NOT LISTED FOR SALE

Estimated Value: $1,408,000 - $1,631,130

3 Beds
2 Baths
1,794 Sq Ft
$842/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $1,285,000 $716 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $9,494/month

52 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Water Views
  • Spa
  • Tennis Courts

About This Home

As of January 2023

LOCATION! This Southwest Facing, Townhouse style, 3 Br, 2 bath unit in the former Lenthall School building overlooks the Elms Mansion and Newport Harbor. Ideally situated in the center of Historic downtown Newport, this 2010 condo conversion, makes it easy to leave your car in one of the 2 assigned off street parking spaces and walk to everything: Bellevue, restaurants, harbor, mansions, beaches, etc. This 1794 sq ft condo has dramatic 14 foot ceilings and oversized picture windows facing South and West that let in incredible light. With it's original maple floors, exposed brick and wood beams, this unit has had many updates throught the years - Farmhouse style second floor bathroom, fresh paint, new recessed and pendant lights in the kitchen and living room. New, electrionic, Hunter Douglas blinds with Homekit/Alexa capabilities make this a truly modern "smart home". Large airy living room with water view opens to the modern kitchen, a full bath, large foyer, as well as 1 bedroom with beautiful custom built-ins that is currently being used as an office, make up the first floor. Up the stairs past the charming landing to the second floor, are the guest room, primary bedroom, large Farmhouse style bathroom, and Washer/Dryer. Custom closets throughout and a spacious storage unit ensure ample space to store exess belongings. Entertain friends in the beautiful common gardens with bluestone patio, or climb up to the rooftop observation area for breathtaking views of all Newport.

Last Agent to Sell the Property

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586 Listed on: 11/09/2022

Co-Listed By

Julie Warburg

Lila Delman Compass License #RES.0042070

Last Buyer's Agent

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586 Listed on: 11/09/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,477

Year Built

  • Built in 1889

HOA Fees

  • $434 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,794 Sq Ft Home
  • 4-Story Property
  • Skylights
  • Thermal Windows
  • Storage Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 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

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 426SPRINGST201NEWP

Community Details

Overview

  • Association fees include laundry, ground maintenance, parking, snow removal
  • 13 Units
  • Newport Estate Area Subdivision

Amenities

  • Shops
  • Public Transportation
  • Community Storage Space

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,477

Year Built

Built in 1889

Lot Details

0

HOA Fees

$434 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: Newport Estate Area
  • Above Grade Finished Sq Ft: 1794.0
  • Building Name: Lenthal School Condos
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 4
  • Structure Type: Townhouse
  • Year Built: 1889
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Skylights, Tub Shower
  • Living Area: 1794.0
  • Dining Room Type: Storage Room
  • Stories: 4
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Masonry
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • 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, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area, Storage
  • Association Fee: 433.95
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Laundry, Maintenance Grounds, Parking, Snow Removal

Lot Info

  • Parcel #: 426SPRINGST201NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 13

Tax Info

  • Tax Annual Amount: 6477.0
  • Tax Lot: 8
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 31, 2023
Sold by
Kane Jeremy
Bought by
Socci Michael A and Socci Marsha M
Seller's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
List Price
$1,295,000
Sold Price
$1,285,000
Premium/Discount to List
-$10,000
-0.77%
Current Estimated Value
$1,510,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,283
Avg. Annual Appreciation
2.16%
Original Mortgage
$963,750
Outstanding Balance
$932,733
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$424,945

Purchase Details

Closed on
Apr 30, 2010
Sold by
Thomas & Thomas Dev
Bought by
Kane Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.99%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Socci Michael A $1,285,000 None Available
Kane Jeremy $575,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Socci Michael A $963,750
Previous Owner Kane Jeremy $304,000
Previous Owner Kane Jeremy $358,500
Previous Owner Kane Jeremy $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $1,285,000 -0.8% $716 / Sq Ft
01/01/2023 01/01/23 Pending -- -- --
11/09/2022 11/09/22 For Sale $1,295,000 -- $722 / 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 $9,966 $1,212,400 $0 $1,212,400
2023 $6,886 $694,200 $0 $694,200
2022 $6,671 $694,200 $0 $694,200
2021 $6,477 $694,200 $0 $694,200
2020 $5,318 $517,300 $0 $517,300
2019 $5,318 $517,300 $0 $517,300
2018 $5,168 $517,300 $0 $517,300
2017 $5,799 $517,300 $0 $517,300
2016 $5,654 $517,300 $0 $517,300
2015 $5,520 $517,300 $0 $517,300
2014 $5,968 $494,900 $0 $494,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1323903

State-Wide MLS

APN: NEWP-000035-000008-000201