NOT LISTED FOR SALE

225 Ruggles Ave Newport, RI 02840

Bellevue Avenue and Estates Neighborhood

Estimated Value: $6,009,000 - $8,133,011

10 Beds
11 Baths
10,530 Sq Ft
$672/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $9,391,635 $892 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $45,637/month

655 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • In Ground Pool
  • Marina
  • Water Access
  • 2.16 Acre Lot

About This Home

As of July 2021

'Honeysuckle Lodge' - c 1886 waterfront Cliff Walk estate designed by renowned architectural firm Peabody & Stearns with 2 acres of grounds originally designed by Frederick Law Olmstead. Impeccably maintained over the years with many recent upgrades including kitchen and inground pool. Separate 4,000 sq ft Carriage house with 2 apts, greenhouse and garage (2br, 2 bth and 3br 1+bth). Gated entrance for security and privacy. Easy access to sandy beach below Cliff Walk.

Last Agent to Sell the Property

Paul Leys

Gustave White Sotheby's Realty License #REC.0013814 Listed on: 09/09/2019

Last Buyer's Agent

Kimberly Doherty

Lila Delman Compass License #RES.0030805

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $70,645

Year Built

  • Built in 1890

Lot Details

  • 2.16 Acre Lot
  • Beach Front
  • Private Lot
  • Secluded Lot
  • Property is zoned R 60

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Antique Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 10,530 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 7 Fireplaces
  • Marble Fireplace
  • Fireplace Features Masonry
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • In Ground Pool
  • Water Access
  • Walking Distance to Water
  • Outbuilding

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 51.6
  • Assessor Parcel Number 225RUGGLESAVNEWP

Community Details

Recreation

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

Additional Features

  • Cliff Walk Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$70,645

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.1579
  • Subdivision Name: Cliff Walk
  • Above Grade Finished Sq Ft: 10530.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1890
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 9
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry, Marble
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Cable TV
  • Living Area: 10530.0
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Waterfront
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone
  • Other Structures: Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 12.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 94000.0
  • Parcel #: 225RUGGLESAVNEWP
  • Zoning: R 60
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 70645.0
  • Tax Lot: 51.6
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2019
Closed on
Jul 26, 2021
Sold by
Honeysuckle Lodge Llc
Bought by
225 Ruggles Llc
Seller's Agent
Paul Leys
Gustave White Sotheby's Realty
Buyer's Agent
Kimberly Doherty
Lila Delman Compass
List Price
$12,900,000
Sold Price
$9,391,635
Premium/Discount to List
-$3,508,365
-27.2%
Current Estimated Value
$7,071,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,320,629
Avg. Annual Appreciation
-0.39%
Original Mortgage
$6,104,500
Outstanding Balance
$5,614,924
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,628,363

Purchase Details

Closed on
Jun 25, 2012
Sold by
Brodsky Carolyn S
Bought by
Honeyscukle Lodge Llc
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
225 Ruggles Llc $9,391,635 None Available
225 Ruggles Llc $9,391,635 None Available
Honeyscukle Lodge Llc -- --
Honeyscukle Lodge Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 225 Ruggles Llc $6,104,500
Closed 225 Ruggles Llc $6,104,500
Previous Owner Brodsky Carolyn S $1,450,000
Previous Owner Brodsky Carolyn S $1,000,000
Previous Owner Brodsky Carolyn S $1,415,561
Previous Owner Brodsky Carolyn S $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $9,391,635 -27.2% $892 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
09/09/2019 09/09/19 For Sale $12,900,000 -- $1,225 / 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 $86,203 $10,487,000 $5,646,300 $4,840,700
2023 $68,363 $6,891,400 $3,723,400 $3,168,000
2022 $65,744 $6,841,200 $3,723,400 $3,117,800
2021 $63,828 $6,841,200 $3,723,400 $3,117,800
2020 $70,645 $6,872,100 $3,248,100 $3,624,000
2019 $70,645 $6,872,100 $3,248,100 $3,624,000
2018 $68,652 $6,872,100 $3,248,100 $3,624,000
2017 $71,638 $6,390,500 $2,895,500 $3,495,000
2016 $78,729 $7,203,000 $3,012,200 $4,190,800
2015 $76,856 $7,203,000 $3,012,200 $4,190,800
2014 $71,113 $5,896,600 $2,289,400 $3,607,200
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Paul Leys

    Gustave White Sotheby's Realty

    (401) 862-6706

    1 in this area

    45 Total Sales

    Paul Leys
    Section Image
  • Kimberly Doherty

    Buyer's Agent in 2021

    Kimberly Doherty

    Lila Delman Compass

    (401) 862-3956

    2 in this area

    28 Total Sales

    Kimberly Doherty
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1234482

State-Wide MLS

APN: NEWP-000036-000051-000006

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

225 Ruggles Ave, Newport, RI

This home is located at 225 Ruggles Ave, Newport, RI 02840 since 09 September 2019 and is currently estimated at $7,071,006, approximately $671 per square foot. This property was built in 1890. 225 Ruggles Ave 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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