181 Ocean Ave Newport, RI 02840
Lily-Almy Pond Neighborhood
10
Beds
8
Baths
8,143
Sq Ft
3.56
Acres
Highlights
- Water Views
- 3.56 Acre Lot
- Antique Architecture
- Beach Access
- Marble Flooring
- 9 Fireplaces
About This Home
As of January 2014Spectacular Ocean Views from this Ogden Codman designed estate on Ocean Dr. Property includes 4 bedroom guest house. Life tenancy in guest house conveys. Seller financing incentives offered through Chase. Contact listing agent for details.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #REB.0019243 Listed on: 07/09/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,246
Year Built
- Built in 1900
Lot Details
- 3.56 Acre Lot
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Antique Architecture
- Shingle Siding
Interior Spaces
- 4-Story Property
- 9 Fireplaces
- Marble Fireplace
- Storage Room
- Utility Room
- Water Views
Flooring
- Wood
- Carpet
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 10 Bedrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Beach Access
- Walking Distance to Water
Utilities
- Cooling Available
- Heating System Uses Oil
- Heating System Uses Steam
- Underground Utilities
- 200+ Amp Service
- Oil Water Heater
- Septic Tank
Community Details
- Ocean Drive Subdivision
Listing and Financial Details
- Tax Lot 74
- Assessor Parcel Number 181OCEANAVNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2013
Closed on
Jan 22, 2014
Sold by
Jp Morgan Chase Bank N
Bought by
Interland Holdings Llc
Seller's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$2,750,000
Sold Price
$2,242,950
Premium/Discount to List
-$507,050
-18.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,841,670
Avg. Annual Appreciation
9.05%
Purchase Details
Closed on
Feb 11, 2005
Sold by
Ritter Donald
Bought by
Mark Jeffrey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $2,242,950 | -- | |
| Deed | $3,100,000 | -- | |
| Quit Claim Deed | $2,242,950 | -- | |
| Deed | $3,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Balloon | |
| Open | $1,300,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $500,000 | No Value Available | |
| Previous Owner | $3,435,000 | No Value Available | |
| Previous Owner | $2,100,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2023 09/23/23 | Rented | $4,500 | 0.0% | -- |
| 08/16/2023 08/16/23 | Under Contract | -- | -- | -- |
| 05/02/2023 05/02/23 | For Rent | $4,500 | 0.0% | -- |
| 08/15/2022 08/15/22 | Rented | $4,500 | 0.0% | -- |
| 08/11/2022 08/11/22 | Under Contract | -- | -- | -- |
| 08/05/2022 08/05/22 | For Rent | $4,500 | 0.0% | -- |
| 01/22/2014 01/22/14 | Sold | $2,242,950 | -18.4% | $275 / Sq Ft |
| 12/23/2013 12/23/13 | Pending | -- | -- | -- |
| 07/09/2013 07/09/13 | For Sale | $2,750,000 | -- | $338 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $58,641 | $7,133,900 | $3,713,900 | $3,420,000 |
| 2023 | $49,202 | $4,959,900 | $2,421,400 | $2,538,500 |
| 2022 | $48,984 | $5,097,200 | $2,558,700 | $2,538,500 |
| 2021 | $47,557 | $5,097,200 | $2,558,700 | $2,538,500 |
| 2020 | $42,893 | $4,172,500 | $2,815,700 | $1,356,800 |
| 2019 | $42,893 | $4,172,500 | $2,815,700 | $1,356,800 |
| 2018 | $37,558 | $3,759,600 | $2,815,700 | $943,900 |
| 2017 | $31,290 | $2,791,300 | $1,964,900 | $826,400 |
| 2016 | $30,058 | $2,750,000 | $1,964,900 | $785,100 |
| 2015 | $41,945 | $3,931,100 | $2,542,800 | $1,388,300 |
| 2014 | $38,907 | $3,226,100 | $1,986,600 | $1,239,500 |
Source: Public Records
Agents Affiliated with this Home
-
Kara Malkovich
Seller's Agent in 2023
Kara Malkovich
Lila Delman Compass
(401) 714-6600
42 Total Sales
-
hunter parker
h
Buyer's Agent in 2023
hunter parker
Our Real Estate
(508) 858-9947
-
Rebecca King
Seller's Agent in 2022
Rebecca King
Gustave White Sotheby's Realty
(401) 808-9334
66 Total Sales
-
K
Buyer's Agent in 2022
Katharine Fay
Hogan Associates Christie's
-
Kimberly Fleming
Seller's Agent in 2014
Kimberly Fleming
Gustave White Sotheby's Realty
(401) 935-9075
52 Total Sales
-
Edith Cushing
Buyer's Agent in 2014
Edith Cushing
RE/MAX Profnl. Newport, Inc.
(401) 862-7703
2 in this area
50 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1045629
APN: NEWP-000041-000000-000074
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