Seller's Agent in 2025
Tyler Meegan
Serhant Rhode Island
(401) 742-8034
1 in this area
1 Total Sale
45 Hammond St Unit 2 Newport, RI 02840
Fifth Ward Neighborhood
2
Beds
1
Bath
750
Sq Ft
$206/mo
HOA Fee
Highlights
- Marina
- Tennis Courts
- 1 Car Detached Garage
- Wood Flooring
- Walking Distance to Water
- Window Unit Cooling System
About This Home
As of December 2025Welcome to this exceptionally well maintained first-floor 2 bed 1 bath condo situated on a quiet residential street in the 5th Ward. Just a short walk from all that Newport has to offer. Completely renovated in 2011, this charming residence features custom kitchen cabinetry, granite countertops, newer appliances, hardwood flooring throughout, and a tastefully updated bathroom. The stunning 3 seasons room bathed in natural light, extends the footprint to approximately 1,000 square feet. Enjoy the convenience of a spacious driveway with two designated off-street parking spots, including your very own garage space a rare and coveted amenity in this area! The home also offers in-unit laundry, with additional shared laundry and designated storage in the basement for extra flexibility. Outside, you'll enjoy a private, fully fenced backyard with a patio and fire pit which is ideal for summer gatherings or quiet evenings. With its location, convenience, and everyday comfort, this truly turn-key condo is perfect for a year-round residence or exclusive vacation retreat.
Last Agent to Sell the Property
Serhant Rhode Island License #RES.0041918 Listed on: 10/29/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,436
Year Built
- Built in 1985
HOA Fees
- $206 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Assigned Parking
Home Design
- Entry on the 1st floor
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 750 Sq Ft Home
- 1-Story Property
- Storage Room
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Utilities
- Window Unit Cooling System
- Baseboard Heating
- 100 Amp Service
- Electric Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Legal Lot and Block 249 / 03
- Assessor Parcel Number 45HAMMONDST2NEWP
Community Details
Overview
- Association fees include insurance, ground maintenance, water
- 4 Units
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 4, 2017
Closed on
Oct 2, 2017
Sold by
Sarno Edward D and Sarno Marie
Bought by
Cohen Joel
Seller's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Tyler Meegan
List Price
$289,000
Sold Price
$289,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.18%
Original Mortgage
$211,000
Outstanding Balance
$176,153
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$511,767
Purchase Details
Closed on
Jul 17, 2008
Sold by
Lee Chin S
Bought by
Sarno Edward and Sarno Marie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $289,000 | -- | |
| Warranty Deed | $220,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $211,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/03/2025 12/03/25 | Sold | $605,000 | +0.8% | $807 / Sq Ft | |
| 11/08/2025 11/08/25 | Pending | -- | -- | -- | |
| 10/29/2025 10/29/25 | For Sale | $600,000 | +107.6% | $800 / Sq Ft | |
| 10/02/2017 10/02/17 | Sold | $289,000 | 0.0% | $385 / Sq Ft | View Prior Sale |
| 09/02/2017 09/02/17 | Pending | -- | -- | -- | |
| 08/04/2017 08/04/17 | For Sale | $289,000 | -- | $385 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,436 | $478,600 | $0 | $478,600 |
| 2024 | $3,336 | $478,600 | $0 | $478,600 |
| 2023 | $2,903 | $292,600 | $0 | $292,600 |
| 2022 | $2,812 | $292,600 | $0 | $292,600 |
| 2021 | $2,730 | $292,600 | $0 | $292,600 |
| 2020 | $2,641 | $256,900 | $0 | $256,900 |
| 2019 | $2,641 | $256,900 | $0 | $256,900 |
| 2018 | $2,566 | $256,900 | $0 | $256,900 |
| 2017 | $1,855 | $165,500 | $0 | $165,500 |
| 2016 | $1,809 | $165,500 | $0 | $165,500 |
| 2015 | $1,766 | $165,500 | $0 | $165,500 |
| 2014 | $1,963 | $162,800 | $0 | $162,800 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Meegan
-
Slocum Home Team
Buyer's Agent in 2025
Slocum Home Team
eXp Realty
(401) 593-1129
1 in this area
781 Total Sales
-
Alexandra Thursby
Seller's Agent in 2017
Alexandra Thursby
Mott & Chace Sotheby's Intl.
(401) 266-9900
1 in this area
46 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1399039
APN: NEWP-000035-000249-000002
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