$900,000
SOLD NOV 15, 2022 RENTED APR 29, 2025

15 Hammersmith Rd Unit 16 Newport, RI 02840

Ocean Drive Neighborhood
3 Beds
2.5 Baths
1,714 Sq Ft
$508/mo HOA Fee

Recently Sold

$525 Per Sq Ft

2% Above List Price

55 Days on Market

Highlights

  • Marina
  • In Ground Pool
  • Wood Flooring
  • Golf Course Community
  • Cathedral Ceiling
  • Walking Distance to Water

About This Home

As of November 2022

Exclusive moorland Farm Condominiums, located on 17 manicured acres across from Fort Adams State Park and overlooking the former Kennedy estate & Newport Country Club. This beautiful three-bedroom, two-and-a-half bath end unit has been updated and includes all new kitchen appliances, a custom sound system, a heated garage, a fireplace, and decks with access to the grounds. Minutes from the New York Yacht Club, Ocean Drive, and Newport's historic mansions. This resort setting includes tennis and a pool.

Last Agent to Sell the Property

Gordon King

Hogan Associates Christie's License #RES.0040040 Listed on: 09/20/2022

Last Buyer's Agent

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,240

Year Built

  • Built in 1985

HOA Fees

  • $508 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Unassigned Parking

Home Design

  • Combination Foundation
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,714 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 065
  • Assessor Parcel Number 15HAMMERSMITHRD16ANEWP

Community Details

Overview

  • Association fees include ground maintenance, parking, pool(s), recreation facilities, snow removal, tennis courts, trash
  • 33 Units
  • Ocean Drive Subdivision

Amenities

  • Shops

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,240

Year Built

Built in 1985

Lot Details

0

HOA Fees

$508 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Ocean Drive
  • Above Grade Finished Sq Ft: 1714.0
  • Building Name: Moorland Farm
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Range Hood, Washer
  • Owner Pays: Hot Water
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 1714.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Pool Features: In Ground, Community
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Paved Driveway, Tennis Court(s)
  • Foundation Details: Combination

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Pool, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 1525.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Snow Removal, Tennis Courts, Trash

Lot Info

  • Parcel #: 15HAMMERSMITHRD16ANEWP
  • Zoning: R160
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 33

Tax Info

  • Tax Annual Amount: 6239.77
  • Tax Lot: 065
  • Tax Year: 2021

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
$1,177,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,816
Avg. Annual Appreciation
6.27%
Original Mortgage
$720,000
Outstanding Balance
$690,764
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$371,037

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%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $900,000 None Available
Deed $699,500 --
Warranty Deed -- --
Deed $595,000 --
Deed $452,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 Purchase Money Mortgage
Previous Owner $559,000 Purchase Money Mortgage
Previous Owner $536,000 No Value Available
Previous Owner $632,000 No Value Available
Previous Owner $476,000 Purchase Money Mortgage
Previous Owner $400,000 No Value Available
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
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 $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

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Map

Source: State-Wide MLS

MLS Number: 1319952

State-Wide MLS

APN: NEWP-000043-000065-000016A