NOT LISTED FOR SALE

43 Farewell St Newport, RI 02840

8 Beds
4 Baths
3,382 Sq Ft
3,972 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $1,255,000 $371 Per Sq Ft

127 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Corner Lot
  • Golf Course Community
  • 2 Fireplaces
  • 4-minute walk to Cardines Field

About This Home

As of December 2021

*Sold off market, input for comp purposes only*



Impressive Colonial right in downtown Newport down the street from the famed White Horse Tavern. This two family home offers more than 3,383SF of completely refinished living space across 3 floors. The first floor three bedroom unit walks out onto a private deck and patio. New flooring, open layout, new kitchen and bathrooms make for a great stay in Newport with plenty of space. The second unit is 5 bedrooms and 3 full baths across the 2nd & 3rd floors. Third floor could be converted to an au pair suite or a guest residence if you'd prefer. Upgraded heating systems, electrical systems and plumbing throughout. Plenty of outdoor space with ample parking for at least 6 cars, a hardscaped patio, front porch and a grilling area. Stones throw to Cardine's field, Broadway District, Washington Sq and Newport Shipyard. Property could make a great investment property, an excellent purchase to go in on with friends or family or just use it yourself with a separate space for family to visit!

Last Agent to Sell the Property

Jeff Brooks

Hogan Associates Christie's License #RES.0034174 Listed on: 07/06/2021

Last Buyer's Agent

Alyce Wright

Lila Delman Compass License #RES.0033781

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,890

Year Built

  • Built in 1810

Lot Details

  • 3,972 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 3,382 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 2 Fireplaces
  • Fireplace Features Masonry

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 036
  • Assessor Parcel Number 43FAREWELLSTNEWP

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,890

Year Built

Built in 1810

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.0912
  • Above Grade Finished Sq Ft: 3382.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1810
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Laminate, Vinyl, Wood, Carpet
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Cable TV
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3972.0
  • Parcel #: 43FAREWELLSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 8890.0
  • Tax Lot: 036
  • Tax Year: 2020

Range of Values:

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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 Prior Sale
12/10/2021 12/10/21 Sold $1,255,000 -5.3% $371 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,324,900 0.0% $392 / Sq Ft
04/20/2016 04/20/16 Rented $10,000 +207.7% --
03/21/2016 03/21/16 Under Contract -- -- --
09/02/2015 09/02/15 For Rent $3,250 0.0% --
06/30/2015 06/30/15 Sold $455,000 +1.3% $135 / Sq Ft View Prior Sale
05/31/2015 05/31/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $449,000 +104.1% $133 / Sq Ft
03/15/2013 03/15/13 Sold $220,000 0.0% $65 / Sq Ft View Prior Sale
03/15/2013 03/15/13 Sold $220,000 -26.4% $65 / Sq Ft View Prior Sale
02/13/2013 02/13/13 Pending -- -- --
10/10/2012 10/10/12 Pending -- -- --
09/08/2012 09/08/12 Price Changed $299,000 -6.6% $88 / Sq Ft
08/13/2012 08/13/12 For Sale $320,000 -20.0% $95 / Sq Ft
02/03/2012 02/03/12 For Sale $400,000 -- $118 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1299991

State-Wide MLS

APN: NEWP M:017 B:0036