NOT LISTED FOR SALE

1506 Capella S Unit 1506 Newport, RI 02840

Estimated Value: $639,224 - $724,000

1 Bed
1 Bath
730 Sq Ft
$385/mo HOA Fee

Last Sold October 26, 2017

Last sale price $337,000 $462 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,324/month

216 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Cooling Available
  • Marina
  • In Ground Pool
  • Bathtub with Shower

About This Home

As of October 2017

One of the best locations in Newport if you are looking for waterfront under $1 million. Panoramic views of Newport Harbor and the Newport Bridge. Enjoy ocean breezes and sunsets from your balcony. Fort Adams is located to your left. View fire works on the 4th of July and listen to the Folk and Jazz Festival music at no charge! Association amenities include, gated entrance guarded 24-7, a pool with amazing views of the bridge and harbor ( bathrooms, showers and changing area for your convenience), tennis courts, and a beautiful gazebo overhanging the water for you to relax and enjoy or entertain guests. The building has an elevator, beautiful court yard, and a laundry room on each floor. Goat Island also offers the Goat Island Marina (for boat owners), Goat Island Marina Cafe (dining and drinks with views of the harbor) or the Pineapple Cafe (a great place for dining and drinks also located on the water). Everything is within walking distance. Want to head into town? There is a water shuttle that leaves from the Marina for $2 per person. No driving necessary!

Last Agent to Sell the Property

The Luxury Group

HomeSmart Professionals Listed on: 02/21/2017

Last Buyer's Agent

The Luxury Group

HomeSmart Professionals Listed on: 02/21/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,775

Year Built

  • Built in 1979

Lot Details

  • Beach Front
  • Security Fence

HOA Fees

  • $385 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 730 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water

Utilities

  • Cooling Available
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 1506CapellaNoneNEWP

Community Details

Overview

  • 89 Units
  • Goat Island Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,775

Year Built

Built in 1979

Lot Details

0

HOA Fees

$385 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Goat Island
  • Above Grade Finished Sq Ft: 730.0
  • Architectural Style: High Rise
  • Building Name: Goat Island
  • Entry Level: 5
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: High Rise
  • Year Built: 1979
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator,First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Tub Shower, Elevator, Cable TV
  • Living Area: 730.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Waterfront
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Brick
  • Exterior Features: Tennis Court(s)
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Pool, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Restaurant, Tennis Court(s)
  • Association Fee: 385.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1506CapellaNoneNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 89

Tax Info

  • Tax Annual Amount: 3775.0
  • Tax Lot: 1
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2019
Sold by
Motte Joyce
Bought by
Joyc Motte Irt
Current Estimated Value
$658,858
Source: Public Records

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 Buyer Sale Price Title Company
Joyc Motte Irt -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $337,000 -10.1% $462 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
02/21/2017 02/21/17 For Sale $375,000 -- $514 / 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 $3,977 $570,600 $0 $570,600
2023 $4,481 $451,700 $0 $451,700
2022 $4,341 $451,700 $0 $451,700
2021 $4,214 $451,700 $0 $451,700
2020 $3,444 $335,000 $0 $335,000
2019 $3,444 $335,000 $0 $335,000
2018 $3,347 $335,000 $0 $335,000
2017 $3,574 $318,800 $0 $318,800
2016 $3,484 $318,800 $0 $318,800
2015 $3,402 $318,800 $0 $318,800
2014 $3,654 $303,000 $0 $303,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1152412

State-Wide MLS

APN: NEWP-000046-000001-001506