NOT LISTED FOR SALE

327 Spring St Unit 2 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $578,000 - $945,000

3 Beds
1 Bath
1,442 Sq Ft
1870 Built

Last Sold October 11, 2013

Last sale price $220,000 $153 Per Sq Ft

Est. 211% increase in value since last sale

Current estimated payment $4,079/month

1,653 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • Cul-De-Sac
  • Beach Access
  • Tennis Courts
  • 2-minute walk to Aquidneck Park

About This Home

As of October 2013

3 BED CONDO WITH 2 FLOORS, NEWLLY REMODELED,OPEN, HARDWOODS, PRIVATE REAR DECK.WALK TO EVERYTHING 1 BLOCK FROM DOWNTOWN. BEING SOLD AS PACKAGE DEAL ONLY SEE MLS# 934313.

Last Agent to Sell the Property

Lori Eley

Residential Properties Ltd. License #RES.0030743 Listed on: 03/02/2009

Residential Properties Ltd.

Last Buyer's Agent

Lori Eley

Residential Properties Ltd. License #RES.0030743 Listed on: 03/02/2009

Residential Properties Ltd.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,900

Year Built

  • Built in 1870

Home Design

  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,442 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Storage Room
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 4/5
  • Assessor Parcel Number 327SPRINGST2NEWP

Community Details

Overview

  • 2 Units
  • Historical/Yatching Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,900

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: HISTORICAL/YATCHING
  • Above Grade Finished Sq Ft: 1442.0
  • Building Name: 327 SPRING ST. CONDOS
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1870
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 1442.0
  • Dining Room Type: Kitchen, Living Room, Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 327SPRINGST2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2900.0
  • Tax Lot: 4/5
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2009
Closed on
Oct 16, 2013
Sold by
327 Spring St Llc
Bought by
Hawthorne Devin
Seller's Agent
Lori Eley
Residential Properties Ltd.
Buyer's Agent
Lori Eley
Residential Properties Ltd.
List Price
$300,000
Sold Price
$220,000
Premium/Discount to List
-$80,000
-26.67%
Total Days on Market
1653
Current Estimated Value
$684,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,696
Avg. Annual Appreciation
9.90%
Original Mortgage
$176,000
Interest Rate
4.58%

Purchase Details

Closed on
May 6, 2005
Sold by
Zaltek Llc
Bought by
Caldarelli Diane E and Caldarelli John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Hawthorne Devin $220,000 --
Caldarelli Diane E $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawthorne Devin $100,000
Closed Caldarelli Diane E $176,000
Previous Owner Caldarelli Diane E $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2013 10/11/13 Sold $220,000 -26.7% $153 / Sq Ft
09/11/2013 09/11/13 Pending -- -- --
03/02/2009 03/02/09 For Sale $300,000 -- $208 / 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
2024 $2,816 $342,600 $0 $342,600
2023 $2,261 $227,900 $0 $227,900
2022 $2,190 $227,900 $0 $227,900
2021 $2,126 $227,900 $0 $227,900
2020 $2,178 $211,900 $0 $211,900
2019 $2,178 $211,900 $0 $211,900
2018 $2,117 $211,900 $0 $211,900
2017 $2,375 $211,900 $0 $211,900
2016 $2,316 $211,900 $0 $211,900
2015 $2,261 $211,900 $0 $211,900
2014 $3,185 $264,100 $0 $264,100
Source: Public Records

Agents Affiliated with this Home

  • Lori Eley

    Seller's Agent in 2013

    Lori Eley

    Residential Properties Ltd.

    (401) 741-4355

    20 Total Sales

    Lori Eley
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 934319

State-Wide MLS

APN: NEWP-000032-000320-000002

Rhode Island Newport County Newport 02840 Historic Hill

327 Spring St Unit 2, Newport, RI

This home is located at 327 Spring St Unit 2, Newport, RI 02840 since 02 March 2009 and is currently estimated at $684,696, approximately $474 per square foot. This property was built in 1870. 327 Spring St Unit 2 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.

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