K
Seller's Agent in 2021
Kate Leonard
Lila Delman Compass
(401) 952-3461
2 in this area
37 Total Sales
708 Bellevue Ave Newport, RI 02840
Bellevue Avenue and Estates NeighborhoodEstimated Value: $3,721,000 - $5,847,000
5
Beds
8
Baths
4,227
Sq Ft
$1,130/Sq Ft
Est. Value
Highlights
- Beach Access
- 1.38 Acre Lot
- Corner Lot
- Golf Course Community
- Marble Flooring
- 2-minute walk to The Cliff Walk
About This Home
As of July 2021Tree House' is a unique property that sits within walking distance to Bailey's Beach and the People's Beach on Bellevue Avenue. Sited on 1.38 acres of park-like grounds with entry on Ledge Road. Fully fenced and gated, the designer home provides privacy and peacefulness. The first floor consists of an open concept kitchen, dining area, living space with fireplace, and a den with a powder room alongside. French doors open to an expansive light-filled screened sun room that extends the full length of the house. A 2-car garage leads into the mud room and kitchen area for easy access bringing goods into the kitchen. A reading room and full bath finish this first level. The second floor consists of two wings. One wing includes a spacious master with his and her bathrooms and walk-in closets, three additional bedrooms and two full baths. A third level off this wing has an additional office, a laundry room/bath, and a sun-filled community family room with water-views. The guest wing consists of a large bedroom with en-suite bath. The basement level is dry, clean with a second laundry area and storage rooms throughout. The grounds of 'Tree House' have specimen trees and plantings with sitting areas to read, enjoy privacy with friends, and offers a sanctuary type space. The location allows one to walk or bike to the beach, Bellevue shops, and the Cliff Walk. Seldom does a property come to market in this pristine condition. May be purchased turnkey.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0031901 Listed on: 09/22/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,989
Year Built
- Built in 1995
Lot Details
- 1.38 Acre Lot
- Security Fence
- Corner Lot
- Property is zoned R60
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 4,227 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Storage Room
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Screened Patio
- Porch
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Underground Utilities
- Water Heater
Listing and Financial Details
- Tax Lot 094
- Assessor Parcel Number 708BELLEVUEAVNEWP
Community Details
Overview
- Bellevue/ Ocean Avenue Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2020
Closed on
Jul 19, 2021
Sold by
Wallace William L and Wallace Kathleeb S
Bought by
708 Bellevue Llc
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$5,500,000
Sold Price
$4,700,000
Premium/Discount to List
-$800,000
-14.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,676
Avg. Annual Appreciation
0.39%
Purchase Details
Closed on
Dec 28, 2007
Sold by
Randolph Mary and Ballinger Walter
Bought by
Wallace William and Wallace Kathleen
Purchase Details
Closed on
Apr 2, 2003
Sold by
Evans Gail
Bought by
Ballinger Mary and Dickson Edgar
Purchase Details
Closed on
Jan 25, 1999
Sold by
Damiano Patrick J
Bought by
Evans David M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.7%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 708 Bellevue Llc | $4,700 | None Available | |
| Wallace William | $2,125,000 | -- | |
| Ballinger Mary | $1,640,000 | -- | |
| Evans David M | $814,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Evans David M | $500,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2021 07/19/21 | Sold | $4,700,000 | -14.5% | $1,112 / Sq Ft |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- |
| 09/22/2020 09/22/20 | For Sale | $5,500,000 | -- | $1,301 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $40,499 | $4,926,900 | $2,007,500 | $2,919,400 |
| 2023 | $28,971 | $2,920,500 | $1,017,200 | $1,903,300 |
| 2022 | $28,066 | $2,920,500 | $1,017,200 | $1,903,300 |
| 2021 | $27,248 | $2,920,500 | $1,017,200 | $1,903,300 |
| 2020 | $25,989 | $2,528,100 | $916,500 | $1,611,600 |
| 2019 | $25,989 | $2,528,100 | $916,500 | $1,611,600 |
| 2018 | $25,256 | $2,528,100 | $916,500 | $1,611,600 |
| 2017 | $26,185 | $2,335,900 | $805,100 | $1,530,800 |
| 2016 | $25,531 | $2,335,900 | $805,100 | $1,530,800 |
| 2015 | $24,924 | $2,335,900 | $805,100 | $1,530,800 |
| 2014 | $21,537 | $1,785,800 | $762,700 | $1,023,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kate Leonard
-
Edith Cushing
Buyer's Agent in 2021
Edith Cushing
RE/MAX Profnl. Newport, Inc.
(401) 862-7703
11 in this area
50 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1264764
APN: NEWP-000038-000000-000094
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