NOT LISTED FOR SALE

2 Atlantic Ave Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $3,738,000 - $4,889,117

4 Beds
4 Baths
4,700 Sq Ft
$916/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $1,585,000 $337 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $26,388/month

46 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Deck
  • Water Views
  • Spa
  • Contemporary Architecture

About This Home

As of June 2014

SUNNY AIRY 4BD / 4BTH w OFFICE & BONUS ROOM, CASTLE HILL CONTEMPORARY, 1 ACRE CORNER LOT, 1 MIN WALK TO OCEAN. OPEN PLAN, GREAT ROOM, 2 OCEANVIEW DECKS, 2 FP'S, 1ST FLR GST SUITE, CENTRAL AIR. DRY, HIGH CEILING BASEMENT. LOCATION + QUALITY = LOVE!!

Last Agent to Sell the Property

Elizabeth Marchi

Lila Delman Compass License #RES.0033602 Listed on: 03/31/2014

Co-Listed By

Kate Leonard

Lila Delman Compass License #RES.0031901

Last Buyer's Agent

Thomas Long

RE/MAX Profnl. Newport, Inc. License #RES.0034798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,246

Year Built

  • Built in 1996

Lot Details

  • 0.99 Acre Lot
  • Corner Lot
  • Wooded Lot
  • Property is zoned R160

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 4,700 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Accessible Home Design

  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Balcony
  • Deck
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 157
  • Assessor Parcel Number 2ATLANTICAVNEWP

Community Details

Overview

  • Castle Hill, Ocean Dr Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,246

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9899
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: CASTLE HILL, OCEAN DR
  • Above Grade Finished Sq Ft: 4700.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1996
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Other Equipment: Satellite Dish
  • Accessibility Features: Accessibility Features, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Marble, Stone, Tile
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Attic, Cathedral Ceiling(s), Skylights, Central Vacuum, Cable TV
  • Living Area: 4700.0
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Masonry, Wood Siding
  • Exterior Features: Balcony, Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, 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: 2.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 43120.0
  • Parcel #: 2ATLANTICAVNEWP
  • Zoning: R160
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15246.0
  • Tax Lot: 157
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2014
Closed on
Jun 17, 2014
Sold by
Gt 2 Group Llc
Bought by
Sanjeev K Bansal T
Seller's Agent
Elizabeth Marchi
Lila Delman Compass
Buyer's Agent
Thomas Long
RE/MAX Profnl. Newport, Inc.
List Price
$1,799,999
Sold Price
$1,585,000
Premium/Discount to List
-$214,999
-11.94%
Current Estimated Value
$4,436,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,851,691
Avg. Annual Appreciation
9.42%
Source: Public Records

Range of Values:

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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
Sanjeev K Bansal T $1,582,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Janson Joseph P $1,322,750
Previous Owner Janson Joseph P $999,999
Previous Owner Janson Joseph P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $1,585,000 -11.9% $337 / Sq Ft
05/17/2014 05/17/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $1,799,999 -- $383 / 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 $26,572 $3,232,600 $1,634,600 $1,598,000
2023 $18,682 $1,883,300 $776,400 $1,106,900
2022 $18,099 $1,883,300 $776,400 $1,106,900
2021 $17,571 $1,883,300 $776,400 $1,106,900
2020 $17,887 $1,740,000 $723,500 $1,016,500
2019 $17,887 $1,740,000 $723,500 $1,016,500
2018 $17,383 $1,740,000 $723,500 $1,016,500
2017 $17,219 $1,536,000 $587,900 $948,100
2016 $16,788 $1,536,000 $587,900 $948,100
2015 $16,389 $1,536,000 $587,900 $948,100
2014 $15,702 $1,302,000 $422,600 $879,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2014

    Elizabeth Marchi

    Lila Delman Compass

  • K

    Seller Co-Listing Agent in 2014

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    6 in this area

    37 Total Sales

    Section Image

  • T

    Buyer's Agent in 2014

    Thomas Long

    RE/MAX Profnl. Newport, Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1063500

State-Wide MLS

APN: NEWP-000044-000000-000157

Rhode Island Newport County Newport 02840 Ocean Drive

2 Atlantic Ave, Newport, RI

This home is located at 2 Atlantic Ave, Newport, RI 02840 since 31 March 2014 and is currently estimated at $4,303,779, approximately $915 per square foot. This property was built in 1996. 2 Atlantic Ave is a home located in Newport County with nearby schools including Rogers High School.

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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