120 Rhode Island Ave Unit D Newport, RI 02840
Old Beach Neighborhood
2
Beds
2
Baths
1,262
Sq Ft
$420/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Skylights
- Golf Course Community
- Tennis Courts
- Storm Windows
About This Home
As of October 2023Located 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.
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
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
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
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 | $600,000 | None Available | |
| Condominium Deed | $354,000 | None Available | |
| Warranty Deed | $122,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $418,000 | Purchase Money Mortgage | |
| Previous Owner | $346,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $343,380 | Purchase Money Mortgage | |
| Previous Owner | $125,000 | No Value Available | |
| Previous Owner | $98,000 | Purchase Money Mortgage |
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
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
-
Tammy Bass
Buyer's Agent in 2023
Tammy Bass
Hogan Associates Christie's
(401) 430-0856
2 in this area
217 Total Sales
-
Kate Rooney
Seller's Agent in 2020
Kate Rooney
Gustave White Sotheby's Realty
(401) 636-7894
1 in this area
65 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1340752
APN: NEWP-000023-000140-D000000
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