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7 Florence Avenue, Newport, RI 02840
$1,495,000
7 Florence Avenue, Newport, RI 02840View this property at 7 Florence Avenue, Newport, RI 02840
7 Florence AvenueNewportRI02840
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Property Description
Welcome to this charming colonial home located on a tree-lined residential street off of Ruggles Avenue. The main level boasts a spacious, yet manageable floorplan. A formal living room with beautiful natural light invites you either outside to a lovely private oasis or through to an updated kitchen, featuring marble countertops, newer stainless appliances, and excellent storage options. The kitchen effortlessly flows into an inviting dining room but also into a large den, complete with a working wood fireplace, butler's pantry, first floor bedroom and full bath. Up the main stairway, you will find three nice sized bedrooms that share a full bath. Ascend to the bonus semi-finished attic, offering endless possibilities such as a bunk room, office, or exercise studio. True delight awaits in the primary suite, accessed via its own private stairway. A neutral, peaceful pallet of grays and whites all freshly painted- greet you as you step into this haven of relaxation. A new custom walk-in closet with laundry adds convenience, while the ensuite bath features a tiled walk-in shower and a generous private covered deck, ideal for enjoying morning coffee. The lower level features a finished basement with a full bath plus flexible space for lounging, work or exercise. Outside, a large bluestone patio beckons for al fresco dining and leisurely gatherings. Equipped with solar panels and air conditioning, this captivating colonial is where charm meets modern luxury in perfect harmony.
Full Property Details
Full Property Details for 7 Florence Ave
General
- Price: $1,495,000
- Taxes: $13,022 (2024)
- Status: Active
- Type: Single Family
- MLS ID: 1358707
- Updated: 5/19/2024
- Added to Site: 19 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Attic, Permanent Attic Stairs, Skylights, Tub Shower
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Masonry
- Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
- Flooring: Carpet, Ceramic Tile, Hardwood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Tennis: Yes
Exterior
- Exterior Features: Deck, Patio
- Porch/Patio/Deck: Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Total Spaces: 4
- Parking Features: Detached, Garage
Location
- County: Newport
- Subdivision: Ruggles
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ductless
- Heating Type: Baseboard, Hot Water, Oil, Radiant, Zoned
Utilities
- Sewer: Connected
- Water: Connected
- Utility Description: Sewer Connected
Structural Information
- Architectural Style: Colonial
- Detached/Attached: Detached
- Construction: Drywall, Shingle Siding, Wood Siding
- Basement: Yes
- Basement Desc.: Full, Interior Entry, Partially Finished
- Windows: Skylight(s), Thermal Windows
- Stories/Levels: 2
- Building Size: 3953
- Square Feet: 3,953
- Living Area: 3,953 Sq. Ft.
- Finished Total: 3,953 Sq. Ft.
- Finished Above Grnd: 3,453 Sq. Ft.
- Finished Below Grnd: 500 Sq. Ft.
- Year Built: 1945
Lot Features
- Lot Size (Acres): 0.1928
- Lot Size (Sq. Ft.): 8,400
- Lot Size: 8400
Water Features
- Water Front Desc.: Walk to Water
Financial Considerations
- Tax Amount: $13,022
- Tax Year: 2024
Disclosures and Reports
- Compensation Comments: 2.5% net sale
- Inclusions: Taxes based on Residential Tax rate of $9.92 per thousand. Non-resident tax rate would be calculated using $10.93 per thousand.
- Property ID: 7FLORENCEAVNEWP
- Lot Number: 342
Listed by Gustave White Sotheby's Realty
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Schools
Schools serving 7 Florence Ave
School District:Newport Schools
Rating | Name | Grades | Distance |
---|---|---|---|
15 Wickham Rd, Newport, RI 02840 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7 Florence Ave
Date
Details
Price
Change
Source
5/14/2024
Listed
$1,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7 Florence Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$8,533
4%
$860,200
1%
2022
$8,187
3%
$851,900
—
2021
$7,948
21%
$851,900
34%
2020
$6,556
—
$637,700
—
2019
$6,556
3%
$637,700
—
2018
$6,371
3%
$637,700
16%
2017
$6,186
3%
$551,800
—
2016
$6,031
2%
$551,800
—
2015
$5,888
-5%
$551,800
7%
2014
$6,230
3%
$516,600
—
2013
$6,049
—
$516,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7 Florence Ave
7 Florence Avenue, Newport, RI 02840 (MLS# 1358707) is a Single Family property with 5 bedrooms and 4 full bathrooms. 7 Florence Avenue is currently listed for $1,495,000 and was received on May 14, 2024. Want to learn more about 7 Florence Avenue? Do you have questions about finding other Single Family real estate for sale in Newport? You can browse all Newport real estate or contact a Coldwell Banker agent to request more information.