$1,032,000 - $1,745,000
RENTED FEB 20, 2025

37 Edward St Unit 3 Newport, RI 02840

1 Bed
1 Bath
850 Sq Ft
$1,528 Price per Sq Ft

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Cathedral Ceiling
  • No HOA
  • Laundry Room

About This Home

As of February 2025

A spacious and bright third floor apartment located by the Quaker meeting house. Located just steps to downtown Newport. This bright apartment has an eat in kitchen, 1 large bedroom with large closets and storage. Cool shared outdoor patio, common laundry, efficient gas heat, easy on street parking. rent includes Water/Sewer.

Last Agent to Rent the Property

Timothy Dargan

Teri Degnan RE & Consulting License #REB.0019599 Listed on: 10/30/2024

Last Renter's Agent

Timothy Dargan

Teri Degnan RE & Consulting License #REB.0019599 Listed on: 10/30/2024

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,684

Year Built

  • Built in 1897

Lot Details

  • 3,485

Parking

  • No Garage

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 850 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Utility Room
  • Laundry Room
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Property Available on 11/1/24
  • 12 Month Lease Term
  • Assessor Parcel Number 37EDWARDST3NEWP

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Quaker Meeting House Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,684

Year Built

Built in 1897

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2024-11-01
  • Security Deposit: 2100.0

Listing Details

  • Prop. Type: Residential Lease
  • Inclusions: rent includes Water/ Sewer
  • Subdivision Name: Quaker Meeting House
  • Above Grade Finished Sq Ft: 850.0
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Apartment
  • Year Built: 1897
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Gas Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Hardwood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
  • Living Area: 850.0
  • Dining Room Type: Laundry, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Trash Collection, Water
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 37EDWARDST3NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2000
Sold by
Gibbs Robert C
Bought by
Mackie Sofia G and Mackie Adam
Current Estimated Value
$1,298,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
8.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1991
Sold by
Martin Cathleen
Bought by
Gibbs Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Interest Rate
9.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mackie Sofia G $231,000 --
Gibbs Robert $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibbs Robert $212,500
Closed Gibbs Robert $215,500
Closed Gibbs Robert $207,900
Previous Owner Gibbs Robert $131,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 Rented $1,950 0.0% --
02/01/2025 02/01/25 Under Contract -- -- --
11/12/2024 11/12/24 Price Changed $1,950 -7.1% $2 / Sq Ft
10/30/2024 10/30/24 For Rent $2,100 +75.0% --
03/30/2020 03/30/20 Rented $1,200 0.0% --
02/29/2020 02/29/20 Under Contract -- -- --
02/20/2020 02/20/20 For Rent $1,200 -- --
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 $6,684 $930,900 $335,200 $595,700
2024 $7,652 $930,900 $335,200 $595,700
2023 $5,555 $560,000 $183,900 $376,100
2022 $5,382 $560,000 $183,900 $376,100
2021 $5,225 $560,000 $183,900 $376,100
2020 $4,370 $425,100 $174,300 $250,800
2019 $4,370 $425,100 $174,300 $250,800
2018 $4,247 $425,100 $174,300 $250,800
2017 $4,083 $364,200 $98,500 $265,700
2016 $3,981 $364,200 $98,500 $265,700
2015 $3,886 $364,200 $98,500 $265,700
2014 $3,728 $309,100 $102,400 $206,700
Source: Public Records

Agents Affiliated with this Home

  • T

    Landlord's Agent in 2025

    Timothy Dargan

    Teri Degnan RE & Consulting

    (401) 345-7070

    1 in this area

    13 Total Sales

    Timothy Dargan
    Section Image

  • A

    Buyer's Agent in 2020

    Amy Brown

    William Raveis Inspire

    (401) 829-2278

    Amy Brown
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1372053

State-Wide MLS

APN: NEWP-000017-000000-000042

Rhode Island Newport County Newport 02840

37 Edward St Unit 3, Newport, RI

This home is located at 37 Edward St Unit 3, Newport, RI 02840 since 30 October 2024 and is currently priced at $1,298,742. This property was built in 1897. 37 Edward St Unit 3 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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