NOT LISTED FOR SALE

375 Spring St Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $1,000,000 - $1,215,219

2 Beds
2 Baths
1,627 Sq Ft
$681/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $380,000 $234 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $6,936/month

139 Days on Market

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Golf Course Community
  • Cathedral Ceiling
  • 3-minute walk to Aquidneck Park

About This Home

As of October 2013

Sweet Victorian Cottage located in the Heart of Newport. Wide pine floors, Open floor plan, modern kit, deck, garden all fenced in, off street pkg. Prime Location. Walk to harbor. Tenants in place. Call!!

Last Agent to Sell the Property

Christina Rescia

William Raveis Inspire License #REB.0016454 Listed on: 05/14/2013

William Raveis Inspire

Last Buyer's Agent

Brooks Hawkins

Libby Kirwin Real Estate License #RES.0034250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,823

Year Built

  • Built in 1870

Lot Details

  • 2,613 Sq Ft Lot
  • Fenced

Home Design

  • Victorian Architecture
  • Combination Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,627 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 1 Parking Space
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 236
  • Assessor Parcel Number 375SPRINGSTNEWP

Community Details

Overview

  • Yachting Village Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,823

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: YACHTING VILLAGE
  • Above Grade Finished Sq Ft: 1627.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1870
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Oven, Range, Refrigerator, Washer
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Cathedral Ceiling(s), Cable TV
  • Living Area: 1627.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Combination
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, 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), Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 2613.0
  • Parcel #: 375SPRINGSTNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4823.0
  • Tax Lot: 236
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2020
Sold by
Schmtt Philip J
Bought by
Schmitt Philip J and Schmitt Rachel L
Total Days on Market
139
Current Estimated Value
$1,108,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500
Outstanding Balance
$2,238
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,105,817

Purchase Details

Closed on
Mar 9, 2018
Sold by
Western Nc Inv Prop
Bought by
Schmitt Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.46%
Mortgage Type
Unknown

Purchase Details

Listed on
May 14, 2013
Closed on
Oct 31, 2013
Sold by
Bonnell Michael A
Bought by
Western Nc Inv Props
Seller's Agent
Christina Rescia
William Raveis Inspire
Buyer's Agent
Brooks Hawkins
Libby Kirwin Real Estate
List Price
$435,000
Sold Price
$380,000
Premium/Discount to List
-$55,000
-12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.67%
Original Mortgage
$266,000
Interest Rate
4.52%

Purchase Details

Closed on
Sep 28, 2007
Sold by
Douthit Zona C
Bought by
Bonnell Michael A

Purchase Details

Closed on
Jun 29, 2001
Sold by
Everett William A
Bought by
Douthit Zona C

Purchase Details

Closed on
May 18, 2000
Sold by
Myers Robert B
Bought by
Everett William A

Purchase Details

Closed on
Jan 14, 1994
Sold by
Anderson Donald C and Anderson Janet
Bought by
Myers Robert B and Pollard Brian W

Purchase Details

Closed on
Jun 11, 1990
Sold by
Laughlin Henry
Bought by
Anderson Donald
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
Schmitt Philip J -- None Available
Schmitt Philip J -- --
Western Nc Inv Props $380,000 --
Bonnell Michael A $475,000 --
Douthit Zona C $315,000 --
Everett William A $150,000 --
Myers Robert B $127,500 --
Anderson Donald $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Philip J $2,500
Open Schmitt Philip J $536,000
Previous Owner Schmitt Philip J $200,000
Previous Owner Anderson Donald $266,000
Previous Owner Anderson Donald $338,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $380,000 -12.6% $234 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
05/14/2013 05/14/13 For Sale $435,000 -- $267 / 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 $8,803 $1,070,900 $354,800 $716,100
2023 $6,908 $696,400 $231,900 $464,500
2022 $6,692 $696,400 $231,900 $464,500
2021 $6,497 $696,400 $231,900 $464,500
2020 $5,951 $578,900 $218,300 $360,600
2019 $5,951 $578,900 $218,300 $360,600
2018 $5,783 $578,900 $218,300 $360,600
2017 $4,780 $426,400 $156,100 $270,300
2016 $4,661 $426,400 $156,100 $270,300
2015 $4,550 $426,400 $156,100 $270,300
2014 $5,001 $414,700 $132,700 $282,000
Source: Public Records

Agents Affiliated with this Home

  • Christina Rescia

    Seller's Agent in 2013

    Christina Rescia

    William Raveis Inspire

    (401) 339-8833

    1 in this area

    24 Total Sales

    Christina Rescia
    Section Image

  • B

    Buyer's Agent in 2013

    Brooks Hawkins

    Libby Kirwin Real Estate

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1041015

State-Wide MLS

APN: NEWP-000032-000000-000236

Rhode Island Newport County Newport 02840 Historic Hill

375 Spring St, Newport, RI

This home is located at 375 Spring St, Newport, RI 02840 since 14 May 2013 and is currently estimated at $1,108,055, approximately $681 per square foot. This property was built in 1870. 375 Spring St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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