NOT LISTED FOR SALE

26 W Narragansett Ave Unit 6 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $615,000 - $1,256,000

2 Beds
2 Baths
1,227 Sq Ft
$664/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $520,000 $424 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,027/month

113 Days on Market

Highlights

  • Marina
  • Attic
  • Walking Distance to Water
  • Wood Flooring
  • Tennis Courts
  • 2-minute walk to Spencer Park

About This Home

As of March 2023

Great location - walking distance to the heart of downtown Newport; to King's Park where you can enjoy the beautiful views of Newport Harbor and beach; to historic Bellevue Avenue and the elegant Mansions, to Salve University and much more. Open Floor plan with large ceilings, Eat in Kitchen equipped with stainless steel appliances, full laundry closet, 2 Bathrooms. Primary Bedroom with sliders that open to deck. 2 assigned parking spaces. Outstanding rental history. Ideal opportunity to live or rent.

Last Agent to Sell the Property

Mary Shekarchi

SHAWOMET REALTY COMPANY License #REC.0014559 Listed on: 11/03/2022

Last Buyer's Agent

Paul & Jane Fleming

William Raveis Inspire License #RES.0034383

William Raveis Inspire

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,100

Year Built

  • Built in 1982

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Entry on the 6th floor
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,227 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Fenced

Listing and Financial Details

  • Tax Lot 324-06
  • Assessor Parcel Number 2630WESTNARRAGANSETTAV6NEWP

Community Details

Overview

  • Association fees include parking, snow removal, trash
  • 14 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,100

Year Built

Built in 1982

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1227.0
  • Building Name: Misty Harbor
  • Entry Level: 6
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1982
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Skylights, Tub Shower
  • Living Area: 1227.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Slab

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 325.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Parking, Snow Removal, Trash

Lot Info

  • Parcel #: 2630WESTNARRAGANSETTAV6NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 14

Tax Info

  • Tax Annual Amount: 3100.0
  • Tax Lot: 324-06
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Mar 31, 2023
Sold by
Shekarchi Mary B
Bought by
Fleming Christopher P and Crouthamel Jeremy C
Seller's Agent
Mary Shekarchi
SHAWOMET REALTY COMPANY
Buyer's Agent
Paul & Jane Fleming
William Raveis Inspire
List Price
$564,900
Sold Price
$520,000
Premium/Discount to List
-$44,900
-7.95%
Current Estimated Value
$815,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,282
Avg. Annual Appreciation
19.54%
Original Mortgage
$416,000
Outstanding Balance
$402,831
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$412,451
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
Fleming Christopher P $520,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fleming Christopher P $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2023 03/31/23 Sold $520,000 -7.9% $424 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
11/03/2022 11/03/22 For Sale $564,900 -- $460 / 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 $4,351 $500,800 $0 $500,800
2024 $4,117 $500,800 $0 $500,800
2023 $3,296 $332,300 $0 $332,300
2022 $3,193 $332,300 $0 $332,300
2021 $3,100 $332,300 $0 $332,300
2020 $2,828 $275,100 $0 $275,100
2019 $2,828 $275,100 $0 $275,100
2018 $2,748 $275,100 $0 $275,100
2017 $3,048 $271,900 $0 $271,900
2016 $2,972 $271,900 $0 $271,900
2015 $2,901 $271,900 $0 $271,900
2014 $2,481 $205,700 $0 $205,700
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mary Shekarchi

    SHAWOMET REALTY COMPANY

    (401) 828-4028

    1 in this area

    32 Total Sales

    Mary Shekarchi
    Section Image

  • P

    Buyer's Agent in 2023

    Paul & Jane Fleming

    William Raveis Inspire

    (401) 848-2300

    1 in this area

    3 Total Sales

    Paul & Jane Fleming
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1323524

State-Wide MLS

APN: NEWP-000039-000324-000006

Rhode Island Newport County Newport 02840 Fifth Ward

26 W Narragansett Ave Unit 6, Newport, RI

This home is located at 26 W Narragansett Ave Unit 6, Newport, RI 02840 since 03 November 2022 and is currently estimated at $815,282, approximately $664 per square foot. This property was built in 1982. 26 W Narragansett Ave Unit 6 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.

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