Seller's Agent in 2024
Eric Kirton
Compass / Lila Delman Compass
(401) 743-2744
2 in this area
104 Total Sales
406 Bellevue Ave Newport, RI 02840
Bellevue Avenue and Estates Neighborhood
11
Beds
13.5
Baths
10,575
Sq Ft
1.02
Acres
Highlights
- Marina
- In Ground Pool
- Wood Flooring
- Golf Course Community
- Antique Architecture
- 8 Fireplaces
About This Home
As of January 2024Owned and operated by the Post Family since 1975 The Wayside Inn is a piece of Newport's history. Located on Bellevue Avenue and originally built in 1896 "Wayside" was the home of Elisha Dyer,IV who was a prominent member of the Exclusive "Four Hundred" of New York and Newport Society and also a descendent of Roger Williams, founder of the Rhode Island Colony.Well preserved, the property maintains much of its glorious original detail including soaring ceiling heights, original hardwood flooring, an extraordinary entry hall with paneled central staircase, 8 fireplaces and one of the few remaining ballrooms in Newport. Currently run as a bed and breakfast the home consists of 7 guest rooms all with en-suite baths and offers more than 10,000 sq ft of living space. As you enter the property you are greeted by a wonderful entry hall with an enormous limestone fireplace,a seating area as well and the expertly detailed staircase and handrail. This central space is flanked by an enormous ballroom to the left and a gracious dining room and guest room 1 to the right, the first floor also offers the innkeepers kitchen. The second floor is made up of 6 large guest rooms all with private bathrooms. The third and fourth floors offer wonderful overflow space and could be extra bedrooms or the innkeepers quarters. The estate sits on over an acre of land with a circular drive with porte corchere,an in-ground pool,a guest house/2 bed apt with a large garage below and ample parking
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $35,410
Year Built
- Built in 1896
Lot Details
- 1.02 Acre Lot
- Property is zoned R60
Parking
- 2 Car Detached Garage
Home Design
- Antique Architecture
- Brick Exterior Construction
- Stone Foundation
- Wood Siding
- Plaster
Interior Spaces
- 10,575 Sq Ft Home
- 4-Story Property
- 8 Fireplaces
- Fireplace Features Masonry
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 11 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- In Ground Pool
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 406BELLEVUEAVNEWP
Community Details
Recreation
- Marina
- Golf Course Community
Additional Features
- Bellevue Avenue Subdivision
- Public Transportation
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 10, 2024
Sold by
Bellevue Exchange Llc
Bought by
The Avenue Llc
Total Days on Market
220
Purchase Details
Listed on
May 5, 2023
Closed on
Jan 15, 2024
Sold by
Dorothy A Post Ret and Post-Tr
Bought by
Bellevue Exchange Llc
Seller's Agent
Eric Kirton
Compass / Lila Delman Compass
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$4,200,000
Sold Price
$2,900,000
Premium/Discount to List
-$1,300,000
-30.95%
Views
824
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,918,915
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 31, 2017
Sold by
Post Rt and Post
Bought by
Dorothy A Post Ret and Post
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 |
|---|---|---|---|
| The Avenue Llc | -- | None Available | |
| The Avenue Llc | -- | None Available | |
| The Avenue Llc | -- | None Available | |
| Bellevue Exchange Llc | $2,900,000 | None Available | |
| Bellevue Exchange Llc | $2,900,000 | None Available | |
| Bellevue Exchange Llc | $2,900,000 | None Available | |
| Dorothy A Post Ret | -- | -- | |
| Dorothy A Post Ret | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bellevue Exchange Llc | $2,918,915 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/16/2024 01/16/24 | Sold | $2,900,000 | -24.7% | $274 / Sq Ft |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- |
| 10/12/2023 10/12/23 | Price Changed | $3,850,000 | -8.3% | $364 / Sq Ft |
| 05/05/2023 05/05/23 | For Sale | $4,200,000 | -- | $397 / 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 | $41,363 | $2,849,200 | $2,000,700 | $848,500 |
| 2023 | $41,363 | $2,531,100 | $1,010,400 | $1,520,700 |
| 2022 | $0 | $2,531,100 | $1,010,400 | $1,520,700 |
| 2021 | $0 | $2,531,100 | $1,010,400 | $1,520,700 |
| 2020 | $41,363 | $2,682,400 | $893,600 | $1,788,800 |
| 2019 | $41,363 | $2,682,400 | $893,600 | $1,788,800 |
| 2018 | $40,182 | $2,682,400 | $893,600 | $1,788,800 |
| 2017 | $39,752 | $2,556,400 | $779,400 | $1,777,000 |
| 2016 | $38,755 | $2,556,400 | $779,400 | $1,777,000 |
| 2015 | $37,809 | $2,556,400 | $779,400 | $1,777,000 |
| 2014 | $37,862 | $2,264,500 | $738,400 | $1,526,100 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Kirton
-
Joe Fitzpatrick
Buyer's Agent in 2024
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
12 in this area
673 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1334630
APN: NEWP-000034-000000-000039
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