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 Agent to Sell the Property

Jennifer Lawrence

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

Last Buyer's Agent

Christopher Woodard

Keller Williams Coastal

Keller Williams Coastal

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

    Lila Delman Compass

    (401) 848-2101

    3 in this area

    65 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

    258 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

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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