NOT LISTED FOR SALE

7 Dearborn St Newport, RI 02840

Historic Hill Neighborhood
8 Beds
5 Baths
4,597 Sq Ft
2,703 Sq Ft Lot

Last Sold June 07, 2021

Last sale price $1,100,000 $239 Per Sq Ft

9 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Walking Distance to Water
  • Water Views
  • Tennis Courts
  • Skylights

About This Home

As of June 2021

Imagine yourself on the rooftop deck on the 4th of July enjoying a spectacular panoramic display of fireworks! Great opportunity to own water view property in the heart of the Yachting Village. Situated at the bottom of Dearborn Street this property has a large back yard and water views from each floor with sweeping harbor vistas and bridge backdrops from the spacious third floor deck. The property is currently set up as a 4-unit multi-family dwelling with a 3-bedroom 2-bath unit composing the entire first floor. The second floor is comprised of a 2-bedroom 1-bath unit with open concept between the kitchen and living areas and then a 1-bedroom 1-bath unit that does have a full kitchen with a combined living/sleeping area. The third floor is a 2-bedroom 1-bath, loft style unit with direct access to a sizeable deck. The space is bright & airy and quite inviting & cozy at the same time. Shared laundry is located on the first floor. An impressive full stone foundation can be accessed down the west facing side alleyway. Gas heat is a plus. Potential to add off-street parking. A local well-known architect has drawn up three options to transform this impressive property: update the existing units, convert to three one-level units or a single-family conversion. Don't judge a book by its cover! Don't miss this opportunity to own a prime piece of downtown real estate and make it your own! Property being SOLD AS IS. Architectural drawings can be provided upon request.

Last Listed By

Karin Jackson

Compass / Lila Delman Compass Listed on: 04/28/2021

Compass / Lila Delman Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,303

Year Built

  • Built in 1900

Lot Details

  • 2,703

Parking

  • No Garage

Home Design

  • Fixer Upper
  • Combination Foundation
  • Shingle Siding

Interior Spaces

  • 4,597 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Storage Room
  • Utility Room
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Outbuilding
  • Porch

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 2,703 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 32
  • Assessor Parcel Number 79DEARBORNSTNEWP

Community Details

Overview

  • 4 Units
  • Yachting Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,303

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0621
  • Subdivision Name: Yachting Village
  • Above Grade Finished Sq Ft: 4597.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Skylights, Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Porch
  • Foundation Details: Combination
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2703.0
  • Parcel #: 79DEARBORNSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 7303.0
  • Tax Lot: 32
  • Tax Year: 2020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2021 06/07/21 Sold $1,100,000 0.0% $239 / Sq Ft
05/08/2021 05/08/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,100,000 -- $239 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Karin Jackson

    Seller's Agent in 2021

    Karin Jackson

    Compass / Lila Delman Compass

    (401) 338-3771

    9 in this area

    160 Total Sales

    Karin Jackson
    Section Image
  • Tracie Hall

    Buyer's Agent in 2021

    Tracie Hall

    Keller Williams Coastal

    (401) 602-5162

    1 in this area

    91 Total Sales

    Tracie Hall
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1281156

State-Wide MLS

Rhode Island Newport County Newport 02840 Historic Hill

7 Dearborn St, Newport, RI

Homes for Sale in Newport, RI

This home is located at 7 Dearborn St, Newport, RI 02840 since 28 April 2021. This property was built in 1900. 7 Dearborn St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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