See Home Value
Newport 02840
31 Old Beach Road
$3,600,000 - $4,398,000
House - Off Market

31 Old Beach Road

Newport, RI 02840
bedrooms
10 Beds
bathrooms
12.5 Baths, 1 Half Bath
square feet
5707 Sqft
Sold Apr 20, 2007
$1,325,000
$1,258,750 by Radius Financial Grp
Mortgage
Sold Jul 01, 1996
$372,000
$334,800 by Norwest Mortgage Inc
Mortgage

About This Property

Welcome to this exquisite home nestled in the prestigious Top-of-the-Hill neighborhood. Centrally located between downtown and the beaches, this historic gem offers a harmonious blend of original period details c. 1873 with modern amenities, creating a truly unique living experience. Boasting an impressive 10 bedrooms, this home provides ample space for comfortable living. Each room is thoughtfully designed blending elegance & functionality with multiple private en suites ensuring relaxation for every member of the household. Step inside and be captivated by the intricate woodwork that adorns the walls showcasing the craftsmanship of a bygone era. The chef's kitchen is a culinary enthusiast's' dream, equipped with top appliances and ample counter space to create gourmet meals. The 12 fireplaces exude an ambiance that is both inviting and luxurious. Situated on a corner lot, this property offers a serene setting and curb appeal. The mature gardens surrounding the home provide tranquility. Imagine spending lazy afternoons on the veranda or patio making lasting memories with family and friends. A delightful surprise awaits in the form of an enchanting tree house. This whimsical retreat is sure to please both the young & young at heart. The potential to add a modest pool and garage only enhance the lifestyle. With easy access to world-class dining, shopping, and entertainment options, embrace the vibrant community and immerse yourself in the rich history & culture of Newport.

The manager has listed the unit size as 5707 square feet.
Unit Size
5,707Ft²
Days on Market
-
Land Size
0.36 acres
Price per sqft
$701
Property Type
House
Property Taxes
$1,757
HOA Dues
-
Year Built
1873

Price History

Date / Event Date Event Price
Dec 19, 2023 No longer available -
No longer available
Jun 29, 2023 Price Decreased $3,999,399
↓ $501K (11.1%)
Price Decreased
Mar 10, 2023 Listed $4,500,000
Listed
Jul 12, 2022 No longer available -
No longer available
Jul 16, 2021 Listed $4,500,000
Listed
Presenting "The George Champlin Mason House", the private estate of Newport's most famed native architect whose works include The Eisenhower House, Chepstow and the Naval War College. The mansion has been meticulously restored and features 12 bedrooms and 13 bathrooms. Highlights of the main floor include a handsome library with gas fireplace and double doors to a gracious covered porch, a large formal dining room serviced by a butlers kitchen, a fully updated kitchen with exposed shelving…
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Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1873
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 14
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Slate
  • Floor Count: 3
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,468
  • Total Building Area: 5,364
  • Gross Building Area: 9,000
  • Building Area: 5,364
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,677
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.355
  • Standard Land Use Code: Commercial building

Ownership

  • Current Owner : MAIONE NICHOLAS R
  • Current Owner 2: HANDLEY BRIAN M
  • Previous Owner : TYLER HARLAN
  • Previous Owner 2: TYLER SHEILA
  • Owner Before Previous Owner: SYNNOTT PRISCILLA A

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT PS
  • Census Tract: 040800

Zoning

  • Zoning: R10

Geography

  • Account Number: R04962
  • Parcel: NEWP M:026 B:0021
  • Block: 21
  • Municipality: NEWPORT
  • Latitude: 41.4868
  • Longitude: -71.3051

    Address

  • Full Address: 31 Old Beach Rd
  • Address - House Number: 31
  • Address - Street Name: Old Beach
  • Address - Suffix Type: Rd
  • State: RI
  • City Name: Newport
  • Carrier Code: C008
  • 4-Digit Zip Code: 3350
  • Zip Code: 02840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,080

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,389,750
  • First Open Lien Mortgage Lender: RADIUS FINANCIAL GRP
  • First Open Lien Mortgage Recording Date: Apr 20, 2007
  • First Open Lien Mortgage Loan Amount: $1,258,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: US BANK NA
  • Second Open Lien Mortgage Recording Date: May 19, 2017
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $131,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: May 01, 2047

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,416,700
  • Assessed Land Value: $488,000
  • Assessed Improvements Value: $928,700

    Sales

  • Current Sale Recording Date: Apr 20, 2007
  • Current Sale Transaction ID: 1200945060
  • Current Sale Price: $1,325,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 01, 1996
  • Previous Sale Amount: $372,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RADIUS FINANCIAL GRP
  • First Mortgage Transaction Date: Apr 20, 2007
  • First Mortgage Loan Amount: $1,258,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: NORWEST MORTGAGE INC
  • Previous Mortgage Transaction Date: Jul 01, 1996
  • Previous Mortgage Loan Amount: $334,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
7 Beds
4.5 Baths
4,336 ft²
$852/ft²
$3,695,000 May 18, 2023
-
$1,424/mo
In Contract
House
6 Beds
7 Baths
4,023 ft²
$870/ft²
$3,499,999 May 1, 2023
-
$1,230/mo

About Newport


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Frequently Asked Questions

When was property at 31 Old Beach Road built and last sold?
The property at 31 Old Beach Road was built in 1873 and last sold on Jan 1, 1970 for $1,325,000.
How much is this home worth?
The estimated value of the home located at 31 Old Beach Road is $4,039,393.
What are some comparable homes to 31 Old Beach Road?
There are currently no comparable homes to 31 Old Beach Road.

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