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31 Cranston Ave

Newport, RI 02840

4 bd 3 ba 3,286 sqft Built 1881 Lot 79,998 sqft condos
Most recent sale
$960,000
May 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2022 Sold $960,000 MLS #1303349
Feb 16, 2022 Listed $949,000 MLS #1303349
Sep 8, 2021 Price changed $899,999 MLS #1291073
Aug 19, 2021 Listed $949,999 MLS #1291073
Jan 4, 2021 Sold $780,000 MLS #1270202
Mar 13, 2020 Sold $675,000 MLS #1244253
Jan 8, 2020 Listed $695,000 MLS #1244253
Sep 15, 2010 Sold $379,000 Public Record
Jul 20, 2010 Listing removed $399,900 StateWide
Jul 8, 2010 Relisted $399,900 MLS #954671
Jul 6, 2010 Listing removed $399,900 StateWide
May 5, 2010 Price changed $399,900 MLS #954671
Apr 12, 2010 Price changed $425,000 MLS #954671
Dec 4, 2009 Listed $479,321 MLS #954671
Oct 18, 2009 Listing removed $449,874 StateWide
Sep 30, 2009 Price changed $449,874 MLS #939593
May 19, 2009 Listed $494,900 MLS #939593

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $980,200 $980,200 $7,038
2023 $738,300 $738,300 $7,324
2022 $738,300 $738,300 $7,095
2021 $738,300 $738,300 $6,888
2020 $588,700 $588,700 $6,052
2019 $588,700 $588,700 $6,052
2018 $588,700 $588,700 $5,881
2017 $510,300 $510,300 $5,720
2016 $510,300 $510,300 $5,578
2015 $510,300 $510,300 $5,445
2014 $509,900 $509,900 $6,149
2013 $509,900 $509,900 $5,971
2006 $581,900 $581,900 $4,667

Property facts

Year built
1881
Property type
condos
Stories
1
Beds
4
Baths
3
Living area
3,286 sqft
Lot size
79,998 sqft
ZIP code
02840
City
Newport
Street
Cranston Ave
Coordinates
41.49351, -71.30655

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
$4,929
Gross rental yield
6.16%
Implied cap rate
4.00%
Trend-extrapolated value

Frequently asked questions

When did 31 Cranston Ave last sell?
31 Cranston Ave most recently sold on May 19, 2022 for $960,000.
What is the current tax assessment for 31 Cranston Ave?
The most recent total assessment for 31 Cranston Ave (year 2025) is $980,200 with $7,038 in property tax.
How does 31 Cranston Ave's assessment compare to its last sale price?
The current assessment is 2.1% above the last sale price of $960,000.
When was 31 Cranston Ave built?
31 Cranston Ave was built in 1881.
How does 31 Cranston Ave compare to others on Cranston Ave?
We track 7 other properties on Cranston Ave. Browse the list under "Other properties on Cranston Ave" to compare beds, baths, and sale history.
What are the property facts for 31 Cranston Ave?
31 Cranston Ave is a 4 bed, 3 bath, 3,286 sqft, 79,998 sqft lot condos.
Is 31 Cranston Ave a flip candidate?
Yes — 31 Cranston Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 31 Cranston Ave a tax-appeal candidate?
No — 31 Cranston Ave 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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