NOT LISTED FOR SALE

254 Ocean Ave Unit 2 Newport, RI 02840

Ocean Drive Neighborhood

Estimated Value: $5,027,000 - $7,223,618

5 Beds
7 Baths
6,063 Sq Ft
$1,010/Sq Ft Est. Value

About This Home

This home is located at 254 Ocean Ave Unit 2, Newport, RI 02840 and is currently estimated at $6,125,309, approximately $1,010 per square foot. 254 Ocean Ave Unit 2 is a home located in Newport County with nearby schools including Rogers High School.

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $42,764 $4,921,600 $0 $4,921,600
2024 $40,456 $4,921,600 $0 $4,921,600
2023 $47,242 $4,762,300 $0 $4,762,300
2022 $45,766 $4,762,300 $0 $4,762,300
2021 $44,432 $4,762,300 $0 $4,762,300
2020 $41,677 $4,054,200 $0 $4,054,200
2019 $41,677 $4,054,200 $0 $4,054,200
2018 $40,501 $4,054,200 $0 $4,054,200
2017 $59,767 $5,331,600 $0 $5,331,600
2016 $58,274 $5,331,600 $0 $5,331,600
2015 $56,888 $5,331,600 $0 $5,331,600
2014 $84,841 $7,034,900 $0 $7,034,900
Source: Public Records

Map

Rhode Island Newport County Newport 02840 Ocean Drive

254 Ocean Ave Unit 2, Newport, RI

This home is located at 254 Ocean Ave Unit 2, Newport, RI 02840 and is currently estimated at $6,125,309, approximately $1,010 per square foot. 254 Ocean Ave Unit 2 is a home located in Newport County with nearby schools including Rogers High School.

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