NOT LISTED FOR SALE

427 Spring St Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $410,000 - $1,410,624

2 Beds
1 Bath
800 Sq Ft
$1,412/Sq Ft Est. Value

Sale Details

Date Sold: September 21, 2017

Last sale price $698,000 $872 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,887 / mo

Highlights

  • Marina
  • Furnished
  • Tennis Courts
  • Wood Flooring
  • No HOA
  • Walking Distance to Water

About This Home

As of December 2020

WINTER RENTAL September 2021 - ALL UTILITIES INCLUDED Affordable 2 bedroom rental steps from downtown and close to Salve. Roomy 2 bedroom 3rd floor unit with all the utilities included. Nice yard, laundry in building. Storage space. Great living space. Popular rental Can't beat it! Can be combined with the 2nd floor for 5 bedroom unit or the whole house and be rented - 8 total bedrooms.

Last Agent to Rent the Property

Kevan Campbell

Hogan Associates Christie's License #RES.0034444 Listed on: 11/11/2020

Last Renter's Agent

Holly McLear

Hogan Associates Christie's License #RES.0028965

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 2,352

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 800 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Thermal Windows
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • Cooling Available
  • Heating System Uses Oil
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Property Available on 9/7/21
  • Month-to-Month Lease Term
  • Assessor Parcel Number 427SPRINGSTNEWP

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Spring/Bellevue/Thames Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

2,352 Sq Ft Lot

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2021-09-07
  • Security Deposit: 1650.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Spring/Bellevue/Thames
  • Above Grade Finished Sq Ft: 800.0
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • Building Stories: 3
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 800.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall
  • Exterior Features: Porch
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage, Unassigned

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Electricity, Heat, Hot Water, Internet, Laundry Facilities, Sewer, Trash Collection, Cable TV
  • Association: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 427SPRINGSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Sep 21, 2017
Sold by
Bought by
Seller's Agent
Jason Brown
William Raveis Inspire
Buyer's Agent
Kevan Campbell
Hogan Associates Christie's
List Price
$749,000
Sold Price
$698,000
Premium/Discount to List
-$51,000
-6.81%
Current Estimated Value
$1,129,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,406
Avg. Annual Appreciation
5.54%
Original Mortgage
$523,500
Outstanding Balance
$427,600
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$701,806

Purchase Details

Closed on
Dec 18, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 2, 2005
Sold by
Bought by

Purchase Details

Closed on
Jul 3, 2001
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Fifth Ward, RI

  • Daniel Cordeiro Real Estate Agent - Gustave White Sotheby's Realty

    Daniel Cordeiro

    Responds Quickly

    Gustave White Sotheby's Realty

    (844) 763-4116

    17 Total Sales

    1 in Fifth Ward

    $1,350,000 Price

    Daniel Cordeiro
     Section Image
  • S & O Rhode Island Group Real Estate Agent - Smith and Oak Real Estate Co.

    S & O Rhode Island Group

    Smith and Oak Real Estate Co.

    (401) 592-5919

    73 Total Sales

    1 in Fifth Ward

    $1,515,000 Price

    S & O Rhode Island Group
     Section Image
  • The Labonte Group Real Estate Agent - Residential Properties Ltd.

    The Labonte Group

    Residential Properties Ltd.

    (959) 230-0915

    17 Total Sales

    1 in Fifth Ward

    $1,695,000 Price

    The Labonte Group
     Section Image
  • David Carty Real Estate Agent - CARTY REALTY

    David Carty

    CARTY REALTY

    (401) 756-1960

    88 Total Sales

    1 in Fifth Ward

    $2,125,000 Price

    David Carty
     Section Image
  • Lisa Raposa Real Estate Agent - Compass

    Lisa Raposa

    Responds Quickly

    Compass

    (401) 386-9171

    75 Total Sales

    1 in Fifth Ward

    $1,675,000 Price

    Lisa Raposa
     Section Image
  • Edith Cushing Real Estate Agent - RE/MAX Profnl. Newport, Inc.

    Edith Cushing

    Responds Quickly

    RE/MAX Profnl. Newport, Inc.

    (401) 227-3276

    33 Total Sales

    3 in Fifth Ward

    $342K - $1.8M Price Range

    Edith Cushing
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$698,000 --
$400,000 --
$565,000 --
$285,000 --
$185,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $523,500
Closed $452,000
Closed $56,500
Previous Owner $259,000
Closed $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2020 11/11/20 For Rent $1,650 0.0% --
11/11/2020 11/11/20 Rented $1,650 0.0% --
08/10/2020 08/10/20 For Rent $1,650 0.0% --
08/10/2020 08/10/20 Rented $1,650 -72.5% --
05/22/2020 05/22/20 Rented $6,000 +71.4% --
04/22/2020 04/22/20 Under Contract -- -- --
02/11/2020 02/11/20 For Rent $3,500 0.0% --
09/21/2017 09/21/17 Sold $698,000 -6.8% $262 / Sq Ft View Prior Sale
08/22/2017 08/22/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $749,000 -- $282 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,308 $956,100 $349,000 $607,100
2024 $7,859 $956,100 $349,000 $607,100
2023 $6,069 $611,800 $228,100 $383,700
2022 $5,879 $611,800 $228,100 $383,700
2021 $5,708 $611,800 $228,100 $383,700
2020 $5,193 $505,200 $217,800 $287,400
2019 $5,193 $505,200 $217,800 $287,400
2018 $5,047 $505,200 $217,800 $287,400
2017 $4,643 $414,200 $155,800 $258,400
2016 $4,527 $414,200 $155,800 $258,400
2015 $4,420 $414,200 $155,800 $258,400
2014 $3,977 $329,800 $132,400 $197,400
Source: Public Records

Agents Affiliated with this Home

  • Kevan Campbell Real Estate Agent - Hogan Associates Christie's

    Landlord's Agent in 2020

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    3 in this area

    55 Total Sales

    Kevan Campbell
    Section Image

  • M

    Buyer's Agent in 2020

    Madeline Andrews

  • Holly McLear Real Estate Agent - Hogan Associates Christie's

    Tenant's Agent in 2020

    Holly McLear

    Hogan Associates Christie's

    (401) 855-0485

    5 in this area

    35 Total Sales

    Holly McLear
    Section Image

  • J

    Seller's Agent in 2017

    Jason Brown

    William Raveis Inspire

    (401) 846-3800

    7 in this area

    22 Total Sales

    Jason Brown
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1269790

State-Wide MLS

APN: NEWP-000035-000000-000009

Rhode Island Newport County Newport 02840 Fifth Ward

427 Spring St, Newport, RI

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