NOT LISTED FOR SALE

15 Hammersmith Rd Unit 20 Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $1,016,000 - $2,013,000

3 Beds
3.5 Baths
1,900 Sq Ft
$770/Sq Ft Est. Value

Last Sold September 02, 2014

Last sale price $700,000 $368 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $9,086/month

43 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Flooring
  • Water Views
  • Deck
  • Community Pool

About This Home

As of September 2014

CASUAL ELEGANCE DESCRIBES THIS COASTAL SANCTUARY HIGH ON A RIDGE WITH DISTANT VIEWS OF NEWPORT COUNTRY CLUB AND THE NEWPORT BRIDGE. SUNNY END UNIT WITH OAK FLOORS AND CATHEDRAL CEILINGS. GARAGE,SWIMMING POOL & TENNIS

Last Agent to Sell the Property

Bertie Macgowan

Gustave White Sotheby's Realty License #RES.0016335 Listed on: 06/20/2014

Gustave White Sotheby's Realty

Last Buyer's Agent

Hillary Davidson

Lila Delman Compass License #RES.0034777

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,179

Year Built

  • Built in 1989

HOA Fees

  • $632 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,900 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Stone Fireplace
  • Living Room
  • Dining Room
  • Water Views
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Walking Distance to Water
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 15HAMMERSMITHRD20NEWP

Community Details

Overview

  • 33 Units
  • Ocean Drive/Ncc Area Subdivision

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Shops
  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,179

Year Built

Built in 1989

Lot Details

0

HOA Fees

$632 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Ocean Drive/NCC area
  • Above Grade Finished Sq Ft: 1900.0
  • 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: 1989
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights
  • Living Area: 1900.0
  • Dining Room Type: Dining Room, Kitchen, Laundry, Living Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Lot Features: Paved
  • Pool Features: Pool, Community
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Built In, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools, Pool, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 632.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 15HAMMERSMITHRD20NEWP
  • Zoning: R-160
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 33

Tax Info

  • Tax Annual Amount: 7179.0
  • Tax Lot: 65
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Sep 2, 2014
Sold by
George R Hinman Ret
Bought by
South Marina Way Llc
Seller's Agent
Bertie Macgowan
Gustave White Sotheby's Realty
Buyer's Agent
Hillary Davidson
Lila Delman Compass
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$1,462,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$762,434
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Oct 18, 2012
Sold by
Hinman Emilie K and Hinman George R
Bought by
Hinman George R and Hinman Emilie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,665,000
Interest Rate
3.57%

Purchase Details

Closed on
May 30, 2002
Sold by
Walk Allison R
Bought by
Hinman George R and Hinman Emilie

Purchase Details

Closed on
Feb 5, 1996
Sold by
Hill Melvin F
Bought by
Read Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,400
Interest Rate
7.25%
Source: Public Records

Range of Values:

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Average Value
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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
South Marina Way Llc $700,000 --
Hinman George R -- --
Hinman George R $515,000 --
Read Allison $210,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hinman George R $1,665,000
Previous Owner Read Allison $168,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2014 09/02/14 Sold $700,000 -6.5% $368 / Sq Ft
08/03/2014 08/03/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $749,000 -- $394 / 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
2025 $8,036 $924,900 $0 $924,900
2024 $7,603 $924,900 $0 $924,900
2023 $6,627 $668,000 $0 $668,000
2022 $6,419 $668,000 $0 $668,000
2021 $6,232 $668,000 $0 $668,000
2020 $6,091 $592,500 $0 $592,500
2019 $6,091 $592,500 $0 $592,500
2018 $5,919 $592,500 $0 $592,500
2017 $7,371 $657,500 $0 $657,500
2016 $7,186 $657,500 $0 $657,500
2015 $7,016 $657,500 $0 $657,500
2014 $7,394 $613,100 $0 $613,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1071464

State-Wide MLS

APN: NEWP-000043-000065-000020A