Sold for $400,000

$400,000

70 Carroll Ave Unit 112, Newport, RI 02840

2beds

708sqft

Condominium

Built in 1968

-- sqft lot

$404,000 Zestimate^®

$565/sqft

$2,456 Estimated rent

Home value

$404,000

$331,000 - $493,000

$2,456/mo

Zestimate^® history

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$2,480/mo

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$2,480/mo

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What's special

Two parking spacesFreshly painted cabinetsTwo spacious bedroomsHardwood floorsStainless appliancesWide closets

This two-bedroom condo is located in the heart of the Fifth Ward in Newport. The OCEANS WAY condo is a second-floor unit that includes an open living area with plenty of natural light. Two spacious bedrooms with wide closets and hardwood floors. Stainless Appliances were installed in 2024 as well as freshly painted cabinets. There is a private storage unit and shared coin op laundry in the basement. The unit also includes two parking spaces, unassigned. Conveniently located and walk-able to downtown, restaurants, shops, beaches the harbor and more. Professional property management. Heat & Water included in your monthly fee.***Tenants in place. Lease is thru September 2026, $2300 per month.***

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Bathroom

Features: Bath w Tub & Shower

Heating

Natural Gas, Baseboard

Cooling

None

Appliances

Included: Microwave, Oven/Range, Refrigerator
Laundry: In Building

Features

Wall (Dry Wall), Insulation (Unknown), Ceiling Fan(s)
Flooring: Ceramic Tile, Hardwood
Basement: Full,Interior Entry,Unfinished,Laundry,Storage Space
Has fireplace: No
Fireplace features: None

Interior area

Total structure area: 708
Total interior livable area: 708 sqft
Finished area above ground: 708
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: No Garage, Unassigned

Features

Stories: 1
Entry location: Second Floor Access
Waterfront features: Walk to Salt Water

Details

Parcel number: NEWPM040B0003L0112
Zoning: R60
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Dry Wall, Brick
Foundation: Mixed

Condition

New construction: No
Year built: 1968

Utilities & green energy

Electric: 100 Amp Service
Sewer: In Fee
Water: In Fee

Community & HOA

Community

Features: Near Public Transport, Commuter Bus, Public School, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
Subdivision: Fifth Ward

HOA

Has HOA: No
HOA fee: $540 monthly

Location

Region: Newport

Financial & listing details

Price per square foot: $565/sqft
Tax assessed value: $286,400
Annual tax amount: $2,488
Date on market: 1/27/2026
Inclusions: Tenants in place 48 Hours required for showings. Lease is thru September 2026, $2300 per month.

Price history

Date	Event	Price
3/2/2026	Sold	$400,000-3.6%$565/sqft
Source: StateWide MLS RI #1403914 Report a problem
2/13/2026	Pending sale	$415,000$586/sqft
Source: StateWide MLS RI #1403914 Report a problem
2/1/2026	Contingent	$415,000$586/sqft
Source: StateWide MLS RI #1403914 Report a problem
1/27/2026	Listed for sale	$415,000+6.4%$586/sqft
Source: StateWide MLS RI #1403914 Report a problem
9/13/2024	Listing removed	$2,300$3/sqft
Source: Zillow Rentals Report a problem
9/5/2024	Listed for rent	$2,300+91.7%$3/sqft
Source: Zillow Rentals Report a problem
7/31/2024	Sold	$390,000$551/sqft
Source: StateWide MLS RI #1357467 Report a problem
7/22/2024	Pending sale	$390,000$551/sqft
Source: StateWide MLS RI #1357467 Report a problem
5/8/2024	Contingent	$390,000$551/sqft
Source: MLS PIN #73233135 Report a problem
5/3/2024	Listed for sale	$390,000+85.7%$551/sqft
Source: StateWide MLS RI #1357467 Report a problem
1/15/2021	Sold	$210,000$297/sqft
Source: Public Record Report a problem
12/27/2020	Listed for sale	$210,000$297/sqft
Source: Libby Kirwin Real Estate. LTD #1272310 Report a problem
9/7/2017	Listing removed	$1,200$2/sqft
Source: Century 21 Topsail Realty #2729725 Report a problem
9/1/2017	Listed for rent	$1,200$2/sqft
Source: Century 21 Topsail Realty #2729725 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,489 +5.7%	$286,400
2024	$2,354 +28.1%	$286,400 +49.8%
2023	$1,837	$191,200
2022	$1,837 +3%	$191,200
2021	$1,784 +30.2%	$191,200 +43.4%
2020	$1,370	$133,300
2019	$1,370 +2.9%	$133,300
2018	$1,332 -4%	$133,300 +7.8%
2017	$1,387 +2.6%	$123,700
2016	$1,352 +2.4%	$123,700
2015	$1,320 -1.2%	$123,700 +11.6%
2014	$1,336 +6.1%	$110,800
2012	$1,259 -8.4%	$110,800 -20%
2011	$1,375 +3.9%	$138,500
2010	$1,324 +0.4%	$138,500
2009	$1,319 -19.9%	$138,500 -27.1%
2008	$1,646 +3.9%	$189,900
2007	$1,584	$189,900