$430,000
SOLD OCT 7, 2016

15 Hammersmith Rd Unit 31 Newport, RI 02840

Ocean Drive Neighborhood
2 Beds
2.5 Baths
1,586 Sq Ft
$632/mo HOA Fee

Recently Sold

$271 Per Sq Ft

20% Below List Price

1,474 Days on Market

Highlights

  • Water Views
  • Deck
  • Wood Flooring
  • Beach Access
  • Wooded Lot
  • Attic

About This Home

As of February 2024

Great opportunity to be in Ocean Drive area, walk to Fort Adams for boating, beach. Recently freshened, new paint, carpet, refinished hardwoods. Lives like a house with fireplaced living room, private deck, pretty backyard. Garage! Pool, tennis too.

Last Agent to Sell the Property

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 08/24/2012

Lila Delman Compass

Last Buyer's Agent

David Lawrence

Lila Delman Compass License #RES.0015529

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1987

Lot Details

  • Fenced
  • Wooded Lot

HOA Fees

  • $632 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,586 Sq Ft Home
  • 2-Story Property
  • Marble Fireplace
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Utility Room
  • Water Views
  • Crawl Space
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck

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 15HAMMERSMITHRD31NEWP

Community Details

Overview

  • 33 Units
  • Ocean Drive Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,125

Year Built

Built in 1987

Lot Details

0

HOA Fees

$632 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Ocean Drive
  • Above Grade Finished Sq Ft: 1586.0
  • Building Name: Moorland Farm
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, 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, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Gas, Marble
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Internal Expansion, Permanent Attic Stairs, Utility Room
  • Living Area: 1586.0
  • Dining Room Type: Dining Room, Kitchen, Living Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage
  • 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: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Pool, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 632.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 15HAMMERSMITHRD31NEWP
  • Zoning: R160
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 33

Tax Info

  • Tax Annual Amount: 6125.0
  • Tax Lot: 065
  • Tax Year: 2015

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$700,000
Outstanding Balance
$691,028
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,289

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

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Range of Values:

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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
Deed $875,000 None Available
Deed $430,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Credit Line Revolving
Open $700,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2025 05/25/25 For Sale $974,900 0.0% $615 / Sq Ft
05/19/2025 05/19/25 Pending -- -- --
03/10/2025 03/10/25 For Sale $974,900 +11.4% $615 / Sq Ft
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
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
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: 1024403

State-Wide MLS

APN: NEWP-000043-000065-000031A