NOT LISTED FOR SALE

120 Rhode Island Ave Unit D Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $680,000 - $806,593

2 Beds
2 Baths
1,262 Sq Ft
$420/mo HOA Fee

Last Sold October 05, 2023

Last sale price $600,000 $475 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,827/month

54 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Skylights
  • Golf Course Community
  • Tennis Courts
  • Storm Windows

About This Home

As of October 2023

Located in one of Newport's most charming neighborhoods, 120 Rhode Island Avenue Unit #D offers a unique blend of urban loft vibes on the interior and timeless Newport architecture on the exterior. Originally the carriage house and stables for the Richard Morris Hunt designed Lindengate estate, this unit offers an ideal place for owner-occupancy or a perfect pied-a-terre. The condo features a privately deeded patio/yard and garden, 2 bedrooms, 2 full bathrooms, 2 parking spaces, and over 1250 square feet of living space. Step inside the ground level entrance with sliding doors that enhance cohesion between the inside and outdoors, and find a first-floor bonus room complete with a wet bar, which is ideal for entertaining. This area offers versatility and could be used as an office space, extra den, or additional room for visiting guests. Ascend the stairs with custom steel railings to the second floor's living area, which leads to the kitchen and breakfast nook with room for barstool seating and built-in dining area. With two bedrooms and an additional full bath, the second floor is designed for comfort. The convenience of an in-building washer and dryer is just steps away. This prime in-town location places you minutes from First Beach, the Cliff Walk, and the vibrant downtown scene. Experience Newport living with a touch of history and contemporary flair in this truly one-of-a-kind condo.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 08/11/2023

RE/MAX Results

Last Buyer's Agent

Tammy Bass

Hogan Associates Christie's License #RES.0040116

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,230

Year Built

  • Built in 1900

HOA Fees

  • $420 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,262 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Skylights

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

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

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 140
  • Assessor Parcel Number 120RHODEISLANDAVDNEWP

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal, trash
  • 4 Units

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Shops
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,230

Year Built

Built in 1900

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Above Grade Finished Sq Ft: 1262.0
  • Building Name: Lindengate Carriage House
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Wet Bar, Skylights, Tub Shower
  • Living Area: 1262.0
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Fuses
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 420.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal, Trash

Lot Info

  • Parcel #: 120RHODEISLANDAVDNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2229.8
  • Tax Lot: 140
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2023
Closed on
Oct 6, 2023
Sold by
Mccarthy Rian
Bought by
Alexander Sean M
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Tammy Bass
Hogan Associates Christie's
List Price
$595,000
Sold Price
$600,000
Premium/Discount to List
$5,000
0.84%
Views
140
Current Estimated Value
$747,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,898
Avg. Annual Appreciation
4.62%
Original Mortgage
$418,000
Outstanding Balance
$411,795
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$241,713

Purchase Details

Listed on
Feb 3, 2020
Closed on
Mar 20, 2020
Sold by
Clayton Ft
Bought by
Mccarthy Rian
Seller's Agent
Kate Rooney
Gustave White Sotheby's Realty
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$360,000
Sold Price
$354,000
Premium/Discount to List
-$6,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Original Mortgage
$343,380
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 1999
Sold by
Meenen Benjamin A
Bought by
Clayton Michael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Alexander Sean M $600,000 None Available
Mccarthy Rian $354,000 None Available
Clayton Michael R $122,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Sean M $418,000
Previous Owner Mccarthy Rian $346,500
Previous Owner Mccarthy Rian $343,380
Previous Owner Clayton Michael R $125,000
Previous Owner Clayton Michael R $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2023 10/05/23 Sold $600,000 +0.8% $475 / Sq Ft
08/11/2023 08/11/23 For Sale $595,000 +68.1% $471 / Sq Ft
03/25/2020 03/25/20 Sold $354,000 -1.7% $281 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/03/2020 02/03/20 For Sale $360,000 -- $285 / 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 $3,978 $570,700 $0 $570,700
2023 $3,338 $336,500 $0 $336,500
2022 $3,234 $336,500 $0 $336,500
2021 $3,140 $336,500 $0 $336,500
2020 $2,227 $216,600 $0 $216,600
2019 $2,227 $216,600 $0 $216,600
2018 $2,164 $216,600 $0 $216,600
2017 $3,178 $283,500 $0 $283,500
2016 $2,985 $273,100 $0 $273,100
2015 $2,914 $273,100 $0 $273,100
2014 $3,409 $282,700 $0 $282,700
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2023

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    6 in this area

    697 Total Sales

    Joe Fitzpatrick
    Section Image
  • Tammy Bass

    Buyer's Agent in 2023

    Tammy Bass

    Hogan Associates Christie's

    (401) 430-0856

    2 in this area

    217 Total Sales

    Tammy Bass
    Section Image
  • Kate Rooney

    Seller's Agent in 2020

    Kate Rooney

    Gustave White Sotheby's Realty

    (401) 636-7894

    1 in this area

    65 Total Sales

    Kate Rooney
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1340752

State-Wide MLS

APN: NEWP-000023-000140-D000000

Rhode Island Newport County Newport 02840 Old Beach

120 Rhode Island Ave Unit D, Newport, RI

This home is located at 120 Rhode Island Ave Unit D, Newport, RI 02840 since 11 August 2023 and is currently estimated at $747,898, approximately $592 per square foot. This property was built in 1900. 120 Rhode Island Ave Unit D is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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