Last week in Newport County saw a range of real estate sales, with properties ranging from single-family homes to multi-family units and condominiums.

Tyler Bernadyn

Real estate, like any industry, is based on the foundation of supply and demand. Sellers are still seeing premium prices for their homes due to extremely low inventory, even with interest rates on the rise.  

If you’re considering selling or simply want to know how much equity you have in your home, I am offering confidential, complimentary, and no-strings-attached property valuations to anyone interested.

If you have any real estate questions, please give me a call directly at 401-241-1851 or email me at TylerB@remaxnewportri.com.

What Sold

If you’re interested in reading more about any of the recently sold properties that are mentioned below, click here.

One of the notable sales was a single-family residence in Tiverton, listed for $250,000 and selling for $230,000. The home has three bedrooms and one bathroom and is 1,819 square feet in size. This property was located at an address that was not provided.

Another notable sale was a single-family residence in Portsmouth, located at 21 Linda Avenue and listed for $489,000. This home sold for $492,000 and has three bedrooms, one bathroom, and is 1,524 square feet in size.

A particularly high-end sale was a single-family residence in Newport, located at 673 Bellevue Avenue and listed for $7,250,000. This luxurious home sold for $6,676,300 and, has seven bedrooms, eight bathrooms, and is 9,803 square feet in size.

There were also a number of multi-family sales in the area, including a unit in Middletown located at 4 Rego Road and listed for $549,000. This property sold for $550,000 and has three bedrooms and two bathrooms, and is 3,028 square feet in size. Another multi-family unit in Newport, located at 11 Brewer Street and listed for $960,000, sold for $950,000. This property has eight bedrooms, and four bathrooms, and is 2,528 square feet in size.

In addition to these multi-family sales, there were also a number of single-family home sales. A home in Jamestown, located at 90 Cole Street and listed for $1,200,000, sold for $1,050,000. This property has three bedrooms, and four bathrooms, and is 3,150 square feet in size. Another single-family home in Newport, located at 38 Dudley Avenue and listed for $599,999, sold for $575,000. This home has three bedrooms, and three bathrooms, and is 2,784 square feet in size.

There were also sales of single-family homes in Portsmouth, located at 45 Watson Drive and listed for $475,000, and in Newport, located at 21 Homer Street and listed for $519,900. Additionally, a condominium in Newport, located at 27 HIGH Street #2 and listed for $1,299,000, sold for $1,225,000. This property has 3 bedrooms, 3 bathrooms, and is 2,026 square feet in size.

Finally, a single-family home in Tiverton, located at 281 Riverside Drive and listed for $850,000, sold for $863,333. This property has three bedrooms and one bathroom and is 1,131 square feet in size.

Overall, it was a busy week for real estate sales in Newport County, with a diverse range of properties changing hands.