NOT LISTED FOR SALE

34 3rd St Unit 1 Newport, RI 02840

Estimated Value: $511,000 - $770,000

2 Beds
1 Bath
850 Sq Ft
$21/mo HOA Fee

Last Sold June 30, 2015

Last sale price $242,000 $285 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $3,383/month

78 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Storm Windows
  • Wood Flooring
  • Cul-De-Sac
  • 5-minute walk to Storer Park

About This Home

As of June 2015

Desireable Point section of Newport. Walk to Seaport events, restaurants, waters edge. Private patio. Spacious, Charming Updated Decor. W/D in unit. 9ft Ceilings, Heart Pine flooring, oversized windows. No dogs. Convenient location near bridge.

Last Agent to Sell the Property

Loretta Swanson

William Raveis Inspire License #RES.0032358 Listed on: 03/13/2015

William Raveis Inspire

Last Buyer's Agent

Anna Anton

William Raveis Inspire License #RES.0024735

William Raveis Inspire

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,922

Year Built

  • Built in 1860

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 850 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Patio

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 293
  • Assessor Parcel Number 34THIRDST1NEWP

Community Details

Overview

  • 2 Units
  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,922

Year Built

Built in 1860

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE POINT
  • Above Grade Finished Sq Ft: 850.0
  • Building Name: 34 THIRD ST CONDOS
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1860
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Cable TV
  • Living Area: 850.0
  • Dining Room Type: Kitchen, Living Room, Master Bedroom
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 250.0
  • Association Fee Frequency: Annually
  • Pets Allowed: No, No Pet Restrictions, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 34THIRDST1NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2922.0
  • Tax Lot: 293
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2015
Closed on
Jul 1, 2015
Sold by
Holderman Marjorie
Bought by
Sakala Joyce B
Seller's Agent
Loretta Swanson
William Raveis Inspire
Buyer's Agent
Anna Anton
William Raveis Inspire
List Price
$260,000
Sold Price
$242,000
Premium/Discount to List
-$18,000
-6.92%
Current Estimated Value
$596,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,254
Avg. Annual Appreciation
9.21%

Purchase Details

Closed on
Oct 11, 2005
Sold by
Both Douglas C and Both Cheryl A
Bought by
Holderman Marjorie Mischo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.81%
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
Sakala Joyce B $242,000 --
Holderman Marjorie Mischo $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Holderman Marjorie Mischo $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $242,000 -6.9% $285 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $260,000 0.0% $306 / Sq Ft
07/03/2014 07/03/14 For Rent $1,150 0.0% --
07/03/2014 07/03/14 Rented $1,150 -- --
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 $2,560 $356,600 $0 $356,600
2024 $2,610 $374,500 $0 $374,500
2023 $2,466 $248,600 $0 $248,600
2022 $2,389 $248,600 $0 $248,600
2021 $2,319 $248,600 $0 $248,600
2020 $2,359 $229,500 $0 $229,500
2019 $2,359 $229,500 $0 $229,500
2018 $2,293 $229,500 $0 $229,500
2017 $2,716 $242,300 $0 $242,300
2016 $2,648 $242,300 $0 $242,300
2015 $2,585 $242,300 $0 $242,300
2014 -- $215,800 $0 $215,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1089773

State-Wide MLS

APN: NEWP-000012-000293-000001