359 Spring St Newport, RI 02840
Historic Hill Neighborhood
5
Beds
5
Baths
3,083
Sq Ft
5,920
Sq Ft Lot
Highlights
- Marina
- Golf Course Community
- Wood Flooring
- Water Views
- 0.14 Acre Lot
- 2-minute walk to Aquidneck Park
About This Home
As of August 2024Built in the 1800's this quintessential Victorian style home has gone through elegant renovations all while keeping the look and feel of the historical nature. This unique multi family is located within the vibrant and highly sought after Yachting Village of historic Newport. Walking distance to some of the best restaurants, incredible shopping, amazing galleries, idyllic waterfront, Gilded Age Mansions and so much more! Step into the first floor unit and you are greeted with spacious rooms filled with natural lighting, hardwood floors, 2 large bedrooms, fully equipped kitchen, dining area, full bath as well as another half bath. The upstairs unit has townhouse style living. The first level opens into the formal dining room or living room with high ceilings, tall windows and gleaming hardwoods. There are two large bedrooms with an adjoining half bath, large eat in kitchen with center island, full spa influenced bath, and outdoor balcony perfect for morning coffee or afternoon libations. The second level boasts the third bedroom, a large open concept family room with wet bar, and sunroom with views of Newport harbor and Narragansett Bay. Large fenced in stone patio for outdoor entertaining and plenty of off street parking. With all it's charming nature, breathtaking water views, and perfect location, this is one not to miss!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,164
Year Built
- Built in 1889
Lot Details
- 5,920 Sq Ft Lot
- Fenced
- Corner Lot
Home Design
- Combination Foundation
- Stone Foundation
- Wood Siding
- Shingle Siding
Interior Spaces
- 3,083 Sq Ft Home
- 3-Story Property
- Storage Room
- Utility Room
- Water Views
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 6 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Patio
- Porch
Utilities
- Cooling Available
- Heating System Uses Gas
- Baseboard Heating
- Water Heater
Listing and Financial Details
- Tax Lot 89
- Assessor Parcel Number 359SPRINGSTNEWP
Community Details
Overview
- 2 Units
- Yachting Village Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 20, 2024
Closed on
Aug 15, 2024
Sold by
Nentwich Roland G Est and Nentwich
Bought by
Mitchell Joseph D
Seller's Agent
Darci Acomb
New England Premier R.E.
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$1,800,000
Sold Price
$1,675,000
Premium/Discount to List
-$125,000
-6.94%
Total Days on Market
42
Views
34
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
$18,430
Avg. Annual Appreciation
1.39%
Original Mortgage
$600,000
Outstanding Balance
$595,425
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,098,005
Purchase Details
Closed on
Mar 1, 2017
Sold by
Nentwich Roland G and Nentwich Courtman J
Bought by
Nentwich Roland G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.21%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 2, 2008
Sold by
Mcclears Keith and Mcclearns Christine
Bought by
Mentwich Courtman J and Mentwich Roland G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,500
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 2003
Sold by
Tammaro Barabra
Bought by
Mcclearn Keith and Mcclearn Christine
Purchase Details
Closed on
Sep 15, 1998
Sold by
Donofrio Marcia A
Bought by
Tammaro Gaetano and Tammaro Barbara
Map
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Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,675,000 | None Available | |
| Deed | $1,675,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $474,000 | -- | |
| Deed | $474,000 | -- | |
| Deed | $505,000 | -- | |
| Deed | $505,000 | -- | |
| Warranty Deed | $230,000 | -- | |
| Warranty Deed | $230,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | Purchase Money Mortgage | |
| Closed | $600,000 | Purchase Money Mortgage | |
| Previous Owner | $530,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $60,000 | Unknown | |
| Previous Owner | $350,000 | Unknown | |
| Previous Owner | $355,500 | Purchase Money Mortgage | |
| Previous Owner | $201,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2024 08/15/24 | Sold | $1,675,000 | -6.9% | $543 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 06/20/2024 06/20/24 | For Sale | $1,800,000 | -- | $584 / Sq Ft |
Source: State-Wide MLS
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 | $9,809 | $1,193,300 | $449,000 | $744,300 |
| 2023 | $7,631 | $769,300 | $293,500 | $475,800 |
| 2022 | $7,164 | $745,500 | $293,500 | $452,000 |
| 2021 | $6,956 | $745,500 | $293,500 | $452,000 |
| 2020 | $6,196 | $602,700 | $231,800 | $370,900 |
| 2019 | $6,196 | $602,700 | $231,800 | $370,900 |
| 2018 | $5,740 | $574,600 | $231,800 | $342,800 |
| 2017 | $5,777 | $515,300 | $165,900 | $349,400 |
| 2016 | $5,632 | $515,300 | $165,900 | $349,400 |
| 2015 | $5,498 | $515,300 | $165,900 | $349,400 |
| 2014 | $4,971 | $412,200 | $141,000 | $271,200 |
Source: Public Records
Source: State-Wide MLS
MLS Number: 1361865
APN: NEWP-000032-000089-000004
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