NOT LISTED FOR SALE

53 Washington St Unit 53 1/2 Newport, RI 02840

Estimated Value: $2,419,000 - $3,263,000

4 Beds
2.5 Baths
2,856 Sq Ft
$955/Sq Ft Est. Value

Last Sold January 04, 2024

Last sale price $2,350,000 $823 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $15,696/month

90 Days on Market

Highlights

  • Marina
  • Water Access
  • Wood Burning Stove
  • Water Views
  • Colonial Architecture
  • 2-minute walk to Storer Park

About This Home

As of January 2024

Premier LOCATION, glorious Washington Street. Built for a prominent Newport merchant shipper, the Potter-Minturn house is located on the prestigious waterfront Washington Street, in Newport's historic Point section. Enjoy water views from every level and water access within 100 feet to launch your kayak, paddle board or take a leisurely waterfront stroll. Since 1750, each owner has lovingly retained the home's historic nature while seamlessly blending modern functionality with old-world charm. Highlights include a fabulous new custom kitchen and English cottage garden and patio designed by Katherine Field & Associates. Gracious rooms for entertaining include the sun filled living room, dining room and kitchen, a cozy reading room with wood burning stove, high ceilings and beautiful floors. Ample room for family, guests, or work productivity with 4-5 bedrooms, office/den, spacious 2nd floor laundry room. Central A/C and Generator. This quiet neighborhood is a short stroll to shops, restaurants and cultural activities. The Point has the largest collection of colonial homes in the country, this neighborhood is enchanting in all seasons.

Last Agent to Sell the Property

Kimberly Doherty

Lila Delman Compass License #RES.0030805 Listed on: 08/21/2023

Lila Delman Compass

Last Buyer's Agent

Libby Kirwin

Libby Kirwin Real Estate License #REB.0017170

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,852

Year Built

  • Built in 1750

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Property is zoned R-10

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 2,856 Sq Ft Home
  • 3-Story Property
  • 5 Fireplaces
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Fireplace Features Masonry
  • Gas Fireplace
  • Workshop
  • Wood Flooring
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Storm Windows
  • Storm Doors

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water

Utilities

  • Central Air
  • Heating System Uses Oil
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 53WASHINGTONSTNEWP

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • The Point District Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,852

Year Built

Built in 1750

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1148
  • Subdivision Name: THE POINT DISTRICT
  • Above Grade Finished Sq Ft: 2856.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1750
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Insert, Gas, Masonry, Wood Burning
  • Fireplaces: 5
  • Fireplace: Yes
  • Flooring: Hardwood, Wood
  • Interior Amenities: Attic, Bathtub, Permanent Attic Stairs, Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 2856.0
  • Dining Room Type: Workshop
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Fencing: Fenced
  • View: Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5000.0
  • Parcel #: 53WASHINGTONSTNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 15852.0
  • Tax Lot: 4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Dec 11, 2023
Sold by
Tricker Edward A
Bought by
Castiglia Kenneth and Castiglia Beth
Seller's Agent
Kimberly Doherty
Lila Delman Compass
Buyer's Agent
Libby Kirwin
Libby Kirwin Real Estate
List Price
$2,750,000
Sold Price
$2,350,000
Premium/Discount to List
-$400,000
-14.55%
Views
190
Current Estimated Value
$2,728,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,230
Avg. Annual Appreciation
7.95%

Purchase Details

Closed on
Feb 26, 2018
Sold by
Tricker Edward A and Tricker Kristina A
Bought by
Tricker Edward A

Purchase Details

Listed on
Apr 13, 2015
Closed on
Apr 1, 2016
Sold by
Preston Merry A
Bought by
Tricker Edward A and Tricker Kristina A
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
John Repoza
Repoza Real Estate
List Price
$1,475,000
Sold Price
$1,240,000
Premium/Discount to List
-$235,000
-15.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%
Original Mortgage
$930,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2002
Sold by
Peters Richard A and Peters Antoinette
Bought by
Preston Merry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Buyer Sale Price Title Company
Castiglia Kenneth $2,350,000 None Available
Castiglia Kenneth $2,350,000 None Available
Tricker Edward A -- --
Tricker Edward A $240,000 --
Preston Merry A $757,500 --
Tricker Edward A -- --
Tricker Edward A $240,000 --
Preston Merry A $757,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tricker Edward A $930,000
Previous Owner Preston Merry A $378,000
Previous Owner Preston Merry A $409,000
Previous Owner Preston Merry A $410,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2024 01/04/24 Sold $2,350,000 -9.6% $823 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
10/31/2023 10/31/23 Price Changed $2,600,000 -5.5% $910 / Sq Ft
08/21/2023 08/21/23 For Sale $2,750,000 +121.8% $963 / Sq Ft
04/01/2016 04/01/16 Sold $1,240,000 -15.9% $434 / Sq Ft View Prior Sale
03/02/2016 03/02/16 Pending -- -- --
04/13/2015 04/13/15 For Sale $1,475,000 -- $516 / Sq Ft
Source: State-Wide MLS

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 $16,141 $2,248,100 $1,220,000 $1,028,100
2024 $15,669 $2,248,100 $1,220,000 $1,028,100
2023 $15,852 $1,598,000 $803,100 $794,900
2022 $15,357 $1,598,000 $803,100 $794,900
2021 $14,909 $1,598,000 $803,100 $794,900
2020 $13,880 $1,350,200 $715,000 $635,200
2019 $13,880 $1,350,200 $715,000 $635,200
2018 $13,488 $1,350,200 $715,000 $635,200
2017 $12,744 $1,136,800 $550,000 $586,800
2016 $12,425 $1,136,800 $550,000 $586,800
2015 $12,130 $1,136,800 $550,000 $586,800
2014 $12,046 $998,800 $430,000 $568,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1342221

State-Wide MLS

APN: NEWP-000016-000014-000004