$975,000 - $1,111,778
RENTED APR 29, 2025

15 Hammersmith Rd Unit 16 Newport, RI 02840

Ocean Drive Neighborhood
3 Beds
3 Baths
1,714 Sq Ft
$603 Price per Sq Ft

Last Sold November 15, 2022

Last sale price $900,000 $525 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,371/month

About This Home

As of November 2022

Available mid August 2025 -June 2026, this elegant rental is located in one of Newport's most picturesque areas, Moorland Farms, near Ocean Drive. This beautiful three-bedroom, two-and-a-half bath end unit has been updated and now includes new kitchen appliances, windows, and doors. The interior is well-appointed with tasteful d cor, offering a sprawling layout with ample square footage. Key features include a heated garage, a fireplace for cozy evenings, and decks that overlook serene pastoral acreage, providing access to the grounds. Residents can also enjoy the new pickleball courts and swimming pool. Moorland Farms is known for its tranquil beauty and proximity to Ocean Drive, providing easy access to Newport's stunning coastline and outdoor activities. This rental offers the perfect blend of comfort and convenience, allowing you to experience the charm of Newport in a beautifully updated and spacious townhome.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2022
Closed on
Nov 15, 2022
Sold by
Powell Earl A and Powell Nancy L
Bought by
Lotz Wendy and Lotz Philip A
Seller's Agent
Gordon King
Hogan Associates Christie's
Buyer's Agent
Michelle Kirby
Gustave White Sotheby's Realty
List Price
$885,000
Sold Price
$900,000
Premium/Discount to List
$15,000
1.69%
Views
76
Current Estimated Value
$1,033,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,195
Avg. Annual Appreciation
5.75%
Original Mortgage
$720,000
Outstanding Balance
$690,764
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$342,431

Purchase Details

Listed on
Sep 13, 2016
Closed on
Nov 16, 2018
Sold by
Eddy Paul C and Eddy Nancy
Bought by
Powell 3Rd Earl A and Powell Nancy L
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$749,000
Sold Price
$699,500
Premium/Discount to List
-$49,500
-6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$559,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2011
Sold by
Foxyllc
Bought by
Eddy Paul C and Eddy Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
4.49%

Purchase Details

Closed on
Mar 22, 2004
Sold by
Bouzaid Christopher
Bought by
Eddy Paul and Eddy Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2001
Sold by
Atkins Corrine C
Bought by
Tapp Tiffany and Tapp Vint

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
Interest Rate
7.18%

Range of Values:

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Average Value
Not Available
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
Lotz Wendy $900,000 None Available
Powell 3Rd Earl A $699,500 --
Eddy Paul C -- --
Eddy Paul $595,000 --
Tapp Tiffany $452,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotz Wendy $720,000
Previous Owner Powell 3Rd Earl A $559,000
Previous Owner Eddy Paul C $536,000
Previous Owner Tapp Tiffany $632,000
Previous Owner Tapp Tiffany $476,000
Previous Owner Tapp Tiffany $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Rented $3,600 0.0% --
04/25/2025 04/25/25 Under Contract -- -- --
07/26/2024 07/26/24 For Rent $3,600 0.0% --
11/15/2022 11/15/22 Sold $900,000 +1.7% $525 / Sq Ft
09/20/2022 09/20/22 For Sale $885,000 +26.5% $516 / Sq Ft
11/19/2018 11/19/18 Sold $699,500 -6.6% $408 / Sq Ft
10/20/2018 10/20/18 Pending -- -- --
09/13/2016 09/13/16 For Sale $749,000 -- $437 / Sq Ft

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 $7,378 $897,600 $0 $897,600
2023 $6,441 $649,300 $0 $649,300
2022 $6,240 $649,300 $0 $649,300
2021 $6,058 $649,300 $0 $649,300
2020 $5,934 $577,200 $0 $577,200
2019 $5,934 $577,200 $0 $577,200
2018 $5,766 $577,200 $0 $577,200
2017 $7,180 $640,500 $0 $640,500
2016 $7,001 $640,500 $0 $640,500
2015 $6,834 $640,500 $0 $640,500
2014 $7,495 $621,500 $0 $621,500
Source: Public Records

Agents Affiliated with this Home

  • LeAnne West

    Seller's Agent in 2025

    LeAnne West

    Gustave White Sotheby's Realty

    (401) 787-7604

    1 in this area

    29 Total Sales

    LeAnne West
    Section Image
  • Kristin Parella

    Buyer's Agent in 2025

    Kristin Parella

    Residential Properties Ltd.

    (401) 450-9026

    3 in this area

    25 Total Sales

    Kristin Parella
    Section Image
  • Gordon King

    Seller's Agent in 2022

    Gordon King

    Hogan Associates Christie's

    (401) 924-1774

    4 in this area

    47 Total Sales

    Gordon King
    Section Image

  • M

    Buyer's Agent in 2022

    Michelle Kirby

    Gustave White Sotheby's Realty

    (401) 848-6714

    6 in this area

    50 Total Sales

    Michelle Kirby
    Section Image
  • Kathleen Greenman

    Seller's Agent in 2018

    Kathleen Greenman

    Gustave White Sotheby's Realty

    (401) 848-6727

    10 in this area

    76 Total Sales

    Kathleen Greenman
    Section Image
  • Edith Cushing

    Buyer's Agent in 2018

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 862-7703

    1 in this area

    50 Total Sales

    Edith Cushing
    Section Image
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Map

Rhode Island Newport County Newport 02840 Ocean Drive

15 Hammersmith Rd Unit 16, Newport, RI

Homes for Sale in Newport, RI

This home is located at 15 Hammersmith Rd Unit 16, Newport, RI 02840 and is currently estimated at $1,033,195, approximately $602 per square foot. 15 Hammersmith Rd Unit 16 is a home located in Newport County with nearby schools including Rogers High 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.