NOT LISTED FOR SALE

50 Old Beach Rd Unit 10 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $556,643 - $585,000

2 Beds
1 Bath
735 Sq Ft
$342/mo HOA Fee

Last Sold November 01, 2021

Last sale price $399,900 $544 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,788/month

120 Days on Market

Highlights

  • Wood Flooring
  • Walking Distance to Water
  • Bathtub with Shower
  • Tennis Courts
  • Porch
  • Patio

About This Home

As of November 2021

Current tenants in place - Amazing opportunity to own a condo (or two!) at the historic Belair . Heading down the windy driveway to the Annex building, this impressive property provides a wonderful feeling of privacy while also having easy access to all of what Newport has to offer, typically only a short walk or bike ride away. Unit 10 is located on the first floor of the annex building which features 2 bedrooms, 1 full bath, a porch & a private patio area, and is 735 sqft - but quite spacious! The unit provides 2 tandem parking spaces as well as additional guest parking. Again, the location is prime; only minutes away from downtown Newport, beaches, the cliff walk, dining, and shopping. Both unit 10 & 11 are being sold and have the potential to be converted into one unit per the association. See MLS number 1284548 for more information about Unit 11.

Last Agent to Sell the Property

Katelynn Cahill

Real Broker, LLC License #RES.0043531 Listed on: 06/03/2021

Real Broker, LLC

Last Buyer's Agent

Katelynn Cahill

Real Broker, LLC License #RES.0043531 Listed on: 06/03/2021

Real Broker, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,495

Year Built

  • Built in 1900

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 735 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 50OLDBEACHRD10NEWP

Community Details

Overview

  • 11 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,495

Year Built

Built in 1900

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 735.0
  • Building Name: Belair
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 735.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Wood Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 342.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 50OLDBEACHRD10NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 2495.0
  • Tax Lot: 10
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2017
Sold by
Colaneri Mary E and Hale Harold D
Bought by
Hale Pamela
Current Estimated Value
$565,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Outstanding Balance
$237,052
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$333,940
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
Hale Pamela $345,000 --
Hale Pamela $345,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hale Pamela $276,000
Closed Hale Pamela $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $399,900 0.0% $544 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $399,900 0.0% $544 / Sq Ft
01/18/2014 01/18/14 Rented $1,250 -7.4% --
12/19/2013 12/19/13 Under Contract -- -- --
09/23/2013 09/23/13 For Rent $1,350 -- --
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 $3,672 $446,700 $0 $446,700
2023 $2,436 $245,600 $0 $245,600
2022 $2,116 $220,200 $0 $220,200
2021 $2,054 $220,200 $0 $220,200
2020 $2,496 $242,800 $0 $242,800
2019 $2,496 $242,800 $0 $242,800
2018 $2,426 $242,800 $0 $242,800
2017 $2,722 $242,800 $0 $242,800
2016 $2,654 $242,800 $0 $242,800
2015 $2,591 $242,800 $0 $242,800
2014 $2,171 $180,000 $0 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Katelynn Cahill

    Seller's Agent in 2021

    Katelynn Cahill

    Real Broker, LLC

    (401) 757-0012

    2 in this area

    22 Total Sales

    Katelynn Cahill
    Section Image
  • Carol Hale

    Seller's Agent in 2014

    Carol Hale

    Williams & Stuart Real Estate

    (401) 842-0845

    Section Image
  • Susan Bernard

    Buyer's Agent in 2014

    Susan Bernard

    New England Properties

    (401) 743-7570

    8 Total Sales

    Susan Bernard
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1284619

State-Wide MLS

APN: NEWP-000026-000081-000010

Rhode Island Newport County Newport 02840 Old Beach

50 Old Beach Rd Unit 10, Newport, RI

This home is located at 50 Old Beach Rd Unit 10, Newport, RI 02840 since 03 June 2021 and is currently estimated at $565,911, approximately $769 per square foot. This property was built in 1900. 50 Old Beach Rd Unit 10 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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