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Sold for $1,425,000
  • $1,425,000

    40 Atlantic St, Newport, RI 02840

    3beds
    1,754sqft
    Single Family Residence
    Built in 1987
    2,526 Square Feet Lot
    $1,407,100 Zestimate®
    $812/sqft
    $3,905 Estimated rent

    Home value

    $1,407,100

    $1.34M - $1.48M

    $3,905/mo

    Zestimate® history
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    What's special

    Welcome to this 5th Ward corner-lot cutie, perfectly positioned just three blocks from King’s Park, the beach, and the playground! Completely reimagined, this two-story, 3-bedroom, 2.5-bath home features a light-filled open-concept main floor anchored by warm white oak flooring, a spacious kitchen with a center island, and a dedicated dining area. Enjoy total peace of mind with extensive big-ticket upgrades, including a year old roof, new windows, new HVAC, and updated plumbing. The second floor offers three bedrooms, highlighted by a serene primary suite with its own private en-suite bath, while the finished basement provides flexible extra living space and a separate laundry area. Step outside to your outdoor oasis—complete with a hardscaped patio, fully fenced backyard, wood-burning fire pit, convenient outdoor shower for post-beach days, fresh sod, new professional landscaping, and rare off-street parking for four vehicles. Turn-key, beautifully updated, and seconds from the water!

    Zillow last checked:

    Listing updated:

    Listed by:

    Newport Living Group 401-338-3771,

    Lila Delman Compass

    Bought with:

    Caroline Richards, RES.0035858

    SERHANT.

    Source: StateWide MLS RI,MLS#: 1418922MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Tub, Bath w Shower Stall, Bath w Tub & Shower
    Heating
    • Natural Gas, Central, Forced Air, Gas Connected, Zoned
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Disposal, Range Hood, Microwave, Refrigerator, Washer, Gas Water Heater
    Features
    • Wall (Dry Wall), Stairs, Plumbing (Mixed), Insulation (Ceiling), Insulation (Floors), Insulation (Walls)
    • Flooring: Ceramic Tile, Hardwood, Marble
    • Windows: Insulated Windows
    • Basement: Full,Interior and Exterior,Partially Finished,Laundry,Playroom,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,254
    • Total interior livable area: 1,754 sqft
    • Finished area above ground: 1,254
    • Finished area below ground: 500

    Property

    Parking
    • Total spaces: 4
    • Parking features: No Garage, Driveway
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    • Fencing: Fenced
    • Waterfront features: Walk to Salt Water, Walk To Water
    Lot
    • Size: 2,526 Square Feet
    • Features: Corner Lot
    Details
    • Parcel number: NEWPM040B0114
    • Zoning: R10
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cottage
    • Property subtype: Single Family Residence
    Materials
    • Dry Wall, Clapboard, Shingles
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Commuter Bus, Marina, Private School, Public School, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: Fifth Ward
    HOA
    • Has HOA: No
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $812/sqft
    • Tax assessed value: $682,900
    • Annual tax amount: $5,933
    • Date on market: 7/27/2026
    • Inclusions: Taxes are based off the non-resident rate of $8.689 per thousand off of the current assessment. The resident/owner occupied rate is $7.177 per thousand Property is in the flood zone. Basement has a drainage system, vapor barrier and sump pump.

    Price history

    DateEventPrice
    10/5/2026Sold$1,425,000-3.4%$812/sqft
    Source: StateWide MLS RI #1418922 Report a problem
    9/5/2026Pending sale$1,475,000$841/sqft
    Source: StateWide MLS RI #1418922 Report a problem
    8/5/2026Listed for sale$1,475,000+78.8%$841/sqft
    Source: StateWide MLS RI #1418922 Report a problem
    8/27/2025Sold$825,000-4.6%$470/sqft
    Source: StateWide MLS RI #1392757 Report a problem
    7/29/2025Listing removed$3,400$2/sqft
    Source: Zillow Rentals Report a problem
    7/15/2025Price change$3,400-5.6%$2/sqft
    Source: Zillow Rentals Report a problem
    7/8/2025Listed for rent$3,600+89.5%$2/sqft
    Source: Zillow Rentals Report a problem
    6/5/2025Price change$865,000-1.1%$493/sqft
    Source: StateWide MLS RI #1385548 Report a problem
    5/23/2025Listed for sale$875,000+553%$499/sqft
    Source: StateWide MLS RI #1385548 Report a problem
    6/6/2017Listing removed$1,900+2.7%$1/sqft
    Source: SeaLegs Property Group Report a problem
    4/17/2017Listed for rent$1,850+15.6%$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/13/2013Listing removed$1,600$1/sqft
    Source: Prudential Prime Properties Report a problem
    11/30/2012Listed for rent$1,600-3%$1/sqft
    Source: Prudential Prime Properties Report a problem
    4/17/2012Listing removed$1,650$1/sqft
    Source: William Raveis Report a problem
    1/28/2012Listed for rent$1,650$1/sqft
    Source: William Raveis Report a problem
    3/31/1995Sold$134,000$76/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,934 +5.7%$682,900
    2024$5,613 +29.6%$682,900 +51.6%
    2023$4,330 $450,600
    2022$4,330 +3%$450,600
    2021$4,204 +2.2%$450,600 +12.6%
    2020$4,114 $400,200
    2019$4,114 +2.9%$400,200
    2018$3,998 +5.5%$400,200 +18.4%
    2017$3,790 +2.6%$338,100
    2016$3,695 +2.4%$338,100
    2015$3,608 -7.4%$338,100 +4.7%
    2014$3,895 +6.2%$323,000
    2012$3,669 +4.7%$323,000 -8.5%
    2011$3,504 +3.9%$352,900
    2010$3,374 +0.4%$352,900
    2009$3,360 +0.5%$352,900 -8.5%
    2008$3,343 +3.9%$385,600
    2007$3,216 +4%$385,600
    2006$3,093 +17.5%$385,600 +109.3%
    2005$2,632 +11.2%$184,200
    2002$2,367 $184,200
    Find assessor info on the county website

    Neighborhood: Fifth Ward

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,407,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,407,100