50 School St Unit 8 Newport, RI 02840
Historic Hill Neighborhood
4
Beds
4.5
Baths
2,883
Sq Ft
$1,370/mo
HOA Fee
Highlights
- Marina
- Golf Course Community
- Wood Flooring
- Water Views
- Cathedral Ceiling
- 3-minute walk to Queen Anne Square
About This Home
As of December 2022Luxurious Coastal Living on Historic Hill in the heart of Newport! This upscale pristine penthouse condo is truly one of a kind! To assure you have the best harbor and sunset views say hello to beautiful, oversized FLOOR TO CEILING Pella windows throughout, two private outdoor spaces, we promise you will have a vast amount of sunlight & spectacular view overlooking Newport Harbor!! This flawlessly designed condo boasts nothing less than premium finishes, custom molding & woodwork, white marble gas fireplace, and SOURING 14-foot coffered ceilings. Sprawling open concept floor plan transitions effortlessly throughout the living area and spills graciously into an expansive all white kitchen w/ sparking quartz countertops, high-end appliances, and custom cabinets. This condo offers spacious living w/ 4 beds & 4.5 baths and includes 2 garage parking spaces & storage. Perched up high you will find a common furnished ROOFTOP deck with an exquisite view of Newport and water views seen in every direction! Come see this exceptional designer condo while it lasts!
Last Agent to Sell the Property
Broadway Real Estate Group License #REC.0016109 Listed on: 06/22/2022
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $19,485
Year Built
- Built in 1805
HOA Fees
- $1,370 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Assigned Parking
Home Design
- Wood Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,883 Sq Ft Home
- 4-Story Property
- Cathedral Ceiling
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- 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
- 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 50SCHOOLST8NEWP
Community Details
Overview
- Association fees include sewer, snow removal, trash, water
- Historic Hill Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 22, 2022
Closed on
Nov 11, 2022
Sold by
Gaudreau Jr Tr Robert G
Bought by
Mkr Rental Goup Llc
Seller's Agent
Doug Jeffrey
Broadway Real Estate Group
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$2,995,000
Sold Price
$2,650,000
Premium/Discount to List
-$345,000
-11.52%
Views
154
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
$64,481
Avg. Annual Appreciation
2.27%
Purchase Details
Listed on
Dec 7, 2020
Closed on
Oct 28, 2021
Sold by
50 School Development Llc
Bought by
Robert R Gaudreau Jr T R and Robert Gaudreau
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Doug Jeffrey
Broadway Real Estate Group
List Price
$2,879,000
Sold Price
$2,650,000
Premium/Discount to List
-$229,000
-7.95%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$2,120,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
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 Home 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 |
|---|---|---|---|
| Deed | $2,650,000 | None Available | |
| Warranty Deed | $2,650,000 | 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 | $2,120,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/09/2022 12/09/22 | Sold | $2,650,000 | -11.5% | $919 / Sq Ft |
| 10/20/2022 10/20/22 | Pending | -- | -- | -- |
| 06/22/2022 06/22/22 | For Sale | $2,995,000 | +13.0% | $1,039 / Sq Ft |
| 10/29/2021 10/29/21 | Sold | $2,650,000 | -8.0% | $919 / Sq Ft |
| 09/29/2021 09/29/21 | Pending | -- | -- | -- |
| 12/07/2020 12/07/20 | For Sale | $2,879,000 | -- | $999 / 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 | $21,167 | $2,575,000 | $0 | $2,575,000 |
| 2023 | $17,729 | $1,787,200 | $0 | $1,787,200 |
| 2022 | $17,175 | $1,787,200 | $0 | $1,787,200 |
| 2021 | $17,539 | $1,879,900 | $0 | $1,879,900 |
| 2020 | $13,426 | $1,895,500 | $0 | $1,895,500 |
| 2019 | $19,486 | $1,895,500 | $0 | $1,895,500 |
| 2018 | $8,978 | $898,700 | $0 | $898,700 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Doug Jeffrey
Broadway Real Estate Group
(401) 255-5530
2 in this area
133 Total Sales
-
Buyer's Agent in 2022
Alex Fraioli
Edge Realty RI
(401) 255-9109
12 in this area
143 Total Sales
-
M
Seller's Agent in 2021
Michelle Kirby
Gustave White Sotheby's Realty
(401) 848-6714
7 in this area
53 Total Sales
-
Seller Co-Listing Agent in 2021
Kathleen Greenman
Gustave White Sotheby's Realty
(401) 848-6727
7 in this area
77 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1313715
APN: 24 149 8
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