NOT LISTED FOR SALE

34 Farewell St Unit 6 Newport, RI 02840

Estimated Value: $438,000 - $547,000

1 Bed
1 Bath
486 Sq Ft
$165/mo HOA Fee

Last Sold November 27, 2017

Last sale price $183,500 $378 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,919/month

29 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Recreation Facilities
  • 3-minute walk to Cardines Field

About This Home

As of November 2017

Pied A Terre Perfection! This one bedroom, one bathroom delightful condominium is located in the heart of Newport. Walk to all that Newport has to offer included the waterfront and all its activities! Low condo fees, great ceiling height, large over-sized windows lets the light pour in. Hardwood floors throughout. Turn Key. Perfect investment or owner occupied! Will NOT last!

Last Agent to Sell the Property

Bridgette Soby

Mott & Chace Sotheby's Intl. License #RES.0029660 Listed on: 09/28/2017

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Michelle Gilman

William Raveis Inspire License #RES.0026182

William Raveis Inspire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,576

Year Built

  • Built in 1860

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stone Foundation
  • Wood Siding

Interior Spaces

  • 486 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 328
  • Assessor Parcel Number 34-36FarewellSTNEWP

Community Details

Overview

  • 6 Units
  • Downtown Newport Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,576

Year Built

Built in 1860

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Downtown Newport
  • Above Grade Finished Sq Ft: 486.0
  • Building Name: The Farewell House
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1860
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 486.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 34-36FarewellSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1576.0
  • Tax Lot: 328
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2017
Closed on
Nov 28, 2017
Sold by
Robertson-Omalley Sarah
Bought by
Connor Kristen B
Seller's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Michelle Gilman
William Raveis Inspire
List Price
$184,900
Sold Price
$183,500
Premium/Discount to List
-$1,400
-0.76%
Current Estimated Value
$487,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,963
Avg. Annual Appreciation
13.20%
Original Mortgage
$165,150
Outstanding Balance
$138,934
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,529

Purchase Details

Closed on
Mar 1, 2013
Sold by
Florio Venus
Bought by
Robertson-Omalley Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,400
Interest Rate
3.43%

Purchase Details

Closed on
Jan 7, 2003
Sold by
Brearaway Holdings Llc
Bought by
Farewell Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.08%
Source: Public Records

Range of Values:

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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
Connor Kristen B $183,500 --
Robertson-Omalley Sarah $143,000 --
Farewell Holdings Llc $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connor Kristen B $165,150
Previous Owner Farewell Holdings Llc $114,400
Previous Owner Farewell Holdings Llc $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2017 11/27/17 Sold $183,500 -0.8% $378 / Sq Ft
10/28/2017 10/28/17 Pending -- -- --
09/28/2017 09/28/17 For Sale $184,900 -- $380 / 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 $2,027 $282,300 $0 $282,300
2024 $2,064 $296,100 $0 $296,100
2023 $2,127 $214,400 $0 $214,400
2022 $2,060 $214,400 $0 $214,400
2021 $2,000 $214,400 $0 $214,400
2020 $1,758 $171,000 $0 $171,000
2019 $1,758 $171,000 $0 $171,000
2018 $1,708 $171,000 $0 $171,000
2017 $1,576 $140,600 $0 $140,600
2016 $1,537 $140,600 $0 $140,600
2015 $1,500 $140,600 $0 $140,600
2014 $1,521 $126,100 $0 $126,100
Source: Public Records

Agents Affiliated with this Home

  • Bridgette Soby

    Seller's Agent in 2017

    Bridgette Soby

    Mott & Chace Sotheby's Intl.

    (401) 662-7969

    115 Total Sales

    Bridgette Soby
    Section Image
  • Michelle Gilman

    Buyer's Agent in 2017

    Michelle Gilman

    William Raveis Inspire

    (401) 743-6931

    1 in this area

    12 Total Sales

    Michelle Gilman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1174475

State-Wide MLS

APN: NEWP-000017-000328-000006

Rhode Island Newport County Newport 02840

34 Farewell St Unit 6, Newport, RI

This home is located at 34 Farewell St Unit 6, Newport, RI 02840 since 28 September 2017 and is currently estimated at $487,463, approximately $1,003 per square foot. This property was built in 1860. 34 Farewell St 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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