127 Harrison Ave Unit 2 Newport, RI 02840
Ocean Drive NeighborhoodEstimated Value: $1,678,000 - $2,341,000
2
Beds
2.5
Baths
1,877
Sq Ft
$1,065/mo
HOA Fee
Highlights
- Beach Front
- 3.77 Acre Lot
- Private Lot
- Water Access
- Deck
- Wood Flooring
About This Home
As of December 2020FIRST LEVEL RESIDENCE IN GORGEOUS BEECHBOUND MANOR HOUSE- Spanning over 1,877 square feet with direct views of Newport Harbor, this single level waterfront residence offers estate living and the luxury of 21 century upgrades. Built in 1895, this elegant manor house was seamlessly converted into 7 condominiums while keeping the opulence of the Guilded Age. A mix of Jacobean and Shingle Styles, this stone and timber residence is expertly sited to take full advantage of the breathtaking hill and harbor views on over three acres of Olmsted planted grounds. A gated entrance opens up to vast lawn with a collection of historic architectural styles in the distance. The circular driveway leads you to the welcoming arm of the stone porte-cochere, inviting you into the baronial interior. Sumptuously carved mahogany paneling continues in the Great Room. A plaster tracery ceiling compliments the museum quality interior and showcases the walls of the 19th century tapestry. State of the art fiber optic lighting brings out the beauty and immaculate condition of this architectural treasure, and newly installed high velocity central air keeps humidity at bay.Two ensuite bedrooms, a sunny kitchen and cozy den wired with Sonos sound system throughout are among interior comforts. A boathouse with pier allows you to swim or take your tender into town. Enjoy a cocktail along the common area stone loggia that runs the length of the property. Superb property management, low fees. Rare offering
Last Listed By
Residential Properties Ltd. License #REB.0019735 Listed on: 09/13/2019
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $14,819
Year Built
- Built in 1895
Lot Details
- Beach Front
- Secluded Lot
HOA Fees
- $1,065 Monthly HOA Fees
Home Design
- Stone Foundation
- Wood Siding
- Shingle Siding
- Masonry
- Plaster
Interior Spaces
- 1,877 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Marble Fireplace
- Storage Room
- Wood Flooring
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Outdoor Features
- Water Access
- Deck
Utilities
- Central Air
- Compressor
- Heating System Uses Gas
- Baseboard Heating
- 200+ Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 001
- Assessor Parcel Number 127HARRISONAV2NEWP
Community Details
Overview
- 17 Units
- Brenton Cove, Harrison Subdivision
- On-Site Maintenance
- Maintained Community
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2019
Closed on
Dec 2, 2020
Sold by
Granby Alan and Hyland Janice
Bought by
Marks Steven and Selakova Jekaterina
Seller's Agent
Kristin Parella
Residential Properties Ltd.
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$1,650,000
Sold Price
$1,650,000
Total Days on Market
429
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
$410,266
Avg. Annual Appreciation
6.62%
Purchase Details
Closed on
Dec 21, 2011
Sold by
Gustin Bernard H
Bought by
Andrew S Gustin T
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Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Marks Steven | $1,650,000 | None Available | |
| Andrew S Gustin T | -- | -- | |
| Qp Bernard H Gustin Ri | -- | -- | |
| Gustin Bernard H | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Marks Steven | $640,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/16/2020 12/16/20 | Sold | $1,650,000 | +47042.9% | $879 / Sq Ft |
| 11/16/2020 11/16/20 | Pending | -- | -- | -- |
| 09/02/2020 09/02/20 | Rented | $3,500 | +9.4% | -- |
| 08/03/2020 08/03/20 | Under Contract | -- | -- | -- |
| 06/29/2020 06/29/20 | For Rent | $3,200 | -92.0% | -- |
| 05/06/2020 05/06/20 | Rented | $40,000 | +100.0% | -- |
| 04/06/2020 04/06/20 | Under Contract | -- | -- | -- |
| 11/18/2019 11/18/19 | For Rent | $20,000 | 0.0% | -- |
| 09/13/2019 09/13/19 | For Sale | $1,650,000 | 0.0% | $879 / Sq Ft |
| 05/06/2019 05/06/19 | Rented | $17,500 | 0.0% | -- |
| 04/06/2019 04/06/19 | Under Contract | -- | -- | -- |
| 02/22/2019 02/22/19 | For Rent | $17,500 | +483.3% | -- |
| 08/15/2018 08/15/18 | For Rent | $3,000 | -6.3% | -- |
| 08/15/2018 08/15/18 | Rented | $3,200 | -83.6% | -- |
| 06/06/2017 06/06/17 | Rented | $19,500 | 0.0% | -- |
| 05/07/2017 05/07/17 | Under Contract | -- | -- | -- |
| 04/18/2017 04/18/17 | For Rent | $19,500 | 0.0% | -- |
| 10/16/2015 10/16/15 | Sold | $1,534,000 | +2.6% | $817 / Sq Ft |
| 09/16/2015 09/16/15 | For Sale | $1,495,000 | -- | $796 / 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 | $18,135 | $2,206,200 | $0 | $2,206,200 |
| 2023 | $16,135 | $1,626,500 | $0 | $1,626,500 |
| 2022 | $15,556 | $1,618,700 | $0 | $1,618,700 |
| 2021 | $15,102 | $1,618,700 | $0 | $1,618,700 |
| 2020 | $14,819 | $1,441,500 | $0 | $1,441,500 |
| 2019 | $14,819 | $1,441,500 | $0 | $1,441,500 |
| 2018 | $14,401 | $1,441,500 | $0 | $1,441,500 |
| 2017 | $14,110 | $1,258,700 | $0 | $1,258,700 |
| 2016 | $13,758 | $1,258,700 | $0 | $1,258,700 |
| 2015 | $12,948 | $1,213,500 | $0 | $1,213,500 |
| 2014 | $14,096 | $1,168,800 | $0 | $1,168,800 |
Source: Public Records
Agents Affiliated with this Home
-
Laurie Hewitt Burke
Seller's Agent in 2020
Laurie Hewitt Burke
Compass / Lila Delman Compass
(401) 662-5946
3 Total Sales
-
Kristin Parella
Seller's Agent in 2020
Kristin Parella
Residential Properties Ltd.
(401) 450-9026
3 in this area
25 Total Sales
-
Ryan Hazinakis
Buyer's Agent in 2020
Ryan Hazinakis
Keller Williams Coastal
(401) 477-4251
1 in this area
149 Total Sales
-
Stacie Mills
Buyer's Agent in 2020
Stacie Mills
Vanderbilt International Prop.
(401) 862-2793
2 in this area
103 Total Sales
-
Kara Malkovich
Seller's Agent in 2019
Kara Malkovich
Compass / Lila Delman Compass
(401) 714-6600
2 in this area
42 Total Sales
-
Christopher Davis
C
Buyer's Agent in 2018
Christopher Davis
Hogan Associates Christie's
(401) 239-7719
20 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1234528
APN: NEWP-000041-000001-000202
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