NOT LISTED FOR SALE

Estimated Value: $3,812,000 - $5,253,000

5 Beds
3.5 Baths
5,844 Sq Ft
$795/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $3,400,000 $582 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $29,349/month

113 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Solar Power System
  • Water Views
  • In Ground Pool
  • Deck

About This Home

As of August 2020

202 Indian Avenue sits on a crest overlooking Third Beach, with water views to the south and east, bucolic pastures and spectacular sunsets to the west. Built in 2008, this airy sanctuary was designed to marry a contemporary building with the serene landscape that inspired 19th-century painters. No expense was spared to achieve sophistication in conjunction with livability, comfort, and flow. Upon entering the house, one immediately steps into a larger world, as earth, sea, and sky stretch away in every visible direction through floor-to-ceiling windows and sliding doors. Elegant simplicity defines the interior, combining modern and traditional materials to create a cozy yet substantial home where one can entertain grandly or live quietly. The cruciform floor plan, in which the living, dining, sun room, and guest suite emanate from a central kitchen, offers lots of living space while maintaining a quality of intimacy in each area. Upstairs, 3 unique wings include a master suite with 17’ ceilings and a private balcony, and a versatile light-infused artist’s studio. The heated pool, outdoor fireplace, gardens, decks, and multiple balconies make it effortless to commune with nature at every turn. Behind the scenes, thoughtful planning in hand with modern engineering and design embrace energy independence and resource conservation. This glorious home is close to all the cultural treasures of Newport, and at the same time it is a private oasis of beauty and tranquility.

Last Agent to Sell the Property

David Abbott

Residential Properties Ltd. License #RES.0028945 Listed on: 04/06/2020

Residential Properties Ltd.

Co-Listed By

Sarah Wheaton

Residential Properties Ltd. License #RES.0030202

Last Buyer's Agent

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,415

Year Built

  • Built in 2008

Lot Details

  • 1 Acre Lot
  • Property is zoned R 40

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Dry Bar
  • Cathedral Ceiling
  • Skylights
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Security System Owned
  • Storm Windows

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation
  • Solar Power System
  • Energy-Efficient Hot Water Distribution

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Balcony
  • Deck
  • Screened Patio
  • Outbuilding
  • Breezeway
  • Outdoor Grill
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • 200+ Amp Service
  • Power Generator
  • Private Water Source
  • Well
  • High-Efficiency Water Heater
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 202INDIANAVMDLT

Community Details

Recreation

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

Additional Features

  • Indian Avenue Third Beach Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,415

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9991
  • Co List Office Mls Id: RESI
  • Co List Office Phone: 401-274-6740
  • Subdivision Name: Indian Avenue Third Beach
  • Above Grade Finished Sq Ft: 4877.0
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Insulation, Water Heater, Windows
  • Green Power: Solar
  • Building Stories: 3
  • Year Built: 2008
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 967.0
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other
  • Interior Amenities: Cathedral Ceiling(s), Dry Bar, Skylights, Central Vacuum
  • Living Area: 5844.0
  • Dining Room Type: Game Room, Storage Room, Utility Room, Workshop
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Builder

Exterior Features

  • Pool Features: In Ground
  • View: Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Balcony, Breezeway, Deck, Barbecue
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Balcony, Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Hydro Air, Oil, Radiant, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43522.0
  • Parcel #: 202INDIANAVMDLT
  • Zoning: R 40
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Water Conservation: Efficient Hot Water Distribution, Low-Flow Fixtures

Tax Info

  • Tax Annual Amount: 23415.4
  • Tax Lot: 21
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2022
Sold by
Timken Jane M
Bought by
Jane M Timken T
Current Estimated Value
$4,648,078

Purchase Details

Listed on
Apr 6, 2020
Closed on
Aug 28, 2020
Sold by
Fradin Elizabeth
Bought by
Timken Jane M
Seller's Agent
David Abbott
Residential Properties Ltd.
Buyer's Agent
Michelle Kirby
Gustave White Sotheby's Realty
List Price
$3,700,000
Sold Price
$3,400,000
Premium/Discount to List
-$300,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%

Purchase Details

Closed on
Jan 5, 2016
Sold by
Fradin Elizabeth and Fradin Charles
Bought by
Fradin Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.65%
Source: Public Records

Range of Values:

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Average Value
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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
Jane M Timken T -- None Available
Timken Jane M $3,400,000 None Available
Fradin Elizabeth -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glorieux John $50,000
Previous Owner Glorieux John $1,000,000
Previous Owner Glorieux John $10,000
Previous Owner Glorieux John $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $3,400,000 -8.1% $582 / Sq Ft
07/29/2020 07/29/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $3,700,000 -- $633 / 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 $44,141 $3,920,200 $1,952,000 $1,968,200
2023 $40,113 $3,186,100 $996,800 $2,189,300
2022 $38,297 $3,186,100 $996,800 $2,189,300
2021 $38,297 $3,186,100 $996,800 $2,189,300
2020 $23,415 $1,701,700 $1,094,900 $606,800
2018 $23,398 $1,701,700 $1,094,900 $606,800
2016 $22,330 $1,448,100 $909,700 $538,400
2015 $21,779 $1,448,100 $909,700 $538,400
2014 $18,813 $1,170,700 $583,900 $586,800
2013 $18,392 $1,170,700 $583,900 $586,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1251060

State-Wide MLS

APN: MIDD-000130-000000-000021