NOT LISTED FOR SALE

245 Eustis Ave Unit A Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $562,000 - $808,000

1 Bed
1 Bath
1,100 Sq Ft
$633/Sq Ft Est. Value

Last Sold January 08, 2024

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

Est. 24% increase in value since last sale

Current estimated payment $4,083/month

Highlights

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

About This Home

As of March 2024

Welcome to this charming garden level condo in Newport! The gourmet kitchen boasts carrara marble and stainless steel appliances, perfect for culinary enthusiasts. Enjoy the built-in banquette seating, wet bar, and wine fridge, perfect for entertaining guests. The updated bathroom features double sinks, ship-lap accent walls, and a marble tiled walk-in shower. The combo washer/dryer and infrared sauna (in unit) add convenience and luxury. Some additional features include ductless A/C, off-street parking, and shared rooftop deck with stunning water views. Just steps away from the Newport Cliffwalk and Easton's Beach, this condo offers the ideal coastal lifestyle.

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

Coldwell Banker Realty License #RES.0047589

Coldwell Banker Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,064

Year Built

  • Built in 1900

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

  • Property has a Home Owners Association
  • 5 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,064

Year Built

Built in 1900

Lot Details

0

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
Coldwell Banker Realty
Sold Price
$2,800
Views
28
Current Estimated Value
$695,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,044
Avg. Annual Appreciation
12.88%
Original Mortgage
$379,500
Outstanding Balance
$373,191
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$322,653

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:

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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
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
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 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 $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

    395 Total Sales

    Connor Dowd
    Section Image
  • Chad Kritzas

    Seller's Agent in 2024

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    7 in this area

    199 Total Sales

    Chad Kritzas
    Section Image

  • H

    Tenant's Agent in 2024

    Heather Mason

    Coldwell Banker Realty

    (781) 913-9475

    7 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
  • Libby Kirwin

    Buyer's Agent in 2022

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    8 in this area

    51 Total Sales

    Libby Kirwin
    Section Image
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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

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