$195,500
SOLD SEP 9, 2016

9 Rhode Island Ave Unit 2 Newport, RI 02840

1 Bed
1 Bath
898 Sq Ft
$234/mo HOA Fee

Recently Sold

$218 Per Sq Ft

53 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Balcony
  • Golf Course Community
  • Tennis Courts
  • 3-minute walk to Congdon Parks

About This Home

As of April 2018

Marvelous second home or primary residence in great condition. Large one bedroom unit on second floor boasting bright rooms with high ceilings, wood floors, granite kitchen, private balcony and laundry in unit. Tenant in place through September.

Last Agent to Sell the Property

Sean McElroy

RE/MAX Profnl. Newport, Inc. License #REB.0017023

RE/MAX Profnl. Newport, Inc.

Co-Listed By

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022

Last Buyer's Agent

Vilma Moclair

RE/MAX FLAGSHIP, INC. License #RES.0017343

RE/MAX FLAGSHIP, INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,740

Year Built

  • Built in 1884

HOA Fees

  • $234 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

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

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 9RHODEISLANDAV2NEWP

Community Details

Overview

  • 4 Units
  • Ri Ave Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,740

Year Built

Built in 1884

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: RI AVE
  • Above Grade Finished Sq Ft: 898.0
  • Building Name: 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: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl, Wood
  • Interior Amenities: Cable TV
  • Living Area: 898.0
  • Dining Room Type: Kitchen, Laundry, Living Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 234.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 9RHODEISLANDAV2NEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1740.0
  • Tax Lot: 005
  • Tax Year: 2015

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
53
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

Map

Range of Values:

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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 $215,000 --
Deed $195,500 --
Warranty Deed $150,000 --
Deed $234,000 --
Deed $239,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $185,000 Purchase Money Mortgage
Previous Owner $175,950 Purchase Money Mortgage
Previous Owner $157,500 Adjustable Rate Mortgage/ARM
Previous Owner $210,600 Purchase Money Mortgage
Previous Owner $215,100 Purchase Money Mortgage
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

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

Source: State-Wide MLS

MLS Number: 1129207

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 and is currently priced at $195,500, approximately $217 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.

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