50 Old Beach Rd Unit 6 Newport, RI 02840
Old Beach Neighborhood
1
Bed
2
Baths
836
Sq Ft
$509/mo
HOA Fee
Highlights
- Marina
- 1.4 Acre Lot
- Tennis Courts
- Golf Course Community
- Wood Flooring
- Walking Distance to Water
About This Home
As of April 2022Enjoy tree top views from this penthouse unit in the tower of historic "Belair". Formerly the summer residence of The George H. Norman family, the home exudes gracious charm, with its abundant architectural detail and lush grounds. Locally renowned, Norman founded the Newport Water Works in 1877 and his daughter Mabel later donated their summer farm in Middletown to create the Norman Bird Sanctuary. The sparkling kitchen and two full baths are newly renovated with handsome flair. Warm and inviting the entire unit is flooded with light, while the bedroom suite on the top floor was formerly the home's artist studio. Condo improvements include a brand new slate roof and newly refitted elevator. An easy walk to the beach, Cliff Walk and all the restaurants, shops and attractions of Newport, this pied-à-terre is turn key.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0014874 Listed on: 10/09/2018
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,890
Year Built
- Built in 1850
HOA Fees
- $509 Monthly HOA Fees
Home Design
- Stone Foundation
- Masonry
- Plaster
Interior Spaces
- 836 Sq Ft Home
- 4-Story Property
- Skylights
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Oven
- Range
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
- Bathtub with Shower
Parking
- 1 Parking Space
- No Garage
- Driveway
- Assigned Parking
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Steam
- 100 Amp Service
- Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 81
- Assessor Parcel Number 50OLDBEACHRD6NEWP
Community Details
Overview
- 11 Units
- Top Of The Hill Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Dogs and Cats Allowed
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,000
Avg. Annual Appreciation
12.00%
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%
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $290,000 | -- | |
| Warranty Deed | $115,000 | -- | |
| Warranty Deed | $65,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $52,000 | No Value Available |
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
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 | $3,514 | $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
-
Gloria Dunn
G
Seller Co-Listing Agent in 2022
Gloria Dunn
Gustave White Sotheby's Realty
2 in this area
22 Total Sales
-
Louise Cardoni
Buyer's Agent in 2022
Louise Cardoni
Century 21 Topsail Realty
(401) 835-5987
2 in this area
31 Total Sales
-
Kathleen Greenman
Seller's Agent in 2019
Kathleen Greenman
Gustave White Sotheby's Realty
(401) 848-6727
3 in this area
77 Total Sales
-
Susan Andrade Bistline
S
Seller Co-Listing Agent in 2019
Susan Andrade Bistline
Gustave White Sotheby's Realty
(401) 935-1778
25 Total Sales
-
Rory Kirby
Buyer's Agent in 2019
Rory Kirby
Kirby & Kirby
(401) 477-4132
26 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1206568
APN: NEWP-000026-000081-000006
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