F
Seller's Agent in 2024
Francis Maher
Mott & Chace Sotheby's Intl.
(401) 396-7342
2 in this area
7 Total Sales
3 3rd St Newport, RI 02840
Estimated Value: $1,007,000 - $1,130,000
2
Beds
1.5
Baths
1,100
Sq Ft
$965/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Bathtub with Shower
- Tankless Water Heater
- Cooling System Mounted In Outer Wall Opening
- Patio
- 1-minute walk to Eisenhower Park
About This Home
As of January 2024This move in ready, modernized 1920's house located in the historic and highly sought-after Point neighborhood is ideal for anyone seeking in Newport. A very short walk to downtown, Goat Island and the harbor, this location provides easy access to dining, shopping and outdoor recreation and all that Newport has to offer, without getting in your car. Rooms are defined by high ceilings, black and white decor and white washed original hard pinewood flooring. The open floor plan is filled with light, with designated spaces for kitchen, dining and living areas. The first floor includes a half bath and laundry. Southern facing French doors lead to an expansive blue stone patio allowing for gracious outdoor entertaining. Two spacious bedrooms and full bath occupy the second floor. The property includes Anderson Replacement windows throughout, a delightful perennial garden and fenced yard with gates for optional off street parking, a 50 square foot storage shed and an outdoor shower. Artistically renovated in 2018, with additional updates since, 3 Third Street is perfect for those hunting for a high-styled low-maintenance abode. Many of the furnishings are negotiable in the sale. Great location for those considering rental income as well with it's proximity to downtown, parks and Goat Island.
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. License #RES.0046508 Listed on: 11/30/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,007
Year Built
- Built in 1910
Lot Details
- 2,178
Parking
- No Garage
Home Design
- Bungalow
- Brick Foundation
- Masonry
Interior Spaces
- 1,100 Sq Ft Home
- 2-Story Property
- Wood Flooring
- Crawl Space
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating and Cooling System
- Radiant Heating System
- 100 Amp Service
- Tankless Water Heater
Additional Features
- Patio
- 2,178 Sq Ft Lot
Community Details
- The Point Subdivision
Listing and Financial Details
- Tax Lot 88
- Assessor Parcel Number 3THIRDSTNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 30, 2023
Closed on
Jan 16, 2024
Sold by
Chevrette Benjamin and Humphreys Scott
Bought by
Nolan Mark E and Nolan Susan A
Seller's Agent
Francis Maher
Mott & Chace Sotheby's Intl.
Buyer's Agent
Beth DeSista
Residential Properties Ltd.
List Price
$929,000
Sold Price
$930,000
Premium/Discount to List
$1,000
0.11%
Views
103
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,354
Avg. Annual Appreciation
8.57%
Original Mortgage
$455,000
Outstanding Balance
$447,435
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$619,424
Purchase Details
Closed on
Sep 1, 2017
Sold by
Kalousdian Jeffrey M
Bought by
Schmitz Peter E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.38%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Nolan Mark E | $930,000 | None Available | |
| Schmitz Peter E | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nolan Mark E | $455,000 | |
| Previous Owner | Schmitz Peter E | $280,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2024 01/16/24 | Sold | $930,000 | +0.1% | $845 / Sq Ft |
| 12/26/2023 12/26/23 | Pending | -- | -- | -- |
| 11/30/2023 11/30/23 | For Sale | $929,000 | -- | $845 / 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 |
|---|---|---|---|---|
| 2025 | $6,560 | $913,700 | $428,900 | $484,800 |
| 2024 | $7,511 | $913,700 | $428,900 | $484,800 |
| 2023 | $5,977 | $602,500 | $282,300 | $320,200 |
| 2022 | $5,735 | $596,800 | $282,300 | $314,500 |
| 2021 | $5,568 | $596,800 | $282,300 | $314,500 |
| 2020 | $3,843 | $373,800 | $250,700 | $123,100 |
| 2019 | $3,843 | $373,800 | $250,700 | $123,100 |
| 2018 | $3,734 | $373,800 | $250,700 | $123,100 |
| 2017 | $3,935 | $351,000 | $214,200 | $136,800 |
| 2016 | $3,836 | $351,000 | $214,200 | $136,800 |
| 2015 | $3,745 | $351,000 | $214,200 | $136,800 |
| 2014 | $3,727 | $309,000 | $167,500 | $141,500 |
Source: Public Records
Agents Affiliated with this Home
-
Francis Maher
-
Beth DeSista
Buyer's Agent in 2024
Beth DeSista
Residential Properties Ltd.
(401) 486-8397
2 in this area
87 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1348994
APN: NEWP-000016-000000-000088
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