NOT LISTED FOR SALE

Bonniecrest 111 Harrison Ave Unit 2 Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $3,460,000 - $4,744,000

3 Beds
3.5 Baths
3,500 Sq Ft
$1,977/mo HOA Fee

Last Sold April 29, 2021

Last sale price $3,000,000 $857 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $25,498/month

130 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • In Ground Pool
  • Marina
  • Water Access
  • Deck

About This Home

As of April 2021

The most REMARKABLE condo in the State of Rhode Island! Take in the stunning views from this architecturally significant, brick Tudor revival Bonniecrest Manor House residence. This luxurious, waterfront property is a truly spectacular condominium home that stands tall on it's cliffside site above Brenton Cove. It has picturesque ocean views that include Rose Island, Goat Island, Claiborne Pell Newport Bridge and Newport Harbor. Architect John Russell Pope designed this truly marvelous estate for Stuart Duncan, a Midwest banker whose family imported Lea & Perrins Worcestershire Sauce. He also designed the National Archives and Records Administration Building and the West Building of the National Gallery of Art. The Olmstead Brothers, an influential landscape architectural firm, crafted the impeccable landscape plan that remains lush year-round. Step inside and you are instantly enveloped in rich history and overtaken with opulence. From the fixtures to the finishes, no expense was spared. There is a natural flow from the entry to the patio, perfect for entertaining on an intimate or grand scale. The bedrooms have Tudor tracery ceilings and each have their own bath. When you, your loved ones and guests want to enjoy the great outdoors, you have easy water access with a private kayak dock for Bonniecrest residents. All that Newport has to offer is nearby and yet behind the gates to Bonniecrest you will feel as though you are in your own tranquil oasis.

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 11/19/2020

Last Buyer's Agent

Chad Kritzas

HomeSmart Professionals Listed on: 11/19/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,967

Year Built

  • Built in 1914

Lot Details

  • Beach Front
  • Sprinkler System

HOA Fees

  • $1,977 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 3,500 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Marble Fireplace
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • <<tubWithShowerToken>>

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 008-02
  • Assessor Parcel Number 111HARRISONAVM2NEWP

Community Details

Overview

  • 57 Units
  • Ocean Drive Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Shops

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,967

Year Built

Built in 1914

Lot Details

0

HOA Fees

$1,977 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Ocean Drive
  • Above Grade Finished Sq Ft: 3500.0
  • Building Name: Bonniecrest
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1914
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Marble, None
  • Fireplaces: 1
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Other, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 3500.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System, Waterfront
  • Pool Features: In Ground, Community
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Brick, Masonry
  • Exterior Features: Deck, Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Unassigned
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Maintenance On-Site, Near Hospital, Near Schools, Pool, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Maintenance, Pool, Tennis Court(s)
  • Association Fee: 5929.78
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 111HARRISONAVM2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 57

Tax Info

  • Tax Annual Amount: 16967.0
  • Tax Lot: 008-02
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2024
Sold by
Priscilla B Lampert T B and Priscilla Lambert
Bought by
Lambert Priscilla B
Current Estimated Value
$3,916,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,039,534
Interest Rate
6.63%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,269,047

Purchase Details

Listed on
Nov 19, 2020
Closed on
Apr 16, 2021
Sold by
Sebastian Holdings Llc
Bought by
Lampert Pricilla B
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%

Purchase Details

Closed on
Jul 18, 1995
Sold by
Halpin James F and Halpin Joanne
Bought by
Abbott David R and Abbott Marion

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
7.7%
Source: Public Records

Range of Values:

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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
Lambert Priscilla B -- None Available
Lambert Priscilla B -- None Available
Lampert Pricilla B $3,000,000 None Available
Lampert Pricilla B $3,000,000 None Available
Abbott David R $230,000 --
Abbott David R $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Priscilla B $1,050,000
Closed Lambert Priscilla B $1,050,000
Previous Owner Abbott David R $1,100,000
Previous Owner Abbott David R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $3,000,000 -14.3% $857 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $3,500,000 -- $1,000 / 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 $21,931 $2,668,000 $0 $2,668,000
2023 $18,907 $1,905,900 $0 $1,905,900
2022 $18,316 $1,905,900 $0 $1,905,900
2021 $17,782 $1,905,900 $0 $1,905,900
2020 $16,720 $1,626,500 $0 $1,626,500
2019 $16,720 $1,626,500 $0 $1,626,500
2018 $16,249 $1,626,500 $0 $1,626,500
2017 $18,233 $1,626,500 $0 $1,626,500
2016 $17,778 $1,626,500 $0 $1,626,500
2015 $17,355 $1,626,500 $0 $1,626,500
2014 $20,917 $1,734,400 $0 $1,734,400
Source: Public Records

Agents Affiliated with this Home

  • Chad Kritzas

    Seller's Agent in 2021

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    1 in this area

    222 Total Sales

    Chad Kritzas
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About Bonniecrest

Map

Source: State-Wide MLS

MLS Number: 1270364

State-Wide MLS

APN: NEWP-000041-000008-000002

Rhode Island Newport County Newport 02840 Ocean Drive

111 Harrison Ave Unit 2, Newport, RI

This home is located at 111 Harrison Ave Unit 2, Newport, RI 02840 since 19 November 2020 and is currently estimated at $3,916,447, approximately $1,118 per square foot. This property was built in 1914. 111 Harrison Ave Unit 2 is a home located in Newport County with nearby schools including Rogers High School and St Michael's Country Day 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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