NOT LISTED FOR SALE

38 Beacon Hill Rd Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $4,328,000 - $5,127,031

4 Acres
$1,208,669 Price per Acre
174,240 Sq Ft Lot

Last Sold February 03, 2023

Last sale price $3,900,000

Est. 24% increase in value since last sale

Current estimated payment $31,343/month

Highlights

  • Water Views
  • Wooded Lot
  • Level Lot
  • 4 Acre Lot

About This Lot

As of February 2023

Sold before publication. Entered for comp purposes only.

Last Agent to Sell the Property

Eric Kirton

Lila Delman Compass License #REB.0018697 Listed on: 02/03/2023

Last Buyer's Agent

Eric Kirton

Lila Delman Compass License #REB.0018697 Listed on: 02/03/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,281

Lot Details

  • 4 Acre Lot
  • Level Lot
  • Wooded Lot
  • Finished Lot(s)

Property Views

  • Water Views

Listing and Financial Details

  • Tax Lot 411
  • Assessor Parcel Number 38BEACONHILLRDNEWP

Property Details

Property Type

Land

Est. Annual Taxes

$12,281

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 4.0
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Level, Rolling Slope, Wooded
  • Topography: Level,Rolling,Rough
  • View: Saltwater, Water
  • View: Yes

Utilities

  • Utilities: Natural Gas Available, Municipal Utilities, Water Connected
  • Water Source: Public

Lot Info

  • Development Status: Finished Lot(s)
  • Land Lease: No
  • Lot Size Sq Ft: 174240.0
  • Wooded Area: 80.0
  • Parcel #: 38BEACONHILLRDNEWP
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12281.0
  • Tax Lot: 411
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Jan 30, 2023
Sold by
Beacon Hill Road Llc
Bought by
38 Beacon Hill Llc
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$3,900,000
Sold Price
$3,900,000
Current Estimated Value
$4,834,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$934,677
Avg. Annual Appreciation
8.38%

Purchase Details

Listed on
Apr 8, 2021
Closed on
Apr 7, 2021
Sold by
Carrabba Salvatore and Carrabba Alexandra
Bought by
Beacon Hill Road Llc
Seller's Agent
Jessica Chase
Gustave White Sotheby's Realty
Buyer's Agent
Dave Huberman
Gustave White Sotheby's Realty
List Price
$1,695,000
Sold Price
$1,550,000
Premium/Discount to List
-$145,000
-8.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.03%
Original Mortgage
$3,242,478
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
38 Beacon Hill Llc $3,900,000 None Available
38 Beacon Hill Llc $3,900,000 None Available
Beacon Hill Road Llc $1,550,000 None Available
Beacon Hill Road Llc $1,550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beacon Hill Road Llc $3,242,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2023 02/03/23 Sold $3,900,000 0.0% --
02/03/2023 02/03/23 For Sale $3,900,000 +151.6% --
04/08/2021 04/08/21 Sold $1,550,000 -8.6% --
04/08/2021 04/08/21 For Sale $1,695,000 -- --
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 $68,526 $7,886,500 $2,872,800 $5,013,700
2024 $15,744 $1,915,300 $1,915,300 $0
2023 $12,677 $1,277,900 $1,277,900 $0
2022 $12,281 $1,277,900 $1,277,900 $0
2021 $11,923 $1,277,900 $1,277,900 $0
2020 $13,563 $1,319,400 $1,319,400 $0
2019 $13,563 $1,319,400 $1,319,400 $0
2018 $13,181 $1,319,400 $1,319,400 $0
2017 $12,112 $1,080,500 $1,080,500 $0
2016 $11,810 $1,080,500 $1,080,500 $0
2015 $11,529 $1,080,500 $1,080,500 $0
2014 $15,108 $1,252,700 $1,252,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Kirton

    Seller's Agent in 2023

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    7 in this area

    92 Total Sales

    Eric Kirton
    Section Image
  • Jessica Chase

    Seller's Agent in 2021

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    2 in this area

    85 Total Sales

    Jessica Chase
    Section Image
  • Dave Huberman

    Buyer's Agent in 2021

    Dave Huberman

    Gustave White Sotheby's Realty

    (401) 316-6051

    5 in this area

    48 Total Sales

    Dave Huberman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1329114

State-Wide MLS

APN: NEWP-000041-000000-000411

Rhode Island Newport County Newport 02840 Ocean Drive

38 Beacon Hill Rd, Newport, RI

This home is located at 38 Beacon Hill Rd, Newport, RI 02840 since 03 February 2023 and is currently estimated at $4,834,677. 38 Beacon Hill 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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