NOT LISTED FOR SALE

34 Farewell St Unit 6 Newport, RI 02840

Estimated Value: $358,000 - $531,000

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

Last Sold March 01, 2013

Last sale price $143,000 $294 Per Sq Ft

Est. 224% increase in value since last sale

Current estimated payment $2,864/month

43 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Living Room
  • Wood Flooring
  • Cul-De-Sac
  • 3-minute walk to Cardines Field

About This Home

As of March 2013

A great deal in Downtown Newport! One bedroom, 2nd floor condo just off Thames St was recently renovated and features hardwood floors throughout, gas heat, and high ceilings. Professionally managed association. Great Newport location !!

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 12/17/2012

Last Buyer's Agent

Chad Kritzas

HomeSmart Professionals Listed on: 12/17/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,252

Year Built

  • Built in 1860

HOA Fees

  • $165 Monthly HOA Fees

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 486 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Basement

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

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Cul-De-Sac

Listing and Financial Details

  • Tax Lot 328
  • Assessor Parcel Number 3436FAREWELLST6NEWP

Community Details

Overview

  • 6 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,252

Year Built

Built in 1860

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 486.0
  • Building Name: Farewell St Condos
  • 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: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 486.0
  • Dining Room Type: Kitchen, Living Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 3436FAREWELLST6NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1252.0
  • Tax Lot: 328
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2017
Sold by
Robertson-Omalley Sarah
Bought by
Connor Kristen B
Current Estimated Value
$463,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,150
Outstanding Balance
$140,554
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,826

Purchase Details

Listed on
Dec 17, 2012
Closed on
Mar 1, 2013
Sold by
Florio Venus
Bought by
Robertson-Omalley Sarah
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$140,000
Sold Price
$143,000
Premium/Discount to List
$3,000
2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
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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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
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 Change Sq Ft Price
03/01/2013 03/01/13 Sold $143,000 +2.1% $294 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
12/17/2012 12/17/12 For Sale $140,000 -- $288 / 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 $2,064 $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

  • Chad Kritzas

    Seller's Agent in 2013

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    8 in this area

    218 Total Sales

    Chad Kritzas
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Map

Source: State-Wide MLS

MLS Number: 1030704

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 17 December 2012 and is currently estimated at $463,854, approximately $954 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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