NOT LISTED FOR SALE

18 Chapel St Unit C Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $441,000 - $533,212

1 Bed
1 Bath
635 Sq Ft
$773/Sq Ft Est. Value

Last Sold September 19, 2022

Last sale price $347,500 $547 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,118/month

171 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Attic
  • 4-minute walk to Aquidneck Growers Market (Wednesday)

About This Home

As of September 2022

Charming and contemporary condo in prime Newport location with its own private entrance. One bedroom, one bath, refinished kitchen with stainless steel appliances and granite countertops. Spacious unit with hardwood floors, in-unit laundry and plenty of closet and storage space. Professionally managed condo that sits on spacious, private grounds with plenty of parking. Close to all that Newport has to offer!

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 03/11/2022

Last Buyer's Agent

Shari Dailey

Lila Delman Compass License #RES.0042373

Lila Delman Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1990

HOA Fees

  • $334 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 635 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 18CHAPELSTCNEWP

Community Details

Overview

  • Association fees include water
  • 8 Units
  • Old Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,849

Year Built

Built in 1990

Lot Details

0

HOA Fees

$334 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Old Beach
  • Above Grade Finished Sq Ft: 635.0
  • Building Name: Sunnywood
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two, One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Townhouse
  • Year Built: 1990
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 635.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 334.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Parcel #: 18CHAPELSTCNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 1849.0
  • Tax Lot: 27
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2017
Closed on
May 19, 2017
Sold by
Demers Mary
Bought by
Merolla Michele E
Seller's Agent
Terry Cipolla
First Choice Real Estate Group
Buyer's Agent
Ann Ritterbusch
RE/MAX Profnl. Newport, Inc.
List Price
$210,000
Sold Price
$187,000
Premium/Discount to List
-$23,000
-10.95%
Current Estimated Value
$490,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,803
Avg. Annual Appreciation
12.13%

Purchase Details

Listed on
May 7, 2014
Closed on
Dec 22, 2014
Sold by
Friedrich Gerhard K
Bought by
Demers Mary
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$155,000
Sold Price
$125,000
Premium/Discount to List
-$30,000
-19.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.19%
Original Mortgage
$100,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Sunny Wood Llc
Bought by
Friedrich Gerhard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Merolla Michele E $187,000 --
Demers Mary $125,000 --
Friedrich Gerhard $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friedrich Gerhard $100,000
Previous Owner Friedrich Gerhard $133,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2022 09/19/22 Sold $347,500 -7.3% $547 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
05/09/2022 05/09/22 Price Changed $375,000 -3.6% $591 / Sq Ft
03/11/2022 03/11/22 For Sale $389,000 +108.0% $613 / Sq Ft
05/19/2017 05/19/17 Sold $187,000 -11.0% $294 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
01/13/2017 01/13/17 For Sale $210,000 +68.0% $331 / Sq Ft
12/22/2014 12/22/14 Sold $125,000 -19.4% $197 / Sq Ft View Prior Sale
11/22/2014 11/22/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $155,000 -- $244 / 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
2025 $2,268 $315,900 $0 $315,900
2024 $2,308 $331,200 $0 $331,200
2023 $1,881 $189,600 $0 $189,600
2022 $1,822 $189,600 $0 $189,600
2021 $1,769 $189,600 $0 $189,600
2020 $1,771 $172,300 $0 $172,300
2019 $1,771 $172,300 $0 $172,300
2018 $1,721 $172,300 $0 $172,300
2017 $1,298 $115,800 $0 $115,800
2016 $1,266 $115,800 $0 $115,800
2015 $1,236 $115,800 $0 $115,800
2014 $2,250 $186,600 $0 $186,600
Source: Public Records

Agents Affiliated with this Home

  • Chad Kritzas

    Seller's Agent in 2022

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    7 in this area

    204 Total Sales

    Chad Kritzas
    Section Image
  • Shari Dailey

    Buyer's Agent in 2022

    Shari Dailey

    Lila Delman Compass

    (401) 239-7176

    1 in this area

    26 Total Sales

    Shari Dailey
    Section Image

  • T

    Seller's Agent in 2017

    Terry Cipolla

    First Choice Real Estate Group

    (401) 821-2901

    132 Total Sales

    Terry Cipolla
    Section Image
  • Ann Ritterbusch

    Buyer's Agent in 2017

    Ann Ritterbusch

    RE/MAX Profnl. Newport, Inc.

    (401) 862-9192

    13 Total Sales

    Ann Ritterbusch
    Section Image
  • Joe Fitzpatrick

    Seller's Agent in 2014

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    5 in this area

    698 Total Sales

    Joe Fitzpatrick
    Section Image
  • Joseph Fitzpatrick

    Seller Co-Listing Agent in 2014

    Joseph Fitzpatrick

    RE/MAX Results

    (401) 848-7827

    17 Total Sales

    Joseph Fitzpatrick
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1304852

State-Wide MLS

APN: NEWP-000026-000027-000018C

Rhode Island Newport County Newport 02840 Old Beach

18 Chapel St Unit C, Newport, RI

This home is located at 18 Chapel St Unit C, Newport, RI 02840 since 11 March 2022 and is currently estimated at $490,803, approximately $772 per square foot. This property was built in 1990. 18 Chapel St Unit C 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.

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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