NOT LISTED FOR SALE

Estimated Value: $3,603,000 - $3,874,000

5 Beds
6.5 Baths
4,601 Sq Ft
$814/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $3,200,000 $696 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $22,359/month

30 Days on Market

Highlights

  • Marina
  • Contemporary Architecture
  • Corner Lot
  • 0.29 Acre Lot
  • Wood Flooring
  • Tennis Courts

About This Home

As of July 2023

Stunning new custom-built contemporary cottage located in the desirable Coggeshall and Ruggles neighborhood. New landscape installation and privacy fence was recently completed. The 4,600 square foot home features five ensuite bedrooms includes a 700 square foot walk-out lower level providing additional living space and the 6th full bathroom. This home features high-quality construction with custom details throughout including 8" White Oak hardwood floors and Fir wood ceilings, Custom Shiplap feature walls and designer lighting. The state-of-the art kitchen and butler's pantry includes Thermador Professional Series Cooktop Range with pot filler and Built-in Double Ovens with convection and steam. Two Thermador 6-Progam Dishwashers, side-by-side Thermador Built-in Refrigerator and Freezer. The butler's pantry includes a separate sink with the 2nd dishwasher, wine refrigerator and ample storage. Semi-custom Woodmode Brookhaven Cabinets with inset doors and natural wood detail. The spacious open living and dining area includes 12' folding patio doors which fully open to a spacious stone patio allowing for seamless indoor/outdoor living and entertaining. Two-car integral garage opens to a two-story mudroom with custom bench and reclaimed Fir wood shelf. Natural stone walls surround the lower patio and the driveway comprised of pressed stone over asphalt for durability. Amazing location close to beaches, parks and downtown Newport.

Last Agent to Sell the Property

Stacie Mills

Vanderbilt International Prop. License #REB.0016561 Listed on: 06/13/2023

Co-Listed By

Mary Waddington

Vanderbilt International Prop. License #RES.0034743

Last Buyer's Agent

Kimberly Winslow

Residential Properties Ltd. License #RES.0030375

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,993

Year Built

  • Built in 2023

Lot Details

  • 0.29 Acre Lot
  • Corner Lot
  • Property is zoned 10A

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 4-Story Property
  • Dry Bar
  • Zero Clearance Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Storage Room
  • Utility Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 401
  • Assessor Parcel Number 166RUGGLESAVNEWP

Community Details

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Additional Features

  • Coggeshall/Ruggles Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,993

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2929
  • Co List Office Mls Id: VIPN
  • Co List Office Phone: 401-619-3333
  • Subdivision Name: Coggeshall/Ruggles
  • Above Grade Finished Sq Ft: 3823.0
  • Architectural Style: Cabin/Cottage, Contemporary
  • Garage Yn: Yes
  • New Construction: No
  • Building Stories: 4
  • Year Built: 2023
  • Property Sub Type Additional: Single Family Residence
  • Special Features: 4098
  • Stories: 4

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 778.0
  • Fireplace Features: Insert, Gas, Stone, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Dry Bar, Tub Shower
  • Living Area: 4601.0
  • Dining Room Type: Bathroom, Family Room, Storage Room, Utility Room
  • Stories: 4
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Wood Siding, Shingle Siding
  • Exterior Features: Balcony, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Hydro Air, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 12760.0
  • Parcel #: 166RUGGLESAVNEWP
  • Zoning: 10A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4993.0
  • Tax Lot: 401
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2023
Closed on
Jul 28, 2023
Sold by
East Branch Ventures Llc
Bought by
Michael S Kosiver T S and Michael Kosiver
Seller's Agent
Stacie Mills
Vanderbilt International Prop.
Buyer's Agent
Kimberly Winslow
Residential Properties Ltd.
List Price
$3,550,000
Sold Price
$3,200,000
Premium/Discount to List
-$350,000
-9.86%
Views
582
Current Estimated Value
$3,746,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$546,450
Avg. Annual Appreciation
7.43%
Original Mortgage
$2,400,000
Outstanding Balance
$2,344,080
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,402,370

Purchase Details

Listed on
Jun 18, 2021
Closed on
Jun 8, 2021
Sold by
Herzog Rosa and Herzog Alfred J
Bought by
East Branch Ventures Llc
Seller's Agent
Iris Zaff
Lila Delman Compass
Buyer's Agent
Iris Zaff
Lila Delman Compass
List Price
$825,000
Sold Price
$825,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.11%
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
Michael S Kosiver T S $3,200,000 None Available
East Branch Ventures Llc $825,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael S Kosiver T S $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/28/2023 07/28/23 Sold $3,200,000 -9.9% $696 / Sq Ft
07/13/2023 07/13/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $3,550,000 +330.3% $772 / Sq Ft
06/18/2021 06/18/21 Sold $825,000 0.0% $790 / Sq Ft View Prior Sale
06/18/2021 06/18/21 For Sale $825,000 -- $790 / 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 $29,013 $3,339,100 $662,200 $2,676,900
2024 $27,447 $3,339,100 $662,200 $2,676,900
2023 $18,625 $1,877,500 $435,900 $1,441,600
2022 $4,991 $519,400 $435,900 $83,500
2021 $5,179 $555,100 $435,900 $119,200
2020 $5,164 $502,300 $358,700 $143,600
2019 $5,164 $502,300 $358,700 $143,600
2018 $5,018 $502,300 $358,700 $143,600
2017 $4,582 $408,700 $288,100 $120,600
2016 $4,467 $408,700 $288,100 $120,600
2015 $4,361 $408,700 $288,100 $120,600
2014 $4,319 $358,100 $225,300 $132,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1337622

State-Wide MLS

APN: NEWP-000040-000000-000401