7 Florence Avenue Newport, RI $ 1,495,000
7 Florence Avenue
$ 1,495,000
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7 Florence Avenue

Newport, RI, 02840
$ 1,495,000
Bedrooms5 Baths4.0 Sq 3,953

Monthly Estimate*

$ 9,936

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Single Family Home for sale in Newport, RI

for $1,495,000 with 5 bedrooms and 4 full baths. This 3,953 square foot home was built in 1945 on a lot size of 0.1928.

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.

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Single Family Active

Price

$ 1,495,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 13,022

Style

Colonial

Lot Size

0.1928

Year Built

1945

Town/City

Newport

County/Region

Newport

MLS | Web ID

1358707

Features
General
Interior Features Attic PermanentAtticStairs Skylights TubShower
Sewer Connected
Heating Baseboard HotWater Oil Radiant Zoned
Cooling Ductless
Utilities SewerConnected
Possession Negotiable
Appliances Dryer Dishwasher ElectricWaterHeater Microwave Oven Range Refrigerator Washer
Exterior Features Deck Patio
Zoning R10A
Garage Spaces 1.0
Patio/Porch Features Deck Patio
Architectural Style Colonial
Construction Materials Drywall ShingleSiding WoodSiding
Year Built 1945
Electric Item200AmpService
Stories 2
Levels Two
Property SubType SingleFamilyResidence
Tax Year 2024
Waterfront Features WalktoWater
Community Features Golf Marina NearSchools RecreationArea Restaurant Shopping TennisCourts
County Newport
New Construction N
Property Type Residential
HOA / Comm Assn N
Attached Garage N
Subdivision Name Ruggles
Garage Y/N Y
Total Rooms 9
Status Active
City Newport
View Y/N N
Senior Community Y/N N
Lot Size Units SquareFeet
Lot Size Square Feet 8400.0
Waterfront Y/N N
Carport Y/N N
Street Name Florence
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 13022.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.RiLiving.com/7-Florence-AV-Newport-RI-02840
Days on Market 14
Standard Status Active
Tax Assessed Value 1312700
Tax Lot 342
Property Sub Type Additional SingleFamilyResidence
Expected Active Date 2024-05-18
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Interior
Basement Full InteriorEntry PartiallyFinished
Flooring Carpet CeramicTile Hardwood
Total Fireplaces 2
Fireplace Features Masonry
Total Stories 2
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Skylights ThermalWindows
Fireplace Y/N Y
Above Grade Finished Area 3453.0
Full Baths 4
Half Baths 0
Street Suffix Avenue
Total Bedrooms 5
Below Grade Finished Area 500.0
Electric On Property Y/N N
Total Baths 4
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Exterior
Parking Features Detached Garage
Water Source Connected
Total Parking 4.0
Inclusions Taxes based on Residential Tax rate of $9.92 per thousand. Non-resident tax rate would be calculated using $10.93 per thousand.
Lot Size Area 8400.0
Foundation Details ConcretePerimeter
Spa N
Building Area Total 3953.0
Lot Size Acres 0.1928
Covered Spaces 1.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7
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* Excluded Features
List By
Gustave White Sotheby's Realty

Broker

rking@gustavewhite.com

Email

Affordability Calculator

$11,021
Per Month
90%
10%
0%
Monthly Principal & Interest
$9,936
Monthly Property Taxes
$1,085
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
248553 Elementary School
248554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2024$1,495,000 Listed Price

Map


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7 Florence Avenue, Newport, RI, 02840 is a Single Family Home for sale at $1,495,000 with 3,953 sqft and a lot size of 0.1928. 7 Florence Avenue has 5 bedrooms, 4.0 baths, and was built in 1945. The property's zip code is 02840 which is in Newport, RI