NOT LISTED FOR SALE

3 Butler St Newport, RI 02840

Estimated Value: $779,000 - $1,147,000

2 Beds
2 Baths
1,378 Sq Ft
$695/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $840,000 $610 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,544/month

6 Days on Market

Highlights

  • Marina
  • Wood Burning Stove
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Cottage

About This Home

As of December 2021

Nantucket meets Newport, Lovingly restored/remodeled Traditional Newport cottage nestled in a quite North End neighborhood just a short walk to the lively Broadway restaurant scene, Narragansett bay and downtown Newport. This Bright & Airy two Bedroom two Bath was meticulously restored/rebuilt (by Owner/Contractor) from the foundation up including all new plumbing, electrical & HVAC.

The first floor open plan layout is perfect for entertaining, complete with bespoke Chefs Kitchen, Dining Area, large vaulted living room, a hallway leads you to a cozy Den/Bedroom with a gas fireplace. Also on the first floor is a sun porch, full bath, laundry and office space.

Two Sets of French doors from the Living room and sun porch welcome you to a beautiful bluestone patio dining area and landscaped Garden, including a custom built Exterior Shower, raised Garden Bed & Potting Shed.

Upstairs on the second level is the Main Bedroom & Bathroom complete with walk in shower and free standing Tub. There is ample storage with built in Closets.

This charming cottage is Ideal for year round living or perfect as a Newport Vacation home with all the City by the Sea has to offer. Enjoy easy access to the Bridge, Highway and TF green airport.

Last Agent to Sell the Property

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 10/25/2021

Last Buyer's Agent

Alex Nunes

Serhant Rhode Island License #RES.0044503

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,217

Year Built

  • Built in 1900

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Stone Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,378 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Storage Room
  • Wood Flooring
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 087
  • Assessor Parcel Number 3BUTLERSTNEWP

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,217

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1148
  • Above Grade Finished Sq Ft: 1378.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Wood Burning Stove
  • Living Area: 1378.0
  • Dining Room Type: Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

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: 5000.0
  • Parcel #: 3BUTLERSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4217.0
  • Tax Lot: 087
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Nov 29, 2021
Sold by
Hawthorne Phyllis F and Dunphy James A
Bought by
Bjork William and Bjork Patti B
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Alex Nunes
Serhant Rhode Island
List Price
$799,000
Sold Price
$840,000
Premium/Discount to List
$41,000
5.13%
Current Estimated Value
$957,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,267
Avg. Annual Appreciation
3.46%

Purchase Details

Closed on
Sep 25, 2019
Sold by
Hawthorne Phyllis F
Bought by
Hawthorne Phyllis F and Dunphy James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2015
Sold by
Strange Gary
Bought by
Hawthorne Phyllis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,468
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 5, 2012
Closed on
Nov 13, 2012
Sold by
Sardinha Joseph R and Lopes Roland
Bought by
Strange Gary
Seller's Agent
Anna Anton
William Raveis Inspire
Buyer's Agent
Nicholas Prefontaine
EXPERIENCE Real Estate
List Price
$189,000
Sold Price
$139,135
Premium/Discount to List
-$49,865
-26.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.13%
Original Mortgage
$138,188
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bjork William $840,000 None Available
Hawthorne Phyllis F -- --
Hawthorne Phyllis F $195,000 --
Strange Gary $139,135 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hawthorne Phyllis F $369,500
Previous Owner Hawthorne Phyllis F $191,468
Previous Owner Strange Gary $138,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $840,000 +5.1% $610 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $799,000 +474.3% $580 / Sq Ft
11/13/2012 11/13/12 Sold $139,135 -26.4% $143 / Sq Ft View Prior Sale
10/14/2012 10/14/12 Pending -- -- --
10/05/2012 10/05/12 For Sale $189,000 -- $194 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $5,632 $648,200 $169,500 $478,700
2024 $5,328 $648,200 $169,500 $478,700
2023 $4,485 $452,100 $129,800 $322,300
2022 $4,345 $452,100 $129,800 $322,300
2021 $4,218 $452,100 $129,800 $322,300
2020 $3,664 $356,400 $98,800 $257,600
2019 $3,664 $356,400 $98,800 $257,600
2018 $3,560 $356,400 $98,800 $257,600
2017 $3,429 $305,900 $76,000 $229,900
2016 $3,343 $305,900 $76,000 $229,900
2015 $3,264 $305,900 $76,000 $229,900
2014 $3,186 $264,200 $56,000 $208,200
Source: Public Records

Agents Affiliated with this Home

  • Alex Fraioli

    Seller's Agent in 2021

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    24 in this area

    136 Total Sales

    Alex Fraioli
    Section Image

  • A

    Buyer's Agent in 2021

    Alex Nunes

    Serhant Rhode Island

    (401) 316-5083

    3 in this area

    17 Total Sales

    Alex Nunes
    Section Image
  • Anna Anton

    Seller's Agent in 2012

    Anna Anton

    William Raveis Inspire

    (401) 935-1862

    1 in this area

    16 Total Sales

    Anna Anton
    Section Image

  • N

    Buyer's Agent in 2012

    Nicholas Prefontaine

    EXPERIENCE Real Estate

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1296498

State-Wide MLS

APN: NEWP-000009-000000-000087

Rhode Island Newport County Newport 02840

3 Butler St, Newport, RI

This home is located at 3 Butler St, Newport, RI 02840 since 25 October 2021 and is currently estimated at $957,267, approximately $694 per square foot. This property was built in 1900. 3 Butler St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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