$749,000

31 Russell Ave Newport, RI 02840

$8,894
Closing credit¹
3 beds
2 full
1,251 sqft
0.08 acres
$599 / sqft
House

Property details

About 31 Russell Ave

OFFERS DUE BY 10:00 AM ON SUNDAY, MAY 18, 2025. SEE INSTRUCTIONS. An updated cottage nestled in the northern neighborhood of Newport, RI. This home offers an ideal blend of modern comforts and classic appeal, with three spacious bedrooms and two updated bathrooms, featuring a deep soaking tub for your relaxation as well as first floor laundry. The modern front porch with composite flooring and wire railings is the perfect setting for a couple of Adirondack chairs, an enjoyable book, and a cold beverage. The eye-catching yellow front door leads into a generous foyer with a custom built in bench and drop zone. The original hardwood floors and staircase finial details are accented by the updated kitchen that is both stylish and functional, with a breakfast bar, pantry nook, and glass French doors that extend the living space to the fenced-in back yard. Outside is a private oasis complete with a composite deck, shed, and dedicated green space that is perfect for entertaining or unwinding. The backyard is an inviting space for summer nights with ample room for a fire pit. Enjoy the benefits of low-maintenance living with vinyl siding, vinyl replacement windows, solar panels, and a newer boiler, ensuring energy efficiency and cost savings. This home has been thoughtfully redesigned by these talented homeowners, including the removal of two walls for better sight lines and adding some trendy barn doors. Convenient off-street parking for two vehicles. Close to the vibrant Broadway.

Highlights

Home typeSingle Family Residence
HeatingBaseboard, Natural Gas, Radiant, Solar, Zoned
StatusAccepting Backup Offers
(Active Under Contract)
Size1,251 sqft
BasementYes
Lot size0.0841 Acres
Year built1900
ParkingNo Garage
MLS #1384955

Summary

  • Full Bathrooms: 2
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Permanent Attic Stairs, Stall Shower, Tub Shower
  • Fireplace: None
  • Total Bedroom Count: 3
  • Parking: No Garage
  • Exterior: Deck, Porch, Patio
  • Architectural Style: Cabin
  • Heating: Baseboard, Natural Gas, Radiant, Solar, Zoned
  • Cooling: None
  • List Price: $749,000
  • Price/SqFt: $598
  • Annual Tax Amount: $4,473
  • Tax Year: 2024
  • Year Built: 1900
  • Stories: 2
  • Living Area: 1,251 SqFt
  • Lot Size: 0.0841 Acres
  • MLS Number: 1384955
  • MLS Name: RIS
  • Office Name: Compass / Lila Delman Compass
  • Office Phone: (401) 848-2101
  • Office Email: Kendra.Toppa@LilaDelman.com

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 © 2025 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: 5/20/2025, 10:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with covered porch

$749,000

31 Russell Ave

$8,894

closing credit¹

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Price information

Property sales

DateEventPrice
Sep 28, 2017
Home Sold
$303,500

Tax history

YearAssessmentProperty Tax
2024$641,700$4,473
2023$432,400$4,289
2022$432,400$4,155
2021$432,400$4,034
2020$332,200$3,415
2019$332,200$3,415

History based on county public records data.

Nearby schools

4

Claiborne Pell Elementary School

Public District PK-4

0.4 mi

35 Dexter St

5

Joseph Gaudet Academy

Public District 4-4

1.8 mi

1113 Aquidneck Ave

7

Melrose Avenue School

Public District PK-4

3.8 mi

76 Melrose Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $70,253. The most common annual income of people living in Newport, RI is between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

25%
<35k
48%
35k-100k
24%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

52%
Single, No Kids
10%
Single, with Kids
23%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
6%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Hiking/backpackingHiking/backpacking
  • Yoga/pilatesYoga/pilates
  • Symphony or OperaSymphony or Opera

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • H&MH&M
  • Chico'sChico's

Where do the neighbors go to eat?

  • ChipotleChipotle
  • Dominos PizzaDominos Pizza
  • Boston MarketBoston Market

What do the neighbors drive?

  • MazdaMazda
  • AudiAudi
  • VolvoVolvo

What do the neighbors listen to?

  • RockRock
  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

Living in Newport, RI

Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.

The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.

Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.

Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.

About 31 Russell Ave

The listing price of 31 Russell Ave property is $749,000.

The property 31 Russell Ave is a house located in Newport, Rhode Island, 02840.

Accepting Backup Offers: 31 Russell Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 31 Russell Ave are: Claiborne Pell Elementary School (GreatSchools Rating 4/10), Joseph Gaudet Academy (GreatSchools Rating 5/10), Melrose Avenue School (GreatSchools Rating 7/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Lawn Avenue School (GreatSchools Rating 8/10), Middletown High School (GreatSchools Rating 4/10), Rogers High School (GreatSchools Rating 3/10), Portsmouth High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $4,473 (source: MLS/based on county public records data).

The last sale was on September 28, 2017 for $303,500 (source: MLS/tax record).

The property at 31 Russell Ave has 3 bedrooms and 2 bathrooms.

The property 31 Russell Ave is 1,251 SqFt (source: MLS/tax record).

The year of construction for 31 Russell Ave is 1900.

This home is located at 31 Russell Ave in Newport, RI and zip code 02840. This 1,251 square foot home, which was built in 1900, sits on a 0.08 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2025 and is currently priced at $749,000.

Newport, RI housing market in April 2025 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 12 sold below. The number of listings in Newport, RI increased by 40.6% between March and April 2025. In April 2025, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $925,000.

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

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