NOT LISTED FOR SALE

17 Commonwealth Ave Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $4,281,000 - $8,274,837

4 Beds
2.5 Baths
2,154 Sq Ft
$2,632/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2013

Last sale price $960,000 $446 Per Sq Ft

Est. 491% increase in value since last sale

Current estimated payment $34,182 / mo

335 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Spa
  • Beach Access
  • Horses Allowed On Property
  • Deck

About This Home

As of February 2013

Ocean Drive area, waterviews,walk to private beach (deeded beach rights) across from Newport Country Club, renovated, decks,private lower level bedroom,den,& bath; ideal summer home, economical utilities, best priced home in area.

Last Agent to Sell the Property

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 02/28/2012

Lila Delman Compass

Last Buyer's Agent

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 02/28/2012

Lila Delman Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,268

Year Built

  • Built in 1983

Lot Details

  • 20,037 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Wooded Lot
  • Property is zoned R40A

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,154 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Wood Burning Stove
  • Thermal Windows
  • Storage
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Spa
  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Outdoor Grill

Utilities

  • No Cooling
  • Baseboard Heating
  • 150 Amp Service
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 042
  • Assessor Parcel Number 17COMMONWEALTHAVNEWP

Community Details

Overview

  • Ocean Drive Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,268

Year Built

Built in 1983

Lot Details

0.46 Acres

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 0.46
  • Subdivision Name: OCEAN DRIVE
  • Above Grade Finished Sq Ft: 2154.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1983
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Cathedral Ceiling(s), High Ceilings, Storage, Vaulted Ceiling(s), Central Vacuum, Jetted Tub, Cable TV, Wood Burning Stove
  • Living Area: 2154.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Barbecue, Paved Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 1.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 150 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Near Hospital, Near Schools
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 20037.0
  • Parcel #: 17COMMONWEALTHAVNEWP
  • Zoning: R40A

Tax Info

  • Tax Annual Amount: 7268.0
  • Tax Lot: 042
  • Tax Year: 2011

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Bought by
Current Estimated Value
$5,669,279

Purchase Details

Closed on
Feb 6, 2017
Sold by
Bought by

Purchase Details

Listed on
Feb 28, 2012
Closed on
Feb 28, 2013
Sold by
Bought by
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Kate Leonard
Lila Delman Compass
List Price
$1,150,000
Sold Price
$960,000
Premium/Discount to List
-$190,000
-16.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.06%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Ocean Drive, RI

  • Edith Cushing Real Estate Agent - RE/MAX Profnl. Newport, Inc.

    Edith Cushing

    Responds Quickly

    RE/MAX Profnl. Newport, Inc.

    (401) 227-3276

    33 Total Sales

    1 in Ocean Drive

    $8,100,000 Price

    Edith Cushing
     Section Image
  • Kelli Improta Real Estate Agent - RI Real Estate Services

    Kelli Improta

    RI Real Estate Services

    (401) 593-4513

    196 Total Sales

    1 in Ocean Drive

    $1,569,000 Price

    Kelli Improta
     Section Image
  • Deb Foppert Real Estate Agent - Jamestown Real Estate LLC

    Deb Foppert

    Responds Quickly

    Jamestown Real Estate LLC

    (401) 324-0421

    60 Total Sales

    1 in Ocean Drive

    $1,525,000 Price

    Deb Foppert
     Section Image
  • Alyce Wright Real Estate Agent - Lila Delman Compass

    Alyce Wright

    Responds Quickly

    Lila Delman Compass

    (401) 324-2551

    62 Total Sales

    4 in Ocean Drive

    $875K - $1.5M Price Range

    Alyce Wright
     Section Image
  • Annie Becker Real Estate Agent - Lila Delman Compass

    Annie Becker

    Responds Quickly

    Lila Delman Compass

    (401) 341-1587

    28 Total Sales

    1 in Ocean Drive

    $13,970,000 Price

    Annie Becker
     Section Image
  • Arthur Chapman Real Estate Agent - William Raveis Inspire

    Arthur Chapman

    William Raveis Inspire

    (401) 354-1842

    65 Total Sales

    1 in Ocean Drive

    $2,200,000 Price

    Arthur Chapman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,230,000 None Available
-- --
$960,000 --
$520,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $380,000
Previous Owner $417,000
Closed $333,700
Previous Owner $485,000
Previous Owner $418,000
Closed $176,000
Closed $32,000
Previous Owner $10,000
Previous Owner $185,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $960,000 -16.5% $446 / Sq Ft
01/29/2013 01/29/13 Pending -- -- --
02/28/2012 02/28/12 For Sale $1,150,000 -- $534 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $36,989 $4,257,000 $1,447,100 $2,809,900
2024 $18,768 $2,283,200 $1,447,100 $836,100
2023 $11,745 $1,184,000 $687,300 $496,700
2022 $11,378 $1,184,000 $687,300 $496,700
2021 $11,047 $1,184,000 $687,300 $496,700
2020 $10,522 $1,023,500 $575,500 $448,000
2019 $10,522 $1,023,500 $575,500 $448,000
2018 $10,225 $1,023,500 $575,500 $448,000
2017 $10,450 $932,200 $485,100 $447,100
2016 $9,992 $914,200 $485,100 $429,100
2015 $9,755 $914,200 $485,100 $429,100
2014 $6,969 $577,900 $275,600 $302,300
Source: Public Records

Agents Affiliated with this Home

  • KL

    Seller's Agent in 2013

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    3 in this area

    25 Total Sales

    Kate Leonard
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Map

Source: State-Wide MLS

MLS Number: 1011244

State-Wide MLS

APN: NEWP-000044-000000-000042

Rhode Island Newport County Newport 02840 Ocean Drive

17 Commonwealth Ave, Newport, RI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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