NOT LISTED FOR SALE

Estimated Value: $4,430,000 - $6,005,096

4 Beds
5.5 Baths
4,956 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $3,999,000 $807 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $31,196/month

320 Days on Market

Highlights

  • Marina
  • In Ground Pool
  • Deck
  • Golf Course Community
  • 1.94 Acre Lot
  • Marble Flooring

About This Home

As of August 2018

"Casa del Sole", a Palladian style villa originally built in the early 20th century, is once again a stunning iconic Newport villa. It has been thoughtfully and completely renovated with state of the art systems and engineering so that all renovations would blend seamlessly into the original structure. This estate is located just off Newport's famed Ocean Drive, in one of the area's renowned neighborhoods. Casa del Sole sits dramatically on almost 2 acres that includes a formal garden including an exedra in the Ogden Codman Style, a pond and informal grounds in a manageable estate setting. This renovation was masterfully reinvented for the modern lifestyle including a large chef's kitchen designed for entertaining, that flows outdoors to the expansive neoclassical pool and patio, with fire pit and multiple seating areas. 2 Master suites, each with private balcony and ensuite, for a total of 4 bedrooms on the second floor The tiled lower level has a full bath, 2 car integral garage, and room for a bonus/home theatre/exercise room. The dramatic entry hall with marble floors and grand center staircase with mirrored walls are balanced by separate formal living and dining rooms, each anchored by gas fireplaces, both rooms leading to covered loggias for wonderful indoor/ outdoor liiving.This elegant home awaits it's new owner.

Last Agent to Sell the Property

Michelle Drum

Gustave White Sotheby's Realty License #REB.0013061 Listed on: 09/12/2017

Gustave White Sotheby's Realty

Last Buyer's Agent

Kimberly Fleming

Gustave White Sotheby's Realty License #REB.0019243

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,074

Year Built

  • Built in 1900

Lot Details

  • 1.94 Acre Lot
  • Security Fence
  • Property is zoned R160

Parking

  • 2 Car Attached Garage

Home Design

  • Antique Architecture
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • 2 Fireplaces
  • Marble Fireplace
  • Gas Fireplace
  • Utility Room
  • Permanent Attic Stairs
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Central Air
  • Heating System Uses Propane
  • Radiant Heating System
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 028
  • Assessor Parcel Number 63HammersmithRDNEWP

Community Details

Recreation

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

Additional Features

  • Ocean Drive Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,074

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.94
  • Subdivision Name: Ocean Drive
  • Above Grade Finished Sq Ft: 3956.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1000.0
  • Fireplace Features: Gas, Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Attic, Wet Bar, Bathtub, Permanent Attic Stairs, Tub Shower, Central Vacuum, Cable TV
  • Living Area: 4956.0
  • Dining Room Type: Bathroom, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Pool Features: In Ground
  • Waterfront Features: Walk to Water
  • Construction Type: Masonry
  • Exterior Features: Deck, Porch, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 7.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hydro Air, Propane, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 84506.0
  • Parcel #: 63HammersmithRDNEWP
  • Zoning: R160
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 31074.0
  • Tax Lot: 028
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2017
Closed on
Aug 29, 2018
Sold by
Kwan Michelle W
Bought by
Mueller Peter and Mueller Ulrike E
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
List Price
$4,395,000
Sold Price
$3,999,000
Premium/Discount to List
-$396,000
-9.01%
Current Estimated Value
$5,364,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,365,365
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Jul 14, 2017
Sold by
Claiborne-Pell 4Th H and Kwan Michelle W
Bought by
Kwan Michelle W

Purchase Details

Closed on
Jun 18, 2014
Sold by
Simson Alfred
Bought by
Jp Morgan Mtg Acquisit
Source: Public Records

Range of Values:

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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
Mueller Peter $3,999,000 --
Kwan Michelle W -- --
Jp Morgan Mtg Acquisit -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2018 08/29/18 Sold $3,999,000 -9.0% $807 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
09/12/2017 09/12/17 For Sale $4,395,000 -- $887 / 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 $31,716 $4,417,300 $1,170,200 $3,247,100
2024 $30,789 $4,417,300 $1,170,200 $3,247,100
2023 $31,741 $3,199,700 $745,300 $2,454,400
2022 $30,749 $3,199,700 $745,300 $2,454,400
2021 $29,853 $3,199,700 $745,300 $2,454,400
2020 $31,977 $3,110,600 $773,000 $2,337,600
2019 $31,977 $3,110,600 $773,000 $2,337,600
2018 $31,075 $3,110,600 $773,000 $2,337,600
2017 $22,019 $1,964,200 $613,700 $1,350,500
2016 $15,935 $1,457,900 $613,700 $844,200
2015 $15,556 $1,457,900 $613,700 $844,200
2014 $21,428 $1,776,800 $533,700 $1,243,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1173155

State-Wide MLS

APN: NEWP-000043-000000-000028