NOT LISTED FOR SALE

21 Mount Vernon St Unit 3 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $488,000 - $641,000

2 Beds
1 Bath
1,085 Sq Ft
$234/mo HOA Fee

Last Sold June 26, 2023

Last sale price $520,000 $479 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,758/month

27 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Outdoor Grill
  • Skylights
  • Bathtub with Shower
  • 5-minute walk to Eisenhower Park

About This Home

As of June 2023

This charming 2 bed 1 bath condo is your rare opportunity to live in the heart of downtown Newport. Tucked away just a block off Touro St and Bellevue Avenue, this quiet neighborhood provides a secluded retreat within walking distance to vibrant city life by the sea. Original refurbished hardwoods throughout add a touch of historic charm, and the skylights above fill the recently renovated kitchen and surprisingly spacious open floor plan with an abundance of natural light. Eccentric features like a spiral staircase ascending to your own private porch, compliment the functional layout full of modern features; making this unit ideal for entertaining or enjoying a relaxing weekend getaway. With laundry in-unit and the option to purchase fully furnished, this meticulously maintained turnkey property is ready for you to move in and start enjoying the Newport lifestyle immediately. Don't let your chance to own this delightful condo in such a prime location pass you by!

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 05/17/2023

RE/MAX Results

Last Buyer's Agent

Savannah Jones

Compass / Lila Delman Compass License #RES.0045196

Compass / Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,500

Year Built

  • Built in 1880

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,085 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Outdoor Grill

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 095
  • Assessor Parcel Number 21MOUNTVERNONST3NEWP

Community Details

Overview

  • 3 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,500

Year Built

Built in 1880

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: One household pet allowed without written permission. Rentals must be 3 months or longer, no more than 3 times/year.
  • Above Grade Finished Sq Ft: 1085.0
  • Building Name: Mt Vernon Condos
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1880
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Skylights, Tub Shower
  • Living Area: 1085.0
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 234.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 21MOUNTVERNONST3NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 2500.0
  • Tax Lot: 095
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2023
Closed on
Jun 26, 2023
Sold by
Tracy John F and Tracy Lori J
Bought by
Jones Savannah
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Savannah Jones
Compass / Lila Delman Compass
List Price
$500,000
Sold Price
$520,000
Premium/Discount to List
$20,000
4%
Total Days on Market
27
Views
30
Current Estimated Value
$573,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,344
Avg. Annual Appreciation
5.06%
Original Mortgage
$468,000
Outstanding Balance
$458,353
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,991

Purchase Details

Listed on
Apr 4, 2019
Closed on
Jun 17, 2019
Sold by
Jordan Jennifer M
Bought by
Tracy John F and Tracy Lori J
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Tyler Meegan
RE/MAX Results
List Price
$300,000
Sold Price
$280,000
Premium/Discount to List
-$20,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%
Original Mortgage
$10,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
Dc 22 Stockholm Rlty
Bought by
Lillis Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Jones Savannah $520,000 None Available
Tracy John F $280,000 --
Lillis Jennifer $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Savannah $468,000
Previous Owner Tracy John F $10,000
Previous Owner Lillis Jennifer $232,000
Previous Owner Lillis Jennifer $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2023 06/26/23 Sold $520,000 +4.0% $479 / Sq Ft
06/14/2023 06/14/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $500,000 +78.6% $461 / Sq Ft
06/21/2019 06/21/19 Sold $280,000 -6.7% $258 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $300,000 -- $276 / 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 $3,854 $468,900 $0 $468,900
2023 $2,663 $268,400 $0 $268,400
2022 $2,579 $268,400 $0 $268,400
2021 $2,504 $268,400 $0 $268,400
2020 $2,758 $268,300 $0 $268,300
2019 $2,758 $268,300 $0 $268,300
2018 $2,680 $268,300 $0 $268,300
2017 $3,008 $268,300 $0 $268,300
2016 $2,933 $268,300 $0 $268,300
2015 $2,863 $268,300 $0 $268,300
2014 $2,873 $238,200 $0 $238,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1335667

State-Wide MLS

APN: NEWP-000021-000095-000003