Tour
$10,000 Closing Credit¹
#1384070, Listing office: Gustave White Sotheby's Realty
$1,495,000 List price
42 Sherman St Newport, RI 02840
$10,000
Closing credit¹
3 beds
2 full
1,368 sqft
$1,093 / sqft
House
Property details
About 42 Sherman St
Charming 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!
Highlights
Home typeSingle Family Residence
HeatingElectric, Forced Air
StatusSale Pending
(Pending)
(Pending)
CoolingCentral Air
Size1,368 sqft
BasementYes
Year built1890
ParkingDetached, Garage
MLS #1386178
WaterfrontWaterfront
FireplaceGas
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator
- Basement: Yes
- Flooring Type: Ceramic Tile, Hardwood
- Interior: Stall Shower
- Fireplace: Gas
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Detached, Garage
- Waterfront: Waterfront
- Exterior: Paved Driveway
- Architectural Style: Historic/Antique
- Heating: Electric, Forced Air
- Cooling: Central Air
- List Price: $1,495,000
- Price/SqFt: $1,092
- Annual Tax Amount: $8,396
- Tax Year: 2024
- Year Built: 1890
- Stories: 2
- Living Area: 1,368 SqFt
- MLS Number: 1386178
- MLS Name: RIS
- Office Name: RE/MAX Properties
- Office Phone: (401) 232-3900
- Office Email: rzompa@aol.com
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/6/2025, 4:45:27 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,495,000
42 Sherman St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 14, 2024 | Home Sold | $250,957 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,021,400 | $8,396 |
| 2023 | $619,500 | $6,145 |
| 2022 | $619,500 | $5,953 |
| 2021 | $619,500 | $5,780 |
| 2020 | $565,300 | $5,811 |
| 2019 | $565,300 | $5,811 |
History based on county public records data.
Nearby schools
4
Claiborne Pell Elementary School
Public District PK-4
1.3 mi
•35 Dexter St
5
Joseph Gaudet Academy
Public District 4-4
2.6 mi
•1113 Aquidneck Ave
7
Melrose Avenue School
Public District PK-4
3.8 mi
•76 Melrose Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $61,111. Typical income of Newport, RI residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
30%
<35k
48%
35k-100k
16%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
4%
Single, with Kids
19%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
2%
12-17 yrs old
31%
18-34 yrs old
44%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Yoga/pilates
Symphony or Opera
Continuing Education Courses
Where do the neighbors shop?
H&M
Chico's
Express/Express For Men
Where do the neighbors go to eat?
Dominos Pizza
Boston Market
Qdoba
What do the neighbors drive?
Audi
Volvo
Volkswagen
What do the neighbors listen to?
Alternative
Talk/Personality
Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Newport, RI
Newport's transportation infrastructure supports both private and public transit options, with a network of roads and bridges connecting the city to the rest of Rhode Island and beyond. Public transportation services are available, providing connections to key areas within the city and to neighboring communities. The city is also bike-friendly, with several designated paths and lanes. For those without a vehicle, ride-sharing services are a popular choice for getting around.
The community benefits from a robust educational system, with a number of public and private schools providing a range of educational opportunities. Healthcare services are comprehensive, with local hospitals and clinics offering a variety of medical care options. Newport's public library system serves as a valuable resource for residents, and the city's array of shops and restaurants reflects the local culture, with an emphasis on seafood and coastal cuisine.
Newport is celebrated for its vibrant history and maritime culture, with the community taking pride in its well-preserved architecture and famous seaside attractions. The city's character is further enriched by annual events such as the Newport Jazz Festival and the Newport International Boat Show, which draw visitors from around the world and contribute to the area's lively atmosphere.
Newport's housing market is characterized by a blend of historic charm and modern luxury, with a significant presence of colonial and Victorian-style homes that reflect the city's rich history. The housing landscape is diverse, offering a mix of single-family homes, apartments, and townhouses. While the majority of homes are owner-occupied, there is also a substantial rental market catering to the city's seasonal population and year-round residents alike.
About 42 Sherman St
The listing price of 42 Sherman St property is $1,495,000.
The property 42 Sherman St is a house located in Newport, Rhode Island, 02840.
Sale Pending: 42 Sherman St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 42 Sherman St are: Claiborne Pell Elementary School (GreatSchools Rating 4/10), Joseph Gaudet Academy (GreatSchools Rating 5/10), Melrose Avenue School (GreatSchools Rating 7/10), Frank E. Thompson Middle School (GreatSchools Rating 3/10), Joseph H. Gaudet School (GreatSchools Rating 8/10), Lawn Avenue School (GreatSchools Rating 8/10), Rogers High School (GreatSchools Rating 3/10), Middletown High School (GreatSchools Rating 4/10), North Kingstown High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $8,396 (source: MLS/based on county public records data).
The last sale was on May 14, 2024 for $250,957 (source: MLS/tax record).
The property at 42 Sherman St has 3 bedrooms and 2 bathrooms.
The property 42 Sherman St is 1,368 SqFt (source: MLS/tax record).
The year of construction for 42 Sherman St is 1890.
This home is located at 42 Sherman St in Newport, RI and zip code 02840. This 1,368 square foot home was built in 1890. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $1,495,000.
In May 2025 more than 7 listings in Newport, RI were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 11 were sold below. In May 2025 in Newport, RI there were 34.8% more homes for sale than in April. Listings spent 28 days on the market in May 2025, and had a median list price of $965,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.