$3,700,000
SOLD SEP 11, 2024
5 Beds
5.5 Baths
4,885 Sq Ft
1 Acres

Recently Sold

$757 Per Sq Ft

7% Below List Price

280 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wine Cellar
  • Water Views
  • Water Access
  • Colonial Architecture

About This Home

As of September 2024

Waterviews of the Sakonnet-This stunning 5-bedroom contemporary,is situated on one peaceful acre amid other estates on serene Indian Ave,minutes away from the hustle and bustle of downtown Newport.The sophisticated home,designed by award-winning NY City architects,provides a flawless mix of historical charm and luxurious contemporary amenities.Breathtaking entry foyer w/signature floor-to-ceiling Kolbe doors and windows offers expansive views of the Sakonnet Passage.Meticulously designed,the 5000 sq ft home,draws on over 20 years of high end residential design and construction expertise.The home provides two primary suites:one on the ground floor,and the other w/ water views on the second level.3 large additional en-suite bedrooms, complete this floor.Recent improvements:newly refinished quarter-sawn pale oak floors,and an epoxy coated floor in the finished,oversized 3-bay garage.The residence is centered around an outdoor courtyard w/ Windsor stone terrace for outdoor dining,which also floods interior spaces with natural light.The sun-drenched contemporary kitchen includes a large island,quartz countertops,Bertazzoni and Sub-Zero appliances,and an adjacent breakfast room w/ banquette seating for eight.Steps to water access at Pebble Beach offers a welcoming spot for a tranquil morning or afternoon swim.Or grab a bike and head to Third Beach or Sachuest Point to enjoy nearly 3 miles of coastal walking trails.Newport Harbor world-class golf and sailing are both close at hand.

Last Agent to Sell the Property

Dina Karousos

Gustave White Sotheby's Realty Brokerage Phone: 401-849-3000

Gustave White Sotheby's Realty

Last Buyer's Agent

Jackie Hefner

William Raveis Inspire License #RES.0027808

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,309

Year Built

  • Built in 2018

Lot Details

  • 1 Acre Lot
  • Property is zoned R40

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 4,885 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Stone Fireplace
  • Thermal Windows
  • Wine Cellar
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 46
  • Assessor Parcel Number 766INDIANAVMDLT

Community Details

Overview

  • Water View | Indian Avenue Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,309

Year Built

Built in 2018

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Inclusions: Taxes reflect prior tax rate. Assessed value reflects new Town of Middletown assessment.
  • Subdivision Name: Water View | Indian Avenue
  • Above Grade Finished Sq Ft: 4885.0
  • Architectural Style: Contemporary, Colonial
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 2018
  • Property Sub Type Additional: Single Family Residence
  • Attribution Contact: 401-849-3000
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathroom Rough-In, Bathtub, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Stall Shower, Tub Shower, Cable TV, Wine Cellar
  • Living Area: 4885.0
  • Dining Room Type: Storage Room, Utility Room, Wine Cellar, Workshop
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Masonry, Wood Siding
  • Exterior Features: Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • Parcel #: 766INDIANAVMDLT
  • Zoning: R40
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18309.0
  • Tax Lot: 46
  • Tax Year: 2023

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2024 09/11/24 Sold $3,700,000 -7.4% $757 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
11/07/2023 11/07/23 For Sale $3,995,000 +6.5% $818 / Sq Ft
09/05/2023 09/05/23 Sold $3,750,000 0.0% $768 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
05/06/2023 05/06/23 Price Changed $3,750,000 -5.1% $768 / Sq Ft
02/01/2023 02/01/23 For Sale $3,950,000 +777.8% $809 / Sq Ft
10/10/2015 10/10/15 Sold $450,000 -21.7% $229 / Sq Ft
09/10/2015 09/10/15 Pending -- -- --
08/29/2015 08/29/15 For Sale $575,000 -- $292 / Sq Ft
Source: State-Wide MLS

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 $36,507 $3,242,200 $1,673,200 $1,569,000
2023 $19,177 $1,523,200 $662,000 $861,200
2022 $18,309 $1,523,200 $662,000 $861,200
2021 $18,309 $1,523,200 $662,000 $861,200
2020 $20,446 $1,485,900 $636,600 $849,300
2018 $16,094 $1,170,500 $636,600 $533,900
2016 $8,253 $535,200 $529,400 $5,800
2015 $9,090 $604,400 $529,400 $75,000
2014 $9,202 $572,600 $489,600 $83,000
2013 $10,645 $677,600 $489,600 $188,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,500,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,540,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $506,250 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $3,700,000 None Available
Warranty Deed $3,700,000 None Available
Warranty Deed $675,000 --
Warranty Deed $450,000 --
Warranty Deed $675,000 --
Warranty Deed $450,000 --
Source: Public Records

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Source: State-Wide MLS

MLS Number: 1346886

State-Wide MLS

APN: MIDD-000129-000000-000046