NOT LISTED FOR SALE

97 3rd St Newport, RI 02840

Estimated Value: $1,475,000 - $2,628,000

4 Beds
3 Baths
5,757 Sq Ft
$327/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $866,000 $150 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $10,885/month

50 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Walking Distance to Water
  • Deck
  • Tennis Courts
  • 1-minute walk to Hunter Park

About This Home

As of September 2018

Beautiful, Newport Historic Point Victorian home is a combination of old world charm and modern comfort and livability. Floor plan is spacious and open, sunny and bright - perfect for entertaining and easy to work in the designer kitchens. 1st floor has a huge walk in tiled shower with custom cabinets constructed using antique glass doors. There's a sound system in the 1st floor and back patio with separate rheostat controls for each area. Original details were kept wherever possible including the moldings and beautiful wood floors.There are multiple decks, patio, and porch offering outdoor living space from each level of the house. in some instances front and back decks. The back yard backs up to Hunter Park. The second floor bathroom has an original claw foot tub.The Third floor apartment offers a view of the park from the back deck, and a view of the Newport Bridge, a great room and a fully applianced kitchen, plus washer/dryer. There's great storage as well in this adorable furnished compact space.The fine condition and location make this property a desirable place to call your own.

Last Agent to Sell the Property

Barbara Jagolinzer

Williams & Stuart Real Estate License #REB.0013531 Listed on: 07/09/2018

Last Buyer's Agent

Christopher Eyre

Hogan Associates Christie's License #RES.0040448

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,591

Year Built

  • Built in 1890

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,757 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Thermal Windows
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 220 Volts
  • 100 Amp Service
  • High-Efficiency Water Heater
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 194
  • Assessor Parcel Number 97THIRDSTNEWP

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $2,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,591

Year Built

Built in 1890

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 5757.0
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Appliances, Insulation, Lighting, Thermostat, Water Heater, Windows
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Common Water Heater, Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
  • Interior Amenities: Skylights, Tub Shower, Cable TV
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Porch, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, 220 Volts
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: 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: 5227.0
  • Parcel #: 97THIRDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Walkability

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 2230.0

Tax Info

  • Tax Annual Amount: 7591.0
  • Tax Lot: 194
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Sep 28, 2018
Sold by
Robin I Gardner Lt
Bought by
Amann Zachary
Seller's Agent
Barbara Jagolinzer
Williams & Stuart Real Estate
Buyer's Agent
Christopher Eyre
Hogan Associates Christie's
List Price
$865,000
Sold Price
$866,000
Premium/Discount to List
$1,000
0.12%
Current Estimated Value
$1,881,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,015,901
Avg. Annual Appreciation
11.73%
Original Mortgage
$692,800
Outstanding Balance
$605,832
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,276,069

Purchase Details

Closed on
Oct 3, 2001
Sold by
Mendonca John L and Mendonca George
Bought by
Gardner Lt Robin I
Source: Public Records

Range of Values:

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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
Amann Zachary $866,000 --
Gardner Lt Robin I $360,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amann Zachary $692,800
Previous Owner Gardner Lt Robin I $224,000
Previous Owner Gardner Lt Robin I $250,000
Previous Owner Gardner Lt Robin I $125,000
Previous Owner Gardner Lt Robin I $266,393
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $866,000 +0.1% $150 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $865,000 -- $150 / 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 $11,355 $1,306,800 $489,100 $817,700
2024 $10,742 $1,306,800 $489,100 $817,700
2023 $8,350 $841,700 $322,000 $519,700
2022 $8,089 $841,700 $322,000 $519,700
2021 $7,853 $841,700 $322,000 $519,700
2020 $6,967 $677,700 $286,600 $391,100
2019 $6,967 $677,700 $286,600 $391,100
2018 $6,770 $677,700 $286,600 $391,100
2017 $6,548 $584,100 $220,400 $363,700
2016 $6,384 $584,100 $220,400 $363,700
2015 $6,232 $584,100 $220,400 $363,700
2014 $5,141 $426,300 $172,300 $254,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1197231

State-Wide MLS

APN: NEWP-000009-000000-000194