NOT LISTED FOR SALE

12 Mount Vernon St Unit 1 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $517,000 - $610,000

1 Bed
1 Bath
640 Sq Ft
$268/mo HOA Fee

Last Sold April 30, 2024

Last sale price $526,000 $822 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,814/month

2 Days on Market

Highlights

  • Marble Flooring
  • Laundry Room
  • Public Transportation
  • Bathtub with Shower
  • Storage Room
  • 3-minute walk to Eisenhower Park

About This Home

As of April 2024

Located in the desirable Kay Street neighborhood, this gorgeous garden unit is conveniently located within walking distance of downtown Newport and far enough away to avoid the hustle and bustle of Newport. As you enter through your own private entry way you are welcomed into the living room with handcrafted bookshelves built into the wall and lit up by the abundance of natural light, gorgeous hardwood floors complete this cozy living room. The custom Tuscan kitchen was designed by an Italian decorator who drew inspiration from his hometown of Tuscany. The kitchen includes stainless appliances, a new fridge and dishwasher, flawless granite countertops and tile flooring that is maintained by hand rubbing bee's wax on to it, overall, very easy to maintain. The charming stone walls truly bring together this kitchen and gives you a touch of Italy while you cook from the comfort of your own home. The master suite, which is large enough to fit a king-sized bed and still have more room for dressers/nightstands, includes a full bath with original brick accents and a walk-in closet with plenty of shelving. New Anderson windows and custom shutters are present which provides privacy when needed and year-round protection from the elements outside and window drafts. Feel free to enjoy your own private patio area located right outside your unit. This low maintenance unit is perfect for use as a seasonal home, weekend get aways or even year-round living. Come enjoy all Newport has to offer.

Last Agent to Sell the Property

Asa Montgomery

Castle Keep Realty Corp. License #RES.0048091 Listed on: 03/06/2024

Last Buyer's Agent

Asa Montgomery

Castle Keep Realty Corp. License #RES.0048091 Listed on: 03/06/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,295

Year Built

  • Built in 1845

HOA Fees

  • $268 Monthly HOA Fees

Home Design

  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 640 Sq Ft Home
  • 4-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 12MT.VERNONST1NEWP

Community Details

Overview

  • Association fees include parking
  • 5 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,295

Year Built

Built in 1845

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Only one four-legged pet (dog or cat) may be kept in any such unit, however, any dog, cat, or other pet animal or bird shall not be kept in any such unit in such number or of type as to be noisome or offensive to occupants of other units and shall be suitably leashed or caged whenever they are on the condominium premises outside the interior of any unit.
  • Above Grade Finished Sq Ft: 640.0
  • Building Name: Alfred Smith Condominiums
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1845
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Marble, Other
  • Interior Amenities: Tub Shower
  • Living Area: 640.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 268.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Parking

Lot Info

  • Parcel #: 12MT.VERNONST1NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 3295.0
  • Tax Lot: 169
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 30, 2024
Sold by
Harold And Faye Cook Lt and Cook
Bought by
Clougher Zoe K
Seller's Agent
Asa Montgomery
Castle Keep Realty Corp.
Buyer's Agent
Asa Montgomery
Castle Keep Realty Corp.
List Price
$425,000
Sold Price
$526,000
Premium/Discount to List
$101,000
23.76%
Views
41
Current Estimated Value
$579,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,699
Avg. Annual Appreciation
4.04%
Original Mortgage
$420,800
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2020
Sold by
Cook Harold J and Cook Faye
Bought by
Harold & Faye Cook Lt and Cook

Purchase Details

Listed on
Jun 6, 2020
Closed on
Jul 29, 2020
Sold by
Lheureux Diane M
Bought by
Cook Harold J and Getz-Cook Faye
Seller's Agent
Morgan Lowis
Residential Properties Ltd.
Buyer's Agent
Barbara Stamp
Residential Properties Ltd.
List Price
$349,000
Sold Price
$345,000
Premium/Discount to List
-$4,000
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$240,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 25, 2013
Closed on
Mar 25, 2014
Sold by
Franco Michael and Franco Rosanne E
Bought by
Lheureux Diane M
Seller's Agent
Betsy Leerssen
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Cathy Wicks
Hogan Associates Christie's
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.34%

Purchase Details

Closed on
Dec 30, 2008
Sold by
Sullivan Michael and Sullivan Jennifer
Bought by
France Michael and France Rosanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage
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
Clougher Zoe K $526,000 None Available
Clougher Zoe K $526,000 None Available
Harold & Faye Cook Lt -- None Available
Harold & Faye Cook Lt -- None Available
Cook Harold J $345,000 None Available
Cook Harold J $345,000 None Available
Lheureux Diane M $280,000 --
Lheureux Diane M $280,000 --
France Michael $16,600 --
France Michael $16,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clougher Zoe K $416,250
Closed Clougher Zoe K $420,800
Previous Owner Cook Harold J $240,000
Previous Owner France Michael $128,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2024 04/30/24 Sold $526,000 +23.8% $822 / Sq Ft
03/09/2024 03/09/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $425,000 +23.2% $664 / Sq Ft
07/31/2020 07/31/20 Sold $345,000 -1.1% $539 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $349,000 +24.6% $545 / Sq Ft
03/25/2014 03/25/14 Sold $280,000 -6.4% $438 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $299,000 -- $467 / 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 $4,128 $502,200 $0 $502,200
2023 $3,295 $332,200 $0 $332,200
2022 $3,192 $332,200 $0 $332,200
2021 $3,099 $332,200 $0 $332,200
2020 $2,187 $212,700 $0 $212,700
2019 $2,187 $212,700 $0 $212,700
2018 $2,125 $212,700 $0 $212,700
2017 $2,962 $264,200 $0 $264,200
2016 $2,888 $264,200 $0 $264,200
2015 $2,846 $266,700 $0 $266,700
2014 $2,759 $228,800 $0 $228,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1353549

State-Wide MLS

APN: NEWP-000021-000169-000001