$385,000
SOLD OCT 4, 2024

70 Carroll Ave Unit 1005 Newport, RI 02840

Fifth Ward Neighborhood
1 Bed
1 Bath
625 Sq Ft
$394/mo HOA Fee

Recently Sold

$616 Per Sq Ft

39 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Golf Course Community
  • Tennis Courts
  • Porch

About This Home

As of October 2024

Updated, sun-filled, 1 bed 1 bath condo, located in the fifth ward! Appliances include, a newer dishwasher, refrigerator, microwave & stove as well as newly refinished hard wood floors, counter tops and cabinets. The condo comes with 1 parking space and a shared washer/dryer located in the basement. HOA fees include water/sewer & heat. Current tenants lease runs through 8/31/24. Text or email for a showing!

Last Agent to Sell the Property

Erin Moitoza

Anchor & Hope Real Estate LLC License #REB.0019102 Listed on: 08/19/2024

Last Buyer's Agent

Michelle Gilman

William Raveis Inspire License #RES.0026182

William Raveis Inspire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,758

Year Built

  • Built in 1962

HOA Fees

  • $394 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 625 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 70CARROLLAV1005NEWP

Community Details

Overview

  • Association fees include gas, heat, hot water, laundry, ground maintenance, parking, sewer, snow removal, water
  • 152 Units
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,758

Year Built

Built in 1962

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Inclusions: Current rent is $1850/mo, utilities included. (Heat/water/sewer)
  • Above Grade Finished Sq Ft: 625.0
  • Building Name: Oceans Way
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 625.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Brick
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Maintenance On-Site, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Maintenance
  • Association Fee: 393.73
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Gas, Heat, Hot Water, Laundry, Maintenance Grounds, Parking, Sewer, Snow Removal, Water

Lot Info

  • Parcel #: 70CARROLLAV1005NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 152

Tax Info

  • Tax Annual Amount: 1758.0
  • Tax Lot: 003
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Oct 4, 2024
Sold by
Stiefel William
Bought by
Kerr Cynthia A
Seller's Agent
Erin Moitoza
Anchor & Hope Real Estate LLC
Buyer's Agent
Michelle Gilman
William Raveis Inspire
List Price
$385,000
Sold Price
$385,000
Total Days on Market
39
Views
26
Current Estimated Value
$384,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$504
Avg. Annual Appreciation
-0.20%
Original Mortgage
$308,000
Outstanding Balance
$306,463
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$78,033

Purchase Details

Listed on
Jan 16, 2024
Closed on
Feb 13, 2024
Sold by
Standard Mgrs Llc
Bought by
Stiefel William
Seller's Agent
Erin Moitoza
Anchor & Hope Real Estate LLC
Buyer's Agent
Erin Moitoza
Anchor & Hope Real Estate LLC
List Price
$369,000
Sold Price
$370,000
Premium/Discount to List
$1,000
0.27%
Views
76

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
Apr 6, 2016
Closed on
Sep 13, 2016
Sold by
Kovijanic Vaso
Bought by
Habib Jahan Z
Seller's Agent
Cathy Wicks
Hogan Associates Christie's
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$130,000
Sold Price
$121,495
Premium/Discount to List
-$8,505
-6.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.12%
Original Mortgage
$109,345
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2004
Sold by
Berkeley Manor Nprt Gr
Bought by
Kovjanic Vaso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $385,000 None Available
Warranty Deed $385,000 None Available
Warranty Deed $370,000 None Available
Warranty Deed $370,000 None Available
Deed $121,495 --
Deed $121,495 --
Deed $125,000 --
Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $308,000 Purchase Money Mortgage
Closed $308,000 Purchase Money Mortgage
Previous Owner $109,345 New Conventional
Previous Owner $99,900 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2024 10/04/24 Sold $385,000 0.0% $616 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $385,000 +4.1% $616 / Sq Ft
02/22/2024 02/22/24 Sold $370,000 +0.3% $592 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $369,000 +203.7% $590 / Sq Ft
09/12/2016 09/12/16 Sold $121,495 -6.5% $194 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $130,000 -- $208 / 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
2024 $2,399 $291,900 $0 $291,900
2023 $1,758 $177,200 $0 $177,200
2022 $1,703 $177,200 $0 $177,200
2021 $1,653 $177,200 $0 $177,200
2020 $1,265 $123,100 $0 $123,100
2019 $1,265 $123,100 $0 $123,100
2018 $1,230 $123,100 $0 $123,100
2017 $1,281 $114,300 $0 $114,300
2016 $1,249 $114,300 $0 $114,300
2015 $1,220 $114,300 $0 $114,300
2014 $1,229 $101,900 $0 $101,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1366432

State-Wide MLS

APN: NEWP-000040-000003-001005