14 days on rocket

167 3rd St, Newport, RI, 02840

$524,000

Home List Price

$6,223*

Closing Credit

2 Bedrooms
3 Full Baths
2,047 SqFt
$256/SqFt
House
Schools Nearby

Location

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167 3rd St, Newport$524,000

Buyer Closing Credits

$6,223*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1953
HeatingNatural Gas, Hot Water
CoolingWindow Unit(s)
BasementYes
FireplaceNone
MLS #1359495
Lot Size0.11 Acres
StatusActive

About 167 3rd St

Updated Classic Cape Cod home conveniently located at the end of Newport's Point Neighborhood, close to the Bridge, Naval Base, and Downtown Newport! 2 bedrooms, 3 full bathrooms AND fully finished basement with private access with an additional bedroom and living space! The 1st floor features an updated kitchen with stainless steel appliances, white cabinetry, subway tile, and a gas stove. This space is open to the dining room with access to the spacious deck and fenced-in yard! There's hardwood flooring throughout, a good-sized sunny living room, and a full bath on this level, as well as a mudroom with laundry. Upstairs are two comfortable bedrooms and another full-size bath. The brand new finished basement has a 3rd bedroom and 3rd full bath with extra space for a TV room, office, or workout room! There's a driveway with room for 2 cars Tandem. Newer roof. Navien Heating system is 4 years old with 3 zones! The property is located in the AE flood Zone. (please note basement has been redone and the virtual tour of the basement is prior to the work completed) Tenants in place until August 31st. $3100 a month. --

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod
  • Year Built: 1953
  • Stories: 1
  • Living Area: 2,047 SqFt

Listing Office:

  • Office Name: Warner Realty Group
  • Office Phone: (401) 236-8685

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Rogers High School, Public District Grades 9-12
  • Frank E. Thompson Middle School, Public District Grades 5-8
  • Claiborne Pell Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $524,000
  • Price Per SqFt: $256/SqFt

Tax Information:

  • Annual Amount: $2,984
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport, RI.

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Newport, RI

City

Med. Sold Price

$835K

Med. Price/SqFt

$567

Avg. Days On Market

33

# of Sold Homes

18

167 3rd St vs Newport

14 DAYS ON ROCKET

-19 Days

$524,000

-$311K Less

$256/SqFt

-$311 Less

KEY TAKEAWAY

This property is $311K less than the Median Sold Price and $311/SqFt less than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1359495

Listing Office:

  • Office Name: Warner Realty Group
  • Office Phone: (401) 236-8685

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 4:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 29, 2016Home Sold
$304,000
Jun 20, 2005Home Sold
$275,000
May 20, 2002Home Sold
$175,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,984$319,800
2020$2,792$271,600
2019$2,792$271,600
2018$2,713$271,600
2017$2,632$234,800

History based on county public records data.

Payment Calculator

$2,683

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,637

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7824835
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.88 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7824836
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.82 miles

  • Public District Grades 5-8

High School

school-card-donut-7824837
3
/10

  • Rogers High School

  • 15 Wickham Rd

  • 2.39 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $84,320. The majority of Newport, RI residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 167 3rd St

What is the listing price of this property?

The listing price of 167 3rd St property is $524,000.

What type of property is this?

The property 167 3rd St is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Active Listing: 167 3rd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 167 3rd St are:
Claiborne Pell Elementary School: GreatSchools Rating 4/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,984 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 29, 2016 for $304,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 167 3rd St has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 167 3rd St is 2,047 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 167 3rd St is 1953.

Rocket Homes›Rhode Island›Newport County›Newport›02840›167 3rd St

This home is located at 167 3rd St in Newport, RI and zip code 02840. This 2,047 square foot home, which was built in 1953, sits on a 0.11 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 19, 2024 and is currently priced at $524,000.

Over 7 listings were sold over their listed price in May 2024 in Newport, RI. In the same period over 5 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Newport, RI between April 2024 and May 2024 increased by 29.9%. In May 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $835,000.

From Rocket Homes Real Estate and based on county public records data.

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