$505,000
SOLD FEB 28, 2025
1 Bed
1 Bath
780 Sq Ft
$269/mo HOA Fee

Recently Sold

$647 Per Sq Ft

16% Below List Price

113 Days on Market

Highlights

  • Porch
  • Forced Air Heating System
  • Gas Fireplace
  • Bathtub with Shower
  • Vinyl Flooring
  • 4-minute walk to Touro Park

About This Home

As of February 2025

Behind the Redwood Library, located in the Historic Hill area of Newport is this charming one bedroom, one bath condo. This unit offers brand new gleaming flooring throughout, galley kitchen, spacious dining area ,washer/dryer, one off street parking spot and basement storage. The living room has the most gorgeous NEW windows with architectural detail and a gas fireplace. As a bonus you can enjoy your morning coffee on the front porch! One block from Bellevue Avenue in the desirable Kay/Catherine area you can make this delightful condominium yours as a permanent residence or a summer getaway.

Last Agent to Sell the Property

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615 Listed on: 10/23/2024

Co-Listed By

Joanne King

Teri Degnan RE & Consulting License #RES.0024089

Last Buyer's Agent

Dina Karousos

Serhant Rhode Island

Serhant Rhode Island

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1850

HOA Fees

  • $269 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Stone Foundation
  • Clapboard

Interior Spaces

  • 780 Sq Ft Home
  • 1-Story Property
  • Fireplace Features Masonry
  • Gas Fireplace
  • Vinyl Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 094
  • Assessor Parcel Number 8COTTAGEST1NEWP

Community Details

Overview

  • Kay/Catherine/Top Of The Hill Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,602

Year Built

Built in 1850

Lot Details

0

HOA Fees

$269 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: TDRE
  • Co List Office Phone: 401-619-8222
  • Subdivision Name: Kay/Catherine/Top of the Hill
  • Above Grade Finished Sq Ft: 780.0
  • Building Name: Abraham Redwood Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1850
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Interior Amenities: Tub Shower
  • Living Area: 780.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard
  • Exterior Features: Porch
  • Foundation Details: Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 269.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 8COTTAGEST1NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2602.0
  • Tax Lot: 094
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Feb 20, 2025
Sold by
Cottage Street Hldg Llc
Bought by
Manfredi Kimberly
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Dina Karousos
Serhant Rhode Island
List Price
$599,000
Sold Price
$505,000
Premium/Discount to List
-$94,000
-15.69%
Views
189
Current Estimated Value
$554,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,142
Avg. Annual Appreciation
12.47%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Spencer Henry and Spencer Felicia
Bought by
Cottage Street Holds L

Purchase Details

Closed on
Dec 30, 1997
Sold by
Page Mary M and Carr Michelle Ann
Bought by
Santarpia David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,050
Interest Rate
7.15%

Purchase Details

Closed on
May 1, 1989
Sold by
Beatty Thomas
Bought by
Donnelly Edmund

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
10.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Warranty Deed $505,000 None Available
Warranty Deed $505,000 None Available
Deed $265,000 --
Deed $265,000 --
Warranty Deed $73,000 --
Warranty Deed $73,000 --
Warranty Deed $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $62,050 No Value Available
Previous Owner $47,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $505,000 -2.7% $647 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
01/03/2025 01/03/25 Price Changed $519,000 -5.5% $665 / Sq Ft
11/14/2024 11/14/24 Price Changed $549,000 -8.3% $704 / Sq Ft
10/23/2024 10/23/24 For Sale $599,000 -- $768 / 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 $2,630 $302,700 $0 $302,700
2024 $2,602 $316,600 $0 $316,600
2023 $1,593 $160,600 $0 $160,600
2022 $1,543 $160,600 $0 $160,600
2021 $1,498 $160,600 $0 $160,600
2020 $1,900 $184,800 $0 $184,800
2019 $1,900 $184,800 $0 $184,800
2018 $1,846 $184,800 $0 $184,800
2017 $2,072 $184,800 $0 $184,800
2016 $2,020 $184,800 $0 $184,800
2015 $1,972 $184,800 $0 $184,800
2014 $1,708 $141,600 $0 $141,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1370910

State-Wide MLS

APN: NEWP-000025-000094-000001