$1,010,000
SOLD DEC 2, 2024
3 Beds
2 Baths
2,060 Sq Ft
0.34 Acres

Recently Sold

$490 Per Sq Ft

12% Below List Price

83 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Burning Stove
  • Beach Access
  • Deck
  • Wood Flooring

About This Home

As of December 2024

Beach Bound Beauty! Welcome to 331 Third Beach Road, an Idyllic location: private country seaside living at its best near the Atlantic Ocean with remarkable beaches that neighbor the protected lands of Norman Bird Sanctuary. Bike rides or walks to Sachuest Point National Wildlife Refuge, Sweet Berry Farm, a charming farm market, and Caf . This exceptional location is artistically known as Paradise Valley, surrounded by undeveloped land. This sun-lit ranch-style home offers one-level living, three bedrooms, and two baths, with two unique separate wings for private living. It also has a finished basement, a wood stove-set partial bath, an attached garage, and a quaint front porch with a spacious back deck overlooking pristine considerable grounds with mature gardens, specimen flowering trees, and award-winning rose gardens. A true gardener haven! The property provides an excellent opportunity to live in a secluded and tranquil setting with sensational ocean breezes yet minutes from Newport. Built in the 50s with a solid construction, integrity, and good maintenance, with unique and charming upgrades. Freshly painted with the original Red Oak flooring, all beautifully refinished. The perfect beach house, second home, year-round living, or a possible investment with Airbnb summer weekly rentals allowed. Come view this island oasis, ideally located to enjoy a remarkable coastal saltlife lifestyle. Move in ready!

Last Agent to Sell the Property

Karen LeBlanc

Coldwell Banker Realty License #RES.0033480 Listed on: 08/15/2024

Coldwell Banker Realty

Last Buyer's Agent

Leslie Hogan

Hogan Associates Christie's License #REB.0016899

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 1953

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R-20

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1-Story Property
  • Furnished
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Thermal Windows
  • Family Room
  • Workshop
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Home Security

  • Security System Owned
  • Storm Doors

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Outbuilding
  • Breezeway
  • Porch

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Power Generator
  • Well
  • Electric Water Heater
  • Private Sewer

Community Details

  • Marina
  • Golf Course Community
  • Recreation Facilities

Listing and Financial Details

  • Tax Lot 846
  • Assessor Parcel Number 331THIRDBEACHRDMDLT

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,214

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3444
  • Above Grade Finished Sq Ft: 1800.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Year Built: 1953
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 260.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Insert, Masonry, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Stall Shower, Furnished, Wood Burning Stove
  • Living Area: 2060.0
  • Dining Room Type: Bathroom, Family Room, Laundry, Utility Room, Workshop
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Masonry, Other, Wood Siding
  • Exterior Features: Breezeway, Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Security: Security System Owned
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Generator
  • Sewer: Other, Private Sewer
  • Water Source: Connected, Well

Condo/Co-op/Association

  • Community Features: Golf, Marina, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15000.0
  • Parcel #: 331THIRDBEACHRDMDLT
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5214.0
  • Tax Lot: 846
  • Tax Map Number: 125
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2024
Closed on
Dec 2, 2024
Sold by
Cofield Michael H and Cofield Steven C
Bought by
Kjolseth Thomas C and Kjolseth Martha C
Seller's Agent
Karen LeBlanc
Coldwell Banker Realty
Buyer's Agent
Leslie Hogan
Hogan Associates Christie's
List Price
$1,150,000
Sold Price
$1,010,000
Premium/Discount to List
-$140,000
-12.17%
Views
111
Current Estimated Value
$1,034,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,866
Avg. Annual Appreciation
1.76%
Original Mortgage
$757,500
Outstanding Balance
$754,706
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$266,073

Purchase Details

Closed on
Feb 21, 2024
Sold by
Cofield Survivos T and Cofield C
Bought by
Cofield Michael H and Cofield Steven C
Source: Public Records

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Range of Values:

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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 $1,010,000 None Available
Warranty Deed $1,010,000 None Available
Warranty Deed $1,010,000 None Available
Deed -- None Available
Deed -- None Available
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $757,500 Purchase Money Mortgage
Closed $757,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $1,010,000 -8.2% $490 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $1,100,000 -4.3% $534 / Sq Ft
08/15/2024 08/15/24 For Sale $1,150,000 -- $558 / 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 $8,844 $785,400 $560,500 $224,900
2023 $5,876 $466,700 $279,000 $187,700
2022 $5,610 $466,700 $279,000 $187,700
2021 $5,610 $466,700 $279,000 $187,700
2020 $5,549 $403,300 $215,600 $187,700
2018 $5,545 $403,300 $215,600 $187,700
2016 $5,958 $386,400 $222,100 $164,300
2015 $5,811 $386,400 $222,100 $164,300
2014 $5,787 $360,100 $194,100 $166,000
2013 $5,657 $360,100 $194,100 $166,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1366275

State-Wide MLS

APN: MIDD-000126-000000-000054