NOT LISTED FOR SALE

41 Sherman St Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $1,511,000 - $2,028,000

5 Beds
3 Baths
2,968 Sq Ft
$616/Sq Ft Est. Value

Last Sold September 09, 2019

Last sale price $875,000 $295 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $11,110/month

21 Days on Market

Highlights

  • Marina
  • Victorian Architecture
  • Tennis Courts
  • Marble Flooring
  • 3 Fireplaces
  • 5-minute walk to Eisenhower Park

About This Home

As of September 2019

(Full Exterior Paint Job Completed August 2019) Welcome to 41 Sherman St. Set high atop a dead end street in one of Newport’s most desirable neighborhoods. Inside the home there is nearly 3,000 square feet of living space across three levels. Outside there are two yards, a detached garage and off-street parking for four cars. Walk to everything and enjoy all Newport has to offer.

Last Agent to Sell the Property

Christopher Davis

Hogan Associates Christie's License #RES.0042237 Listed on: 07/19/2019

Last Buyer's Agent

Rebecca King

Gustave White Sotheby's Realty License #RES.0035659

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,247

Year Built

  • Built in 1868

Lot Details

  • 6,098 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned R03

Parking

  • 1 Car Detached Garage

Home Design

  • Victorian Architecture
  • Brick Exterior Construction
  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 2,968 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 3 Fireplaces
  • Free Standing Fireplace
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Walking Distance to Water
  • Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Radiant Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 192
  • Assessor Parcel Number 41SHERMANSTNEWP

Community Details

Overview

  • Historic Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,247

Year Built

Built in 1868

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: Historic Hill
  • Above Grade Finished Sq Ft: 2968.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1868
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Free Standing, Masonry
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Cable TV
  • Living Area: 2968.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Brick, Clapboard
  • Exterior Features: Porch, Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 5.0

Utilities

  • Security: Security System Owned
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, 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: 6098.0
  • Parcel #: 41SHERMANSTNEWP
  • Zoning: R03
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 7247.0
  • Tax Lot: 192
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Sep 9, 2019
Sold by
Davis Kaley M and Davis Christopher G
Bought by
Peterson James S and Peterson Janet
Seller's Agent
Christopher Davis
Hogan Associates Christie's
Buyer's Agent
Rebecca King
Gustave White Sotheby's Realty
List Price
$1,010,000
Sold Price
$875,000
Premium/Discount to List
-$135,000
-13.37%
Current Estimated Value
$1,851,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$976,633
Avg. Annual Appreciation
11.87%
Original Mortgage
$650,000
Outstanding Balance
$576,620
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,123,347

Purchase Details

Listed on
Sep 7, 2018
Closed on
Nov 27, 2018
Sold by
Sorensen John B and Bach-Sorensen Tracy
Bought by
Davis Kaley M and Davis Christopher G
Seller's Agent
Jose Aguon
Gustave White Sotheby's Realty
Buyer's Agent
Christopher Davis
Hogan Associates Christie's
List Price
$849,000
Sold Price
$840,000
Premium/Discount to List
-$9,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$60,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 2, 2012
Closed on
Nov 26, 2012
Sold by
Reyna Louie and Reyna Jeanne
Bought by
Bach-Sorensen John and Sorensen Tracy B
Seller's Agent
Arthur Chapman
William Raveis Inspire
Buyer's Agent
James Serzan
Gustave White Sotheby's Realty
List Price
$549,000
Sold Price
$475,000
Premium/Discount to List
-$74,000
-13.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
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
Peterson James S $875,000 --
Davis Kaley M $840,000 --
Davis Kaley M $840,000 --
Bach-Sorensen John $475,000 --
Bach-Sorensen John $475,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson James S $650,000
Previous Owner Davis Kaley M $60,000
Previous Owner Reyna Jeanne $25,000
Previous Owner Reyna Jeanne $150,000
Closed Bach-Sorensen John $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Sold $875,000 -13.4% $295 / Sq Ft
08/10/2019 08/10/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $1,010,000 +20.2% $340 / Sq Ft
11/27/2018 11/27/18 Sold $840,000 -1.1% $283 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $849,000 +78.7% $286 / Sq Ft
11/26/2012 11/26/12 Sold $475,000 -13.5% $160 / Sq Ft
10/27/2012 10/27/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $549,000 -- $185 / 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 $10,612 $1,291,000 $640,300 $650,700
2023 $7,850 $791,300 $365,000 $426,300
2022 $7,604 $791,300 $365,000 $426,300
2021 $7,383 $791,300 $365,000 $426,300
2020 $7,457 $725,400 $299,400 $426,000
2019 $7,457 $725,400 $299,400 $426,000
2018 $7,247 $725,400 $299,400 $426,000
2017 $6,016 $536,700 $167,500 $369,200
2016 $5,866 $536,700 $167,500 $369,200
2015 $5,727 $536,700 $167,500 $369,200
2014 $6,364 $527,700 $142,400 $385,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Christopher Davis

    Hogan Associates Christie's

    (401) 239-7719

    1 in this area

    20 Total Sales

    Section Image
  • Rebecca King

    Buyer's Agent in 2019

    Rebecca King

    Gustave White Sotheby's Realty

    (401) 808-9334

    3 in this area

    66 Total Sales

    Section Image
  • Jose Aguon

    Seller's Agent in 2018

    Jose Aguon

    Gustave White Sotheby's Realty

    (401) 263-4168

    2 in this area

    30 Total Sales

    Section Image
  • Arthur Chapman

    Seller's Agent in 2012

    Arthur Chapman

    William Raveis Inspire

    (401) 640-0807

    3 in this area

    60 Total Sales

    Section Image

  • J

    Buyer's Agent in 2012

    James Serzan

    Gustave White Sotheby's Realty

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1229945

State-Wide MLS

APN: NEWP-000021-000000-000192

Rhode Island Newport County Newport 02840 Kay-Catherine

41 Sherman St, Newport, RI

This home is located at 41 Sherman St, Newport, RI 02840 since 19 July 2019 and is currently estimated at $1,828,546, approximately $616 per square foot. This property was built in 1868. 41 Sherman 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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