NOT LISTED FOR SALE

245 Eustis Ave Unit A Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $710,000 - $816,959

1 Bed
1 Bath
1,100 Sq Ft
$699/Sq Ft Est. Value

Last Sold January 08, 2024

Last sale price $559,500 $509 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,764/month

Highlights

  • Marina
  • Sauna
  • Furnished
  • Golf Course Community
  • Marble Flooring
  • Tennis Courts

About This Home

As of March 2024

WALK TO THE BEACH FROM THIS COZY NEWPORT CONDO! THIS 2 BEDROOM, ONE BATHROOM CONDO FEATURES A SPACIOUS LIVING ROOM, KITCHEN AND DINING ROOM. TAKE A QUICK WALK TO DOWNTOWN NEWPORT TO EXPLORE ALL THIS SEASIDE CITY HAS TO OFFER!

Last Agent to Rent the Property

Connor Dowd

Keller Williams Coastal License #B16208 Listed on: 01/26/2024

Keller Williams Coastal

Last Renter's Agent

Heather Mason

Serhant New England License #RES.0047589

Serhant New England

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

HOA Fees

  • Property has a Home Owners Association

Home Design

  • Entry on the 1st floor
  • Clapboard

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Sauna

Kitchen

  • Oven
  • Range

Flooring

  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 2 Parking Spaces
  • Unassigned Parking

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Baseboard Heating

Listing and Financial Details

  • Property Available on 1/26/24
  • 12 Month Lease Term
  • Assessor Parcel Number 245EUSTISAVANEWP

Community Details

Overview

  • 5 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

HOA Fees

$346 per month

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-01-26
  • Security Deposit: 2800.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 1100.0
  • Building Name: North Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Sauna
  • Appliances: Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate, Marble
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1100.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard

Garage/Parking

  • Parking Features: Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Laundry Facilities, Parking, Sewer, Water
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 245EUSTISAVANEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2024
Closed on
Jan 5, 2024
Sold by
Armstrong Stephen T
Bought by
Ransom Gabriel and Ransom Tara
Seller's Agent
Connor Dowd
Keller Williams Coastal
Buyer's Agent
Heather Mason
Serhant New England
Sold Price
$2,800
Views
28
Current Estimated Value
$768,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$765,940
Avg. Annual Appreciation
16.76%
Original Mortgage
$379,500
Outstanding Balance
$372,517
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,223

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jan 14, 2021
Sold by
Giacobbi Nicholas A
Bought by
Armstrong Stephen T
Seller's Agent
Lee Caouette
RI Real Estate Services
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$399,000
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jan 28, 2019
Sold by
245 Eustis Ave Llc
Bought by
Giacobbi Nicholas A
Seller's Agent
Lauren Swanson
RE/MAX Professionals
Buyer's Agent
The Luxury Group
HomeSmart Professionals
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.83%
Original Mortgage
$285,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 25, 2016
Closed on
May 16, 2016
Sold by
Parmenter Jackson C
Bought by
245 Eustis Ave Llc
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Cliff Nulman
Keller Williams Coastal
List Price
$219,000
Sold Price
$214,500
Premium/Discount to List
-$4,500
-2.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.57%
Original Mortgage
$205,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2001
Sold by
Stumborg Michael F
Bought by
Hunt William D and Hunt Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1998
Sold by
Balbo Anne Marie J
Bought by
Stumborg Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ransom Gabriel $559,500 None Available
Armstrong Stephen T $420,000 None Available
Giacobbi Nicholas A $325,000 --
245 Eustis Ave Llc -- --
Parmenter Jackson C $214,500 --
Hunt William D $157,500 --
Stumborg Michael F $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ransom Gabriel $379,500
Previous Owner Armstrong Stephen T $399,000
Previous Owner Giacobbi Nicholas A $285,000
Previous Owner Parmenter Jackson C $205,000
Previous Owner Stumborg Michael F $107,500
Previous Owner Stumborg Michael F $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Off Market $214,500 -- --
03/02/2024 03/02/24 Rented $2,800 0.0% --
03/01/2024 03/01/24 Under Contract -- -- --
02/12/2024 02/12/24 Price Changed $2,800 -3.4% $3 / Sq Ft
01/26/2024 01/26/24 For Rent $2,900 0.0% --
01/08/2024 01/08/24 Sold $559,500 -2.7% $509 / Sq Ft View Prior Sale
12/21/2023 12/21/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $575,000 0.0% $523 / Sq Ft
10/08/2022 10/08/22 Rented $2,800 0.0% --
10/02/2022 10/02/22 Under Contract -- -- --
09/26/2022 09/26/22 For Rent $2,800 0.0% --
01/21/2021 01/21/21 Sold $420,000 -1.2% $393 / Sq Ft View Prior Sale
12/22/2020 12/22/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $424,900 +30.7% $397 / Sq Ft
01/29/2019 01/29/19 Sold $325,000 0.0% $304 / Sq Ft View Prior Sale
12/30/2018 12/30/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $325,000 +51.5% $304 / Sq Ft
05/16/2016 05/16/16 Sold $214,500 -2.1% $201 / Sq Ft View Prior Sale
04/16/2016 04/16/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $219,000 -- $205 / Sq Ft
Source: State-Wide MLS

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 $5,064 $582,800 $0 $582,800
2024 $4,791 $582,800 $0 $582,800
2023 $3,774 $380,400 $0 $380,400
2022 $3,656 $380,400 $0 $380,400
2021 $3,549 $380,400 $0 $380,400
2020 $2,101 $204,400 $0 $204,400
2019 $2,101 $204,400 $0 $204,400
2018 $2,042 $204,400 $0 $204,400
2017 $3,366 $300,300 $0 $300,300
2016 $3,282 $300,300 $0 $300,300
2015 $3,204 $300,300 $0 $300,300
2014 $3,165 $262,400 $0 $262,400
Source: Public Records

Agents Affiliated with this Home

  • Connor Dowd

    Landlord's Agent in 2024

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    2 in this area

    379 Total Sales

    Connor Dowd
    Section Image
  • Chad Kritzas

    Seller's Agent in 2024

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    6 in this area

    192 Total Sales

    Chad Kritzas
    Section Image

  • H

    Tenant's Agent in 2024

    Heather Mason

    Serhant New England

    (781) 913-9475

    9 Total Sales

    Heather Mason
    Section Image

  • R

    Buyer's Agent in 2024

    Roselina Perlini

  • Rosie Perlini

    Buyer's Agent in 2024

    Rosie Perlini

    Compass

    (401) 339-4110

    1 in this area

    35 Total Sales

    Rosie Perlini
    Section Image

  • L

    Buyer's Agent in 2022

    Lizbeth Kirwin

    Keller Williams Rlty Newport

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1351659

State-Wide MLS

APN: NEWP-000030-000044-A000000

Rhode Island Newport County Newport 02840 Old Beach

245 Eustis Ave Unit A, Newport, RI

Not Listed for Sale

MultiFamily

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