$795,000
OPEN SAT 12PM - 1:30PM $84K PRICE DROP

12 Mount Vernon St Unit 5 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated payment $5,010/month

Total Views 29,498
2 Beds
1 Bath
1,426 Sq Ft
$558 Price per Sq Ft

Highlights

  • Marina
  • Wood Burning Stove
  • Wood Flooring
  • Water Views
  • Cathedral Ceiling
  • 3-minute walk to Eisenhower Park

About This Home

Penthouse Condo living in Newport! Discover new experiences and fun all year long just a stone's throw from fabulous downtown marinas, fine dining, cafes, the Jane Pickens Theater, and the delights of Broadway and Thames Street. This character-filled, 2-bedroom, 1-bath unit is in a 19th century Greek Revival-style building in the Historic Hill / Touro section of Newport. Included on the National Register of Historic Places, the circa-1845 Alfred Smith House was the home of the developer of famed Bellevue Avenue. The unit features fine details of the period, such as original wide-plank hardwood floors, and over 1,400+ sq.ft. of living space. You'll also enjoy rare views of Fort Adams, the Trinity Church steeple, and seasonal sights of the majestic Newport Bridge towering over the sea. Newport provides world-renowned boating, swimming, and recreation. From Castle Hill Beach to the Newport Polo Club, a tradition of luxury and leisure continues. You'll be a short drive from King Park as well as the bridge to Jamestown and Narragansett beyond for even more glittering coastal living. Storage unit, 1 parking spot included.

Listing Agent

Umid Khaitov

Residential Properties Ltd. License #RES.0044735 Listed on: 03/18/2025

Residential Properties Ltd.

Open House Schedule

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1845

HOA Fees

  • $546 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Partial Basement
  • Interior and Exterior Basement Entry

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 169
  • Assessor Parcel Number 12MT.VERNONST5NEWP

Community Details

Overview

  • Association fees include insurance, laundry, ground maintenance, parking, snow removal
  • 5 Units
  • Historic Hill / Kay / Touro Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation
  • Community Storage Space

Recreation

  • Marina

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,993

Year Built

Built in 1845

Lot Details

0

HOA Fees

$546 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Historic Hill / Kay / Touro
  • Above Grade Finished Sq Ft: 1426.0
  • Building Name: Vernon Manor House
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built: 1845
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Small Dogs (under 25 lbs.)
  • Special Features: 4097
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range
  • Has Basement: Exterior Entry, Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Fireplace Features: Masonry
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Wet Bar, Cathedral Ceiling(s), High Ceilings, Interior Steps, Skylights, Tub Shower, Vaulted Ceiling(s), Wood Burning Stove
  • Living Area: 1426.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • View: Water
  • View: Yes
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None, Window Unit(s)
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Restaurant, Shopping, Sidewalks
  • Senior Community: No
  • Amenities: Storage
  • Association Fee: 545.83
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Laundry, Maintenance Grounds, Parking, Snow Removal

Lot Info

  • Parcel #: 12MT.VERNONST5NEWP
  • Zoning: R3

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 1992.56
  • Tax Lot: 169
  • Tax Map Number: 21
  • Tax Year: 2025

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,974 $570,100 $0 $570,100
2023 $3,685 $371,500 $0 $371,500
2022 $3,570 $371,500 $0 $371,500
2021 $3,466 $371,500 $0 $371,500
2020 $2,449 $238,200 $0 $238,200
2019 $2,449 $238,200 $0 $238,200
2018 $2,380 $238,200 $0 $238,200
2017 $3,320 $296,200 $0 $296,200
2016 $5,651 $517,000 $0 $517,000
2015 $6,126 $574,100 $0 $574,100
2014 $5,747 $476,500 $0 $476,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 Price Changed $795,000 -9.6% $558 / Sq Ft
03/18/2025 03/18/25 For Sale $879,000 +254.4% $616 / Sq Ft
11/07/2016 11/07/16 Sold $248,000 -13.0% $174 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $285,000 -- $200 / Sq Ft
Source: State-Wide MLS

Purchase History

Date Type Sale Price Title Company
Deed $824,800 --
Warranty Deed $112,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 Stand Alone Refi Refinance Of Original Loan
Closed $235,600 Purchase Money Mortgage
Previous Owner $145,000 No Value Available
Previous Owner $109,595 No Value Available
Source: Public Records

Source: State-Wide MLS

MLS Number: 1380222

State-Wide MLS

APN: NEWP-000021-000169-000005