NOT LISTED FOR SALE

7 Rhode Island Ave Newport, RI 02840

9 Beds
4 Baths
4,303 Sq Ft
7,793 Sq Ft Lot

Last Sold March 31, 2023

Last sale price $1,250,000 $290 Per Sq Ft

137 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • 3 Fireplaces
  • 0.18 Acre Lot
  • Attic
  • 3-minute walk to Congdon Parks

About This Home

As of March 2023

This home is located at 7 Rhode Island Ave, Newport, RI 02840 since 13 November 2022. This property was built in 1900. 7 Rhode Island Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

Last Listed By

Jennifer Lawrence

Compass / Lila Delman Compass License #REB.0014569 Listed on: 11/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,685

Year Built

  • Built in 1900

Lot Details

  • 7,793

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Fixer Upper
  • Stone Foundation
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4,303 Sq Ft Home
  • 3-Story Property
  • 3 Fireplaces
  • Marble Fireplace
  • Storage Room
  • Utility Room
  • Security System Leased
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Utilities

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

Additional Features

  • Walking Distance to Water
  • 7,793 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 162
  • Assessor Parcel Number 7RHODEISLANDAVNEWP

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Kay Street & Broadway Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,685

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1789
  • Inclusions: Estate - No Sellers' Disclosure One Tenant in Unit #2- Month-to-Month Tenancy Closing subject to receipt of the Discharge of Estate Tax Lien Certificate from the RI Division of Taxation. The Estate Tax Return has been filed.
  • Subdivision Name: Kay Street & Broadway
  • Above Grade Finished Sq Ft: 4303.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 3
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 9
  • Fireplace Features: Marble, Tile
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Other, Vinyl, Wood, Carpet
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Stone
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Leased
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Fuses
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7793.0
  • Parcel #: 7RHODEISLANDAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 9685.0
  • Tax Lot: 162
  • Tax Year: 2022

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
03/31/2023 03/31/23 Sold $1,250,000 -35.9% $290 / Sq Ft
11/13/2022 11/13/22 For Sale $1,950,000 -- $453 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jennifer Lawrence

    Seller's Agent in 2023

    Jennifer Lawrence

    Compass / Lila Delman Compass

    (401) 848-2101

    3 in this area

    63 Total Sales

    Jennifer Lawrence
    Section Image
  • Christopher Woodard

    Buyer's Agent in 2023

    Christopher Woodard

    Keller Williams Coastal

    (401) 845-9200

    2 in this area

    262 Total Sales

    Christopher Woodard
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1325217

State-Wide MLS

APN: NEWP M:019 B:0162

Rhode Island Newport County Newport 02840

7 Rhode Island Ave, Newport, RI

Homes for Sale in Newport, RI

This home is located at 7 Rhode Island Ave, Newport, RI 02840 since 13 November 2022. This property was built in 1900. 7 Rhode Island Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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