Seller's Agent in 2022
Grace Cimo
Gustave White Sotheby's Realty
(401) 222-9651
10 in this area
86 Total Sales
7 Sharon Ct Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $1,591,000 - $2,442,000
3
Beds
2.5
Baths
2,268
Sq Ft
$848/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- Deck
- Water Views
- Colonial Architecture
- 3-minute walk to Spencer Park
About This Home
As of December 2022Completely renovated inside and out, this three-bedroom in-town home offers a highly desirable two-car garage, three off-street parking spots, and expansive roof top deck over looking the harbor, Fort Adams and the Newport Bridge! This hidden gem is the last house on a quiet dead end street just off Thames St offering plenty of privacy. First level offers, mudroom/laundry area and two car garage. Second level is a sun filled open floor plan with a spacious large living room, gas fireplace, quartz kitchen with large island, and half bath. A small deck off the living room leads you to the private fenced in patio with outdoor shower. Second floor consists of two good sized bedrooms with a full bath. The entire third floor is the principal suite with room for a sitting area, small balcony with harbor views, large marble bath with with stairs up to an expansive rooftop deck, offering views of the Newport Bridge and Harbor. Hardwoods on all three floors, brand new central air, utilities all less then 10 years old. Walk to town, Cliff Walk, and the beaches from this updated oasis.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0031199 Listed on: 11/08/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,061
Year Built
- Built in 1998
Lot Details
- 3,298 Sq Ft Lot
- Fenced
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 2,268 Sq Ft Home
- 4-Story Property
- Gas Fireplace
- Thermal Windows
- Water Views
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Balcony
- Deck
- Patio
- Breezeway
Location
- Property near a hospital
Utilities
- Cooling System Mounted In Outer Wall Opening
- Forced Air Heating System
- Heating System Uses Gas
- Baseboard Heating
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 488
- Assessor Parcel Number 7SHARONCTNEWP
Community Details
Overview
- Wellington/Downtown Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2022
Closed on
Dec 2, 2022
Sold by
Murray Lee A
Bought by
Stott Jonathan D
Seller's Agent
Grace Cimo
Gustave White Sotheby's Realty
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$522,742
Avg. Annual Appreciation
11.08%
Purchase Details
Listed on
Feb 28, 2012
Closed on
Sep 7, 2012
Sold by
Osborne Philip G and Osborne Tracey M
Bought by
Murray Lee A
Seller's Agent
Jack McVicker
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Grace Cimo
Gustave White Sotheby's Realty
List Price
$480,000
Sold Price
$400,000
Premium/Discount to List
-$80,000
-16.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.00%
Purchase Details
Closed on
Feb 5, 2004
Sold by
Obrien Daniel
Bought by
Osborne Philip and Osborne Tracey
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,200
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stott Jonathan D | $1,400,000 | None Available | |
| Murray Lee A | $400,000 | -- | |
| Murray Lee A | $400,000 | -- | |
| Osborne Philip | $599,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Osborne Philip | $60,350 | |
| Previous Owner | Osborne Philip | $599,900 | |
| Previous Owner | Osborne Philip | $167,300 | |
| Previous Owner | Osborne Philip | $435,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2022 12/08/22 | Sold | $1,400,000 | 0.0% | $617 / Sq Ft | |
| 11/08/2022 11/08/22 | For Sale | $1,400,000 | +250.0% | $617 / Sq Ft | |
| 09/10/2012 09/10/12 | Sold | $400,000 | -16.7% | $211 / Sq Ft | View Prior Sale |
| 08/11/2012 08/11/12 | Pending | -- | -- | -- | |
| 02/29/2012 02/29/12 | For Sale | $480,000 | -- | $253 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $11,767 | $1,354,200 | $450,300 | $903,900 |
| 2024 | $11,132 | $1,354,200 | $450,300 | $903,900 |
| 2023 | $7,289 | $734,800 | $245,300 | $489,500 |
| 2022 | $7,061 | $734,800 | $245,300 | $489,500 |
| 2021 | $6,856 | $734,800 | $245,300 | $489,500 |
| 2020 | $6,128 | $596,100 | $219,900 | $376,200 |
| 2019 | $6,128 | $596,100 | $219,900 | $376,200 |
| 2018 | $5,955 | $596,100 | $219,900 | $376,200 |
| 2017 | $6,023 | $537,300 | $157,300 | $380,000 |
| 2016 | $5,873 | $537,300 | $157,300 | $380,000 |
| 2015 | $5,733 | $537,300 | $157,300 | $380,000 |
| 2014 | $6,211 | $515,000 | $133,700 | $381,300 |
Source: Public Records
Agents Affiliated with this Home
-
Grace Cimo
-
Ryan Hazinakis
Buyer's Agent in 2022
Ryan Hazinakis
Keller Williams Coastal
(401) 477-4251
4 in this area
118 Total Sales
-
Jack McVicker
Seller's Agent in 2012
Jack McVicker
RE/MAX Profnl. Newport, Inc.
(401) 829-1601
1 in this area
17 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1323852
APN: NEWP-000039-000000-000488
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