NOT LISTED FOR SALE

346 Spring St Unit 1 Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $701,000 - $916,000

2 Beds
1 Bath
756 Sq Ft
$1,073/Sq Ft Est. Value

Highlights

  • Marina
  • Wood Flooring
  • No HOA
  • Golf Course Community
  • Furnished
  • 2-minute walk to Aquidneck Park

About This Home

As of November 2023

Beautifull unit in the heart of Newport with so much to offer. WINTER RENTAL until MAY 30, 2024. Enjoy living steps from downtown Newport in this 2 bedroom 1 bath condo. They have gorgeous hardwood floors, comfortable furnishings, updated kitchen and baths, washer/dryer in unit, back patio and so much more. Utilities not included. Contact agent, this is a must see!

Last Agent to Rent the Property

Despina Amarant

Teri Degnan RE & Consulting License #RES.0042023 Listed on: 11/09/2023

Last Renter's Agent

Despina Amarant

Teri Degnan RE & Consulting License #RES.0042023 Listed on: 11/09/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $6,074

Year Built

  • 1870

Lot Details

  • 1,525

Parking

  • No Garage

Home Design

  • Entry on the 1st floor
  • Aluminum Siding

Interior Spaces

  • 756 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Property Available on 11/9/23
  • Month-to-Month Lease Term
  • Assessor Parcel Number 346SPRINGST1NEWP

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Yachting Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$6,074

Year Built

1870

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2023-11-09
  • Security Deposit: 1700.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Yachting Village
  • Above Grade Finished Sq Ft: 756.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Two
  • Building Stories: 2
  • Structure Type: Apartment
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built (Public Record): 1870

Interior Features

  • Furnished: Furnished
  • Appliances: Common Water Heater, Dryer, Dishwasher, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Private Entry
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 756.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: None
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 346SPRINGST1NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2018
Sold by
Brownell Steven and Brownell Tina M
Bought by
Brownell Steven
Current Estimated Value
$811,397

Purchase Details

Closed on
Oct 20, 2003
Sold by
Cory Keith
Bought by
Brownell Steven and Brownell Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,750
Interest Rate
6.43%

Purchase Details

Closed on
Jul 31, 2001
Sold by
Mccarthy Mary M
Bought by
Cory Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
7.18%
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 Buyer Sale Price Title Company
Brownell Steven -- --
Brownell Steven $255,000 --
Cory Keith $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cory Keith $255,000
Previous Owner Cory Keith $216,750
Previous Owner Cory Keith $184,000
Previous Owner Cory Keith $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Rented $1,700 0.0% --
11/09/2023 11/09/23 For Rent $1,700 -10.5% --
08/11/2021 08/11/21 For Rent $1,900 0.0% --
08/11/2021 08/11/21 Rented $1,900 -- --
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 $6,074 $699,000 $325,000 $374,000
2024 $5,746 $699,000 $325,000 $374,000
2023 $4,484 $452,000 $212,500 $239,500
2022 $4,344 $452,000 $212,500 $239,500
2021 $4,217 $452,000 $212,500 $239,500
2020 $4,090 $397,900 $215,800 $182,100
2019 $4,090 $397,900 $215,800 $182,100
2018 $3,975 $397,900 $215,800 $182,100
2017 $3,383 $301,800 $154,400 $147,400
2016 $3,299 $301,800 $154,400 $147,400
2015 $3,220 $301,800 $154,400 $147,400
2014 $3,314 $274,800 $131,300 $143,500
Source: Public Records

Agents Affiliated with this Home

  • Despina Amarant

    Landlord's Agent in 2023

    Despina Amarant

    Teri Degnan RE & Consulting

    (401) 314-0331

    6 Total Sales

    Despina Amarant
    Section Image
  • Madeline Andrews

    Buyer Co-Listing Agent in 2023

    Madeline Andrews

    RE/MAX Results

    (401) 258-3225

    13 Total Sales

    Madeline Andrews
    Section Image

  • A

    Buyer's Agent in 2021

    Adam Riesberg

    Teri Degnan RE & Consulting

    Section Image

  • L

    Buyer Co-Listing Agent in 2021

    Laura Krick

    Teri Degnan RE & Consulting

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1347778

State-Wide MLS

APN: NEWP-000032-000000-000038

Rhode Island Newport County Newport 02840 Historic Hill

346 Spring St Unit 1, Newport, RI

This home is located at 346 Spring St Unit 1, Newport, RI 02840 since 09 November 2023 and is currently priced at $811,397. This property was built in 1870. 346 Spring St Unit 1 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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