$1,575,000
SOLD DEC 30, 2024
2 Beds
2.5 Baths
1,871 Sq Ft
$1,313/mo HOA Fee

Recently Sold

$842 Per Sq Ft

3% Below List Price

43 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Private Lot
  • Marina
  • Water Access
  • Wood Flooring

About This Home

As of December 2024

Perched within one of Newport's most distinguished historic estates, masterfully designed by celebrated architect John Russell Pope, this residence enjoys an enviable location on exclusive Ledge Road. Positioned just off Bellevue Avenue, between the renowned Cliff Walk and Baileys Beach, it combines seclusion with easy access to Newport's vibrant lifestyle. Enter through a manicured courtyard with perennial flower beds and a designated bluestone patio for exceptional outdoor enjoyment. Inside reveals a sophisticated, open floor plan filled with natural light, blending timeless architectural character with comfort. The spacious living area flows seamlessly, enhanced by coastal views, with a separate first-floor entrance for convenient storage of essentials. Two elegantly proportioned bedrooms each feature en-suite bathrooms and organized closet space, positioned along a private corridor for a retreat-like atmosphere. Every room captures serene ocean views and refreshing sea breezes. Adding to the allure, a charming loft offers versatile space ideal for a home office, fitness area, or additional guest accommodations, with a half bath nearby. The property includes two designated parking spaces within this secure, gated coastal estate and additional private storage in the basement.

Last Agent to Sell the Property

LeAnne West

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0042539 Listed on: 11/15/2024

Gustave White Sotheby's Realty

Co-Listed By

Jose Aguon

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000 License #RES.0030702

Last Buyer's Agent

Elizabeth Andrews

Westcott Properties License #RES.0032179

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,256

Year Built

  • Built in 1922

Lot Details

  • Beach Front
  • Security Fence
  • Secluded Lot
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $1,313 Monthly HOA Fees

Home Design

  • Stone Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,871 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 34
  • Assessor Parcel Number 61LEDGERDHNEWP

Community Details

Overview

  • Association fees include insurance, ground maintenance, parking, pest control, sewer, snow removal, security, trash, water
  • 10 Units
  • Bellevue /Ledge Rd /Bailey's Beach Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,256

Year Built

Built in 1922

Lot Details

0

HOA Fees

$1,313 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Inclusions: Contact agents for copies of the Seller & Lead Disclosures.
  • Subdivision Name: Bellevue /Ledge Rd /Bailey's Beach
  • Above Grade Finished Sq Ft: 1871.0
  • Building Name: The Waves
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1922
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 401-849-3000
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Stall Shower, Tub Shower
  • Living Area: 1871.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Other

Exterior Features

  • Fencing: Security
  • Lot Features: Private, Paved, Secluded, Sprinkler System, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Wood Siding, Masonry
  • Exterior Features: Patio, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Ductless, Heat Pump, 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Heat Pump
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 1313.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Parking, Pest Control, Sewer, Snow Removal, Security, Trash, Water

Lot Info

  • Parcel #: 61LEDGERDHNEWP
  • Zoning: R60
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 7256.0
  • Tax Lot: 34
  • Tax Map Number: 38
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2024
Closed on
Dec 30, 2024
Sold by
Quill Llc
Bought by
Peter and Peter Linda Hantzis
Seller's Agent
LeAnne West
Gustave White Sotheby's Realty
Buyer's Agent
Elizabeth Andrews
Westcott Properties
List Price
$1,625,000
Sold Price
$1,575,000
Premium/Discount to List
-$50,000
-3.08%
Views
59
Current Estimated Value
$1,645,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,320
Avg. Annual Appreciation
5.36%
Original Mortgage
$1,250,000
Outstanding Balance
$1,246,753
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$381,771

Purchase Details

Listed on
Jan 4, 2017
Closed on
Jul 11, 2017
Sold by
Ludwig Arnold M
Bought by
Quill Llc
Seller's Agent
Donald Desrosiers
Gustave White Sotheby's Realty
Buyer's Agent
Jose Aguon
Gustave White Sotheby's Realty
List Price
$769,000
Sold Price
$640,000
Premium/Discount to List
-$129,000
-16.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.79%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Donovan J Kevin
Bought by
Ludwig Arnold W and Ludwig Aline P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,575,000 None Available
Warranty Deed $1,575,000 None Available
Warranty Deed $1,575,000 None Available
Deed $640,000 --
Deed $640,000 --
Warranty Deed $500,000 --
Warranty Deed $500,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 Purchase Money Mortgage
Closed $1,250,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $1,575,000 -3.1% $842 / Sq Ft
12/28/2024 12/28/24 Pending -- -- --
11/15/2024 11/15/24 For Sale $1,625,000 0.0% $869 / Sq Ft
04/28/2023 04/28/23 Rented $4,950 0.0% --
04/28/2023 04/28/23 Under Contract -- -- --
04/23/2023 04/23/23 Price Changed $4,950 -10.0% $3 / Sq Ft
04/03/2023 04/03/23 For Rent $5,500 0.0% --
07/11/2017 07/11/17 Sold $640,000 -16.8% $423 / Sq Ft
06/11/2017 06/11/17 Pending -- -- --
01/04/2017 01/04/17 For Sale $769,000 -- $509 / 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
2024 $7,252 $1,040,400 $0 $1,040,400
2023 $5,858 $590,500 $0 $590,500
2022 $5,675 $590,500 $0 $590,500
2021 $5,509 $590,500 $0 $590,500
2020 $6,240 $607,000 $0 $607,000
2019 $6,240 $607,000 $0 $607,000
2018 $6,064 $607,000 $0 $607,000
2017 $6,358 $567,200 $0 $567,200
2016 $6,199 $567,200 $0 $567,200
2015 $6,052 $567,200 $0 $567,200
2014 $8,797 $729,400 $0 $729,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1372762

State-Wide MLS

APN: NEWP-000038-000034-H000000