NOT LISTED FOR SALE

35 Chastellux Ave Unit L Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $825,000 - $1,091,000

2 Beds
2 Baths
1,350 Sq Ft
$1,210/mo HOA Fee

Last Sold March 06, 2023

Last sale price $793,500 $588 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,889/month

105 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 4 Acre Lot
  • Water Views
  • In Ground Pool
  • Deck

About This Home

As of March 2023

Located in one of Newport's most coveted areas with views of Newport Harbor, "The Chalet" sits at the highest point on Chastellux Avenue on 4 acres of private, estate-like grounds. The "swiss-style" architecture was designed by Richard Morris Hunt and is on the National Register of Historic Places. Converted into 12 condos in the early 80's, this penthouse unit includes 2 floors of living with a bedroom and full bath on each level and a large, private deck with views of Newport Harbor. Freshly painted throughout with plenty of southern exposure, hardwood floors, updated kitchen with wet bar, decorative fireplace, ductless A/C on each level and pool, pool cabana and clay tennis court. Additionally, there is basement storage, garage storage for bikes and paddleboards and ample parking with easy access to the yacht clubs and town.

Last Agent to Sell the Property

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933 Listed on: 11/17/2022

Gustave White Sotheby's Realty

Last Buyer's Agent

Kimberly Doherty

Lila Delman Compass License #RES.0030805

Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,428

Year Built

  • Built in 1898

Lot Details

  • 4

HOA Fees

  • $1,210 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,350 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Skylights
  • Storage Room
  • Utility Room
  • Water Views

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

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 12 Parking Spaces
  • No Garage
  • Unassigned Parking

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Baseboard Heating
  • Underground Utilities
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 35CHASTELLUXAVLNEWP

Community Details

Overview

  • Association fees include ground maintenance, parking, pool(s), sewer, snow removal, tennis courts, trash, water
  • 12 Units
  • Nyyc/Ida Lewis Subdivision

Amenities

  • Shops
  • Community Storage Space

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,428

Year Built

Built in 1898

Lot Details

0

HOA Fees

$1,210 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 4.0
  • Subdivision Name: NYYC/Ida Lewis
  • Above Grade Finished Sq Ft: 1350.0
  • Building Name: The Chalet
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1898
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Wet Bar, Skylights, Tub Shower
  • Living Area: 1350.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 4
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Tennis Court(s)
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Storage
  • Association Fee: 1210.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Pool(s), Sewer, Snow Removal, Tennis Courts, Trash, Water

Lot Info

  • Lot Size Sq Ft: 174240.0
  • Parcel #: 35CHASTELLUXAVLNEWP
  • Zoning: R120
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 5428.0
  • Tax Lot: 003
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Joseph C Hoopes Jr Ret and Hoopes
Bought by
Gray Elizabeth T
Current Estimated Value
$959,448

Purchase Details

Closed on
Jul 3, 2000
Sold by
Murphy Mark L and Chastellux Millennium
Bought by
Towse Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.59%
Mortgage Type
Purchase Money Mortgage
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
Gray Elizabeth T $695,000 None Available
Towse Robert C $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Towse Robert C $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $793,500 -9.3% $588 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
11/17/2022 11/17/22 For Sale $875,000 0.0% $648 / Sq Ft
03/23/2018 03/23/18 Rented $2,600 0.0% --
02/21/2018 02/21/18 Under Contract -- -- --
01/30/2018 01/30/18 For Rent $2,600 +30.0% --
05/19/2015 05/19/15 Rented $2,000 -9.1% --
04/19/2015 04/19/15 Under Contract -- -- --
03/22/2015 03/22/15 For Rent $2,200 +10.0% --
04/03/2014 04/03/14 Rented $2,000 0.0% --
03/04/2014 03/04/14 Under Contract -- -- --
02/27/2014 02/27/14 For Rent $2,000 -- --
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 $6,806 $828,000 $0 $828,000
2023 $5,604 $564,900 $0 $564,900
2022 $5,429 $564,900 $0 $564,900
2021 $5,271 $564,900 $0 $564,900
2020 $5,037 $490,000 $0 $490,000
2019 $5,037 $490,000 $0 $490,000
2018 $4,895 $490,000 $0 $490,000
2017 $4,014 $358,100 $0 $358,100
2016 $3,914 $358,100 $0 $358,100
2015 $3,821 $358,100 $0 $358,100
2014 $3,944 $327,000 $0 $327,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1325216

State-Wide MLS

APN: NEWP-000042-000003-L000000