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Backup Offers

70 Carroll Ave Unit 505, Newport, RI, 02840

$410,000

Home List Price

$4,869*

Closing Credit

2 Bedrooms
1 Full Bath
708 SqFt
$579/SqFt
Condo
Schools Nearby

Location

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70 Carroll Ave Unit 505, Newport$410,000

Buyer Closing Credits

$4,869*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNo Garage, Unassigned
Year Built1962
HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
BasementYes
WaterfrontWaterfront
FireplaceNone
MLS #1357152
StatusAccepting Backup Offers
(Active Under Contract)

About 70 Carroll Ave Unit 505

Welcome home to your Newport pied-a-terre! 1st floor unit with an open floor plan, updated kitchen with stainless steel appliances and 2 nicely-sized bedrooms. Hardwood floors, off-street parking and laundry in the building. Bellevue Ave, the mansions and beaches are just around the corner. Just minutes from Downtown Newport's shopping, nightlife and restaurants. Come and enjoy your own slice of Newport.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 1
  • Living Area: 708 SqFt

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Ceramic Tile
  • Interior: Bathtub
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Waterfront

Parking Information:

  • Parking: No Garage, Unassigned

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Window Unit(s)

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: $410,000
  • Price Per SqFt: $579/SqFt

HOA Fees:

  • Amount: $446
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,784
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$850K

Med. Price/SqFt

$578

Avg. Days On Market

54

# of Sold Homes

19

70 Carroll Ave Unit 505 vs Newport

13 DAYS ON ROCKET

-41 Days

$410,000

-$440K Less

$579/SqFt

-$0 Less

KEY TAKEAWAY

This property is $440K less than the Median Sold Price and $0/SqFt less than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1357152

Listing Office:

  • Office Name: HomeSmart Professionals
  • Office Phone: (401) 921-5011

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: 5/2/2024, 11:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 2016Home Sold
$180,000
Dec 30, 2009Home Sold
$120,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,784$191,200
2020$1,370$133,300
2019$1,370$133,300
2018$1,332$133,300
2017$1,387$123,700

History based on county public records data.

Payment Calculator

$2,560

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,296

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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-4697264
2
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 2.76 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4697265
3
/10
  • Frank E. Thompson Middle School

  • 55 Broadway

  • 1.61 miles

  • Public District Grades 5-8

High School

school-card-donut-4697266
4
/10
  • Rogers High School

  • 15 Wickham Rd

  • 0.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,571. The majority of Newport, RI residents have income between $100k-200k annually. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 70 Carroll Ave Unit 505

What is the listing price of this property?

The listing price of 70 Carroll Ave Unit 505 property is $410,000.

What type of property is this?

The property 70 Carroll Ave Unit 505 is a condo located in Newport, Rhode Island, 02840.

Is this property for sale now?

Accepting Backup Offers: 70 Carroll Ave Unit 505 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 70 Carroll Ave Unit 505 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

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,784 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 2016 for $180,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 70 Carroll Ave Unit 505 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 70 Carroll Ave Unit 505 is 708 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 70 Carroll Ave Unit 505 is 1962.

Rocket Homes›Rhode Island›Newport County›Newport›02840›70 Carroll Ave Unit 505

This home is located at 70 Carroll Ave Unit 505 in Newport, RI and zip code 02840. This 708 square foot home was built in 1962. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 19, 2024 and is currently priced at $410,000.

Newport, RI housing market in April 2024 saw over 8 listings sold above listed price, more than 2 sold at listed price and over 9 sold below. Between March 2024 and April 2024, Newport, RI real estate market has seen increase in the number of listings by 13.3%. The median list price of listings available in April 2024 was $850,000, while the average time on the real estate market was 54 days.

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

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