11 Ocean Lawn Ln Newport, RI 02840
Bellevue Avenue and Estates Neighborhood
5
Beds
5.5
Baths
7,423
Sq Ft
1.19
Acres
Highlights
- Marina
- Spa
- 1.19 Acre Lot
- Golf Course Community
- Sauna
- Deck
About This Home
As of May 2021ELEGANT FRENCH COUNTRY STYLE HOME IN GATED PRIVATE COMPOUND FEATURES GRACIOUS LIVING SPACE AND SUPERB QUALITY CRAFTSMANSHIP, SEPARATE GUEST QUARTERS, BLUE STONE TERRACE, GORGEOUS PARK-LIKE GROUNDS. WALK TO BEACH, CLIFF WALK AND DOWNTOWN. A GEM!
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0026687 Listed on: 05/22/2014
Last Buyer's Agent
Elena Wilcox
Lila Delman Real Estate
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $30,420
Year Built
- Built in 1998
Lot Details
- 1.19 Acre Lot
- Private Lot
- Secluded Lot
- Property is zoned R-60
HOA Fees
- $336 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 2-Story Property
- Wet Bar
- 2 Fireplaces
- Gas Fireplace
- Thermal Windows
- Game Room
- Storage Room
- Utility Room
- Sauna
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
- Security System Owned
- Intercom
Outdoor Features
- Spa
- Walking Distance to Water
- Deck
- Patio
- Porch
Location
- Property near a hospital
Utilities
- Humidifier
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- 220 Volts
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 242
- Assessor Parcel Number 11OCEANLAWNLANENEWP
Community Details
Overview
- Firestone Estate Subdivision
Amenities
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 17, 2020
Closed on
May 28, 2021
Sold by
Clarke David V
Bought by
Simchi-Levi David and Qu Xiao
Seller's Agent
Elena Wilcox
Gustave White Sotheby's Realty
Buyer's Agent
Elena Wilcox
Lila Delman Real Estate
List Price
$3,750,000
Sold Price
$3,550,000
Premium/Discount to List
-$200,000
-5.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,710,727
Avg. Annual Appreciation
5.94%
Original Mortgage
$1,600,000
Outstanding Balance
$1,466,327
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,073,209
Purchase Details
Closed on
May 2, 1995
Sold by
Fleet Nb Tr
Bought by
Karns Robert T and Karns Charlene
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,550,000 | None Available | |
| Warranty Deed | $185,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,600,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $686,000 | No Value Available | |
| Previous Owner | $732,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/28/2021 05/28/21 | Sold | $3,550,000 | -5.3% | $440 / Sq Ft |
| 04/28/2021 04/28/21 | Pending | -- | -- | -- |
| 12/17/2020 12/17/20 | For Sale | $3,750,000 | +34.4% | $465 / Sq Ft |
| 09/04/2014 09/04/14 | Sold | $2,790,000 | -7.0% | $376 / Sq Ft |
| 08/05/2014 08/05/14 | Pending | -- | -- | -- |
| 05/22/2014 05/22/14 | For Sale | $2,999,000 | -- | $404 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $36,760 | $4,472,000 | $2,004,000 | $2,468,000 |
| 2023 | $30,477 | $3,072,300 | $1,013,700 | $2,058,600 |
| 2022 | $29,525 | $3,072,300 | $1,013,700 | $2,058,600 |
| 2021 | $28,665 | $3,072,300 | $1,013,700 | $2,058,600 |
| 2020 | $31,533 | $3,067,400 | $904,400 | $2,163,000 |
| 2019 | $31,533 | $3,067,400 | $904,400 | $2,163,000 |
| 2018 | $30,643 | $3,067,400 | $904,400 | $2,163,000 |
| 2017 | $32,822 | $2,927,900 | $791,500 | $2,136,400 |
| 2016 | $32,002 | $2,927,900 | $791,500 | $2,136,400 |
| 2015 | $30,018 | $2,813,300 | $791,500 | $2,021,800 |
| 2014 | $31,329 | $2,597,800 | $749,800 | $1,848,000 |
Source: Public Records
Agents Affiliated with this Home
-
Elena Wilcox
Seller's Agent in 2021
Elena Wilcox
Gustave White Sotheby's Realty
(401) 662-0604
2 in this area
29 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1068651
APN: NEWP-000034-000000-000242
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