12 days on rocket

20 Summer St, Newport, RI, 02840

$1,650,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Full Baths
Multi
Schools Nearby

Location

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20 Summer St, Newport$1,650,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, Garage
Year Built1900
HeatingNatural Gas
CoolingCentral Air
BasementYes
MLS #1358454
Lot Size0.13 Acres
StatusActive

About 20 Summer St

Welcome to Newport, RI! Recently fully remodeled, this exquisite 2-unit home epitomizes modern elegance. Each unit offers impressive spacious living with 4 bedrooms and 2 full baths, boasting sleek, contemporary finishes throughout. With 1,800 square feet of space in each unit, this allows luxurious and comfortable living for families. Enjoy the heart of the home with stunning open kitchens featuring expansive islands and stainless steel appliances, while natural light brightens the space. Convenience is key with a detached 2-car garage and paved driveway. Rarely found, these large units feature open floor plans and everything completely brand-new, leaving no detail overlooked. Don't regret missing out on this stunning property!

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

Interior Features

Interior Information:

  • Appliances: Tankless Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • 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: $1,650,000

Tax Information:

  • Annual Amount: $4,874
  • 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

$850K

Med. Price/SqFt

$578

Avg. Days On Market

54

# of Sold Homes

19

20 Summer St vs Newport

12 DAYS ON ROCKET

-42 Days

$1,650,000

+$800K More

KEY TAKEAWAY

This property is $800K 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: #1358454

Listing Office:

  • Office Name: Century 21 The Seyboth Team
  • Office Phone: (401) 415-8527

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: 5/22/2024, 10:20:32 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

Jun 21, 2021Home Sold
$505,000

Tax History

YEARPROP. TAXASSESSMENT
2021$4,874$522,400
2020$4,150$403,700
2019$4,150$403,700
2018$4,033$403,700
2017$3,528$314,700

History based on county public records data.

Payment Calculator

$8,303

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,013

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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-376468
4
/10

  • Claiborne Pell Elementary School

  • 35 Dexter St

  • 0.59 miles

  • Public District Grades PK-4

Middle School

school-card-donut-376469
3
/10

  • Frank E. Thompson Middle School

  • 55 Broadway

  • 0.59 miles

  • Public District Grades 5-8

High School

school-card-donut-376470
3
/10

  • Rogers High School

  • 15 Wickham Rd

  • 2.34 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 $65,625. Residents of Newport, RI typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Rhode Island›Newport County›Newport›02840›20 Summer St

This home is located at 20 Summer St in Newport, RI and zip code 02840. This home, which was built in 1900, sits on a 0.13 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $1,650,000.

Over 8 listings were sold over their listed price in April 2024 in Newport, RI. In the same period over 9 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Newport, RI increased by 13.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 54 days, the median list price was $850,000.

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

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