NOT LISTED FOR SALE

Estimated Value: $2,593,000 - $3,572,000

5 Beds
4.5 Baths
3,970 Sq Ft
$784/Sq Ft Est. Value

Last Sold July 27, 2020

Last sale price $2,575,000 $649 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $18,812/month

41 Days on Market

Highlights

  • Marina
  • Water Views
  • Golf Course Community
  • Melrose Avenue School Rated A-
  • Guest House
  • In Ground Pool

About This Home

As of July 2020

This extremely rare, surprisingly private and beautiful compound in the heart of the village was created through a collaboration with award-winning DiMauro Architects and landscape architect, Hali Beckman, which resulted in the exceptionally stunning transformation of this classic 3,394 sq. ft. village, 4-bedroom Victorian. Historically appropriate, the renovation honors the history of the house while updating it for 21st-century living. Distinguished by octagonal twin turrets with a striking cross-gable, the house offers some Newport Bridge and winter water views and features a quintessential covered veranda that captures coastal breezes.A spacious foyer highlighted by a fireplace with an original mantle is flanked by a parlor and dining room with fireplace.The designer kitchen overlooks the back yard and saltwater pool and opens to a dramatic, light-filled family room with a cathedral ceiling and impressive floor-ceiling fireplace. A laundry room, half bath and mud room complete the 1st floor. The 2nd floor offers two en-suite bedrooms, an additional bedroom and sitting room while the 3rd floor has a spacious loft-like bedroom with a marble bath and an office. A captivating 576 sq. ft., 1-bedroom guest cottage built in 2018 is surrounded by hydrangea and framed by a pergola with climbing English roses, while a custom stone fireplace is the focal point of an entertainment terrace off the pool. A fabulous outdoor shower and one-car garage complete this amazing property.

Last Agent to Sell the Property

Gloria Kurz

Residential Properties Ltd. License #REB.0014063 Listed on: 05/16/2020

Residential Properties Ltd.

Last Buyer's Agent

Bob Bailey

Compass / Lila Delman Compass License #RES.0027739

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,117

Year Built

  • Built in 1907

Lot Details

  • 0.57 Acre Lot
  • Security Fence
  • Private Lot
  • Secluded Lot
  • Sprinkler System
  • Property is zoned R20

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Antique Architecture
  • Victorian Architecture
  • Cottage
  • Stone Foundation
  • Slab Foundation
  • Wood Siding
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,970 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • 4 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat

Outdoor Features

  • In Ground Pool
  • Walking Distance to Water
  • Patio
  • Outdoor Grill
  • Porch

Utilities

  • Ductless Heating Or Cooling System
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Propane
  • Heat Pump System
  • Heating System Uses Steam
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Gas Water Heater
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 320
  • Assessor Parcel Number 64WALCOTTAVJAME

Community Details

Overview

  • Village,In Town,Downtown,Marina Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,117

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5739
  • Subdivision Name: Village,in-town,downtown,marina
  • Above Grade Finished Sq Ft: 3970.0
  • Architectural Style: Cabin/Cottage, Contemporary, Historic/Antique, Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Efficiency: Appliances, HVAC, Thermostat
  • Building Stories: 3
  • Year Built: 1907
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Marble, Stone
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Attic, Bathtub, Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 3970.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced, Security
  • Lot Features: Private, Secluded, Sprinkler System
  • Pool Features: In Ground
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Barbecue, Sprinkler/Irrigation
  • Foundation Details: Slab, Stone
  • Other Structures: Guest House
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 11.0

Utilities

  • Security: Security System Owned
  • Cooling: Ductless, Heat Pump, Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Hydro Air, Heat Pump, Propane, Oil, Steam, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Underground
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Connected, Public, Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25000.0
  • Parcel #: 64WALCOTTAVJAME
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13117.0
  • Tax Lot: 320
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2014
Closed on
Jan 23, 2015
Sold by
Durand Emma A Est
Bought by
Meyer 3Rd Aleander C and Meyer Anna L
Seller's Agent
Carol Hopkins
Residential Properties Ltd.
Buyer's Agent
Gloria Kurz
Mansions & Manors
List Price
$850,000
Sold Price
$959,000
Premium/Discount to List
$109,000
12.82%
Total Days on Market
41
Current Estimated Value
$3,111,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,152,412
Avg. Annual Appreciation
12.16%
Original Mortgage
$767,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1996
Sold by
Chew William D
Bought by
Durand David
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 Buyer Sale Price Title Company
Meyer 3Rd Aleander C $959,000 --
Durand David $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meyer 3Rd Alexander C $1,445,000
Closed Meyer 3Rd Aleander C $767,000
Closed Durand David $95,000
Previous Owner Durand David $180,000
Previous Owner Durand David $280,000
Previous Owner Durand David $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2020 07/27/20 Sold $2,575,000 -6.4% $649 / Sq Ft
06/27/2020 06/27/20 Pending -- -- --
05/16/2020 05/16/20 For Sale $2,750,000 +186.8% $693 / Sq Ft
01/22/2015 01/22/15 Sold $959,000 +12.8% $320 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
11/29/2014 11/29/14 For Sale $850,000 -- $283 / 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 $17,147 $2,391,500 $590,300 $1,801,200
2023 $16,811 $2,408,500 $590,300 $1,818,200
2022 $13,494 $2,445,700 $590,300 $1,855,400
2021 $13,494 $1,619,400 $454,700 $1,164,700
2020 $13,065 $1,618,900 $454,700 $1,164,200
2019 $13,032 $1,618,900 $454,700 $1,164,200
2018 $10,632 $1,201,400 $413,200 $788,200
2017 $9,342 $1,078,700 $413,200 $665,500
2016 $9,255 $1,078,700 $413,200 $665,500
2015 $8,208 $934,900 $390,200 $544,700
2014 $9,370 $1,070,900 $390,200 $680,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1253809

State-Wide MLS

APN: JAME-000009-000000-000320