2 months on rocket

Sale Pending

1 Oakwood Ter Unit 1, Newport, RI, 02840

$549,000

Home List Price

$6,519*

Closing Credit

1 Bedroom
1 Full Bath
855 SqFt
$642/SqFt
Condo
Schools Nearby

Location

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1 Oakwood Ter Unit 1, Newport$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAssigned, No Garage
Year Built1900
HeatingBaseboard, Natural Gas, Hot Water, Other, Zoned
CoolingNone
BasementYes
WaterfrontWaterfront
FireplaceMasonry
MLS #1351469
StatusSale Pending
(Pending)

About 1 Oakwood Ter Unit 1

Are you in search of the perfect Newport pied- -terre? Look no further. This exquisite first-floor condo in the Kay/Catherine estate area beckons with a private entrance, high ceilings, and expansive windows that bathe the space in natural light. Revel in the warmth of two fireplaces and the convenience of brand-new appliances, all complemented by hassle-free off-street parking. Once a majestic single-family home, Whitestone has transformed into a residence of distinction, comprising nine luxurious condominiums. The unique pebble-studded exterior, attributed to the Gilded Age architect Stanford White, adds to the charm. Nestled on a tranquil side street, Whitestone boasts beautiful grounds, a nod to the landscaping style of its bygone era, accessible to all residents. Discover serenity within easy walking distance of Bellevue Avenue, First Beach, shops, restaurants, and the vibrant downtown waterfront. This downtown retreat encapsulates everything you desire in a residence. Take a closer look your Newport haven awaits.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Stories: 3
  • Living Area: 855 SqFt

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 641-4608

Interior Features

Interior Information:

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Tub Shower, Cable TV
  • Fireplace: Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Porch, Paved Driveway

Parking Information:

  • Parking: Assigned, No Garage

Lot Features

Lot Information:

  • Lot: Corner Lot, Paved

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Other, Zoned
  • Cooling: None

School Info

Assigned Schools Information:

  • Rogers High School, Public District Grades 9-12
  • Frank E. Thompson Middle School, Public District Grades 5-8
  • Claiborne Pell Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $642/SqFt

HOA Fees:

  • Amount: $513
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Newport, RI.

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Newport, RI

City

Med. Sold Price

$820K

Med. Price/SqFt

$566

Avg. Days On Market

60

# of Sold Homes

18

1 Oakwood Ter Unit 1 vs Newport

75 DAYS ON ROCKET

+15 Days

$549,000

-$271K Less

$642/SqFt

+$76 More

KEY TAKEAWAY

This property is $271K less than the Median Sold Price and $76/SqFt more than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1351469

Listing Office:

  • Office Name: Hogan Associates Christie's
  • Office Phone: (401) 641-4608

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:25:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,321

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1138828
2
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 1.53 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1138829
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.62 miles

  • Public District Grades 5-8

High School

school-card-donut-1138830
4
/10

  • Rogers High School

  • 15 Wickham Rd

  • 1.58 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,333. Typical income of Newport, RI residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1 Oakwood Ter Unit 1

What is the listing price of this property?

The listing price of 1 Oakwood Ter Unit 1 property is $549,000.

What type of property is this?

The property 1 Oakwood Ter Unit 1 is a condo located in Newport, Rhode Island, 02840.

Is this property for sale now?

Sale Pending: 1 Oakwood Ter Unit 1 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1 Oakwood Ter Unit 1 are:
Claiborne Pell Elementary School: GreatSchools Rating 2/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers High School: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 1 Oakwood Ter Unit 1 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1 Oakwood Ter Unit 1 is 855 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1 Oakwood Ter Unit 1 is 1900.

Rocket Homes›Rhode Island›Newport County›Newport›02840›1 Oakwood Ter Unit 1

This home is located at 1 Oakwood Ter Unit 1 in Newport, RI and zip code 02840. This 855 square foot home was built in 1900. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since February 12, 2024 and is currently priced at $549,000.

While more than 2 listings in Newport, RI in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. In March 2024 in Newport, RI there were 20% more homes for sale than in February 2024. Listings spent 60 days on the market in March 2024, and had a median list price of $820,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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