NOT LISTED FOR SALE

310 Ocean Ave Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $8,414,000 - $20,205,788

6 Beds
6.5 Baths
8,179 Sq Ft
$1,750/Sq Ft Est. Value

Sale Details

Date Sold: September 11, 2013

Last sale price $14,000,000 $1,712 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $88,093 / mo

328 Days on Market

Highlights

  • Beach Front
  • Guest House
  • Water Access
  • Marina
  • Golf Course Community
  • In Ground Pool

About This Home

As of September 2013

"WILDACRE" Iconic Oceanfront on Price's Neck Cove. This Dramatic Shingle-style, an Irving Gill/ Frederick Law Olmsted Collaboration has been meticulously restored and includes an Infinity-Edge Pool, Private Dock, Magnificent Gardens and Guest House.

Last Agent to Sell the Property

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942 Listed on: 09/17/2012

Last Buyer's Agent

Dave Huberman

Gustave White Sotheby's Realty License #RES.0031635

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $66,557

Year Built

  • Built in 1902

Lot Details

  • 2.49 Acre Lot
  • Beach Front
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Property is zoned R120

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Antique Architecture
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Skylights
  • 5 Fireplaces
  • Thermal Windows
  • Sauna
  • Water Views
  • Permanent Attic Stairs

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Security System Owned
  • Intercom
  • Storm Windows

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Mooring
  • Patio
  • Outbuilding
  • Outdoor Grill
  • Porch

Utilities

  • Humidifier
  • Central Air
  • Heating System Uses Oil
  • Radiant Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Power Generator
  • Oil Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 310OCEANAVNEWP

Community Details

Overview

  • Oceandr/Pricesneckcove Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$66,557

Year Built

Built in 1902

Lot Details

2.49 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.49
  • Subdivision Name: OCEANDR/PRICESNECKCOVE
  • Above Grade Finished Sq Ft: 7871.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1902
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Sauna
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer, Humidifier
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Below Grade Sq Ft: 308.0
  • Fireplace Features: Tile
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Wet Bar, Permanent Attic Stairs, Skylights, Elevator, Jetted Tub, Cable TV
  • Living Area: 8179.0
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows

Exterior Features

  • Lot Features: Private, Secluded, Sprinkler System
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Mooring, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Barbecue, Sprinkler/Irrigation
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Patio, Porch

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Connected, Other, Private Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 108464.0
  • Parcel #: 310OCEANAVNEWP
  • Zoning: R120

Tax Info

  • Tax Annual Amount: 66557.0
  • Tax Lot: 16
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2012
Closed on
Sep 12, 2013
Sold by
Dorrance H Hamilton and Dorrance Hamilton
Bought by
Ocean 310 Llc
Seller's Agent
Michelle Kirby
Gustave White Sotheby's Realty
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$15,750,000
Sold Price
$14,000,000
Premium/Discount to List
-$1,750,000
-11.11%
Current Estimated Value
$14,309,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,894
Avg. Annual Appreciation
0.17%
Original Mortgage
$9,990,000
Outstanding Balance
$2,087,143
Interest Rate
4.42%
Estimated Equity
$12,222,751

Purchase Details

Closed on
Nov 6, 1998
Sold by
Sa Spuria
Bought by
Hamilton Dorrance and Duprey Margaret H

Purchase Details

Closed on
Mar 5, 1998
Sold by
Bove Family Lp
Bought by
Spuria Sa
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Ocean 310 Llc $14,000,000 --
Hamilton Dorrance $3,725,000 --
Spuria Sa $2,850,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Spuria Sa $9,990,000
Closed Spuria Sa $9,990,000
Previous Owner Spuria Sa $430,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2013 09/11/13 Sold $14,000,000 -11.1% $1,712 / Sq Ft
08/12/2013 08/12/13 Pending -- -- --
09/17/2012 09/17/12 For Sale $15,750,000 -- $1,926 / Sq Ft
Source: State-Wide MLS

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 $141,327 $16,265,000 $7,284,200 $8,980,800
2024 $134,024 $16,304,600 $7,284,200 $9,020,400
2023 $115,084 $11,601,200 $4,749,900 $6,851,300
2022 $116,005 $12,071,300 $5,220,000 $6,851,300
2021 $112,625 $12,071,300 $5,220,000 $6,851,300
2020 $111,645 $10,860,400 $4,936,500 $5,923,900
2019 $111,645 $10,860,400 $4,936,500 $5,923,900
2018 $108,495 $10,860,400 $4,936,500 $5,923,900
2017 $112,676 $10,051,400 $4,467,300 $5,584,100
2016 $109,862 $10,051,400 $4,467,300 $5,584,100
2015 $107,248 $10,051,400 $4,467,300 $5,584,100
2014 $72,314 $5,996,200 $3,406,300 $2,589,900
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michelle Kirby

    Gustave White Sotheby's Realty

    (401) 848-6714

    8 in this area

    48 Total Sales

    Michelle Kirby
    Section Image
  • Dave Huberman

    Buyer's Agent in 2013

    Dave Huberman

    Gustave White Sotheby's Realty

    (401) 316-6051

    4 in this area

    40 Total Sales

    Dave Huberman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1025914

State-Wide MLS

APN: NEWP-000043-000000-000016

Rhode Island Newport County Newport 02840 Ocean Drive

310 Ocean Ave, Newport, RI

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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