NOT LISTED FOR SALE

9 Commonwealth Ave Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $3,459,000 - $5,052,709

5 Beds
3.5 Baths
3,615 Sq Ft
$1,156/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $1,750,000 $484 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $24,188/month

140 Days on Market

Highlights

  • Marina
  • Beach Access
  • Deck
  • Water Views
  • Golf Course Community
  • Cathedral Ceiling

About This Home

As of August 2018

Welcome home to all that Newport has to offer! This lovely architecurally designed home is in one of the most desirable locations. Walk to water”s edge and enjoy deeded beach rights to the private Castle Hill Beach, then take a leisurely stroll to Castle Hill for refreshments, and watch the boats sail by. Boasting a contemporary twist on traditional style, this home has been thoughtfully planned with every amenity you can imagine, no detail has been overlooked. Over-sized windows on all three floors allow natural light to stream in and afford water-views from the third floor. Designed with three master suites, this home offers plenty of options for either family living or hosting out of town guests. Additional bedrooms on the first floor provide extra space. The chef's kitchen with a large quartz island and custom cabinetry opens up to a spacious great room, which has a full wet bar and custom cabinetry. Quartz countertops blend beautifully with the marble and sea glass tile backsplashes. The 900 square foot wrap-around deck is fabulous for entertaining and enjoying views of the yard where roses and hydrangeas abound. The two bluestone patios, walk ways and outdoor shower provide even more options to enjoy the outdoors and seabreezes. Located within walking distance to OceanCliff, the Newport Country Club, and just minutes to some of the most beautiful beaches in Rhode Island, seaside parks and historic downtown Newport, this home has it all. Move in just in time for summer!

Last Agent to Sell the Property

Lisa Schrvyer

Compass License #RES.0034686 Listed on: 03/05/2018

Compass

Last Buyer's Agent

Tristen Court

Capitol Realty Company License #REB.0016619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,548

Year Built

  • Built in 2014

Lot Details

  • 0.46 Acre Lot
  • Corner Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 3,615 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Gas Fireplace
  • Thermal Windows
  • Water Views
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Storm Doors

Parking

  • 10 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Radiant Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessibility Features
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 079
  • Assessor Parcel Number 9COMMONWEALTHAVNEWP

Community Details

Overview

  • Ocean Drive Subdivision

Amenities

  • Shops

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,548

Year Built

Built in 2014

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.4591
  • Subdivision Name: OCEAN DRIVE
  • Above Grade Finished Sq Ft: 3615.0
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2014
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Accessibility Features: Accessibility Features
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 3615.0
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Balcony, Deck, Porch, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Balcony, Deck, Patio, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 10.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas, Propane, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20000.0
  • Parcel #: 9COMMONWEALTHAVNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 9548.0
  • Tax Lot: 079
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2018
Closed on
Aug 23, 2018
Sold by
Ward Vieira Cynthia M and Vieira Paul
Bought by
Mulderry Andrew and Mulderry Kelly
Seller's Agent
Lisa Schrvyer
Compass
Buyer's Agent
Tristen Court
Capitol Realty Company
List Price
$1,895,000
Sold Price
$1,750,000
Premium/Discount to List
-$145,000
-7.65%
Current Estimated Value
$4,177,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,427,427
Avg. Annual Appreciation
12.62%
Original Mortgage
$1,225,000
Outstanding Balance
$1,038,046
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$3,139,381

Purchase Details

Listed on
Mar 18, 2012
Closed on
Feb 26, 2013
Sold by
Moller David E and Moller Lucine S
Bought by
Ward-Vieira Cynthia M and Vieira Paul
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Lisa morrison
Coldwell Banker Realty
List Price
$685,000
Sold Price
$589,000
Premium/Discount to List
-$96,000
-14.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.94%
Original Mortgage
$417,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2008
Sold by
Eichler Lawrence and Eichler Alison
Bought by
Moller David and Moller Lucine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Mulderry Andrew $1,750,000 --
Ward-Vieira Cynthia M $589,000 --
Moller David $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulderry Andrew $1,225,000
Previous Owner Moller David $250,000
Previous Owner Moller David $417,000
Previous Owner Moller David $417,000
Previous Owner Moller David $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/23/2018 08/23/18 Sold $1,750,000 -7.7% $484 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
03/05/2018 03/05/18 For Sale $1,895,000 +221.7% $524 / Sq Ft
02/26/2013 02/26/13 Sold $589,000 -14.0% $258 / Sq Ft View Prior Sale
01/27/2013 01/27/13 Pending -- -- --
03/19/2012 03/19/12 For Sale $685,000 -- $300 / 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 $26,524 $3,052,600 $1,315,500 $1,737,100
2024 $25,092 $3,052,600 $1,315,500 $1,737,100
2023 $17,464 $1,760,500 $624,900 $1,135,600
2022 $16,918 $1,760,500 $624,900 $1,135,600
2021 $16,425 $1,760,500 $624,900 $1,135,600
2020 $10,100 $982,500 $523,200 $459,300
2019 $10,100 $982,500 $523,200 $459,300
2018 $9,815 $982,500 $523,200 $459,300
2017 $9,548 $851,700 $441,000 $410,700
2016 $9,309 $851,700 $441,000 $410,700
2015 $9,088 $851,700 $441,000 $410,700
2014 $5,552 $460,400 $275,600 $184,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Buyer's Agent in 2018

    Tristen Court

    Capitol Realty Company

    (401) 234-8769

    1 in this area

    4 Total Sales

    Tristen Court
    Section Image

  • K

    Seller's Agent in 2013

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    4 in this area

    29 Total Sales

    Kate Leonard
    Section Image
  • Lisa morrison

    Buyer's Agent in 2013

    Lisa morrison

    Coldwell Banker Realty

    (203) 217-3990

    1 in this area

    83 Total Sales

    Lisa morrison
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1184239

State-Wide MLS

APN: NEWP-000044-000000-000079

Rhode Island Newport County Newport 02840 Ocean Drive

9 Commonwealth Ave, Newport, RI

Not Listed for Sale

Detached

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