$2,000,000
SOLD AUG 26, 2020

24 Brown and Howard Wharf Unit 301 Newport, RI 02840

Historic Hill Neighborhood
2 Beds
2.5 Baths
2,459 Sq Ft
$2,447/mo HOA Fee

Recently Sold

$813 Per Sq Ft

22% Below List Price

137 Days on Market

Highlights

  • Beach Front
  • Deck
  • Tennis Courts
  • Marina
  • Wood Flooring
  • Balcony

About This Home

As of September 2021

Stunning newly renovated luxury waterfront condo overlooking Newport Harbor. Relax on your private deck or stroll the gated marina to soak in the wonderful ocean air. Light wood floors, exquisite textured wall coverings, open floor plan and thoughtful use of space make this residence the perfect place to enjoy gorgeous harbor sunsets. California Closet murphy beds, mechanical Hunter Douglas pirouette window coverings and impeccable choice of tile and granite create a luxurious yet functional living space. Vanderbilt Residences were very thoughtfully designed by the original developer allowing only 6 residences per building, 2 per floor. The spectacular in town location allows you to park you car in the security garage and walk to many of the outdoor dining cafe's that Newport has to offer.

Last Agent to Sell the Property

Jennifer Pierik

Jamestown Real Estate LLC License #REB.0016763 Listed on: 03/11/2020

Last Buyer's Agent

Dave Huberman

Gustave White Sotheby's Realty License #RES.0031635

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,480

Year Built

  • Built in 2008

Lot Details

  • Beach Front
  • Security Fence

HOA Fees

  • $2,447 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,459 Sq Ft Home
  • 3-Story Property
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Doors

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 24BROWNANDHOWARDWharf301NEWP

Community Details

Overview

  • 16 Units
  • Harbor Front Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,480

Year Built

Built in 2008

Lot Details

0

HOA Fees

$2,447 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Harbor front
  • Above Grade Finished Sq Ft: 2459.0
  • Architectural Style: High Rise
  • Building Name: Vanderbilt Residences
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: High Rise
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s)
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Elevator
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 2459.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Paved
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Built In
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 2447.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 24BROWNANDHOWARDWharf301NEWP
  • Zoning: WB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 21480.0
  • Tax Lot: 2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Sep 13, 2021
Sold by
Summer Newport Llc
Bought by
Indian Avenue Realty Llc
Seller's Agent
Mike Sweeney
Gustave White Sotheby's Realty
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$2,295,000
Sold Price
$2,295,000
Total Days on Market
137
Current Estimated Value
$2,977,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$682,163
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
Mar 11, 2020
Closed on
Aug 19, 2020
Sold by
Harkness James V and Harkness Marianne
Bought by
Summer Newport Llc
Seller's Agent
Jennifer Pierik
Jamestown Real Estate LLC
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$2,550,000
Sold Price
$2,000,000
Premium/Discount to List
-$550,000
-21.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%

Purchase Details

Listed on
Feb 4, 2017
Closed on
Jan 15, 2019
Sold by
Carla Blain Henri R and Carla Vrowshaw
Bought by
Harkness James V and Harkness Marianne
Seller's Agent
Eric Kirton
Compass / Lila Delman Compass
Buyer's Agent
Jennifer Pierik
Jamestown Real Estate LLC
List Price
$2,425,000
Sold Price
$1,725,000
Premium/Discount to List
-$700,000
-28.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$1,207,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2015
Sold by
Newstone Devleopment L
Bought by
Bard Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.69%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 17, 2014
Sold by
24Bh25 Llc
Bought by
Newstone Development L

Purchase Details

Closed on
Sep 7, 2011
Sold by
Newstone Development L
Bought by
24Bh25 Llc
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 Type Sale Price Title Company
Condominium Deed $2,295,000 None Available
Condominium Deed $2,000,000 None Available
Condominium Deed $1,725,000 --
Warranty Deed $1,950,000 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,207,500 Purchase Money Mortgage
Previous Owner $3,835,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $250,000 Unknown
Previous Owner $1,600,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $2,295,000 0.0% $933 / Sq Ft
09/15/2021 09/15/21 For Sale $2,295,000 +14.8% $933 / Sq Ft
08/26/2020 08/26/20 Sold $2,000,000 -21.6% $813 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $2,550,000 +47.8% $1,037 / Sq Ft
01/24/2019 01/24/19 Sold $1,725,000 +61507.1% $702 / Sq Ft
12/25/2018 12/25/18 Pending -- -- --
01/30/2018 01/30/18 Rented $2,800 -6.7% --
12/31/2017 12/31/17 Under Contract -- -- --
10/05/2017 10/05/17 For Rent $3,000 0.0% --
02/04/2017 02/04/17 For Sale $2,425,000 +5.7% $986 / Sq Ft
10/11/2016 10/11/16 Sold $2,295,000 0.0% $933 / Sq Ft
10/11/2016 10/11/16 For Sale $2,295,000 -- $933 / 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 $20,847 $2,536,100 $0 $2,536,100
2023 $19,545 $1,970,300 $0 $1,970,300
2022 $18,935 $1,970,300 $0 $1,970,300
2021 $18,383 $1,970,300 $0 $1,970,300
2020 $21,479 $2,089,400 $0 $2,089,400
2019 $21,479 $2,089,400 $0 $2,089,400
2018 $20,873 $2,089,400 $0 $2,089,400
2017 $27,359 $2,440,600 $0 $2,440,600
2016 $26,676 $2,440,600 $0 $2,440,600
2015 $23,583 $2,210,200 $0 $2,210,200
2014 $22,123 $1,834,400 $0 $1,834,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1249421

State-Wide MLS

APN: NEWP-000032-000002-001301