131 Washington Street

Newport, RI 02840

$1,700,000
Last Sold Price
4
Beds
4
Baths
3,335 Sq. Ft.
$510 / Sq. Ft.
3,335
Sq. Ft.
$510
per Sq. Ft.

Description

Enjoy the Fabulous UNOBSTRUCTED Water Views & Sunsets on Narragansett Bay overlooking Newport's Iconic Claiborne Pell Bridge!! This rare two family residence was completely renovated from bottom up in 2005. Each unit offers a master suite with private bath, an additional bedroom and bath, a private laundry room with washer & dryer, gas fireplaces in the living rooms, and completely separate utilities. The Owner's unit has gleaming hardwood floors from the kitchen to the dining room and living room....Enjoy the Fabulous UNOBSTRUCTED Water Views & Sunsets on Narragansett Bay overlooking Newport's Iconic Claiborne Pell Bridge!! This rare two family residence was completely renovated from bottom up in 2005. Each unit offers a master suite with private bath, an additional bedroom and bath, a private laundry room with washer & dryer, gas fireplaces in the living rooms, and completely separate utilities. The Owner's unit has gleaming hardwood floors from the kitchen to the dining room and living room. The large french doors open to a wraparound deck & porch where you can enjoy the ocean breeze and the views of the Bay. Other features include central air, a large cedar closet and a sauna in the lower level , multiple decks, off street parking for four vehicles, and a private mooring is available. In addition to the property's current use, this property is a great opportunity for a multi-generational family residence, an in law situation or could be easily converted into to a single family residence. Being located north of the Newport Bridge allows you easy access off the Island, minutes to the Naval War College, the Pier, Battery Park, Goat Island, and downtown Newport. This is a Special Newport Waterfront Home!!

Listing Agent

Property Details for 131 Washington Street

Subdivision Name
The Point - Washington & Cypress
Waterfront
Yes
Waterfront Features
Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront, Saltwater Front, Walk to Salt Wtr, Saltwater View
View
Saltwater, Water

Location

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LISTING UPDATED: 04/28/2022 10:09 AM

Property Details for 131 Washington Street

StatusClosed
MLS #1280370
Days on Market280
Taxes$14,868 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1870
Lot Size0.13 AC / 5,749 SF
CountyNewport County

Location

Sold By RI Real Estate Services

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Building Information for 131 Washington Street

Stories2Residences2Year Built1870Building Size-Lot Size0.13 AC / 5,749 SF

Payment Calculator

$10,517 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$1,239

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 131 Washington Street

Summary
Location and General Information
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Postal City: Newport
  • Zoning: R10
  • County: Newport
  • City: Newport
Parking
  • Covered Spaces: 0
  • Garage: No
  • Garage Spaces: 0
  • Parking Features: No Garage
  • Parking Total: 4
Taxes and HOA Information
  • Association Fee: $.00
  • Association Fee Frequency: Annually
  • Tax Annual Amount: $14,868.00
  • Tax Assessed Value: 1593600
  • Tax Lot: 297/298
  • Tax Year: 2020
Property
Lot Information
  • Lot Features: Corner Lot, Waterfront
  • Lot Size Acres: 0.132
  • Lot Size Area: 5749.0
  • Lot Size Square Feet: 5749.0
  • Lot Size Units: Square Feet
  • Building Area Total: 3,335.00
  • Parcel Number: 131133WASHINGTONSTNEWP
  • Living Area Source: Public Records
Property and Assessments
  • Senior Community: No
  • Construction Materials: Drywall, Clapboard
  • New Construction: No
  • Number Of Buildings: 1
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Spa Features: Hot Tub, Sauna
  • Spa: Yes
  • Stories Total: 2
  • Year Built: 1870
  • Frontage Length: 50
  • Property Type: Residential Income
Utilities
  • Cooling: Central Air
  • Cooling: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Heating: Forced Air, Gas, None
  • Heating: No
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Porch
  • View: Yes
  • Window Features: Thermal Windows
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement: Yes
  • Bathrooms Full: 4
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: Gas, Marble, Zero Clearance
  • Fireplace: Yes
  • Fireplaces Total: 2
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl, Carpet
  • Interior Features: Attic, Cathedral Ceiling(s), Tub Shower, Cable TV
  • Laundry Features: Common Area, In Unit
  • Rooms Total: 10
MultiFamily
Income & Expenses
  • Operating Expense: $0
Unit 1
  • Unit Type Description 1: EIK/LR/DR/BR/MBR/BTSLR
  • Unit Type Actual Rent 1: $3,200.00
  • Unit Type Baths Total 1: 2
  • Unit Type Beds Total 1: 2
Unit 2
  • Unit Type Description 2: EIK/LR/DR/BR/MBR/BTS/LR
  • Unit Type Actual Rent 2: $.00
  • Unit Type Baths Total 2: 2
  • Unit Type Beds Total 2: 2
Rental Information
Rent Information
  • Land Lease: false

Property History for 131 Washington Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 131 Washington Street

Taxable ValueLand$40,900Additions-Total$40,900
Tax Record2021$382 ($32 / month)
Home Facts
Beds0Lot Size950 SqFtStyleResidentialZoningR10CountyNEWPORTAPNNEWP M:009 B:0298

Schools near 131 Washington Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - PK to 4
Public - 9 to 12
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Pell Elementary School
PublicPK to 4

Newport Area Career Tech Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.