140 Spring St Unit 7 Newport, RI 02840
Historic Hill Neighborhood
1
Bed
1
Bath
810
Sq Ft
$191/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Walking Distance to Water
- Deck
- Tennis Courts
- 2-minute walk to Queen Anne Square
About This Home
As of April 2021Beautiful, stylish condo adjacent to the Historic Trinity Church and Queen Anne Square. This tastefully renovated one bed, one bath third floor unit offers an open floor plan with custom designer kitchen featuring new stainless appliances, beautiful inset cabinetry, Quartzite countertops and mosaic tile backsplash. Other features include a cozy gas fireplace, breakfast bar, California Closets and lovely built-in armoire in the bedroom. Unit has a shared rooftop deck to take in the amazing sunsets and views over Newport Harbor. Located in the center of Downtown, this perfect pied-a-terre is steps to Newport's nightlife, restaurants and shopping. Completely turnkey, this unit comes fully furnished.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0040637 Listed on: 02/26/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,562
Year Built
- Built in 1900
HOA Fees
- $191 Monthly HOA Fees
Home Design
- Combination Foundation
- Clapboard
Interior Spaces
- 810 Sq Ft Home
- 3-Story Property
- Skylights
- Free Standing Fireplace
- Gas Fireplace
- Utility Room
- Wood Flooring
Kitchen
- Oven
- Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Parking
- No Garage
- Unassigned Parking
Outdoor Features
- Walking Distance to Water
- Deck
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- Tax Lot 363-7
- Assessor Parcel Number 140SPRINGST7NEWP
Community Details
Overview
- 7 Units
- Trinity Church / Queen Anne Square Subdivision
Amenities
- Shops
Recreation
- Marina
- Tennis Courts
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2021
Closed on
Apr 15, 2021
Sold by
Ws Realty Partnership Llc
Bought by
Alexander Spencer and Hershtig Dorit
Seller's Agent
Mike Sweeney
Gustave White Sotheby's Realty
Buyer's Agent
Ryan Hazinakis
Keller Williams Coastal
List Price
$595,000
Sold Price
$558,500
Premium/Discount to List
-$36,500
-6.13%
Total Days on Market
18
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,073
Avg. Annual Appreciation
6.59%
Original Mortgage
$446,800
Outstanding Balance
$407,750
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$318,823
Purchase Details
Closed on
Aug 9, 2016
Sold by
Rathkey Julie and Rathkey Emma
Bought by
Moehrke Laura
Purchase Details
Listed on
Feb 8, 2012
Closed on
Apr 12, 2012
Sold by
Vangorkom Geoffrey
Bought by
Rathkey Julia and Rathkey Emma
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$325,000
Sold Price
$295,000
Premium/Discount to List
-$30,000
-9.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.10%
Original Mortgage
$220,000
Interest Rate
3.91%
Purchase Details
Closed on
Jun 22, 1999
Sold by
Nicolace John J and Nicolace Joanne D
Bought by
Vangorkom Geoffrey and Vangorkom Kimberly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.99%
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 | $558,500 | None Available | |
| Deed | $365,000 | -- | |
| Deed | $295,000 | -- | |
| Warranty Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $446,800 | Purchase Money Mortgage | |
| Previous Owner | $220,000 | No Value Available | |
| Previous Owner | $180,000 | No Value Available | |
| Previous Owner | $92,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2021 06/22/21 | Rented | $6,250 | -10.7% | -- |
| 05/23/2021 05/23/21 | Under Contract | -- | -- | -- |
| 04/22/2021 04/22/21 | For Rent | $7,000 | 0.0% | -- |
| 04/16/2021 04/16/21 | Sold | $558,500 | -6.1% | $690 / Sq Ft |
| 03/17/2021 03/17/21 | Pending | -- | -- | -- |
| 02/26/2021 02/26/21 | For Sale | $595,000 | +101.7% | $735 / Sq Ft |
| 04/12/2012 04/12/12 | Sold | $295,000 | -9.2% | $364 / Sq Ft |
| 03/13/2012 03/13/12 | Pending | -- | -- | -- |
| 02/08/2012 02/08/12 | For Sale | $325,000 | -- | $401 / 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 | $5,339 | $649,500 | $0 | $649,500 |
| 2023 | $4,906 | $494,600 | $0 | $494,600 |
| 2022 | $4,753 | $494,600 | $0 | $494,600 |
| 2021 | $4,604 | $493,500 | $0 | $493,500 |
| 2020 | $4,562 | $443,800 | $0 | $443,800 |
| 2019 | $4,562 | $443,800 | $0 | $443,800 |
| 2018 | $4,434 | $443,800 | $0 | $443,800 |
| 2017 | $3,144 | $280,500 | $0 | $280,500 |
| 2016 | $3,066 | $280,500 | $0 | $280,500 |
| 2015 | $2,993 | $280,500 | $0 | $280,500 |
| 2014 | $1,957 | $162,300 | $0 | $162,300 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Sweeney
Seller's Agent in 2021
Mike Sweeney
Gustave White Sotheby's Realty
(401) 862-0164
6 in this area
39 Total Sales
-
Ryan Hazinakis
Seller's Agent in 2021
Ryan Hazinakis
Keller Williams Coastal
(401) 477-4251
4 in this area
148 Total Sales
-
L
Buyer's Agent in 2021
Laurel Handel
-
Chad Kritzas
Seller's Agent in 2012
Chad Kritzas
HomeSmart Professionals
6 in this area
226 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1276258
APN: NEWP-000024-000363-000007
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