NOT LISTED FOR SALE

7 Lasalle Place Newport, RI 02840

Estimated Value: $846,581 - $913,000

3 Beds
2 Baths
1,308 Sq Ft
$681/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $585,000 $447 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,504/month

40 Days on Market

Highlights

  • Wood Flooring
  • Cottage
  • Skylights
  • Tennis Courts
  • Walking Distance to Water
  • 3-minute walk to Battery Park

About This Home

As of January 2021

Newport Charm in The Point! Light filled Newport cottage boasting period detail including bulls eye molding, crown molding, hardwood floors, claw foot tub, fenced yard, and parking. The open floor plan on the first floor offers a great space for entertaining. Hop off the bridge, park your car and enjoy a stroll to the Van Zandt Pier, Hunter Park, Battery Park, Broadway or downtown...the possibilities are endless from this adorable cottage located on a convenient, yet quiet street. Property abuts Gladding Ct. and rear fence opens onto Gladding, allowing for additional access to the property. Recent gas conversion to a high efficiency gas heating system and blown in insulation make this home economical to heat. Strong rental history. A great year round or second home opportunity. Not in a flood zone.

Last Agent to Sell the Property

Amy Hoag

RE/MAX Profnl. Newport, Inc. License #REB.0015474 Listed on: 11/05/2020

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Amy Hoag

RE/MAX Profnl. Newport, Inc. License #REB.0015474 Listed on: 11/05/2020

RE/MAX Profnl. Newport, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,831

Year Built

  • Built in 1920

Lot Details

  • 2,178 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Cottage
  • Stone Foundation
  • Clapboard

Interior Spaces

  • 1,308 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 1 Parking Space
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 135
  • Assessor Parcel Number 7LASALLEPLNEWP

Community Details

Overview

  • The Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,831

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.05
  • Subdivision Name: The Point
  • Above Grade Finished Sq Ft: 1308.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Skylights, Tub Shower
  • Living Area: 1308.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None, 1 Unit
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2178.0
  • Parcel #: 7LASALLEPLNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4831.0
  • Tax Lot: 135
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 13, 2021
Sold by
Dorfmam Avram
Bought by
Julia Andrew T and Proto Nicole A
Seller's Agent
Amy Hoag
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Amy Hoag
RE/MAX Profnl. Newport, Inc.
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Total Days on Market
40
Current Estimated Value
$890,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,895
Avg. Annual Appreciation
10.27%
Original Mortgage
$468,000
Outstanding Balance
$425,018
Interest Rate
2.67%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$474,456

Purchase Details

Closed on
Apr 19, 2004
Sold by
Berlinghof Charles
Bought by
Dorfman Avram

Purchase Details

Closed on
Aug 20, 2003
Sold by
Hagan John
Bought by
Berlinghof Charles
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Julia Andrew T $585,000 None Available
Dorfman Avram $455,000 --
Berlinghof Charles $320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Julia Andrew T $468,000
Previous Owner Hagan John S $420,000
Previous Owner Hagan John S $113,600
Previous Owner Hagan John S $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $585,000 -2.3% $447 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $599,000 -- $458 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $6,268 $762,500 $428,300 $334,200
2023 $5,617 $566,200 $281,900 $284,300
2022 $5,441 $566,200 $281,900 $284,300
2021 $5,283 $566,200 $281,900 $284,300
2020 $4,831 $469,900 $278,500 $191,400
2019 $4,831 $469,900 $278,500 $191,400
2018 $4,694 $469,900 $278,500 $191,400
2017 $4,386 $391,300 $214,100 $177,200
2016 $4,277 $391,300 $214,100 $177,200
2015 $4,175 $391,300 $214,100 $177,200
2014 $4,012 $332,700 $167,400 $165,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1269289

State-Wide MLS

APN: NEWP-000009-000000-000135