1 month on rocket

16 Dean Ave, Newport, RI, 02840

$979,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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16 Dean Ave, Newport$979,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, Garage
Year Built1900
HeatingBaseboard, Hot Water, Oil, Zoned
CoolingNone
BasementYes
MLS #1354763
Lot Size0.06 Acres
StatusActive

About 16 Dean Ave

Charming Seaside Retreat in Historic Newport. This excellent multifamily home is located in the heart of Newport and offers the perfect blend of historic elegance and modern comfort, making it an ideal retreat for those seeking coastal living. Situated within the highly sought-after Yachting Village neighborhood, this property boasts close proximity to the renowned shops, restaurants, and attractions that make Newport so special. This home has been refurbished with an attention to detail. This Victorian showcases classic New England architecture. Step inside to discover a spacious interior filled with natural light, high ceilings, and modern amenities such as stainless steel and black appliances and butcher block counter tops. The living rooms, dining areas, and Island kitchens of both apts, create the perfect space for entertaining guests or relaxing with family. The back patio is great for a morning coffee and the detached garage makes an excellent space for storage. Recent improvements include: new roof (on home and garage), new furnace, new electrical, new plumbing, restored sanded floors, new windows, new ceiling fans, upgraded kitchens and bathrooms, new carpet on third floor and steps, new fencing and resealed driveway, new brick walkway laid in backyard, and new interior paint.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: William Raveis Inspire
  • Office Phone: (401) 846-3800

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood
  • Interior: Tub Shower

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Porch, Patio

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage

Virtual/3D Tour

  • Virtual Tour: 16 Dean Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water, Oil, Zoned
  • 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: $979,000

Tax Information:

  • Annual Amount: $4,223
  • 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

16 Dean Ave vs Newport

43 DAYS ON ROCKET

-17 Days

$979,000

+$159K More

KEY TAKEAWAY

This property is $159K more than the Median Sold Price in Newport, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1354763

Listing Office:

  • Office Name: William Raveis Inspire
  • Office Phone: (401) 846-3800

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: 4/28/2024, 12:55:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 22, 2019Home Sold
$437,500
May 28, 2002Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,223$452,600
2020$4,107$399,500
2019$4,107$399,500
2018$3,991$399,500
2017$3,396$302,900

History based on county public records data.

Payment Calculator

$4,954

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,002

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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-1809673
2
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 2.12 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1809674
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.97 miles

  • Public District Grades 5-8

High School

school-card-donut-1809675
4
/10

  • Rogers High School

  • 15 Wickham Rd

  • 0.85 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 $73,902. The majority of Newport, RI residents have income between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Newport County›Newport›02840›16 Dean Ave

This home is located at 16 Dean Ave in Newport, RI and zip code 02840. This home, which was built in 1900, sits on a 0.06 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 15, 2024 and is currently priced at $979,000.

In March 2024 more than 2 listings in Newport, RI were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 13 were sold below. In March 2024 in Newport, RI there were 20% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $820,000, while the average time on the real estate market was 60 days.

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

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