NOT LISTED FOR SALE

23 Old Beach Rd Unit 3 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $578,000 - $911,000

2 Beds
1.5 Baths
1,358 Sq Ft
$531/mo HOA Fee

Last Sold May 22, 2023

Last sale price $589,000 $434 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,958/month

Highlights

  • Marina
  • Wood Flooring
  • Corner Lot
  • Golf Course Community
  • 1 Fireplace
  • 4-minute walk to Touro Park

About This Home

As of May 2023

Sold before print. Entering for comp purposes.

Last Agent to Sell the Property

LeAnne West

Gustave White Sotheby's Realty License #RES.0042539 Listed on: 05/22/2023

Gustave White Sotheby's Realty

Last Buyer's Agent

LeAnne West

Gustave White Sotheby's Realty License #RES.0042539 Listed on: 05/22/2023

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,693

Year Built

  • Built in 1900

HOA Fees

  • $531 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Block Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 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
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service

Additional Features

  • Paved or Partially Paved Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 86
  • Assessor Parcel Number 23OLDBEACHRD3NEWP

Community Details

Overview

  • Association fees include hot water, ground maintenance, parking, sewer, snow removal, trash, water
  • 9 Units
  • Old Beach Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,693

Year Built

Built in 1900

Lot Details

0

HOA Fees

$531 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Old Beach
  • Above Grade Finished Sq Ft: 1358.0
  • Building Name: Longacre
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1358.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Paved
  • Construction Type: Plaster, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Block, Combination, Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 531.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 23OLDBEACHRD3NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 3693.0
  • Tax Lot: 86
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
May 22, 2023
Sold by
Kelly John K and Kelly John M
Bought by
Martin Jonathan
Seller's Agent
LeAnne West
Gustave White Sotheby's Realty
Buyer's Agent
LeAnne West
Gustave White Sotheby's Realty
List Price
$599,000
Sold Price
$589,000
Premium/Discount to List
-$10,000
-1.67%
Total Days on Market
0
Current Estimated Value
$730,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,430
Avg. Annual Appreciation
11.13%
Original Mortgage
$589,000
Interest Rate
6.28%
Mortgage Type
VA

Purchase Details

Closed on
Dec 13, 1995
Sold by
Rhode Island Hosp T Nb
Bought by
Kelly Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.43%
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
Martin Jonathan $589,000 None Available
Kelly Jean E $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Jonathan $582,400
Closed Martin Jonathan $589,000
Closed Kelly John K $400,000
Previous Owner Kelly Jean E $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2023 05/22/23 Sold $589,000 -1.7% $434 / Sq Ft
05/22/2023 05/22/23 For Sale $599,000 -- $441 / 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 $3,915 $561,700 $0 $561,700
2023 $3,812 $384,300 $0 $384,300
2022 $3,693 $384,300 $0 $384,300
2021 $3,586 $384,300 $0 $384,300
2020 $3,467 $337,300 $0 $337,300
2019 $3,467 $337,300 $0 $337,300
2018 $3,370 $337,300 $0 $337,300
2017 $3,781 $337,300 $0 $337,300
2016 $3,687 $337,300 $0 $337,300
2015 $3,599 $337,300 $0 $337,300
2014 $3,731 $309,400 $0 $309,400
Source: Public Records

Agents Affiliated with this Home

  • LeAnne West

    Seller's Agent in 2023

    LeAnne West

    Gustave White Sotheby's Realty

    (401) 787-7604

    1 in this area

    29 Total Sales

    LeAnne West
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1336058

State-Wide MLS

APN: NEWP-000026-000086-000000LA-M000003

Rhode Island Newport County Newport 02840 Old Beach

23 Old Beach Rd Unit 3, Newport, RI

This home is located at 23 Old Beach Rd Unit 3, Newport, RI 02840 since 22 May 2023 and is currently estimated at $730,430, approximately $537 per square foot. This property was built in 1900. 23 Old Beach Rd Unit 3 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.

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