NOT LISTED FOR SALE

66 Ocean Ave Unit Cottage Newport, RI 02840

Lily-Almy Pond Neighborhood

Estimated Value: $6,079,000 - $7,354,364

3 Beds
2 Baths
1,580 Sq Ft
$4,251/Sq Ft Est. Value

Highlights

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

About This Home

As of May 2020

Waterviews Abound-Estate Cottage located on the Ocean. Bright & cheery furnished 3 bedroom 2 bath with views from every room. Kitchen, dining area, living room and small office. Outside garden area with table and grill. Adirondack chairs on a high knoll with panoramic views of the ocean and sunsets. Peaceful and tranquil. Enjoy swimming, water sports and fishing with access to the ocean. Rental available for July and/or August for $20,000 a month. All utilities, Cable Package & WIFI are included , plus on site caretaker. Close to Beaches, Parks, Shops , Restaurants and all Newport has to offer. Perfect vacation getaway.

Last Agent to Rent the Property

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 04/13/2018

RE/MAX Profnl. Newport, Inc.

Last Renter's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 04/13/2018

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,088

Year Built

  • Built in 1862

Lot Details

  • Beach Front
  • Security Fence
  • Private Lot
  • Secluded Lot

Home Design

  • Cottage
  • Entry on the 1st floor
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,580 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Water Views
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 7/1/19
  • Month-to-Month Lease Term
  • Assessor Parcel Number 66OCEANAVCottageNEWP

Community Details

Overview

  • No Home Owners Association
  • Ocean Ave Subdivision
  • On-Site Maintenance
  • Maintained Community

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,088

Year Built

Built in 1862

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2019-07-01
  • Security Deposit: 2500.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Ocean Ave
  • Above Grade Finished Sq Ft: 1580.0
  • Architectural Style: Cabin/Cottage
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1862
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 1580.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Security
  • Lot Features: Private, Secluded, Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Patio, Paved Driveway
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Maintenance On-Site, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Electricity, Gas, Gardener, Heat, Hot Water, Internet, Laundry Facilities, Parking, Sewer, Snow Removal, Trash Collection, Cable TV, Water
  • Amenities: Maintenance
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 66OCEANAVCottageNEWP
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2013
Sold by
Cushing Thomas G
Bought by
Cushing Thomas G and Cushing Deanna
Current Estimated Value
$6,716,682
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cushing Thomas G -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2020 05/21/20 Rented $20,000 +614.3% --
04/21/2020 04/21/20 Under Contract -- -- --
09/09/2019 09/09/19 Rented $2,800 -86.0% --
08/10/2019 08/10/19 Under Contract -- -- --
04/13/2018 04/13/18 For Rent $20,000 +614.3% --
06/03/2016 06/03/16 For Rent $2,800 -- --
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 $65,088 $7,490,900 $3,642,500 $3,848,400
2024 $61,575 $7,490,900 $3,642,500 $3,848,400
2023 $49,121 $4,951,700 $2,375,400 $2,576,300
2022 $50,239 $5,227,800 $2,651,500 $2,576,300
2021 $48,775 $5,227,800 $2,651,500 $2,576,300
2020 $43,902 $4,270,600 $2,509,700 $1,760,900
2019 $43,902 $4,270,600 $2,509,700 $1,760,900
2018 $36,243 $3,627,900 $2,509,700 $1,118,200
2017 $40,742 $3,634,400 $2,736,500 $897,900
2016 $40,082 $3,667,200 $2,736,500 $930,700
2015 $39,129 $3,667,200 $2,736,500 $930,700
2014 $15,601 $1,293,600 $712,600 $581,000
Source: Public Records

Agents Affiliated with this Home

  • Edith Cushing

    Landlord's Agent in 2020

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 848-6750

    1 in this area

    42 Total Sales

    Edith Cushing
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Map

Source: State-Wide MLS

MLS Number: 1187249

State-Wide MLS

APN: NEWP-000041-000000-000399

Rhode Island Newport County Newport 02840 Lily-Almy Pond

66 Ocean Ave Unit Cottage, Newport, RI

Not Listed for Sale

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