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12 Cherry St

Newport, RI 02840

2 bd 2 ba 1,008 sqft Built 1882 Lot 1,307 sqft single_family
Most recent sale
$735,000
Oct 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 19, 2022 Sold $735,000 MLS #1313193
Sep 14, 2022 Price changed $749,000 MLS #1313193
Aug 10, 2022 Price changed $764,000 MLS #1313193
Jul 20, 2022 Price changed $779,000 MLS #1313193
Jun 16, 2022 Listed $799,000 MLS #1313193
May 17, 1995 Sold $107,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $315,700 $366,000 $681,700 $4,895
2023 $208,700 $240,900 $449,600 $4,460
2022 $208,700 $240,900 $449,600 $4,321
2021 $208,700 $240,900 $449,600 $4,195
2020 $166,900 $275,200 $442,100 $4,545
2019 $166,900 $275,200 $442,100 $4,545
2018 $166,900 $275,200 $442,100 $4,417
2017 $166,500 $211,700 $378,200 $4,240
2016 $166,500 $211,700 $378,200 $4,134
2015 $166,500 $211,700 $378,200 $4,035
2014 $157,500 $165,500 $323,000 $3,895
2013 $157,500 $165,500 $323,000 $3,782
2006 $198,500 $226,400 $424,900 $3,408

Property facts

Year built
1882
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,008 sqft
Lot size
1,307 sqft
ZIP code
02840
City
Newport
Street
Cherry St
Coordinates
41.49597, -71.31887

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,410
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 12 Cherry St last sell?
12 Cherry St most recently sold on Oct 19, 2022 for $735,000.
What is the current tax assessment for 12 Cherry St?
The most recent total assessment for 12 Cherry St (year 2025) is $681,700 with $4,895 in property tax.
How does 12 Cherry St's assessment compare to its last sale price?
The current assessment is 7.3% below the last sale price of $735,000.
When was 12 Cherry St built?
12 Cherry St was built in 1882.
How does 12 Cherry St compare to others on Cherry St?
We track 8 other properties on Cherry St. Browse the list under "Other properties on Cherry St" to compare beds, baths, and sale history.
What are the property facts for 12 Cherry St?
12 Cherry St is a 2 bed, 2 bath, 1,008 sqft, 1,307 sqft lot single_family.
Is 12 Cherry St a flip candidate?
No — 12 Cherry St does not appear in our flips dataset.
Is 12 Cherry St a tax-appeal candidate?
No — 12 Cherry St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$1.12M
2026 Q4
$1.07M
ZIP 02840 — Median Price History + Forecast

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