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3 Palmer Street

3 Palmer Street, Newport, RI 02840
Property in Newport
Sold Oct 29, 2015
$289,000
$229,600 by Rbs Citizens Na
Mortgage Due Oct 29, 2045
3 Palmer Street in Newport, RI was first built in 1918 and is 106 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 4 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3 Palmer Street has 976 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3 Palmer Street was last sold in Jan 1, 1970 for $289,000. According to our calculations, that's $296.11 per sqft. Current property owners are expected to pay $3,664 in taxes per year. The property on 3 Palmer Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $369,400. While improvements to the property were assessed at a total of $369,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Condo
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 976
  • Gross Building Area: 976
  • Building Area: 976
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 976
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Current Owner : WALSH KATHLEEN A
  • Previous Owner : HEBERT DAKOTA J
  • Previous Owner 2: HEBERT MOLLY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT PS
  • Census Tract: 040900

Geography

  • Account Number: R10962
  • Parcel: NEWP M:041 B:0139 L:2
  • Block: 139
  • Lot: 2
  • Municipality: NEWPORT
  • Latitude: 41.4702
  • Longitude: -71.3168

    Address

  • Full Address: 3 Palmer St
  • Address - House Number: 3
  • Address - Street Name: Palmer
  • Address - Suffix Type: St
  • State: RI
  • City Name: Newport
  • Carrier Code: C005
  • 4-Digit Zip Code: 3834
  • Zip Code: 02840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,664

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 574,482
  • High Value: 703,427
  • Low Value: 445,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $229,600
  • First Open Lien Mortgage Lender: RBS CITIZENS NA
  • First Open Lien Mortgage Recording Date: Oct 29, 2015
  • First Open Lien Mortgage Loan Amount: $229,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 29, 2045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $369,400
  • Assessed Improvements Value: $369,400

    Sales

  • Current Sale Recording Date: Oct 29, 2015
  • Current Sale Transaction ID: 11534993062
  • Current Sale Price: $289,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 101416

    Last Sale Mortgage

  • First Mortgage Lender: RBS CITIZENS NA
  • First Mortgage Transaction Date: Oct 29, 2015
  • First Mortgage Loan Amount: $229,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 29, 2045

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Frequently Asked Questions

What neighborhood is 3 Palmer Street located in?
The 3 Palmer Street is a located in the neighborhood of Newport in Newport, Newport.
What is the average sales price for listings in 3 Palmer Street?
The average sales price for units in 3 Palmer Street is $0 currently.

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