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Seller's Agent in 2022
Paul Leys
Gustave White Sotheby's Realty
(401) 862-6706
5 in this area
49 Total Sales
Estimated Value: $4,630,845 - $5,735,000
Villa Marina, also knows as the Sanford Covell House is a one of a kind single family opportunity located directly on the water in Newport's famed Point neighborhood. Step back in time to the era of Newport's Gilded Age and experience the rich and distinct historic impression conjured by the predominately 18th century homes that line Washington Street. A 35 ft. high entrance hall and grand staircase greet you upon entering, where balconies peek out from varying levels and ornate stained glass illuminates the spaces from above. Artisan woodwork from a bygone era adorns every room; oak, ash, cherry, hard pine, maple, black walnut, butternut and ebony finishes carry your eye in varying patterns throughout. A remarkable example of mid-Victorian era architecture, this property was designed by the architect - Wm. Ralph Emerson, cousin of Ralph Waldo. Listed for sale publicly for the 1st time since 1985, this up and running Inn offers spectacular amenities such as an in-ground, heated, salt water pool, large wrap around porch and a deep water dock where you can tie up your boat(s). Enjoy breath taking sunsets on the dock with 180 degree views of Newport Harbor from its custom built cupola, complete with comfortable seating area, or from the 1st floor porch or even the rooftop deck, where billowing breezes and Newport Bridge views from all 3 vantage points invigorate the soul!
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schofield Brady | $550,000 | None Available | |
| Schofield Brady | $550,000 | None Available | |
| Ramsey-Cuvelier Anne | -- | -- |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schofield Brady | $3,500,000 | |
| Closed | Schofield Brady | $3,500,000 | |
| Previous Owner | Ramsey-Cuvelier Anne | $200,000 | |
| Previous Owner | Ramsey-Cuvelier Anne | $238,100 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2022 08/15/22 | Sold | $5,500,000 | -6.8% | $720 / Sq Ft |
| 07/12/2022 07/12/22 | Pending | -- | -- | -- |
| 05/17/2022 05/17/22 | Price Changed | $5,900,000 | -18.0% | $772 / Sq Ft |
| 04/01/2022 04/01/22 | For Sale | $7,195,000 | -- | $941 / Sq Ft |
| 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 | $45,672 | $5,256,286 | $2,400,100 | $2,856,186 |
| 2024 | $42,066 | $5,117,486 | $2,400,100 | $2,717,386 |
| 2023 | $56,193 | $3,776,386 | $2,393,900 | $1,382,486 |
| 2022 | $56,506 | $3,921,286 | $2,393,900 | $1,527,386 |
| 2021 | $54,859 | $3,921,286 | $2,393,900 | $1,527,386 |
| 2020 | $44,962 | $2,915,800 | $1,886,500 | $1,029,300 |
| 2019 | $44,962 | $2,915,800 | $1,886,500 | $1,029,300 |
| 2018 | $43,679 | $2,915,800 | $1,886,500 | $1,029,300 |
| 2017 | $42,231 | $2,715,800 | $2,181,000 | $534,800 |
| 2016 | $41,172 | $2,715,800 | $2,181,000 | $534,800 |
| 2015 | $40,167 | $2,715,800 | $2,181,000 | $534,800 |
| 2014 | $39,391 | $2,355,900 | $1,705,200 | $650,700 |
P
Seller's Agent in 2022
Paul Leys
Gustave White Sotheby's Realty
(401) 862-6706
5 in this area
49 Total Sales
Source: State-Wide MLS
MLS Number: 1306490
APN: NEWP-000012-000000-000092