W
Seller's Agent in 2020
William Leys
Gustave White Sotheby's Realty
(401) 862-2507
2 in this area
10 Total Sales
547 Spring St Newport, RI 02840
Fifth Ward Neighborhood
5
Beds
2
Baths
2,493
Sq Ft
4,791
Sq Ft Lot
Highlights
- Wood Flooring
- Central Heating
- Wood Siding
- Attic
About This Home
As of December 2020Attention contractors and developers this classic two-family located in the desirable Fifth Ward can be updated as a two-family or returned to a single family. Features include hardwood floors, original details, gas heat, updated electric, slate roof, yard, 2 tandem off-street parking spaces, separate utilities and a corner lot. The interior is bright and sunny plus the possibility exists for expansion in the third floor standup attic space with skylight. Close to Thames Street, Bellevue Avenue, restaurants, shopping and Cliff Walk. This location is not in a flood zone and is not in the historic district. Property being sold "as is" Buyers bring your imagination, needs updating.
Last Agent to Sell the Property
Lila Delman Compass License #REB.0018063 Listed on: 08/07/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,848
Year Built
- Built in 1900
Lot Details
- 4,791 Sq Ft Lot
Home Design
- Wood Siding
- Clapboard
Interior Spaces
- 2,493 Sq Ft Home
- 3-Story Property
- Wood Flooring
- Attic
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
Utilities
- No Cooling
- Central Heating
- Heating System Uses Gas
- Water Heater
Community Details
- 4 Units
- Fifth Ward Subdivision
Listing and Financial Details
- Tax Lot 112
- Assessor Parcel Number 547SpringSTNEWP
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2020
Closed on
Nov 10, 2020
Sold by
Spring St Holdings Llc
Bought by
Hackett Marijane
Seller's Agent
William Leys
Gustave White Sotheby's Realty
Buyer's Agent
Dave Hackett
Mott & Chace Sotheby's Intl.
List Price
$849,000
Sold Price
$799,000
Premium/Discount to List
-$50,000
-5.89%
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
$713,344
Avg. Annual Appreciation
12.32%
Original Mortgage
$335,000
Outstanding Balance
$300,810
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,088,251
Purchase Details
Closed on
Dec 7, 2012
Sold by
Martin David M
Bought by
Lozito Albert P
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $799,000 | None Available | |
| Executors Deed | $290,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $100,000 | Stand Alone Refi Refinance Of Original Loan | |
| Open | $335,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2020 12/11/20 | Sold | $799,000 | -5.9% | $165 / Sq Ft |
| 11/11/2020 11/11/20 | Pending | -- | -- | -- |
| 03/02/2020 03/02/20 | For Sale | $849,000 | +61.7% | $175 / Sq Ft |
| 06/01/2018 06/01/18 | Sold | $525,000 | -12.4% | $211 / Sq Ft |
| 05/02/2018 05/02/18 | Pending | -- | -- | -- |
| 08/07/2017 08/07/17 | For Sale | $599,000 | -- | $240 / 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 |
|---|---|---|---|---|
| 2024 | $8,057 | $1,156,000 | $481,800 | $674,200 |
| 2023 | $7,375 | $743,400 | $317,100 | $426,300 |
| 2022 | $7,144 | $743,400 | $317,100 | $426,300 |
| 2021 | $6,821 | $731,100 | $317,100 | $414,000 |
| 2020 | $5,661 | $550,700 | $285,200 | $265,500 |
| 2019 | $5,661 | $550,700 | $285,200 | $265,500 |
| 2018 | $5,501 | $550,700 | $285,200 | $265,500 |
| 2017 | $4,848 | $432,500 | $219,400 | $213,100 |
| 2016 | $4,727 | $432,500 | $219,400 | $213,100 |
| 2015 | $4,615 | $432,500 | $219,400 | $213,100 |
| 2014 | $4,582 | $379,900 | $171,500 | $208,400 |
Source: Public Records
Agents Affiliated with this Home
-
William Leys
-
Paul Leys
P
Seller Co-Listing Agent in 2020
Paul Leys
Gustave White Sotheby's Realty
(401) 862-6706
6 in this area
45 Total Sales
-
Dave Hackett
Buyer's Agent in 2020
Dave Hackett
Mott & Chace Sotheby's Intl.
(401) 500-0057
1 in this area
77 Total Sales
-
Elizabeth Cody
E
Seller's Agent in 2018
Elizabeth Cody
Lila Delman Compass
(781) 492-8396
5 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1170093
APN: NEWP-000040-000000-000112
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