120 Rhode Island Ave Unit D Newport, RI 02840
Old Beach Neighborhood
2
Beds
2
Baths
1,262
Sq Ft
$390/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Walking Distance to Water
- Golf Course Community
- Tennis Courts
- Skylights
About This Home
As of October 2023A delightful condo in the Lindengate carriage house located off desirable Rhode Island Avenue. The unique unit is a cool mix of urban loft space and Newport charm and has its own private, fenced-in yard and garden. As you enter the condo through the sliding doors you set foot in the first floor bonus room perfect for entertaining, game room etc. Keep beverages cold in the wet bar and keep overflow guests in the loft space or use as an office. Walk up the stairs, with custom steel railings, into a second living space with french doors leading into the kitchen and breakfast nook. Two bedrooms and another full bath round out the second floor. The washer and dryer are located just a few steps away from unit. A great in-town location minutes from beaches, Cliff Walk and downtown Newport. The entire exterior of building to be painted in Spring 2020,
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0040083 Listed on: 02/03/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,227
Year Built
- Built in 1900
HOA Fees
- $390 Monthly HOA Fees
Home Design
- Slab Foundation
- Wood Siding
- Shingle Siding
- Clapboard
- Plaster
Interior Spaces
- 1,262 Sq Ft Home
- 3-Story Property
- Wet Bar
- Skylights
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Home Security
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Outdoor Features
- Walking Distance to Water
- Patio
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 140
- Assessor Parcel Number 120RHODEISLANDAVDNEWP
Community Details
Overview
- 4 Units
- Rhode Island Avenue/Catherine Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Call for details about the types of pets allowed
Security
- 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
218 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: 1245968
APN: NEWP-000023-000140-D000000
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