warner Realty Group
(508) 353-4957
3 Total Sales
-
M
Buyer's Agent in 2025
Meghan Galvin
RE/MAX Results
(401) 835-2530
-
Seller's Agent in 2023
Ethan Coombs
Teri Degnan RE & Consulting
(401) 263-5138
3 in this area
17 Total Sales
-
Buyer's Agent in 2023
Michelle Datoli
Mott & Chace Sotheby's Intl.
(401) 952-2233
1 in this area
26 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1311626
APN: NEWP-000035-000185-000003
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