42 Sherman St Newport, RI 02840
Kay-Catherine Neighborhood
3
Beds
2
Baths
1,368
Sq Ft
1890
Built
Highlights
- Marina
- Antique Architecture
- Tennis Courts
- Golf Course Community
- Wood Flooring
- Walking Distance to Water
About This Home
As of July 2025Charming Historic Hill Gem - Completely Remodeled & Ready for You!
Tucked away in the heart of Newport's coveted Historic Hill neighborhood, just off Kay Street, this beautifully remodeled home blends timeless charm with modern luxury. This isn't just a house; it's a lifestyle waiting to be embraced.
Step inside and discover 3 spacious bedrooms and 2 full bathrooms, each boasting double vanities and elegant tiled showers. Gleaming hardwood floors, exquisite crown molding and wainscoting throughout, and a cozy gas fireplace create an atmosphere of warmth and sophistication. The fully updated kitchen is a chef's dream, showcasing high-end finishes and exceptional craftsmanship that reflects the meticulous attention to detail found in every corner of this home.
Enjoy the quintessential Newport coastal living from your inviting front porch, perfect for morning coffee. Or entertain effortlessly on the private patio overlooking a cute, low-maintenance yard - ideal for summer evenings and intimate gatherings.
A true rarity in Newport, this property offers a two-car garage and ample off-street parking. You'll also appreciate the high efficiency heat and central air conditioning, ensuring year-round comfort.
With an unbeatable location near beaches, Bellevue Avenue, and downtown shops and restaurants, this turn-key home offers the very best of historic Newport living with every modern amenity. Don't miss your chance to own a true Historic Hill beauty!
Last Agent to Sell the Property
RE/MAX Properties License #REB.0016785 Listed on: 05/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,396
Year Built
- Built in 1890
Parking
- 2 Car Detached Garage
- Driveway
Home Design
- Antique Architecture
- Stone Foundation
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,368 Sq Ft Home
- 2-Story Property
- Gas Fireplace
- Thermal Windows
- Storage Room
- Utility Room
- Unfinished Basement
- Partial Basement
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 197
- Assessor Parcel Number 42SHERMANSTNEWP
Community Details
Overview
- Historic Hill Kay Street Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 13, 2024
Sold by
Gosset Melissa
Bought by
Expo Dev Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$692,597
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$480,147
Purchase Details
Closed on
Mar 25, 2014
Sold by
Gosset Ronald A and Gosset Verity
Bought by
Gosset Ronald and Gosset Melissa
Purchase Details
Closed on
Jul 18, 2012
Sold by
Dicicco Stephen G and Dicicco Harriet F
Bought by
Dicicco Harriet F
Similar Homes in Newport, RI
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,957 | None Available | |
| Warranty Deed | $250,957 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | Purchase Money Mortgage | |
| Closed | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $275,000 | No Value Available | |
| Previous Owner | $45,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/08/2025 07/08/25 | Sold | $1,510,000 | +1.0% | $1,104 / Sq Ft |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- |
| 05/29/2025 05/29/25 | For Sale | $1,495,000 | -- | $1,093 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $8,396 | $1,021,400 | $576,300 | $445,100 |
| 2023 | $6,145 | $619,500 | $328,500 | $291,000 |
| 2022 | $5,953 | $619,500 | $328,500 | $291,000 |
| 2021 | $5,780 | $619,500 | $328,500 | $291,000 |
| 2020 | $5,811 | $565,300 | $284,800 | $280,500 |
| 2019 | $5,811 | $565,300 | $284,800 | $280,500 |
| 2018 | $5,647 | $565,300 | $284,800 | $280,500 |
| 2017 | $4,756 | $424,300 | $159,300 | $265,000 |
| 2016 | $4,638 | $424,300 | $159,300 | $265,000 |
| 2015 | $4,527 | $424,300 | $159,300 | $265,000 |
| 2014 | $4,972 | $412,300 | $135,400 | $276,900 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Scotti
Seller's Agent in 2025
Kenneth Scotti
RE/MAX Properties
(401) 354-4971
1 in this area
207 Total Sales
-
Connor Dowd
Buyer's Agent in 2025
Connor Dowd
Keller Williams Coastal
(401) 864-4488
8 in this area
404 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1386178
APN: NEWP-000021-000000-000197
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Nearby Homes
- 12 Mount Vernon St Unit 5
- 33 Kay St
- 18 Barney St
- 36 Kay St Unit 7
- 10 Barney St Unit 105
- 10 Barney St Unit U104
- 10 Barney St Unit 103
- 10 Barney St Unit U106
- 10 Barney St Unit 107
- 10 Barney St Unit 102
- 10 Barney St Unit 101
- 75 Mary St
- 32 Catherine St Unit A
- 50 School St Unit 5
- 10 Bull St
- 60 Division St
- 23 Catherine St
- 130 Spring St Unit 132
- 45 Ayrault St Unit 8
- 24 Old Beach Rd