NOT LISTED FOR SALE

7 Newport Ave Newport, RI 02840

Estimated Value: $1,003,400 - $1,455,000

5 Beds
3 Baths
3,860 Sq Ft
$314/Sq Ft Est. Value

Last Sold June 28, 2019

Last sale price $675,000 $175 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $7,366/month

57 Days on Market

Highlights

  • Marina
  • 0.2 Acre Lot
  • Wood Flooring
  • Golf Course Community
  • Cathedral Ceiling
  • 5-minute walk to Congdon Parks

About This Home

As of June 2019

"The Captain"- This massive 5 bed, 3 full bath, 16 room Custom Victorian home has been built (and renovated) to last! First constructed in the year 1900 by a notable Newport ship captain, this home was completely re-imagined in 2014. 100% of the plumbing was replaced, along with a complete home re-wire for electric. A hallway bath and laundry was added and the hallway bath was sectioned off for the master. A new high efficiency gas boiler and endless water heater. Each were installed along with new baseboard heat and a whole house water filter. 3-zone heating upgrade for total comfort and efficiency. Smoke/carbon detectors were hardwired with plans approved by fire marshal. Custom windows were installed in 2016. The fully renovated kitchen was brought down to the studs and reinstalled with all new cabinets, stainless steel appliances/gas stove, granite counters in a cooks layout and great for entertaining. New tile floor was added in kitchen flowing into a new mudroom with built in seating and a large closet which can serve as a pantry. Hardwoods have refinished and restored. What's more...The full walk up attic is accessed through a door on the bedroom level with full-width stairs. Imagine the possibilities. Water and heat were plumbed to the attic for future full bathroom. Granite foundation is water tight. New gutters installed 2018. All construction, plumbing & smoke/co detector permits were received. Ample off-street parking. 2 garage spaces. This is Newport done right!

Last Agent to Sell the Property

Don Martone

Bond Brokerage License #REB.0018968 Listed on: 04/01/2019

Last Buyer's Agent

Christopher DePerro

Teri Degnan RE & Consulting License #RES.0042439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,328

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Paved or Partially Paved Lot
  • Property is zoned R10

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,860 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Marble Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Walking Distance to Water
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • Underground Utilities
  • 220 Volts
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 7NEWPORTAVNEWP

Community Details

Overview

  • Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,328

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.2
  • Subdivision Name: Broadway
  • Above Grade Finished Sq Ft: 3860.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathroom Rough-In, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Tub Shower
  • Living Area: 3860.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Fencing: Fenced
  • Lot Features: Paved
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, 220 Volts
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, 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: 8712.0
  • Parcel #: 7NEWPORTAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4327.67
  • Tax Lot: 026
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
Jun 17, 2019
Sold by
Jonkers Laurence A
Bought by
Fickel David M and Tobin-Fickel Anne L
Seller's Agent
Don Martone
Bond Brokerage
Buyer's Agent
Christopher DePerro
Teri Degnan RE & Consulting
List Price
$734,900
Sold Price
$675,000
Premium/Discount to List
-$59,900
-8.15%
Current Estimated Value
$1,250,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,916
Avg. Annual Appreciation
9.98%
Original Mortgage
$307,500
Outstanding Balance
$270,951
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$940,899

Purchase Details

Closed on
Mar 23, 2004
Sold by
Christy Susan and Christy Margaret
Bought by
Jonkers Lawence and Jonkers Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 2001
Sold by
Ryans Susan Est
Bought by
Christy Susan M and Christy Margaret
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Fickel David M $675,000 --
Fickel David M $675,000 --
Jonkers Lawence $465,000 --
Jonkers Lawence $465,000 --
Christy Susan M $230,000 --
Christy Susan M $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fickel David M $307,500
Closed Fickel David M $307,500
Previous Owner Christy Susan M $471,200
Previous Owner Christy Susan M $464,000
Previous Owner Christy Susan M $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2019 06/28/19 Sold $675,000 -8.2% $175 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $734,900 0.0% $190 / Sq Ft
03/17/2016 03/17/16 For Rent $3,000 0.0% --
03/17/2016 03/17/16 Rented $3,000 -- --
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 $6,601 $947,100 $247,700 $699,400
2023 $6,155 $620,500 $160,600 $459,900
2022 $5,963 $620,500 $160,600 $459,900
2021 $5,789 $620,500 $160,600 $459,900
2020 $4,455 $433,400 $113,200 $320,200
2019 $4,455 $433,400 $113,200 $320,200
2018 $4,330 $433,400 $113,200 $320,200
2017 $4,296 $383,200 $87,100 $296,100
2016 $4,188 $383,200 $87,100 $296,100
2015 $4,089 $383,200 $87,100 $296,100
2014 $4,576 $379,400 $77,900 $301,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1218976

State-Wide MLS

APN: NEWP-000014-000000-000026