3 Bridge St Newport, RI 02840
Estimated payment $16,343/month
Highlights
- Marina
- Colonial Architecture
- 4 Fireplaces
- Guest House
- Wood Flooring
- 3-minute walk to Cardines Field
About This Home
A Historic Gem Reimagined in Newport! Welcome to the Joseph Stevens Penny Post House, a masterfully restored Georgian residence built in the 18th century and fully renovated in 2017. This historic treasure includes a main house and a fully remodeled 780-square-foot Folly Guest House with atrium a rare dual-dwelling blocks from Newport Harbor. The main residence features 4 bedrooms, 3 full and 1 half baths, and showcases beautifully exposed post-and-beam timbers, custom caf -style blinds, and three gas fireplaces. The open-concept living/dining are ideal for entertaining, a stunning wine bar and a chef's kitchen with quartz countertops, JennAir appliances, custom cabinetry, and high-end fixtures. The 2nd floor offers 3 spacious bedrooms and 2 luxurious baths, with stain-resistant porcelain tile and Hansgrohe multi-head showers. 2 original wood-burning fireplaces add warmth and character. The 3rd floor loft includes a full bath, perfect for guests. The Folly Guest House is a striking blend of modern design and historic charm, features post-and-beam architecture, an airy atrium, and a spiral staircase. The loft has a bedroom with back-lit crown molding, a full bath with laundry, and natural light. New plumbing, electrical, HVAC, and water/sewer lines.3 off st parking spots, 2 res st passes, a prime location near Thames St shops, restaurants, and entertainment, a rare opportunity to own a true piece of Newport's architectural legacy elegantly modernized for today's lifestyle.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,890
Year Built
- Built in 1790
Lot Details
- 3,454 Sq Ft Lot
- Property is zoned R10
Home Design
- Colonial Architecture
- Antique Architecture
- Combination Foundation
- Clapboard
Interior Spaces
- 3,134 Sq Ft Home
- 2-Story Property
- Crown Molding
- 4 Fireplaces
- Self Contained Fireplace Unit Or Insert
- Stone Fireplace
- Fireplace Features Masonry
- Gas Fireplace
- Thermal Windows
- Unfinished Basement
- Crawl Space
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 3 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Patio
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Radiant Heating System
- 200+ Amp Service
- Gas Water Heater
Additional Features
- Guest House
- Property near a hospital
Listing and Financial Details
- Tax Lot 57
- Assessor Parcel Number 3BRIDGESTNEWP
Community Details
Overview
- The Point Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Map
Home Values in the Area
Average Home Value in this Area
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 | $16,368 | $1,991,300 | $533,000 | $1,458,300 |
| 2023 | $12,527 | $1,262,800 | $303,800 | $959,000 |
| 2022 | $12,136 | $1,262,800 | $303,800 | $959,000 |
| 2021 | $9,170 | $982,800 | $303,800 | $679,000 |
| 2020 | $9,304 | $905,100 | $281,700 | $623,400 |
| 2019 | $9,304 | $905,100 | $281,700 | $623,400 |
| 2018 | $9,042 | $905,100 | $281,700 | $623,400 |
| 2017 | $7,247 | $646,500 | $157,500 | $489,000 |
| 2016 | $7,066 | $646,500 | $157,500 | $489,000 |
| 2015 | $6,898 | $646,500 | $157,500 | $489,000 |
| 2014 | $9,724 | $806,300 | $133,900 | $672,400 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | For Sale | $2,850,000 | +81.0% | $909 / Sq Ft |
| 09/25/2018 09/25/18 | Sold | $1,575,000 | -7.1% | $438 / Sq Ft |
| 08/26/2018 08/26/18 | Pending | -- | -- | -- |
| 05/25/2018 05/25/18 | For Sale | $1,695,000 | -- | $471 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Guardian Deed | $1,575,000 | -- | |
| Warranty Deed | $450,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,260,000 | Purchase Money Mortgage | |
| Closed | $875,000 | Unknown | |
| Closed | $360,000 | New Conventional |
Source: State-Wide MLS
MLS Number: 1390702
APN: NEWP-000017-000000-000057
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