NOT LISTED FOR SALE

7 Young St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $695,000 - $1,468,000

2 Beds
2 Baths
964 Sq Ft
$1,199/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $1,240,000 $1,286 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,059/month

Highlights

  • Colonial Architecture
  • Central Air
  • Gas Fireplace
  • Wood Flooring
  • Heating System Uses Steam
  • 3-minute walk to Aquidneck Park

About This Home

As of January 2023

For comp purposes only

Last Agent to Sell the Property

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 01/12/2023

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 01/12/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,280

Year Built

  • Built in 1880

Lot Details

  • 2,115 Sq Ft Lot
  • Property is zoned LB

Home Design

  • Colonial Architecture
  • Stone Foundation
  • Clapboard

Interior Spaces

  • 964 Sq Ft Home
  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 200+ Amp Service
  • Gas Water Heater

Community Details

  • Yachting Village Subdivision

Listing and Financial Details

  • Tax Lot 318
  • Assessor Parcel Number 7YOUNGSTNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,280

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0486
  • Subdivision Name: Yachting Village
  • Above Grade Finished Sq Ft: 964.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Crawl Space, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Insert, Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 964.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2115.0
  • Parcel #: 7YOUNGSTNEWP
  • Zoning: LB
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4280.0
  • Tax Lot: 318
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Jan 10, 2023
Sold by
Dusty James G and Dusty Lisa T
Bought by
Kbc Newport Llc
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$1,240,000
Sold Price
$1,240,000
Total Days on Market
0
Current Estimated Value
$1,155,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,015
Avg. Annual Appreciation
-2.89%

Purchase Details

Closed on
Aug 20, 2020
Sold by
Gordon Development Co
Bought by
Dusty James G and Dusty Lisa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 21, 2019
Closed on
Dec 14, 2019
Sold by
T R
Bought by
Gordon Development Co
Seller's Agent
Shari Dailey
Compass / Lila Delman Compass
Buyer's Agent
James Luth
HERE Realty
List Price
$465,000
Sold Price
$665,000
Premium/Discount to List
$200,000
43.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Aug 31, 2001
Sold by
Alsheimer Timothy
Bought by
Friedrich Eugene W

Purchase Details

Closed on
Jun 14, 2001
Sold by
Newport Restoration
Bought by
Alsheimer Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Kbc Newport Llc $1,240,000 None Available
Dusty James G -- None Available
Gordon Development Co $455,000 None Available
Friedrich Eugene W $210,000 --
Alsheimer Timothy $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kbc Newport Llc $750,000
Previous Owner Dusty James G $440,000
Previous Owner Dusty James G $498,000
Previous Owner Dusty James G $500,000
Previous Owner Alsheimer Timothy $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2023 01/12/23 Sold $1,240,000 0.0% $1,286 / Sq Ft
01/12/2023 01/12/23 For Sale $1,240,000 +86.5% $1,286 / Sq Ft
12/20/2019 12/20/19 Sold $665,000 +43.0% $710 / Sq Ft
11/21/2019 11/21/19 For Sale $465,000 -- $497 / 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 $6,845 $832,700 $342,000 $490,700
2023 $5,499 $554,300 $223,600 $330,700
2022 $5,327 $554,300 $223,600 $330,700
2021 $4,280 $458,700 $223,600 $235,100
2020 $4,056 $394,600 $217,200 $177,400
2019 $4,056 $394,600 $217,200 $177,400
2018 $3,942 $394,600 $217,200 $177,400
2017 $3,584 $319,700 $155,400 $164,300
2016 $3,494 $319,700 $155,400 $164,300
2015 $3,411 $319,700 $155,400 $164,300
2014 $3,494 $289,700 $132,100 $157,600
Source: Public Records

Agents Affiliated with this Home

  • Alex Fraioli

    Seller's Agent in 2023

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    11 in this area

    148 Total Sales

    Alex Fraioli
    Section Image
  • Shari Dailey

    Seller's Agent in 2019

    Shari Dailey

    Compass / Lila Delman Compass

    (401) 239-7176

    26 Total Sales

    Shari Dailey
    Section Image

  • E

    Seller Co-Listing Agent in 2019

    Elizabeth Cody

    Compass / Lila Delman Compass

    (781) 492-8396

    6 Total Sales

    Elizabeth Cody
    Section Image
  • James Luth

    Buyer's Agent in 2019

    James Luth

    HERE Realty

    (401) 862-9078

    116 Total Sales

    James Luth
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1328054

State-Wide MLS

APN: NEWP-000032-000000-000318

Rhode Island Newport County Newport 02840 Historic Hill

7 Young St, Newport, RI

This home is located at 7 Young St, Newport, RI 02840 since 12 January 2023 and is currently estimated at $1,155,985, approximately $1,199 per square foot. This property was built in 1880. 7 Young St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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