$295,000
SOLD APR 12, 2012

140 Spring St Unit 7 Newport, RI 02840

Historic Hill Neighborhood
2 Beds
1 Bath
810 Sq Ft
$194/mo HOA Fee

Recently Sold

$364 Per Sq Ft

9% Below List Price

33 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Wood Burning Stove
  • Water Views
  • Deck
  • 2-minute walk to Queen Anne Square

About This Home

As of April 2021

Gorgeous updated condo in the heart of Newport. Spectacular sunset views from roof top deck. Elegant living space overlooking Queen Anne square.

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 02/08/2012

Last Buyer's Agent

Chad Kritzas

HomeSmart Professionals Listed on: 02/08/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,912

Year Built

  • Built in 1900

HOA Fees

  • $194 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Clapboard

Interior Spaces

  • 810 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Wood Burning Stove
  • Living Room
  • Dining Room
  • Water Views
  • Intercom
  • Unfinished Basement

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Wood
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 363
  • Assessor Parcel Number 140SPRINGST7NEWP

Community Details

Overview

  • 6 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,912

Year Built

Built in 1900

Lot Details

0

HOA Fees

$194 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 810.0
  • Building Name: Queen Ann Condominiums
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Other Equipment: Intercom
  • Has Basement: Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Wood Burning Stove
  • Living Area: 810.0
  • Dining Room Type: Dining Room, Living Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard
  • Exterior Features: Deck
  • Patio And Porch Features: Deck, Porch, Screened

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Wood
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 194.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 140SPRINGST7NEWP
  • Zoning: GB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1912.0
  • Tax Lot: 363
  • Tax Year: 2011

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%
Current Estimated Value
$733,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,390
Avg. Annual Appreciation
6.33%
Original Mortgage
$446,800
Outstanding Balance
$403,406
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$330,484

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
7.00%
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%
Source: Public Records

Range of Values:

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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 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

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 $4,436 $617,800 $0 $617,800
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

    34 Total Sales

    Mike Sweeney
    Section Image
  • Ryan Hazinakis

    Seller's Agent in 2021

    Ryan Hazinakis

    Keller Williams Coastal

    (401) 477-4251

    4 in this area

    126 Total Sales

    Ryan Hazinakis
    Section Image

  • L

    Buyer's Agent in 2021

    Laurel Handel

  • Chad Kritzas

    Seller's Agent in 2012

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    6 in this area

    209 Total Sales

    Chad Kritzas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1009959

State-Wide MLS

APN: NEWP-000024-000363-000007

Rhode Island Newport County Newport 02840 Historic Hill

140 Spring St Unit 7, Newport, RI

This home is located at 140 Spring St Unit 7, Newport, RI 02840 and is currently priced at $295,000, approximately $364 per square foot. This property was built in 1900. 140 Spring St Unit 7 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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