NOT LISTED FOR SALE

8 Cottage St Unit 4 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $507,155 - $635,000

1 Bed
1 Bath
765 Sq Ft
$223/mo HOA Fee

Last Sold May 23, 2019

Last sale price $320,000 $418 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,362/month

48 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Porch
  • Golf Course Community
  • Tennis Courts
  • 4-minute walk to Touro Park

About This Home

As of May 2019

Charming, sun filled second floor condo located in the much desired Historic Hill area of Newport. Bathroom has been fully renovated, hardwood floors throughout, decorative marble fireplace, washer/dryer in unit, off street parking for one and extra sleeping space for guests. Located behind the Redwood Library, park your car for the weekend and enjoy the proximity to Bellevue shops and restaurants. Quiet and well maintained building.

Last Agent to Sell the Property

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224 Listed on: 03/05/2019

Gustave White Sotheby's Realty

Co-Listed By

Kate Rooney

Gustave White Sotheby's Realty License #RES.0040083

Last Buyer's Agent

Dianne Grippi

Residential Properties Ltd. License #RES.0030326

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,863

Year Built

  • Built in 1850

HOA Fees

  • $223 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 765 Sq Ft Home
  • 3-Story Property
  • Marble Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Utilities

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

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 8COTTAGEST4NEWP

Community Details

Overview

  • 6 Units
  • Historic Hill/Redwood Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,863

Year Built

Built in 1850

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Historic Hill/Redwood
  • Above Grade Finished Sq Ft: 765.0
  • Building Name: Abraham Redwood Condos
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1850
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Tub Shower
  • Living Area: 765.0
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Paved
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

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

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: 223.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 8COTTAGEST4NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1863.0
  • Tax Lot: 94
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 29, 2019
Sold by
Benson Leslie A
Bought by
Bowen Catherine F
Seller's Agent
Jessica Chase
Gustave White Sotheby's Realty
Buyer's Agent
Dianne Grippi
Residential Properties Ltd.
List Price
$309,000
Sold Price
$320,000
Premium/Discount to List
$11,000
3.56%
Current Estimated Value
$561,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,289
Avg. Annual Appreciation
8.97%

Purchase Details

Listed on
Oct 26, 2012
Closed on
Apr 12, 2013
Sold by
Goehlich John R
Bought by
Benton Leslie A and Ware Glenn T
Seller's Agent
Elizabeth Marchi
Lila Delman Compass
Buyer's Agent
Barry Clark
BerkshireHathaway HomeServices
List Price
$229,000
Sold Price
$222,000
Premium/Discount to List
-$7,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.16%
Original Mortgage
$177,600
Interest Rate
3.55%

Purchase Details

Closed on
Sep 18, 2001
Sold by
Renshaw Kerri L
Bought by
Goehlich John R

Purchase Details

Closed on
Sep 15, 1999
Sold by
Page Mary
Bought by
Renshaw Kerri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bowen Catherine F $320,000 --
Benton Leslie A $222,000 --
Goehlich John R $133,000 --
Renshaw Kerri L $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renshaw Kerri L $177,600
Previous Owner Renshaw Kerri L $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2019 05/23/19 Sold $320,000 +3.6% $418 / Sq Ft
04/23/2019 04/23/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $309,000 +39.2% $404 / Sq Ft
04/12/2013 04/12/13 Sold $222,000 -3.1% $290 / Sq Ft View Prior Sale
03/13/2013 03/13/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $229,000 -- $299 / 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 $2,206 $307,300 $0 $307,300
2024 $2,237 $321,000 $0 $321,000
2023 $2,730 $275,200 $0 $275,200
2022 $2,645 $275,200 $0 $275,200
2021 $2,568 $275,200 $0 $275,200
2020 $1,917 $186,500 $0 $186,500
2019 $1,917 $186,500 $0 $186,500
2018 $1,863 $186,500 $0 $186,500
2017 $2,091 $186,500 $0 $186,500
2016 $2,038 $186,500 $0 $186,500
2015 $1,990 $186,500 $0 $186,500
2014 $1,738 $144,100 $0 $144,100
Source: Public Records

Agents Affiliated with this Home

  • Jessica Chase

    Seller's Agent in 2019

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    4 in this area

    83 Total Sales

    Jessica Chase
    Section Image
  • Kate Rooney

    Seller Co-Listing Agent in 2019

    Kate Rooney

    Gustave White Sotheby's Realty

    (401) 636-7894

    1 in this area

    63 Total Sales

    Kate Rooney
    Section Image
  • Dianne Grippi

    Buyer's Agent in 2019

    Dianne Grippi

    Residential Properties Ltd.

    (401) 423-2200

    76 Total Sales

    Dianne Grippi
    Section Image

  • E

    Seller's Agent in 2013

    Elizabeth Marchi

    Lila Delman Compass

  • B

    Buyer's Agent in 2013

    Barry Clark

    BerkshireHathaway HomeServices

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1214603

State-Wide MLS

APN: NEWP-000025-000094-000004

Rhode Island Newport County Newport 02840 Old Beach

8 Cottage St Unit 4, Newport, RI

Not Listed for Sale

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