5 3rd St Newport, RI 02840
Estimated Value: $721,000 - $897,000
4
Beds
4
Baths
2,280
Sq Ft
$345/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Bathtub with Shower
- Water Access
- Tennis Courts
- 3-minute walk to Storer Park
About This Home
As of April 2017The Baxter-Gladding houses are two stand alone Victorian style cottages (circa 1860 & 1880) situated on one lot in the colonial Point section of Newport. Both homes have been tastefully restored and are listed on the National Historic Register. Each home has two bedrooms with 1.5 baths. The kitchen at 19 Third Street has Brazilian granite countertops, a built-in gas range, shaker style cabinets, and a spacious pantry. The living area has a cozy gas fireplace and French doors with a lovely view looking out at beautiful, mature gardens. There are warm hardwood floors throughout. The kitchen in the guest cottage at 19.5 Third Street has cherry cabinets with black tile countertops. The living area also has a view of the back gardens through a Dutch door. Both homes have separate utilities. Just a short stroll to the downtown area and Newport Harbor. Note: Optional off street parking has been approved. Both homes have excellent income potential.
Last Agent to Sell the Property
The Greene Realty Group License #REB.0016396 Listed on: 02/22/2017
Last Buyer's Agent
Elizabeth Sweeny
PRUDENTIAL PRIME PROPERTIES/AV
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,456
Year Built
- Built in 1860
Lot Details
- 2,500
Parking
- No Garage
Home Design
- Pillar, Post or Pier Foundation
- Shingle Siding
- Clapboard
- Plaster
Interior Spaces
- 2,280 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Wood Flooring
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Water Access
- Walking Distance to Water
- Patio
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Additional Features
- 2,500 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 19-19.5THIRDSTNEWP
Community Details
Overview
- 4 Units
- The Point Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
Building Details
- Operating Expense $12,000
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
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
Interest Rate
3.57%
Mortgage Type
New Conventional
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
Similar Home in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | Boen Colleen | $548,000 | |
| Closed | 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 |
|---|---|---|---|---|
| 04/18/2017 04/18/17 | Sold | $825,000 | 0.0% | $362 / Sq Ft |
| 03/19/2017 03/19/17 | Pending | -- | -- | -- |
| 02/22/2017 02/22/17 | For Sale | $825,000 | -- | $362 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $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
-
Derek Greene
Seller's Agent in 2017
Derek Greene
The Greene Realty Group
(860) 560-1006
2,912 Total Sales
-
E
Buyer's Agent in 2017
Elizabeth Sweeny
PRUDENTIAL PRIME PROPERTIES/AV
Map
Source: State-Wide MLS
MLS Number: 1150745
APN: NEWP-000016-000087-000004
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