17 days on rocket

401 Park Ave, Newport, KY, 41071

$1,499,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
1 Full Bath, 3 Partial
4,868 SqFt
$308/SqFt
House

Location

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401 Park Ave, Newport$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Off Street, Oversized
Year Built1899
HeatingNatural Gas, Hot Water, Radiant, Heat Pump, Forced Air
CoolingMulti Unit(s), Central Air
BasementYes
FireplaceGas
ViewNeighborhood, Skyline
MLS #627757
Lot Size0.57 Acres
StatusActive

About 401 Park Ave

Welcome to the Historic George Wiedemann, Jr. Mansion! This architectural gem sits on a landscaped corner lot in Newport's East Row Historic District! Built in 1899 by a prominent Beer Baron family, this Colonial Revival brick mansion offers a rare chance to own a piece of Newport history. Step inside of 401 Park and be captivated by the impressive details and craftsmanship that have been meticulously restored. Guests are greeted by an impressive central hall with a sweeping tiger oak staircase, highlighted by impressive stained-glass windows on its curved landing. The home features 8 unique fireplaces, carved wood paneling, built-ins, pocket doors, and inlaid flooring of varying types of wood. Currently used as office/ co-working space, the mansion blends historic charm with modern functionality. With over 4,800 square feet across three floors, the property can accommodate various uses or be converted back to residential. Modern updates, mechanical systems, and HVAC ensure comfort and convenience. . Located blocks from I-471 and downtown, this property offers historical significance and prime accessibility. THIS IS A MUST SEE!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Historic Registry
  • Year Built: 1899
  • Living Area: 4,868 SqFt

Listing Office:

  • Office Name: Pivot Realty Group
  • Office Phone: (859) 578-8111
  • Listing Agent: Mark Ramler

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Refrigerator, Wine Cooler
  • Basement: Yes
  • Flooring Type: Concrete
  • Interior: Wet Bar, Storage, High Speed Internet, Granite Counters, Entrance Foyer, Coffered Ceiling(s), Chandelier, Bookcases, Beamed Ceilings, French Door(s), High Ceilings, Natural Woodwork, Wired Data
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 3
  • Full Bathrooms: 1
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • View: Neighborhood, Skyline
  • Exterior: Balcony

Parking Information:

  • Parking: Driveway, Off Street, Oversized

Lot Features

Lot Information:

  • Lot: Corner Lot, Level, Near Public Transit
  • Lot Size: 0.57 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Hot Water, Radiant, Heat Pump, Forced Air
  • Cooling: Multi Unit(s), Central Air

Other

Directions Information:

  • Directions: East 6th to Park Ave. Mansion on corner of Park Ave. and East 4th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000
  • Price Per SqFt: $308/SqFt

Tax Information:

  • Annual Amount: $3,474
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Newport, KY.

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Newport, KY

City

Med. List Price

$300K

Med. Price/SqFt

$208

Avg. Days On Market

80

401 Park Ave vs Newport

17 DAYS ON ROCKET

-63 Days

$1,499,000

+$1.1M More

$308/SqFt

+$100 More

KEY TAKEAWAY

This property is $1.1M more than the Median List Price and $100/SqFt more than other homes in Newport, KY.

Based on homes listed in October 2024

MLS Details

MLS Information:

  • MLS Name: Northern Kentucky Multiple Listing Service
  • MLS Number: #627757

Listing Office:

  • Office Name: Pivot Realty Group
  • Office Phone: (859) 578-8111
  • Listing Agent: Mark Ramler

Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Northern Kentucky Multiple Listing Service, Inc. (NKMLS). Real estate listings held by other brokerage firms are marked with the Broker Reciprocity Logo and detailed information about them includes the name of the listing broker. The broker providing the data believes the data to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision. MLS content and images © Copyright ©2024, Northern Kentucky Multiple Listing Service, Inc. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/18/2024, 1:20:53 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

Jan 18, 2019Home Sold
$196,250

Tax History

YEARPROP. TAXASSESSMENT
2020$3,474$800,000
2019$70$900,000
2018$70$900,000
2017$70$900,000

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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.

Nearby Schools

school-card-donut-737866
2
/10

  • Newport Intermediate School

  • 95 W 9th St

  • 0.62 miles

  • Public District Grades 3-6

school-card-donut-737867
1
/10

  • Grandview Elementary School

  • 500 Grandview Ave

  • 0.84 miles

  • Public District Grades PK-5

school-card-donut-737868
3
/10

  • Lincoln Elementary School

  • 701 5th Ave

  • 1.65 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $76,351. Typical income of Newport, KY residents is between $35k-100k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Newport, KY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Newport, KY.

Newport offers a diverse array of housing options, with single-family homes making up a significant portion of the market. Architectural styles in the area range from historic Victorian homes to contemporary new builds, reflecting the city's blend of tradition and modernity. The housing stock also includes a variety of apartments and condominiums, providing alternatives for those seeking a more urban living experience. While the majority of homes were constructed in the mid-20th century, recent development has introduced modern housing to the mix.

What is it like to live in Newport, KY?

Newport is celebrated for its vibrant riverfront and historic charm. The community prides itself on a rich cultural scene, with local festivals and events that highlight the city's heritage and contemporary arts. The area's character is further defined by its scenic parks and lively entertainment district, offering residents and visitors a blend of leisure and excitement.

Is it easy to get around Newport, KY without a car?

The community is served by a number of public schools, ensuring educational opportunities for children of all ages. Healthcare is accessible through local clinics and nearby hospitals, equipped to provide a range of medical services. Newport also features a public library system that supports the community's educational and cultural needs. Retail and dining options are plentiful, with an emphasis on local businesses that contribute to the city's unique cultural fabric.

Transportation in Newport, KY.

Transportation in Newport includes a network of roads and highways that connect residents to the Greater Cincinnati area and beyond. Public transit options are available, with bus services facilitating local and regional travel. The city's layout also supports a pedestrian-friendly environment, particularly in the downtown area, which is well-suited for walking and biking. While specific ride-sharing statistics are not mentioned, such services are commonly used and contribute to the city's transportation options.

Frequently Asked Questions About 401 Park Ave

What is the listing price of this property?

The listing price of 401 Park Ave property is $1,499,000.

What type of property is this?

The property 401 Park Ave is a house located in Newport, Kentucky, 41071.

Is this property for sale now?

Active Listing: 401 Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,474 (source: MLS/based on county public records data).

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

The last sale was on January 18, 2019 for $196,250. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 401 Park Ave has 8 bedrooms and 1 full and 3 half bathrooms.

What is the square footage of this property?

The property 401 Park Ave is 4,868 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 401 Park Ave is 1899.

Rocket Homes›Kentucky›Campbell County›Newport›41071›401 Park Ave

This home is located at 401 Park Ave in Newport, KY and zip code 41071. This 4,868 square foot home, which was built in 1899, sits on a 0.57 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $1,499,000.

The number of homes for sale in Newport, KY increased by 63.2% between September 2024 and October 2024. In October 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $300,000.

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

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