NOT LISTED FOR SALE

70 Carroll Ave Unit 505 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $387,000 - $442,514

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

Last Sold June 03, 2024

Last sale price $404,000 $571 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,814/month

27 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Storage Room
  • Recreation Facilities
  • Window Unit Cooling System
  • Public Transportation

About This Home

As of June 2024

Welcome home to your Newport pied-a-terre! 1st floor unit with an open floor plan, updated kitchen with stainless steel appliances and 2 nicely-sized bedrooms. Hardwood floors, off-street parking and laundry in the building. Bellevue Ave, the mansions and beaches are just around the corner. Just minutes from Downtown Newport's shopping, nightlife and restaurants. Come and enjoy your own slice of Newport.

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Brokerage Phone: 401-921-5011 Listed on: 04/19/2024

Last Buyer's Agent

Christopher Walker

William Raveis Inspire License #RES.0034034

William Raveis Inspire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,841

Year Built

  • Built in 1962

HOA Fees

  • $446 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 708 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 70CARROLLAV505NEWP

Community Details

Overview

  • Association fees include heat, sewer, water
  • 150 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,841

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: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1962
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 401-921-5011
  • 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: Ceramic Tile
  • Interior Amenities: Bathtub
  • Living Area: 708.0
  • Dining Room Type: Storage Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 446.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Heat, Sewer, Water

Lot Info

  • Parcel #: 70CARROLLAV505NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 150

Tax Info

  • Tax Annual Amount: 2841.0
  • Tax Lot: 003
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 31, 2024
Sold by
Suh John and Suh Vivian
Bought by
Cushman Michael and Cushman Joyce
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Christopher Walker
William Raveis Inspire
List Price
$410,000
Sold Price
$404,000
Premium/Discount to List
-$6,000
-1.46%
Total Days on Market
27
Views
71
Current Estimated Value
$409,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,379
Avg. Annual Appreciation
1.74%

Purchase Details

Listed on
May 2, 2016
Closed on
Jul 7, 2016
Sold by
Bader Gregory B and Bader Yonghui
Bought by
Suh Joseph C and Suh Francis A
Seller's Agent
Janie Aracil
Hogan Associates Christie's
Buyer's Agent
Nancy Rutter
Keller Williams Coastal
Sold Price
$1,500

Purchase Details

Closed on
Dec 30, 2009
Sold by
Jansen Olga
Bought by
Bader Gregory and Bader Yonghui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.85%
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
Cushman Michael $404,000 None Available
Cushman Michael $404,000 None Available
Suh Joseph C $180,000 --
Suh Joseph C $180,000 --
Bader Gregory $120,000 --
Bader Gregory $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bader Gregory $85,600
Previous Owner Bader Gregory $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2024 06/03/24 Sold $404,000 -1.5% $571 / Sq Ft
05/16/2024 05/16/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $410,000 0.0% $579 / Sq Ft
06/17/2016 06/17/16 Rented $1,500 -9.1% --
05/18/2016 05/18/16 Under Contract -- -- --
05/02/2016 05/02/16 For Rent $1,650 -- --
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 $2,354 $286,400 $0 $286,400
2023 $1,897 $191,200 $0 $191,200
2022 $1,837 $191,200 $0 $191,200
2021 $1,784 $191,200 $0 $191,200
2020 $1,370 $133,300 $0 $133,300
2019 $1,370 $133,300 $0 $133,300
2018 $1,332 $133,300 $0 $133,300
2017 $1,387 $123,700 $0 $123,700
2016 $1,352 $123,700 $0 $123,700
2015 $1,320 $123,700 $0 $123,700
2014 $1,336 $110,800 $0 $110,800
Source: Public Records

Agents Affiliated with this Home

  • Chad Kritzas

    Seller's Agent in 2024

    Chad Kritzas

    HomeSmart Professionals

    5 in this area

    226 Total Sales

    Chad Kritzas
    Section Image

  • C

    Buyer's Agent in 2024

    Christopher Walker

    William Raveis Inspire

    (401) 207-3970

    4 in this area

    15 Total Sales

    Christopher Walker
    Section Image
  • Janie Aracil

    Seller's Agent in 2016

    Janie Aracil

    Hogan Associates Christie's

    (401) 855-5577

    34 Total Sales

    Janie Aracil
    Section Image
  • Nancy Rutter

    Buyer's Agent in 2016

    Nancy Rutter

    Keller Williams Coastal

    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1357152

State-Wide MLS

APN: NEWP-000040-000003-000505

Rhode Island Newport County Newport 02840 Fifth Ward

70 Carroll Ave Unit 505, Newport, RI

This home is located at 70 Carroll Ave Unit 505, Newport, RI 02840 since 19 April 2024 and is currently estimated at $409,379, approximately $578 per square foot. This property was built in 1962. 70 Carroll Ave Unit 505 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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