NOT LISTED FOR SALE

3 Cummings Rd Newport, RI 02840

North End Residential Neighborhood

Estimated Value: $566,000 - $597,546

3 Beds
1.5 Baths
1,080 Sq Ft
$541/Sq Ft Est. Value

Last Sold October 02, 2017

Last sale price $258,000 $239 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,362/month

Highlights

  • Cape Cod Architecture
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of January 2024

Nice 3 bedroom and one and a half bath clean house. Great, convenient location. Yearly rental.

Last Agent to Rent the Property

Richard Berlinsky

RI Properties License #REB.0014369 Listed on: 11/13/2023

Last Renter's Agent

Richard Berlinsky

RI Properties License #REB.0014369 Listed on: 11/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,139

Year Built

  • 1950

Lot Details

  • 3,354

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Unfinished Basement
  • Interior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • No Garage
  • Unassigned Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil

Community Details

  • No Home Owners Association
  • Melbone/Broadway Subdivision

Listing and Financial Details

  • Property Available on 12/1/23
  • 12 Month Lease Term
  • Assessor Parcel Number 3CUMMINGSRDNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,139

Year Built

1950

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2023-12-01
  • Security Deposit: 2800.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Melbone/Broadway
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 1080.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding

Garage/Parking

  • Parking Features: No Garage, Unassigned
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Hot Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 3CUMMINGSRDNEWP
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 3, 2017
Sold by
Jeanne C Kane T C and Jeanne Kane
Bought by
Equity Investments Gro
Seller's Agent
Shirley Mello
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Shirley Mello
RE/MAX Profnl. Newport, Inc.
List Price
$299,900
Sold Price
$258,000
Premium/Discount to List
-$41,900
-13.97%
Current Estimated Value
$584,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,637
Avg. Annual Appreciation
10.77%
Original Mortgage
$565,000
Outstanding Balance
$472,817
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$111,820

Purchase Details

Closed on
Sep 21, 2011
Sold by
Kane Bernard F and Kane Jeanne C
Bought by
Jeanne C Kane T

Purchase Details

Closed on
Oct 27, 1988
Sold by
Vlasaty Kenneth
Bought by
Kane Bernard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,600
Interest Rate
10.32%
Mortgage Type
Purchase Money Mortgage
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
Equity Investments Gro $258,000 --
Jeanne C Kane T -- --
Kane Bernard $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equity Investments Gro $565,000
Previous Owner Kane Bernard $124,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Rented $2,800 0.0% --
11/13/2023 11/13/23 For Rent $2,800 +33.3% --
07/30/2018 07/30/18 Rented $2,100 -99.2% --
06/30/2018 06/30/18 Under Contract -- -- --
10/02/2017 10/02/17 Sold $258,000 0.0% $239 / Sq Ft
09/25/2017 09/25/17 For Rent $2,300 0.0% --
09/02/2017 09/02/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $299,900 -- $278 / 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 $3,139 $437,200 $203,400 $233,800
2024 $3,594 $437,200 $203,400 $233,800
2023 $2,916 $294,000 $143,800 $150,200
2022 $2,825 $294,000 $143,800 $150,200
2021 $2,743 $294,000 $143,800 $150,200
2020 $2,977 $289,600 $128,000 $161,600
2019 $2,977 $289,600 $128,000 $161,600
2018 $2,893 $289,600 $128,000 $161,600
2017 $2,788 $248,700 $74,700 $174,000
2016 $2,718 $248,700 $74,700 $174,000
2015 $2,654 $248,700 $74,700 $174,000
2014 $2,885 $239,200 $66,900 $172,300
Source: Public Records

Agents Affiliated with this Home

  • Richard Berlinsky

    Landlord's Agent in 2024

    Richard Berlinsky

    RI Properties

    (401) 885-8888

    11 Total Sales

    Richard Berlinsky
    Section Image
  • Ryan Shea

    Buyer's Agent in 2018

    Ryan Shea

    HomeSmart Professionals

    (401) 855-3778

    1 in this area

    79 Total Sales

    Ryan Shea
    Section Image

  • S

    Seller's Agent in 2017

    Shirley Mello

    RE/MAX Profnl. Newport, Inc.

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1348045

State-Wide MLS

APN: NEWP-000007-000000-000524

Rhode Island Newport County Newport 02840 North End Residential

3 Cummings Rd, Newport, RI

This home is located at 3 Cummings Rd, Newport, RI 02840 since 13 November 2023 and is currently priced at $584,637. This property was built in 1950. 3 Cummings Rd 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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