NOT LISTED FOR SALE

16 Mary St Unit 1 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $473,000 - $577,312

1 Bed
1 Bath
561 Sq Ft
$220/mo HOA Fee

Last Sold April 08, 2022

Last sale price $415,000 $740 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,511/month

360 Days on Market

Highlights

  • Walking Distance to Water
  • Laundry Room
  • Shops
  • Bathtub with Shower
  • Public Transportation
  • 2-minute walk to Queen Anne Square

About This Home

As of April 2022

Step outside into Historic downtown Newport from this efficient 1 bedroom condominium unit. Recently updated with new kitchen cabinets, appliances, new paint, and low maintenance luxury vinyl plank flooring. This street level unit in the shadow of some of Newport's most historic sites also has an unfinished basement with washer and dryer, ready to be used for extra storage or your own design ideas for a den or in-home office.
Heating and water are supplied by efficient gas boiler and water heater. The monthly condominium fee is reasonable and the 4 unit property is professionally managed. Showings by appointment.
Lease in effect until 12-31-2021

Last Listed By

Patrick McGrath

First Resort, LLC License #REC.0018932 Listed on: 03/18/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1984

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 561 Sq Ft Home
  • 3-Story Property
  • Utility Room
  • Laundry Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 353
  • Assessor Parcel Number 16MARYST1NEWP

Community Details

Overview

  • Historic Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,170

Year Built

Built in 1984

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Historic Downtown
  • Above Grade Finished Sq Ft: 561.0
  • Building Name: 16 Mary St. Condominiums
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1984
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 561.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Combination, Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 16MARYST1NEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2170.0
  • Tax Block: 353
  • Tax Lot: 1
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Murray Sean E $193,382
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $415,000 -7.6% $740 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/18/2021 03/18/21 For Sale $449,000 -- $800 / 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 $3,228 $392,700 $0 $392,700
2023 $2,170 $218,800 $0 $218,800
2022 $2,103 $218,800 $0 $218,800
2021 $2,041 $218,800 $0 $218,800
2020 $2,171 $211,200 $0 $211,200
2019 $2,171 $211,200 $0 $211,200
2018 $2,110 $211,200 $0 $211,200
2017 $1,694 $151,100 $0 $151,100
2016 $1,652 $151,100 $0 $151,100
2015 $1,612 $151,100 $0 $151,100
2014 $4,173 $249,600 $0 $249,600
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Patrick McGrath

    First Resort, LLC

    (401) 640-1766

    1 in this area

    5 Total Sales

    Patrick McGrath
    Section Image
  • Ben Willett

    Buyer's Agent in 2022

    Ben Willett

    RE/MAX Results

    (401) 835-8810

    6 in this area

    127 Total Sales

    Ben Willett
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1277903

State-Wide MLS

APN: NEWP-000024-000353-000001

Rhode Island Newport County Newport 02840 Historic Hill

16 Mary St Unit 1, Newport, RI

Homes for Sale in Newport, RI

This home is located at 16 Mary St Unit 1, Newport, RI 02840 since 18 March 2021 and is currently estimated at $539,828, approximately $962 per square foot. This property was built in 1984. 16 Mary St Unit 1 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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