Sold for $1,070,000

$1,070,000

36 Dearborn St, Newport, RI 02840

5beds

2,731sqft

Multi Family

Built in 1870

-- sqft lot

$1,506,800 Zestimate^®

$392/sqft

$2,880 Estimated rent

Home value

$1,506,800

$1.31M - $1.73M

$2,880/mo

Zestimate^® history

Owner options

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$2,880/mo

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$2,880/mo

Rent Zestimate^®

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$5,192/mo

Est. payment

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$5,192/mo

Est. payment

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What's special

This lovingly maintained home has been in the same family for several decades. A legal two-family with a charming front porch, it appears as a single family home from the street. The first floor features three bedrooms, a full bath, a spacious eat-in kitchen, large formal dining room, and a spacious living room. The second floor unit features several updates and features two large bedrooms, one of which has an adjoining office. This unit could likely be reconfigured to have three bedrooms. The backyard features a lovely patio. There is also a spacious, detached two-car garage - a rarity in Newport. The driveway has room for three more cars. Within walking distance of numerous stores, restaurants, bars, and cultural attractions.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Heating

Oil, Baseboard

Cooling

None

Features

Flooring: Hardwood, Laminate, Vinyl, Carpet
Basement: Full,Interior and Exterior,Partially Finished
Has fireplace: No

Interior area

Total structure area: 2,731
Total interior livable area: 2,731 sqft

Property

Parking

Total spaces: 5
Parking features: Detached
Garage spaces: 2

Features

Stories: 3

Lot

Size: 3,049 sqft

Details

Parcel number: NEWPM032B0200
Special conditions: Conventional/Market Value

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Materials

Clapboard

Condition

New construction: No
Year built: 1870

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Municipal
Utilities for property: Sewer Connected, Water Connected

Community & neighborhood

Location

Region: Newport

HOA & financial

Other financial information

Total actual rent: 0

Price history

Date	Event	Price
10/31/2024	Sold	$1,070,000+1.9%$392/sqft
Source: StateWide MLS RI #1365739 Report a problem
9/7/2024	Pending sale	$1,050,000$384/sqft
Source: StateWide MLS RI #1365739 Report a problem
9/3/2024	Listed for sale	$1,050,000$384/sqft
Source: StateWide MLS RI #1365739 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,533 +25.5%	$982,100 +0.6%
2024	$6,801 +14%	$975,800 +57.1%
2023	$5,968	$621,000
2022	$5,968 +3%	$621,000
2021	$5,794 +7.8%	$621,000 +18.7%
2020	$5,377	$523,100
2019	$5,377 +2.9%	$523,100
2018	$5,226 +10.2%	$523,100 +23.7%
2017	$4,741 +2.6%	$422,900
2016	$4,622 +2.4%	$422,900
2015	$4,512 +0.7%	$422,900 +13.8%
2014	$4,480 +6.2%	$371,500
2012	$4,220 +11.7%	$371,500 -2.3%
2011	$3,777 +3.8%	$380,400
2010	$3,637 +0.4%	$380,400
2009	$3,621 -16.8%	$380,400 -24.2%
2008	$4,351 +3.9%	$501,900
2007	$4,186 +4%	$501,900
2006	$4,025 +23.4%	$501,900 +119.9%
2005	$3,261 +11.2%	$228,200
2002	$2,932	$228,200