NOT LISTED FOR SALE

22 Malbone Rd Unit 4 Newport, RI 02840

Estimated Value: $446,000 - $524,613

2 Beds
1 Bath
944 Sq Ft
$261/mo HOA Fee

Last Sold September 05, 2024

Last sale price $475,000 $503 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,076/month

42 Days on Market

Highlights

  • Wood Burning Stove
  • Attic
  • Bathtub with Shower
  • Wood Flooring
  • Window Unit Cooling System
  • 4-minute walk to Coggeshall Park

About This Home

As of September 2024

Welcome to 22 Malbone Road, Unit 4, a beautiful residence offering unparalleled elegance and comfort in the heart of Newport. Nestled in a prime location, this exquisite property presents a unique opportunity to indulge in coastal living at its finest. This 2-bedroom, 1 bathroom condo features in unit laundry, views of the Newport Bridge, wood burning fire place, a fenced in yard, private storage in the basement and 2 off street parking spots. This is truly a rare find. Setup a showing today!

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 07/24/2024

RE/MAX Results

Last Buyer's Agent

Livingston Group

Compass

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1850

HOA Fees

  • $261 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 944 Sq Ft Home
  • 3-Story Property
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Storage Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

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 and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Water Heater

Additional Features

  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 22MALBONERD4NEWP

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal, trash
  • 4 Units
  • Broadway Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,023

Year Built

Built in 1850

Lot Details

0

HOA Fees

$261 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 944.0
  • Building Name: Malbone Condominium
  • Entry Level: 3
  • 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, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Insert, Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Attic, Tub Shower, Wood Burning Stove
  • Living Area: 944.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 261.25
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal, Trash

Lot Info

  • Parcel #: 22MALBONERD4NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 3023.49
  • Tax Lot: 009
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Sep 5, 2024
Sold by
Sheehan Julia and Sheehan Devin
Bought by
Bodtke Christopher and Mccormick Erin
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Livingston Group
Compass
List Price
$485,000
Sold Price
$475,000
Premium/Discount to List
-$10,000
-2.06%
Views
21
Current Estimated Value
$481,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,903
Avg. Annual Appreciation
1.29%
Original Mortgage
$380,000
Outstanding Balance
$375,973
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,930

Purchase Details

Listed on
Jul 24, 2024
Closed on
Jul 24, 2024
Sold by
Elterich Julia M
Bought by
Sheehan Julia and Sheehan Devin
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Livingston Group
Compass
List Price
$485,000
Sold Price
$475,000
Premium/Discount to List
-$10,000
-2.06%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Outstanding Balance
$375,973
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$105,930

Purchase Details

Listed on
Sep 15, 2015
Closed on
Feb 2, 2016
Sold by
Burnette Lauren B
Bought by
Elterich Julia M
Seller's Agent
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$172,000
Sold Price
$170,000
Premium/Discount to List
-$2,000
-1.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$136,000
Interest Rate
3.97%

Purchase Details

Closed on
Oct 1, 2003
Sold by
Destjorre John and Destjorre Helen
Bought by
Baeza Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.25%

Purchase Details

Closed on
Apr 29, 2002
Sold by
Callanan Joseph P and Callanan Tina
Bought by
Destjorre John A and Destjorre Helen
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 Buyer Sale Price Title Company
Bodtke Christopher $475,000 None Available
Bodtke Christopher $475,000 None Available
Sheehan Julia -- None Available
Sheehan Julia -- None Available
Elterich Julia M $170,000 --
Elterich Julia M $170,000 --
Baeza Lauren $170,000 --
Baeza Lauren $170,000 --
Destjorre John A $131,000 --
Destjorre John A $131,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodtke Christopher $380,000
Closed Bodtke Christopher $380,000
Previous Owner Elterich Julia M $136,000
Previous Owner Destjorre John A $141,000
Previous Owner Destjorre John A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Sold $475,000 -2.1% $503 / Sq Ft
07/24/2024 07/24/24 For Sale $485,000 0.0% $514 / Sq Ft
06/29/2023 06/29/23 Rented $2,250 0.0% --
04/20/2023 04/20/23 Under Contract -- -- --
11/22/2022 11/22/22 For Rent $2,250 +2.3% --
06/06/2022 06/06/22 Rented $2,200 0.0% --
05/23/2022 05/23/22 Under Contract -- -- --
05/02/2022 05/02/22 For Rent $2,200 +12.8% --
11/11/2021 11/11/21 For Rent $1,950 0.0% --
11/11/2021 11/11/21 Rented $1,950 0.0% --
02/01/2016 02/01/16 Sold $170,000 -1.2% $180 / Sq Ft View Prior Sale
01/02/2016 01/02/16 Pending -- -- --
09/15/2015 09/15/15 For Sale $172,000 -- $182 / 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 $3,207 $446,700 $0 $446,700
2024 $3,672 $446,700 $0 $446,700
2023 $2,920 $294,400 $0 $294,400
2022 $2,829 $294,400 $0 $294,400
2021 $2,747 $294,400 $0 $294,400
2020 $1,675 $162,900 $0 $162,900
2019 $1,675 $162,900 $0 $162,900
2018 $1,627 $162,900 $0 $162,900
2017 $2,186 $195,000 $0 $195,000
2016 $2,131 $195,000 $0 $195,000
2015 $2,081 $195,000 $0 $195,000
2014 $1,989 $164,900 $0 $164,900
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2024

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    58 in this area

    700 Total Sales

    Joe Fitzpatrick
    Section Image
  • Livingston Group

    Buyer's Agent in 2024

    Livingston Group

    Compass

    (781) 888-1006

    1 in this area

    225 Total Sales

    Livingston Group
    Section Image

  • h

    Buyer's Agent in 2021

    hunter parker

    Our Real Estate

    (508) 858-9947

    hunter parker
    Section Image
  • Stephanie Guinan

    Seller's Agent in 2016

    Stephanie Guinan

    RE/MAX Profnl. Newport, Inc.

    (401) 965-8433

    3 in this area

    19 Total Sales

    Stephanie Guinan
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1364550

State-Wide MLS

APN: NEWP-000010-000009-000004

Rhode Island Newport County Newport 02840

22 Malbone Rd Unit 4, Newport, RI

This home is located at 22 Malbone Rd Unit 4, Newport, RI 02840 since 24 July 2024 and is currently estimated at $481,903, approximately $510 per square foot. This property was built in 1850. 22 Malbone Rd Unit 4 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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