NOT LISTED FOR SALE

9 Rhode Island Ave Unit 3 Newport, RI 02840

Estimated Value: $379,000 - $502,000

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. 228% increase in value since last sale

Current estimated payment $2,746/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 Listed By

John Gower

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

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,402

Year Built

  • Built in 1884

HOA Fees

  • $168 Monthly HOA Fees

Home Design

  • 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
Total Days on Market
31
Current Estimated Value
$425,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,030
Avg. Annual Appreciation
14.41%
Original Mortgage
$96,750
Outstanding Balance
$78,377
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$347,553

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

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 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
Closed Rivers Sean D $20,000
Previous Owner Hajjar Cynthia A $194,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    19 Total Sales

    John Gower
    Section Image
  • Connor Dowd

    Buyer's Agent in 2016

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    12 in this area

    409 Total Sales

    Connor Dowd
    Section Image
See All Agents

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

Homes for Sale in Newport, RI

This home is located at 9 Rhode Island Ave Unit 3, Newport, RI 02840 since 31 May 2016 and is currently estimated at $425,930, approximately $652 per square foot. This property was built in 1884. 9 Rhode Island Ave Unit 3 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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