NOT LISTED FOR SALE

Estimated Value: $4,249,000 - $4,806,595

6 Beds
4.5 Baths
5,500 Sq Ft
$820/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $3,078,500 $560 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $25,969/month

190 Days on Market

Highlights

  • Marina
  • Water Views
  • Water Access
  • Melrose Avenue School Rated A-
  • Golf Course Community
  • 1-minute walk to Fort Wetherill State Park

About This Home

As of September 2020

*Channel Bells* Enjoy stunning panoramic views of the Atlantic Ocean, Newport Bridge and Harbor as well as the rocky cliffs of Ft Wetherill from this iconic, much loved Jamestown estate, beautifully sited on 2.5 private, elevated acres. Enjoy gentle ocean breezes and crashing waves from wraparound porch while watching the endless parade of sailboats, cruise ships and ocean-going vessels in the bustling and scenic Narragansett Bay. At night, the sky is a blanket of stars accented by firework displays of Newport and beyond. Enjoy front row seating to all major Newport sailing events including America's Cup World Series, Volvo Ocean Race, Tall Ships and countless local yacht club sponsored regattas. Named for the musical sounding channel markers nearby, this late 19th C. Bevins designed shingle style classic has been thoroughly and sensitively renovated, upgraded and expanded. Featured in many books and publications, much of the interior stays true to the period with gorgeous restored woodwork details, oversized widows for views from all rooms, 4 fireplaces and an amazing center hall staircase while offering a bright and spacious chef's kitchen, music room with soaring ceilings master bath with turreted ocean view hot tub. Six bedrooms, four and one half baths will accommodate family and friends that are sure to visit! Located in the desirable "Dumplings" area, this special seaside home is a short walk to beach and yacht moorings and includes lovely coastal gardens, tennis court

Last Agent to Sell the Property

Judith Chace

Mott & Chace Sotheby's Intl. License #REC.0016122 Listed on: 02/01/2020

Mott & Chace Sotheby's Intl.

Co-Listed By

Erin Marsh

Mott & Chace Sotheby's Intl. License #RES.0040378

Last Buyer's Agent

Caroline Richards

Hogan Associates Christie's License #RES.0035858

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,583

Year Built

  • Built in 1888

Lot Details

  • 2.49 Acre Lot
  • Sprinkler System
  • Property is zoned R80

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Victorian Architecture
  • Cottage
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • 4 Fireplaces
  • Fireplace Features Masonry
  • Thermal Windows
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Partial Basement

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Tennis Courts
  • Balcony
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 27NEWPORTSTJAME

Community Details

Recreation

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

Additional Features

  • The Dumplings Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,583

Year Built

Built in 1888

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.49
  • Co List Office Mls Id: MOCH03
  • Co List Office Phone: 401-789-8899
  • Subdivision Name: The Dumplings
  • Above Grade Finished Sq Ft: 4750.0
  • Architectural Style: Cabin/Cottage, Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1888
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood
  • Has Basement: Partial, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 750.0
  • Fireplace Features: Masonry
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 5500.0
  • Dining Room Type: Game Room, Storage Room, Utility Room, Workshop
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Sprinkler System
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Porch, Sprinkler/Irrigation, Paved Driveway, Tennis Court(s)
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities, Water Available
  • Water Source: Not Connected, Public, 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: 108464.0
  • Parcel #: 27NEWPORTSTJAME
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 17583.0
  • Tax Lot: 30
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
27 Newport Street Llc
Bought by
Kemp Lawrence and Kemp Patricia F
Current Estimated Value
$4,508,198

Purchase Details

Listed on
Feb 1, 2020
Closed on
Sep 6, 2020
Sold by
Gerald B Bay T B and Gerald Bay
Bought by
27 Newport Street Llc
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Caroline Richards
Hogan Associates Christie's
List Price
$3,250,000
Sold Price
$3,078,500
Premium/Discount to List
-$171,500
-5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%

Purchase Details

Closed on
Apr 29, 2013
Sold by
Bay Gerald B
Bought by
Gerald B Bay T B and Gerald Bay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
3.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 6, 1994
Sold by
Barrett John Telfer and Barrett Jane
Bought by
Bay Gerald B
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
Kemp Lawrence -- None Available
27 Newport Street Llc $3,078,500 None Available
Gerald B Bay T B -- --
Bay Gerald B $760,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bay Gerald B $732,000
Previous Owner Bay Gerald B $740,000
Previous Owner Bay Gerald B $743,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $3,078,500 -5.3% $560 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
02/01/2020 02/01/20 For Sale $3,250,000 -- $591 / 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 $19,135 $3,392,700 $2,345,000 $1,047,700
2024 $21,375 $2,981,200 $1,974,000 $1,007,200
2023 $20,815 $2,982,100 $1,974,000 $1,008,100
2022 $19,925 $2,934,400 $1,926,300 $1,008,100
2021 $18,086 $2,184,300 $944,300 $1,240,000
2020 $17,627 $2,184,300 $944,300 $1,240,000
2019 $17,584 $2,184,300 $944,300 $1,240,000
2018 $18,158 $2,051,800 $796,400 $1,255,400
2017 $17,769 $2,051,800 $796,400 $1,255,400
2016 $17,604 $2,051,800 $796,400 $1,255,400
2015 $19,990 $2,276,800 $883,200 $1,393,600
2014 $19,922 $2,276,800 $883,200 $1,393,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1244984

State-Wide MLS

APN: JAME-000010-000000-000030