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Sold for $1,200,000
  • $1,200,000

    553 Bellevue Ave APT 2, Newport, RI 02840

    3beds
    2,217sqft
    Condominium
    Built in 1900
    -- sqft lot
    $1,204,200 Zestimate®
    $541/sqft
    $4,069 Estimated rent

    Home value

    $1,204,200

    $939,000 - $1.55M

    $4,069/mo

    Zestimate® history
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    What's special

    Ionic gilded age mansionGarden level unit
    WALK TO OCEAN BEACHES from this exceptionally private 3 bedroom condominium residence at Sherwood, an ionic Gilded Age Mansion. Ideally located in the southern end of Bellevue Avenue, Sherwood Condominium is close to ocean beaches, Cliff Walk and Mansions. One of 16 residences sharing 4+ acres of Sherwood's private grounds, this residence is one of the newly added units at the time of the condo conversion. This garden level unit extends from the original mansion, spanning 2217 square feet of spacious living space, offering privacy and verdant views in most rooms. Private entry lends the feel of a stand alone residence! Entertain with ease in the airy, open layout modernized for today's living. A large eat in kitchen with beautifully honed granite countertops flows seamlessly to the expansive living area. A beautiful set of French doors in the living room open to a guest bedroom/den and enjoys afternoon light. The adjoining primary bedroom is tucked away and opens to a sunny private patio. A sumptuous spa bath with marble tile, glass shower and whirlpool bath is ensuite to the primary bedroom. Flanking the living space is another bedroom which includes laundry area and storage. This move in ready residence is impeccably maintained: recent upgrades include flooring and painting. A newly installed shared bluestone entry terrace is a few steps away from your two assigned parking spots. This is a wonderful property to enjoy Newport in its finest location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristin Parella 401-450-9026,

    Lila Delman Compass

    Bought with:

    Fitzpatrick Team

    RE/MAX Results

    Source: StateWide MLS RI,MLS#: 1408786MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Other
    • Level: First
    Heating
    • Electric, Baseboard
    Cooling
    • Individual Unit
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Dry Bar, Plumbing (Mixed), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,217
    • Total interior livable area: 2,217 sqft
    • Finished area above ground: 2,217
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage, Assigned
    Features
    • Stories: 1
    • Entry location: First Floor Access,Private Entry
    • Waterfront features: Walk to Salt Water
    Lot
    • Size: 4 Acres
    • Features: Local Historic District, Secluded
    Details
    • Parcel number: NEWPM037B0009L02
    • Zoning: R60
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Dry Wall, Other Siding
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Water: Common Meter, Municipal
    • Utilities for property: Underground Utilities, Sewer Connected

    Community & HOA

    Community
    • Features: Private School, Near Swimming
    • Subdivision: Bellevue Avenue Estate Area
    HOA
    • Has HOA: No
    • HOA fee: $624 monthly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $541/sqft
    • Tax assessed value: $881,200
    • Annual tax amount: $7,656
    • Date on market: 4/2/2026

    Price history

    DateEventPrice
    5/21/2026Sold$1,200,000-5.1%$541/sqft
    Source: StateWide MLS RI #1408786 Report a problem
    5/13/2026Contingent$1,265,000$571/sqft
    Source: StateWide MLS RI #1408786 Report a problem
    4/2/2026Listed for sale$1,265,000+105.7%$571/sqft
    Source: StateWide MLS RI #1408786 Report a problem
    9/7/2017Listing removed$3,300$1/sqft
    Source: Century 21 Topsail Realty #2729781 Report a problem
    9/1/2017Listed for rent$3,300$1/sqft
    Source: Century 21 Topsail Realty #2729781 Report a problem
    5/9/2013Listing removed$615,000$277/sqft
    Source: Gustave White Sotheby's International Realty #1032288 Report a problem
    10/20/2012Listed for sale$615,000+53.8%$277/sqft
    Source: Hogan Associates #1027982 Report a problem
    6/1/2004Sold$400,000$180/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,657 +5.7%$881,200
    2024$7,243 +47.6%$881,200 +72.6%
    2023$4,907 $510,600
    2022$4,907 +3%$510,600
    2021$4,764 -20.1%$510,600 -11.9%
    2020$5,960 $579,800
    2019$5,960 +2.9%$579,800
    2018$5,792 -10.9%$579,800
    2017$6,500 +2.6%$579,800
    2016$6,337 +2.4%$579,800
    2015$6,186 -12.1%$579,800 -0.7%
    2014$7,038 +37.2%$583,600 +29.2%
    2012$5,130 -3.7%$451,600 -15.8%
    2011$5,325 +3.9%$536,300
    2010$5,127 +0.4%$536,300
    2009$5,106 +13.3%$536,300 +3.2%
    2008$4,508 +4%$519,900
    2007$4,336 $519,900
    Find assessor info on the county website

    Neighborhood: Bellevue Avenue and Estates

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,204,200
    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
    $1,204,200