NOT LISTED FOR SALE

38 Bellevue Ave Unit 2 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $870,000 - $1,038,000

2 Beds
2 Baths
1,227 Sq Ft
$446/mo HOA Fee

Last Sold October 13, 2016

Last sale price $445,000 $363 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $5,882/month

269 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Balcony
  • Deck
  • Tennis Courts
  • 3-minute walk to Touro Park

About This Home

As of October 2016

WALK TO EVERYTHING FROM THIS BELLEVUE AVE GEM WITH AMBIANCE AND DECOR. 2 BRS EACH WITH BATH, GRANITE KITCHEN WITH STAINGLASS,STAINLESS APLS, WINE BAR WITH COOLER, HARDWOOD FLOORS, 400+SQFT OF DECKS, WATER PEAK DOWN CHURCH ST., OFF STREET PARKING

Last Agent to Sell the Property

Genevieve Croll

RE/MAX Profnl. Newport, Inc. License #REB.0012739 Listed on: 12/18/2015

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Jeanne Allen

William Raveis Inspire License #REB.0013436

William Raveis Inspire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,927

Year Built

  • Built in 1840

Lot Details

  • Cul-De-Sac

HOA Fees

  • $446 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,227 Sq Ft Home
  • Dry Bar
  • Fireplace Features Masonry
  • Living Room
  • Dining Room
  • Storage Room
  • Laundry Room
  • Utility Room
  • Water Views
  • Intercom

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 38BELLEVUEAV2NEWP

Community Details

Overview

  • 21 Units
  • Viking Hotel/Reading Room Subdivision
  • 5-Story Property

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,927

Year Built

Built in 1840

Lot Details

0

HOA Fees

$446 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: VIKING HOTEL/READING ROOM
  • Above Grade Finished Sq Ft: 1227.0
  • Building Name: MK Building
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 5
  • Year Built: 1840
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 5

Interior Features

  • Appliances: Common Water Heater, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Other Equipment: Intercom
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: Second Floor Access
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Dry Bar, Cable TV
  • Living Area: 1227.0
  • Dining Room Type: Bathroom, Dining Room, Foyer, Kitchen, Laundry, Living Room, Primary Bedroom, Storage Room, Utility Room
  • Stories: 5
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Wood Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Separate Meters
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 446.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 38BELLEVUEAV2NEWP
  • Zoning: GB

Multi Family

  • Number Of Units In Community: 21

Tax Info

  • Tax Annual Amount: 2927.0
  • Tax Lot: 62
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2015
Closed on
Oct 13, 2016
Sold by
Good John T and Good Sandra A
Bought by
Culver Leah
Seller's Agent
Genevieve Croll
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Jeanne Allen
William Raveis Inspire
List Price
$469,000
Sold Price
$445,000
Premium/Discount to List
-$24,000
-5.12%
Current Estimated Value
$938,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,183
Avg. Annual Appreciation
8.52%
Original Mortgage
$267,000
Outstanding Balance
$210,024
Interest Rate
2.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$728,159

Purchase Details

Closed on
Apr 5, 2004
Sold by
Guidone Elizabeth and Guidone Paul
Bought by
Good John and Good Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2002
Sold by
Hendersen John D and Hendersen Linda
Bought by
Coe Douglas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
6.85%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Cahill Thomas F
Bought by
Righi Bradley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
8.4%

Purchase Details

Closed on
Dec 11, 1995
Sold by
Hyman Andrew Al
Bought by
Cahill Thomas F and Cahill Simone
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Culver Leah $445,000 --
Good John $445,000 --
Coe Douglas B $192,000 --
Righi Bradley J $210,000 --
Cahill Thomas F $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Culver Leah $267,000
Previous Owner Cahill Thomas F $245,000
Previous Owner Cahill Thomas F $172,800
Previous Owner Cahill Thomas F $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $445,000 -5.1% $363 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
12/18/2015 12/18/15 For Sale $469,000 -- $382 / 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 $5,968 $686,800 $0 $686,800
2024 $5,618 $683,500 $0 $683,500
2023 $4,483 $451,900 $0 $451,900
2022 $4,343 $451,900 $0 $451,900
2021 $4,216 $451,900 $0 $451,900
2020 $4,209 $409,400 $0 $409,400
2019 $4,209 $409,400 $0 $409,400
2018 $4,090 $409,400 $0 $409,400
2017 $3,075 $274,300 $0 $274,300
2016 $2,998 $274,300 $0 $274,300
2015 $2,927 $274,300 $0 $274,300
2014 $3,880 $321,700 $0 $321,700
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Genevieve Croll

    RE/MAX Profnl. Newport, Inc.

    Section Image
  • Jeanne Allen

    Buyer's Agent in 2016

    Jeanne Allen

    William Raveis Inspire

    (401) 864-2752

    6 Total Sales

    Jeanne Allen
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1114485

State-Wide MLS

APN: NEWP-000025-000062-000002

Rhode Island Newport County Newport 02840 Old Beach

38 Bellevue Ave Unit 2, Newport, RI

Not Listed for Sale

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