$251,000
SOLD APR 29, 2019
1 Bed
1 Bath
544 Sq Ft
1,050 Sq Ft Lot

Recently Sold

$461 Per Sq Ft

28% Below List Price

78 Days on Market

Highlights

  • Marina
  • Cathedral Ceiling
  • Cottage
  • Golf Course Community
  • Tennis Courts
  • 3-minute walk to Aquidneck Growers Market (Wednesday)

About This Home

As of April 2019

A charming cottage just steps from Newport's esteemed Bellevue Avenue and Cliff Walk entrance. Just minutes to the beach, downtown shops and restaurants, this is the perfect little home or vacation getaway in the heart of Newport.

Last Agent to Sell the Property

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 01/10/2019

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 01/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1900

Lot Details

  • 1,050 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 544 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Utility Room
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 067
  • Assessor Parcel Number 15CHAPELSTNEWP

Community Details

Overview

  • Old Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,372

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0241
  • Subdivision Name: Old Beach
  • Above Grade Finished Sq Ft: 544.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Cathedral Ceiling(s), Cable TV
  • Living Area: 544.0
  • Dining Room Type: Utility Room
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1050.0
  • Parcel #: 15CHAPELSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2371.63
  • Tax Lot: 067
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
Apr 29, 2019
Sold by
Cooper Gordon K
Bought by
Berlinsky Richard
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$349,000
Sold Price
$251,000
Premium/Discount to List
-$98,000
-28.08%
Current Estimated Value
$650,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,640
Avg. Annual Appreciation
14.61%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Paolissi Richard A
Bought by
Paolissi Richard A and Cooper Gordon K

Purchase Details

Closed on
Feb 21, 1997
Sold by
Kelly William B
Bought by
Paolissi Richard A
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 Type Sale Price Title Company
Warranty Deed $251,000 --
Quit Claim Deed -- --
Warranty Deed $35,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $415,000 Stand Alone Refi Refinance Of Original Loan
Closed $415,000 Stand Alone Refi Refinance Of Original Loan
Closed $300,000 Stand Alone Refi Refinance Of Original Loan
Closed $330,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $292,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $90,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 For Rent $1,550 -6.1% --
12/30/2021 12/30/21 Rented $1,650 0.0% --
04/29/2019 04/29/19 Sold $251,000 -28.1% $461 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $349,000 -- $642 / 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 $2,815 $342,500 $230,600 $111,900
2023 $2,276 $229,400 $151,800 $77,600
2022 $2,205 $229,400 $151,800 $77,600
2021 $2,140 $229,400 $151,800 $77,600
2020 $2,440 $237,400 $164,800 $72,600
2019 $2,440 $237,400 $164,800 $72,600
2018 $2,372 $237,400 $164,800 $72,600
2017 $2,176 $194,100 $126,800 $67,300
2016 $2,122 $194,100 $126,800 $67,300
2015 $2,071 $194,100 $126,800 $67,300
2014 $2,660 $220,600 $165,200 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1212735

State-Wide MLS

APN: NEWP-000026-000000-000067