$575,000
SOLD SEP 6, 2024

50 Old Beach Rd Unit 8 Newport, RI 02840

Old Beach Neighborhood
1 Bed
1.5 Baths
766 Sq Ft
$614/mo HOA Fee

Recently Sold

$751 Per Sq Ft

5% Above List Price

63 Days on Market

Highlights

  • Wood Flooring
  • Ductless Heating Or Cooling System
  • Heat Pump System
  • 1 Fireplace
  • Bathtub with Shower

About This Home

As of September 2024

Discover timeless elegance at 50 Old Beach Road, #8, in Historic Belair. Built in 1850 as a summer house for New York oil baron H. Allen Wright, this grand estate showcases exquisite architectural details both inside and out. Originally constructed in the Italianate style with roughly dressed stone, the property was expanded and renovated in 1867 by renowned Newport architect Dudley Newton after being sold to George Henry Norman. This first-floor, single-level condominium is a perfect pied- -terre in one of Newport's best locations. Walk to Bellevue Avenue's vibrant shops and restaurants, the historic Redwood Library, and The Newport Art Museum. The 1-bedroom, 1.5-bath unit offers unparalleled character and formerly served as the estate's billiards room. The condo exudes warmth with its mahogany paneled walls, 13' coffered wooden ceilings, and abundant natural light from large pane windows on the north and east sides. Original details such as oversized doors, ornate woodwork, and hardwood floors add to the unit's historic allure. Modern amenities include Fujitsu Mini-split systems in the living room and bedroom for efficient heating and cooling. A private entrance with adjacent parking completes this unique offering. Embrace the rich history, convenience, and serenity of living at Belair. This exceptional condo offers the perfect blend of historic charm and modern convenience in the heart of Newport.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 06/17/2024

RE/MAX Results

Last Buyer's Agent

Lahna Son-Cundy

Mott & Chace Sotheby's Intl. License #RES.0047029

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,940

Year Built

  • Built in 1880

HOA Fees

  • $614 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Combination Foundation
  • Masonry

Interior Spaces

  • 766 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Ductless Heating Or Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 081
  • Assessor Parcel Number 50OLDBEACHRD8NEWP

Community Details

Overview

  • Association fees include hot water, ground maintenance, snow removal, trash
  • 11 Units
  • Old Beach Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,940

Year Built

Built in 1880

Lot Details

0

HOA Fees

$614 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Old Beach
  • Above Grade Finished Sq Ft: 766.0
  • Building Name: Belair
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1880
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • 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
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 766.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick, Masonry, Other
  • Foundation Details: Combination

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 614.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Hot Water, Maintenance Grounds, Snow Removal, Trash

Lot Info

  • Parcel #: 50OLDBEACHRD8NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 11

Tax Info

  • Tax Annual Amount: 2940.0
  • Tax Lot: 081
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 4, 2024
Sold by
Dempsey Donna
Bought by
Sanders Donald T and Sanders Vanessa J
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Lahna Son-Cundy
Mott & Chace Sotheby's Intl.
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
5
Current Estimated Value
$606,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,530
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Nov 19, 1998
Sold by
Friedeberg Pamela B and Friedeberg William J
Bought by
Dempsey Donna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.49%
Source: Public Records

Similar Homes in Newport, RI

  • 36 Kay St Unit 7, Newport, RI 02840

    $469,000

    • 1 Bed
    • 1 Bath
    • 635 Sq Ft
    • 36 Kay St
    • Unit 7
    • Newport, RI

    Come and enjoy life at 36 Kay St. whether as a seasonal retreat or permanent residence. This well maintained 1 bedroom/1 bath condo is ready for immediate occupancy. The excellent location ensures convenience and quick access to Bellevue Ave, Broadway and Downtown. The bright interior features an east facing picture window in the open, cozy and stylish living room with hardwoods and built-in

    Teri Degnan Teri Degnan RE & Consulting

    Section Image
  • 45 Ayrault St Unit 8, Newport, RI 02840

    $450,000

    • 2 Beds
    • 1 Bath
    • 726 Sq Ft
    • 45 Ayrault St
    • Unit 8
    • Newport, RI

    "Heartsease." This southwest facing second floor unit features a bright and sunny living room, eat-in kitchen, two bedrooms, and one assigned off street parking space in the heart of downtown Newport. Close to Bellevue Avenue and the restaurants and entertainment on Broadway. The condo fee includes grounds maintenance, snow removal, water, hot water, sewer and complimentary washers and dryers in

    Jose Aguon Gustave White Sotheby's Realty

    Section Image
  • 364 Bellevue Ave Unit D3, Newport, RI 02840

    $499,000

    • 1 Bed
    • 1 Bath
    • 667 Sq Ft
    • 364 Bellevue Ave
    • Unit D3
    • Newport, RI

    Live in the heart of Newport at the historic De La Salle on Bellevue Avenue. This one-bedroom condo offers private, single-level living with its own entrance. Gracious spaces adorn this unit with hardwood floors running throughout the living area and bedroom. Kitchen and bath boast beautiful tile floors. Pleasing built-ins offer ample cabinet storage. In unit laundry with an all-in-one

    Alpern & Mesenbourg Group Keller Williams Coastal

    Section Image
  • 401 Bellevue Ave Unit 100, Newport, RI 02840

    $485,000

    • 2 Beds
    • 1 Bath
    • 972 Sq Ft
    • 401 Bellevue Ave
    • Unit 100
    • Newport, RI

    Experience the best of Newport from this ideally situated two-bedroom, one-bath condominium on prestigious Bellevue Avenue, adjacent to The Elms. Located in a secure building with elevator access, this bright and airy residence offers convenient single-level living. Sunlight fills the spacious living and dining area, which seamlessly connects to a well-appointed kitchen and a charming Florida

    Joe Fitzpatrick RE/MAX Results

    Section Image
  • 401 Bellevue Ave Unit 214, Newport, RI 02840

    $450,000

    • 1 Bed
    • 1 Bath
    • 820 Sq Ft
    • 401 Bellevue Ave
    • Unit 214
    • Newport, RI

    This spacious 1-bedroom at 401 Bellevue Ave includes a rare bonus: the porch has been enclosed to create an extra room perfect for a home office or guest space. Hardwood floors throughout, private deck, basement storage, and deeded parking. Heat, hot water, and building maintenance are all included in the condo fee. Plus, enjoy the outdoor pool, community garden, and walkable location near the

    Ryan Hazinakis Keller Williams Coastal

    Section Image
  • 51 Poplar St Unit 1L, Newport, RI 02840

    $499,000

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • 51 Poplar St
    • Unit 1L
    • Newport, RI

    This beautifully updated 1-bedroom, 1-bathroom condominium offers an exceptional opportunity to own in the highly sought-after Point neighborhood at a significantly lower price-to-entry for the area. Enjoy the charm and character of one of Newport's most desirable locations, with easy access to shops, restaurants, and the stunning waterfront. Inside, the unit features brand new engineered

    Merysa Berrios Sevilla Vicente Realty

    Section Image
  • 621 Thames St Unit C, Newport, RI 02840

    $599,900

    • 2 Beds
    • 2 Baths
    • 821 Sq Ft
    • 621 Thames St
    • Unit C
    • Newport, RI

    Fifth Ward Gem! Deep in the heart of Newport's Fifth Ward perches this beautiful newly converted condominium. This two bedroom, two bath, third floor walk-up has been renovated completely! The master bedroom boasts an ensuite bathroom. Hardwood floors throughout have been refinished to their original luster. Quality hardwood kitchen cabinets provide an abundance of storage. New LG and GE

    Amy Burnes Homes By Connect

    Section Image
  • 35 Chastellux Ave Unit I, Newport, RI 02840

    $700,000

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • 35 Chastellux Ave
    • Unit I
    • Newport, RI

    "The Chalet"is located in one of Newport's most coveted areas with its proximity to the harbor and situated on 4 acres of private, estate-like grounds. Long recognized for its unique Swiss style architecture and listed on the National Register of historic places, this one-bedroom unit offers beautiful Oak floors, granite counters, custom oak breakfast counter, stainless appliances, custom window

    Tina Wiley Gustave White Sotheby's Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $575,000 None Available
Condominium Deed $575,000 None Available
Warranty Deed $100,000 --
Warranty Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $62,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $575,000 +4.5% $751 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $550,000 -- $718 / 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 $4,343 $528,400 $0 $528,400
2023 $2,668 $269,000 $0 $269,000
2022 $2,585 $269,000 $0 $269,000
2021 $2,510 $269,000 $0 $269,000
2020 $2,831 $275,400 $0 $275,400
2019 $2,831 $275,400 $0 $275,400
2018 $2,751 $275,400 $0 $275,400
2017 $3,887 $346,700 $0 $346,700
2016 $3,789 $346,700 $0 $346,700
2015 $3,699 $346,700 $0 $346,700
2014 $3,105 $257,500 $0 $257,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1361792

State-Wide MLS

APN: NEWP-000026-000081-000008