NOT LISTED FOR SALE

50 Old Beach Rd Unit 7 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $524,000 - $602,000

1 Bed
1 Bath
800 Sq Ft
$451/mo HOA Fee

Last Sold May 10, 2016

Last sale price $250,000 $312 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,720/month

173 Days on Market

Highlights

  • Marble Flooring
  • Storm Windows
  • Storage Room
  • Walking Distance to Water
  • Intercom
  • Public Transportation

About This Home

As of May 2016

Perfect Newport get-a-away or downsize option in prestigious location close to the beach! 3rd floor unit in Estate setting with high ceilings, spacious rooms, eat-in-kitchen all located on beautiful grounds. Tenant in place through 12/31/2016.

Last Agent to Sell the Property

Connor Dowd

Keller Williams Coastal License #B16208 Listed on: 10/19/2015

Keller Williams Coastal

Last Buyer's Agent

Lynne Zekis

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,475

Year Built

  • Built in 1900

HOA Fees

  • $451 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Intercom

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Accessible Elevator Installed
  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 50OLDBEACHRD7NEWP

Community Details

Overview

  • 9 Units
  • Kay / Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,475

Year Built

Built in 1900

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: KAY / CATHERINE
  • Above Grade Finished Sq Ft: 800.0
  • Building Name: BELAIR
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Small Dogs (under 25 lbs.)
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Exhaust Fan, Oven, Oil Water Heater, Range, Refrigerator, Range Hood
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Elevator,First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Marble, Other
  • Living Area: 800.0
  • Dining Room Type: Foyer, Kitchen, Storage Room
  • Stories: 3
  • Window Features: Storm Window(s)

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Fuses, Separate Meters
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 451.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 50OLDBEACHRD7NEWP
  • Zoning: R20

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 2475.0
  • Tax Block: 0000
  • Tax Lot: 81
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2015
Closed on
May 10, 2016
Sold by
Boulay Donna W and Boulay Robert A
Bought by
Koziara Arlene
Seller's Agent
Connor Dowd
Keller Williams Coastal
Buyer's Agent
Lynne Zekis
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$564,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,065
Avg. Annual Appreciation
8.86%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Miller Peter and Miller Mary
Bought by
Boulay Donna and Boulay Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Koziara Arlene $250,000 --
Boulay Donna $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boulay Donna $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2016 05/10/16 Sold $250,000 -5.7% $313 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
10/19/2015 10/19/15 For Sale $265,000 -- $331 / 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 $3,584 $412,500 $0 $412,500
2024 $3,555 $432,500 $0 $432,500
2023 $2,261 $227,900 $0 $227,900
2022 $2,190 $227,900 $0 $227,900
2021 $2,126 $227,900 $0 $227,900
2020 $2,385 $232,000 $0 $232,000
2019 $2,385 $232,000 $0 $232,000
2018 $2,318 $232,000 $0 $232,000
2017 $2,601 $232,000 $0 $232,000
2016 $2,536 $232,000 $0 $232,000
2015 $2,475 $232,000 $0 $232,000
2014 $2,074 $172,000 $0 $172,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1110591

State-Wide MLS

APN: NEWP-000026-000081-000007