NOT LISTED FOR SALE

127 Harrison Ave Unit 4 Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $2,265,435 - $2,559,000

3 Beds
2.5 Baths
1,854 Sq Ft
$2,109/mo HOA Fee

Last Sold May 31, 2024

Last sale price $2,000,000 $1,079 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $16,109/month

Highlights

  • Beach Front
  • 3.77 Acre Lot
  • Wood Flooring
  • Water Access
  • Private Lot
  • 2 Fireplaces

About This Home

As of May 2024

Fabulous harborfront condominium in Beechbound Manor House, an historic Peabody and Stearns estate c.1900. with Frederick Law Olmsted grounds and a deepwater stone pier.

Last Agent to Sell the Property

Michelle Kirby

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0019942 Listed on: 05/29/2024

Last Buyer's Agent

Jose Aguon

Gustave White Sotheby's Realty License #RES.0030702

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,586

Year Built

  • Built in 1904

Lot Details

  • Beach Front
  • Security Fence
  • Secluded Lot
  • Sprinkler System

HOA Fees

  • $2,109 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Masonry
  • Plaster

Interior Spaces

  • 1,854 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Marble Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 206
  • Assessor Parcel Number 127HARRISONAV4NEWP

Community Details

Overview

  • 7 Units
  • Newport Harborfront, Brenton Cove Subdivision

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,586

Year Built

Built in 1904

Lot Details

0

HOA Fees

$2,109 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 3.77
  • Subdivision Name: Newport Harborfront, Brenton Cove
  • Above Grade Finished Sq Ft: 1854.0
  • Building Name: Beechbbound Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1904
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 401-849-3000
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Second Floor Access
  • Fireplace Features: Marble, None
  • Fireplaces: 2
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1854.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Private, Secluded, Sprinkler System, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Patio, Sprinkler/Irrigation
  • Foundation Details: Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 2109.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 164221.0
  • Parcel #: 127HARRISONAV4NEWP
  • Zoning: R120
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 17586.0
  • Tax Lot: 206
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
May 24, 2024
Sold by
Culotta Carl J
Bought by
Mcmanus Richard K and Barash Faith E
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Jose Aguon
Gustave White Sotheby's Realty
List Price
$2,000,000
Sold Price
$2,000,000
Views
6
Current Estimated Value
$2,411,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,109
Avg. Annual Appreciation
12.91%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Wen Nie Jiann and Wen Minnie
Bought by
Culotta Carl J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mcmanus Richard K $2,000,000 None Available
Mcmanus Richard K $2,000,000 None Available
Culotta Carl J $550,000 --
Culotta Carl J $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Culotta Carl J $600,000
Previous Owner Culotta Carl J $468,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2024 05/31/24 Sold $2,000,000 0.0% $1,079 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $2,000,000 0.0% $1,079 / Sq Ft
06/29/2020 06/29/20 Rented $5,000 -9.1% --
05/30/2020 05/30/20 Under Contract -- -- --
03/12/2020 03/12/20 For Rent $5,500 0.0% --
06/18/2019 06/18/19 Rented $5,500 0.0% --
05/19/2019 05/19/19 Under Contract -- -- --
04/08/2019 04/08/19 For Rent $5,500 +10.0% --
03/16/2017 03/16/17 Rented $5,000 0.0% --
03/16/2017 03/16/17 For Rent $5,000 -- --
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 $15,802 $1,818,600 $0 $1,818,600
2024 $14,949 $1,818,600 $0 $1,818,600
2023 $17,586 $1,772,800 $0 $1,772,800
2022 $17,037 $1,772,800 $0 $1,772,800
2021 $16,540 $1,772,800 $0 $1,772,800
2020 $14,193 $1,380,600 $0 $1,380,600
2019 $14,193 $1,380,600 $0 $1,380,600
2018 $13,792 $1,380,600 $0 $1,380,600
2017 $13,522 $1,206,200 $0 $1,206,200
2016 $13,184 $1,206,200 $0 $1,206,200
2015 $12,870 $1,206,200 $0 $1,206,200
2014 $13,220 $1,096,200 $0 $1,096,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michelle Kirby

    Gustave White Sotheby's Realty

    (401) 848-6714

    9 in this area

    52 Total Sales

    Michelle Kirby
    Section Image
  • Jose Aguon

    Buyer's Agent in 2024

    Jose Aguon

    Gustave White Sotheby's Realty

    (401) 263-4168

    1 in this area

    28 Total Sales

    Jose Aguon
    Section Image
  • Alexandra Thursby

    Seller's Agent in 2020

    Alexandra Thursby

    Mott & Chace Sotheby's Intl.

    (401) 266-9900

    1 in this area

    46 Total Sales

    Alexandra Thursby
    Section Image
  • Julie Warburg

    Seller Co-Listing Agent in 2020

    Julie Warburg

    Lila Delman Compass

    (203) 856-3158

    7 Total Sales

    Julie Warburg
    Section Image
  • Shari Dailey

    Buyer's Agent in 2019

    Shari Dailey

    Lila Delman Compass

    (401) 239-7176

    27 Total Sales

    Shari Dailey
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1359700

State-Wide MLS

APN: NEWP-000041-000001-000204

Rhode Island Newport County Newport 02840 Ocean Drive

127 Harrison Ave Unit 4, Newport, RI

Not Listed for Sale

Condos

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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes