NOT LISTED FOR SALE

61 Prospect Hill St Unit 1 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $973,000 - $1,159,000

2 Beds
2 Baths
1,238 Sq Ft
$202/mo HOA Fee

Last Sold May 20, 2022

Last sale price $881,000 $712 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,241/month

48 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • 1 Fireplace
  • 4-minute walk to Touro Park

About This Home

As of May 2022

FABULOUS 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!

Last Agent to Sell the Property

Alice Sheerin

Teri Degnan RE & Consulting License #RES.0032864 Listed on: 04/01/2022

Last Buyer's Agent

Douglas Kohler

Lila Delman Compass License #RES.0043775

Lila Delman Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,071

Year Built

  • Built in 1906

HOA Fees

  • $202 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • 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
  • Hot Water Heating System
  • 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,071

Year Built

Built in 1906

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 1238.0
  • Building Name: Henderson House Condo
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1906
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: None
  • Fireplace Features: None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Cable TV
  • Living Area: 1238.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 201.96
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Parcel #: 61PROSPECTHILLST1NEWP
  • Zoning: R3
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Tax Info

  • Tax Annual Amount: 3071.44
  • Tax Lot: 057-1
  • Tax Year: 2021

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
Lila Delman Compass
List Price
$850,000
Sold Price
$881,000
Premium/Discount to List
$31,000
3.65%
Current Estimated Value
$1,038,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,060
Avg. Annual Appreciation
4.96%
Original Mortgage
$650,000
Outstanding Balance
$617,761
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,299

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%
Source: Public Records

Range of Values:

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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
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 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 List to Sale Price per Sq Ft
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

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 $7,141 $821,800 $0 $821,800
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

    Seller's Agent in 2022

    Alice Sheerin

    Teri Degnan RE & Consulting

    (401) 935-1601

    10 in this area

    24 Total Sales

    Alice Sheerin
    Section Image
  • Douglas Kohler

    Buyer's Agent in 2022

    Douglas Kohler

    Lila Delman Compass

    (401) 602-2507

    5 in this area

    35 Total Sales

    Douglas Kohler
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1306485

State-Wide MLS

APN: NEWP-000027-000057-000001

Rhode Island Newport County Newport 02840 Historic Hill

61 Prospect Hill St Unit 1, Newport, RI

This home is located at 61 Prospect Hill St Unit 1, Newport, RI 02840 since 01 April 2022 and is currently estimated at $1,038,060, approximately $838 per square foot. This property was built in 1906. 61 Prospect Hill St 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.

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