Seller's Agent in 2025
Connor Dowd
Keller Williams Coastal
(401) 864-4488
13 in this area
397 Total Sales
Capella South Condominium 1503 Capella S Unit 1503 Floor 5 Newport, RI 02840
1
Bed
1
Bath
760
Sq Ft
$548/mo
HOA Fee
Highlights
- Beach Front
- Water Access
- Clubhouse
- Marina
- In Ground Pool
- Private Lot
About This Home
As of August 2025Experience luxury coastal living in this fully reimagined top-floor residence on exclusive Goat Island. Masterfully renovated from the studs with the precision and artistry of a boat builder, this top-floor unit features rich teak flooring, an oversized teak island for entertaining, tongue-and-groove ceilings, and custom cabinetry throughout providing ample storage. The chef's kitchen boasts top-of-the-line stainless steel appliances and smart design. Expansive windows and a spacious, naturally shaded north-facing patio with teak tiles showcase breathtaking views of Newport Harbor, Narragansett Bay, and the Pell Bridge. A perfect oasis for relaxing or entertaining. Enjoy premier amenities in this gated community: a heated waterfront pool and pool house with sweeping views of the bay and Fort Adams, tennis, pickleball, basketball courts, and a small private beach with kayak storage. Additional conveniences include same-floor laundry and storage, lush grounds, scenic walking paths along the shoreline, and 24/7 on-site security. Just a short walk to downtown Newport, this one-of-a-kind retreat offers timeless craftsmanship and modern comfort.
Last Agent to Sell the Property
Keller Williams Coastal License #B16208 Listed on: 06/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,799
Year Built
- Built in 1979
Lot Details
- Beach Front
- Security Fence
- Secluded Lot
- Paved or Partially Paved Lot
- Sprinkler System
HOA Fees
- $548 Monthly HOA Fees
Home Design
- Entry on the 5th floor
- Brick Exterior Construction
- Brick Foundation
- Concrete Perimeter Foundation
Interior Spaces
- 760 Sq Ft Home
- Thermal Windows
- Storage Room
- Laundry Room
- Utility Room
- Wood Flooring
- Water Views
- Security System Owned
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Finished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Unassigned Parking
Outdoor Features
- In Ground Pool
- Water Access
- Walking Distance to Water
- Balcony
Utilities
- Cooling System Mounted In Outer Wall Opening
- Baseboard Heating
- Water Heater
- Cable TV Available
Additional Features
- Accessible Elevator Installed
- Property near a hospital
Listing and Financial Details
- Legal Lot and Block 1503 / 001
- Assessor Parcel Number 1503CAPELLA1503NEWP
Community Details
Overview
- 89 Units
- 5-Story Property
Amenities
- Shops
- Restaurant
- Public Transportation
- Clubhouse
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 19, 2025
Closed on
Aug 7, 2025
Sold by
Kevin & Jennifer Riley Ft and Riley
Bought by
Casey William R
Seller's Agent
Connor Dowd
Keller Williams Coastal
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$739,000
Sold Price
$710,000
Premium/Discount to List
-$29,000
-3.92%
Views
1145
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.42%
Purchase Details
Closed on
Nov 8, 2024
Sold by
Riley Kevin and Riley Jennifer
Bought by
Kevin & Jennifer Riley Ft
Purchase Details
Listed on
Jul 17, 2015
Closed on
Dec 23, 2015
Sold by
Reagan Laurance
Bought by
Riley Kevin and Riley Jennifer
Seller's Agent
Iris Zaff
Lila Delman Compass
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$419,000
Sold Price
$350,000
Premium/Discount to List
-$69,000
-16.47%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Purchase Details
Listed on
Jul 17, 2013
Closed on
Oct 3, 2013
Sold by
Gregerman Alan M
Bought by
Reagan Laurance
Seller's Agent
BRUCE ALLEN
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
BRUCE ALLEN
RE/MAX Profnl. Newport, Inc.
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Purchase Details
Closed on
Apr 21, 2000
Sold by
Morris Roger C
Bought by
Gregerman Alan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
8.21%
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 |
|---|---|---|---|
| Deed | $710,000 | -- | |
| Deed | $710,000 | -- | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $350,000 | -- | |
| Warranty Deed | $275,000 | -- | |
| Warranty Deed | $275,000 | -- | |
| Warranty Deed | $175,000 | -- | |
| Warranty Deed | $175,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $126,400 | No Value Available | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $157,500 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | Sold | $710,000 | -3.9% | $934 / Sq Ft |
| 08/21/2025 08/21/25 | Pending | -- | -- | -- |
| 06/19/2025 06/19/25 | For Sale | $739,000 | +111.1% | $972 / Sq Ft |
| 12/23/2015 12/23/15 | Sold | $350,000 | -16.5% | $461 / Sq Ft |
| 11/23/2015 11/23/15 | Pending | -- | -- | -- |
| 07/17/2015 07/17/15 | For Sale | $419,000 | +52.4% | $551 / Sq Ft |
| 10/04/2013 10/04/13 | Sold | $275,000 | -6.8% | $362 / Sq Ft |
| 09/04/2013 09/04/13 | Pending | -- | -- | -- |
| 07/17/2013 07/17/13 | For Sale | $295,000 | -- | $388 / 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 |
|---|---|---|---|---|
| 2025 | $4,827 | $555,500 | $0 | $555,500 |
| 2024 | $4,798 | $583,700 | $0 | $583,700 |
| 2023 | $4,577 | $461,400 | $0 | $461,400 |
| 2022 | $4,434 | $461,400 | $0 | $461,400 |
| 2021 | $4,305 | $461,400 | $0 | $461,400 |
| 2020 | $3,536 | $344,000 | $0 | $344,000 |
| 2019 | $3,536 | $344,000 | $0 | $344,000 |
| 2018 | $3,437 | $344,000 | $0 | $344,000 |
| 2017 | $3,670 | $327,400 | $0 | $327,400 |
| 2016 | $3,578 | $327,400 | $0 | $327,400 |
| 2015 | $3,493 | $327,400 | $0 | $327,400 |
| 2014 | $3,753 | $311,200 | $0 | $311,200 |
Source: Public Records
Agents Affiliated with this Home
-
Connor Dowd
-
Iris Zaff
Seller's Agent in 2015
Iris Zaff
Lila Delman Compass
(401) 447-4218
1 in this area
9 Total Sales
-
BRUCE ALLEN
B
Seller's Agent in 2013
BRUCE ALLEN
RE/MAX Profnl. Newport, Inc.
1 Total Sale
About Capella South Condominium
Map
Source: State-Wide MLS
MLS Number: 1387636
APN: NEWP-000046-000001-001503
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