Seller's Agent in 2018
Mike Sweeney
Gustave White Sotheby's Realty
(401) 862-0164
6 in this area
34 Total Sales
402 Spring St Unit 1 Newport, RI 02840
Historic Hill NeighborhoodEstimated Value: $459,000 - $980,000
1
Bed
1
Bath
837
Sq Ft
$259/mo
HOA Fee
Highlights
- Marina
- Walking Distance to Water
- Bathtub with Shower
- Wood Flooring
- Porch
- 4-minute walk to Aquidneck Park
About This Home
As of July 2018Great Spring St. location. Close to beaches, restaurants and downtown. This sunny one bedroom unit is on the first floor and has an updated kitchen with granite counters. Bonus room with pocket doors can be used as second bedroom for guests. Hardwood floors throughout. Rear patio and yard for grilling. Plenty of closet space and secure storage in common basement. Washer/Dryer hookups in basement as well. Freshly painted and ready to go! Great opportunity to own in Newport. Property being sold as is.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #RES.0040637 Listed on: 04/10/2018
Last Buyer's Agent
Keith Marvelle
Compass / Lila Delman Compass License #RES.0042929
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,660
Year Built
- Built in 1870
HOA Fees
- $259 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Combination Foundation
- Clapboard
- Plaster
Interior Spaces
- 837 Sq Ft Home
- 1-Story Property
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- No Garage
- Unassigned Parking
Outdoor Features
- Walking Distance to Water
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
Listing and Financial Details
- Tax Lot 261
- Assessor Parcel Number 402SPRINGST1NEWP
Community Details
Overview
- 3 Units
- Spring Street Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2018
Closed on
Jun 29, 2018
Sold by
Furtado Jared P
Bought by
Corcoran Alan S and Mustienes-Harvey Carlos
Seller's Agent
Mike Sweeney
Gustave White Sotheby's Realty
Buyer's Agent
Keith Marvelle
Compass / Lila Delman Compass
List Price
$229,000
Sold Price
$224,500
Premium/Discount to List
-$4,500
-1.97%
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
$387,441
Avg. Annual Appreciation
14.83%
Purchase Details
Closed on
Jul 5, 2007
Sold by
Sully Squared Llc
Bought by
Furtado Jared P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
6.39%
Purchase Details
Closed on
Mar 15, 2007
Sold by
402 Spring Street Llc
Bought by
Carpenter Micheal
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Corcoran Alan S | $225,000 | -- | |
| Furtado Jared P | $239,000 | -- | |
| Carpenter Micheal | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Carpenter Micheal | $34,700 | |
| Previous Owner | Carpenter Micheal | $215,100 | |
| Previous Owner | Carpenter Micheal | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2018 07/01/18 | Sold | $224,500 | -2.0% | $268 / Sq Ft |
| 06/01/2018 06/01/18 | Pending | -- | -- | -- |
| 04/10/2018 04/10/18 | For Sale | $229,000 | -- | $274 / 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 |
|---|---|---|---|---|
| 2025 | $3,174 | $365,300 | $0 | $365,300 |
| 2024 | $3,149 | $383,100 | $0 | $383,100 |
| 2023 | $2,524 | $254,400 | $0 | $254,400 |
| 2022 | $2,445 | $254,400 | $0 | $254,400 |
| 2021 | $2,374 | $254,400 | $0 | $254,400 |
| 2020 | $2,372 | $230,700 | $0 | $230,700 |
| 2019 | $2,372 | $230,700 | $0 | $230,700 |
| 2018 | $2,371 | $237,300 | $0 | $237,300 |
| 2017 | $2,660 | $237,300 | $0 | $237,300 |
| 2016 | $2,594 | $237,300 | $0 | $237,300 |
| 2015 | $2,532 | $237,300 | $0 | $237,300 |
| 2014 | $2,502 | $207,500 | $0 | $207,500 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Sweeney
-
Dave Huberman
Seller Co-Listing Agent in 2018
Dave Huberman
Gustave White Sotheby's Realty
(401) 316-6051
7 in this area
47 Total Sales
-
K
Buyer's Agent in 2018
Keith Marvelle
Compass / Lila Delman Compass
Map
Source: State-Wide MLS
MLS Number: 1187259
APN: NEWP-000032-000261-000001
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