NOT LISTED FOR SALE

Estimated Value: $684,000 - $828,000

2 Beds
1.5 Baths
1,181 Sq Ft
$655/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $602,000 $510 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,033/month

17 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Water Views
  • Water Access
  • 3-minute walk to Queen Anne Square

About This Home

As of April 2021

TURNKEY opportunity to own a completely furnished two-bedroom, one and half bath home right around the corner from Newport Harbor and the Wharf area known for an active boating presence, restaurants and shopping. An open-concept Kitchen with stainless steel appliances, marble countertops, center island, wall oven with microwave above and Dining with a Office/Computer Station. This Townhouse features TWO outside decks to enjoy the sun, summer breezes, sunsets, sunrises and BBQing. The West deck, just off the Living Room, has WATER VIEWS of the Newport Harbor which is right around the corner and enjoys a view of the Promenade. The East facing deck, just off the Kitchen, for morning sunrises, coffee and is perched above to observe the active scene below. This Townhome at Brick Market Place features a private-gated entrance with two parking spots! Security camera at the front door, 2 year-old electric pump provides heat and air conditioning. Condo fee includes water, sewer, flood insurance, trash, snow plowing and outside garden maintenance. Roof, siding and decks have been replaced; a strong Condominium Association is well funded.

Last Listed By

Annamarie Ringheim

Mott & Chace Sotheby's Intl. License #REB.0016229 Listed on: 03/05/2021

Mott & Chace Sotheby's Intl.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1974

HOA Fees

  • $364 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,181 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Thermal Windows
  • Water Views
  • Intercom

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Outdoor Grill
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 010
  • Assessor Parcel Number 132SWINBURNEROWNEWP

Community Details

Overview

  • 84 Units
  • Newport Harbor/Downtown/America's C Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina
  • Golf Course Community

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,558

Year Built

Built in 1974

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Newport Harbor/Downtown/America's C
  • Above Grade Finished Sq Ft: 1181.0
  • Building Name: Brick Market Place
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1974
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Intercom
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Bathtub, Tub Shower, Furnished, Cable TV
  • Living Area: 1181.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Balcony, Deck, Porch, Barbecue
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Sidewalks
  • Senior Community: No
  • Association Fee: 364.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 132SWINBURNEROWNEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 84

Tax Info

  • Tax Annual Amount: 4558.0
  • Tax Lot: 010
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2021
Closed on
Apr 16, 2021
Sold by
Fahmi Odette A
Bought by
Docherty Robert and Docherty Susan
Seller's Agent
Annamarie Ringheim
Mott & Chace Sotheby's Intl.
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$648,000
Sold Price
$602,000
Premium/Discount to List
-$46,000
-7.1%
Total Days on Market
17
Current Estimated Value
$773,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,300
Avg. Annual Appreciation
5.90%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Fahmi Mourad M and Fahmi Odette A
Bought by
Fahmi Odette A

Purchase Details

Closed on
Sep 3, 2010
Sold by
Gallo Wayne and Gallo Brooke
Bought by
Fahmi Mourad and Fahmi Odette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2005
Sold by
Burdett F Richard
Bought by
Gallo Wayne and Demary Joan

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
Docherty Robert $602,000 None Available
Fahmi Odette A -- --
Fahmi Mourad $435,000 --
Gallo Wayne $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gallo Wayne $348,000
Previous Owner Gallo Wayne $343,000
Previous Owner Gallo Wayne $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $602,000 -7.1% $510 / Sq Ft
03/23/2021 03/23/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $648,000 -- $549 / 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 $4,075 $495,800 $0 $495,800
2023 $4,121 $415,400 $0 $415,400
2022 $3,992 $415,400 $0 $415,400
2021 $3,876 $415,400 $0 $415,400
2020 $3,646 $354,700 $0 $354,700
2019 $3,646 $354,700 $0 $354,700
2018 $3,543 $354,700 $0 $354,700
2017 $3,508 $312,900 $0 $312,900
2016 $3,420 $312,900 $0 $312,900
2015 $3,339 $312,900 $0 $312,900
2014 $3,973 $329,400 $0 $329,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1276473

State-Wide MLS

APN: NEWP-000024-000010-000132