NOT LISTED FOR SALE

245 Eustis Ave Unit A Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $612,000 - $725,435

1 Bed
1 Bath
1,100 Sq Ft
$586/Sq Ft Est. Value

Last Sold January 08, 2024

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

Est. 15% increase in value since last sale

Current estimated payment $3,979/month

About This Home

As of January 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.

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
$645,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,309
Avg. Annual Appreciation
10.24%
Original Mortgage
$379,500
Outstanding Balance
$374,186
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$270,923

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:

Collateral Analytics

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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 $284,000
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 Change Sq Ft Price
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
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
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
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
04/16/2016 04/16/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $219,000 -- $205 / Sq Ft

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 $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

    Seller's Agent in 2024

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    2 in this area

    406 Total Sales

    Connor Dowd
    Section Image
  • Chad Kritzas

    Seller's Agent in 2024

    Chad Kritzas

    HomeSmart Professionals

    7 in this area

    228 Total Sales

    Chad Kritzas
    Section Image

  • H

    Buyer's Agent in 2024

    Heather Mason

    Coldwell Banker Realty

    (781) 913-9475

    5 Total Sales

    Heather Mason
    Section Image

  • R

    Buyer's Agent in 2024

    Roselina Perlini

  • Rosie Perlini

    Buyer's Agent in 2024

    Rosie Perlini

    Compass / Lila Delman Compass

    (401) 339-4110

    1 in this area

    34 Total Sales

    Rosie Perlini
    Section Image
  • Libby Kirwin

    Buyer's Agent in 2022

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    6 in this area

    58 Total Sales

    Libby Kirwin
    Section Image
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Map

Rhode Island Newport County Newport 02840 Old Beach

245 Eustis Ave Unit A, Newport, RI

This home is located at 245 Eustis Ave Unit A, Newport, RI 02840 and is currently estimated at $645,109, approximately $586 per square foot. 245 Eustis Ave Unit A 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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