50 School St Unit 3 Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $1,545,000 - $1,702,000
2
Beds
2.5
Baths
1,559
Sq Ft
$725/mo
HOA Fee
Highlights
- Marina
- Golf Course Community
- Deck
- Water Views
- 0.15 Acre Lot
- 3-minute walk to Queen Anne Square
About This Home
As of February 2022Last unit available in this brilliant historic condo conversion in the heart of Historic Hill! Soaring ceilings and huge oversized windows create an incredible light-filled open living/dining/kitchen area. Master bedroom also has lovely light plus a spacious master bath and walk in closet. With beautiful detail, incredible storage, lovely gas fireplace, wolf stove and subzero refrigerator this 2 bedroom, 2 1/2 bath condo is incredible. Completely renovated with state of the art systems and the finest craftmanship amenities include a rare and sought after lower level private parking garage with elevator access to unit entry door and a common rooftop deck with stunning and commanding harbor views. Fabulous location is just two blocks from harborfront and short walk to restaurants, shops, and all that Newport has to offer. First level, single level unit.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0019942 Listed on: 12/26/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,802
Year Built
- Built in 1803
Lot Details
- 6,534
HOA Fees
- $725 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
- 1,559 Sq Ft Home
- 4-Story Property
- 1 Fireplace
- Thermal Windows
- Water Views
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Accessible Home Design
- Accessible Elevator Installed
- Accessibility Features
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 149-3
- Assessor Parcel Number 50SCHOOLST3NEWP
Community Details
Overview
- 8 Units
- Historic Hill Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 26, 2021
Closed on
Feb 9, 2022
Sold by
50 School Development Llc
Bought by
Townsend Charles H and Townsend Jill O
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Chris West
Gustave White Sotheby's Realty
List Price
$1,395,000
Sold Price
$1,325,000
Premium/Discount to List
-$70,000
-5.02%
Total Days on Market
21
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
$283,517
Avg. Annual Appreciation
6.04%
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
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Townsend Charles H | $1,325,000 | None Available | |
| 50 School Development Llc | -- | None Available | |
| Bluedog Capital Partners | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/16/2022 02/16/22 | Sold | $1,325,000 | -5.0% | $850 / Sq Ft |
| 01/17/2022 01/17/22 | Pending | -- | -- | -- |
| 12/26/2021 12/26/21 | For Sale | $1,395,000 | -- | $895 / 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 | $11,030 | $1,341,900 | $0 | $1,341,900 |
| 2023 | $8,321 | $838,800 | $0 | $838,800 |
| 2022 | $8,061 | $838,800 | $0 | $838,800 |
| 2021 | $7,803 | $836,300 | $0 | $836,300 |
| 2020 | $6,920 | $758,000 | $0 | $758,000 |
| 2019 | $7,792 | $758,000 | $0 | $758,000 |
| 2018 | $4,433 | $443,700 | $0 | $443,700 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Kirby
M
Seller's Agent in 2022
Michelle Kirby
Gustave White Sotheby's Realty
(401) 848-6714
7 in this area
50 Total Sales
-
Kathleen Greenman
Seller Co-Listing Agent in 2022
Kathleen Greenman
Gustave White Sotheby's Realty
(401) 848-6727
7 in this area
75 Total Sales
-
Chris West
Buyer's Agent in 2022
Chris West
Gustave White Sotheby's Realty
(203) 994-1165
2 in this area
25 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1300494
APN: 24 149 3
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