58 Washington St Unit 3 Newport, RI 02840
1
Bed
1
Bath
602
Sq Ft
$500/mo
HOA Fee
Highlights
- Beach Front
- Golf Course Community
- Deck
- Marina
- Water Access
- 2-minute walk to Storer Park
About This Home
As of April 2025Second-floor waterfront condo perfectly positioned on Washington Street in Newport's historic Point. South and west-facing wrap-around deck captures stunning sunsets over Newport Harbor, with sweeping views of Goat Island and Pell Bridge. This 600 sq ft, one-bedroom unit sits in an intimate six-unit building with a fenced yard leading to private dinghy dock and beach. Ready for your personal touch, this waterfront gem combines prime location with direct harbor access a rare find in Newport!
Last Agent to Sell the Property
Mott & Chace Sotheby's Intl. Listed on: 03/11/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,573
Year Built
- Built in 1900
Lot Details
- Beach Front
- Fenced
HOA Fees
- $500 Monthly HOA Fees
Home Design
- Stone Foundation
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 602 Sq Ft Home
- 1-Story Property
- Water Views
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Trash Compactor
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- <<tubWithShowerToken>>
Laundry
- Laundry in unit
- Dryer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Home Security
Parking
- 1 Parking Space
- No Garage
- Unassigned Parking
Outdoor Features
- Water Access
- Walking Distance to Water
- Deck
- Patio
Location
- Property near a hospital
Utilities
- Ductless Heating Or Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 13-3
- Assessor Parcel Number 5860WASHINGTONST3NEWP
Community Details
Overview
- Association fees include ground maintenance, parking, snow removal, trash
- 6 Units
- The Point Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Security
- Storm Windows
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2025
Closed on
Apr 11, 2025
Sold by
Muriel Eb Quinn T and Muriel Quinn
Bought by
Shea Tracy D and Shea John E
Seller's Agent
Sheil Readyhough Team
Mott & Chace Sotheby's Intl.
Buyer's Agent
Sheil Readyhough Team
Mott & Chace Sotheby's Intl.
List Price
$949,800
Sold Price
$1,025,000
Premium/Discount to List
$75,200
7.92%
Views
54
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.85%
Original Mortgage
$615,000
Outstanding Balance
$613,406
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$406,641
Purchase Details
Closed on
Sep 22, 2022
Sold by
Bate-Quinn Muriel E
Bought by
Murie E Quinn Ret
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,025,000 | None Available | |
| Warranty Deed | $1,025,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $615,000 | Purchase Money Mortgage | |
| Closed | $615,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Rent | $3,400 | 0.0% | -- |
| 04/11/2025 04/11/25 | Sold | $1,025,000 | +7.9% | $1,703 / Sq Ft |
| 03/19/2025 03/19/25 | Pending | -- | -- | -- |
| 03/11/2025 03/11/25 | For Sale | $949,800 | -- | $1,578 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,568 | $799,000 | $0 | $799,000 |
| 2023 | $3,615 | $364,400 | $0 | $364,400 |
| 2022 | $3,502 | $364,400 | $0 | $364,400 |
| 2021 | $3,400 | $364,400 | $0 | $364,400 |
| 2020 | $3,371 | $327,900 | $0 | $327,900 |
| 2019 | $3,371 | $327,900 | $0 | $327,900 |
| 2018 | $3,276 | $327,900 | $0 | $327,900 |
| 2017 | $3,676 | $327,900 | $0 | $327,900 |
| 2016 | $3,584 | $327,900 | $0 | $327,900 |
| 2015 | $3,499 | $327,900 | $0 | $327,900 |
| 2014 | $3,509 | $291,000 | $0 | $291,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Shea
T
Seller's Agent in 2025
Tracy Shea
Coldwell Banker Realty
(617) 697-4570
-
Sheil Readyhough Team
S
Seller's Agent in 2025
Sheil Readyhough Team
Mott & Chace Sotheby's Intl.
(401) 932-6597
1 in this area
77 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1379689
APN: NEWP-000016-000013-000003
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