NOT LISTED FOR SALE

38 Bellevue Ave Unit 3 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $714,370 - $850,000

2 Beds
2 Baths
958 Sq Ft
$361/mo HOA Fee

Last Sold October 11, 2019

Last sale price $415,000 $433 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,789/month

31 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Recreation Facilities
  • Water Views
  • Wood Flooring
  • 3-minute walk to Touro Park

About This Home

As of October 2019

Location!Location!Location! Located on Bellevue Avenue in the Historic District inside the renown Meunchinger-King Building, this 2 bed 2 full bath, open floor plan condo- with harbor view from its large deck- is a light and bright gem for a great home or weekend getaways. Its remarkable large windows keep all the rooms with abundant light throughout the entire day. Flanked by the bedrooms and beautiful hardwood floors- each with ensuite baths- the open floor plan kitchen and living room flows out to the 350 sq ft private deck. With unobstructed views to Trinity Church and the harbor beyond this condo commands more outdoor space than any around. A retractable awning provides provides sun protection and the deck becomes and additional room in the warm summer nights. In addition to its neighbors, The Hotel Viking and The Redwood Library, its just a short walk west to all the area restaurants and shopping on Thames St and the wharfs. Turn south and walk two blocks to The Newport Art Museum, 4 blocks to The Tennis Hall of fame as well as the Bellevue Avenue shops. Walk north a few blocks and you are at The Cliff Walk and First Beach. When living at this condo, walking becomes the preferred way to navigate the streets of Newport throughout the busy seasons. This condominium has assigned private parking and ample storage to complete the offering. Sewer and water are included in the fee. Don't miss this one!

Last Agent to Sell the Property

Eric Kirton

Lila Delman Compass License #REB.0018697 Listed on: 08/10/2019

Last Buyer's Agent

Michelle Drum

Gustave White Sotheby's Realty License #REB.0013061

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,682

Year Built

  • Built in 1913

HOA Fees

  • $361 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 958 Sq Ft Home
  • 1-Story Property
  • Water Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 62
  • Assessor Parcel Number 38BELLEVUEAV3NEWP

Community Details

Overview

  • 13 Units
  • Bellevue Avenue 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

$2,682

Year Built

Built in 1913

Lot Details

0

HOA Fees

$361 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Bellevue Avenue
  • Above Grade Finished Sq Ft: 958.0
  • Building Name: MK Building
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More, One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1913
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Living Area: 958.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 361.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 38BELLEVUEAV3NEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 13

Tax Info

  • Tax Annual Amount: 2682.0
  • Tax Lot: 62
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2019
Closed on
Oct 11, 2019
Sold by
Mary H Works 1990 Ret
Bought by
Saunders John T and Bogan Vicki L
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Michelle Drum
Gustave White Sotheby's Realty
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%
Current Estimated Value
$763,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,593
Avg. Annual Appreciation
10.81%
Original Mortgage
$332,000
Outstanding Balance
$290,849
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,744

Purchase Details

Closed on
Jul 2, 2012
Sold by
Works Charles E and Works Mary H
Bought by
Mary H Works Ret
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
Saunders John T $415,000 --
Mary H Works Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders John T $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $415,000 -1.2% $433 / Sq Ft
09/11/2019 09/11/19 Pending -- -- --
08/10/2019 08/10/19 For Sale $420,000 0.0% $438 / Sq Ft
05/16/2016 05/16/16 For Rent $5,000 0.0% --
05/16/2016 05/16/16 Rented $5,000 -- --
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
2025 $4,749 $546,600 $0 $546,600
2024 $4,471 $543,900 $0 $543,900
2023 $3,587 $361,600 $0 $361,600
2022 $3,475 $361,600 $0 $361,600
2021 $3,359 $360,000 $0 $360,000
2020 $2,760 $268,500 $0 $268,500
2019 $2,760 $268,500 $0 $268,500
2018 $2,682 $268,500 $0 $268,500
2017 $2,568 $229,100 $0 $229,100
2016 $2,504 $229,100 $0 $229,100
2015 $2,444 $229,100 $0 $229,100
2014 $3,238 $268,500 $0 $268,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1231576

State-Wide MLS

APN: NEWP-000025-000062-000003