NOT LISTED FOR SALE

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

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

4 Beds
3 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

About This Home

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.

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
Collateral Analytics

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Average Value
Not Available
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 View Prior Sale
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

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

  • Kimberly Doherty

    Seller's Agent in 2024

    Kimberly Doherty

    Lila Delman Compass

    (401) 862-3956

    6 in this area

    23 Total Sales

    Kimberly Doherty
    Section Image
  • Libby Kirwin

    Buyer's Agent in 2024

    Libby Kirwin

    Libby Kirwin Real Estate

    (401) 864-5458

    6 in this area

    50 Total Sales

    Libby Kirwin
    Section Image
  • Michelle Drum

    Seller's Agent in 2016

    Michelle Drum

    Gustave White Sotheby's Realty

    (401) 265-3423

    9 in this area

    72 Total Sales

    Michelle Drum
    Section Image

  • J

    Buyer's Agent in 2016

    John Repoza

    Repoza Real Estate

See All Agents

Map

Rhode Island Newport County Newport 02840

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

Not Listed for Sale

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