345 Spring St Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $952,000 - $1,375,000
4
Beds
3
Baths
2,429
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Heating System Uses Steam
- 2-minute walk to Aquidneck Park
- Storage Room
- Fenced
About This Home
As of January 2015Lovely 3 family Victorian Mansard located in the heart of Yachting Village. 1st floor hdwd floors throughout with large MBR with adjoining porch. Separate utilities & plenty of parking in driveway. Great location..Mins to shops, restaurants & water!
Last Agent to Sell the Property
Stephen Webster
Success! Real Estate Inc. License #REB.0017199 Listed on: 09/02/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,577
Year Built
- Built in 1888
Lot Details
- 3,318 Sq Ft Lot
- Fenced
Home Design
- Brick Foundation
- Clapboard
Interior Spaces
- 2,429 Sq Ft Home
- 3-Story Property
- Storage Room
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 6 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Water Heater
Listing and Financial Details
- Tax Lot 39
- Assessor Parcel Number 345SPRINGSTNEWP
Community Details
Overview
- 3 Units
- Yachting Village Subdivision
Building Details
- Operating Expense $999,999
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2014
Closed on
Jan 30, 2015
Sold by
Correia Joseph
Bought by
Drought Rober K
Seller's Agent
Stephen Webster
Success! Real Estate Inc.
Buyer's Agent
John Teeden
Mott & Chace Sotheby's Intl.
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Total Days on Market
119
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
$699,000
Avg. Annual Appreciation
10.18%
Original Mortgage
$512,268
Interest Rate
3.81%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 26, 2004
Sold by
Demary Joan
Bought by
Correia Joseph
Purchase Details
Closed on
Apr 30, 2002
Sold by
Yalanis Christopher P
Bought by
Demary Joan C
Purchase Details
Closed on
Feb 27, 1998
Sold by
Difilippo Loreto J
Bought by
Yalanis Christopher P
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Drought Rober K | $490,000 | -- | |
| Correia Joseph | $525,000 | -- | |
| Demary Joan C | $300,500 | -- | |
| Yalanis Christopher P | $140,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Drought Robert K | $482,000 | |
| Closed | Drought Robert K | $497,000 | |
| Closed | Drought Robert K | $512,104 | |
| Closed | Difilippo Loreto J | $512,268 | |
| Previous Owner | Difilippo Loreto J | $410,000 | |
| Previous Owner | Difilippo Loreto J | $107,225 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/30/2015 01/30/15 | Sold | $490,000 | -6.7% | $202 / Sq Ft |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- |
| 09/02/2014 09/02/14 | For Sale | $525,000 | -- | $216 / 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 | $8,559 | $1,041,200 | $375,800 | $665,400 |
| 2023 | $6,546 | $659,900 | $245,700 | $414,200 |
| 2022 | $6,342 | $659,900 | $245,700 | $414,200 |
| 2021 | $6,157 | $659,900 | $245,700 | $414,200 |
| 2020 | $5,639 | $548,500 | $220,000 | $328,500 |
| 2019 | $5,639 | $548,500 | $220,000 | $328,500 |
| 2018 | $5,480 | $548,500 | $220,000 | $328,500 |
| 2017 | $5,391 | $480,900 | $157,300 | $323,600 |
| 2016 | $5,256 | $480,900 | $157,300 | $323,600 |
| 2015 | $4,867 | $456,100 | $157,300 | $298,800 |
| 2014 | $4,714 | $390,900 | $133,700 | $257,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2015
Stephen Webster
Success! Real Estate Inc.
(617) 827-9560
-
John Teeden
Buyer's Agent in 2015
John Teeden
Mott & Chace Sotheby's Intl.
(401) 789-8899
51 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1077700
APN: NEWP-000032-000039-000004
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