NOT LISTED FOR SALE

50 School St Unit 2 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,079,000 - $1,482,000

2 Beds
2.5 Baths
1,384 Sq Ft
$655/mo HOA Fee

Last Sold December 07, 2021

Last sale price $1,210,000 $874 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $8,647/month

459 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Marble Flooring
  • Water Views
  • 0.15 Acre Lot
  • 3-minute walk to Queen Anne Square

About This Home

As of December 2021

Soaring ceilings, oversized windows, beautiful finish detail, and appliance package in this exquisite condo. All new state-of-the-art construction in this historic building condo conversion. Lower level private garage parking, elevator, and common rooftop deck with fabulous harbor and sunset views in the heart of Historic Hill. First floor townhouse unit.

Last Agent to Sell the Property

Kathleen Greenman

Gustave White Sotheby's Realty License #RES.0014874 Listed on: 08/04/2020

Gustave White Sotheby's Realty

Co-Listed By

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942

Last Buyer's Agent

Douglas Kohler

Compass / Lila Delman Compass License #RES.0043775

Compass / Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,082

Year Built

  • Built in 1803

Lot Details

  • 6,534

HOA Fees

  • $655 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,384 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Thermal Windows
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

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

Listing and Financial Details

  • Tax Lot 149
  • Assessor Parcel Number 50SCHOOLST2NEWP

Community Details

Overview

  • 8 Units
  • Historic Hill/Intown Newport Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,082

Year Built

Built in 1803

Lot Details

0

HOA Fees

$655 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Historic Hill/Intown Newport
  • Above Grade Finished Sq Ft: 1384.0
  • Building Name: Harrison House
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1803
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Elevator,First Floor Access,Private Entry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bathtub, Tub Shower, Elevator, Cable TV
  • Living Area: 1384.0
  • Stories: 4
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Corner Lot
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Brick, Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: Brick/Mortar, Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 655.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 50SCHOOLST2NEWP
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 8

Tax Info

  • Tax Annual Amount: 8082.0
  • Tax Lot: 149
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2020
Closed on
Dec 3, 2021
Sold by
50 School Development Llc
Bought by
Nestor Laura
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Douglas Kohler
Compass / Lila Delman Compass
List Price
$1,350,000
Sold Price
$1,210,000
Premium/Discount to List
-$140,000
-10.37%
Total Days on Market
459
Current Estimated Value
$1,347,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,406
Avg. Annual Appreciation
4.54%
Original Mortgage
$505,000
Outstanding Balance
$469,096
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$943,138

Purchase Details

Closed on
Jun 4, 2021
Sold by
Bluedog Capital Partners
Bought by
50 School Development Llc

Purchase Details

Closed on
Nov 30, 2018
Sold by
Aquidneck Properties Llc
Bought by
Bluedog Capital Partners
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
Nestor Laura $1,210,000 None Available
50 School Development Llc -- None Available
Bluedog Capital Partners -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nestor Laura $505,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $1,210,000 -10.4% $874 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
08/04/2020 08/04/20 For Sale $1,350,000 -- $975 / 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 $10,088 $1,227,200 $0 $1,227,200
2023 $7,638 $770,000 $0 $770,000
2022 $7,400 $770,000 $0 $770,000
2021 $7,184 $770,000 $0 $770,000
2020 $6,680 $786,200 $0 $786,200
2019 $8,082 $786,200 $0 $786,200
2018 $4,110 $411,400 $0 $411,400
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Greenman

    Seller's Agent in 2021

    Kathleen Greenman

    Gustave White Sotheby's Realty

    (401) 848-6727

    7 in this area

    75 Total Sales

    Kathleen Greenman
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michelle Kirby

    Gustave White Sotheby's Realty

    (401) 848-6714

    7 in this area

    50 Total Sales

    Michelle Kirby
    Section Image
  • Douglas Kohler

    Buyer's Agent in 2021

    Douglas Kohler

    Compass / Lila Delman Compass

    (401) 602-2507

    5 in this area

    38 Total Sales

    Douglas Kohler
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1258054

State-Wide MLS

APN: 24 149 2

Rhode Island Newport County Newport 02840 Historic Hill

50 School St Unit 2, Newport, RI

This home is located at 50 School St Unit 2, Newport, RI 02840 since 04 August 2020 and is currently estimated at $1,347,406, approximately $973 per square foot. This property was built in 1803. 50 School St Unit 2 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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