$600,000
SOLD JUN 15, 2021
2 Beds
2.5 Baths
1,790 Sq Ft
$760/mo HOA Fee

Recently Sold

$335 Per Sq Ft

6% Below List Price

37 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Skylights
  • Wood Flooring
  • Walking Distance to Water
  • Storage Room

About This Home

As of June 2021

Lansmere is one of the finest examples of pre-Civil War stone architecture in Newport. Built in 1852 for a Harvard Divinity School professor, it is centrally located amidst private mansions, yet is within walking distance to the Cliff Walk, the harbor, restaurants and shopping along Thames Street and on the wharves in the heart of Newport. Lansmere is a short drive or bike ride to the beaches and Ocean Drive. The property is defined by a stone wall and is surrounded by 3 acres, a 150 year-old beech tree, oak and horse chestnut trees. The grounds are well-appointed with teak furniture and a wrought-iron dining set.

Unit 7 has a foyer that leads into a grand living and dining room with spectacular detailing, 11 foot ceilings, and a decorative marble fireplace. The kitchen has been redone, keeping period detail in mind. Upstairs there is a separate laundry room and two bedrooms, each with their own bathroom and closets. Outside the updated master bathroom, there are linen closet shelves. The unit has 2 skylights, which keep the unit in this stone building cool during the summer months. In the basement, there is a large dedicated storage unit. Lansmere is truly the perfect combination of historical detailing and modern amenities.

Last Agent to Sell the Property

Libby Kirwin

Libby Kirwin Real Estate License #REB.0017170 Listed on: 04/08/2021

Last Buyer's Agent

Lizbeth Kirwin

Keller Williams Rlty Newport

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,614

Year Built

  • Built in 1852

HOA Fees

  • $760 Monthly HOA Fees

Home Design

  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1,790 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Marble Fireplace
  • Storage Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 220 Volts
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 009
  • Assessor Parcel Number 66WEBSTERST7NEWP

Community Details

Overview

  • 12 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,614

Year Built

Built in 1852

Lot Details

0

HOA Fees

$760 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1790.0
  • Building Name: Lansmere
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1852
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Fireplace Features: Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Skylights
  • Living Area: 1790.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Masonry
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Individual, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 759.6
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 66WEBSTERST7NEWP
  • Zoning: R60
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 3614.0
  • Tax Lot: 009
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Jun 15, 2021
Sold by
Bruce E Leish Ret
Bought by
Mcrae Patricia L
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
LeAnne West
Gustave White Sotheby's Realty
Sold Price
$3,000
Current Estimated Value
$858,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$855,816
Avg. Annual Appreciation
8.14%
Original Mortgage
$480,000
Outstanding Balance
$439,284
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$390,198

Purchase Details

Closed on
Mar 3, 2020
Sold by
Leish Bruce E and Leish Marilyn T
Bought by
Bruce E Leish Ret

Purchase Details

Closed on
Oct 13, 2000
Sold by
Lansmere Unit 7 Assoc
Bought by
Leish Bruce E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
7.89%
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
Deed $600,000 None Available
Quit Claim Deed -- None Available
Deed $239,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 Purchase Money Mortgage
Previous Owner $179,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 For Rent $3,000 0.0% --
07/22/2021 07/22/21 Rented $3,000 0.0% --
06/15/2021 06/15/21 Sold $600,000 -5.5% $335 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $635,000 -- $355 / 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 $5,761 $700,900 $0 $700,900
2023 $4,172 $420,600 $0 $420,600
2022 $4,042 $420,600 $0 $420,600
2021 $3,924 $420,600 $0 $420,600
2020 $3,614 $351,600 $0 $351,600
2019 $3,614 $351,600 $0 $351,600
2018 $3,512 $351,600 $0 $351,600
2017 $4,341 $387,200 $0 $387,200
2016 $4,232 $387,200 $0 $387,200
2015 $4,131 $387,200 $0 $387,200
2014 -- $296,700 $0 $296,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1279199

State-Wide MLS

APN: NEWP-000036-000009-000007