513 Spring St Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $1,320,000 - $1,639,919
8
Beds
3
Baths
3,218
Sq Ft
$470/Sq Ft
Est. Value
About This Home
This home is located at 513 Spring St, Newport, RI 02840 and is currently estimated at $1,512,730, approximately $470 per square foot. 513 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 21, 2016
Sold by
Bentley 3Rd Alfred
Bought by
Davies Gregory S and Martin Paul G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Outstanding Balance
$431,784
Interest Rate
3.44%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,057,595
Purchase Details
Closed on
May 6, 1999
Sold by
S L Martin Inc
Bought by
Robinson Dawn D
Purchase Details
Closed on
May 1, 1990
Sold by
Olson Gerald
Bought by
S L Martin Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Davies Gregory S | $700,000 | -- | |
Robinson Dawn D | $275,000 | -- | |
S L Martin Inc | $231,500 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Martin Paul G | $50,000 | |
Open | Davies Gregory S | $525,000 | |
Previous Owner | S L Martin Inc | $382,000 | |
Previous Owner | S L Martin Inc | $100,000 | |
Previous Owner | S L Martin Inc | $155,000 |
Source: Public Records
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 |
---|---|---|---|---|
2024 | $9,560 | $1,163,000 | $535,100 | $627,900 |
2023 | $7,432 | $749,200 | $352,300 | $396,900 |
2022 | $7,200 | $749,200 | $352,300 | $396,900 |
2021 | $6,990 | $749,200 | $352,300 | $396,900 |
2020 | $6,195 | $602,600 | $310,000 | $292,600 |
2019 | $6,195 | $602,600 | $310,000 | $292,600 |
2018 | $6,020 | $602,600 | $310,000 | $292,600 |
2017 | $6,150 | $548,600 | $238,500 | $310,100 |
2016 | $5,996 | $548,600 | $238,500 | $310,100 |
2015 | $5,854 | $548,600 | $238,500 | $310,100 |
2014 | $5,355 | $444,000 | $186,400 | $257,600 |
Source: Public Records
Map
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