NOT LISTED FOR SALE

50 Old Beach Rd Unit 11 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $583,000 - $703,000

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

Last Sold November 01, 2021

Last sale price $399,900 $445 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,134/month

120 Days on Market

Highlights

  • Wood Flooring
  • Tennis Courts
  • Walking Distance to Water
  • Attic
  • Balcony
  • Bathtub with Shower

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 11 is located on the second floor of the annex building which features 2 bedrooms, 1 full bath, 2 balconies and is just about 900 sqft. 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 1284619 for more information about Unit 10.

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

  • $2,885

Year Built

  • Built in 1900

HOA Fees

  • $342 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 898 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • 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
  • Balcony
  • Patio

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 11
  • Assessor Parcel Number 50OLDBEACHRD11NEWP

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

$2,885

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: 898.0
  • Building Name: Belair
  • Entry Level: 2
  • 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: Private Entry,Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 898.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

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 #: 50OLDBEACHRD11NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 2885.0
  • Tax Lot: 11
  • Tax Year: 2020

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $399,900 0.0% $445 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $399,900 0.0% $445 / Sq Ft
10/10/2015 10/10/15 Rented $1,400 -6.7% --
09/10/2015 09/10/15 Under Contract -- -- --
08/25/2015 08/25/15 For Rent $1,500 -- --
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 $4,176 $508,000 $0 $508,000
2023 $4,291 $432,600 $0 $432,600
2022 $2,396 $249,300 $0 $249,300
2021 $2,326 $249,300 $0 $249,300
2020 $2,886 $280,700 $0 $280,700
2019 $2,886 $280,700 $0 $280,700
2018 $2,804 $280,700 $0 $280,700
2017 $3,147 $280,700 $0 $280,700
2016 $3,068 $280,700 $0 $280,700
2015 $2,995 $280,700 $0 $280,700
2014 $2,508 $208,000 $0 $208,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1284548

State-Wide MLS

APN: NEWP-000026-000081-000011