NOT LISTED FOR SALE

52 Morton Ave Unit 1 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $616,000 - $656,276

2 Beds
1 Bath
1,002 Sq Ft
$300/mo HOA Fee

Last Sold January 22, 2024

Last sale price $580,000 $579 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,023/month

70 Days on Market

Highlights

  • 0.22 Acre Lot
  • Tennis Courts
  • Porch
  • Wood Flooring
  • Walking Distance to Water
  • Window Unit Cooling System

About This Home

As of January 2024

Fabulous first floor condo overlooking Morton Park in Newport's 5th Ward neighborhood. A delightful covered porch sits high up to enjoy the tranquil views of the garden and park grounds. A welcoming foyer with an antique mantel leads you to the open living space with fresh updates of paint, gorgeous refinished wood floors, light fixtures, insulated windows, all new kitchen cabinets with under mount lighting and backsplash, quartz counters, and stainless appliance suite, and breakfast bar. The living room overlooks the park and has private french door access to the porch, patio and the landscaped back yard. The dining room will accomodate a large gathering and the breakfast counter makes a perfect buffet for entertaining. Two nice sized bedrooms share a newly remodeled bath with tiled shower, glass doors, new floors, lighting and fixtures. The ceilings are 9 ft giving a feeling of openness. In unit laundry for convenience or option to put in basement. Secured storage space. Pet friendly association and you can't beat having the park across the street for play. Easy walk to shops, restaurants, water front. Move-in ready. Monthly fee includes water. Get settled before the Holidays!

Last Agent to Sell the Property

Holly Mclear

Hogan Associates Christie's Brokerage Phone: 401-855-0485 License #RES.0028965 Listed on: 11/02/2023

Last Buyer's Agent

Caroline Richards

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,730

Year Built

  • Built in 1900

Lot Details

  • 9,670

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Combination Foundation
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1,002 Sq Ft Home
  • 1-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 52MORTONAV1NEWP

Community Details

Overview

  • Association fees include sewer, water
  • 3 Units
  • 5Th Ward Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,730

Year Built

Built in 1900

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.222
  • Subdivision Name: 5th Ward
  • Above Grade Finished Sq Ft: 1002.0
  • Building Name: Morton AVe Condos
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More, One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 401-855-0485
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 1002.0
  • Dining Room Type: Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Masonry, Vinyl Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Combination, Concrete Perimeter, Stone
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 300.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Sewer, Water

Lot Info

  • Lot Size Sq Ft: 9670.0
  • Parcel #: 52MORTONAV1NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 1730.0
  • Tax Lot: 161
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2024
Sold by
Shannon Kelli A
Bought by
Kelli Shannon Ret and Shannon
Current Estimated Value
$643,819

Purchase Details

Listed on
Nov 2, 2023
Closed on
Jan 18, 2024
Sold by
Rempelakis Marc E and Rempelakis Caren M
Bought by
Shannon Kelli A
Seller's Agent
Holly Mclear
Hogan Associates Christie's
Buyer's Agent
Caroline Richards
List Price
$635,000
Sold Price
$580,000
Premium/Discount to List
-$55,000
-8.66%
Views
184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$551,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2009
Sold by
Snyder Susan
Bought by
Rempelakis Marc and Rempelakis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2008
Sold by
Sully Squared Llc
Bought by
Snyder Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kelli Shannon Ret -- None Available
Kelli Shannon Ret -- None Available
Shannon Kelli A $580,000 None Available
Shannon Kelli A $580,000 None Available
Rempelakis Marc $257,500 --
Rempelakis Marc $257,500 --
Snyder Susan A $290,000 --
Snyder Susan A $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shannon Kelli A $551,000
Previous Owner Snyder Susan A $206,000
Previous Owner Snyder Susan A $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2024 01/22/24 Sold $580,000 -3.2% $579 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
11/30/2023 11/30/23 Price Changed $599,000 -5.7% $598 / Sq Ft
11/02/2023 11/02/23 For Sale $635,000 0.0% $634 / Sq Ft
02/17/2014 02/17/14 For Rent $1,650 0.0% --
02/17/2014 02/17/14 Rented $1,650 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $3,724 $428,600 $0 $428,600
2024 $3,523 $428,600 $0 $428,600
2023 $2,838 $286,100 $0 $286,100
2022 $2,749 $286,100 $0 $286,100
2021 $2,669 $286,100 $0 $286,100
2020 $2,767 $269,200 $0 $269,200
2019 $2,767 $269,200 $0 $269,200
2018 $2,689 $269,200 $0 $269,200
2017 $3,018 $269,200 $0 $269,200
2016 $2,942 $269,200 $0 $269,200
2015 $2,872 $269,200 $0 $269,200
2014 $3,232 $268,000 $0 $268,000
Source: Public Records

Agents Affiliated with this Home

  • Holly Mclear

    Seller's Agent in 2024

    Holly Mclear

    Hogan Associates Christie's

    (401) 855-0485

    7 in this area

    41 Total Sales

    Holly Mclear
    Section Image

  • C

    Buyer's Agent in 2024

    Caroline Richards

  • M

    Buyer's Agent in 2014

    Margaret Twist

    BHHS Commonwealth Real Estate

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1347070

State-Wide MLS

APN: NEWP-000040-000161-000001

Rhode Island Newport County Newport 02840 Fifth Ward

52 Morton Ave Unit 1, Newport, RI

This home is located at 52 Morton Ave Unit 1, Newport, RI 02840 since 02 November 2023 and is currently estimated at $643,819, approximately $642 per square foot. This property was built in 1900. 52 Morton Ave Unit 1 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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