Landlord's Agent in 2020
Karin Jackson
Lila Delman Compass
(401) 338-3771
2 in this area
163 Total Sales
7 Cottage St Unit 1 Newport, RI 02840
Old Beach Neighborhood
3
Beds
3
Baths
1,708
Sq Ft
8,189
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- No HOA
- Deck
- Corner Lot
- 4-minute walk to Touro Park
About This Home
As of May 2020Fully Renovated! In-town living at its finest. This pet-friendly, well-appointed 3-bedroom, 3-bath apartment with a garage space, private fenced in back yard and an additional off-street parking space. Bathrooms are finished with marble tile and Kohler fixtures, kitchen has a gas stove and stainless steel Samsung appliances. Each bedroom has its own flat-screen, wall-mounted smart TV and California Closets. Large, private deck, central air and laundry in Unit. Steps to Bellevue Avenue, downtown Newport, and the International Tennis Hall of Fame, this new space will afford you all of what Newport has to offer while you leave your car at home and walk everywhere.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $15,888
Year Built
- Built in 1841
Lot Details
- Fenced
- Corner Lot
Parking
- 1 Car Detached Garage
- Driveway
- Assigned Parking
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,708 Sq Ft Home
- 3-Story Property
- Gas Fireplace
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Property Available on 5/1/20
- Tenant pays for hot water
- 12 Month Lease Term
- Assessor Parcel Number 7COTTAGEST1NEWP
Community Details
Overview
- No Home Owners Association
- 3 Units
- Catherine Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 19, 2021
Sold by
Simaan Properties Llc
Bought by
Witt Ralph D and Witt Laura A
Purchase Details
Closed on
Jun 11, 2019
Sold by
Us Bank Na Tr
Bought by
Simaan Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,750
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 20, 2019
Sold by
Kiley Edward F
Bought by
Us Bank Na
Purchase Details
Closed on
Nov 20, 2000
Sold by
Garrity F Michael
Bought by
Kiley Edward F
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Witt Ralph D | $1,800,000 | None Available | |
| Witt Ralph D | $1,800,000 | None Available | |
| Simaan Properties Llc | -- | -- | |
| Simaan Properties Llc | -- | -- | |
| Us Bank Na | $677,853 | -- | |
| Us Bank Na | $677,853 | -- | |
| Kiley Edward F | $249,000 | -- | |
| Kiley Edward F | $249,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Simaan Properties Llc | $483,750 | |
| Previous Owner | Kiley Edward F | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2020 05/01/20 | Rented | $3,500 | 0.0% | -- |
| 05/01/2020 05/01/20 | For Rent | $3,500 | -- | -- |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $15,888 | $2,212,800 | $559,500 | $1,653,300 |
| 2024 | $17,923 | $2,180,400 | $559,500 | $1,620,900 |
| 2023 | $13,970 | $1,408,300 | $368,300 | $1,040,000 |
| 2022 | $13,534 | $1,408,300 | $368,300 | $1,040,000 |
| 2021 | $13,139 | $1,408,300 | $368,300 | $1,040,000 |
| 2020 | $11,656 | $1,133,900 | $322,400 | $811,500 |
| 2019 | $11,656 | $1,133,900 | $322,400 | $811,500 |
| 2018 | $11,328 | $1,133,900 | $322,400 | $811,500 |
| 2017 | $8,822 | $787,000 | $248,000 | $539,000 |
| 2016 | $8,602 | $787,000 | $248,000 | $539,000 |
| 2015 | $8,397 | $787,000 | $248,000 | $539,000 |
| 2014 | $7,305 | $605,700 | $193,900 | $411,800 |
Source: Public Records
Agents Affiliated with this Home
-
Karin Jackson
-
Laurie Hewitt Burke
Tenant's Agent in 2020
Laurie Hewitt Burke
Lila Delman Compass
(401) 662-5946
2 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1253055
APN: NEWP-000025-000000-000093
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