9 1/2 Narragansett Ave APT 4, Newport, RI 02840

2 beds1.5 baths894 sqft Edit

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Sold: $253,500
Sold on 05/16/14
Zestimate®: $272,838
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My Notes

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Second floor condo in 5 condo building. 1900 building extensively refurbished and turned into condos some 20 years ago.Space is light, clean, well painted and inexpensive to heat due to location in building.In my 7 years here, I have painted thruout, carpeted, new light fixtures, new stainless stove, fridge, sink and range hood, new hot water system, new washer/ drier, refurbished bathrooms. Carpets professionally cleaned in 2014 and perfect.Condo is bright and airy and light and looks out over wooden deck thru the trees. Not gloomy in winter like other places. Deck is big enough for outside summer BBQs, dining and entertaining.Large dry basement storage lock up for each condo.Condo common areas are well maintained and condo association works well together to keep the property well maintained.Modest monthly condo fees of $200.Each condo has individual water, gas heat, gas hot water and electric.Washer drier inside condo.Fire system etc all up to code and annual City issued "Rental Dwelling Registration" always up to date. Inspector says this is the nicest condo he visits annualy.Lobby has working intercom and door buzzer, motion detector security lighting and nicely painted/ carpeted entrance.Close to popular downtown Newport area, waterfront, parks, beaches, marinas, the famous Cliffwalk, mansions etc.Rental income in summer up to $2,500/ month and $1,500 plus utes in winter. Can be sold furnished if requested as condo is set up with linens, kitchen ware, TV, cable, wifi etc for discrerning yachting and vacation rentals.No pet policy for tenants but owners allowed cats.This condo is ready to go for sale or rent as it is currently set up fully furnished. Available for immediate convenient showing.I am a motivated seller buying a house in same area, so realistic offers are welcomed.If you are looking for a Newport condo as a home or investment in a nice seaside town, this one is worth a look.Additional property info: http://www.forsalebyowner.com/listing/2-bed-Condo-Townhome-for-sale-by-owner-9-1-2-Narragansett-Ave-02840/23974705?provider_id=28079  More Less 

Facts

  • Condo
  • Built in 1981
  • Views: 2,597 all time views
  • HOA Fee: $200/mo
  • Cooling: None
  • Heating: Baseboard
  • Laundry: In Unit
  • Parking: 0 space
  • Last sold: May 2014 for $253,500
  • Last sale price/sqft: $284

Features

  • Fireplace
  • Flooring: Carpet
  • View: Water

Appliances Included

  • Dishwasher
  • Dryer
  • Garbage disposal
  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room

Construction

  • Exterior material: Wood
  • Roof type: Other
  • Room count: 4
  • Stories: 1
  • Structure type: Other

Other

  • Floor size: 894 sqft
  • Parcel #: M:040 B:0090 L:4
  • Unit floor #: 3
  • Zillow Home ID: 65977538

Zestimate Details

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$272,838
+$525 Last 30 days
$251K
$297K
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$1,648/mo
-$86 Last 30 days
$1.4K
$2.4K
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Improve This Home's Value

The right home project can make a significant impact to your home value! Compare average project costs in your area with estimated increases to your home value.

The return values below are estimates based on the region, home facts, and past sales data. Your situation may vary based on current finish level of the room, changing style trends, depreciation, and how much of the project budget is invested in structural changes vs. functional/cosmetic improvements.

Mid-Range Bathroom Remodel

Mid-Range Major Kitchen Remodel

  • Mid-Range Major Kitchen Remodel

  • + 53.4K VALUE
  • Project cost: $59,476
  • See kitchen ideas

Mid-Range Minor Kitchen Remodel

  • Mid-Range Minor Kitchen Remodel

  • + 7.6K VALUE
  • Project cost: $20,359
  • See kitchen ideas

Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
2,597 all-time views
of this home (chart)
118 forecasted views of this home
in the first 7 days after listing for sale
(104 views if listed for rent)

Comparable Homes

Homes like this sold for $220-363K.

$190K
$390K

Mortgages

Neighborhood: 02840

Zillow predicts 02840 home values will fall 1.3% next year, compared to a 1.4% fall for Newport as a whole. Among 02840 homes, this home is valued 25.2% less than the midpoint (median) home, but is valued 4.8% more per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 02840, the number of foreclosures waiting to be sold is 1.3% higher than in Newport, and 27.6% less than the national average. This higher local number may prevent 02840 home values from rising as quickly as other regions in Newport.
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Nearby

    For Sale

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    Rentals

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    Other Units in this Building (4)ZestimateBedsBathsSqft
    Apt 1$257K22839
    Apt 3$262K22856
    Apt 5$270K21.5894
    Apt 2$263K22860

    Nearby Schools in Newport

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org