NOT LISTED FOR SALE

70 Carroll Ave Unit 310 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $412,000 - $496,000

2 Beds
1 Bath
708 Sq Ft
$446/mo HOA Fee

Last Sold May 17, 2024

Last sale price $405,000 $572 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,030/month

43 Days on Market

About This Home

As of May 2024

Welcome to Ocean's Way. This updated, two bedroom, one bath, first floor condo is located in the heart of the Fifth Ward, just a short ride to the beach and down the road from Newport's vibrant restaurant scene and shopping. This comfortable, bright condo features a remodeled kitchen and bath, living room with hardwood floors and oversized master bedroom with a queen bed. The second bedroom has built in storage and a bunk bed with full sized bed on the lower bunk. This first floor unit has everything you need, including one off-street parking, storage and shared laundry in the basement. Unit is sold furnished. HOA fees include water/sewer & heat. Current tenant has a lease until May 31.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 04/03/2024

RE/MAX Results

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1962

HOA Fees

  • $446 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 70CARROLLAV310NEWP

Community Details

Overview

  • Association fees include heat, hot water, laundry, ground maintenance, parking, sewer, snow removal, trash, water

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,698

Year Built

Built in 1962

Lot Details

0

HOA Fees

$446 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 708.0
  • Building Name: Ocean's Way
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1962
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 708.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 446.01
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 70CARROLLAV310NEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2698.0
  • Tax Lot: 003
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2024
Closed on
May 17, 2024
Sold by
Gerstberger Tobi
Bought by
Finer Marc T and Finer Laura B
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Views
73
Current Estimated Value
$451,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,090
Avg. Annual Appreciation
7.40%
Original Mortgage
$324,000
Outstanding Balance
$319,405
Interest Rate
6.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$131,685

Purchase Details

Closed on
Oct 3, 2005
Sold by
Vaillancourt Richard
Bought by
Young Tobi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Finer Marc T $405,000 None Available
Finer Marc T $405,000 None Available
Young Tobi $194,000 --
Young Tobi $194,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finer Marc T $324,000
Closed Finer Marc T $324,000
Previous Owner Young Tobi $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2024 05/17/24 Sold $405,000 +1.5% $572 / Sq Ft
04/03/2024 04/03/24 For Sale $399,000 0.0% $564 / Sq Ft
07/18/2022 07/18/22 Rented $1,900 0.0% --
07/13/2022 07/13/22 Under Contract -- -- --
06/22/2022 06/22/22 Price Changed $1,900 0.0% $3 / Sq Ft
06/22/2022 06/22/22 For Rent $1,900 -5.0% --
06/03/2022 06/03/22 Under Contract -- -- --
04/21/2022 04/21/22 For Rent $2,000 -- --
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
2025 $2,513 $289,200 $0 $289,200
2024 $2,377 $289,200 $0 $289,200
2023 $1,915 $193,000 $0 $193,000
2022 $1,855 $193,000 $0 $193,000
2021 $1,801 $193,000 $0 $193,000
2020 $1,384 $134,600 $0 $134,600
2019 $1,384 $134,600 $0 $134,600
2018 $1,345 $134,600 $0 $134,600
2017 $1,400 $124,900 $0 $124,900
2016 $1,365 $124,900 $0 $124,900
2015 $1,333 $124,900 $0 $124,900
2014 $1,419 $117,700 $0 $117,700
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2024

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    43 in this area

    693 Total Sales

    Joe Fitzpatrick
    Section Image
  • Connor Dowd

    Buyer's Agent in 2024

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    6 in this area

    387 Total Sales

    Connor Dowd
    Section Image
  • joan caffrey

    Buyer's Agent in 2022

    joan caffrey

    RE/MAX Results

    (401) 855-0131

    16 Total Sales

    joan caffrey
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1355848

State-Wide MLS

APN: NEWP-000040-000003-000310

Rhode Island Newport County Newport 02840 Fifth Ward

70 Carroll Ave Unit 310, Newport, RI

Not Listed for Sale

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