NOT LISTED FOR SALE

11 Oakwood Terrace Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $1,567,000 - $1,839,000

3 Beds
2.5 Baths
2,308 Sq Ft
$723/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $950,000 $412 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,951/month

28 Days on Market

Highlights

  • Beach Access
  • Deck
  • Attic
  • Colonial Architecture
  • Wood Flooring
  • Corner Lot

About This Home

As of February 2019

Spacious 3-bedroom 2-bath Colonial in a peaceful area adjacent St. Michael's Day School and within proximity to First Beach and just minutes away from Bellevue Avenue shops and restaurants. Home features hardwood floors throughout. A spacious and sun-filled family room offers access to an outdoor field stone patio surrounded by mature plantings. Large living room with fireplace and dining room for formal entertaining. The laundry room can double as a mudroom with access to an attached oversized 2-car garage. The second floor features a spacious Master Bedroom with en-suite bath, copious closet space and a large southeast facing outdoor deck. Two additional bedrooms on the second floor share a bath with shower. The full basement offers ample storage space with plenty of room for a workshop. The perfect home for year round living or as a second home.

Last Agent to Sell the Property

Donald Desrosiers

Gustave White Sotheby's Realty License #RES.0030921 Listed on: 01/17/2019

Co-Listed By

Jose Aguon

Gustave White Sotheby's Realty License #RES.0030702

Last Buyer's Agent

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,150

Year Built

  • Built in 1963

Lot Details

  • 0.36 Acre Lot
  • Corner Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,308 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Breezeway

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 076
  • Assessor Parcel Number 11OAKWOODTERNEWP

Community Details

Overview

  • Old Beach / Rhode Island Ave Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,150

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3595
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Old Beach / Rhode Island Ave
  • Above Grade Finished Sq Ft: 2308.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Oven, Oil Water Heater, Range
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 2308.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Breezeway, Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15658.0
  • Parcel #: 11OAKWOODTERNEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8150.0
  • Tax Lot: 076
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2022
Sold by
Davenport Anne Sofie and Davenport Brett D
Bought by
Davenport Brett D
Current Estimated Value
$1,668,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$389,185
Interest Rate
6.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,147,562

Purchase Details

Listed on
Jan 17, 2019
Closed on
Feb 8, 2019
Sold by
Magee Dana D
Bought by
Davenport Brett D and Davenport Anne Sofie
Seller's Agent
Donald Desrosiers
Gustave White Sotheby's Realty
Buyer's Agent
Alexandra Thursby
Mott & Chace Sotheby's Intl.
List Price
$949,000
Sold Price
$950,000
Premium/Discount to List
$1,000
0.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$760,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1997
Sold by
Peterson Karl F
Bought by
Magee Dand D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Davenport Brett D -- None Available
Davenport Brett D $950,000 --
Magee Dand D $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Brett D $400,000
Previous Owner Davenport Brett D $760,000
Previous Owner Davenport Brett D $760,000
Previous Owner Magee Dand D $123,500
Previous Owner Magee Dand D $125,000
Previous Owner Magee Dand D $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $950,000 +0.1% $412 / Sq Ft
01/17/2019 01/17/19 For Sale $949,000 -- $411 / 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
2024 $10,317 $1,480,200 $787,900 $692,300
2023 $9,392 $946,800 $489,400 $457,400
2022 $9,099 $946,800 $489,400 $457,400
2021 $8,834 $946,800 $489,400 $457,400
2020 $8,386 $815,800 $473,300 $342,500
2019 $8,386 $815,800 $473,300 $342,500
2018 $8,150 $815,800 $473,300 $342,500
2017 $8,076 $720,400 $390,900 $329,500
2016 $7,874 $720,400 $390,900 $329,500
2015 $7,687 $720,400 $390,900 $329,500
2014 $8,186 $678,800 $339,900 $338,900
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Donald Desrosiers

    Gustave White Sotheby's Realty

  • Jose Aguon

    Seller Co-Listing Agent in 2019

    Jose Aguon

    Gustave White Sotheby's Realty

    (401) 263-4168

    30 Total Sales

    Section Image
  • Alexandra Thursby

    Buyer's Agent in 2019

    Alexandra Thursby

    Mott & Chace Sotheby's Intl.

    (401) 266-9900

    3 in this area

    55 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1213249

State-Wide MLS

APN: NEWP-000026-000000-000076

Rhode Island Newport County Newport 02840 Old Beach

11 Oakwood Terrace, Newport, RI

This home is located at 11 Oakwood Terrace, Newport, RI 02840 since 17 January 2019 and is currently estimated at $1,668,389, approximately $722 per square foot. This property was built in 1963. 11 Oakwood Terrace is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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