$258,000
SOLD OCT 2, 2017

3 Cummings Rd Newport, RI 02840

North End Residential Neighborhood
3 Beds
1.5 Baths
1,080 Sq Ft
3,360 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

14% Below List Price

14 Days on Market

Highlights

  • Cape Cod Architecture
  • Thermal Windows
  • Public Transportation
  • Wood Flooring
  • Bathtub with Shower
  • Shops

About This Home

As of October 2017

Newport Cottage with off street parking. Living room with fireplace, 3 bedrooms, 1 1/2 baths, wood floors and fenced in back yard make this an appealing place to call your home. This home is close to Nay, shopping and schools and has easy access highways and Newport Bridge.

Last Agent to Sell the Property

Shirley Mello

RE/MAX Profnl. Newport, Inc. License #RES.0025850 Listed on: 08/18/2017

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Shirley Mello

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,788

Year Built

  • Built in 1950

Lot Details

  • 3,360 Sq Ft Lot
  • Fenced

Home Design

  • Cape Cod Architecture
  • Cottage
  • Wood Siding
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,080 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 524
  • Assessor Parcel Number 3CummingsRDNEWP

Community Details

Overview

  • Malbone/Bedlow Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,788

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0771
  • Subdivision Name: Malbone/Bedlow
  • Above Grade Finished Sq Ft: 1080.0
  • Architectural Style: Cabin/Cottage, Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 1080.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Shingle Siding, Vinyl Siding, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3360.0
  • Parcel #: 3CummingsRDNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2788.0
  • Tax Lot: 524
  • Tax Year: 2016

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
$611,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,228
Avg. Annual Appreciation
11.38%
Original Mortgage
$565,000
Outstanding Balance
$472,817
Interest Rate
3.89%
Mortgage Type
Commercial
Estimated Equity
$138,411

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 Type Sale Price Title Company
Deed $258,000 --
Quit Claim Deed -- --
Warranty Deed $138,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $565,000 Commercial
Previous Owner $124,600 Purchase Money Mortgage
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

    Seller'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: 1171187

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 and is currently priced at $258,000, approximately $238 per square foot. 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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