NOT LISTED FOR SALE

23 Hammersmith Rd Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $3,772,000 - $4,946,000

3 Beds
2 Baths
6,217 Sq Ft
$708/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $1,600,000 $257 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $25,912/month

Highlights

  • 1.21 Acre Lot
  • Wood Flooring
  • Hot Water Heating System
  • Antique Architecture
  • 8 Car Attached Garage

About This Home

As of February 2016

Entered for comp purposes only. Historic McKim Mead & White carriage house in need of complete interior renovation. New Alaskan yellow cedar roof, and new 3 bedroom septic system. Recent subdivision approval. Taxes to be determined.

Last Agent to Sell the Property

Kathleen Greenman

Gustave White Sotheby's Realty License #RES.0014874 Listed on: 02/26/2016

Gustave White Sotheby's Realty

Co-Listed By

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942

Last Buyer's Agent

Gloria Dunn

Gustave White Sotheby's Realty License #RES.0028869

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,980

Year Built

  • Built in 1887

Lot Details

  • 1.21 Acre Lot
  • Property is zoned R-160

Parking

  • 8 Car Attached Garage

Home Design

  • Antique Architecture
  • Stone Foundation
  • Masonry

Interior Spaces

  • 6,217 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Private Sewer

Community Details

  • Ocean Drive Subdivision

Listing and Financial Details

  • Tax Lot 76
  • Assessor Parcel Number 23HAMMERSMITHRDNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,980

Year Built

Built in 1887

Lot Details

0

Parking

8

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.208
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: OCEAN DRIVE
  • Above Grade Finished Sq Ft: 6217.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1887
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Living Area: 6217.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Masonry
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 8.0
  • Garage Spaces: 8.0
  • Parking Features: Built In
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Other, Private Sewer
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 52621.0
  • Parcel #: 23HAMMERSMITHRDNEWP
  • Zoning: R-160
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 76
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2016
Closed on
Feb 26, 2016
Sold by
Wild Moor Llc
Bought by
Kempenaar Linda C
Seller's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
Buyer's Agent
Gloria Dunn
Gustave White Sotheby's Realty
List Price
$1,900,000
Sold Price
$1,600,000
Premium/Discount to List
-$300,000
-15.79%
Current Estimated Value
$4,398,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,798,861
Avg. Annual Appreciation
11.10%
Original Mortgage
$121,000
Outstanding Balance
$96,621
Interest Rate
3.92%
Estimated Equity
$4,302,240
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
Kempenaar Linda C $1,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kempenaar Linda C $121,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2016 02/26/16 Sold $1,600,000 -15.8% $257 / Sq Ft
02/26/2016 02/26/16 For Sale $1,900,000 -- $306 / 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
2025 $29,980 $3,450,300 $1,978,200 $1,472,100
2024 $28,361 $3,450,300 $1,978,200 $1,472,100
2023 $22,238 $2,241,700 $1,234,600 $1,007,100
2022 $21,543 $2,241,700 $1,234,600 $1,007,100
2021 $20,915 $2,241,700 $1,234,600 $1,007,100
2020 $21,122 $2,054,700 $1,283,000 $771,700
2019 $21,122 $2,054,700 $1,283,000 $771,700
2018 $20,526 $2,054,700 $1,283,000 $771,700
2017 $18,956 $1,691,000 $989,000 $702,000
2016 $17,233 $1,576,700 $989,000 $587,700
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Greenman

    Seller's Agent in 2016

    Kathleen Greenman

    Gustave White Sotheby's Realty

    (401) 848-6727

    12 in this area

    75 Total Sales

    Kathleen Greenman
    Section Image

  • M

    Seller Co-Listing Agent in 2016

    Michelle Kirby

    Gustave White Sotheby's Realty

    (401) 848-6714

    9 in this area

    54 Total Sales

    Michelle Kirby
    Section Image

  • G

    Buyer's Agent in 2016

    Gloria Dunn

    Gustave White Sotheby's Realty

    19 Total Sales

    Gloria Dunn
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1118692

State-Wide MLS

APN: NEWP-000043-000000-000076

Rhode Island Newport County Newport 02840 Ocean Drive

23 Hammersmith Rd, Newport, RI

This home is located at 23 Hammersmith Rd, Newport, RI 02840 since 26 February 2016 and is currently estimated at $4,398,861, approximately $707 per square foot. This property was built in 1887. 23 Hammersmith Rd is a home located in Newport County with nearby schools including Rogers High School and St Michael's Country Day School.

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