$534,000 - $616,511
RENTED AUG 5, 2025

569 Spring St Unit 1N Newport, RI 02840

Fifth Ward Neighborhood
2 Beds
1 Bath
960 Sq Ft
$617 Price per Sq Ft

Last Sold January 15, 2019

Last sale price $322,500 $336 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,462/month

Highlights

  • Furnished
  • Heating System Uses Steam
  • 1-Story Property

About This Home

As of August 2025

Beautiful first floor, furnished, 2 bedroom, 1 bath summer rental in Grey Gables. Private entrance, high ceilings, 1 on site parking space, coin laundry in building and plenty of storage. This sun filled unit has a spacious living room, 2 bedrooms (1 queen bed and 1 day bed with trundle) full bath with shower, updated kitchen, and large dining room. This condo is located in the 5th Ward neighborhood and one block from Bellevue Ave, a short walk to The Cliff Walk, shops, restaurants, Thames Street and Newport Harbor. Enjoy your summer in this stunning condo! Pricing as follows: May $2700, September $3800, and October $2700. Leases must be between 30 and 100 days. Rented for June-Aug already.

Last Agent to Rent the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 02/11/2025

RE/MAX Results

Last Renter's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 02/11/2025

RE/MAX Results

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,635

Year Built

  • Built in 1900

Parking

  • 1 Parking Space

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Property Available on 5/1/25
  • Month-to-Month Lease Term
  • Assessor Parcel Number 569SPRINGST1NNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,635

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2025-05-01
  • Security Deposit: 1000.0

Listing Details

  • Prop. Type: Residential Lease
  • Above Grade Finished Sq Ft: 960.0
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Living Area: 960.0
  • Stories: 1

Garage/Parking

  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Electricity, Heat, Hot Water, Internet, Laundry Facilities, Parking, Sewer, Trash Collection, Water
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 569SPRINGST1NNEWP

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Jan 15, 2019
Sold by
Caldwell Elliott
Bought by
Svenevik Paul S and Lasser Cindy
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
Kathleen Greenman
Gustave White Sotheby's Realty
List Price
$365,000
Sold Price
$322,500
Premium/Discount to List
-$42,500
-11.64%
Current Estimated Value
$592,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,628
Avg. Annual Appreciation
9.67%
Original Mortgage
$200,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1999
Sold by
Gediman Sheila Kelly and Gediman Henry
Bought by
Caldwell Elliott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,375
Interest Rate
7.61%
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Rented $4,200 +55.6% --
07/29/2025 07/29/25 Under Contract -- -- --
02/11/2025 02/11/25 For Rent $2,700 -40.0% --
07/15/2024 07/15/24 Rented $4,500 0.0% --
07/01/2024 07/01/24 Under Contract -- -- --
06/13/2024 06/13/24 Price Changed $4,500 -10.0% $5 / Sq Ft
02/01/2024 02/01/24 For Rent $5,000 +66.7% --
07/31/2023 07/31/23 Rented $3,000 -4.8% --
06/23/2023 06/23/23 For Rent $3,150 -30.0% --
06/21/2023 06/21/23 Rented $4,500 -6.3% --
06/14/2023 06/14/23 Under Contract -- -- --
04/17/2023 04/17/23 Price Changed $4,800 -4.0% $5 / Sq Ft
01/30/2023 01/30/23 For Rent $5,000 -60.0% --
07/01/2021 07/01/21 Rented $12,500 +177.8% --
06/01/2021 06/01/21 Under Contract -- -- --
10/30/2020 10/30/20 For Rent $4,500 0.0% --
01/20/2020 01/20/20 For Rent $4,500 -60.9% --
01/20/2020 01/20/20 Rented $11,500 +155.6% --
07/20/2019 07/20/19 Rented $4,500 -10.0% --
06/20/2019 06/20/19 Under Contract -- -- --
05/08/2019 05/08/19 For Rent $5,000 0.0% --
01/15/2019 01/15/19 Sold $322,500 -11.6% $258 / Sq Ft
12/16/2018 12/16/18 Pending -- -- --
11/21/2018 11/21/18 For Sale $365,000 -- $292 / 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
2024 $2,635 $320,600 $0 $320,600
2023 $2,664 $268,500 $0 $268,500
2022 $2,580 $268,500 $0 $268,500
2021 $2,505 $268,500 $0 $268,500
2020 $2,320 $225,700 $0 $225,700
2019 $2,320 $225,700 $0 $225,700
2018 $2,255 $225,700 $0 $225,700
2017 $2,530 $225,700 $0 $225,700
2016 $2,467 $225,700 $0 $225,700
2015 $2,408 $225,700 $0 $225,700
2014 $2,742 $227,400 $0 $227,400
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Landlord's Agent in 2025

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    48 in this area

    699 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Alex Chiera

    BHHS Commonwealth Real Estate

    (845) 849-4392

    19 Total Sales

    Section Image
  • Laurie Hewitt Burke

    Seller's Agent in 2021

    Laurie Hewitt Burke

    Lila Delman Compass

    (401) 662-5946

    3 Total Sales

    Section Image
  • Kara Malkovich

    Buyer's Agent in 2021

    Kara Malkovich

    Lila Delman Compass

    (401) 714-6600

    7 in this area

    42 Total Sales

    Section Image
  • Connor Dowd

    Buyer's Agent in 2020

    Connor Dowd

    Keller Williams Coastal

    (401) 864-4488

    5 in this area

    401 Total Sales

    Section Image

  • C

    Seller's Agent in 2019

    Carol O'Connor

    Lila Delman Compass

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1377965

State-Wide MLS

APN: NEWP-000040-000278-000001N

Rhode Island Newport County Newport 02840 Fifth Ward

569 Spring St Unit 1N, Newport, RI

This home is located at 569 Spring St Unit 1N, Newport, RI 02840 since 11 February 2025 and is currently priced at $592,128. This property was built in 1900. 569 Spring St Unit 1N 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.

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