NOT LISTED FOR SALE

34 Farewell St Unit 4 Newport, RI 02840

Estimated Value: $286,000 - $504,000

1 Bed
1 Bath
396 Sq Ft
$185/mo HOA Fee

Last Sold April 18, 2022

Last sale price $235,000 $593 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,525/month

27 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Furnished
  • Cathedral Ceiling
  • Attic
  • 3-minute walk to Cardines Field

About This Home

As of April 2022

This perfect second floor studio condo is conveniently located close to the bridge, and downtown shops and restaurants, and Goat Island. It is clean and bright, with high ceilings, hardwood floors, and large windows to let lots of natural light pour in. Whip up dinner in your kitchen, or walk to the end of the street to many other options. This condo has been impeccably maintained, and has a full bathroom with a shower, a shared backyard, basement for storage and shared laundry. Newer water heater, sewer line, roof and exterior paint as well. Come see this adorable space!

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 03/21/2022

RE/MAX Results

Last Buyer's Agent

Jeff Brooks

Hogan Associates Christie's License #RES.0034174

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,665

Year Built

  • Built in 1860

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 396 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Cathedral Ceiling
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 328
  • Assessor Parcel Number 3436FAREWELLST4NEWP

Community Details

Overview

  • Association fees include laundry, sewer, snow removal, water
  • 6 Units

Amenities

  • Shops
  • Public Transportation
  • Community Storage Space

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,665

Year Built

Built in 1860

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Unit owners may have one household pet (cat or small dog)
  • Above Grade Finished Sq Ft: 396.0
  • Building Name: Farewell House Condominiums
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1860
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), Tub Shower, Furnished
  • Living Area: 396.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Masonry
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Individual
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area, Storage
  • Association Fee: 185.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Laundry, Sewer, Snow Removal, Water

Lot Info

  • Parcel #: 3436FAREWELLST4NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1665.0
  • Tax Lot: 328
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2022
Closed on
Apr 13, 2022
Sold by
Harrison Barry L
Bought by
Hadeler Peter G
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Jeff Brooks
Hogan Associates Christie's
List Price
$235,000
Sold Price
$235,000
Current Estimated Value
$398,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,769
Avg. Annual Appreciation
15.73%

Purchase Details

Closed on
Jul 12, 2018
Sold by
Harrison Barry L and Harrison Kathleen G
Bought by
Harrison Barry L

Purchase Details

Listed on
Apr 3, 2012
Closed on
May 18, 2012
Sold by
Harrison Barry L
Bought by
Harrison Barry L and Harrison Kathleen G
Seller's Agent
Chuck Spencer
Hogan Associates Christie's
Buyer's Agent
Judy Howard
Keller Williams Coastal
List Price
$77,900
Sold Price
$75,000
Premium/Discount to List
-$2,900
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%
Original Mortgage
$37,500
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2012
Sold by
Lynch Sarah W
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Hadeler Peter G $235,000 None Available
Harrison Barry L -- --
Harrison Barry L -- --
Harrison Barry L -- --
Federal National Mortgage Association $118,006 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Federal National Mortgage Association $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $235,000 0.0% $593 / Sq Ft
03/21/2022 03/21/22 For Sale $235,000 +213.3% $593 / Sq Ft
05/21/2012 05/21/12 Sold $75,000 -3.7% $189 / Sq Ft
04/21/2012 04/21/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $77,900 -- $197 / 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 $2,000 $243,300 $0 $243,300
2023 $1,771 $178,500 $0 $178,500
2022 $1,715 $178,500 $0 $178,500
2021 $1,665 $178,500 $0 $178,500
2020 $1,576 $153,300 $0 $153,300
2019 $1,576 $153,300 $0 $153,300
2018 $1,531 $153,300 $0 $153,300
2017 $1,414 $126,100 $0 $126,100
2016 $1,378 $126,100 $0 $126,100
2015 $1,345 $126,100 $0 $126,100
2014 $1,364 $113,100 $0 $113,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2022

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    61 in this area

    697 Total Sales

    Joe Fitzpatrick
    Section Image
  • Jeff Brooks

    Buyer's Agent in 2022

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    11 in this area

    132 Total Sales

    Jeff Brooks
    Section Image
  • Chuck Spencer

    Seller's Agent in 2012

    Chuck Spencer

    Hogan Associates Christie's

    (401) 862-7324

    2 in this area

    7 Total Sales

    Chuck Spencer
    Section Image

  • J

    Buyer's Agent in 2012

    Judy Howard

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1305545

State-Wide MLS

APN: NEWP-000017-000328-000004

Rhode Island Newport County Newport 02840

34 Farewell St Unit 4, Newport, RI

This home is located at 34 Farewell St Unit 4, Newport, RI 02840 since 21 March 2022 and is currently estimated at $398,769, approximately $1,006 per square foot. This property was built in 1860. 34 Farewell St Unit 4 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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