NOT LISTED FOR SALE

9 Rhode Island Ave Unit 4 Newport, RI 02840

Estimated Value: $516,000 - $1,201,000

2 Beds
1 Bath
1,562 Sq Ft
$289/mo HOA Fee

Last Sold January 26, 2021

Last sale price $329,000 $211 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $4,666/month

18 Days on Market

Highlights

  • Thermal Windows
  • Laundry Room
  • Heating System Uses Steam
  • Bathtub with Shower
  • Storage Room
  • 3-minute walk to Congdon Parks

About This Home

As of January 2021

Just steps to the everything Broadway has to offer lies this spacious, two bedroom third floor unit in a beautiful and well maintained Queen Ann Victorian. Boasting over 1500 square feet, a large kitchen, ample storage, and a nice yard, this condo is a great owner occupied hideaway or second home. Wall to wall carpeting has just been removed to uncover beautiful hardwoods that have been freshly refinished to a gleam. Association is financially healthy and is a non-smoking association. Option for furnished or unfurnished. 4 mins to Easton's (first) beach, 5 mins to the Newport Bridge, 4 minute drive or a 12 minute walk to downtown Newport. Water/ sewer included in condo fees.

Last Listed By

Ryan Shea

HomeSmart Professionals License #RES.0041770 Listed on: 12/08/2020

HomeSmart Professionals

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1884

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,562 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Vinyl Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 05
  • Assessor Parcel Number 9RHODEISLANDAV4NEWP

Community Details

Overview

  • 4 Units
  • Rhode Island Ave/ Broadway Subdivision

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,039

Year Built

Built in 1884

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Rhode Island Ave/ Broadway
  • Above Grade Finished Sq Ft: 1562.0
  • Building Name: Harlequin
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1884
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1562.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard, Shingle Siding, Wood Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee: 289.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 9RHODEISLANDAV4NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 2039.16
  • Tax Lot: 05
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jan 11, 2021
Sold by
Whittaker Nathan
Bought by
Hofstetter Lydia M
Seller's Agent
Ryan Shea
HomeSmart Professionals
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$329,000
Sold Price
$329,000
Total Days on Market
18
Current Estimated Value
$729,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400,835
Avg. Annual Appreciation
17.98%

Purchase Details

Listed on
Mar 8, 2014
Closed on
Jun 1, 2015
Sold by
Mccoy Allen H and Mccoy Victoria S
Bought by
Whittaker Nathan
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$232,500
Sold Price
$210,000
Premium/Discount to List
-$22,500
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$199,500
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 26, 2012
Closed on
Sep 12, 2012
Sold by
Pascall Nicholas J
Bought by
Mccoy Allen H and Mccoy Victoria S
Seller's Agent
Sean McElroy
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$219,000
Sold Price
$187,500
Premium/Discount to List
-$31,500
-14.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Oct 6, 2005
Sold by
Mcelray Dev
Bought by
Pascall Nicholas T and Pascall Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.81%
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
Hofstetter Lydia M $329,000 None Available
Whittaker Nathan $210,000 --
Mccoy Allen H -- --
Pascall Nicholas J -- --
Pascall Nicholas T $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pascall Nicholas T $199,500
Previous Owner Pascall Nicholas T $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2021 01/26/21 Sold $329,000 0.0% $211 / Sq Ft
12/27/2020 12/27/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $329,000 +56.7% $211 / Sq Ft
06/01/2015 06/01/15 Sold $210,000 -9.7% $134 / Sq Ft
05/02/2015 05/02/15 Pending -- -- --
03/08/2014 03/08/14 For Sale $232,500 +24.0% $149 / Sq Ft
09/11/2012 09/11/12 Sold $187,500 -14.4% $120 / Sq Ft
08/12/2012 08/12/12 Pending -- -- --
01/26/2012 01/26/12 For Sale $219,000 -- $140 / 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 $3,498 $501,800 $0 $501,800
2023 $3,069 $309,400 $0 $309,400
2022 $2,973 $309,400 $0 $309,400
2021 $2,887 $309,400 $0 $309,400
2020 $2,068 $201,200 $0 $201,200
2019 $2,068 $201,200 $0 $201,200
2018 $2,010 $201,200 $0 $201,200
2017 $2,341 $208,800 $0 $208,800
2016 $2,282 $208,800 $0 $208,800
2015 $2,228 $208,800 $0 $208,800
2014 $2,490 $206,500 $0 $206,500
Source: Public Records

Agents Affiliated with this Home

  • Ryan Shea

    Seller's Agent in 2021

    Ryan Shea

    HomeSmart Professionals

    (401) 855-3778

    3 in this area

    75 Total Sales

    Ryan Shea
    Section Image
  • Ryan Hazinakis

    Buyer's Agent in 2021

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    14 in this area

    147 Total Sales

    Ryan Hazinakis
    Section Image
  • Teri Degnan

    Seller's Agent in 2015

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    19 in this area

    143 Total Sales

    Teri Degnan
    Section Image
  • Sean McElroy

    Seller's Agent in 2012

    Sean McElroy

    RE/MAX Profnl. Newport, Inc.

    1 in this area

    14 Total Sales

    Sean McElroy
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Map

Source: State-Wide MLS

MLS Number: 1271149

State-Wide MLS

APN: NEWP-000019-000005-000004

Rhode Island Newport County Newport 02840

9 Rhode Island Ave Unit 4, Newport, RI

Homes for Sale in Newport, RI

This home is located at 9 Rhode Island Ave Unit 4, Newport, RI 02840 since 08 December 2020 and is currently estimated at $729,835, approximately $467 per square foot. This property was built in 1884. 9 Rhode Island Ave Unit 4 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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