Seller's Agent in 2022
Alice Sheerin
Teri Degnan RE & Consulting
(401) 935-1601
10 in this area
23 Total Sales
61 Prospect Hill St Unit 1 Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $912,000 - $1,055,000
2
Beds
2
Baths
1,238
Sq Ft
$202/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Tennis Courts
- Golf Course Community
- 1 Fireplace
- 4-minute walk to Touro Park
About This Home
As of May 2022FABULOUS LOCATION! This wonderful two bedroom / two bath condo is located on Historic Hill just steps to Downtown Newport! This condo has so much to offer including spacious living room with a stunning ornamental fireplace and built-in cabinets, dining room and master bedroom with private bathroom. There is plenty of storage, laundry in the unit, central air and parking for two. Relax on your sunny deck off of living room! The condo is move in ready for Summer 2022 for you to enjoy everything Newport has to offer - the harbor, shopping, restaurants and the nightlife in Newport!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,071
Year Built
- Built in 1906
HOA Fees
- $202 Monthly HOA Fees
Home Design
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,238 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Security System Owned
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Utilities
- Central Air
- Heating System Uses Oil
- Heating System Uses Steam
- 100 Amp Service
- Tankless Water Heater
- Cable TV Available
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 057-1
- Assessor Parcel Number 61PROSPECTHILLST1NEWP
Community Details
Overview
- Association fees include ground maintenance
- 3 Units
- Historic Hill Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2022
Closed on
May 17, 2022
Sold by
Feingold Felise B
Bought by
Craemer Michele B and Craemer Frank D
Seller's Agent
Alice Sheerin
Teri Degnan RE & Consulting
Buyer's Agent
Douglas Kohler
Compass / Lila Delman Compass
List Price
$850,000
Sold Price
$881,000
Premium/Discount to List
$31,000
3.65%
Total Days on Market
48
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
$121,007
Avg. Annual Appreciation
4.44%
Original Mortgage
$650,000
Outstanding Balance
$622,109
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$379,898
Purchase Details
Closed on
May 26, 2005
Sold by
Wotton Heather
Bought by
Fiengold Felise B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 1, 2004
Sold by
Zyskowski Carl S and Zyskowski Mark
Bought by
Wotton Heather
Purchase Details
Closed on
Jul 8, 1988
Sold by
Hamilton Eleanor
Bought by
Zyskowski Carl L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
10.54%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Craemer Michele B | $881,000 | None Available | |
| Fiengold Felise B | $482,500 | -- | |
| Wotton Heather | $345,000 | -- | |
| Zyskowski Carl L | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Craemer Michele B | $650,000 | |
| Previous Owner | Feingold Felise B | $296,400 | |
| Previous Owner | Feingold Felise B | $214,000 | |
| Previous Owner | Zyskowski Carl L | $280,000 | |
| Previous Owner | Zyskowski Carl L | $360,000 | |
| Previous Owner | Zyskowski Carl L | $386,000 | |
| Previous Owner | Zyskowski Carl L | $128,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/20/2022 05/20/22 | Sold | $881,000 | +3.6% | $712 / Sq Ft |
| 04/01/2022 04/01/22 | For Sale | $850,000 | -- | $687 / 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 | $6,755 | $821,800 | $0 | $821,800 |
| 2023 | $3,266 | $329,200 | $0 | $329,200 |
| 2022 | $3,164 | $329,200 | $0 | $329,200 |
| 2021 | $3,071 | $329,200 | $0 | $329,200 |
| 2020 | $3,209 | $312,200 | $0 | $312,200 |
| 2019 | $3,209 | $312,200 | $0 | $312,200 |
| 2018 | $3,119 | $312,200 | $0 | $312,200 |
| 2017 | $3,500 | $312,200 | $0 | $312,200 |
| 2016 | $3,412 | $312,200 | $0 | $312,200 |
| 2015 | $3,331 | $312,200 | $0 | $312,200 |
| 2014 | $3,350 | $277,800 | $0 | $277,800 |
Source: Public Records
Agents Affiliated with this Home
-
Alice Sheerin
-
Douglas Kohler
Buyer's Agent in 2022
Douglas Kohler
Compass / Lila Delman Compass
(401) 602-2507
5 in this area
39 Total Sales
Map
Similar Homes in Newport, RI
Source: State-Wide MLS
MLS Number: 1306485
APN: NEWP-000027-000057-000001
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