NOT LISTED FOR SALE

5 3rd St Newport, RI 02840

Estimated Value: $729,000 - $971,000

2 Beds
1.5 Baths
1,098 Sq Ft
$791/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $583,500 $531 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $5,049/month

167 Days on Market

Highlights

  • Marina
  • Antique Architecture
  • Attic
  • Golf Course Community
  • Wood Flooring
  • 3-minute walk to Storer Park

About This Home

As of April 2021

Historic, charming and eclectic. This extraordinary cottage has been uniquely handcrafted with polished cement surfaces, built-in cabinets and antique elements. A lovely enclosed yard provides wonderful privacy and great outdoor shower. Desirable location is just a short walk to Newport Harbor, Washington Square, shops, theaters, restaurants, Newport Shipyard and all that Newport has to offer.

Last Agent to Sell the Property

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942 Listed on: 09/29/2020

Last Buyer's Agent

Michelle Kirby

Gustave White Sotheby's Realty License #RES.0019942 Listed on: 09/29/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,263

Year Built

  • Built in 1857

Lot Details

  • 1,307 Sq Ft Lot
  • Fenced

Parking

  • No Garage

Home Design

  • Antique Architecture
  • Cottage
  • Block Foundation
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,098 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Legal Lot and Block 87 / 4
  • Assessor Parcel Number 5THIRDSTNEWP

Community Details

Overview

  • Historic Point/Newport Harbor Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,263

Year Built

Built in 1857

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: Historic Point/Newport Harbor
  • Above Grade Finished Sq Ft: 1098.0
  • Architectural Style: Cabin/Cottage, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1857
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 1098.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard
  • Foundation Details: Block, Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 1307.0
  • Parcel #: 5THIRDSTNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4263.0
  • Tax Block: 4
  • Tax Lot: 87
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2016
Sold by
Sturtevant Thomas G
Bought by
Sturtevant Edward G
Current Estimated Value
$868,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,600
Outstanding Balance
$122,924
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$745,947

Purchase Details

Closed on
Jun 27, 2002
Sold by
Dimauro Frank C and Mcsparren Thomas R
Bought by
Sturtevant Thomas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.92%
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
Sturtevant Edward G $189,500 --
Sturtevant Thomas C $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sturtevant Edward G $151,600
Previous Owner Sturtevant Thomas C $139,400
Previous Owner Sturtevant Thomas C $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $583,500 -5.9% $531 / Sq Ft
03/16/2021 03/16/21 Pending -- -- --
09/29/2020 09/29/20 For Sale $620,000 -- $565 / 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 $5,536 $637,100 $361,300 $275,800
2024 $5,237 $637,100 $361,300 $275,800
2023 $4,157 $419,100 $237,900 $181,200
2022 $4,028 $419,100 $237,900 $181,200
2021 $3,910 $419,100 $237,900 $181,200
2020 $4,263 $414,700 $275,200 $139,500
2019 $4,263 $414,700 $275,200 $139,500
2018 $4,143 $414,700 $275,200 $139,500
2017 $3,846 $343,100 $211,700 $131,400
2016 $3,750 $343,100 $211,700 $131,400
2015 $3,661 $343,100 $211,700 $131,400
2014 $3,394 $281,400 $165,500 $115,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1266081

State-Wide MLS

APN: NEWP-000016-000087-000004