$1,260,000
SOLD JAN 17, 2025

426 Spring St Unit 203 Newport, RI 02840

Bellevue Avenue and Estates Neighborhood
3 Beds
2 Baths
1,780 Sq Ft
$580/mo HOA Fee

Recently Sold

$708 Per Sq Ft

3% Below List Price

52 Days on Market

Highlights

  • Marina
  • Cathedral Ceiling
  • Corner Lot
  • Water Views
  • Wood Flooring
  • Tennis Courts

About This Home

As of January 2025

Discover this exceptional condominium in the heart of Newport's prestigious Mansion District. Located next to the Elms, the historic Lenthal School, originally constructed in 1889 was completely renovated in 2008. This end unit seamlessly combines timeless charm with modern luxury. Showcasing 14-foot ceilings, exposed wood beams, stone walls, and oversized windows, the space is bathed in natural light. Spanning two levels, this townhouse style home features three bedrooms, two full baths, an expansive open-concept living and dining area, and in-unit laundry. Additional conveniences include two assigned parking spaces, one secure storage areas, and an array of on-site amenities. Relax on the rooftop observation deck with sweeping harbor views or sit and enjoy the beautifully landscaped bluestone patio below. Professionally managed and move-in ready, this turnkey property places you just steps from Newport's finest attractions.

Last Agent to Sell the Property

Hillary Olinger

Serhant Rhode Island Brokerage Phone: 401-225-1705 License #RES.0040619 Listed on: 11/22/2024

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,903

Year Built

  • Built in 1889

HOA Fees

  • $580 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stone Foundation
  • Concrete Perimeter Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 1,780 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Storage Room
  • Utility Room
  • Water Views
  • Intercom

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Water Heater

Additional Features

  • Patio
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 426SPRINGST203NEWP

Community Details

Overview

  • Association fees include insurance, laundry, ground maintenance, parking, snow removal, trash
  • 13 Units
  • Newport Estates Area Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,903

Year Built

Built in 1889

Lot Details

0

HOA Fees

$580 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Inclusions: '
  • Subdivision Name: Newport estates area
  • Above Grade Finished Sq Ft: 1780.0
  • Building Name: Lenthal school condos
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1889
  • Property Sub Type Additional: Condominium
  • Attribution Contact: 401-225-1705
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Small Dogs (under 25 lbs.)
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Other Equipment: Intercom
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Second Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Stall Shower
  • Living Area: 1780.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Construction Type: Drywall, Plaster, Masonry
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Amenities: Garden Area
  • Association Fee: 580.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Laundry, Maintenance Grounds, Parking, Snow Removal, Trash

Lot Info

  • Parcel #: 426SPRINGST203NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 13

Tax Info

  • Tax Annual Amount: 9903.0
  • Tax Lot: 8
  • Tax Map Number: 35
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Jan 17, 2025
Sold by
Kulicki Leonard E and Kulicki Jennifer A
Bought by
Sugarman Jeffrey H
Seller's Agent
Hillary Olinger
Serhant Rhode Island
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$1,299,000
Sold Price
$1,260,000
Premium/Discount to List
-$39,000
-3%
Views
38
Current Estimated Value
$1,327,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,901
Avg. Annual Appreciation
7.15%
Original Mortgage
$882,000
Outstanding Balance
$875,025
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$452,876

Purchase Details

Listed on
Aug 1, 2020
Closed on
Sep 22, 2020
Sold by
Lamar Howard H and Lamar Elizabeth B
Bought by
Kulicki Leonard E and Kulicki Jennifer A
Seller's Agent
Elizabeth Enochs
Serhant Rhode Island
Buyer's Agent
Hillary Olinger
List Price
$899,000
Sold Price
$890,000
Premium/Discount to List
-$9,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$667,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 12, 2012
Closed on
May 24, 2013
Sold by
Thomas & Thomas Dev Inc
Bought by
Lamar Howard and Lamar Elizabeth
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Michelle Kirby
Gustave White Sotheby's Realty
List Price
$639,000
Sold Price
$570,000
Premium/Discount to List
-$69,000
-10.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Condominium Deed $1,260,000 None Available
Warranty Deed $890,000 None Available
Deed $570,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $882,000 Purchase Money Mortgage
Previous Owner $667,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2025 01/17/25 Sold $1,260,000 -3.0% $708 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
11/22/2024 11/22/24 For Sale $1,299,000 +46.0% $730 / Sq Ft
09/24/2020 09/24/20 Sold $890,000 -1.0% $500 / Sq Ft View Prior Sale
08/25/2020 08/25/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $899,000 0.0% $505 / Sq Ft
05/26/2017 05/26/17 Rented $7,400 -12.9% --
04/26/2017 04/26/17 Under Contract -- -- --
08/24/2016 08/24/16 For Rent $8,500 0.0% --
05/24/2013 05/24/13 Sold $570,000 -10.8% $320 / Sq Ft View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
04/12/2012 04/12/12 For Sale $639,000 -- $359 / 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
2025 $8,650 $1,204,700 $0 $1,204,700
2024 $9,903 $1,204,700 $0 $1,204,700
2023 $7,360 $741,900 $0 $741,900
2022 $7,130 $741,900 $0 $741,900
2021 $6,922 $741,900 $0 $741,900
2020 $5,791 $563,300 $0 $563,300
2019 $5,791 $563,300 $0 $563,300
2018 $5,627 $563,300 $0 $563,300
2017 $6,315 $563,300 $0 $563,300
2016 $6,157 $563,300 $0 $563,300
2015 $6,010 $563,300 $0 $563,300
2014 $6,499 $538,900 $0 $538,900
Source: Public Records

Agents Affiliated with this Home

  • Hillary Olinger

    Seller's Agent in 2025

    Hillary Olinger

    Serhant Rhode Island

    (401) 225-1705

    3 in this area

    42 Total Sales

    Hillary Olinger
    Section Image
  • Teri Degnan

    Buyer's Agent in 2025

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    2 in this area

    139 Total Sales

    Teri Degnan
    Section Image
  • Elizabeth Enochs

    Seller's Agent in 2020

    Elizabeth Enochs

    Serhant Rhode Island

    (318) 525-6901

    4 in this area

    37 Total Sales

    Elizabeth Enochs
    Section Image
  • Tina Wiley

    Seller's Agent in 2017

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    1 in this area

    52 Total Sales

    Tina Wiley
    Section Image

  • C

    Buyer's Agent in 2017

    Carol Simjian

  • Chad Kritzas

    Seller's Agent in 2013

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    3 in this area

    204 Total Sales

    Chad Kritzas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1373519

State-Wide MLS

APN: NEWP-000035-000008-000203

Rhode Island Newport County Newport 02840 Bellevue Avenue and Estates

426 Spring St Unit 203, Newport, RI

This home is located at 426 Spring St Unit 203, Newport, RI 02840 and is currently priced at $1,260,000, approximately $707 per square foot. This property was built in 1889. 426 Spring St Unit 203 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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