$350,000
SOLD DEC 23, 2015

Capella South Condominium 1503 Capella S Unit 1503 Newport, RI 02840

1 Bed
1 Bath
760 Sq Ft
$402/mo HOA Fee

Recently Sold

$461 Per Sq Ft

16% Below List Price

128 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Community Pool
  • Marina
  • Marble Flooring
  • Cul-De-Sac

About This Home

As of December 2015

Waterfront! Overlooking Newport Harbor .Spectacularly renovated unit from the studs with boat builder craftsmanship oversized teak island perfect for entertaining, beautiful Teak floors, tongue and groove wood ceiling, stainless European appliances.

Last Agent to Sell the Property

Iris Zaff

Lila Delman Compass License #RES.0019207 Listed on: 07/17/2015

Lila Delman Compass

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,494

Year Built

  • Built in 1979

Lot Details

  • Beach Front
  • Cul-De-Sac
  • Security Fence

HOA Fees

  • $402 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 760 Sq Ft Home
  • Water Views
  • Intercom

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Underground Utilities
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 001
  • Assessor Parcel Number 1503CAPELLAST1503NEWP

Community Details

Overview

  • 89 Units
  • Goat Island Subdivision
  • 5-Story Property

Recreation

  • Marina
  • Tennis Courts
  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Shops
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,494

Year Built

Built in 1979

Lot Details

0

HOA Fees

$402 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: GOAT ISLAND
  • Above Grade Finished Sq Ft: 760.0
  • Architectural Style: High Rise
  • Building Name: GOAT ISLAND/CAPELLA
  • Entry Level: 5
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 5
  • Structure Type: High Rise
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 5

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Other Equipment: Intercom
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator,First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Cable TV
  • Living Area: 760.0
  • Dining Room Type: Kitchen
  • Stories: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Cul-De-Sac, Paved
  • Pool Features: Pool, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Water Access, Walk to Water
  • Construction Type: Drywall, Brick, Masonry
  • Exterior Features: Tennis Court(s)
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Laundry Features: Common Area
  • Security: Security Service
  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Utilities: Underground Utilities
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Pool, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 402.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1503CAPELLAST1503NEWP
  • Zoning: WB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 89

Tax Info

  • Tax Annual Amount: 3494.0
  • Tax Lot: 001
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

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
7.50%

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%
Source: Public Records

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Range of Values:

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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
Quit Claim Deed -- None Available
Warranty Deed $350,000 --
Warranty Deed $275,000 --
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
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

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 $4,798 $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

    Seller's Agent in 2025

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    13 in this area

    404 Total Sales

    Connor Dowd
    Section Image
  • Iris Zaff

    Seller's Agent in 2015

    Iris Zaff

    Lila Delman Compass

    (401) 447-4218

    1 in this area

    10 Total Sales

    Iris Zaff
    Section Image

  • B

    Seller's Agent in 2013

    BRUCE ALLEN

    RE/MAX Profnl. Newport, Inc.

    1 Total Sale

    BRUCE ALLEN
    Section Image
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About Capella South Condominium

Map

Source: State-Wide MLS

MLS Number: 1102693

State-Wide MLS

APN: NEWP-000046-000001-001503

Rhode Island Newport County Newport 02840

1503 Capella S Unit 1503, Newport, RI

This home is located at 1503 Capella S Unit 1503, Newport, RI 02840 and is currently priced at $350,000, approximately $460 per square foot. This property was built in 1979. 1503 Capella S Unit 1503 is a home located in Newport County with nearby schools including Rogers High School and St Michael's Country Day School.

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