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$895,000   Price Analysis
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16 Dean Ave
Newport, RI 02840
5 bed 4 bath 2,098 SqFt ($426/SqFt)
2,496SqFt lot. Built 1900
Listed 2024-05-25, Taxes $4,349
Ⓧ USDA Ineligible
due to price & location

near Newport

Charming investment in Historic Newport.

* Has Contingent Offer *

This excellent multifamily is located in the heart of downtown and an ideal retreat for those seeking coa stal 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. Step inside to discover a vast 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 kitchns of both apts, create the perfect space for entertaining guests or relaxing with family. The back patio is extraordinary for a morning coffee and the detached garage makes an excellent space for storage, motorcycles and small cars. Recent improvements include: new roof (on home and garage), new furnace, new electrical, new plumbing, sanded hardwood floors, new windows, new ceiling fans, upgraded kitchens and bathrooms, new fencing and resealed driveway, new brick walkway laid in backyard.


Presented by Christopher Walker at
William Raveis Real Estate - Newport.
Listing Agent Photo

Property MLS #1360042 from StateWide

Bedrooms: 5

Total Rooms: 14
Basement Description: Full, Unfinished, Access: Interior and Exterior

Total Bathrooms: 3.10
Full Bathrooms: 3
1/2 Bathrooms: 1

Heating Features: Baseboard, Forced Water, Zoned
Heating Fuel: Oil
Water Heaters: Oil

Garage Spaces: 1
Garage Description: Detached
Parking Total: 3

Lot Size Acres: 0.0573
Lot Size Square Feet: 2496

Number of Units: 2

Annual Tax Amount: 4946.9200
Source Listing Status: Act Und Contract
County: Newport
Tax Year: 2024
Source Property Type: 2-4 Units Multi Family
Source Neighborhood: Yachting Village
Zoning: R10
Property Subtype: Up/Down
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$222,100 + $230,500
$452,600
$4,349
2021$222,100 + $230,500
$452,600
$4,223
2020$181,400 + $218,100
$399,500
$4,107
2019$181,400 + $218,100
$399,500
$4,107
2018$181,400 + $218,100
$399,500
$3,991
2017$146,900 + $156,000
$302,900
$3,396
2016$146,900 + $156,000
$302,900
$3,311
2015$146,900 + $156,000
$302,900
$3,232
2014$130,500 + $132,600
$263,100
$3,173
2013$130,500 + $132,600
$263,100
$3,081
2006$189,000 + $166,000
$355,000
$2,847

Listed 2024-05-25
$895,000
StateWide
Listing removed 2024-05-25
$0
StateWide
Listed for rent 2024-05-22
$5,400
StateWide
Price Changed 2024-04-25
$979,000
StateWide
Price Changed 2024-04-03
$1,049,000
StateWide
Listed 2024-03-15
$1,200,000
StateWide
Listing removed 2023-09-23
$4,600
StateWide
Listed for rent 2023-09-09
$4,600
StateWide
Listing removed 2022-09-28
$4,500
StateWide
Listed for rent 2022-09-08
$4,500
StateWide
Listing removed 2022-01-27
$4,100
StateWide
Listing removed 2021-02-13
$3,900
StateWide
Sold 2019-03-19
$437,500
StateWide
Price Changed 2018-08-01
$499,000
StateWide
Listed 2018-06-24
$515,000
StateWide
Sold 2002-05-28
$250,000
Public Record

Total Square Feet Living: 2098
Year Built: 1900
Building Exterior Type: Patio, Porch, Storm Door, Storm Window
Property Age: 124
Levels or Stories: 3
Total Above Grade Sqft Area: 2098

Electric: 200 Amps
Sewer: Connected
Water Source: Connected

Rogers High School is a public high school located approximately 0.8 miles away.
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St Michaels Country Day School is a private elementary and middle school located approximately 0.8 miles away.
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Frank E. Thompson Middle School is a public elementary and middle school located approximately 0.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.