NOT LISTED FOR SALE

90 3rd St Newport, RI 02840

Estimated Value: $893,000 - $927,000

2 Beds
2 Baths
1,303 Sq Ft
$700/Sq Ft Est. Value

Last Sold February 29, 2024

Last sale price $840,000 $645 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,475/month

39 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Cottage
  • Golf Course Community
  • Tennis Courts
  • 2-minute walk to Hunter Park

About This Home

As of February 2024

c.1895 the "Cady House" has been lovingly maintained and refurbished with an attention to detail and a great example of a traditional Point cottage. Offering an open floor plan loaded with period detail the two bed, two full bath home is extremely comfortable. As you enter the first floor the inviting sitting area is a wonderful place to relax, read or enjoy the morning sun, the comfortable living area and dining space is flooded with natural light and accented by original hardwood floors, period moldings and supported by one of the two full baths. The oversized galley kitchen flows nicely out to the west facing and fenced back back yard with beautiful blue stone patio and new outdoor shower. The second floor offers a large primary bedroom with new full bath and a secondary bedroom. Located within a short walk to town or the harbor this property won't last!

Last Agent to Sell the Property

Eric Kirton

Lila Delman Compass License #REB.0018697 Listed on: 01/20/2024

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,174

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned R10

Parking

  • No Garage

Home Design

  • Cottage
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,303 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 09
  • Assessor Parcel Number 903RDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,174

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 1303.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1303.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • Parcel #: 903RDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5174.0
  • Tax Lot: 09
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2024
Closed on
Feb 29, 2024
Sold by
Reinhardt Matthew P and Reinhardt Julia N
Bought by
Stearns Kelly M
Seller's Agent
Eric Kirton
Lila Delman Compass
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$875,000
Sold Price
$840,000
Premium/Discount to List
-$35,000
-4%
Views
60
Current Estimated Value
$911,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,635
Avg. Annual Appreciation
6.25%
Original Mortgage
$672,000
Outstanding Balance
$664,039
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$247,596

Purchase Details

Closed on
Jun 5, 2019
Sold by
Reinhardt Matthew P and Reinhardt Julia N
Bought by
Reinhardt Matthew P and Reinhardt Julia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Interest Rate
4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 8, 2016
Closed on
Jun 23, 2017
Sold by
Medeiros Peter S and Medeiros James K
Bought by
Simons Julia N and Reinhardt Matthew P
Seller's Agent
Kirsten McAleer
Hogan Associates Christie's
Buyer's Agent
Eric Kirton
Lila Delman Compass
List Price
$385,000
Sold Price
$335,000
Premium/Discount to List
-$50,000
-12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.26%
Original Mortgage
$268,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Stearns Kelly M $840,000 None Available
Reinhardt Matthew P -- --
Simons Julia N $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stearns Kelly M $672,000
Previous Owner Reinhardt Matthew P $309,000
Previous Owner Simons Julia N $268,000
Previous Owner Reinhardt Matthew P $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2024 02/29/24 Sold $840,000 -4.0% $645 / Sq Ft
01/20/2024 01/20/24 For Sale $875,000 +161.2% $672 / Sq Ft
06/23/2017 06/23/17 Sold $335,000 -13.0% $308 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
11/08/2016 11/08/16 For Sale $385,000 -- $354 / 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 $5,563 $798,200 $429,900 $368,300
2023 $5,148 $519,000 $283,000 $236,000
2022 $4,988 $519,000 $283,000 $236,000
2021 $4,842 $519,000 $283,000 $236,000
2020 $4,180 $406,600 $278,700 $127,900
2019 $4,180 $406,600 $278,700 $127,900
2018 $4,062 $406,600 $278,700 $127,900
2017 $4,172 $372,200 $214,300 $157,900
2016 $4,068 $372,200 $214,300 $157,900
2015 $3,971 $372,200 $214,300 $157,900
2014 $3,918 $324,900 $167,500 $157,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1351348

State-Wide MLS

APN: NEWP-000009-000000-000130