$145,000
SOLD APR 8, 2016

70 Carroll Ave Unit 508 Newport, RI 02840

Fifth Ward Neighborhood
2 Beds
1 Bath
708 Sq Ft
$390/mo HOA Fee

Recently Sold

$205 Per Sq Ft

5% Below List Price

60 Days on Market

Highlights

  • Beach Access
  • Cooling Available
  • Public Transportation
  • Tennis Courts
  • Living Room
  • Shops

About This Home

As of June 2020

AFFORDABLE 2FLR 2BR CONDO IN NEWPORT'S 5TH WARD! WALK TO CLIFF WALK, BEACH AND DOWNTOWN RESTAURANTS! NEW INSULATED WINDOWS! NEW HARDWOODS AND NEWLY PAINTED!! HEAT AND WATER INC IN FEE! MAINT FREE LIVING, OFF STREET PARKING & STORAGE!

Last Agent to Sell the Property

Barry Clark

BerkshireHathaway HomeServices License #REB.0016794 Listed on: 01/08/2016

Last Buyer's Agent

Chad Kritzas

HomeSmart Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1962

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 708 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Carpet
  • Ceramic Tile

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

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Tax Lot 003
  • Assessor Parcel Number 70CARROLLAV508NEWP

Community Details

Overview

  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,320

Year Built

Built in 1962

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: FIFTH WARD
  • Above Grade Finished Sq Ft: 708.0
  • Building Name: OCEAN'S WAY
  • 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: Exhaust Fan, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 708.0
  • Dining Room Type: Dining Room, Kitchen, Living Room
  • Stories: 2
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 390.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No, No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 70CARROLLAV508NEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 1320.0
  • Tax Lot: 003
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
May 7, 2020
Sold by
Barrese Paul A and Barrese Gina
Bought by
Ditto Hannah C
Seller's Agent
The Donovan Group
Homes By Connect
Buyer's Agent
Marnee Grzebien
Bay Realty Ltd
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%
Original Mortgage
$21,780
Outstanding Balance
$18,639
Interest Rate
3.2%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$383,428

Purchase Details

Listed on
Jan 8, 2016
Closed on
Apr 8, 2016
Sold by
Clark Barry W and Clark Mary C
Bought by
Barrese Gina and Barrese Paul A
Seller's Agent
Barry Clark
BerkshireHathaway HomeServices
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$152,000
Sold Price
$145,000
Premium/Discount to List
-$7,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$116,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2015
Sold by
Obrien Lisa C
Bought by
Clark Barry W and Clark Mary C

Purchase Details

Closed on
Sep 14, 2007
Sold by
Brace Theresa and Brace Rita
Bought by
Clark Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Condominium Deed $225,000 None Available
Warranty Deed $145,000 --
Deed $125,000 --
Deed $162,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,780 Purchase Money Mortgage
Open $176,000 Purchase Money Mortgage
Previous Owner $116,000 Purchase Money Mortgage
Previous Owner $121,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2025 07/29/25 Off Market $2,500 -- --
07/23/2025 07/23/25 Price Changed $2,500 +8.7% $4 / Sq Ft
07/21/2025 07/21/25 Price Changed $2,300 -4.2% $3 / Sq Ft
07/21/2025 07/21/25 Price Changed $2,400 -4.0% $3 / Sq Ft
06/03/2025 06/03/25 For Rent $2,500 0.0% --
06/08/2020 06/08/20 Sold $225,000 -9.6% $318 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
09/10/2019 09/10/19 For Sale $249,000 0.0% $352 / Sq Ft
12/18/2018 12/18/18 Rented $1,400 -9.7% --
11/18/2018 11/18/18 Under Contract -- -- --
09/24/2018 09/24/18 For Rent $1,550 0.0% --
04/08/2016 04/08/16 Sold $145,000 -4.6% $205 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
01/08/2016 01/08/16 For Sale $152,000 -- $215 / 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 $2,377 $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 $1,370 $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

  • T

    Seller's Agent in 2020

    The Donovan Group

    Homes By Connect

  • M

    Buyer's Agent in 2020

    Marnee Grzebien

    Bay Realty Ltd

  • E

    Seller Co-Listing Agent in 2018

    Elaine Reavey

    Keller Williams Coastal

  • B

    Seller's Agent in 2016

    Barry Clark

    BerkshireHathaway HomeServices

  • C

    Buyer's Agent in 2016

    Chad Kritzas

    HomeSmart Professionals

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1115452

State-Wide MLS

APN: NEWP-000040-000003-000508

Rhode Island Newport County Newport 02840 Fifth Ward

70 Carroll Ave Unit 508, Newport, RI

This home is located at 70 Carroll Ave Unit 508, Newport, RI 02840 and is currently priced at $145,000, approximately $204 per square foot. This property was built in 1962. 70 Carroll Ave Unit 508 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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