NOT LISTED FOR SALE

50 Old Beach Rd Unit 4 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $591,000 - $783,000

1 Bed
1.5 Baths
957 Sq Ft
$533/mo HOA Fee

Last Sold June 23, 2016

Last sale price $335,000 $350 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,818/month

17 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Walking Distance to Water
  • Marble Flooring
  • Balcony
  • Cul-De-Sac

About This Home

As of June 2016

Perfect Newport jewel box feels like Europe!This elegant 1 bdrm/1.5 bath condo has it all - high ceilings, hardwds, 2 marble FPs, stone balcony for summertime al fresco dining, vintage wall tapestries, sconces & chandeliers, short stroll to Bellevue.

Last Agent to Sell the Property

Gladys Barbosa

Edge Realty RI License #RES.0030485 Listed on: 05/06/2016

Last Buyer's Agent

Annamarie Ringheim

Mott & Chace Sotheby's Intl. License #REB.0016229

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 1855

HOA Fees

  • $533 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 957 Sq Ft Home
  • 3-Story Property
  • Marble Fireplace
  • Living Room
  • Dining Room
  • Intercom

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot R-20
  • Assessor Parcel Number 50OLDBEACHRD4NEWP

Community Details

Overview

  • 4 Units
  • Old Beach/Kay Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,291

Year Built

Built in 1855

Lot Details

0

HOA Fees

$533 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: OLD BEACH/KAY-CATHERINE
  • Above Grade Finished Sq Ft: 957.0
  • Building Name: Belair
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1855
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood
  • Other Equipment: Intercom
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: Marble
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable TV
  • Living Area: 957.0
  • Dining Room Type: Dining Room, Living Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Masonry
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 533.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 50OLDBEACHRD4NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 4291.0
  • Tax Lot: R-20
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2016
Closed on
Jun 23, 2016
Sold by
Haug Espen C
Bought by
Merritt Eva and Merritt Michael L
Seller's Agent
Gladys Barbosa
Edge Realty RI
Buyer's Agent
Annamarie Ringheim
Mott & Chace Sotheby's Intl.
List Price
$349,000
Sold Price
$335,000
Premium/Discount to List
-$14,000
-4.01%
Current Estimated Value
$708,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,438
Avg. Annual Appreciation
8.67%
Original Mortgage
$234,500
Outstanding Balance
$189,646
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$518,792

Purchase Details

Closed on
Dec 28, 2011
Sold by
Keisling Barbara A
Bought by
Haug Espen G

Purchase Details

Closed on
Dec 5, 2003
Sold by
Lebaron Jeffrey and Lebaron Margaret
Bought by
Keisling Barbara

Purchase Details

Closed on
Sep 23, 1999
Sold by
Beer Barbara Augustine
Bought by
Lebaron Jeffrey T and Lebaron Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
8.1%
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
Merritt Eva $335,000 --
Haug Espen G $303,000 --
Keisling Barbara $259,000 --
Lebaron Jeffrey T $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Eva $234,500
Previous Owner Lebaron Jeffrey T $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2016 06/23/16 Sold $335,000 -4.0% $350 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $349,000 -- $365 / 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 $4,253 $610,200 $0 $610,200
2023 $3,072 $309,700 $0 $309,700
2022 $2,976 $309,700 $0 $309,700
2021 $2,890 $309,700 $0 $309,700
2020 $3,283 $319,400 $0 $319,400
2019 $3,283 $319,400 $0 $319,400
2018 $3,191 $319,400 $0 $319,400
2017 $4,509 $402,200 $0 $402,200
2016 $4,396 $402,200 $0 $402,200
2015 $4,291 $402,200 $0 $402,200
2014 $3,601 $298,600 $0 $298,600
Source: Public Records

Agents Affiliated with this Home

  • Gladys Barbosa

    Seller's Agent in 2016

    Gladys Barbosa

    Edge Realty RI

    (401) 855-1401

    39 Total Sales

    Gladys Barbosa
    Section Image
  • Annamarie Ringheim

    Buyer's Agent in 2016

    Annamarie Ringheim

    Mott & Chace Sotheby's Intl.

    (401) 862-0576

    1 in this area

    9 Total Sales

    Annamarie Ringheim
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1125207

State-Wide MLS

APN: NEWP-000026-000081-000004

Rhode Island Newport County Newport 02840 Old Beach

50 Old Beach Rd Unit 4, Newport, RI

This home is located at 50 Old Beach Rd Unit 4, Newport, RI 02840 since 06 May 2016 and is currently estimated at $708,438, approximately $740 per square foot. This property was built in 1855. 50 Old Beach Rd Unit 4 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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