NOT LISTED FOR SALE

24 Merton Rd Unit 1 Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $637,000 - $883,000

2 Beds
1 Bath
1,394 Sq Ft
$391/mo HOA Fee

Last Sold June 12, 2023

Last sale price $539,000 $387 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,597/month

18 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Bathtub with Shower
  • Wood Flooring
  • Window Unit Cooling System
  • 3-minute walk to Aquidneck Growers Market (Wednesday)

About This Home

As of June 2023

Amazing large first floor condo! Walk to beaches, restaurants and the center of town. Short walk to Bellevue and Eastons Beach. All updated with too many improvements to list- new windows, brand new bathroom, new flooring, updated kitchen are just a few. Two rare off street parking spots and additional storage in the basement. Summer rental potential 15-20k.

Last Agent to Sell the Property

Candace Cally

Coldwell Banker Realty License #RES.0044712 Listed on: 05/18/2023

Coldwell Banker Realty

Last Buyer's Agent

Kathleen Wilson

Hogan Associates Christie's License #RES.0046366

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,813

Year Built

  • Built in 1920

HOA Fees

  • $391 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 1,394 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Storage Room
  • Laundry in unit
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 090 / 1
  • Assessor Parcel Number 24MERTONRD1NEWP

Community Details

Overview

  • Association fees include sewer, snow removal, water
  • 3 Units

Amenities

  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,813

Year Built

Built in 1920

Lot Details

0

HOA Fees

$391 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1394.0
  • Building Name: Merton Road Condominiums
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1394.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Combination

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Public Transportation
  • Senior Community: No
  • Association Fee: 391.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Sewer, Snow Removal, Water

Lot Info

  • Parcel #: 24MERTONRD1NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3813.0
  • Tax Block: 1
  • Tax Lot: 090
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 12, 2023
Sold by
Deangelis Jennifer A
Bought by
Dotterer Cooper J and Dotterer Nina J
Seller's Agent
Candace Cally
Coldwell Banker Realty
Buyer's Agent
Kathleen Wilson
Hogan Associates Christie's
List Price
$500,000
Sold Price
$539,000
Premium/Discount to List
$39,000
7.8%
Views
162
Current Estimated Value
$726,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,314
Avg. Annual Appreciation
4.88%

Purchase Details

Listed on
Dec 3, 2019
Closed on
Mar 31, 2020
Sold by
Ostreicher Jacob D and Ostreicher Alycia B
Bought by
Deangelis Jennifer A
Seller's Agent
Michelle Shevlin
Residential Properties Ltd.
Buyer's Agent
Louise Cardoni
Century 21 Topsail Realty
List Price
$375,000
Sold Price
$356,000
Premium/Discount to List
-$19,000
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.22%
Original Mortgage
$338,200
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 11, 2017
Closed on
Oct 23, 2017
Sold by
Labonte Cynthia M
Bought by
Ostreicher Jacob D and Ostreicher Alycia B
Seller's Agent
Connor Dowd
Keller Williams Coastal
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$269,000
Sold Price
$255,000
Premium/Discount to List
-$14,000
-5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.16%
Original Mortgage
$229,500
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2007
Sold by
Fortin Wayne J
Bought by
Labonte Cynthia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage
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
Dotterer Cooper J $539,000 None Available
Deangelis Jennifer A $356,000 None Available
Ostreicher Jacob D $255,000 --
Labonte Cynthia M $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deangelis Jennifer A $338,200
Previous Owner Ostreicher Jacob D $229,500
Previous Owner Labonte Cynthia M $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2023 06/12/23 Sold $539,000 +7.8% $387 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $500,000 +40.4% $359 / Sq Ft
05/01/2020 05/01/20 Sold $356,000 -5.1% $255 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
12/03/2019 12/03/19 For Sale $375,000 +47.1% $269 / Sq Ft
10/23/2017 10/23/17 Sold $255,000 -5.2% $183 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $269,000 -- $193 / 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 $4,451 $512,200 $0 $512,200
2024 $4,210 $512,200 $0 $512,200
2023 $3,222 $324,800 $0 $324,800
2022 $3,121 $324,800 $0 $324,800
2021 $3,030 $324,800 $0 $324,800
2020 $2,481 $241,300 $0 $241,300
2019 $2,481 $241,300 $0 $241,300
2018 $2,411 $241,300 $0 $241,300
2017 $2,124 $189,500 $0 $189,500
2016 $2,071 $189,500 $0 $189,500
2015 $2,022 $189,500 $0 $189,500
2014 $2,186 $181,300 $0 $181,300
Source: Public Records

Agents Affiliated with this Home

  • Candace Cally

    Seller's Agent in 2023

    Candace Cally

    Coldwell Banker Realty

    1 in this area

    69 Total Sales

    Candace Cally
    Section Image

  • K

    Buyer's Agent in 2023

    Kathleen Wilson

    Hogan Associates Christie's

    (774) 263-5385

    1 in this area

    21 Total Sales

    Kathleen Wilson
    Section Image

  • M

    Seller's Agent in 2020

    Michelle Shevlin

    Residential Properties Ltd.

    (401) 524-0704

    16 Total Sales

    Michelle Shevlin
    Section Image
  • Louise Cardoni

    Buyer's Agent in 2020

    Louise Cardoni

    Century 21 Topsail Realty

    (401) 835-5987

    30 Total Sales

    Louise Cardoni
    Section Image
  • Connor Dowd

    Seller's Agent in 2017

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    2 in this area

    402 Total Sales

    Connor Dowd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1335879

State-Wide MLS

APN: NEWP-000029-000090-000001

Rhode Island Newport County Newport 02840 Memorial Boulevard

24 Merton Rd Unit 1, Newport, RI

This home is located at 24 Merton Rd Unit 1, Newport, RI 02840 since 18 May 2023 and is currently estimated at $726,314, approximately $521 per square foot. This property was built in 1920. 24 Merton Rd Unit 1 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.

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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