NOT LISTED FOR SALE

70 Carroll Ave Unit 1208 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $264,000 - $361,000

1 Bed
1 Bath
625 Sq Ft
$395/mo HOA Fee

Last Sold March 19, 2021

Last sale price $185,000 $296 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,366/month

152 Days on Market

Highlights

  • Tennis Courts
  • Bathtub with Shower
  • Storage Room
  • Walking Distance to Water
  • Laundry Room
  • Baseboard Heating

About This Home

As of March 2021

Your perfect "escape to Newport" abode a starter home, solid investment, and/or income-producing rental at a price you can't beat. A second-floor end unit, simple and sunny, with a very reasonable monthly condo fee that includes most utilities heat, water, and maintenance of the grounds. Two parking spots are provided, and there are shared coin-operated laundry facilities in the building. Located in the popular Fifth Ward neighborhood, less than one mile to Gooseberry Beach (voted one of the top ten beaches in America by Travel & Leisure Magazine) and an easy walk into downtown Newport. Keep it simple at Ocean's Way of Newport.

Last Agent to Sell the Property

Kara Malkovich

Compass / Lila Delman Compass License #REB.0017255 Listed on: 09/17/2020

Compass / Lila Delman Compass

Last Buyer's Agent

Annie Becker

Lila Delman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,265

Year Built

  • Built in 1962

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Water Heater

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 70CARROLLAV1208NEWP

Community Details

Overview

  • 152 Units
  • Fifth Ward Subdivision
  • On-Site Maintenance
  • Maintained Community

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,265

Year Built

Built in 1962

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 625.0
  • Building Name: Ocean's Way of Newport
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Common Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: None
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 625.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Maintenance On-Site, Near Schools, Recreation Area, Tennis Court(s)
  • Senior Community: No
  • Amenities: Maintenance
  • Association Fee: 395.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 70CARROLLAV1208NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 152

Tax Info

  • Tax Annual Amount: 1265.0
  • Tax Lot: 003
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Mar 17, 2021
Sold by
Holder Roseleen A
Bought by
Toppa Margaret M
Seller's Agent
Kara Malkovich
Compass / Lila Delman Compass
Buyer's Agent
Annie Becker
Lila Delman Real Estate
List Price
$189,000
Sold Price
$185,000
Premium/Discount to List
-$4,000
-2.12%
Total Days on Market
152
Current Estimated Value
$330,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,745
Avg. Annual Appreciation
16.76%

Purchase Details

Closed on
May 31, 2005
Sold by
Trabucchi Kim
Bought by
Holder Roseleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
5.94%
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 Buyer Sale Price Title Company
Toppa Margaret M $185,000 None Available
Holder Roseleen A $173,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holder Roseleen A $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $185,000 -2.1% $296 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
09/17/2020 09/17/20 For Sale $189,000 0.0% $302 / Sq Ft
09/22/2014 09/22/14 Rented $1,000 0.0% --
08/23/2014 08/23/14 Under Contract -- -- --
08/15/2014 08/15/14 For Rent $1,000 -- --
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 $1,423 $204,100 $0 $204,100
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 $1,236 $102,500 $0 $102,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1264743

State-Wide MLS

APN: NEWP-000040-000003-001208