Seller's Agent in 2025
Alyce Wright
Lila Delman Compass
(401) 662-7993
3 in this area
76 Total Sales
78 Rhode Island Ave Unit 4 Newport, RI 02840
Kay-Catherine Neighborhood
2
Beds
2.5
Baths
1,806
Sq Ft
$809/mo
HOA Fee
Highlights
- 0.86 Acre Lot
- Marble Flooring
- 2 Fireplaces
- Deck
- Cathedral Ceiling
- 3-minute walk to J Paul Braga Junior Memorial Field
About This Home
As of June 2025Discover the charm of this elegant one-level condo in the historic Eastbourne Lodge, situated in the desirable Kay/Catherine neighborhood. This bright southwest corner unit benefitting from abundant natural light boasts its own private 400+ sq ft terrace, perfect for outdoor dining, entertaining, or unwinding. The open kitchen and great room feature a gas fireplace and custom cabinetry. The kitchen includes bar seating, a gas cooktop, quartz countertops and backsplash, and a beverage fridge. Two large bedrooms, one with a gas fireplace, offer impressive walk-in closets and luxurious bathrooms with marble-topped vanities and custom marble mosaic floor tiles, allowing either to serve as the primary suite. An office off one bedroom can also function as extra sleeping space. Elegance is found throughout, with a welcoming foyer, beautiful hardwood floors, high ceilings, classic wainscoting, crown molding, and a half bath with stylish wallpaper. Accessible by a grand staircase or an elevator, this second-floor condo also offers a large common rooftop deck with Newport views. Conveniently located near Easton's Beach, Bellevue Avenue, and downtown Newport, it includes a spacious private storage room in the basement. While the building has historic charm and appeal, it was converted into condos in only mid-2017, making the systems just over 7 years old. This sophisticated condo residence perfectly combines historic allure with modern convenience.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0033781 Listed on: 01/11/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $12,705
Year Built
- Built in 1900
HOA Fees
- $809 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Brick Exterior Construction
- Brick Foundation
- Masonry
Interior Spaces
- 1,806 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- 2 Fireplaces
- Stone Fireplace
- Fireplace Features Masonry
- Gas Fireplace
- Storage Room
- Intercom
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
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
- Accessibility Features
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 218-4
- Assessor Parcel Number 78RHODEISLANDAV4NEWP
Community Details
Overview
- Association fees include ground maintenance, parking, sewer, snow removal, trash, water
- Kay / Catherine Subdivision
Amenities
- Shops
- Restaurant
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2025
Closed on
Jun 9, 2025
Sold by
Alison P Scavone Ret and Scavone
Bought by
Smith Howard H and Smith Lisa F
Seller's Agent
Alyce Wright
Lila Delman Compass
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$1,825,000
Sold Price
$1,750,000
Premium/Discount to List
-$75,000
-4.11%
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,221
Avg. Annual Appreciation
9.40%
Original Mortgage
$1,100,000
Outstanding Balance
$1,098,818
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$695,784
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,750,000 | None Available | |
| Deed | $1,750,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,100,000 | Purchase Money Mortgage | |
| Closed | $1,100,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Sold | $1,750,000 | -4.1% | $969 / Sq Ft |
| 04/25/2025 04/25/25 | Pending | -- | -- | -- |
| 01/11/2025 01/11/25 | For Sale | $1,825,000 | +135.5% | $1,011 / Sq Ft |
| 11/14/2017 11/14/17 | Sold | $775,000 | 0.0% | $429 / Sq Ft |
| 11/14/2017 11/14/17 | For Sale | $775,000 | -- | $429 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $13,428 | $1,545,400 | $0 | $1,545,400 |
| 2024 | $12,703 | $1,545,400 | $0 | $1,545,400 |
| 2023 | $7,572 | $763,300 | $0 | $763,300 |
| 2022 | $7,335 | $763,300 | $0 | $763,300 |
| 2021 | $7,122 | $763,300 | $0 | $763,300 |
| 2020 | $7,169 | $697,400 | $0 | $697,400 |
| 2019 | $7,169 | $697,400 | $0 | $697,400 |
| 2018 | $6,495 | $650,200 | $0 | $650,200 |
Source: Public Records
Agents Affiliated with this Home
-
Alyce Wright
-
Jessica Chase
Buyer's Agent in 2025
Jessica Chase
Gustave White Sotheby's Realty
(401) 864-3596
10 in this area
86 Total Sales
-
B
Seller's Agent in 2017
Broker Assisted Sale
Broker Assisted Sale
Map
Source: State-Wide MLS
MLS Number: 1375943
APN: 20 218 4
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