4 Chartier Cir Newport, RI 02840
Ocean Drive NeighborhoodEstimated Value: $5,186,000 - $6,667,000
4
Beds
5.5
Baths
5,000
Sq Ft
$1,249/Sq Ft
Est. Value
Highlights
- Marina
- Beach Access
- Home Theater
- Water Views
- Golf Course Community
- Contemporary Architecture
About This Home
As of May 2023Incredibly rare opportunity to own in one of Rhode Island's most exclusive neighborhoods. Brand new construction home with deeded rights to Collins Beach, featuring stunning views of the Atlantic Ocean. Just around the corner from the iconic Castle Hill Inn and down the road from Newport Country Club, this 4-5 bed, 5.1 bath home offers the modern amenities you expect, while preserving a rich, New England charm. A wide open floor plan offers a contemporary living style, complete with stunning marble accents an oversized fireplace, and first floor en suite bedroom. The second floor features 3 en suite bedrooms, featuring the primary bedroom with terrace, boasting sparkling views of the water. The third floor space could serve as an additional master, guest area, or incredible game room/lounge, again highlighted by remarkable views of the Atlantic. With wired speakers throughout the home, plus the additional living area/media room in the lower level, this home is ready to entertain all of your family and guests for many Rhode Island summers to come. Ready for immediate occupancy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,949
Year Built
- Built in 2023
Lot Details
- 0.46 Acre Lot
Parking
- 3 Car Attached Garage
Home Design
- Contemporary Architecture
- Wood Siding
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 3-Story Property
- Wet Bar
- Cathedral Ceiling
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Thermal Windows
- Home Theater
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Marble
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Beach Access
- Walking Distance to Water
- Balcony
- Patio
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- 200+ Amp Service
- Tankless Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 106
- Assessor Parcel Number 4CHARTIERCIRNEWP
Community Details
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Additional Features
- Castle Hill Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2023
Closed on
May 4, 2023
Sold by
Ocean View Builders Llc
Bought by
Cohen Rosen Ret and Cohen
Seller's Agent
Justin Mandese
Real Broker, LLC
Buyer's Agent
Nicole Carstensen
Mott & Chace Sotheby's Intl.
List Price
$5,950,000
Sold Price
$5,500,000
Premium/Discount to List
-$450,000
-7.56%
Total Days on Market
38
Views
311
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,449
Avg. Annual Appreciation
7.54%
Purchase Details
Listed on
Aug 21, 2020
Closed on
Oct 8, 2020
Sold by
4 Chartier Circle Llc
Bought by
Ocean View Builders Llc
Seller's Agent
Elena Wilcox
Gustave White Sotheby's Realty
Buyer's Agent
Elena Wilcox
Lila Delman Real Estate
List Price
$1,189,000
Sold Price
$1,225,000
Premium/Discount to List
$36,000
3.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.38%
Original Mortgage
$2,360,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2017
Sold by
Delmonico Marc P and Delmonico Barbara A
Bought by
4 Chartier Circle Llc
Purchase Details
Closed on
Oct 15, 1999
Sold by
Hellquist Charles E and Hellquist Gail E
Bought by
Delmonico Marc P and Delmonico Barbara
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.8%
Mortgage Type
Purchase Money Mortgage
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cohen Rosen Ret | $5,500,000 | None Available | |
| Ocean View Builders Llc | $1,225,000 | None Available | |
| 4 Chartier Circle Llc | -- | -- | |
| Delmonico Marc P | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ocean View Builders Llc | $2,360,000 | |
| Previous Owner | 4 Chartier Circle Llc | $650,000 | |
| Previous Owner | Delmonico Marc P | $202,595 | |
| Previous Owner | Delmonico Marc P | $230,000 | |
| Previous Owner | Delmonico Marc P | $232,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $5,500,000 | -7.6% | $1,100 / Sq Ft |
| 04/18/2023 04/18/23 | Pending | -- | -- | -- |
| 03/10/2023 03/10/23 | For Sale | $5,950,000 | +385.7% | $1,190 / Sq Ft |
| 10/09/2020 10/09/20 | Sold | $1,225,000 | +3.0% | $624 / Sq Ft |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- |
| 08/21/2020 08/21/20 | For Sale | $1,189,000 | -- | $606 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $45,702 | $5,559,800 | $1,973,300 | $3,586,500 |
| 2023 | $28,619 | $2,885,000 | $937,300 | $1,947,700 |
| 2022 | $11,277 | $1,173,500 | $718,600 | $454,900 |
| 2021 | $10,881 | $1,166,200 | $718,600 | $447,600 |
| 2020 | $8,690 | $845,300 | $601,700 | $243,600 |
| 2019 | $8,690 | $845,300 | $601,700 | $243,600 |
| 2018 | $8,445 | $845,300 | $601,700 | $243,600 |
| 2017 | $8,854 | $789,800 | $507,200 | $282,600 |
| 2016 | $8,633 | $789,800 | $507,200 | $282,600 |
| 2015 | $8,427 | $789,800 | $507,200 | $282,600 |
| 2014 | $7,436 | $616,600 | $317,000 | $299,600 |
Source: Public Records
Agents Affiliated with this Home
-
Justin Mandese
J
Seller's Agent in 2023
Justin Mandese
Real Broker, LLC
(401) 465-8056
1 in this area
55 Total Sales
-
Nicole Carstensen
Buyer's Agent in 2023
Nicole Carstensen
Mott & Chace Sotheby's Intl.
(401) 633-5968
1 in this area
32 Total Sales
-
Elena Wilcox
Seller's Agent in 2020
Elena Wilcox
Gustave White Sotheby's Realty
(401) 662-0604
2 in this area
34 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1331195
APN: NEWP-000044-000000-000106
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