NOT LISTED FOR SALE

78 Rhode Island Ave Unit 1 Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $1,941,000 - $2,062,000

2 Beds
2.5 Baths
2,293 Sq Ft
$744/mo HOA Fee

Last Sold December 29, 2023

Last sale price $2,013,000 $878 Per Sq Ft

Current estimated payment $13,264/month

26 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Thermal Windows
  • Golf Course Community
  • Tennis Courts
  • 3-minute walk to J Paul Braga Junior Memorial Field

About This Home

As of December 2023

Gorgeous first floor, one level condo in Eastbourne Lodge located in the Kay/Catherine district. This south facing unit has an open floor plan with high ceilings, beautiful hardwood floors throughout and two private entrances. The living room is spacious with a gas fireplace and built-in storage. The eat-in kitchen has been thoughtfully designed with ample storage, a gas range, and an island with a built-in microwave. Just off the kitchen is a stunning sunroom with the original doors of Eastborne Lodge that is currently set up as a second sitting and dining area. Off the living room and the sunroom are doors that open up to an oversized private patio that has plenty of space for outdoor dining and entertaining. The primary suite is quite large with a bonus space perfect for an office and a primary bath with custom designed tiles. The guest bedroom is also generous in size with gorgeous built-in book cases and a private bathroom with shower/tub combo. Additionally, there is a powder room and laundry room just off the impressive foyer. Not only does this unit have a private patio, but there is an elevator which takes you to the shared rooftop with stunning views of Newport. This unit also comes with two off street parking spots and well behaved pets are allowed upon approval. Please note, there is a quarterly payment of $388.18 to build reserve fund that is on top of the HOA fees.

Last Listed By

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224 Listed on: 11/16/2023

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,842

Year Built

  • Built in 1900

HOA Fees

  • $744 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2,293 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Doors

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 218-1
  • Assessor Parcel Number 78RHODEISLANDAV1NEWP

Community Details

Overview

  • Association fees include ground maintenance, snow removal, water
  • 9 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,842

Year Built

Built in 1900

Lot Details

0

HOA Fees

$744 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Inclusions: Please note, there is a quarterly payment of $388.18 to build reserve fund that is on top of the HOA fees. **Taxes are based on a non-resident rate**
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 2293.0
  • Building Name: Eastbourne Lodge
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Accessibility Features: Accessible Elevator Installed, Accessible Doors
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Elevator,First Floor Access,Private Entry
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 2293.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows

Exterior Features

  • Construction Type: Drywall, Brick, Masonry
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas
  • 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: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 2231.94
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Snow Removal, Water

Lot Info

  • Parcel #: 78RHODEISLANDAV1NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 9842.0
  • Tax Lot: 218-1
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2023
Closed on
Dec 27, 2023
Sold by
Byrnes Deborah A
Bought by
Holt Harry W and Tha Cher Sarah
Seller's Agent
Jessica Chase
Gustave White Sotheby's Realty
Buyer's Agent
Grace Cimo
Gustave White Sotheby's Realty
List Price
$1,795,000
Sold Price
$2,013,000
Premium/Discount to List
$218,000
12.14%
Total Days on Market
26
Views
41
Current Estimated Value
$2,011,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,761
Avg. Annual Appreciation
-0.06%

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
Holt Harry W $2,013,000 None Available
Holt Harry W $2,013,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2023 12/29/23 Sold $2,013,000 +12.1% $878 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $1,795,000 -- $783 / 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 $15,787 $1,920,500 $0 $1,920,500
2023 $8,933 $900,500 $0 $900,500
2022 $8,654 $900,500 $0 $900,500
2021 $8,402 $900,500 $0 $900,500
2020 $8,564 $833,100 $0 $833,100
2019 $8,564 $833,100 $0 $833,100
2018 $8,180 $818,800 $0 $818,800
Source: Public Records

Agents Affiliated with this Home

  • Jessica Chase

    Seller's Agent in 2023

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    8 in this area

    86 Total Sales

    Jessica Chase
    Section Image
  • Grace Cimo

    Buyer's Agent in 2023

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    10 in this area

    80 Total Sales

    Grace Cimo
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1347354

State-Wide MLS

APN: 20 218 1

Rhode Island Newport County Newport 02840 Kay-Catherine

78 Rhode Island Ave Unit 1, Newport, RI

Homes for Sale in Newport, RI

This home is located at 78 Rhode Island Ave Unit 1, Newport, RI 02840 since 16 November 2023 and is currently estimated at $2,011,239, approximately $877 per square foot. This property was built in 1900. 78 Rhode Island Ave Unit 1 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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