NOT LISTED FOR SALE

28 Gammell Rd Newport, RI 02840

Bellevue Avenue and Estates Neighborhood

Estimated Value: $4,829,000 - $6,708,000

14 Beds
8 Baths
8,503 Sq Ft
$690/Sq Ft Est. Value

About This Home

This home is located at 28 Gammell Rd, Newport, RI 02840 and is currently estimated at $5,868,953, approximately $690 per square foot. 28 Gammell Rd 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Faxon Lodge Llc
Bought by
Schorsch Nicholas S and Schorsch Shelley D
Current Estimated Value
$5,514,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,600,000
Outstanding Balance
$9,161,995
Interest Rate
6.12%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
-$2,522,259

Purchase Details

Closed on
Apr 1, 2008
Sold by
Heydt William R
Bought by
Salve Regina Universit
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Schorsch Nicholas S -- None Available
Schorsch Nicholas S -- None Available
Salve Regina Universit $2,650,000 --
Salve Regina Universit $2,650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schorsch Nicholas S $9,600,000
Closed Schorsch Nicholas S $9,600,000
Previous Owner Faxon Lodge Llc $5,760,000
Previous Owner Faxon Lodge Llc $4,125,000
Previous Owner Heydt William R $500,000
Source: Public Records

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 $59,213 $7,203,500 $3,034,200 $4,169,300
2023 $51,512 $5,192,700 $1,548,800 $3,643,900
2022 $37,516 $3,903,900 $1,548,800 $2,355,100
2021 $35,267 $3,780,000 $1,548,800 $2,231,200
2020 $39,031 $3,796,800 $1,452,600 $2,344,200
2019 $39,031 $3,796,800 $1,452,600 $2,344,200
2018 $56,600 $5,665,700 $1,496,000 $4,169,700
2017 $28,675 $2,558,000 $1,012,700 $1,545,300
2016 $27,959 $2,558,000 $1,012,700 $1,545,300
2015 -- $2,558,000 $1,012,700 $1,545,300
2014 -- $2,281,400 $959,300 $1,322,100
Source: Public Records

Map

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

28 Gammell Rd, Newport, RI

This home is located at 28 Gammell Rd, Newport, RI 02840 and is currently estimated at $5,868,953, approximately $690 per square foot. 28 Gammell Rd 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.

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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