NOT LISTED FOR SALE

98 3rd St Newport, RI 02840

Estimated Value: $1,378,000 - $2,802,000

4 Beds
4 Baths
2,433 Sq Ft
$775/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $842,000 $346 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $10,701/month

36 Days on Market

Highlights

  • Marina
  • Spa
  • Marble Flooring
  • Golf Course Community
  • Deck
  • 1-minute walk to Hunter Park

About This Home

As of May 2019

Move right in! Beautifully renovated Victorian home located in Newport's desirable "Point" section. Two blocks from Newport Harbor and the Van Zandt Pier - yet not in a flood zone. Completely redone and updated with 4 bedrooms, 4 baths and central air throughout. Includes a one bedroom second floor apartment with a separate private entrance for income, additional family or guests. Secure door opens up between main house and apartment for additional single family space. Main house has 3 levels consisting of renovated kitchens with granite & new stainless appliances open floor plan to dining area and living room. Master suite has large sitting room, bedroom and private bathroom with marble, separate shower and jacuzzi tub. Apartment has 1 bedroom, kitchen with new stainless appliances, open to large living/dining area. Gleaming hardwood floors and replacement windows. Freshly painted inside and out. New driveway, fenced yard, deck and front porch. Separate utilities. Easy walk to shops, restaurants and all Newport has to offer. Easy on and off the island. This house has it all!

Last Agent to Sell the Property

Sean McElroy

RE/MAX Profnl. Newport, Inc. License #REB.0017023 Listed on: 03/18/2019

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

The Hadfield Group

Hogan Associates Christie's

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,177

Year Built

  • Built in 1904

Lot Details

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

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 2,433 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Thermal Windows
  • Washer

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Spa
  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Compressor
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Oil
  • 200+ Amp Service
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 142
  • Assessor Parcel Number 98THIRDSTNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,177

Year Built

Built in 1904

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: 2433.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1904
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Exhaust Fan, Electric Water Heater, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Compressor
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Marble, Wood, Carpet
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 2433.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Stone
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 200+ Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 98THIRDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6177.0
  • Tax Lot: 142
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 13, 2019
Sold by
Jennings Cornelia C
Bought by
Pugliares Giuseppe and Neustadt Sherry
Seller's Agent
Sean McElroy
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
The Hadfield Group
Hogan Associates Christie's
List Price
$875,000
Sold Price
$842,000
Premium/Discount to List
-$33,000
-3.77%
Current Estimated Value
$1,884,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,042,580
Avg. Annual Appreciation
13.53%
Original Mortgage
$631,500
Outstanding Balance
$554,089
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,330,491

Purchase Details

Closed on
May 2, 2018
Sold by
Jennings Cornelia C
Bought by
Jennings Cornelia C and Cusshing Mcelroy Edith A

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jan 12, 2018
Sold by
Mccaffrey Michael J
Bought by
Jennings Cornelia C
Seller's Agent
Michael Glynn
Beretta Realty Company
Buyer's Agent
Sean McElroy
RE/MAX Profnl. Newport, Inc.
List Price
$850,000
Sold Price
$660,000
Premium/Discount to List
-$190,000
-22.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.58%

Purchase Details

Closed on
Mar 20, 2002
Sold by
Moore Stephen J and Moore Michelle
Bought by
Lindley Robert
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
Pugliares Giuseppe $842,000 --
Jennings Cornelia C -- --
Jennings Cornelia C $666,000 --
Lindley Robert $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pugliares Giuseppe $631,500
Previous Owner Lindley Robert $240,000
Previous Owner Lindley Robert $284,900
Previous Owner Lindley Robert $333,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $842,000 -3.8% $346 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $875,000 +32.6% $360 / Sq Ft
01/12/2018 01/12/18 Sold $660,000 -22.4% $275 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $850,000 -- $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
2025 $8,971 $1,249,400 $484,100 $765,300
2024 $8,656 $1,241,900 $484,100 $757,800
2023 $7,964 $802,800 $318,700 $484,100
2022 $7,715 $802,800 $318,700 $484,100
2021 $7,490 $802,800 $318,700 $484,100
2020 $6,356 $618,300 $285,500 $332,800
2019 $6,356 $618,300 $285,500 $332,800
2018 $6,177 $618,300 $285,500 $332,800
2017 $5,890 $525,400 $219,600 $305,800
2016 $5,743 $525,400 $219,600 $305,800
2015 $5,606 $525,400 $219,600 $305,800
2014 $5,765 $478,000 $171,700 $306,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1217518

State-Wide MLS

APN: NEWP-000009-000000-000142