$960,000
SOLD SEP 6, 2024
4 Beds
2 Baths
1,849 Sq Ft
3,920 Sq Ft Lot

Recently Sold

$519 Per Sq Ft

4% Below List Price

29 Days on Market

Highlights

  • Marina
  • Attic
  • Walking Distance to Water
  • Wood Flooring
  • Tennis Courts
  • 3-minute walk to Eisenhower Park

About This Home

As of September 2024

The Historic Robert Sherman House enjoys a prime location on a quiet in-town street within easy walking distance of shops, restaurants, Easton's Beach, Washington Square, Cliff Walk and Newport Harbor. Currently divided into 2 units, the property could easily be converted to a single family home. With 1,850 sq ft of living space, a detached, 2-car garage, off-street parking and a generous, back yard, this charming Colonial offers a unique opportunity for investment, rental income and/or renovation. Period details include hardwoods, exposed brick, moldings and vaulted ceilings. Separate gas utilities, central air, basement laundry and lots of storage add to the appeal. Excellent, long-term tenants in place until 8/31/24.

Last Agent to Sell the Property

Leslie Hogan

Hogan Associates Christie's Brokerage Phone: 401-641-4608 License #REB.0016899 Listed on: 06/10/2024

Last Buyer's Agent

Karin Jackson

Compass / Lila Delman Compass

Compass / Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,847

Year Built

  • Built in 1850

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,849 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs
  • Storm Windows

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • 3,920 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 47
  • Assessor Parcel Number 14SHERMANSTNEWP

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Historic Hill Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,847

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 1849.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1850
  • Attribution Contact: 401-641-4608
  • Special Features: None

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Shingle Siding
  • Foundation Details: Concrete Perimeter, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 14SHERMANSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Green Location: Walkability

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 7847.0
  • Tax Lot: 47
  • Tax Year: 2023

Similar Homes in Newport, RI

  • 12 Callender Ave, Newport, RI 02840

    $875,000

    • 4 Beds
    • 2.5 Baths
    • 1,600 Sq Ft
    • 12 Callender Ave
    • Newport, RI

    This quintessential Newport colonial, circa 1853, is a highly limited and sought after multi-family home located just steps from Newport's most desirable restaurants, art galleries, and shops in the Off-Broadway neighborhood. This multi-family home is comprised of 2 living units - a PERFECT setup. Fabulous rental history. The home also could be easily converted back to a single-family home.

    Debra Jobin RE/MAX River's Edge - Bristol

    Section Image
  • 33 Almy St, Newport, RI 02840

    $900,000

    • 5 Beds
    • 3 Baths
    • 2,009 Sq Ft
    • 33 Almy St
    • Newport, RI

    Discover an exceptional investment opportunity in the heart of Newport, Rhode Island! This versatile two-unit multi-family property offers a blend of historic charm and modern convenience. Each spacious unit features well-appointed living areas, ensuring comfort and style. A detached finished converted garage provides additional space, perfect for a home office, art studio, dance studio or

    Bethany Cox HomeSmart Professionals

    Section Image
  • 10 Sagamore St, Newport, RI 02840

    $825,000

    • 4 Beds
    • 2 Baths
    • 1,920 Sq Ft
    • 10 Sagamore St
    • Newport, RI

    First time on the market! Attractive and well-kept residential duplex built in 1985. This property offers two side-by side identical (2- bedroom, one bath) units with off street parking and a spacious backyard. Located in the city's north end , this property enjoys easy access to shopping, the Newport bridge and the naval base without the summer congestion.Only one mile from downtown.

    Bill Dwyer Seaport Realty

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $960,000 -3.5% $519 / Sq Ft
07/10/2024 07/10/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $995,000 +17.7% $538 / Sq Ft
06/26/2023 06/26/23 Sold $845,500 +21.0% $457 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/17/2023 05/17/23 For Sale $699,000 -- $378 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1360929

State-Wide MLS

APN: NEWP M:021 B:0047