NOT LISTED FOR SALE

9 Rhode Island Ave Unit 2 Newport, RI 02840

Estimated Value: $463,000 - $690,000

1 Bed
1 Bath
898 Sq Ft
$220/mo HOA Fee

Last Sold April 04, 2018

Last sale price $215,000 $239 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $3,442/month

198 Days on Market

Highlights

  • Marina
  • Furnished
  • Balcony
  • Wood Flooring
  • Recreation Facilities
  • 3-minute walk to Congdon Parks

About This Home

As of April 2018

"The Harlequin!" Beautifully re-done! Just 4 units for super privacy and owner-control! Convenient to everything -- and we mean all amenities! Hugely high ceilings, incredibly light/bright with L-O-N-G windows - custom blinds! MBR w/walk-in. Great shape thru-out! Good storage! Smashing balcony for your private enjoyment! This really is a "must see!" Investor, vacation and certainly year-round! Come ahead! ...we can be outta there shortly!

Last Listed By

Vilma Moclair

RE/MAX FLAGSHIP, INC. License #RES.0017343 Listed on: 08/18/2017

RE/MAX FLAGSHIP, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,829

Year Built

  • Built in 1884

Lot Details

  • 6,098

HOA Fees

  • $220 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 898 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Thermal Windows
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • No Garage
  • Driveway
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Central Heating
  • Baseboard Heating
  • 220 Volts
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 005-2
  • Assessor Parcel Number 9RhodeIslandAVNEWP

Community Details

Overview

  • 4 Units
  • Newport Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Recreation Facilities

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,829

Year Built

Built in 1884

Lot Details

0

HOA Fees

$220 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: NEWPORT
  • Above Grade Finished Sq Ft: 898.0
  • Building Name: THE HARLEQUIN
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1884
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Furnished, Cable TV
  • Living Area: 898.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Balcony, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter, See Remarks, Stone
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Electric, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 220.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 9RhodeIslandAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1829.0
  • Tax Lot: 005-2
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Apr 3, 2018
Sold by
Costello James T
Bought by
Girard Matthew G
Seller's Agent
Vilma Moclair
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Christopher DePerro
Teri Degnan RE & Consulting
List Price
$230,000
Sold Price
$215,000
Premium/Discount to List
-$15,000
-6.52%
Total Days on Market
198
Current Estimated Value
$532,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,732
Avg. Annual Appreciation
13.53%
Original Mortgage
$185,000
Outstanding Balance
$160,577
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$372,155

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 9, 2016
Sold by
Mcelroy Development Ll
Bought by
Costello James T
Seller's Agent
Sean McElroy
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Vilma Moclair
RE/MAX FLAGSHIP, INC.
List Price
$195,000
Sold Price
$195,500
Premium/Discount to List
$500
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$175,950
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 31, 2014
Closed on
Sep 30, 2014
Sold by
Lee Richard and Wan Tina
Bought by
Mcelroy Development Llc
Seller's Agent
Shelley Mathes
Americas Real Estate Assoc.
Buyer's Agent
Sean McElroy
RE/MAX Profnl. Newport, Inc.
List Price
$189,000
Sold Price
$150,000
Premium/Discount to List
-$39,000
-20.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.55%

Purchase Details

Closed on
Aug 29, 2008
Sold by
Morgenthaler Sharon
Bought by
Rosso Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,600
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 9, 2005
Sold by
Mcelroy Dev Llc
Bought by
Morgenthaler Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Girard Matthew G $215,000 --
Costello James T $195,500 --
Mcelroy Development Llc $150,000 --
Rosso Elizabeth A $234,000 --
Morgenthaler Sharon $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girard Matthew G $185,000
Previous Owner Costello James T $175,950
Previous Owner Morgenthaler Sharon $157,500
Previous Owner Morgenthaler Sharon $210,600
Previous Owner Morgenthaler Sharon $215,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2018 04/04/18 Sold $215,000 -6.5% $239 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
08/18/2017 08/18/17 For Sale $230,000 +17.6% $256 / Sq Ft
09/09/2016 09/09/16 Sold $195,500 +0.3% $218 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $195,000 +30.0% $217 / Sq Ft
09/30/2014 09/30/14 Sold $150,000 -20.6% $167 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $189,000 -- $210 / 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 $2,889 $351,500 $0 $351,500
2023 $2,177 $219,500 $0 $219,500
2022 $2,109 $219,500 $0 $219,500
2021 $2,048 $219,500 $0 $219,500
2020 $1,615 $157,100 $0 $157,100
2019 $1,615 $157,100 $0 $157,100
2018 $1,569 $157,100 $0 $157,100
2017 $1,828 $163,100 $0 $163,100
2016 $1,783 $163,100 $0 $163,100
2015 $1,740 $163,100 $0 $163,100
2014 $2,194 $181,900 $0 $181,900
Source: Public Records

Agents Affiliated with this Home

  • Vilma Moclair

    Seller's Agent in 2018

    Vilma Moclair

    RE/MAX FLAGSHIP, INC.

    (401) 741-2322

    13 Total Sales

    Vilma Moclair
    Section Image

  • C

    Buyer's Agent in 2018

    Christopher DePerro

    Teri Degnan RE & Consulting

    (401) 644-3602

    7 Total Sales

    Christopher DePerro
    Section Image
  • Sean McElroy

    Seller's Agent in 2016

    Sean McElroy

    RE/MAX Profnl. Newport, Inc.

    1 in this area

    14 Total Sales

    Sean McElroy
    Section Image
  • Edith Cushing

    Seller Co-Listing Agent in 2016

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 862-7703

    5 in this area

    50 Total Sales

    Edith Cushing
    Section Image

  • S

    Seller's Agent in 2014

    Shelley Mathes

    Americas Real Estate Assoc.

    (401) 846-1880

    5 Total Sales

    Shelley Mathes
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1171165

State-Wide MLS

APN: NEWP-000019-000005-000002

Rhode Island Newport County Newport 02840

9 Rhode Island Ave Unit 2, Newport, RI

Homes for Sale in Newport, RI

This home is located at 9 Rhode Island Ave Unit 2, Newport, RI 02840 since 18 August 2017 and is currently estimated at $532,732, approximately $593 per square foot. This property was built in 1884. 9 Rhode Island Ave Unit 2 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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