NOT LISTED FOR SALE

Estimated Value: $1,887,000 - $2,482,000

2 Beds
3 Baths
2,573 Sq Ft
$948/ mo HOA Fee

Last Sold August 24, 2022

Last sale price $1,750,000 $680 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $13,987/month

50 Days on Market

Highlights

  • Marina
  • Private Lot
  • Attic
  • Water Views
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2022

The penthouse at Sherwood Condominium Association. Located among Newport's exceptionally beautiful estate area, Sherwood is sited on Bellevue Avenue on acres of verdant grounds close to beaches, mansions and town. This sunny and comfortable third floor condominium residence spans over 2573 square feet of interior living space with the added benefit of two expansive terraces, offering panoramic views of the Atlantic Ocean and dramatic sunsets. This airy, sunfilled residence, with its high ceilings and generous access to the outdoors makes entertaining delightful. Comfortable floorpan features a large drawing room at the center of the residence, seamlessly flowing to the beautifully appointed eat in kitchen and terraces. The primary bedroom is ensuite, and flows to a den which could be a 3rd bedroom. The second bedroom is on the northern end of the residence, with a large bathroom ensuite and laundry room. Graced by classical architecture inside and out, Sherwood is a private, iconic residence in Newport which was built as a Stick Style mansion in 1872 by George Champlin Mason, converted to a Neo Georgian Style mansion in 1900 by Frances Hoppin, later made into condominiums in 1971. Sale subject to Sherwood unit owners right of first refusal.

Last Agent to Sell the Property

Kristin Parella

Lila Delman Compass License #REB.0019735 Listed on: 07/04/2022

Lila Delman Compass

Last Buyer's Agent

Christine MacDonald

Coldwell Banker Realty License #REB.0019541

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,353

Year Built

  • Built in 1900

HOA Fees

  • $948 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Brick Foundation
  • Stone Foundation
  • Plaster

Interior Spaces

  • 2,573 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Marble Fireplace
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Underground Utilities
  • 100 Amp Service
  • Water Heater

Additional Features

  • Accessible Elevator Installed
  • Secluded Lot

Listing and Financial Details

  • Tax Lot 09
  • Assessor Parcel Number 553BELLEVUEAV13NEWP

Community Details

Overview

  • Association fees include hot water, ground maintenance, parking, sewer, snow removal, trash, water
  • 16 Units
  • Bellevue Estate Area Subdivision

Amenities

  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,353

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

HOA Fees

$948 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Sale subject to Sherwood Condominium owners right of first refusal
  • Subdivision Name: Bellevue Estate Area
  • Above Grade Finished Sq Ft: 2573.0
  • Building Name: SHERWOOD CONDO ASSN
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Common Water Heater, Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Entry Location: Elevator,Third Floor or higher Access
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Wet Bar, Bathtub, Tub Shower
  • Living Area: 2573.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster
  • Exterior Features: Balcony, Porch, Patio, Barbecue
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Balcony, Patio, Porch

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 948.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Hot Water, Maintenance Grounds, Parking, Sewer, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 553BELLEVUEAV13NEWP
  • Zoning: R60
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 16

Tax Info

  • Tax Annual Amount: 5353.0
  • Tax Lot: 09
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2022
Closed on
Aug 24, 2022
Sold by
Mcvickar Juliet
Bought by
Vansoelen Jean
Seller's Agent
Kristin Parella
Lila Delman Compass
Buyer's Agent
Christine MacDonald
Coldwell Banker Realty
List Price
$1,795,000
Sold Price
$1,750,000
Premium/Discount to List
-$45,000
-2.51%
Current Estimated Value
$2,253,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,877
Avg. Annual Appreciation
7.30%
Original Mortgage
$1,000,000
Outstanding Balance
$949,519
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,304,358

Purchase Details

Closed on
Jun 6, 2000
Sold by
Reardon John J and Reardon Sally M
Bought by
Mcvickar Harry
Source: Public Records
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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
Vansoelen Jean $1,750,000 None Available
Mcvickar Harry $685,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vansoelen Jean $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $1,750,000 -2.5% $680 / Sq Ft
07/04/2022 07/04/22 For Sale $1,795,000 -- $698 / Sq Ft
Source: State-Wide MLS

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 $14,192 $1,633,300 $0 $1,633,300
2024 $13,426 $1,633,300 $0 $1,633,300
2023 $5,866 $591,300 $0 $591,300
2022 $5,513 $573,700 $0 $573,700
2021 $5,353 $573,700 $0 $573,700
2020 $6,796 $661,100 $0 $661,100
2019 $6,796 $661,100 $0 $661,100
2018 $6,604 $661,100 $0 $661,100
2017 $7,411 $661,100 $0 $661,100
2016 $7,226 $661,100 $0 $661,100
2015 $7,054 $661,100 $0 $661,100
2014 $8,693 $720,800 $0 $720,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1314613

State-Wide MLS

APN: NEWP-000037-000009-000013

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