NOT LISTED FOR SALE

22 Malbone Rd Unit 2 Newport, RI 02840

Estimated Value: $402,000 - $576,000

1 Bed
1 Bath
534 Sq Ft
$194/mo HOA Fee

Last Sold October 15, 2014

Last sale price $150,000 $281 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $2,880/month

80 Days on Market

Highlights

  • Wood Flooring
  • Walking Distance to Water
  • Public Transportation
  • Tennis Courts
  • Cul-De-Sac
  • 4-minute walk to Coggeshall Park

About This Home

As of October 2014

Your summer pied a terre! Located just off trendy Broadway where you'll enjoy excellent dining and exciting nightlife! This 1st flr condo has been impeccably maintained and cared for . 2 fireplaces, hw flrs, period detail. Elegance abounds! Turn Key

Last Agent to Sell the Property

Amy Hoag

RE/MAX Profnl. Newport, Inc. License #REB.0015474 Listed on: 06/26/2014

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Amy Hoag

RE/MAX Profnl. Newport, Inc. License #REB.0015474 Listed on: 06/26/2014

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 1850

HOA Fees

  • $194 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 534 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Wood Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Utilities

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

Additional Features

  • Walking Distance to Water
  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 22MALBONERD2NEWP

Community Details

Overview

  • 4 Units
  • Off Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,439

Year Built

Built in 1850

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Off Broadway
  • Above Grade Finished Sq Ft: 534.0
  • Building Name: 22 Malbone Condominium
  • 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
  • Pets No Pets Comments: Cats
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • 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: 534.0
  • Dining Room Type: Kitchen
  • Stories: 3

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 194.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 22MALBONERD2NEWP
  • Zoning: R10

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1439.0
  • Tax Lot: 9
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2005
Sold by
Roy Carolyn I
Bought by
Bufalo Alison Marie
Current Estimated Value
$476,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$83,691
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$392,412

Purchase Details

Closed on
Aug 26, 1996
Sold by
Dubois Susan M
Bought by
Roy Carolyn I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bufalo Alison Marie $200,000 --
Roy Carolyn I $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roy Carolyn I $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2014 10/15/14 Sold $150,000 -5.7% $281 / Sq Ft
09/15/2014 09/15/14 Pending -- -- --
06/26/2014 06/26/14 For Sale $159,000 -- $298 / 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 $2,272 $316,500 $0 $316,500
2024 $2,307 $331,000 $0 $331,000
2023 $2,250 $226,800 $0 $226,800
2022 $2,180 $226,800 $0 $226,800
2021 $2,116 $226,800 $0 $226,800
2020 $1,211 $117,800 $0 $117,800
2019 $1,211 $117,800 $0 $117,800
2018 $1,177 $117,800 $0 $117,800
2017 $1,568 $139,900 $0 $139,900
2016 $1,529 $139,900 $0 $139,900
2015 $1,493 $139,900 $0 $139,900
2014 $1,439 $119,300 $0 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1071989

State-Wide MLS

APN: NEWP-000010-000009-000002