50 School St Unit 6 Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $1,195,000 - $1,664,491
2
Beds
2.5
Baths
1,682
Sq Ft
$755/mo
HOA Fee
Highlights
- Marina
- Corner Lot
- Walking Distance to Water
- Wood Flooring
- Tennis Courts
- 3-minute walk to Queen Anne Square
About This Home
As of March 2023Stunning two bedroom condominium in meticulously restored landmark building in desirable Historic Hill neighborhood. The second-floor unit is south and west facing, filled with natural light and overlooks Trinity Church and other historic properties. The soaring coffered ceilings in the main living space will never fail to impress you and guests upon entering. The hardwood flooring, wainscoting, deep moldings and casings all add to the unique character of this special home. The upscale kitchen has a center island, quartz counter tops, Wolf 6 burner range and a Sub Zero refrigerator. There is a private laundry room off the kitchen and a guest bath off the entry hall. The Master Suite has two walk-in closets and a lovely bath with custom tile tub & shower. The second bedroom is privately situated with a full bath. You will love the convenience of the parking garage with elevator to whisk you upstairs. There is a common roof top deck overlooking the bridge and harbor that provides the perfect venue to enjoy spectacular sunsets. Stroll down the hill to many nearby restaurants along Thames Street and the waterfront.
Last Listed By
Compass / Lila Delman Compass License #REB.0014586 Listed on: 11/23/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,804
Year Built
- Built in 1803
HOA Fees
- $755 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Garage Door Opener
- Assigned Parking
Home Design
- Stone Foundation
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,682 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Thermal Windows
- Storage Room
- Utility Room
- Wood Flooring
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Cable TV Available
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 149-6
- Assessor Parcel Number 50SCHOOLST6NEWP
Community Details
Overview
- Association fees include ground maintenance, parking, snow removal, water
- Historic Hill Subdivision
Amenities
- Shops
Recreation
- Marina
- Tennis Courts
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 23, 2022
Closed on
Mar 6, 2023
Sold by
Cari L Harkness Ret and Harkness
Bought by
Mehos Harris C
Seller's Agent
William Parker Sizeland
Compass / Lila Delman Compass
Buyer's Agent
Douglas Kohler
Compass / Lila Delman Compass
List Price
$1,550,000
Sold Price
$1,450,000
Premium/Discount to List
-$100,000
-6.45%
Total Days on Market
102
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
$37,623
Avg. Annual Appreciation
3.83%
Original Mortgage
$511,000
Outstanding Balance
$497,852
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,078,917
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
Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mehos Harris C | $1,450,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mehos Harris C | $511,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2023 03/07/23 | Pending | -- | -- | -- |
| 03/06/2023 03/06/23 | Sold | $1,450,000 | -6.5% | $862 / Sq Ft |
| 11/23/2022 11/23/22 | For Sale | $1,550,000 | 0.0% | $922 / Sq Ft |
| 07/29/2021 07/29/21 | For Rent | $4,000 | 0.0% | -- |
| 07/29/2021 07/29/21 | Rented | $4,000 | +14.3% | -- |
| 07/24/2020 07/24/20 | For Rent | $3,500 | 0.0% | -- |
| 07/24/2020 07/24/20 | Rented | $3,500 | 0.0% | -- |
| 12/28/2017 12/28/17 | Sold | $1,345,000 | 0.0% | $878 / Sq Ft |
| 12/28/2017 12/28/17 | For Sale | $1,345,000 | -- | $878 / 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 | $11,727 | $1,426,600 | $0 | $1,426,600 |
| 2023 | $8,056 | $812,100 | $0 | $812,100 |
| 2022 | $7,804 | $812,100 | $0 | $812,100 |
| 2021 | $7,577 | $812,100 | $0 | $812,100 |
| 2020 | $3,976 | $685,200 | $0 | $685,200 |
| 2019 | $7,044 | $685,200 | $0 | $685,200 |
| 2018 | $4,752 | $475,700 | $0 | $475,700 |
Source: Public Records
Agents Affiliated with this Home
-
William Parker Sizeland
Seller's Agent in 2023
William Parker Sizeland
Compass / Lila Delman Compass
(401) 862-7428
3 in this area
90 Total Sales
-
Douglas Kohler
Buyer's Agent in 2023
Douglas Kohler
Compass / Lila Delman Compass
(401) 602-2507
5 in this area
38 Total Sales
-
Jessica Chase
Seller's Agent in 2021
Jessica Chase
Gustave White Sotheby's Realty
(401) 864-3596
7 in this area
85 Total Sales
-
Courtney Van Beuren
Buyer's Agent in 2020
Courtney Van Beuren
Compass / Lila Delman Compass
(401) 297-1334
19 Total Sales
-
Kathleen Greenman
Seller's Agent in 2017
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 2017
Michelle Kirby
Gustave White Sotheby's Realty
(401) 848-6714
7 in this area
50 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1325607
APN: 24 149 6
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