$214,500
SOLD MAY 16, 2016

245 Eustis Ave Unit A Newport, RI 02840

Old Beach Neighborhood
2 Beds
1 Bath
1,069 Sq Ft
$346/mo HOA Fee

Recently Sold

$201 Per Sq Ft

2% Below List Price

50 Days on Market

Highlights

  • Ocean Front
  • Tennis Courts
  • Shops
  • Beach Access
  • Public Transportation
  • Property near a hospital

About This Home

As of January 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 Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 02/25/2016

Last Buyer's Agent

Cliff Nulman

Keller Williams Coastal License #REB.0016929

Keller Williams Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 1900

HOA Fees

  • $346 Monthly HOA Fees

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,069 Sq Ft Home
  • 2-Story Property
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Parquet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Ocean Front
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 044
  • Assessor Parcel Number 245EUSTISAVANEWP

Community Details

Overview

  • 5 Units
  • Cliff Walk Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,621

Year Built

Built in 1900

Lot Details

0

HOA Fees

$346 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: KELW02
  • Co List Office Phone: 401-845-9200
  • Subdivision Name: CLIFF WALK
  • Above Grade Finished Sq Ft: 1069.0
  • Building Name: NORTH COTTAGE
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate, Parquet
  • Interior Amenities: Cable TV
  • Living Area: 1069.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Ocean Front, Walk to Water
  • Waterfront: Yes
  • Construction Type: Clapboard, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 346.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 245EUSTISAVANEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 3621.0
  • Tax Lot: 044
  • Tax Year: 2015

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
$707,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$704,607
Avg. Annual Appreciation
16.69%
Original Mortgage
$379,500
Outstanding Balance
$374,186
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,221

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

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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 $559,500 None Available
Warranty Deed $420,000 None Available
Deed $325,000 --
Warranty Deed -- --
Warranty Deed $214,500 --
Deed $157,500 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,500 Purchase Money Mortgage
Previous Owner $399,000 Purchase Money Mortgage
Previous Owner $284,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $285,000 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $107,500 Purchase Money Mortgage
Previous Owner $95,000 Purchase Money Mortgage
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
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 $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

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Map

Source: State-Wide MLS

MLS Number: 1118548

State-Wide MLS

APN: NEWP-000030-000044-A000000