$1,104,000
SOLD APR 12, 2022

37 Howard St Newport, RI 02840

Historic Hill Neighborhood
6 Beds
4 Baths
3,724 Sq Ft
5,660 Sq Ft Lot

Recently Sold

$296 Per Sq Ft

11% Above List Price

7 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Bathtub with Shower
  • 0.13 Acre Lot
  • Walking Distance to Water
  • 3-minute walk to Aquidneck Park

About This Home

As of March 2024

Investment opportunity with this classic mansard in the Downtown area. Handsome legal three family with lots of potential. Each unit offers two bedrooms, over 1100sf, and separate utilities. Other features include off-street parking, generator and large fenced yard in the rear. Property in need of updating and being sold as-is.

Last Agent to Sell the Property

Mike Sweeney

Gustave White Sotheby's Realty License #RES.0040637 Listed on: 03/15/2022

Gustave White Sotheby's Realty

Last Buyer's Agent

The Hadfield Group

Hogan Associates Christie's

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,564

Year Built

  • Built in 1870

Lot Details

  • 5,660 Sq Ft Lot
  • Fenced

Home Design

  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 3,724 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 065
  • Assessor Parcel Number 37HOWARDSTNEWP

Community Details

Overview

  • 3 Units
  • Thames Street Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,564

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1299
  • Subdivision Name: Thames Street
  • Above Grade Finished Sq Ft: 3724.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1870
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: Circuit Breakers, Fuses
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5660.0
  • Parcel #: 37HOWARDSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 6564.0
  • Tax Lot: 065
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Mar 15, 2024
Sold by
Schall Justin M and Welti Dana N
Bought by
Bond Ft and Bond
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
Gordon King
Hogan Associates Christie's
List Price
$2,995,000
Sold Price
$2,900,000
Premium/Discount to List
-$95,000
-3.17%
Total Days on Market
7
Views
365
Current Estimated Value
$2,930,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,532
Avg. Annual Appreciation
0.88%

Purchase Details

Closed on
Nov 15, 2023
Sold by
37Hs Llc
Bought by
Schall Justin M and Welti Dana N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7.13%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $2,900,000 None Available
Warranty Deed $2,900,000 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $45,800 No Value Available
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $2,900,000 -3.2% $778 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
11/27/2023 11/27/23 For Sale $2,995,000 +171.3% $804 / Sq Ft
04/12/2022 04/12/22 Sold $1,104,000 +11.0% $296 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $995,000 -- $267 / 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
2024 $18,320 $2,228,700 $441,700 $1,787,000
2023 $7,054 $711,100 $288,800 $422,300
2022 $6,762 $703,600 $288,800 $414,800
2021 $6,565 $703,600 $288,800 $414,800
2020 $6,018 $585,400 $229,500 $355,900
2019 $6,018 $585,400 $229,500 $355,900
2018 $5,848 $585,400 $229,500 $355,900
2017 $6,069 $541,400 $164,200 $377,200
2016 $5,918 $541,400 $164,200 $377,200
2015 $5,777 $541,400 $164,200 $377,200
2014 $5,316 $440,800 $139,600 $301,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    The Hadfield Group

    Hogan Associates Christie's

    (401) 207-0083

    6 in this area

    111 Total Sales

    The Hadfield Group
    Section Image
  • Gordon King

    Buyer's Agent in 2024

    Gordon King

    Hogan Associates Christie's

    (401) 924-1774

    3 in this area

    47 Total Sales

    Gordon King
    Section Image
  • Mike Sweeney

    Seller's Agent in 2022

    Mike Sweeney

    Gustave White Sotheby's Realty

    (401) 862-0164

    6 in this area

    39 Total Sales

    Mike Sweeney
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1304918

State-Wide MLS

APN: NEWP-000032-000000-000065

Rhode Island Newport County Newport 02840 Historic Hill

37 Howard St, Newport, RI

This home is located at 37 Howard St, Newport, RI 02840 and is currently priced at $1,104,000, approximately $296 per square foot. This property was built in 1870. 37 Howard St 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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