Seller's Agent in 2023
Alex Fraioli
Edge Realty RI
(401) 255-9109
3 in this area
140 Total Sales
519 Bellevue Ave Unit 3N Newport, RI 02840
Bellevue Avenue and Estates NeighborhoodEstimated Value: $1,182,466 - $1,408,000
3
Beds
2
Baths
1,445
Sq Ft
$1,380/mo
HOA Fee
Highlights
- Marina
- 2.9 Acre Lot
- Tennis Courts
- Golf Course Community
- Wood Flooring
- Skylights
About This Home
As of September 2023The Belmead Estate at 519 Bellevue Avenue was built in 1895 and sits on pristine 2.9 acres. Designed by Bruce Price, it still reflects the grandeur of Newport's Gilded Age with Penthouse unit 3N fully and tastefully renovated and restored. 3 bedrooms, 2 baths + in-home laundry, large living room w/custom built ins, chef's kitchen yet still maintains much of its classic architectural details throughout. A year plus renovation completed recently and done so to protect and showcase period details while offering all the modern conveniences of today's living. Central Air Conditioning, 36' Italian induction range, wine fridge, quartz counters and backsplash, inset cabinets and the list goes on and on. Bathrooms fully renovated, a feature floor to ceiling paneled mahogany wall was designed, entryway wrapped in shiplap and the entire unit has high end fixtures. Open living concept with high ceilings is perfect for entertaining large groups. Walking distance to the mansions and events; Newport Flower Show, Newport Food Festival, Galas as well as the Audrain Newport Concours d'Elegance events. Note the large abutting parcel is part of Belmead to enjoy, for pets, relaxing, playing games. 2 dedicated off street parking spots with lots of room for guest parking. A grand entry foyer greets guests upon entrance and there is no better location in town; Salve Regina University located across the street, a 5 min walk to the "Cliffwalk" and partial water views from the master bedroom.
Last Agent to Sell the Property
Edge Realty RI License #RES.0040250 Listed on: 05/04/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,922
Year Built
- Built in 1900
Lot Details
- 2.9
HOA Fees
- $1,380 Monthly HOA Fees
Home Design
- Masonry
Interior Spaces
- 1,445 Sq Ft Home
- 4-Story Property
- Skylights
- Storage Room
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 118
- Assessor Parcel Number 519BELLEVUEAV3NNEWP
Community Details
Overview
- Association fees include heat, hot water, laundry, ground maintenance, parking, snow removal, water
- 7 Units
- Bellevue Subdivision
Amenities
- Shops
- Community Storage Space
Recreation
- Marina
- Golf Course Community
- Tennis Courts
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 4, 2023
Closed on
Sep 25, 2023
Sold by
Ramponi Stephen F
Bought by
Megan T T and Megan M
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Caroline Richards
Hogan Associates Christie's
List Price
$1,195,000
Sold Price
$1,100,000
Premium/Discount to List
-$95,000
-7.95%
Views
895
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
$155,117
Avg. Annual Appreciation
4.17%
Purchase Details
Listed on
Sep 3, 2019
Closed on
Jul 23, 2020
Sold by
Paolino William L and Paolino Catherine I
Bought by
Ramponi Stephen F
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Ethan Coombs
Teri Degnan RE & Consulting
List Price
$399,000
Sold Price
$300,000
Premium/Discount to List
-$99,000
-24.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.47%
Purchase Details
Closed on
Aug 15, 2008
Sold by
Poggio Pilar R
Bought by
Paolino William and Paolino Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 21, 2005
Sold by
Velenovsky Charles
Bought by
Poggio Pilar R
Purchase Details
Closed on
May 21, 1999
Sold by
Antone George P and Antone Allen Louise
Bought by
Whitney Stephen B and Chenard Michelle J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Megan T T | $1,100,000 | None Available | |
| Ramponi Stephen F | $300,000 | None Available | |
| Paolino William | $380,000 | -- | |
| Poggio Pilar R | $358,500 | -- | |
| Whitney Stephen B | $135,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ramponi Stephen F | $400,000 | |
| Previous Owner | Whitney Stephen B | $285,000 | |
| Previous Owner | Whitney Stephen B | $90,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/28/2023 09/28/23 | Sold | $1,100,000 | -7.9% | $761 / Sq Ft |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 05/04/2023 05/04/23 | For Sale | $1,195,000 | +298.3% | $827 / Sq Ft |
| 07/23/2020 07/23/20 | Sold | $300,000 | -24.8% | $208 / Sq Ft |
| 06/23/2020 06/23/20 | Pending | -- | -- | -- |
| 09/03/2019 09/03/19 | For Sale | $399,000 | -- | $276 / 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 | $7,387 | $1,059,800 | $0 | $1,059,800 |
| 2023 | $3,017 | $304,100 | $0 | $304,100 |
| 2022 | $2,922 | $304,100 | $0 | $304,100 |
| 2021 | $2,789 | $298,900 | $0 | $298,900 |
| 2020 | $4,156 | $404,300 | $0 | $404,300 |
| 2019 | $4,156 | $404,300 | $0 | $404,300 |
| 2018 | $4,039 | $404,300 | $0 | $404,300 |
| 2017 | $4,178 | $372,700 | $0 | $372,700 |
| 2016 | $4,074 | $372,700 | $0 | $372,700 |
| 2015 | $3,977 | $372,700 | $0 | $372,700 |
| 2014 | $3,993 | $331,100 | $0 | $331,100 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Fraioli
-
Caroline Richards
Buyer's Agent in 2023
Caroline Richards
Hogan Associates Christie's
(617) 699-9774
1 in this area
49 Total Sales
-
Teri Degnan
Seller's Agent in 2020
Teri Degnan
Teri Degnan RE & Consulting
(401) 474-9191
2 in this area
138 Total Sales
-
Ethan Coombs
Buyer's Agent in 2020
Ethan Coombs
Teri Degnan RE & Consulting
(401) 263-5138
16 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1334904
APN: NEWP-000036-000118-000003N
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