NOT LISTED FOR SALE

719 Bellevue Ave Unit 5 Newport, RI 02840

Bellevue Avenue and Estates Neighborhood

Estimated Value: $1,634,000 - $1,957,000

3 Beds
2 Baths
2,213 Sq Ft
$810/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $715,000 $323 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $10,422/month

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • 3-minute walk to The Cliff Walk

About This Home

As of May 2024

Available for June and September. Steps to gorgeous sandy beach and famed Cliff Walk from this beautifully renovated three-bedroom condo in historic "Inchiquin". This tastefully decorated, elegant residence offers a spacious living room with a sitting area with the ocean views, a dining area with a table for ten, a large kitchen with breakfast area, and hardwood floors throw-out. The main bedroom has a king bed and window seating area with ocean views, large closet, updated bathroom and an access to a private outdoor deck with seating area to enjoy the ocean views and sunsets. The two additional well-sized bedrooms, each with a queen bed, share a bathroom with tub/shower. Located on the desirable Bellevue Avenue, this residence is a short bike ride to town and marinas, walk to Bailey's Beach and historic Gilded Age mansions, and just minutes to NYYC. The elevator and two parking spaces are additional features of this remarkable property.

Last Agent to Rent the Property

Elena Wilcox

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0026687 Listed on: 02/05/2024

Gustave White Sotheby's Realty

Last Renter's Agent

Elena Wilcox

Lila Delman Real Estate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,558

Year Built

  • Built in 1888

Home Design

  • Entry on the 3rd floor
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,213 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Outdoor Grill

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Zoned Heating
  • Heating System Uses Gas
  • Hot Water Heating System
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Property near a hospital

Listing and Financial Details

  • Property Available on 7/1/24
  • The owner pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 719BELLEVUEAV5NEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 6 Units

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,558

Year Built

Built in 1888

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-07-01
  • Security Deposit: 2500.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 2213.0
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Apartment
  • Year Built: 1888
  • Attribution Contact: 401-849-3000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Owner Pays: Hot Water
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: Elevator,First Floor Access,Third Floor or higher
  • Flooring: Ceramic Tile, Hardwood, Marble, Carpet
  • Interior Amenities: Tub Shower, Elevator, Furnished, Cable TV
  • Living Area: 2213.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Barbecue, Paved Driveway
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless, 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water, Individual, Zoned
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Air Conditioning, Common Area Maintenance, Electricity, Gas, Heat, Hot Water, Internet, Laundry Facilities, Parking, Sewer, Cable TV, Water
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 719BELLEVUEAV5NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2023
Sold by
Townsend Adam J and Townsend Ruth C
Bought by
Broussard Bruce D and Broussard Janine
Current Estimated Value
$1,792,841

Purchase Details

Listed on
Nov 3, 2016
Closed on
Jul 7, 2017
Sold by
Sullivan Kevin
Bought by
Townsend Adam J and Townsend Ruth C
Seller's Agent
The Luxury Group
HomeSmart Professionals
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$515,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2017
Sold by
Khan Abdul Q and Khan Khadija L
Bought by
Sullivan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2014
Sold by
Inchiquin Family Lp
Bought by
Sullivan Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,200
Interest Rate
4.27%
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 Buyer Sale Price Title Company
Broussard Bruce D $1,600,000 None Available
Townsend Adam J $715,000 --
Sullivan Kevin $285,000 --
Sullivan Kevin $535,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Townsend Adam J $515,000
Previous Owner Sullivan Kevin $180,000
Previous Owner Sullivan Kevin $492,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2024 05/31/24 Rented $10,000 0.0% --
02/06/2024 02/06/24 Price Changed $10,000 -33.3% $5 / Sq Ft
02/05/2024 02/05/24 For Rent $15,000 0.0% --
07/07/2017 07/07/17 Sold $715,000 -4.5% $323 / Sq Ft View Prior Sale
06/07/2017 06/07/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $749,000 -- $338 / 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
2025 $10,558 $1,215,100 $0 $1,215,100
2024 $9,988 $1,215,100 $0 $1,215,100
2023 $11,948 $1,204,400 $0 $1,204,400
2022 $11,574 $1,204,400 $0 $1,204,400
2021 $11,237 $1,204,400 $0 $1,204,400
2020 $8,237 $801,300 $0 $801,300
2019 $8,237 $801,300 $0 $801,300
2018 $8,005 $801,300 $0 $801,300
2017 $8,782 $783,400 $0 $783,400
2016 $8,563 $783,400 $0 $783,400
2015 $8,359 $783,400 $0 $783,400
2014 $10,661 $884,000 $0 $884,000
Source: Public Records

Agents Affiliated with this Home

  • Elena Wilcox

    Landlord's Agent in 2024

    Elena Wilcox

    Gustave White Sotheby's Realty

    (401) 662-0604

    1 in this area

    29 Total Sales

    Elena Wilcox
    Section Image

  • T

    Seller's Agent in 2017

    The Luxury Group

    HomeSmart Professionals

  • Diane Dailey

    Seller Co-Listing Agent in 2017

    Diane Dailey

    HomeSmart Professionals

    (401) 855-9192

    2 Total Sales

    Diane Dailey
    Section Image
  • Edith Cushing

    Buyer's Agent in 2017

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6750

    10 in this area

    45 Total Sales

    Edith Cushing
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1352319

State-Wide MLS

APN: NEWP-000038-000020-000005

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

719 Bellevue Ave Unit 5, Newport, RI

This home is located at 719 Bellevue Ave Unit 5, Newport, RI 02840 since 05 February 2024 and is currently priced at $1,792,841. This property was built in 1888. 719 Bellevue Ave Unit 5 is a home located in Newport County with nearby schools including Rogers High School and St Michael's Country Day School.

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