Seller's Agent in 2025
Holly Mclear
Hogan Associates Christie's
(401) 855-0485
9 in this area
41 Total Sales
6 Gladding Ct Newport, RI 02840
4
Beds
4
Baths
2,290
Sq Ft
4,792
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- Furnished
- Deck
- 1 Fireplace
- 4-minute walk to Battery Park
About This Home
As of May 2025Nestled in the charming historic Point neighborhood of Newport, this delightful multi-family property offers options for investment or comfortable year-round residence. Each unit is spacious and inviting, with 2 bedrooms, 2 baths, and open living, dining, kitchens and laundry. Enjoy private outdoor space with one unit boasting a patio area and the other a large deck, plus a shared yard, bike shed, and off-street parking. The first-floor unit impresses with its beautiful bamboo floors, a cozy cast iron fireplace, built-in bookshelves, a kitchen island with seating, and ample cabinet storage. The second unit spans two levels, each with a bedroom and bath, and a fantastic deck space with two entry doors that flood the area with light, and offers a perfect transition space for relaxation or entertaining. This well-maintained property features new AC/Heat mini splits, fresh interior paint, young roof and water heaters. The yard has lovely perennials and rose bushes. With an excellent rental history, this turnkey operation is ready for its next owner. The location is unbeatable! Just minutes' walk to the waterfront, where you can enjoy parks, sunsets, swimming. There's also a launch ramp for boats, dinghies, and kayaks. Nearby, you'll find pickleball and tennis courts, restaurants, shopping, beaches, and ferry service. Unit two is open starting July for a buyer to come and enjoy summer in Newport!
Last Agent to Sell the Property
Hogan Associates Christie's Brokerage Phone: 401-855-0485 License #RES.0028965 Listed on: 03/26/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,638
Year Built
- Built in 1880
Home Design
- Combination Foundation
- Block Foundation
- Stone Foundation
- Clapboard
Interior Spaces
- 2,290 Sq Ft Home
- 3-Story Property
- Furnished
- Skylights
- 1 Fireplace
- Utility Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Deck
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Heat Pump System
- 100 Amp Service
- Electric Water Heater
Additional Features
- 4,792 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 003
- Assessor Parcel Number 6GLADDINGCTNEWP
Community Details
Overview
- 2 Units
- The Point, Point Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Tennis Courts
Building Details
- Operating Expense $21,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2025
Closed on
May 30, 2025
Sold by
Mcgarty Kerry L
Bought by
Kpr Newport Prop Llc
Seller's Agent
Holly Mclear
Hogan Associates Christie's
Buyer's Agent
Nicole Parente
Serhant Rhode Island
List Price
$1,425,000
Sold Price
$1,391,500
Premium/Discount to List
-$33,500
-2.35%
Views
65
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,689
Avg. Annual Appreciation
-4.44%
Original Mortgage
$475,000
Outstanding Balance
$473,785
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$892,026
Purchase Details
Listed on
Apr 12, 2021
Closed on
Dec 1, 2021
Sold by
Ray Stephen E
Bought by
Mcgarty Kerry L
Seller's Agent
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Suzann Walsh
Walsh Realty Group
List Price
$2,100,000
Sold Price
$1,100,000
Premium/Discount to List
-$1,000,000
-47.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$825,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 6, 2008
Sold by
Zappala Angelo and Zappala Dorothy
Bought by
Ray Stephen E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,750
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 1998
Sold by
Hemming Scott E and Hemming Maureen
Bought by
Zappala Angelo R
Purchase Details
Closed on
Jan 19, 1995
Sold by
Smith Marcia B
Bought by
Hemming Scott E and Hemming Maureen
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 | $1,391,500 | None Available | |
| Warranty Deed | $1,391,500 | None Available | |
| Warranty Deed | $1,100,000 | None Available | |
| Warranty Deed | $1,100,000 | None Available | |
| Deed | $393,000 | -- | |
| Deed | $393,000 | -- | |
| Warranty Deed | $158,500 | -- | |
| Warranty Deed | $158,500 | -- | |
| Warranty Deed | $146,000 | -- | |
| Warranty Deed | $146,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $475,000 | Purchase Money Mortgage | |
| Closed | $475,000 | Purchase Money Mortgage | |
| Previous Owner | $825,000 | Purchase Money Mortgage | |
| Previous Owner | $274,750 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/30/2025 05/30/25 | Sold | $1,391,500 | -2.4% | $608 / Sq Ft | |
| 05/21/2025 05/21/25 | Pending | -- | -- | -- | |
| 03/26/2025 03/26/25 | For Sale | $1,425,000 | +29.5% | $622 / Sq Ft | |
| 12/02/2021 12/02/21 | Sold | $1,100,000 | -47.6% | $330 / Sq Ft | View Prior Sale |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- | |
| 04/12/2021 04/12/21 | For Sale | $2,100,000 | 0.0% | $631 / Sq Ft | |
| 01/03/2017 01/03/17 | Rented | $1,100 | -8.3% | -- | |
| 12/04/2016 12/04/16 | Under Contract | -- | -- | -- | |
| 12/03/2016 12/03/16 | For Rent | $1,200 | -- | -- |
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 |
|---|---|---|---|---|
| 2025 | $9,131 | $1,050,900 | $485,800 | $565,100 |
| 2024 | $8,638 | $1,050,900 | $485,800 | $565,100 |
| 2023 | $6,768 | $682,300 | $319,800 | $362,500 |
| 2022 | $6,366 | $682,300 | $319,800 | $362,500 |
| 2021 | $6,366 | $682,300 | $319,800 | $362,500 |
| 2020 | $5,751 | $559,400 | $285,700 | $273,700 |
| 2019 | $5,751 | $559,400 | $285,700 | $273,700 |
| 2018 | $5,588 | $559,400 | $285,700 | $273,700 |
| 2017 | $4,908 | $437,800 | $219,800 | $218,000 |
| 2016 | $4,785 | $437,800 | $219,800 | $218,000 |
| 2015 | $4,671 | $437,800 | $219,800 | $218,000 |
| 2014 | $4,572 | $379,100 | $171,800 | $207,300 |
Source: Public Records
Agents Affiliated with this Home
-
Holly Mclear
-
Nicole Parente
Buyer's Agent in 2025
Nicole Parente
Serhant Rhode Island
(631) 566-7985
5 in this area
53 Total Sales
-
Stephanie Guinan
Seller's Agent in 2021
Stephanie Guinan
RE/MAX Profnl. Newport, Inc.
(401) 965-8433
3 in this area
19 Total Sales
-
Suzann Walsh
S
Buyer's Agent in 2021
Suzann Walsh
Walsh Realty Group
(401) 487-2505
1 in this area
5 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1380890
APN: NEWP-000012-000000-000003
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