$150,000
SOLD AUG 18, 2015

22 Malbone Rd Unit 1 Newport, RI 02840

1 Bed
1 Bath
506 Sq Ft
$177/mo HOA Fee

Recently Sold

$296 Per Sq Ft

22 Days on Market

Highlights

  • Wood Flooring
  • Living Room
  • Shops
  • Walking Distance to Water
  • Public Transportation
  • 4-minute walk to Coggeshall Park

About This Home

As of March 2021

Impeccable 1st floor condo conveniently located near downtown Newport and eclectic Broadway. Amenities include hardwood floors, master bedroom with bath, cozy fireplace, modern accents with period details and parking. All on a lovely corner lot.

Last Agent to Sell the Property

Kelly Moran

William Raveis Inspire License #REB.0018812 Listed on: 06/26/2015

William Raveis Inspire

Last Buyer's Agent

Betsy Leerssen

RE/MAX Profnl. Newport, Inc. License #RES.0026010

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,611

Year Built

  • Built in 1850

HOA Fees

  • $177 Monthly HOA Fees

Home Design

  • Vinyl Siding

Interior Spaces

  • 506 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Living Room
  • Wood Flooring
  • Dryer

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 22MALBONERD1NEWP

Community Details

Overview

  • 4 Units
  • Malbone Rd Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,611

Year Built

Built in 1850

Lot Details

0

HOA Fees

$177 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: MALBONE RD
  • Above Grade Finished Sq Ft: 506.0
  • Building Name: Malbone Rd
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1850
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 506.0
  • Dining Room Type: Kitchen, Living Room
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 177.45
  • Association Fee Frequency: Monthly
  • Pets Allowed: No, No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 22MALBONERD1NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1611.0
  • Tax Lot: 009
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Mar 10, 2021
Sold by
Garcia Andrew J and Garcia Nancy L
Bought by
Leys Elizabeth
Seller's Agent
Kelly Moran
William Raveis Inspire
Buyer's Agent
William Leys
Gustave White Sotheby's Realty
List Price
$249,000
Sold Price
$241,000
Premium/Discount to List
-$8,000
-3.21%
Total Days on Market
22
Current Estimated Value
$370,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,005
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Jun 26, 2015
Closed on
Aug 18, 2015
Sold by
Richardson John C
Bought by
Garcia Andrew J and Garcia Nancy L
Seller's Agent
Kelly Moran
William Raveis Inspire
Buyer's Agent
Betsy Leerssen
RE/MAX Profnl. Newport, Inc.
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%
Original Mortgage
$114,850
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2002
Sold by
Ricci Peidra
Bought by
Richardson John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,200
Interest Rate
6.34%
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Condominium Deed $241,000 None Available
Warranty Deed $150,000 --
Deed $116,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $114,850 New Conventional
Previous Owner $20,000 No Value Available
Previous Owner $93,200 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $241,000 -3.2% $476 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $249,000 +66.0% $492 / Sq Ft
08/18/2015 08/18/15 Sold $150,000 0.0% $296 / Sq Ft
07/19/2015 07/19/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $150,000 -- $296 / 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 $2,143 $307,500 $0 $307,500
2023 $2,061 $207,800 $0 $207,800
2022 $1,997 $207,800 $0 $207,800
2021 $1,939 $207,800 $0 $207,800
2020 $1,152 $112,100 $0 $112,100
2019 $1,152 $112,100 $0 $112,100
2018 $1,120 $112,100 $0 $112,100
2017 $1,498 $133,600 $0 $133,600
2016 $1,460 $133,600 $0 $133,600
2015 $1,426 $133,600 $0 $133,600
2014 $1,370 $113,600 $0 $113,600
Source: Public Records

Agents Affiliated with this Home

  • Kelly Moran

    Seller's Agent in 2021

    Kelly Moran

    William Raveis Inspire

    (631) 807-2198

    3 in this area

    38 Total Sales

    Kelly Moran
    Section Image

  • W

    Buyer's Agent in 2021

    William Leys

    Gustave White Sotheby's Realty

    (401) 862-2507

    1 in this area

    10 Total Sales

    William Leys
    Section Image
  • Betsy Leerssen

    Buyer's Agent in 2015

    Betsy Leerssen

    RE/MAX Profnl. Newport, Inc.

    2 in this area

    7 Total Sales

    Betsy Leerssen
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1100740

State-Wide MLS

APN: NEWP-000010-000009-000001

Rhode Island Newport County Newport 02840

22 Malbone Rd Unit 1, Newport, RI

This home is located at 22 Malbone Rd Unit 1, Newport, RI 02840 and is currently priced at $150,000, approximately $296 per square foot. This property was built in 1850. 22 Malbone Rd Unit 1 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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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