NOT LISTED FOR SALE

49 E Bowery St Unit 4 Newport, RI 02840

Memorial Boulevard Neighborhood

Estimated Value: $333,000 - $467,000

1 Bed
1 Bath
467 Sq Ft
$182/mo HOA Fee

Last Sold June 22, 2022

Last sale price $255,000 $546 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,342/month

45 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Bathtub with Shower
  • Corner Lot
  • Cooling System Mounted In Outer Wall Opening
  • 3-minute walk to Freebody Park

About This Home

As of June 2022

Vacation home!! Priced to sell quickly, well below city tax assessment. Well maintained condo in central location. Walk to Bellevue, downtown Newport or to the Beach! Nice open living room & kitchen. Share back patio. Super clean unit. READY NOW

Last Agent to Sell the Property

Peter Hutchinson

Residential Properties Ltd. License #RES.0042742 Listed on: 05/07/2022

Residential Properties Ltd.

Last Buyer's Agent

Alec McLeod

HomeSmart Professionals License #RES.0047250

HomeSmart Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1920

HOA Fees

  • $182 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Stone Foundation
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 467 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • No Garage
  • Unassigned Parking

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 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 92
  • Assessor Parcel Number 49EASTBOWERYST4NEWP

Community Details

Overview

  • Annandale Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,543

Year Built

Built in 1920

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ANNANDALE
  • Above Grade Finished Sq Ft: 467.0
  • Building Name: Sandown
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 467.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 182.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 49EASTBOWERYST4NEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1543.0
  • Tax Lot: 92
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2022
Closed on
Jun 10, 2022
Sold by
Phyllis W Harpster Irt
Bought by
Mcleod Alec R and Shawcross Tracy M
Seller's Agent
Peter Hutchinson
Residential Properties Ltd.
Buyer's Agent
Alec McLeod
HomeSmart Professionals
List Price
$255,500
Sold Price
$255,000
Premium/Discount to List
-$500
-0.2%
Current Estimated Value
$389,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,707
Avg. Annual Appreciation
13.16%

Purchase Details

Listed on
May 30, 2019
Closed on
Jun 24, 2019
Sold by
Hilton Jennifer
Bought by
Phyllis W Harpster Irt
Seller's Agent
Jennifer Hilton
Keller Williams Coastal
Buyer's Agent
Peter Hutchinson
Residential Properties Ltd.
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 3, 2016
Sold by
Gallagher John W and Gallagher Betsy L
Bought by
Hilton Jenifer
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Jennifer Hilton
Keller Williams Coastal
List Price
$129,000
Sold Price
$120,765
Premium/Discount to List
-$8,235
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.93%
Original Mortgage
$96,612
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2007
Sold by
Gallagher Ryan C
Bought by
Gallagher John and Gallagher Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2005
Sold by
Ml Dev Llc
Bought by
Gallagher Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mcleod Alec R $255,500 None Available
Phyllis W Harpster Irt $180,000 --
Hilton Jenifer $120,765 --
Gallagher John $193,000 --
Gallagher Ryan $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hilton Jenifer $96,612
Previous Owner Gallagher Ryan $142,500
Previous Owner Gallagher Ryan $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/24/2025 11/24/25 Off Market $120,765 -- --
06/22/2022 06/22/22 Sold $255,000 -0.2% $546 / Sq Ft
05/07/2022 05/07/22 For Sale $255,500 +41.9% $547 / Sq Ft
06/24/2019 06/24/19 Sold $180,000 -5.3% $360 / Sq Ft View Prior Sale
05/30/2019 05/30/19 For Sale $190,000 0.0% $380 / Sq Ft
05/22/2018 05/22/18 Rented $2,500 0.0% --
04/22/2018 04/22/18 Under Contract -- -- --
04/03/2018 04/03/18 For Rent $2,500 0.0% --
06/03/2016 06/03/16 Sold $120,765 -6.4% $259 / Sq Ft View Prior Sale
05/04/2016 05/04/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $129,000 -- $276 / 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 $2,041 $234,900 $0 $234,900
2024 $2,014 $245,000 $0 $245,000
2023 $1,641 $165,400 $0 $165,400
2022 $1,589 $165,400 $0 $165,400
2021 $1,543 $165,400 $0 $165,400
2020 $1,445 $140,600 $0 $140,600
2019 $1,445 $140,600 $0 $140,600
2018 $1,405 $140,600 $0 $140,600
2017 $1,576 $140,600 $0 $140,600
2016 $1,537 $140,600 $0 $140,600
2015 $1,500 $140,600 $0 $140,600
2014 $1,711 $141,900 $0 $141,900
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Peter Hutchinson

    Residential Properties Ltd.

    (401) 533-6666

    1 in this area

    5 Total Sales

    Peter Hutchinson
    Section Image

  • A

    Buyer's Agent in 2022

    Alec McLeod

    HomeSmart Professionals

    (401) 226-7628

    1 in this area

    3 Total Sales

    Alec McLeod
    Section Image
  • Jennifer Hilton

    Seller's Agent in 2019

    Jennifer Hilton

    Keller Williams Coastal

    (401) 787-3173

    91 Total Sales

    Jennifer Hilton
    Section Image
  • Chad Kritzas

    Seller's Agent in 2016

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    4 in this area

    196 Total Sales

    Chad Kritzas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1309485

State-Wide MLS

APN: NEWP-000034-000092-000004

Rhode Island Newport County Newport 02840 Memorial Boulevard

49 E Bowery St Unit 4, Newport, RI

Not Listed for Sale

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