$2,600,000
SOLD MAR 14, 2025

41 Third St Newport, RI 02840

5 Beds
4.5 Baths
2,662 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$977 Per Sq Ft

102 Days on Market

Highlights

  • Marina
  • Colonial Architecture
  • 5 Fireplaces
  • Guest House
  • Wood Flooring
  • 5-minute walk to Battery Park

About This Home

As of March 2025

Completely Renovated! Welcome to 41 3rd Street. A quintessential colonial located in the Historic point that has been beautifully maintained by the current owners. This home offers 6 bedrooms, 4 bathrooms, comfortably sleeping 12. There is off-street parking for two cars side by side, a fenced yard with a beautiful tiered patio leading to a versatile shed (gas water and electric in place) that has multiple possibilities for new owners to explore. Gardens with mature plantings and gorgeous hydrangea highlight the perimeter of the private yard. The main house has three levels of living and multiple rooms to gather together or spread out and find privacy. The first floor has kitchen with large dining area comfortably seating 8. There's a cozy den with fireplace off the kitchen leading to the large family room at the front of the house. The adjacent TV room perfect for snuggling up in front of one multiple fireplaces. The second level offers a master bedroom spacious enough for a king bed with fireplace and and en-suite bath& walk-in shower. Down the hall in the back of the property is a guest bedroom, & a second bathroom with laundry and cedar closet. The third-floor offers 4 bedrooms comfortably sleeping eight of your guests or family along with a tub style bath. There are plenty of closets for storage through out the house. Detached guest cottage with electric, plumbing and gas. The location makes for a year round gem! Sale subject to sellers finding suitable housing.

Last Agent to Sell the Property

Joseph Costa

Mott & Chace Sotheby's Intl. License #RES.0046313 Listed on: 09/06/2024

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Joseph Costa

Mott & Chace Sotheby's Intl. License #RES.0046313 Listed on: 09/06/2024

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,620

Year Built

  • Built in 1720

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Masonry
  • Plaster

Interior Spaces

  • 2,662 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 5 Fireplaces
  • Fireplace Features Masonry
  • Gas Fireplace
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Outbuilding

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Guest House
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 088
  • Assessor Parcel Number 41THIRDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,620

Year Built

Built in 1720

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 2662.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1720
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Masonry
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Cedar Closet(s), Skylights, Stall Shower, Tub Shower, Cable TV
  • Living Area: 2662.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Masonry, Shingle Siding, Wood Siding
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Stone
  • Other Structures: Guest House, Outbuilding

Garage/Parking

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

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Public Transportation, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 41THIRDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 16620.0
  • Tax Lot: 088
  • Tax Map Number: 12
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2024
Closed on
Mar 12, 2025
Sold by
Reiser Thomas A and Reiser Camille C
Bought by
Harris Gerald W and Harris Leah K
Seller's Agent
Joseph Costa
Mott & Chace Sotheby's Intl.
Buyer's Agent
Joseph Costa
Mott & Chace Sotheby's Intl.
List Price
$2,600,000
Sold Price
$2,600,000
Views
102
Current Estimated Value
$2,565,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,322
Avg. Annual Appreciation
-2.76%

Purchase Details

Closed on
Nov 18, 2021
Sold by
Madden John P and Madden Mary B
Bought by
Reiser Thomas A and Reiser Camille C

Purchase Details

Closed on
Jul 30, 2004
Sold by
Baxter House Llc
Bought by
Madden John and Madden Mary

Purchase Details

Closed on
Oct 23, 1996
Sold by
Craig Edward J and Craig Valentine
Bought by
Weiss Stephen A and Weiss Gretchen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
8.22%
Source: Public Records

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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 $2,600,000 None Available
Warranty Deed $2,600,000 None Available
Warranty Deed $1,495,000 None Available
Warranty Deed $1,495,000 None Available
Deed $829,500 --
Deed $829,500 --
Warranty Deed $235,000 --
Warranty Deed $235,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $207,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $2,600,000 0.0% $977 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
09/06/2024 09/06/24 For Sale $2,600,000 -- $977 / 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 $15,620 $1,900,300 $486,700 $1,413,600
2023 $11,440 $1,153,200 $320,400 $832,800
2022 $11,223 $1,167,800 $320,400 $847,400
2021 $10,759 $1,153,200 $320,400 $832,800
2020 $10,010 $973,700 $285,800 $687,900
2019 $10,010 $973,700 $285,800 $687,900
2018 $9,727 $973,700 $285,800 $687,900
2017 $9,138 $815,200 $219,900 $595,300
2016 $8,910 $815,200 $219,900 $595,300
2015 $8,698 $815,200 $219,900 $595,300
2014 $9,217 $764,300 $171,900 $592,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1368009

State-Wide MLS

APN: NEWP-000012-000000-000088