NOT LISTED FOR SALE

54 Hammersmith Rd Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $3,496,482 - $3,946,000

3.67 Acres
$1,001,225 Price per Acre
159,865 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $2,200,000 $264 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $21,382/month

19 Days on Market

Highlights

  • Marina
  • Private Lot
  • Walking Distance to Water
  • 3.67 Acre Lot
  • Tennis Courts

About This Lot

As of November 2020

Beautiful land, private and peaceful on Hammersmith Road. This land is enchanting. A curved stone wall, a circular stone amphitheater, a grove of Chinese Maple trees and stately specimen trees - all highlights of the stunning grounds, remnants of the famous Arthur Curtiss James Estate. This is an opportunity to build a fabulous home in a private and peaceful estate setting. This 3.67 acre site has a connection to the Brenton Road sewer line and underground utilities, cable and electric, already in place. This lovely site, on the beautiful Hammersmith Road, is a wonderful offering, near Ocean Drive, yet close to the harbor and town.

Last Agent to Sell the Property

Kimberly Doherty

Lila Delman Compass License #RES.0030805 Listed on: 09/17/2020

Lila Delman Compass

Last Buyer's Agent

Kimberly Doherty

Lila Delman Compass License #RES.0030805 Listed on: 09/17/2020

Lila Delman Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,818

Lot Details

  • 3.67 Acre Lot
  • Private Lot
  • Secluded Lot
  • Level Lot
  • Property is zoned R160

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 054
  • Assessor Parcel Number 54HAMMERSMITHRDNEWP

Community Details

Overview

  • Brenton Rd/ Ocean Ave Subdivision

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$8,818

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.67
  • Road Frontage Type: City Street
  • Subdivision Name: Brenton Rd/ Ocean Ave
  • New Construction: No
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands
  • Stories: 0

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Lot Features: Private, Secluded, Level
  • Topography: Level
  • Waterfront Features: Walk to Water

Utilities

  • Sewer: Sanitary
  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Current Use: Residential
  • Land Lease: No
  • Lot Size Sq Ft: 159865.0
  • Wooded Area: 20.0
  • Parcel #: 54HAMMERSMITHRDNEWP
  • Zoning Description: Residential
  • Zoning: R160
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8818.0
  • Tax Lot: 054
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 28, 2020
Sold by
Thomas D Cullen Lt
Bought by
Aramli Mark D and Aramli Ida
Seller's Agent
Kimberly Doherty
Lila Delman Compass
Buyer's Agent
Kimberly Doherty
Lila Delman Compass
List Price
$2,500,000
Sold Price
$2,200,000
Premium/Discount to List
-$300,000
-12%
Current Estimated Value
$3,674,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,474,494
Avg. Annual Appreciation
11.01%

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 21, 2020
Sold by
Beckett Kathleen L
Bought by
Thomas D Cullen Lt
Seller's Agent
Kimberly Doherty
Lila Delman Compass
Buyer's Agent
Kimberly Doherty
Lila Delman Compass
List Price
$2,500,000
Sold Price
$2,200,000
Premium/Discount to List
-$300,000
-12%

Purchase Details

Closed on
Aug 31, 2012
Sold by
Hammersmith Invst Asso
Bought by
Cullen Thomas D
Source: Public Records

Range of Values:

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Average Value
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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
Aramli Mark D $2,200,000 None Available
Thomas D Cullen Lt -- None Available
Cullen Thomas D $1,950,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2020 11/06/20 Sold $2,200,000 -12.0% $264 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $2,500,000 -- $300 / Sq Ft
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 $21,891 $2,519,400 $2,519,400 $0
2024 $23,299 $2,834,400 $2,834,400 $0
2023 $18,634 $1,878,400 $1,878,400 $0
2022 $18,051 $1,878,400 $1,878,400 $0
2021 $17,525 $1,878,400 $1,878,400 $0
2020 $8,868 $862,600 $862,600 $0
2019 $8,868 $862,600 $862,600 $0
2018 $8,617 $862,600 $862,600 $0
2017 $7,884 $703,300 $703,300 $0
2016 $7,687 $703,300 $703,300 $0
2015 $7,504 $703,300 $703,300 $0
2014 $28,538 $2,366,300 $611,600 $1,754,700
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Doherty

    Seller's Agent in 2020

    Kimberly Doherty

    Lila Delman Compass

    (401) 862-3956

    2 in this area

    27 Total Sales

    Kimberly Doherty
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Map

Source: State-Wide MLS

MLS Number: 1264662

State-Wide MLS

APN: NEWP-000043-000000-000054

Rhode Island Newport County Newport 02840 Ocean Drive

54 Hammersmith Rd, Newport, RI

This home is located at 54 Hammersmith Rd, Newport, RI 02840 since 17 September 2020 and is currently estimated at $3,674,494, approximately $441 per square foot. 54 Hammersmith 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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