16 Sherman Street

Newport, RI 02840

$1,390,000
Last Sold Price
6
Beds
3
Baths
5,068 Sq. Ft.
$274 / Sq. Ft.
5,068
Sq. Ft.
$274
per Sq. Ft.

Description

See MLS# 1289801/1289800. Withdrawn for repairs then sold off-market. Incredible opportunity to have spacious living on a quiet street in desirable Historic Hill. A product of the gilded-age, this stately Italianate Victorian offers over 3,500 sq. ft of living space, encompassing a 4-bedroom owner's unit plus an income-producing 2-bedroom apartment on the third floor. Enjoy the privacy and amenities of a single family home including exclusive front entrance, fenced yard, and cobblestone driveway...See MLS# 1289801/1289800. Withdrawn for repairs then sold off-market. Incredible opportunity to have spacious living on a quiet street in desirable Historic Hill. A product of the gilded-age, this stately Italianate Victorian offers over 3,500 sq. ft of living space, encompassing a 4-bedroom owner's unit plus an income-producing 2-bedroom apartment on the third floor. Enjoy the privacy and amenities of a single family home including exclusive front entrance, fenced yard, and cobblestone driveway for two. The primary unit welcomes you with a grand entryway garnished with high ceilings, elaborate moldings and an impressive staircase. The embellishments continue on through the living space, boasting original medallions, floor-to-ceiling windows with wood shutters, and multiple fireplaces including a Godin coal stove. Entertain on the back deck or gather in the open chef's kitchen around the pizza oven. The third floor unit is the icing on the cake! A bright, open space with vaulted ceilings and skylights, sizable bedrooms, spa-like bathroom and bridge views from the private deck. So much to offer just steps from downtown and Broadway. Come experience this Historic Hill gem for yourself!
  1. Listed by Kelly Moran • WILLIAM RAVEIS CHAPMAN ENSTONE

Property Details for 16 Sherman Street

Subdivision Name
Historic Hill

Location

Listing Courtesy of WILLIAM RAVEIS CHAPMAN ENSTONE

Sold By BHHS New England Properties

Add your commute
LISTING UPDATED: 12/28/2021 08:33 AM

Property Details for 16 Sherman Street

StatusClosed
MLS #1300622
Days on Market1
Taxes$8,343 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1856
Lot Size0.10 AC / 4,219 SF
CountyNewport County

Location

Listing Courtesy of WILLIAM RAVEIS CHAPMAN ENSTONE

Sold By BHHS New England Properties

Add your commute

Building Information for 16 Sherman Street

Stories3Residences2Year Built1856Building Size-Lot Size0.10 AC / 4,219 SF

Payment Calculator

$8,281 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,586

Property Taxes

$695

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 Sherman Street

Summary
Location and General Information
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Postal City: Newport
  • Zoning: R10
  • County: Newport
  • City: Newport
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 2
Taxes and HOA Information
  • Tax Annual Amount: $8,343.00
  • Tax Assessed Value: 811600
  • Tax Lot: 048
  • Tax Year: 2020
Property
Lot Information
  • Lot Size Acres: 0.1
  • Lot Size Area: 4219.0
  • Lot Size Square Feet: 4219.0
  • Lot Size Units: Square Feet
  • Building Area Total: 5,068.00
  • Parcel Number: 16SHERMANSTNEWP
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Plaster, Clapboard, Wood Siding
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Stories Total: 3
  • Year Built: 1856
  • Property Type: Residential Income
Utilities
  • Cooling: None
  • Cooling: No
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Gas, Hot Water
  • Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Foundation Details: Combination, Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 6
  • Fireplace Features: Masonry, Marble
  • Fireplace: Yes
  • Fireplaces Total: 4
  • Flooring: Carpet, Hardwood
  • Interior Features: Bathtub, Tub Shower, Wood Burning Stove
  • Laundry Features: Common Area
  • Rooms Total: 12
MultiFamily
Income & Expenses
  • Operating Expense: $0
Unit 1
  • Unit Type 1: 2 Bedroom
  • Unit Type Actual Rent 1: $1,400.00
  • Unit Type Baths Total 1: 1
  • Unit Type Beds Total 1: 2
Unit 2
  • Unit Type 2: 4 Bedroom Or More
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 4
Rental Information
Rent Information
  • Land Lease: false

Property History for 16 Sherman Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 Sherman Street

Taxable ValueLand$321,000Additions$490,600Total$811,600
Tax Record2023$8,051 ($671 / month)
Home Facts
Baths2.5Total Finished SqFt3,010 SqFtAbove Grade Finished SqFt3,010 SqFtStories3Lot Size4,221 SqFtStyleMulti-Family Dwelling (2-4)Year Built1850Year Renovated1982ZoningR10CountyNEWPORTAPNNEWP M:021 B:0048Fireplace TypeHas Fireplace

Schools near 16 Sherman Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - 9 to 12
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Pell Elementary School
PublicPK to 4

Newport Area Career Tech Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of WILLIAM RAVEIS CHAPMAN ENSTONE

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.