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
- Wood Flooring
- Central Air
- Wood Siding
- 1 Car Attached Garage
- Utility Room
- 3-minute walk to Queen Anne Square
About This Home
As of October 2024Discover refined living in this stunning condo, showcasing exceptional finishes, soaring ceilings, and oversized windows. Elegant wood paneling and shiplap frame a charming fireplace, while the kitchen impresses with stone counters, exquisite cabinetry and high-end appliances. This historic building has been completely transformed with state-of-the-art construction. Enjoy the convenience of a lower-level private parking garage with elevator access to your floor. The common rooftop deck provides an ideal space to take in the breathtaking harbor views from the heart of Historic Hill.
Last Agent to Sell the Property
Edge Realty RI License #RES.0040250 Listed on: 07/25/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $11,906
Year Built
- Built in 1800
HOA Fees
- $755 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
Home Design
- Wood Siding
- Plaster
Interior Spaces
- 1,627 Sq Ft Home
- 4-Story Property
- Marble Fireplace
- Utility Room
- Laundry in unit
- Wood Flooring
Bedrooms and Bathrooms
- 2 Bedrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Central Air
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Tax Lot 149
- Assessor Parcel Number 50SCHOOLST5NEWP
Community Details
Overview
- 8 Units
- Historic Hill Subdivision
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
6.19%
Original Mortgage
$1,215,000
Outstanding Balance
$1,204,680
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$483,775
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
Similar Homes in Newport, RI
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 | $1,615,000 | None Available | |
| Condominium Deed | $1,615,000 | None Available | |
| Condominium Deed | $1,435,000 | None Available | |
| Condominium Deed | $1,435,000 | None Available | |
| Warranty Deed | $1,350,000 | None Available | |
| Warranty Deed | $1,350,000 | 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 |
|---|---|---|---|
| Open | $1,215,000 | Purchase Money Mortgage | |
| Closed | $1,215,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
|---|---|---|---|---|
| 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
Seller's Agent in 2025
Karin Jackson
Lila Delman Compass
(401) 338-3771
9 in this area
159 Total Sales
-
Alex Fraioli
Seller's Agent in 2024
Alex Fraioli
Edge Realty RI
(401) 255-9109
12 in this area
142 Total Sales
-
Karen LeBlanc
Seller's Agent in 2022
Karen LeBlanc
Coldwell Banker Realty
(401) 533-4888
3 in this area
52 Total Sales
-
Kathleen Greenman
Seller's Agent in 2021
Kathleen Greenman
Gustave White Sotheby's Realty
(401) 848-6727
7 in this area
78 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
53 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1364304
APN: 24 149 5
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