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Backup Offers

7 Loyola Ter, Newport, RI, 02840

$895,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,418 SqFt
$631/SqFt
House
Schools Nearby

Location

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7 Loyola Ter, Newport$895,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNo Garage
Year Built1948
HeatingHot Water, Oil
CoolingNone
BasementYes
FireplaceNone
MLS #1356359
Lot Size0.22 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 7 Loyola Ter

Discover your Newport sanctuary just off Eustis Avenue, a prime location close to the beaches. This updated 3-bedroom home features 2 baths, a spacious living and dining area, gleaming hardwoods, and off-street parking. Enjoy the rear patio overlooking a vast yard, perfect for entertaining. Minutes from downtown, Bellevue Avenue, Cliff Walk, and the Navy Base. Your perfect blend of comfort and convenience awaits in this coastal haven.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin/Cottage
  • Year Built: 1948
  • Stories: 2
  • Living Area: 1,418 SqFt

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood, Laminate
  • Interior: Attic, Tub Shower
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Paved Driveway

Parking Information:

  • Parking: No Garage

Lot Features

Lot Information:

  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Oil
  • Cooling: None

School Info

Assigned Schools Information:

  • Rogers High School, Public District Grades 9-12
  • Frank E. Thompson Middle School, Public District Grades 5-8
  • Claiborne Pell Elementary School, Public District Grades PK-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $895,000
  • Price Per SqFt: $631/SqFt

Tax Information:

  • Annual Amount: $5,478
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Newport, RI.

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Newport, RI

City

Med. Sold Price

$820K

Med. Price/SqFt

$566

Avg. Days On Market

60

# of Sold Homes

18

7 Loyola Ter vs Newport

18 DAYS ON ROCKET

-42 Days

$895,000

+$75K More

$631/SqFt

+$65 More

KEY TAKEAWAY

This property is $75K more than the Median Sold Price and $65/SqFt more than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1356359

Listing Office:

  • Office Name: Keller Williams Coastal
  • Office Phone: (401) 845-9200

Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2024 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 19, 2006Home Sold
$406,000
Nov 16, 1999Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,478$587,100
2020$4,509$438,600
2019$4,509$438,600
2018$4,382$438,600
2017$4,021$358,700

History based on county public records data.

Payment Calculator

$4,534

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,750

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3243068
2
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.70 miles

  • Public District Grades PK-4

Middle School

school-card-donut-3243069
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.76 miles

  • Public District Grades 5-8

High School

school-card-donut-3243070
4
/10

  • Rogers High School

  • 15 Wickham Rd

  • 2.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,000. The most common annual income of people living in Newport, RI is between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Loyola Ter

What is the listing price of this property?

The listing price of 7 Loyola Ter property is $895,000.

What type of property is this?

The property 7 Loyola Ter is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Accepting Backup Offers: 7 Loyola Ter is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 7 Loyola Ter are:
Claiborne Pell Elementary School: GreatSchools Rating 2/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,478 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 19, 2006 for $406,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7 Loyola Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7 Loyola Ter is 1,418 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 Loyola Ter is 1948.

Rocket Homes›Rhode Island›Newport County›Newport›02840›7 Loyola Ter

This home is located at 7 Loyola Ter in Newport, RI and zip code 02840. This 1,418 square foot home, which was built in 1948, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $895,000.

While more than 2 listings in Newport, RI in March 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 13 were sold below. The inventory of homes for sale in Newport, RI between February 2024 and March 2024 increased by 20%. In March 2024 median list price was $820,000 and the average listing age was 60 days.

From Rocket Homes Real Estate and based on county public records data.

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