NOT LISTED FOR SALE

157 Harrison Ave Unit 5 Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $1,915,240 - $2,147,000

3 Beds
2.5 Baths
2,413 Sq Ft
$842/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $1,166,216 $483 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $13,008/month

76 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Wooded Lot
  • Marina
  • Water Access
  • Wood Flooring

About This Home

As of October 2018

Newport Waterfront…….. Completely renovated open concept design……………. Spectacular Water views of Newport Bridge and Brenton Cove section of Newport harbor. You will not need to get up from the couch to take in the water views from this townhouse. This condo is situated on the Brenton Cove that allows you a front row seat above the serene wild life from Audubon Society’s protected land. Access to water front shoreline with private beach enables you to walk to Fort Adams,Newport Jazz Festival, Sail Newport, launch your kayak or hunt for sea glass. All three bedrooms have glass sliders to a full width deck facing water. The master bedroom ensuite on it own level features a spa like master bath with Jacuzzi, steam shower, heated floor, plus a walk in dressing room with a separate laundry area. The main living area features custom cabinets along with granite counter top, additional kitchen storage reached by custom ladder, marble gas fireplace with river rocks, complete with a temperature controlled wine closet. Easily turn the living room into a media room by sliding out the 75" TV hidden behind the built in bookcase. The loft is the perfect place for a home office, den or extra sleeping area with a built in bed. With amazing evening sunsets, morning bird watching and enjoy the boating activity on the water, this home has everything you need for seaside living.

Last Agent to Sell the Property

Karen O'Brien

William Raveis Inspire License #RES.0015351 Listed on: 06/20/2018

William Raveis Inspire

Last Buyer's Agent

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,825

Year Built

  • Built in 1981

Lot Details

  • Beach Front
  • Wooded Lot

HOA Fees

  • $1,095 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Carport
  • Driveway
  • Assigned Parking

Home Design

  • Combination Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,413 Sq Ft Home
  • 4-Story Property
  • Marble Fireplace
  • Gas Fireplace
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 42-5
  • Assessor Parcel Number 157HARRISONAV5NEWP

Community Details

Overview

  • 32 Units
  • Brenton Cove Subdivision
  • On-Site Maintenance
  • Maintained Community

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,825

Year Built

Built in 1981

Lot Details

0

HOA Fees

$1,095 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Brenton Cove
  • Above Grade Finished Sq Ft: 2413.0
  • Building Name: Brenton Cove
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Townhouse
  • Year Built: 1981
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: Private Entry
  • Fireplace Features: Gas, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cable TV
  • Living Area: 2413.0
  • Stories: 4
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded, Waterfront
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Porch, Patio, Paved Driveway
  • Foundation Details: Combination, Concrete Perimeter
  • Patio And Porch Features: Balcony, Patio, Porch

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit, Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Maintenance On-Site, Recreation Area
  • Senior Community: No
  • Amenities: Maintenance
  • Association Fee: 1095.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 157HARRISONAV5NEWP
  • Zoning: R120
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 32

Tax Info

  • Tax Annual Amount: 9825.16
  • Tax Lot: 42-5
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2023
Sold by
Dobbin James M and Dobbin Lori M
Bought by
James M Dobbin Ret and Dobin
Current Estimated Value
$2,030,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$320,527
Interest Rate
7.31%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,743,538

Purchase Details

Listed on
Jun 20, 2018
Closed on
Oct 5, 2018
Sold by
Tea Peter C
Bought by
Dobbin James M and Dobbin Lori M
Seller's Agent
Karen O'Brien
William Raveis Inspire
Buyer's Agent
Michelle Kirby
Gustave White Sotheby's Realty
List Price
$1,250,000
Sold Price
$1,166,216
Premium/Discount to List
-$83,784
-6.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
May 25, 2011
Sold by
Romero Altina F
Bought by
Thea Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
James M Dobbin Ret -- None Available
Dobbin James M $1,166,216 --
Thea Peter C $830,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James M Dobbin Ret $325,000
Previous Owner Thea Peter C $412,000
Previous Owner Thea Peter C $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $1,166,216 -6.7% $483 / Sq Ft
09/05/2018 09/05/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $1,250,000 -- $518 / 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 $13,647 $1,660,200 $0 $1,660,200
2023 $11,325 $1,141,600 $0 $1,141,600
2022 $10,971 $1,141,600 $0 $1,141,600
2021 $10,651 $1,141,600 $0 $1,141,600
2020 $10,110 $983,500 $0 $983,500
2019 $10,110 $983,500 $0 $983,500
2018 $9,825 $983,500 $0 $983,500
2017 $9,068 $808,900 $0 $808,900
2016 $8,841 $808,900 $0 $808,900
2015 $8,631 $808,900 $0 $808,900
2014 $9,441 $782,800 $0 $782,800
Source: Public Records

Agents Affiliated with this Home

  • Karen O'Brien

    Seller's Agent in 2018

    Karen O'Brien

    William Raveis Inspire

    (401) 662-4888

    10 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Michelle Kirby

    Gustave White Sotheby's Realty

    (401) 848-6714

    8 in this area

    53 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1195592

State-Wide MLS

APN: NEWP-000043-000042-000005

Rhode Island Newport County Newport 02840 Ocean Drive

157 Harrison Ave Unit 5, Newport, RI

This home is located at 157 Harrison Ave Unit 5, Newport, RI 02840 since 20 June 2018 and is currently estimated at $2,030,560, approximately $841 per square foot. This property was built in 1981. 157 Harrison Ave Unit 5 is a home located in Newport County with nearby schools including Rogers High School and St Michael's Country Day School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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