NOT LISTED FOR SALE

1 Highland Place Newport, RI 02840

Lily-Almy Pond Neighborhood

Estimated Value: $2,304,000 - $3,336,000

3 Beds
3.5 Baths
2,252 Sq Ft
$1,281/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $2,000,000 $888 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $16,966/month

195 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 0.96 Acre Lot
  • Water Views
  • In Ground Pool
  • Deck

About This Home

As of June 2021

Unique, alluring, a great hideaway set into a rocky treetop bluff above a quiet cul-de-sac overlooking Lily Pond and the ocean beyond, this property is spellbinding from any angle. The approach meanders up winding steps carved out of the hill. Once inside you are drawn to the great room with its high vaulted ceiling and wall of windows to the south. A wraparound deck brings the inside out, an incomparable venue for loafing or lavish summer entertaining. An open kitchen services the dining room indoors and the deck outside. Take the elevator down to three bedrooms, the library and three baths. a heated in-ground pool seals the experience. In Newport, wow, this is where you want to be!

Last Agent to Sell the Property

Chris West

Gustave White Sotheby's Realty License #REB.0013055 Listed on: 11/10/2020

Gustave White Sotheby's Realty

Last Buyer's Agent

Caroline Richards

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,985

Year Built

  • Built in 1979

Lot Details

  • 0.96 Acre Lot
  • Cul-De-Sac
  • Corner Lot
  • Wooded Lot
  • Property is zoned R120

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Cathedral Ceiling
  • 1 Fireplace
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Full Bathroom
  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors

Outdoor Features

  • In Ground Pool
  • Deck

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Radiant Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 320
  • Assessor Parcel Number 1HIGHLANDPLNEWP

Community Details

Overview

  • Ballard Park And Lily Pond Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,985

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Subdivision Name: Ballard Park and Lily Pond
  • Above Grade Finished Sq Ft: 2252.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1979
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Accessibility Features: Accessibility Features, Accessible Full Bath, Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s)
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood, Carpet
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Dry Bar, Tub Shower, Elevator, Cable TV
  • Living Area: 2252.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, Wooded
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Propane, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 41817.0
  • Parcel #: 1HIGHLANDPLNEWP
  • Zoning: R120
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13985.0
  • Tax Lot: 320
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2020
Closed on
Jun 24, 2021
Sold by
Fantasy Rock Llc
Bought by
Rick Daniel M and Quintero Catherine
Seller's Agent
Chris West
Gustave White Sotheby's Realty
Buyer's Agent
Caroline Richards
List Price
$2,750,000
Sold Price
$2,000,000
Premium/Discount to List
-$750,000
-27.27%
Current Estimated Value
$2,885,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,446
Avg. Annual Appreciation
8.61%
Original Mortgage
$548,250
Outstanding Balance
$496,372
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$2,389,074

Purchase Details

Closed on
May 12, 2016
Sold by
Sullivan A Michael
Bought by
Fantasy Rock Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rick Daniel M $2,000,000 None Available
Fantasy Rock Llc -- --
Sullivan A Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rick Daniel M $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $2,000,000 -27.3% $888 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
11/10/2020 11/10/20 For Sale $2,750,000 -- $1,221 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,278 $2,448,900 $1,647,200 $801,700
2024 $19,627 $2,387,700 $1,647,200 $740,500
2023 $15,010 $1,513,100 $1,023,200 $489,900
2022 $14,735 $1,533,300 $1,023,200 $510,100
2021 $14,306 $1,533,300 $1,023,200 $510,100
2020 $13,985 $1,360,400 $900,800 $459,600
2019 $13,985 $1,360,400 $900,800 $459,600
2018 $13,590 $1,360,400 $900,800 $459,600
2017 $12,333 $1,100,200 $697,300 $402,900
2016 $12,025 $1,100,200 $697,300 $402,900
2015 $11,739 $1,100,200 $697,300 $402,900
2014 $11,385 $944,000 $606,400 $337,600
Source: Public Records

Agents Affiliated with this Home

  • Chris West

    Seller's Agent in 2021

    Chris West

    Gustave White Sotheby's Realty

    (203) 994-1165

    2 in this area

    21 Total Sales

    Chris West
    Section Image

  • C

    Buyer's Agent in 2021

    Caroline Richards

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1269478

State-Wide MLS

APN: NEWP-000041-000000-000320

Rhode Island Newport County Newport 02840 Lily-Almy Pond

1 Highland Place, Newport, RI

Not Listed for Sale

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