NOT LISTED FOR SALE

28 Ledge Rd Newport, RI 02840

Bellevue Avenue and Estates Neighborhood

Estimated Value: $3,250,000 - $5,624,000

2 Beds
3.5 Baths
3,028 Sq Ft
$1,439/Sq Ft Est. Value

Last Sold March 31, 2017

Last sale price $2,100,000 $694 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $26,521/month

13 Days on Market

Highlights

  • 1.1 Acre Lot
  • Wood Flooring
  • Tennis Courts
  • Cathedral Ceiling
  • Attic
  • 3-minute walk to The Cliff Walk

About This Home

As of March 2017

A gardeners delight!Located just off the southern end of famed Bellevue Avenue one block from the beach and Cliff Walk, this 1960's custom designed house includes a 2 story 700 square foot artist studio and an attached greenhouse. Perfectly sited on an acre plus of beautifully manicured grounds, the property features a profusion of specimen trees and plantings.

Last Agent to Sell the Property

Virginia Baldwin

Gustave White Sotheby's Realty License #RES.0014239 Listed on: 02/15/2017

Gustave White Sotheby's Realty

Co-Listed By

Gloria Dunn

Gustave White Sotheby's Realty License #RES.0028869

Last Buyer's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,562

Year Built

  • Built in 1962

Lot Details

  • 1.1 Acre Lot
  • Property is zoned R-60

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 3,028 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Marble Fireplace
  • Thermal Windows
  • Wood Flooring
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Power Generator
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 87
  • Assessor Parcel Number 28LedgeRDNEWP

Community Details

Overview

  • Bellevue Ocean Drive Subdivision

Recreation

  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,562

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 1.1
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: Bellevue Ocean Drive
  • Above Grade Finished Sq Ft: 3028.0
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1962
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Other
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Tub Shower, Cable TV
  • Living Area: 3028.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Brick, Clapboard
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Patio, Porch

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: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 28LedgeRDNEWP
  • Zoning: R-60
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Walkability

Tax Info

  • Tax Annual Amount: 16562.0
  • Tax Lot: 87
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2017
Closed on
Mar 31, 2017
Sold by
Stephen Ineko I
Bought by
Durkin Dennis M and Durkin Choquette-Durkin M
Seller's Agent
Virginia Baldwin
Gustave White Sotheby's Realty
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$2,395,000
Sold Price
$2,100,000
Premium/Discount to List
-$295,000
-12.32%
Current Estimated Value
$4,357,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,257,328
Avg. Annual Appreciation
8.75%

Purchase Details

Closed on
Apr 14, 2015
Sold by
Stephan Ineko I
Bought by
Ineko Stephan T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Durkin Dennis M $2,100,000 --
Ineko Stephan T -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $2,100,000 -12.3% $694 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
02/15/2017 02/15/17 For Sale $2,395,000 -- $791 / 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 $44,028 $5,067,100 $1,456,000 $3,611,100
2024 $41,652 $5,067,100 $1,456,000 $3,611,100
2023 $33,711 $3,398,300 $949,100 $2,449,200
2022 $32,718 $3,404,600 $955,400 $2,449,200
2021 $31,765 $3,404,600 $955,400 $2,449,200
2020 $19,784 $1,924,500 $898,700 $1,025,800
2019 $18,834 $1,832,100 $898,700 $933,400
2018 $20,634 $2,065,500 $898,700 $1,166,800
2017 $16,987 $1,515,300 $793,400 $721,900
2016 $16,562 $1,515,300 $793,400 $721,900
2015 $16,168 $1,515,300 $793,400 $721,900
2014 $13,928 $1,154,900 $495,900 $659,000
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2017

    Virginia Baldwin

    Gustave White Sotheby's Realty

    Section Image

  • G

    Seller Co-Listing Agent in 2017

    Gloria Dunn

    Gustave White Sotheby's Realty

    18 Total Sales

    Gloria Dunn
    Section Image
  • Edith Cushing

    Buyer's Agent in 2017

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6750

    8 in this area

    42 Total Sales

    Edith Cushing
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1150756

State-Wide MLS

APN: NEWP-000038-000000-000087

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

28 Ledge Rd, Newport, RI

Not Listed for Sale

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