NOT LISTED FOR SALE

50 Old Beach Rd Unit 6 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $542,000 - $689,000

1 Bed
2 Baths
836 Sq Ft
$737/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $492,000 $589 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,058/month

24 Days on Market

Highlights

  • Wood Flooring
  • Skylights
  • Public Transportation
  • Tennis Courts
  • Bathtub with Shower
  • Shops

About This Home

As of April 2022

Stylish and sunlit two-level penthouse unit in Historic Belair. Built as a Summer house for George Norman, this building is full of architectural details inside and out. A very private location with lovely grounds and room for parking. Close proximity to Bellevue Avenue's shops and restaurants, historic Redwood Library, and The Newport Art Museum. Improvements on this property include a new slate roof and refitted elevator. This special condominium unit has a new AC/Heat system, updated light fixtures and lots of charm.

Last Agent to Sell the Property

Whitney Bauer

Gustave White Sotheby's Realty License #RES.0044183 Listed on: 03/01/2022

Gustave White Sotheby's Realty

Co-Listed By

Gloria Dunn

Gustave White Sotheby's Realty License #RES.0028869

Last Buyer's Agent

Louise Cardoni

Century 21 Topsail Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1850

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Wood Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 836 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Skylights
  • Marble Fireplace

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • No Garage
  • Driveway
  • Assigned Parking

Location

  • Property near a hospital

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 081
  • Assessor Parcel Number 50OLDBEACHRD6NEWP

Community Details

Overview

  • Association fees include laundry, ground maintenance, parking, snow removal, water
  • 11 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,635

Year Built

Built in 1850

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Inclusions: The stained glass panels hanging in the Living Room and the upstairs TV will not convey with the property.
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 836.0
  • Building Name: Belair
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1850
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Common Water Heater, Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Entry Location: Elevator,Third Floor or higher Access
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Elevator
  • Living Area: 836.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Wood Siding, Masonry
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 110 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 515.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Laundry, Maintenance Grounds, Parking, Snow Removal, Water

Lot Info

  • Parcel #: 50OLDBEACHRD6NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 2634.79
  • Tax Lot: 081
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2018
Closed on
Mar 5, 2019
Sold by
Moldow Kenneth A and Obrien Rosemary
Bought by
Lupo Erika
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Rory Kirby
Kirby & Kirby
List Price
$312,000
Sold Price
$290,000
Premium/Discount to List
-$22,000
-7.05%
Current Estimated Value
$616,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,267
Avg. Annual Appreciation
11.88%

Purchase Details

Closed on
Jun 5, 2000
Sold by
Horan Christopher and Horan Denisse Y
Bought by
Moldow Kenneth A and Obrien Rosemary

Purchase Details

Closed on
Sep 7, 1999
Sold by
Raffaeli John J
Bought by
Horan Christopher and Horan Denisse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.5%
Source: Public Records

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
Lupo Erika $290,000 --
Moldow Kenneth A $115,000 --
Horan Christopher $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horan Christopher $52,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $492,000 +1.4% $589 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $485,000 +67.2% $580 / Sq Ft
03/15/2019 03/15/19 Sold $290,000 -7.1% $347 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
10/09/2018 10/09/18 For Sale $312,000 -- $373 / 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 $3,454 $481,000 $0 $481,000
2024 $3,514 $504,100 $0 $504,100
2023 $2,801 $282,400 $0 $282,400
2022 $2,714 $282,400 $0 $282,400
2021 $2,635 $282,400 $0 $282,400
2020 $2,974 $289,300 $0 $289,300
2019 $2,974 $289,300 $0 $289,300
2018 $2,890 $289,300 $0 $289,300
2017 $4,089 $364,800 $0 $364,800
2016 $3,987 $364,800 $0 $364,800
2015 $3,892 $364,800 $0 $364,800
2014 $3,260 $270,300 $0 $270,300
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Whitney Bauer

    Gustave White Sotheby's Realty

    Section Image

  • G

    Seller Co-Listing Agent in 2022

    Gloria Dunn

    Gustave White Sotheby's Realty

    3 in this area

    20 Total Sales

    Gloria Dunn
    Section Image
  • Louise Cardoni

    Buyer's Agent in 2022

    Louise Cardoni

    Century 21 Topsail Realty

    (401) 835-5987

    2 in this area

    30 Total Sales

    Louise Cardoni
    Section Image
  • Kathleen Greenman

    Seller's Agent in 2019

    Kathleen Greenman

    Gustave White Sotheby's Realty

    (401) 848-6727

    3 in this area

    77 Total Sales

    Kathleen Greenman
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Susan Andrade Bistline

    Gustave White Sotheby's Realty

    (401) 935-1778

    26 Total Sales

    Susan Andrade Bistline
    Section Image
  • Rory Kirby

    Buyer's Agent in 2019

    Rory Kirby

    Kirby & Kirby

    (401) 477-4132

    30 Total Sales

    Rory Kirby
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1304086

State-Wide MLS

APN: NEWP-000026-000081-000006

Rhode Island Newport County Newport 02840 Old Beach

50 Old Beach Rd Unit 6, Newport, RI

This home is located at 50 Old Beach Rd Unit 6, Newport, RI 02840 since 01 March 2022 and is currently estimated at $616,267, approximately $737 per square foot. This property was built in 1850. 50 Old Beach Rd Unit 6 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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