$307,500
SOLD JAN 31, 2018
1 Bed
1 Bath
535 Sq Ft
$238/mo HOA Fee

Recently Sold

$575 Per Sq Ft

2% Below List Price

31 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Bathtub with Shower
  • Water Access
  • 1 Fireplace
  • 2-minute walk to Eisenhower Park

About This Home

As of November 2020

Fantastic condo located in the heart of downtown Newport. Totally renovated one bedroom, one bath unit in the historic Brick Market - across from the Brick Alley Pub. New hardwood floors throughout unit, updated kitchen and bath and expanded living space. New high efficiency recessed lighting as well as high end lighting fixtures. Washer/dryer installed in October. Large electric fireplace with beautiful mantle keeps it warm in the winter and central air will keep you comfortable all summer. Large deck/balcony overlooks the mall brickway and shops. 2 parking spots -rare for downtown Newport. Great investment opportunity. Very well run condo association. Rented seasonally with summer/winter rates. Currently rented until May 31, 2018. If you like to be close to downtown Newport and the harbor activities, restaurants,and shops this is the perfect place.

Last Agent to Sell the Property

Kevan Campbell

Hogan Associates Christie's License #RES.0034444 Listed on: 11/30/2017

Last Buyer's Agent

Timothy Dargan

Teri Degnan RE & Consulting License #REB.0019599

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,240

Year Built

  • Built in 1974

HOA Fees

  • $238 Monthly HOA Fees

Home Design

  • Wood Siding

Interior Spaces

  • 535 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Outdoor Grill

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 110SWINBURNEROWNEWP

Community Details

Overview

  • 84 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,240

Year Built

Built in 1974

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 535.0
  • Building Name: Brick Market
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 535.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Waterfront Features: Mooring, Water Access, Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Barbecue, Paved Driveway
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 238.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 110SWINBURNEROWNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 84

Tax Info

  • Tax Annual Amount: 2240.0
  • Tax Lot: 010
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 2, 2020
Sold by
Lynch Jeremiah C and Lynch Heather
Bought by
Mattegat George and Mattegat Louis J
Seller's Agent
Timothy Dargan
Teri Degnan RE & Consulting
Buyer's Agent
Alisha Juzapavicus
Warner Realty Group
List Price
$389,000
Sold Price
$375,000
Premium/Discount to List
-$14,000
-3.6%
Total Days on Market
31
Current Estimated Value
$550,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,484
Avg. Annual Appreciation
8.74%
Original Mortgage
$175,000
Outstanding Balance
$157,491
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$392,993

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 1, 2018
Sold by
Siegler Skot D and Siegler Maxine S
Bought by
Lynch Heather and Lynch Jeremiah C
Seller's Agent
Kevan Campbell
Hogan Associates Christie's
Buyer's Agent
Timothy Dargan
Teri Degnan RE & Consulting
List Price
$315,000
Sold Price
$307,500
Premium/Discount to List
-$7,500
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Feb 17, 2017
Sold by
Walker Brandon S
Bought by
Siegler Skot D and Siegler Maxine S

Purchase Details

Closed on
Dec 18, 2012
Sold by
Eakins Devron L
Bought by
Walker Brandon S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 2004
Sold by
Robbins Robert
Bought by
Meisenheimer Richard and Meisenheimer Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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 $375,000 None Available
Deed $307,500 --
Deed $237,500 --
Deed $225,000 --
Deed $225,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $175,000 New Conventional
Previous Owner $180,000 Adjustable Rate Mortgage/ARM
Previous Owner $245,160 No Value Available
Previous Owner $157,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2020 11/03/20 Sold $375,000 -3.6% $701 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $389,000 +26.5% $727 / Sq Ft
01/31/2018 01/31/18 Sold $307,500 -2.4% $575 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
11/30/2017 11/30/17 For Sale $315,000 -- $589 / 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 $2,174 $311,900 $0 $311,900
2023 $2,601 $262,200 $0 $262,200
2022 $2,520 $262,200 $0 $262,200
2021 $2,446 $262,200 $0 $262,200
2020 $2,327 $226,400 $0 $226,400
2019 $2,327 $226,400 $0 $226,400
2018 $2,262 $226,400 $0 $226,400
2017 $2,240 $199,800 $0 $199,800
2016 $2,184 $199,800 $0 $199,800
2015 $2,132 $199,800 $0 $199,800
2014 $2,536 $210,300 $0 $210,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1178688

State-Wide MLS

APN: NEWP-000024-000010-000110