$1,038,000 - $1,413,000
RENTED APR 29, 2025

15 Hammersmith Rd Unit 16 Newport, RI 02840

Ocean Drive Neighborhood
3 Beds
2.5 Baths
1,714 Sq Ft
$687 Price per Sq Ft

Last Sold November 15, 2022

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

Est. 29% increase in value since last sale

Current estimated payment $7,048/month

Highlights

  • Marina
  • In Ground Pool
  • Wood Flooring
  • Golf Course Community
  • Cathedral Ceiling
  • Furnished

About This Home

As of April 2025

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.

Last Agent to Rent the Property

LeAnne West

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0042539 Listed on: 07/26/2024

Gustave White Sotheby's Realty

Last Renter's Agent

Kristin Parella

Lila Delman Compass License #REB.0019735

Lila Delman Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,378

Year Built

  • Built in 1985

Parking

  • 1 Car Attached Garage
  • Driveway
  • Unassigned Parking

Home Design

  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace

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

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Property Available on 8/16/25
  • The owner pays for hot water
  • Month-to-Month Lease Term
  • Assessor Parcel Number 15HAMMERSMITHRD16ANEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 33 Units
  • Moorland Farm Subdivision

Amenities

  • Shops

Recreation

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

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,378

Year Built

Built in 1985

Lot Details

0

Parking

1

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2025-08-16
  • Security Deposit: 3600.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Moorland Farm
  • Above Grade Finished Sq Ft: 1714.0
  • Building Name: Moorland Farms
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More, Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1985
  • Attribution Contact: 401-849-3000
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Range, Refrigerator, 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
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Skylights, Stall Shower, Tub Shower, Vaulted Ceiling(s)
  • Living Area: 1714.0
  • Stories: 2
  • Window Features: Skylight(s)

Exterior Features

  • Lot Features: Paved
  • Pool Features: In Ground, Community
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Paved Driveway

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Pool, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Internet, Laundry Facilities, Sewer, Snow Removal, Trash Collection, Water
  • Amenities: Pool, Tennis Court(s)
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 15HAMMERSMITHRD16ANEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 33

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
$1,164,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,812
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

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
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: 1364649

State-Wide MLS

APN: NEWP-000043-000065-000016A