NOT LISTED FOR SALE

51 Ledge Rd Newport, RI 02840

Bellevue Avenue and Estates Neighborhood

Estimated Value: $823,000 - $3,874,175

1.06 Acres
$2,409,711 Price per Acre
46,174 Sq Ft Lot

Last Sold November 13, 2017

Last sale price $2,002,500

Est. 28% increase in value since last sale

Current estimated payment $13,581/month

121 Days on Market

Highlights

  • Water Views
  • 1.06 Acre Lot
  • Level Lot
  • Beach Access

About This Lot

As of November 2017

Located on a peninsula at the corner of Bellevue Avenue and Ocean Drive, Ledge Road is one most southern points in Newport. With extraordinary ocean views to the south, south east and south west this 1.11 acre parcel offers direct access to the Cliff Walk and both sunset and sunrise views. Only a short walk to Baileys Beach the land is sited among some of the most prestigious homes in Newport and offers a building envelope large enough to construct a significant home. This exceptional property can also be sold together with 55 Ledge Road to create the family compound you have been searching for. Opportunities to acquire a legacy property with direct access to the Cliff Walk, expansive sunrise and sunset ocean views and a walk to a sandy public and private beach do not to come to market often.

Last Agent to Sell the Property

Eric Kirton

Lila Delman Compass License #REB.0018697 Listed on: 06/14/2017

Last Buyer's Agent

Chris West

Gustave White Sotheby's Realty License #REB.0013055

Gustave White Sotheby's Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $25,920

Lot Details

  • 1.06 Acre Lot
  • Level Lot
  • Finished Lot(s)

Property Views

  • Water Views

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water

Utilities

  • Underground Utilities
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 51LedgeRDNEWP

Property Details

Property Type

Land

Est. Annual Taxes

$25,920

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 1.06
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0

Exterior Features

  • Lot Features: Level
  • Topography: Level,Rough
  • View: Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Municipal Utilities, Phone Available, Underground Utilities, Water Connected
  • Water Source: Public

Lot Info

  • Current Use: Residential
  • Development Status: Finished Lot(s)
  • Lot Size Sq Ft: 46174.0
  • Wooded Area: 2.0
  • Parcel #: 51LedgeRDNEWP
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 25920.0
  • Tax Lot: 51
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2004
Sold by
Miele Victoria
Bought by
Claiborne Pell T
Current Estimated Value
$2,554,294
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Claiborne Pell T $493,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2017 11/13/17 Sold $2,002,500 -39.2% --
10/14/2017 10/14/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $3,295,000 -- --
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 $2,217 $255,200 $255,200 $0
2024 $2,098 $255,200 $255,200 $0
2023 $1,652 $166,500 $166,500 $0
2022 $1,964 $204,400 $204,400 $0
2021 $1,907 $204,400 $204,400 $0
2020 $27,638 $2,688,500 $2,688,500 $0
2019 $27,638 $2,688,500 $2,688,500 $0
2018 $26,858 $2,688,500 $2,688,500 $0
2017 $26,585 $2,371,500 $2,371,500 $0
2016 $25,920 $2,371,500 $2,371,500 $0
2015 $25,304 $2,371,500 $2,371,500 $0
2014 $10,427 $864,600 $864,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Kirton

    Seller's Agent in 2017

    Eric Kirton

    Lila Delman Compass

    (401) 743-2744

    2 in this area

    89 Total Sales

    Eric Kirton
    Section Image
  • Chris West

    Buyer's Agent in 2017

    Chris West

    Gustave White Sotheby's Realty

    (203) 994-1165

    21 Total Sales

    Chris West
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1164429

State-Wide MLS

APN: NEWP-000038-000000-000051

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

51 Ledge Rd, Newport, RI

Not Listed for Sale

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