Seller's Agent in 2025
Karin Jackson
Lila Delman Compass
(401) 338-3771
8 in this area
162 Total Sales
50 School St Unit 5 Newport, RI 02840
Historic Hill Neighborhood
2
Beds
2.5
Baths
1,627
Sq Ft
$755/mo
HOA Fee
Highlights
- Marina
- Deck
- Wood Flooring
- Golf Course Community
- Cathedral Ceiling
- 3-minute walk to Queen Anne Square
About This Home
As of August 2025Meticulously designed to meet the most discerning tastes, this exquisite condominium offers 1,627 sqft of elegant living space nestled in the heart of Historic Hill. As you step inside, you will be captivated by the soaring cathedral ceilings and the warmth of hardwood floors throughout. The expansive living area features oversized windows that flood the room with natural light while accompanied by a gas fireplace framed with detailed woodwork, creating a cozy space and perfect for relaxing evenings. The gourmet kitchen is equipped with Wolf and Subzero appliances, inset cabinetry, and stone countertops. Custom California closets offer ample storage in both bedrooms, while the in-unit laundry adds ease to your daily routine. This residence includes two spacious bedrooms and two and a half luxurious bathrooms, designed with elegant, modern finishes. The building features a newly remodeled foyer, elevator for easy access, and a private parking garage with assigned spaces, ensuring convenience and security. For those who enjoy outdoor living, a communal roof top deck with wet bar provides the prime setting for entertaining or simply enjoying the panoramic views of Newport Harbor. Experience the vibrant lifestyle of Newport with the benefit of walking to all the city by the sea has to offer, from fine dining and shopping to cultural attractions. This luxury condominium embodies the flawless fusion of historic charm and contemporary elegance. Brand new custom furniture included.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,906
Year Built
- Built in 1803
HOA Fees
- $755 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Driveway
- Assigned Parking
Home Design
- Entry on the 2nd floor
- Combination Foundation
- Clapboard
Interior Spaces
- 1,627 Sq Ft Home
- 4-Story Property
- Furnished
- Cathedral Ceiling
- Gas Fireplace
- Storage Room
- Utility Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Additional Features
- Deck
- Property near a hospital
Listing and Financial Details
- Legal Lot and Block 149 / 5
- Assessor Parcel Number 50SCHOOLST5NEWP
Community Details
Overview
- Association fees include insurance, ground maintenance, parking, trash, water
- 8 Units
Amenities
- Shops
- Restaurant
- Public Transportation
- Community Storage Space
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2024
Closed on
Oct 21, 2024
Sold by
Mkr Commercial Llc
Bought by
Nisberg Jay N and Nisberg Sally A
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Karin Jackson
Lila Delman Compass
List Price
$1,850,000
Sold Price
$1,615,000
Premium/Discount to List
-$235,000
-12.7%
Views
56
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$1,215,000
Outstanding Balance
$1,202,038
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$534,579
Purchase Details
Listed on
Feb 24, 2022
Closed on
Apr 11, 2022
Sold by
Baum Antonia L
Bought by
Mkr Properties Llc
Seller's Agent
Karen LeBlanc
Coldwell Banker Realty
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$1,469,000
Sold Price
$1,435,000
Premium/Discount to List
-$34,000
-2.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.88%
Purchase Details
Listed on
Feb 8, 2021
Closed on
Dec 20, 2021
Sold by
50 School Development Llc
Bought by
Baum Antonia L
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Karen LeBlanc
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,350,000
Premium/Discount to List
-$145,000
-9.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%
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
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 |
|---|---|---|---|
| Condominium Deed | $1,700,000 | -- | |
| Condominium Deed | $1,700,000 | -- | |
| Condominium Deed | $1,700,000 | -- | |
| Condominium Deed | $1,700,000 | -- | |
| Condominium Deed | $1,615,000 | None Available | |
| Condominium Deed | $1,615,000 | None Available | |
| Condominium Deed | $1,615,000 | None Available | |
| Condominium Deed | $1,435,000 | None Available | |
| Condominium Deed | $1,435,000 | None Available | |
| Condominium Deed | $1,435,000 | None Available | |
| Warranty Deed | $1,350,000 | None Available | |
| Warranty Deed | $1,350,000 | None Available | |
| Warranty Deed | $1,350,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed In Lieu Of Foreclosure | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,215,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2025 08/25/25 | Sold | $1,700,000 | -2.2% | $1,045 / Sq Ft |
| 08/17/2025 08/17/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | For Sale | $1,739,000 | +7.7% | $1,069 / Sq Ft |
| 10/22/2024 10/22/24 | Sold | $1,615,000 | -12.7% | $993 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $1,850,000 | +28.9% | $1,137 / Sq Ft |
| 04/30/2022 04/30/22 | Sold | $1,435,000 | -2.3% | $882 / Sq Ft |
| 04/06/2022 04/06/22 | Pending | -- | -- | -- |
| 02/24/2022 02/24/22 | For Sale | $1,469,000 | +8.8% | $903 / Sq Ft |
| 12/20/2021 12/20/21 | Sold | $1,350,000 | -9.7% | $830 / Sq Ft |
| 11/20/2021 11/20/21 | Pending | -- | -- | -- |
| 02/08/2021 02/08/21 | For Sale | $1,495,000 | -- | $919 / 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 |
|---|---|---|---|---|
| 2025 | $12,584 | $1,448,300 | $0 | $1,448,300 |
| 2024 | $11,905 | $1,448,300 | $0 | $1,448,300 |
| 2023 | $8,284 | $835,100 | $0 | $835,100 |
| 2022 | $8,025 | $835,100 | $0 | $835,100 |
| 2021 | $7,791 | $835,100 | $0 | $835,100 |
| 2020 | $7,228 | $668,200 | $0 | $668,200 |
| 2019 | $6,869 | $668,200 | $0 | $668,200 |
| 2018 | $4,632 | $463,700 | $0 | $463,700 |
Source: Public Records
Agents Affiliated with this Home
-
Karin Jackson
-
Edith Cushing
Buyer's Agent in 2025
Edith Cushing
RE/MAX Profnl. Newport, Inc.
(401) 862-7703
5 in this area
45 Total Sales
-
Alex Fraioli
Seller's Agent in 2024
Alex Fraioli
Edge Realty RI
(401) 255-9109
12 in this area
136 Total Sales
-
Karen LeBlanc
Seller's Agent in 2022
Karen LeBlanc
Coldwell Banker Realty
(401) 533-4888
3 in this area
53 Total Sales
-
Kathleen Greenman
Seller's Agent in 2021
Kathleen Greenman
Gustave White Sotheby's Realty
(401) 848-6727
7 in this area
75 Total Sales
-
Michelle Kirby
M
Seller Co-Listing Agent in 2021
Michelle Kirby
Gustave White Sotheby's Realty
(401) 848-6714
7 in this area
54 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1388967
APN: 24 149 5
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