$303,500
SOLD SEP 28, 2017

31 Russell Ave Newport, RI 02840

North End Residential Neighborhood
3 Beds
1.5 Baths
1,251 Sq Ft
3,665 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

10% Below List Price

17 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Cottage
  • Golf Course Community
  • Attic
  • Recreation Facilities

About This Home

As of June 2025

Charming Cottage Located in a Desirable Newport Neighborhood. Low Maintenance Exterior with Vinyl Windows & Siding. Off Street Parking, Newly Fenced in Yard. Interior Offers Beautiful Wood Work Throughout, Large Dining Room, Eat in Kitchen & Beautiful Hardwood Floors. A Perfect Residence as a 1st Home or Vacation Home. Easy access to Newport Bridge & Downtown.

Last Agent to Sell the Property

Jennifer Lawrence

Lila Delman Compass License #REB.0014569 Listed on: 08/11/2017

Last Buyer's Agent

Ryan Hazinakis

Keller Williams Coastal License #RES.0040457

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1900

Lot Details

  • 3,665 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,251 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Storm Doors
  • Attic

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 074
  • Assessor Parcel Number 31RussellAVNEWP

Community Details

Overview

  • Malbone Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,883

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0841
  • Subdivision Name: Malbone - Broadway
  • Above Grade Finished Sq Ft: 1251.0
  • 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, Oven, Oil Water Heater, Range, Refrigerator, Tankless Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Attic, Cable TV
  • Living Area: 1251.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Schools, Public Transportation, Recreation Area, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3665.0
  • Parcel #: 31RussellAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2883.0
  • Tax Lot: 074
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2025
Closed on
Jun 13, 2025
Sold by
Pelletier Benjamin J
Bought by
Deroeve Jessica and Deroeve Joseph
Seller's Agent
Karin Jackson
Lila Delman Compass
Buyer's Agent
Kimberly Fleming
Gustave White Sotheby's Realty
List Price
$749,000
Sold Price
$792,000
Premium/Discount to List
$43,000
5.74%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-64.65%
Original Mortgage
$594,000
Outstanding Balance
$593,490
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$120,283

Purchase Details

Listed on
Aug 11, 2017
Closed on
Sep 28, 2017
Sold by
Sileo Peter J
Bought by
Pelletier Benjamin J
Seller's Agent
Jennifer Lawrence
Lila Delman Compass
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$339,000
Sold Price
$303,500
Premium/Discount to List
-$35,500
-10.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.25%
Original Mortgage
$303,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 1987
Bought by
Sileo Peter J and Sileo Barbara J
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed $792,000 None Available
Warranty Deed $303,500 --
Warranty Deed $303,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $594,000 Purchase Money Mortgage
Previous Owner $303,500 New Conventional
Previous Owner $95,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 For Rent $3,500 -12.5% --
07/17/2025 07/17/25 For Rent $4,000 0.0% --
06/13/2025 06/13/25 Sold $792,000 +5.7% $633 / Sq Ft
06/10/2025 06/10/25 Pending -- -- --
05/14/2025 05/14/25 For Sale $749,000 +146.8% $599 / Sq Ft
09/28/2017 09/28/17 Sold $303,500 -10.5% $243 / Sq Ft
08/29/2017 08/29/17 Pending -- -- --
08/11/2017 08/11/17 For Sale $339,000 -- $271 / 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
2024 $4,473 $641,700 $206,500 $435,200
2023 $4,289 $432,400 $146,000 $286,400
2022 $4,155 $432,400 $146,000 $286,400
2021 $4,034 $432,400 $146,000 $286,400
2020 $3,415 $332,200 $128,300 $203,900
2019 $3,415 $332,200 $128,300 $203,900
2018 $3,319 $332,200 $128,300 $203,900
2017 $2,957 $263,800 $75,000 $188,800
2016 $2,883 $263,800 $75,000 $188,800
2015 $2,815 $263,800 $75,000 $188,800
2014 $2,960 $245,400 $67,100 $178,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jason Brown

    William Raveis Inspire

    (401) 846-3800

    27 Total Sales

    Jason Brown
    Section Image
  • Karin Jackson

    Seller's Agent in 2025

    Karin Jackson

    Lila Delman Compass

    (401) 338-3771

    3 in this area

    159 Total Sales

    Karin Jackson
    Section Image

  • A

    Seller Co-Listing Agent in 2025

    Amy Brown

    William Raveis Inspire

    (401) 829-2278

    Amy Brown
    Section Image
  • Kimberly Fleming

    Buyer's Agent in 2025

    Kimberly Fleming

    Gustave White Sotheby's Realty

    (401) 935-9075

    1 in this area

    52 Total Sales

    Kimberly Fleming
    Section Image
  • Jennifer Lawrence

    Seller's Agent in 2017

    Jennifer Lawrence

    Lila Delman Compass

    (401) 848-2101

    65 Total Sales

    Jennifer Lawrence
    Section Image
  • Ryan Hazinakis

    Buyer's Agent in 2017

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    2 in this area

    142 Total Sales

    Ryan Hazinakis
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1170437

State-Wide MLS

APN: NEWP-000007-000000-000074

Rhode Island Newport County Newport 02840 North End Residential

31 Russell Ave, Newport, RI

This home is located at 31 Russell Ave, Newport, RI 02840 and is currently priced at $303,500, approximately $242 per square foot. This property was built in 1900. 31 Russell Ave 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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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