NOT LISTED FOR SALE

1301 Capella S Newport, RI 02840

Estimated Value: $638,000 - $725,000

1 Bed
1 Bath
746 Sq Ft
$394/mo HOA Fee

Last Sold June 30, 2023

Last sale price $595,000 $798 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,158/month

16 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Thermal Windows
  • Marina
  • Walking Distance to Water
  • Ductless Heating Or Cooling System

About This Home

As of June 2023

Nowhere else in Newport will you find more amenities and greater value. This immaculate condo in the Capella building on Goat Island enjoys enviable views of Newport Harbor and the city's historic waterfront. Enjoy watching the yachts, from tiny to super, pass by your balcony and sliding glass doors. The island is beautifully landscaped with open lawns, mature trees and a bayside walking path. Your privacy and property are protected by 24-hour security. Enjoy tennis courts, a heated pool, a waterfront gazebo overlooking the entrance to the harbor and Fort Adams' with its summer music festivals. The efficient layout of the condominium has an air-conditioned living room and bedroom enjoying the view, in addition to a kitchen, bathroom, and a small room being used as an office. The kitchen has updated appliances. The bathroom is fully updated and gleaming with an oversized glass and tile shower, granite-topped vanity, and delightful contrasting tile and granite accents. You'll be surprised by the amount of storage with multiple closets, pantries and additional locked storage in a common storage area on the same floor. This home also meets accessibility needs well with an elevator, single-level living and flat interior thresholds.

Last Agent to Sell the Property

Annie Becker

Lila Delman Compass License #REB.0016723 Listed on: 05/27/2023

Last Buyer's Agent

Rita Wright

RE/MAX Professionals License #RES.0018276

RE/MAX Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,933

Year Built

  • Built in 1979

Lot Details

  • Beach Front
  • Security Fence

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 746 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Water Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessibility Features
  • Low Pile Carpeting

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Space Heater
  • Heat Pump System
  • Baseboard Heating
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1301CAPELLANEWP

Community Details

Overview

  • Association fees include hot water, laundry, ground maintenance, parking, pool(s), recreation facilities, sewer, snow removal, security, tennis courts, trash, water
  • Goat Island Subdivision

Amenities

  • Shops
  • Restaurant
  • Community Storage Space

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,933

Year Built

Built in 1979

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Goat Island
  • Above Grade Finished Sq Ft: 746.0
  • Building Name: Capella South Condominium Assoc.
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Common Water Heater, Dishwasher, Disposal, Microwave, Refrigerator
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Accessible Elevator Installed, Low Pile Carpet
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator,Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower, Elevator, Cable TV
  • Living Area: 746.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced, Security
  • Lot Features: Waterfront
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Brick
  • Exterior Features: Paved Driveway, Tennis Court(s)
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump, Space Heater, Zoned
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Pool, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s), Storage
  • Association Fee: 394.22
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Hot Water, Laundry, Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Sewer, Snow Removal, Security, Tennis Courts, Trash, Water

Lot Info

  • Parcel #: 1301CAPELLANEWP
  • Zoning: WB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3933.0
  • Tax Lot: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jul 11, 2023
Sold by
Pelland Wayne D and Pelland Doreen B
Bought by
Doreen B Pelland T B and Doreen Pelland
Seller's Agent
Annie Becker
Lila Delman Compass
Buyer's Agent
Rita Wright
RE/MAX Professionals
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
38
Current Estimated Value
$618,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,252
Avg. Annual Appreciation
2.75%

Purchase Details

Listed on
May 27, 2023
Closed on
Jun 19, 2023
Sold by
Johnson Daphne P and Johnson Paul M
Bought by
Pelland Wayne D and Pelland Doreen B
Seller's Agent
Annie Becker
Lila Delman Compass
Buyer's Agent
Rita Wright
RE/MAX Professionals
List Price
$599,000
Sold Price
$595,000
Premium/Discount to List
-$4,000
-0.67%
Views
38

Purchase Details

Closed on
May 31, 2007
Sold by
Fazzano Mary Louise
Bought by
Johnson Paul and Johnson Daphne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Doreen B Pelland T B -- None Available
Pelland Wayne D $595,000 None Available
Johnson Paul $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Paul M $248,000
Previous Owner Johnson Paul $304,000
Previous Owner Johnson Paul $304,000
Previous Owner Johnson Paul $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $595,000 -0.7% $798 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/28/2023 05/28/23 For Sale $599,000 -- $803 / 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 $4,201 $511,100 $0 $511,100
2023 $4,181 $421,500 $0 $421,500
2022 $4,051 $421,500 $0 $421,500
2021 $4,274 $458,100 $0 $458,100
2020 $3,493 $339,800 $0 $339,800
2019 $3,493 $339,800 $0 $339,800
2018 $3,395 $339,800 $0 $339,800
2017 $3,626 $323,500 $0 $323,500
2016 $3,536 $323,500 $0 $323,500
2015 $3,452 $323,500 $0 $323,500
2014 $3,707 $307,400 $0 $307,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1336471

State-Wide MLS

APN: NEWP-000046-000001-001301