$525,000
SOLD AUG 30, 2024
2 Beds
2 Baths
1,755 Sq Ft
$1,864/mo HOA Fee

Recently Sold

$299 Per Sq Ft

25% Below List Price

141 Days on Market

Highlights

  • Concierge
  • Beach Front
  • Water Access
  • Portsmouth High School Rated A-
  • Marina
  • Stables

About This Home

As of August 2024

***PRICE ADJUSTMENT*** Welcome to the safety, security and luxury of The Tower at Carnegie Abbey. The Carnegie Tower stands as the tallest building on Aquidneck Island, with stunning unsurpassed Narragansett Bay views. Behind gated access, your backyard includes miles of walking paths, saltwater bayfront access, an Olympic size swimming pool, an outdoor oversized hot tub, a Scottish Links Golf Course, an Equestrian Center, a marina, a man made pond with fountains, ample parking, fire pits, barbeques and more. Unit 301 is a large 2 bedroom, 2 bath, open floorplan, with a water view balcony overlooking Narragansett Bay and the neighborhood below. This south and west facing unit affords all day sunshine, and stunning sunset skies. New remote control automated sunshades and blackout blinds keep you cool in the summer months. Sub Zero and Wolf appliances and a large Eat In Kitchen island makes for easy entertaining. With a friendly building concierge desk and private elevator access into the unit, security is abundant. Just under 2000 square feet of living space keeps all of these luxurious amenities affordable. Enjoy memberships to Carnegie Golf, the Equestrian Center, the Marina or the Aquidneck Club, or none at all, it's your choice.

Last Agent to Sell the Property

Christopher Brown

Teri Degnan RE & Consulting License #RES.0042442 Listed on: 03/19/2024

Last Buyer's Agent

Christopher Brown

Teri Degnan RE & Consulting License #RES.0042442 Listed on: 03/19/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,328

Year Built

  • Built in 2008

Lot Details

  • Beach Front
  • Security Fence
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $1,864 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Masonry

Interior Spaces

  • 1,755 Sq Ft Home
  • Gas Fireplace
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Balcony

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 1TOWERDR301PORT

Community Details

Overview

  • Association fees include gas, heat, HVAC, hot water, ground maintenance, pool(s), recreation facilities, sewer, snow removal, security, trash, water
  • 79 Units
  • Carnegie / Aquidneck Club Subdivision
  • On-Site Maintenance
  • Maintained Community
  • 1-Story Property

Amenities

  • Concierge
  • Shops
  • Public Transportation
  • Clubhouse
  • Business Center

Recreation

  • Marina
  • Recreation Facilities
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,328

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,864 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Horses: Yes
  • Subdivision Name: Carnegie / Aquidneck Club
  • Above Grade Finished Sq Ft: 1755.0
  • Architectural Style: High Rise
  • Building Name: The Carnegie Tower
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: High Rise
  • Year Built: 2008
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Features: Community
  • Appliances: Common Water Heater, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator,Private Entry
  • Fireplace Features: Gas
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower, Elevator, Cable TV
  • Living Area: 1755.0
  • Stories: 22
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Security
  • Lot Features: Paved, Sprinkler System, Wooded, Waterfront
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Masonry
  • Exterior Features: Balcony, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: See Remarks
  • Patio And Porch Features: Balcony

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Business Center, Concierge, Highway Access, Marina, Maintenance On-Site, Near Schools, Pool, Public Transportation, Recreation Area, Shopping, Clubhouse, Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Maintenance, Pool, Spa/Hot Tub, Concierge
  • Association Fee: 1864.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Gas, Heat, HVAC, Hot Water, Maintenance Grounds, Pool(s), Recreation Facilities, Sewer, Snow Removal, Security, Trash, Water

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Parcel #: 1TOWERDR301PORT
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 79

Tax Info

  • Tax Annual Amount: 6328.0
  • Tax Lot: 2
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Aug 28, 2024
Sold by
Brown Michael O and Havance Laurie P
Bought by
Ghirardi Robert and Ghirardi Maura
Seller's Agent
Christopher Brown
Teri Degnan RE & Consulting
Buyer's Agent
Christopher Brown
Teri Degnan RE & Consulting
List Price
$699,000
Sold Price
$525,000
Premium/Discount to List
-$174,000
-24.89%
Views
190
Current Estimated Value
$601,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,064
Avg. Annual Appreciation
12.60%

Purchase Details

Listed on
Jul 18, 2019
Closed on
Mar 8, 2021
Sold by
Carnegie At 1 Tower Dr
Bought by
Brown Michael O and Havanec Laurie P
Seller's Agent
Kevin Caulfield
Compass
Buyer's Agent
Christopher Brown
Teri Degnan RE & Consulting
List Price
$663,390
Sold Price
$507,501
Premium/Discount to List
-$155,889
-23.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.98%
Source: Public Records

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Range of Values:

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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
Condominium Deed $525,000 None Available
Condominium Deed $525,000 None Available
Warranty Deed $507,501 None Available
Warranty Deed $507,501 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $525,000 0.0% $299 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/18/2024 07/18/24 Price Changed $525,000 -12.4% $299 / Sq Ft
05/10/2024 05/10/24 Price Changed $599,000 -14.3% $341 / Sq Ft
03/19/2024 03/19/24 For Sale $699,000 +37.7% $398 / Sq Ft
03/09/2021 03/09/21 Sold $507,501 -23.5% $289 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
07/18/2019 07/18/19 For Sale $663,390 -- $378 / 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 $6,525 $495,100 $0 $495,100
2023 $6,327 $495,100 $0 $495,100
2022 $9,356 $601,300 $0 $601,300
2021 $9,206 $601,300 $0 $601,300
2020 $9,062 $601,300 $0 $601,300
2019 $11,001 $670,800 $0 $670,800
2018 $10,713 $670,800 $0 $670,800
2017 $10,344 $670,800 $0 $670,800
2016 $11,870 $741,900 $0 $741,900
2015 $11,722 $741,900 $0 $741,900
2014 $11,722 $741,900 $0 $741,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1353525

State-Wide MLS

APN: PORT-000026-000002-000301