NOT LISTED FOR SALE

183 Old Beach Rd Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $3,661,000 - $4,913,000

5 Beds
6.5 Baths
4,770 Sq Ft
$881/Sq Ft Est. Value

Last Sold April 16, 2018

Last sale price $2,975,000 $624 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $25,772/month

325 Days on Market

Highlights

  • Marina
  • Beach Access
  • Under Construction
  • Water Views
  • Golf Course Community
  • Cathedral Ceiling

About This Home

As of April 2018

Brand New Home to be completed fall of 2017 by Horan Building Company. Spectacular water views of the Atlantic Ocean and Easton's Pond. Steps to Newport's sandy First Beach, also close to town and harbor. This home will offer custom finishes and high-end details throughout. A chef's kitchen, spacious master suite, great entertaining spaces, and a detached garage with potential for guest living quarters above. A great summer retreat or year round home.

Last Agent to Sell the Property

Dave Huberman

Gustave White Sotheby's Realty License #RES.0031635 Listed on: 04/25/2017

Gustave White Sotheby's Realty

Last Buyer's Agent

Dina Karousos

Gustave White Sotheby's Realty

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,544

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 0.4 Acre Lot
  • Property is zoned R20

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Game Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 72
  • Assessor Parcel Number 183OldBeachRDNEWP

Community Details

Overview

  • Easton's Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,544

Year Built

Built in 2017 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Subdivision Name: Easton's Beach
  • Above Grade Finished Sq Ft: 3585.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: Yes
  • Building Stories: 3
  • Year Built: 2017
  • Property Sub Type Additional: Single Family Residence
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1185.0
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Wet Bar, Bathtub, Cathedral Ceiling(s), Tub Shower
  • Living Area: 4770.0
  • Dining Room Type: Bathroom, Bedroom, Game Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Property Condition: Under Construction

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17424.0
  • Parcel #: 183OldBeachRDNEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2019
Sold by
Drm Realty Llc
Bought by
Donna R Morvillo Ret
Current Estimated Value
$4,200,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$648,609
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,381,321

Purchase Details

Closed on
Dec 22, 2016
Sold by
Mcvicker Michael J and Mcvicker Jacqueline H
Bought by
183 Old Beach Rd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,588,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 28, 2015
Closed on
May 27, 2016
Sold by
Howell Philip J
Bought by
Mcvicker Michael J and Mcvicker Jacqueline H
Seller's Agent
Barbara O'Reilly
Hogan Associates Christie's
Buyer's Agent
Jack McVicker
RE/MAX Profnl. Newport, Inc.
List Price
$1,675,000
Sold Price
$1,100,000
Premium/Discount to List
-$575,000
-34.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$880,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Donna R Morvillo Ret -- --
183 Old Beach Rd Llc $725,000 --
Mcvicker Michael J $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donna R Morvillo Ret $750,000
Previous Owner 183 Old Beach Road Llc $1,588,000
Previous Owner 183 Old Beach Rd Llc $1,588,000
Previous Owner Mcvicker Michael J $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2018 04/16/18 Sold $2,975,000 -0.7% $624 / Sq Ft
03/17/2018 03/17/18 Pending -- -- --
04/25/2017 04/25/17 For Sale $2,995,000 +172.3% $628 / Sq Ft
05/27/2016 05/27/16 Sold $1,100,000 -34.3% $588 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
07/28/2015 07/28/15 For Sale $1,675,000 -- $896 / 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 $29,544 $4,238,700 $2,325,700 $1,913,000
2023 $27,692 $2,791,500 $1,520,300 $1,271,200
2022 $26,826 $2,791,500 $1,520,300 $1,271,200
2021 $26,045 $2,791,500 $1,520,300 $1,271,200
2020 $22,136 $2,153,300 $924,800 $1,228,500
2019 $19,167 $1,864,500 $924,800 $939,700
2018 $18,626 $1,864,500 $924,800 $939,700
2017 $7,885 $703,400 $703,400 $0
2016 $12,115 $1,108,400 $703,400 $405,000
2015 $11,827 $1,108,400 $703,400 $405,000
2014 $12,141 $1,006,700 $597,900 $408,800
Source: Public Records

Agents Affiliated with this Home

  • Dave Huberman

    Seller's Agent in 2018

    Dave Huberman

    Gustave White Sotheby's Realty

    (401) 316-6051

    2 in this area

    50 Total Sales

    Dave Huberman
    Section Image
  • Dina Karousos

    Buyer's Agent in 2018

    Dina Karousos

    Gustave White Sotheby's Realty

    (401) 849-3000

    3 in this area

    220 Total Sales

    Dina Karousos
    Section Image
  • Barbara O'Reilly

    Seller's Agent in 2016

    Barbara O'Reilly

    Hogan Associates Christie's

    (401) 662-1962

    1 in this area

    17 Total Sales

    Barbara O'Reilly
    Section Image
  • Jack McVicker

    Buyer's Agent in 2016

    Jack McVicker

    RE/MAX Profnl. Newport, Inc.

    (401) 829-1601

    22 Total Sales

    Jack McVicker
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1157684

State-Wide MLS

APN: NEWP-000030-000000-000072

Rhode Island Newport County Newport 02840 Old Beach

183 Old Beach Rd, Newport, RI

This home is located at 183 Old Beach Rd, Newport, RI 02840 since 25 April 2017 and is currently estimated at $4,200,375, approximately $880 per square foot. This property was built in 2017. 183 Old Beach Rd is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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