NOT LISTED FOR SALE

15 Hammersmith Rd Unit 31 Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $959,000 - $993,000

2 Beds
2.5 Baths
1,586 Sq Ft
$614/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $875,000 $552 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,628/month

33 Days on Market

Highlights

  • Marina
  • In Ground Pool
  • Wooded Lot
  • Golf Course Community
  • Deck
  • Wood Flooring

About This Home

As of February 2024

Welcome to the sought-after 17 acre Moorland Farm of Newport, RI! Nestled in a vibrant condo community, this property offers a perfect blend of luxury, comfort, and convenience. Step inside to discover a newly painted and refreshed interior, adorned with high-end Thomasville dove-tailed oak cabinetry, newer Andersen windows, sliders and chic new lighting fixtures. The living room boasts a gas fireplace and expansive windows, with refinished hardwoods - all offering a serene view of the wooded surroundings and sliders to the large back deck. With 2 bedrooms, including a spacious primary suite, and 2 full and 1 half bath, this home provides ample space for relaxation and rejuvenation. Outside, you'll find a charming front porch, two balconies, and a large deck, ideal for unwinding or entertaining guests. Includes a coveted, large detached garage for your convenience as well as a large attic space for storage or expansion possibilities. The updated Lennox HVAC (2021) offers 2 zones for comfort. Easy access to the amenities of Newport, including the renowned Newport Country Club, New York Yacht Club, Fort Adams and the picturesque Castle Hill Inn near Ocean Drive. Only moments to the pool and new Pickleball courts (this Spring!) for residents to enjoy. Don't miss the opportunity to make this exquisite place your own - and experience the best of the Newport lifestyle.

Last Agent to Sell the Property

Courtney Van Beuren

Lila Delman Compass License #RES.0041540 Listed on: 12/15/2023

Lila Delman Compass

Co-Listed By

Alyce Wright

Lila Delman Compass License #RES.0033781

Last Buyer's Agent

Elizabeth Andrews

Keller Williams Rlty Newport

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,828

Year Built

  • Built in 1987

Lot Details

  • Wooded Lot

HOA Fees

  • $829 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Driveway
  • Unassigned Parking

Home Design

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

Interior Spaces

  • 1,586 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Balcony
  • Deck
  • Outbuilding
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 065
  • Assessor Parcel Number 15HAMMERSMITHRD31ANEWP

Community Details

Overview

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

Recreation

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

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,828

Year Built

Built in 1987

Lot Details

0

HOA Fees

$829 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: Ocean Drive, Fort Adams, NYYC, NCC
  • Above Grade Finished Sq Ft: 1586.0
  • Building Name: Moorland Farm
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1987
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 1586.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Pool Features: In Ground, Community
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Paved Driveway, Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Unassigned
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Marina, Pool, Recreation Area, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee: 829.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 15HAMMERSMITHRD31ANEWP
  • Zoning: R160
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 33

Tax Info

  • Tax Annual Amount: 5828.0
  • Tax Lot: 065
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2023
Closed on
Feb 15, 2024
Sold by
Margaret M Coyle Ft and Cestone
Bought by
Peter and Peter Linda Hantzis
Seller's Agent
Courtney Van Beuren
Lila Delman Compass
Buyer's Agent
Elizabeth Andrews
Keller Williams Rlty Newport
List Price
$875,000
Sold Price
$875,000
Views
48
Current Estimated Value
$973,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,020
Avg. Annual Appreciation
6.69%
Original Mortgage
$700,000
Outstanding Balance
$687,652
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$285,368

Purchase Details

Listed on
Aug 24, 2012
Closed on
Oct 7, 2016
Sold by
Caputi Anthony P and Burton Linda A
Bought by
Coyle Margaret M
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
David Lawrence
Lila Delman Compass
List Price
$539,000
Sold Price
$430,000
Premium/Discount to List
-$109,000
-20.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
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
Peter $875,000 None Available
Coyle Margaret M $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peter $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2024 02/15/24 Sold $875,000 0.0% $552 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $875,000 +103.5% $552 / Sq Ft
10/07/2016 10/07/16 Sold $430,000 -20.2% $271 / Sq Ft View Prior Sale
09/07/2016 09/07/16 Pending -- -- --
08/24/2012 08/24/12 For Sale $539,000 -- $340 / 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 $7,437 $855,900 $0 $855,900
2024 $5,966 $855,900 $0 $855,900
2023 $6,737 $679,100 $0 $679,100
2022 $6,526 $679,100 $0 $679,100
2021 $6,336 $679,100 $0 $679,100
2020 $6,236 $606,600 $0 $606,600
2019 $6,236 $606,600 $0 $606,600
2018 $6,060 $606,600 $0 $606,600
2017 $7,060 $629,800 $0 $629,800
2016 $6,884 $629,800 $0 $629,800
2015 $6,126 $574,100 $0 $574,100
2014 $6,830 $566,300 $0 $566,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1349579

State-Wide MLS

APN: NEWP-000043-000065-000031A