NOT LISTED FOR SALE

8 Ledge Rd Newport, RI 02840

Bellevue Avenue and Estates Neighborhood

Estimated Value: $3,765,221 - $4,556,000

3 Beds
3.5 Baths
5,006 Sq Ft
$851/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $2,000,000 $400 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $25,468/month

49 Days on Market

Highlights

  • Marina
  • In Ground Pool
  • Cathedral Ceiling
  • Golf Course Community
  • Marble Flooring
  • 4-minute walk to Rovensky Park

About This Home

As of January 2015

Located off famed Bellevue Avenue, in the estate area and walking distance to Bailey's Beach "Crawford Court" is an elegant custom home inspired by Rosecliff Mansion, gated grounds w/inground pool,1st floor bedroom, grand staircase and great room.

Last Agent to Sell the Property

Kimberly Fleming

Gustave White Sotheby's Realty License #REB.0019243 Listed on: 11/11/2014

Gustave White Sotheby's Realty

Last Buyer's Agent

Chandler Lyell

Gustave White Sotheby's Realty License #REB.0015026

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,731

Year Built

  • Built in 2002

Lot Details

  • 0.9 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned R60

Home Design

  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 5,006 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • 3 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 20 Parking Spaces
  • No Garage

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 8LEDGERDNEWP

Community Details

Overview

  • Bellevue/Bailey's Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,731

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Subdivision Name: BELLEVUE/BAILEY'S BEACH
  • Above Grade Finished Sq Ft: 5006.0
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2002
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Marble, Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cathedral Ceiling(s), Central Vacuum, Cable TV
  • Living Area: 5006.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Pool Features: In Ground
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Masonry
  • Exterior Features: Patio, Sprinkler/Irrigation
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 20.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 39204.0
  • Parcel #: 8LEDGERDNEWP
  • Zoning: R60
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 24731.0
  • Tax Lot: 77
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2014
Closed on
Jan 30, 2015
Sold by
Mercer James and Mercer Jennifer C
Bought by
Jaindl Mark W
Seller's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
Buyer's Agent
Chandler Lyell
Gustave White Sotheby's Realty
List Price
$2,495,000
Sold Price
$2,000,000
Premium/Discount to List
-$495,000
-19.84%
Current Estimated Value
$4,258,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,258,055
Avg. Annual Appreciation
7.33%
Original Mortgage
$1,300,000
Outstanding Balance
$997,537
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,260,518
Source: Public Records

Range of Values:

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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
Jaindl Mark W $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaindl Mark W $1,300,000
Previous Owner Jaindl Mark W $1,300,000
Previous Owner Jaindl Mark W $300,000
Previous Owner Jaindl Mark W $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2015 01/30/15 Sold $2,000,000 -19.8% $400 / Sq Ft
12/31/2014 12/31/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $2,495,000 -- $498 / 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
2025 $33,645 $3,872,100 $1,387,800 $2,484,300
2024 $31,829 $3,872,100 $1,387,800 $2,484,300
2023 $25,989 $2,619,900 $904,600 $1,715,300
2022 $25,177 $2,619,900 $904,600 $1,715,300
2021 $24,444 $2,619,900 $904,600 $1,715,300
2020 $24,059 $2,340,400 $874,800 $1,465,600
2019 $24,059 $2,340,400 $874,800 $1,465,600
2018 $23,381 $2,340,400 $874,800 $1,465,600
2017 $25,950 $2,314,900 $760,000 $1,554,900
2016 $25,302 $2,314,900 $760,000 $1,554,900
2015 $24,700 $2,314,900 $760,000 $1,554,900
2014 $24,731 $2,050,700 $593,700 $1,457,000
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Fleming

    Seller's Agent in 2015

    Kimberly Fleming

    Gustave White Sotheby's Realty

    (401) 935-9075

    51 Total Sales

    Kimberly Fleming
    Section Image
  • Chandler Lyell

    Buyer's Agent in 2015

    Chandler Lyell

    Gustave White Sotheby's Realty

    (401) 935-6184

    18 Total Sales

    Chandler Lyell
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1083261

State-Wide MLS

APN: NEWP-000038-000000-000077

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

8 Ledge Rd, Newport, RI

This home is located at 8 Ledge Rd, Newport, RI 02840 since 11 November 2014 and is currently estimated at $4,258,055, approximately $850 per square foot. This property was built in 2002. 8 Ledge Rd is a home located in Newport County with nearby schools including Rogers High School and St Michael's Country Day School.

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