NOT LISTED FOR SALE

Estimated Value: $2,996,000 - $5,374,191

5 Beds
8 Baths
7,879 Sq Ft
$573/Sq Ft Est. Value

Last Sold May 26, 2021

Last sale price $3,075,000 $390 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $27,907/month

227 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 3.05 Acre Lot
  • Water Views
  • Spa
  • Private Lot

About This Home

As of May 2021

Hilltop, the childhood home of Newport artist, Richard Grosvenor, was commissioned by Theodore W. Phinney and designed by noted architect Richard Morris Hunt. Enter the circular driveway through a wrought-iron gate to an oasis set back on a hill and surrounded by a plethora of specimen trees on over three acres of undulating grounds in a private setting. The interior has the ambiance of a baronial lodge filled with intricate wood details and characterized by a collage of free-flowing spaces as one moves from one room to another. A picture window with copious leaded glass panes bathes the soaring two-story library with morning sunlight and is flanked by a grand tiger-maple-and-oak staircase leading up to the stunning second-floor landing. Features include oak timber beams and joists with carved cattails, rosettes, egg-and-dart, and intricate basket-weave design throughout the first-floor public areas. The dining room with parquet floors looks out onto the living room's massive stone fireplace and has an exotic tiled Moroccan oven adorned with a bronze relief by the architect's brother, William Morris Hunt, and is currently being used as a digestif bar. It is only natural that the current owner and her late husband who had a passion for restoring vintage wooden boats would have a vision to bring the property back to life. Within walking distance to downtown Newport, Cliff Walk, beaches, tennis, golf, and yacht clubs, this hidden gem awaits its new steward.

Last Agent to Sell the Property

Jose Aguon

Gustave White Sotheby's Realty License #RES.0030702 Listed on: 09/10/2020

Gustave White Sotheby's Realty

Last Buyer's Agent

Annie Becker

Lila Delman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,867

Year Built

  • Built in 1870

Lot Details

  • 3.05 Acre Lot
  • Private Lot
  • Secluded Lot
  • Wooded Lot
  • Property is zoned R-10A

Home Design

  • Antique Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Combination Foundation
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 7,879 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • 8 Fireplaces
  • Marble Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Security System Owned
  • Intercom

Parking

  • 8 Parking Spaces
  • Carport
  • Driveway

Outdoor Features

  • Spa
  • Screened Patio
  • Porch

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 97105RUGGLESAVNEWP

Community Details

Overview

  • Ruggles Avenue Subdivision

Recreation

  • Marina
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,867

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.05
  • Subdivision Name: Ruggles Avenue
  • Above Grade Finished Sq Ft: 7879.0
  • Architectural Style: Historic/Antique
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1870
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Other Equipment: Intercom
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Masonry, Marble, Stone
  • Fireplaces: 8
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Marble, Parquet
  • Interior Amenities: Attic, Wet Bar, Cathedral Ceiling(s), Permanent Attic Stairs, Tub Shower, Elevator
  • Living Area: 7879.0
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Private, Secluded, Wooded
  • View: Water
  • View: Yes
  • Construction Type: Plaster, Brick, Clapboard, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Porch, Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Combination, Stone
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Schools
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 132858.0
  • Parcel #: 97105RUGGLESAVNEWP
  • Zoning: R-10A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 23867.0
  • Tax Lot: 005
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 1997
Sold by
Gemma Edward J and Gemma Leonard P
Bought by
Tiedemann Robert H and Tiedemann Elizabeth
Current Estimated Value
$4,511,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Outstanding Balance
$18,520
Interest Rate
7.65%
Estimated Equity
$4,492,877
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tiedemann Robert H $452,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tiedemann Robert H $162,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2021 05/26/21 Sold $3,075,000 -7.5% $390 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
09/10/2020 09/10/20 For Sale $3,325,000 -- $422 / 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 $49,838 $5,735,800 $1,438,200 $4,297,600
2024 $46,987 $5,716,200 $1,438,200 $4,278,000
2023 $16,831 $1,696,700 $975,700 $721,000
2022 $17,288 $1,799,000 $975,700 $823,300
2021 $24,403 $2,615,500 $975,700 $1,639,800
2020 $23,867 $2,321,700 $662,000 $1,659,700
2019 $23,867 $2,321,700 $662,000 $1,659,700
2018 $23,194 $2,321,700 $662,000 $1,659,700
2017 $23,594 $2,104,700 $535,000 $1,569,700
2016 $23,004 $2,104,700 $535,000 $1,569,700
2015 $22,457 $2,104,700 $535,000 $1,569,700
2014 -- $1,814,200 $418,200 $1,396,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1263870

State-Wide MLS

APN: NEWP-000040-000000-000005