5 months on rocket

766 Indian Ave, Middletown, RI, 02842

$3,995,000

5 Bedrooms
5 Full Baths, 1 Partial
4,885 SqFt
$818/SqFt
House
Schools Nearby

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached, Garage, Garage Door Opener
Attached GarageYes
Year Built2018
HeatingForced Air, Propane, Radiant
CoolingCentral Air
BasementYes
WaterfrontWater Access, Waterfront
FireplaceStone
ViewWater
MLS #1346886
Lot Size1.00 Acres
StatusActive

About 766 Indian Ave

Waterviews of the Sakonnet-This stunning 5-bedroom contemporary,is situated on one peaceful acre amid other estates on serene Indian Ave,minutes away from the hustle and bustle of downtown Newport.The sophisticated home,designed by award-winning NY City architects,provides a flawless mix of historical charm and luxurious contemporary amenities.Breathtaking entry foyer w/signature floor-to-ceiling Kolbe doors and windows offers expansive views of the Sakonnet Passage.Meticulously designed,the 5000 sq ft home,draws on over 20 years of high end residential design and construction expertise.The home provides two primary suites:one on the ground floor,and the other w/ water views on the second level.3 large additional en-suite bedrooms, complete this floor.Recent improvements:newly refinished quarter-sawn pale oak floors,and an epoxy coated floor in the finished,oversized 3-bay garage.The residence is centered around an outdoor courtyard w/ Windsor stone terrace for outdoor dining,which also floods interior spaces with natural light.The sun-drenched contemporary kitchen includes a large island,quartz countertops,Bertazzoni and Sub-Zero appliances,and an adjacent breakfast room w/ banquette seating for eight.Steps to water access at Pebble Beach offers a welcoming spot for a tranquil morning or afternoon swim.Or grab a bike and head to Third Beach or Sachuest Point to enjoy nearly 3 miles of coastal walking trails.Newport Harbor world-class golf and sailing are both close at hand.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Colonial
  • Year Built: 2018
  • Stories: 3
  • Living Area: 4,885 SqFt

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Ceramic Tile, Hardwood
  • Interior: Attic, Bathroom Rough-In, Bathtub, Cathedral Ceiling(s), Internal Expansion, Permanent Attic Stairs, Tub Shower, Cable TV, Wine Cellar
  • Fireplace: Stone

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Waterfront
  • View: Water
  • Exterior: Patio

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Garage, Garage Door Opener

Lot Features

Lot Information:

  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Propane, Radiant
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Middletown High School, Public District Grades 9-12
  • Joseph H. Gaudet School, Public District Grades 5-8
  • Aquidneck School, Public District Grades PK-3

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,995,000
  • Price Per SqFt: $818/SqFt

Tax Information:

  • Annual Amount: $18,309
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$695K

Med. Price/SqFt

$381

Avg. Days On Market

29

# of Sold Homes

7

766 Indian Ave vs Middletown

174 DAYS ON ROCKET

+145 Days

$3,995,000

+$3.3M More

$818/SqFt

+$437 More

KEY TAKEAWAY

This property is $3.3M more than the Median Sold Price and $437/SqFt more than other homes in Middletown, RI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RIS
  • MLS Number: #1346886

Listing Office:

  • Office Name: Gustave White Sotheby's Realty
  • Office Phone: (401) 849-3000

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, 9:25:21 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

Jul 21, 2016Home Sold
$675,000
Oct 09, 2015Home Sold
$450,000

Tax History

YEARPROP. TAXASSESSMENT
2020$18,309$1,485,900
2018$16,094$1,170,500

History based on county public records data.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

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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-2999802
5
/10
  • Aquidneck School

  • 70 Reservoir Ave

  • 2.57 miles

  • Public District Grades PK-3

Middle School

school-card-donut-2999803
6
/10
  • Joseph H. Gaudet School

  • 1113 Aquidneck Ave

  • 2.22 miles

  • Public District Grades 5-8

High School

school-card-donut-2999804
6
/10
  • Middletown High School

  • 130 Valley Rd

  • 2.59 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,000. Typical income of Middletown, RI residents is between $100k-200k annually. Residents typically live in single, no kids family. 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 766 Indian Ave

What is the listing price of this property?

The listing price of 766 Indian Ave property is $3,995,000.

What type of property is this?

The property 766 Indian Ave is a house located in Middletown, Rhode Island, 02842.

Is this property for sale now?

Active Listing: 766 Indian Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 766 Indian Ave are:
Aquidneck School: GreatSchools Rating 5/10
Joseph H. Gaudet School: GreatSchools Rating 6/10
Middletown High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $18,309 (source: MLS/based on county public records data).

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

The last sale was on July 21, 2016 for $675,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 766 Indian Ave has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 766 Indian Ave is 4,885 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 766 Indian Ave is 2018.
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Rocket Homes›Rhode Island›Newport County›Middletown›02842›766 Indian Ave

This home is located at 766 Indian Ave in Middletown, RI and zip code 02842. This 4,885 square foot home, which was built in 2018, sits on a 1.00 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 07, 2023 and is currently priced at $3,995,000.

While more than 3 listings in Middletown, RI in March 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 2 were sold below. The number of homes for sale in Middletown, RI decreased by 3.6% between February 2024 and March 2024. The median list price of listings available in March 2024 was $695,000, while the average time on the real estate market was 29 days.

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

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