183 Old Beach Rd Newport, RI 02840
Old Beach Neighborhood
5
Beds
6.5
Baths
4,770
Sq Ft
0.4
Acres
Highlights
- Marina
- Beach Access
- Under Construction
- Water Views
- Golf Course Community
- Cathedral Ceiling
About This Home
As of April 2018Brand 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
Gustave White Sotheby's Realty License #RES.0031635 Listed on: 04/25/2017
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
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
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
$3,799,435
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
16.48%
Original Mortgage
$880,000
Interest Rate
3.58%
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 | -- | -- | |
| Warranty Deed | $725,000 | -- | |
| Warranty Deed | $1,100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $750,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,588,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,588,000 | Purchase Money Mortgage | |
| Previous Owner | $880,000 | Purchase Money Mortgage |
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
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
51 Total Sales
-
Dina Karousos
Buyer's Agent in 2018
Dina Karousos
Gustave White Sotheby's Realty
(401) 849-3000
3 in this area
216 Total Sales
-
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
-
Jack McVicker
Buyer's Agent in 2016
Jack McVicker
RE/MAX Profnl. Newport, Inc.
(401) 829-1601
22 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1157684
APN: NEWP-000030-000000-000072
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