NOT LISTED FOR SALE

9 Rhode Island Ave Unit 3 Newport, RI 02840

Estimated Value: $352,000 - $522,000

1 Bed
1 Bath
653 Sq Ft
$168/mo HOA Fee

Last Sold August 01, 2016

Last sale price $129,900 $199 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $2,659/month

31 Days on Market

Highlights

  • Wood Flooring
  • Walking Distance to Water
  • Porch
  • Tennis Courts
  • Cul-De-Sac
  • 3-minute walk to Congdon Parks

About This Home

As of August 2016

Corporate owned selling as is. Seller just upgraded to kitchen/bath, New Hot water tank, new baseboard heating, Fresh Paint. Walking distance to Braodway Restaurants. All offers must include Proof of Funds or pre-qual. Unit not FHA or VA approved.

Last Agent to Sell the Property

John Gower

Gower And Co. License #REB.0015278 Listed on: 05/31/2016

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1884

HOA Fees

  • $168 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 653 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 9RHODEISLANDAV3NEWP

Community Details

Overview

  • 4 Units
  • Broadway/Kay St Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,402

Year Built

Built in 1884

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: BROADWAY/KAY ST
  • Above Grade Finished Sq Ft: 653.0
  • Building Name: Harlequin Condominium
  • 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: RealEstateOwned
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Wood
  • Living Area: 653.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 167.5
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 9RHODEISLANDAV3NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 1402.0
  • Tax Lot: 5
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Aug 2, 2016
Sold by
Fhlmc
Bought by
Rivers Sean D
Seller's Agent
John Gower
Gower And Co.
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$129,900
Sold Price
$129,900
Current Estimated Value
$437,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$307,716
Avg. Annual Appreciation
13.87%
Original Mortgage
$96,750
Outstanding Balance
$77,344
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,272

Purchase Details

Closed on
May 17, 2016
Sold by
Haijar Cynthia A
Bought by
Fhlmc

Purchase Details

Closed on
Nov 10, 2005
Sold by
Mcelroy Dev Llc
Bought by
Hajjar Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
5.93%
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 Buyer Sale Price Title Company
Rivers Sean D $129,900 --
Fhlmc $161,215 --
Hajjar Cynthia A $205,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivers Sean D $96,750
Previous Owner Hajjar Cynthia A $194,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2016 08/01/16 Sold $129,900 0.0% $199 / Sq Ft
07/02/2016 07/02/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $129,900 -- $199 / 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 $2,350 $270,400 $0 $270,400
2024 $2,331 $283,600 $0 $283,600
2023 $1,773 $178,700 $0 $178,700
2022 $1,717 $178,700 $0 $178,700
2021 $1,667 $178,700 $0 $178,700
2020 $1,301 $126,600 $0 $126,600
2019 $1,301 $126,600 $0 $126,600
2018 $1,265 $126,600 $0 $126,600
2017 $1,473 $131,400 $0 $131,400
2016 $1,436 $131,400 $0 $131,400
2015 $1,402 $131,400 $0 $131,400
2014 $1,767 $146,500 $0 $146,500
Source: Public Records

Agents Affiliated with this Home

  • John Gower

    Seller's Agent in 2016

    John Gower

    Gower And Co.

    (401) 339-0900

    1 in this area

    11 Total Sales

    John Gower
    Section Image
  • Connor Dowd

    Buyer's Agent in 2016

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    11 in this area

    387 Total Sales

    Connor Dowd
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1127413

State-Wide MLS

APN: NEWP-000019-000005-000003

Rhode Island Newport County Newport 02840

9 Rhode Island Ave Unit 3, Newport, RI

Not Listed for Sale

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