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Backup Offers

37 Powel Ave, Newport, RI, 02840

$2,095,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Full Baths
4,255 SqFt
$492/SqFt
House
Schools Nearby

Location

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37 Powel Ave, Newport$2,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Garage
Year Built1900
HeatingForced Air, Natural Gas, Heat Pump, Zoned
CoolingCentral Air
BasementYes
WaterfrontWaterfront
FireplaceGas, Masonry
MLS #1358809
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 37 Powel Ave

Originally built in 1892 as a guest house for the Naval War College and in 2022 this home underwent an extensive renovation with quality materials and thoughtful design. The exterior of this single family retains the quintessential Victorian architectural elements such as eyelash mouldings, a mixture of clapboard & shingle siding, dental trim, and a wraparound porch. While honoring the home's original aesthetics such as detailed woodwork, stained glass windows, and gas fireplaces, the home includes state-of-the art features; advanced HVAC, new electrical & plumbing systems, Marvin windows, electric car charger, conduit for future solar, and a hotel grade fire suppression system. Uniquely equipped to accommodate a variety of living arrangements there is the option to have two first floor bedroom ensuites or multiple living spaces. On the second floor, there are four more dedicated bedrooms with ensuites and one shared Jack and Jill bathroom. Off the back of the second floor, is the most exquisite tree house style sitting room with floor to ceiling windows. Laundry area. The third floor is an ideal in-law/guest suite boasting another kitchen with high-end appliances and custom cabinetry. There is a bedroom, more flex space, and a sophisticated bathroom with open shower, deep soaker tub, and refined tile work. Built for enjoying outdoor living with a fenced backyard, patio, and two outdoor showers. Double garage and off-street parking. For rental potential check out MLS#1359296.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1900
  • Stories: 3
  • Living Area: 4,255 SqFt

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 848-2101

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Wet Bar, Bathtub, Cathedral Ceiling(s), Tub Shower
  • Fireplace: Gas, Masonry

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • Exterior: Balcony, Porch, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas, Heat Pump, Zoned
  • Cooling: Central Air

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: $2,095,000
  • Price Per SqFt: $492/SqFt
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Housing Market Comparison

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

Med. Sold Price

$835K

Med. Price/SqFt

$567

Avg. Days On Market

33

# of Sold Homes

18

37 Powel Ave vs Newport

15 DAYS ON ROCKET

-18 Days

$2,095,000

+$1.2M More

$492/SqFt

-$75 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $75/SqFt less than other homes in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1358809

Listing Office:

  • Office Name: Lila Delman Compass
  • Office Phone: (401) 848-2101

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: 6/2/2024, 5:20:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021 - $895,200
2020 - $743,400
2019 - $743,400
2018 - $743,400
2017 - $685,800

History based on county public records data.

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$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,347

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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-7067802
4
/10
  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.87 miles

  • Public District Grades PK-4

Middle School

school-card-donut-7067803
3
/10
  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.43 miles

  • Public District Grades 5-8

High School

school-card-donut-7067804
3
/10
  • Rogers High School

  • 15 Wickham Rd

  • 2.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,625. Most Newport, RI residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 37 Powel Ave

What is the listing price of this property?

The listing price of 37 Powel Ave property is $2,095,000.

What type of property is this?

The property 37 Powel Ave is a house located in Newport, Rhode Island, 02840.

Is this property for sale now?

Accepting Backup Offers: 37 Powel Ave 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 37 Powel Ave are:
Claiborne Pell Elementary School: GreatSchools Rating 4/10
Frank E. Thompson Middle School: GreatSchools Rating 3/10
Rogers High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 37 Powel Ave has 6 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 37 Powel Ave is 4,255 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 37 Powel Ave is 1900.

Rocket Homes›Rhode Island›Newport County›Newport›02840›37 Powel Ave

This home is located at 37 Powel Ave in Newport, RI and zip code 02840. This 4,255 square foot home, which was built in 1900, sits on a 0.15 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $2,095,000.

While more than 7 listings in Newport, RI in May 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 5 were sold below. In May 2024 in Newport, RI there were 29.9% more homes for sale than in April 2024. The median list price of listings available in May 2024 was $835,000, while the average time on the real estate market was 33 days.

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

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