NOT LISTED FOR SALE

19 Sherman St Unit 3B Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $672,000 - $756,000

2 Beds
1.5 Baths
931 Sq Ft
$759/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $400,000 $430 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,284/month

203 Days on Market

Highlights

  • Marina
  • Marble Flooring
  • Tennis Courts
  • Golf Course Community
  • Cathedral Ceiling
  • 4-minute walk to Eisenhower Park

About This Home

As of July 2020

Beautiful and stylish 2 bed 1.5 bath condo centrally located on a very desirable, quiet street in Newport’s Historic District, just steps from Downtown activities. Boasting a brand new kitchen/appliances, new flooring, 2 level living and an amazing deck, this fabulous condo is truly move in ready. New combo washer/dryer in unit, new efficient gas heating system and very low condo fees.

Last Agent to Sell the Property

Lee Caouette

RI Real Estate Services License #RES.0034277 Listed on: 11/22/2019

RI Real Estate Services

Last Buyer's Agent

Shana Speer

Gustave White Sotheby's Realty License #RES.0040721

Gustave White Sotheby's Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,563

Year Built

  • Built in 1860

HOA Fees

  • $181 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Shingle Siding

Interior Spaces

  • 931 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • No Garage
  • Unassigned Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • 220 Volts
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 062
  • Assessor Parcel Number 19SHERMANST3BNEWP

Community Details

Overview

  • 5 Units
  • Touro/Mt. Vernon Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,563

Year Built

Built in 1860

Lot Details

0

HOA Fees

$181 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Touro/Mt. Vernon
  • Above Grade Finished Sq Ft: 931.0
  • Building Name: Sherman Street Condos
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1860
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Marble
  • Interior Amenities: Cathedral Ceiling(s), Cable TV
  • Living Area: 931.0
  • Dining Room Type: Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers, 220 Volts
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 180.8
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 19SHERMANST3BNEWP
  • Zoning: R
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 2563.0
  • Tax Lot: 062
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jun 19, 2020
Sold by
Giacobbi Joseph G
Bought by
Golden Jennifer
Seller's Agent
Lee Caouette
RI Real Estate Services
Buyer's Agent
Shana Speer
Gustave White Sotheby's Realty
List Price
$424,900
Sold Price
$400,000
Premium/Discount to List
-$24,900
-5.86%
Current Estimated Value
$706,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,402
Avg. Annual Appreciation
11.19%
Original Mortgage
$360,000
Outstanding Balance
$318,512
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$387,890

Purchase Details

Closed on
Apr 10, 2018
Sold by
Dasilva Fernando J and Marasco Joan A
Bought by
Giacobbi Joseph G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2011
Sold by
Drewniak Sean P
Bought by
Dasilva Fernando J and Marasco Joan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 29, 2005
Sold by
Drewniak Sean P
Bought by
Raffa Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.71%

Purchase Details

Closed on
Nov 24, 2003
Sold by
Dc Sherman Realty Llc
Bought by
Drewniak Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Golden Jennifer $400,000 None Available
Giacobbi Joseph G $325,000 --
Dasilva Fernando J $300,000 --
Raffa Elizabeth A $255,000 --
Drewniak Sean $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Golden Jennifer $360,000
Previous Owner Giacobbi Joseph G $260,000
Previous Owner Dasilva Fernando J $240,000
Previous Owner Drewniak Sean $75,000
Previous Owner Drewniak Sean $175,000
Previous Owner Drewniak Sean $242,250
Previous Owner Drewniak Sean $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2020 07/13/20 Sold $400,000 -5.9% $430 / Sq Ft
06/13/2020 06/13/20 Pending -- -- --
11/22/2019 11/22/19 For Sale $424,900 -- $456 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,473 $514,800 $0 $514,800
2024 $4,232 $514,800 $0 $514,800
2023 $3,361 $338,800 $0 $338,800
2022 $3,256 $338,800 $0 $338,800
2021 $3,161 $338,800 $0 $338,800
2020 $2,563 $249,300 $0 $249,300
2019 $2,563 $249,300 $0 $249,300
2018 $2,491 $249,300 $0 $249,300
2017 $3,320 $296,200 $0 $296,200
2016 $3,237 $296,200 $0 $296,200
2015 $3,160 $296,200 $0 $296,200
2014 $3,122 $258,900 $0 $258,900
Source: Public Records

Agents Affiliated with this Home

  • Lee Caouette

    Seller's Agent in 2020

    Lee Caouette

    RI Real Estate Services

    (401) 480-7644

    11 Total Sales

    Lee Caouette
    Section Image
  • Shana Speer

    Buyer's Agent in 2020

    Shana Speer

    Gustave White Sotheby's Realty

    (401) 339-9685

    3 in this area

    52 Total Sales

    Shana Speer
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1241829

State-Wide MLS

APN: NEWP-000021-000062-000003B

Rhode Island Newport County Newport 02840 Kay-Catherine

19 Sherman St Unit 3B, Newport, RI

Not Listed for Sale

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