$400,000
SOLD MAR 19, 2025

131 Broadway Unit 5 Newport, RI 02840

1 Bed
1 Bath
508 Sq Ft
$175/mo HOA Fee

Recently Sold

$787 Per Sq Ft

10% Above List Price

49 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Outdoor Grill
  • Ductless Heating Or Cooling System
  • Storage Room
  • 1-minute walk to Congdon Parks

About This Home

As of March 2025

Welcome to 131 Broadway, a renovated new condo conversion in the heart of lower Broadway. Enjoy a turn key, low maintenance, modern, and highly functional living space. This second floor unit features air conditioning, beautiful hard wood flooring, a large custom tiled bathroom, and a modern kitchen with white shaker cabinetry, granite countertops, and new stainless steel appliances. This property would make for a great second home, investment as it is listed in the general business zone, or primary home due to the additional storage and private laundry in the basement as well as convenient common outdoor living space with a large patio and outdoor kitchen. This is your chance to become part of the thriving and vibrant Broadway neighborhood. taxes, assessment are approximate.

Last Agent to Sell the Property

The Willett Team

Serhant Rhode Island Listed on: 01/29/2025

Serhant Rhode Island

Last Buyer's Agent

Edward Izeman

Coldwell Banker Realty License #REB.0014837

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1900

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Combination Foundation
  • Clapboard

Interior Spaces

  • 508 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Outdoor Grill

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Oil
  • Heat Pump System
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 026
  • Assessor Parcel Number 131BROADWAY5NEWP

Community Details

Overview

  • Association fees include heat, hot water, insurance, laundry, ground maintenance, sewer, snow removal, water
  • 6 Units

Amenities

  • Community Storage Space

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,000

Year Built

Built in 1900

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 508.0
  • Building Name: Broadway Lofts
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: No Restrictions
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Stall Shower
  • Living Area: 508.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Clapboard
  • Exterior Features: Barbecue
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Storage
  • Association Fee: 175.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Heat, Hot Water, Insurance, Laundry, Maintenance Grounds, Sewer, Snow Removal, Water

Lot Info

  • Parcel #: 131BROADWAY5NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 4000.0
  • Tax Lot: 026
  • Tax Year: 2023

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2025 03/19/25 Sold $400,000 +9.6% $787 / Sq Ft
01/29/2025 01/29/25 For Sale $365,000 -- $719 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    The Willett Team

    Serhant Rhode Island

    (401) 835-8810

    5 in this area

    14 Total Sales

    The Willett Team
    Section Image
  • Edward Izeman

    Buyer's Agent in 2025

    Edward Izeman

    Coldwell Banker Realty

    (401) 440-1949

    1 in this area

    49 Total Sales

    Edward Izeman
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1377166

State-Wide MLS
Rhode Island Newport County Newport 02840

131 Broadway Unit 5, Newport, RI

Sold

Condos

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