NOT LISTED FOR SALE

38 Bellevue Ave Unit 6 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $499,000 - $601,000

1 Bed
1 Bath
762 Sq Ft
$306/mo HOA Fee

Last Sold June 01, 2021

Last sale price $317,500 $417 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,564/month

24 Days on Market

Highlights

  • Marina
  • 2 Fireplaces
  • Bathtub with Shower
  • Wood Flooring
  • Intercom
  • 3-minute walk to Touro Park

About This Home

As of June 2021

LOCATION!! LOCATION!!
This lovely one bedroom unit in the well-known MK Building on Historic Hill has two fireplaces, hardwood floors, and view of Newport Harbor. Freshly painted and the windows have been newly reglazed.

Walk to downtown Thames St and everything that Bellevue Ave has to offer, such as the Viking Hotel, Redwood Library, Newport Art Museum and Tennis Hall of Fame. The Cliff Walk and First Beach are just minutes away.

Water and sewer included in condo fee along with assigned off street parking and storage unit.

An incredible opportunity to own a summer getaway or year round residence on Bellevue Ave.

Last Agent to Sell the Property

Maria Civetti

Teri Degnan RE & Consulting License #RES.0042843 Listed on: 04/07/2021

Last Buyer's Agent

Rebecca King

Gustave White Sotheby's Realty License #RES.0035659

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,360

Year Built

  • Built in 1913

HOA Fees

  • $306 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 762 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Storage Room
  • Wood Flooring
  • Intercom

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

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

Listing and Financial Details

  • Tax Lot 062
  • Assessor Parcel Number 38BELLEVUEAV6NEWP

Community Details

Overview

  • 10 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,360

Year Built

Built in 1913

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 762.0
  • Building Name: MK Building
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1913
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Other Equipment: Intercom
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Tile
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 762.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • Amenities: Restaurant
  • Association Fee: 306.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 38BELLEVUEAV6NEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 2360.0
  • Tax Lot: 062
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2021
Sold by
Lyons Ashley L
Bought by
Lyons Ashley L and Lyons Timothy
Current Estimated Value
$538,850

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 1, 2021
Sold by
Dora Andrew F and Frate-Dora Bonnie
Bought by
Lyons Ashley L
Seller's Agent
Maria Civetti
Teri Degnan RE & Consulting
Buyer's Agent
Rebecca King
Gustave White Sotheby's Realty
List Price
$325
Sold Price
$317,500
Premium/Discount to List
$317,175
97592.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.81%
Original Mortgage
$254,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lyons Ashley L -- None Available
Lyons Ashley L $317,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyons Ashley L $254,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $317,500 +97592.3% $417 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $325 -- $0 / 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 $3,207 $460,100 $0 $460,100
2023 $3,027 $305,100 $0 $305,100
2022 $2,932 $305,100 $0 $305,100
2021 $2,847 $305,100 $0 $305,100
2020 $2,360 $229,600 $0 $229,600
2019 $2,360 $229,600 $0 $229,600
2018 $2,294 $229,600 $0 $229,600
2017 $2,197 $196,000 $0 $196,000
2016 $2,142 $196,000 $0 $196,000
2015 $2,091 $196,000 $0 $196,000
2014 $2,770 $229,700 $0 $229,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1279464

State-Wide MLS

APN: NEWP-000025-000062-000006