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Sold for $1,700,000
  • $1,700,000

    50 School St #5, Newport, RI 02840

    2beds
    1,627sqft
    Condominium
    Built in 1803
    -- sqft lot
    $1,728,600 Zestimate®
    $1,045/sqft
    $3,858 Estimated rent

    Home value

    $1,728,600

    $1.42M - $2.11M

    $3,858/mo

    Zestimate® history
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    What's special

    Gas fireplaceGourmet kitchenWolf and subzero appliancesIn-unit laundryCommunal roof top deckWet barPanoramic views
    Meticulously designed to meet the most discerning tastes, this exquisite condominium offers 1,627 sqft of elegant living space nestled in the heart of Historic Hill. As you step inside, you will be captivated by the soaring cathedral ceilings and the warmth of hardwood floors throughout. The expansive living area features oversized windows that flood the room with natural light while accompanied by a gas fireplace framed with detailed woodwork, creating a cozy space and perfect for relaxing evenings. The gourmet kitchen is equipped with Wolf and Subzero appliances, inset cabinetry, and stone countertops. Custom California closets offer ample storage in both bedrooms, while the in-unit laundry adds ease to your daily routine. This residence includes two spacious bedrooms and two and a half luxurious bathrooms, designed with elegant, modern finishes. The building features a newly remodeled foyer, elevator for easy access, and a private parking garage with assigned spaces, ensuring convenience and security. For those who enjoy outdoor living, a communal roof top deck with wet bar provides the prime setting for entertaining or simply enjoying the panoramic views of Newport Harbor. Experience the vibrant lifestyle of Newport with the benefit of walking to all the city by the sea has to offer, from fine dining and shopping to cultural attractions. This luxury condominium embodies the flawless fusion of historic charm and contemporary elegance. Brand new custom furniture included.

    Zillow last checked:

    Listing updated:

    Listed by:

    Newport Living Group 401-338-3771,

    Lila Delman Compass

    Bought with:

    Edith Cushing, REB.0017022

    RE/MAX Profnl. Newport, Inc.

    Source: StateWide MLS RI,MLS#: 1388967MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Shower Stall
    Heating
    • Natural Gas, Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Wall (Paneled), Cathedral Ceiling(s), Plumbing (Copper), Plumbing (PVC), Insulation (Unknown), Ceiling Fan(s), Elevator
    • Flooring: Ceramic Tile, Hardwood
    • Basement: Full,Interior and Exterior,Finished,Storage Space,Utility
    • Number of fireplaces: 1
    • Fireplace features: Gas
    Interior area
    • Total structure area: 1,627
    • Total interior livable area: 1,627 sqft
    • Finished area above ground: 1,627
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Integral, Assigned, Driveway
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: Elevator,Second Floor Access
    • Patio & porch: Deck
    Lot
    • Features: Local Historic District, Corner Lot, Sidewalks
    Details
    • Parcel number: NEWPM024B0149L5
    • Special conditions: Conventional/Market Value
    • Other equipment: Elevator

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Dry Wall, Paneled, Clapboard
    • Foundation: Mixed
    Condition
    • New construction: No
    • Year built: 1803

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: In Fee, Municipal
    • Utilities for property: Sewer Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Hospital, Marina, Private School, Public School, Recreational Facilities, Restaurants, Near Shopping, Near Swimming, Tennis
    HOA
    • Has HOA: No
    • HOA fee: $755 monthly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $1,045/sqft
    • Tax assessed value: $1,448,300
    • Annual tax amount: $11,906
    • Date on market: 7/1/2025
    • Inclusions: Roof Deck with Wet bar is included in the condo fee. Tax rate Non-Resident Residential: $8.221 per thousand

    Price history

    DateEventPrice
    8/25/2025Sold$1,700,000-2.2%$1,045/sqft
    Source: StateWide MLS RI #1388967 Report a problem
    8/17/2025Pending sale$1,739,000$1,069/sqft
    Source: StateWide MLS RI #1388967 Report a problem
    7/28/2025Contingent$1,739,000$1,069/sqft
    Source: StateWide MLS RI #1388967 Report a problem
    7/1/2025Listed for sale$1,739,000+7.7%$1,069/sqft
    Source: StateWide MLS RI #1388967 Report a problem
    10/22/2024Sold$1,615,000-12.7%$993/sqft
    Source: StateWide MLS RI #1364304 Report a problem
    10/18/2024Pending sale$1,850,000$1,137/sqft
    Source: StateWide MLS RI #1364304 Report a problem
    7/25/2024Listed for sale$1,850,000+28.9%$1,137/sqft
    Source: StateWide MLS RI #1364304 Report a problem
    4/30/2022Sold$1,435,000-2.3%$882/sqft
    Source: Agent Provided Report a problem
    4/6/2022Pending sale$1,469,000$903/sqft
    Source: StateWide MLS RI #1303884 Report a problem
    2/25/2022Listed for sale$1,469,000+8.8%$903/sqft
    Source: StateWide MLS RI #1303884 Report a problem
    12/20/2021Sold$1,350,000-9.7%$830/sqft
    Source: Agent Provided Report a problem
    11/24/2021Pending sale$1,495,000$919/sqft
    Source: StateWide MLS RI #1274956 Report a problem
    2/8/2021Listed for sale$1,495,000$919/sqft
    Source: StateWide MLS RI #1274956 Report a problem
    7/8/2020Listing removed$1,495,000$919/sqft
    Source: Gustave White Sotheby's Realty #1257984 Report a problem
    7/4/2020Listed for sale$1,495,000$919/sqft
    Source: Gustave White Sotheby's Realty #1257984 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,584 +5.7%$1,448,300
    2024$11,905 +48.3%$1,448,300 +73.4%
    2023$8,025 $835,100
    2022$8,025 +3%$835,100
    2021$7,791 +13.4%$835,100 +25%
    2020$6,869 $668,200
    2019$6,869 +48.3%$668,200 +44.1%
    2018$4,632 $463,700
    Find assessor info on the county website

    Neighborhood: Historic Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,728,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,728,600