NOT LISTED FOR SALE

125 Van Zandt Ave Unit 310 Newport, RI 02840

Estimated Value: $488,000 - $605,000

2 Beds
1 Bath
1,168 Sq Ft
$496/mo HOA Fee

Last Sold July 18, 2023

Last sale price $460,000 $394 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,576/month

40 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Balcony
  • Golf Course Community
  • Tennis Courts
  • 4-minute walk to Coggeshall Park

About This Home

As of July 2023

This move-in ready condo is located in a great location minutes to the Bridge and Navy Base, but within walking distance to Broadway and Downtown Newport. This unit is located on the top floor and has been beautifully renovated. The chic eat-in kitchen features navy cabinets with stainless steel appliances and granite countertops. The spacious living room offers a private balcony with views of the Newport Bridge. The primary bedroom has a walk-in closet and the second bedroom is perfect for guests or a home office. With amenities such as gas heat, central air conditioning, ample parking, and a well-maintained building, this unit is a perfect opportunity for buyers looking for a worry free option in Newport.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 06/07/2023

RE/MAX Results

Last Buyer's Agent

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,280

Year Built

  • Built in 1970

HOA Fees

  • $496 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Intercom
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Private Water Source
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 089
  • Assessor Parcel Number 125VANZANDTAV310NEWP

Community Details

Overview

  • Association fees include ground maintenance, parking, sewer, snow removal, trash, water
  • 25 Units

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,280

Year Built

Built in 1970

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: In addition to condo fee, $129.29 is due quarterly to association for reserve account. 2 dogs per condo under 30lbs, no dogs for renters.
  • Above Grade Finished Sq Ft: 1168.0
  • Building Name: Pier Landing
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater
  • Other Equipment: Intercom
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Second Floor Access,Third Floor
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1168.0
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Brick, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: See Remarks
  • Patio And Porch Features: Balcony

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Private, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 495.6
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 125VANZANDTAV310NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 25

Tax Info

  • Tax Annual Amount: 2280.0
  • Tax Lot: 089
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jul 18, 2023
Sold by
Maynard Thomas M and Maynard Maureen M
Bought by
Hayes Tanya M
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Tina Wiley
Gustave White Sotheby's Realty
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
84
Current Estimated Value
$543,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,138
Avg. Annual Appreciation
7.33%
Original Mortgage
$345,000
Outstanding Balance
$336,906
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$206,232

Purchase Details

Closed on
Jan 27, 2012
Sold by
Chung Tera
Bought by
Yang & Kong Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hayes Tanya M $460,000 None Available
Yang & Kong Llc $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayes Tanya M $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/18/2023 07/18/23 Sold $460,000 +2.2% $394 / Sq Ft
06/07/2023 06/07/23 For Sale $450,000 +76.5% $385 / Sq Ft
06/17/2019 06/17/19 Sold $255,000 +880.8% $218 / Sq Ft View Prior Sale
05/18/2019 05/18/19 Pending -- -- --
03/16/2019 03/16/19 For Sale $25,999 -- $22 / 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
2025 $2,782 $387,500 $0 $387,500
2024 $3,185 $387,500 $0 $387,500
2023 $2,404 $242,300 $0 $242,300
2022 $2,329 $242,300 $0 $242,300
2021 $2,261 $242,300 $0 $242,300
2020 $2,241 $218,000 $0 $218,000
2019 $2,241 $218,000 $0 $218,000
2018 $2,178 $218,000 $0 $218,000
2017 $2,097 $187,100 $0 $187,100
2016 $2,045 $187,100 $0 $187,100
2015 $1,996 $187,100 $0 $187,100
2014 $1,307 $108,400 $0 $108,400
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2023

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    60 in this area

    688 Total Sales

    Joe Fitzpatrick
    Section Image
  • Tina Wiley

    Buyer's Agent in 2023

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    6 in this area

    51 Total Sales

    Tina Wiley
    Section Image
  • Vanessa Kong

    Seller's Agent in 2019

    Vanessa Kong

    Green Island Realty, Inc.

    (401) 339-8412

    18 Total Sales

    Vanessa Kong
    Section Image
  • Ryan Hazinakis

    Buyer's Agent in 2019

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    12 in this area

    118 Total Sales

    Ryan Hazinakis
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1337167

State-Wide MLS

APN: NEWP-000010-000089-000310

Rhode Island Newport County Newport 02840

125 Van Zandt Ave Unit 310, Newport, RI

Not Listed for Sale

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