$420,000
SOLD JAN 21, 2021

245 Eustis Ave Unit A Newport, RI 02840

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

Recently Sold

$393 Per Sq Ft

1% Below List Price

202 Days on Market

Highlights

  • Marina
  • Beach Access
  • Tennis Courts
  • Water Views
  • Golf Course Community
  • Skylights

About This Home

As of January 2024

Just steps from Newport's famed Cliff Walk and Easton's Beach, this stylishly renovated garden level condo offers a modern and spacious open living concept. Enjoy entertaining at your beautiful Carrara marble wet bar with wine fridge. The new high quality kitchen offers cozy and convenient banquette seating, Carrera marble counter tops, large island and stainless appliances.
A beautifully designed bathroom boasts double sinks, ship-lap accent walls, a huge marble tiled walk in shower and combo washer/dryer. Enjoy absolutely amazing views from a shared roof deck overlooking Easton's Beach and Pond. Ductless AC will keep you cool on those hot summer days. Off street parking and minutes to everything Newport, RI has to offer.
Currently set up as a 1 bedroom but can be converted to a 2 bedroom if desired.

Last Agent to Sell the Property

Lee Caouette

RI Real Estate Services License #RES.0034277 Listed on: 06/02/2020

RI Real Estate Services

Last Buyer's Agent

Chad Kritzas

HomeSmart Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,101

Year Built

  • Built in 1900

HOA Fees

  • $346 Monthly HOA Fees

Home Design

  • Clapboard

Interior Spaces

  • 1,069 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Skylights
  • Water Views
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 245EUSTISAVANEWP

Community Details

Overview

  • Cliff Walk Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,101

Year Built

Built in 1900

Lot Details

0

HOA Fees

$346 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Cliff Walk
  • Above Grade Finished Sq Ft: 1069.0
  • Building Name: North Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Interior Entry, None, Unfinished
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Wet Bar, Skylights, Tub Shower
  • Living Area: 1069.0
  • Stories: 4
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Fuses
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, 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

Tax Info

  • Tax Annual Amount: 2101.2
  • Tax Lot: 44
  • Tax Year: 2020

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
9.00%
Original Mortgage
$379,500
Outstanding Balance
$374,186
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$264,687

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: 1255205

State-Wide MLS

APN: NEWP-000030-000044-A000000