NOT LISTED FOR SALE

569 Spring St Unit 2 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $689,000 - $860,000

2 Beds
1 Bath
1,450 Sq Ft
$549/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $590,000 $407 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,820/month

About This Home

As of March 2021

Conveniently located in historic Fifth Ward, this meticulously cared for furnished condo is available for rent! This beautifully appointed condo is being rented as a 2 bedroom and 1 bathroom. The tall ceilings and historic charm throughout the home adds to the character of this charming property. Enjoy the gas fireplace in the oversized living room. The large sun filled eat in kitchen offers gas cooking and a deck to enjoy your meals al fresco. The updated bathroom features a tile shower and water closet. Laundry is provided in the unit. Two off street parking spots are assigned to this unit. Trash, water & sewer (with a cap) included in the rental fee. There is room in the basement for storage, bikes, etc. Available as of May 10 for a yearly rental with some flexibility on the length of the lease.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 18, 2021
Sold by
Bagley John and Bagley Gina
Bought by
Leary Anthony T and Leary Michelle C
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$549,000
Sold Price
$590,000
Premium/Discount to List
$41,000
7.47%
Current Estimated Value
$796,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,079
Avg. Annual Appreciation
7.30%
Original Mortgage
$442,500
Outstanding Balance
$402,041
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$394,038

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 18, 2019
Sold by
Pierce Heather A
Bought by
Bagley John and Bagley Gina
Seller's Agent
Teri Degnan
Teri Degnan RE & Consulting
Buyer's Agent
Kelly Holmes
Mott & Chace Sotheby's Intl.
List Price
$474,000
Sold Price
$460,000
Premium/Discount to List
-$14,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$368,000
Interest Rate
4.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 15, 2014
Closed on
Mar 7, 2014
Sold by
Behan Katherine and Sherif Katherine
Bought by
Pierce Heather A
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Lizbeth Kirwin
Keller Williams Rlty Newport
List Price
$378,500
Sold Price
$375,000
Premium/Discount to List
-$3,500
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$300,000
Interest Rate
4.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Steel Robert and Steel Patricia
Bought by
Behan Katherine and Sherif Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage
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

Purchase History

Date Buyer Sale Price Title Company
Leary Anthony T $590,000 None Available
Bagley John $460,000 --
Pierce Heather A $375,000 --
Behan Katherine $390,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leary Anthony T $442,500
Previous Owner Bagley John $368,000
Previous Owner Behan Katherine $300,000
Previous Owner Behan Katherine $37,000
Previous Owner Behan Katherine $309,000
Previous Owner Behan Katherine $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 For Rent $3,500 0.0% --
01/22/2023 01/22/23 Rented $3,500 -56.3% --
07/01/2022 07/01/22 Rented $8,000 -11.1% --
06/27/2022 06/27/22 Under Contract -- -- --
06/10/2022 06/10/22 For Rent $9,000 +221.4% --
06/10/2022 06/10/22 Rented $2,800 0.0% --
04/11/2022 04/11/22 For Rent $2,800 0.0% --
08/18/2021 08/18/21 Rented $2,800 -60.0% --
07/19/2021 07/19/21 Under Contract -- -- --
06/26/2021 06/26/21 Rented $7,000 +133.3% --
05/27/2021 05/27/21 Under Contract -- -- --
05/04/2021 05/04/21 For Rent $3,000 -90.6% --
03/24/2021 03/24/21 For Rent $32,000 0.0% --
03/18/2021 03/18/21 Sold $590,000 +7.5% $407 / Sq Ft
02/16/2021 02/16/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $549,000 +19.3% $379 / Sq Ft
01/18/2019 01/18/19 Sold $460,000 -3.0% $317 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $474,000 +26.4% $327 / Sq Ft
03/07/2014 03/07/14 Sold $375,000 -0.9% $259 / Sq Ft
02/05/2014 02/05/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $378,500 -- $261 / Sq Ft

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 $4,464 $543,100 $0 $543,100
2023 $4,477 $451,300 $0 $451,300
2022 $4,337 $451,300 $0 $451,300
2021 $4,211 $451,300 $0 $451,300
2020 $3,542 $344,600 $0 $344,600
2019 $3,542 $344,600 $0 $344,600
2018 $3,443 $344,600 $0 $344,600
2017 $3,863 $344,600 $0 $344,600
2016 $3,766 $344,600 $0 $344,600
2015 $3,677 $344,600 $0 $344,600
2014 $3,905 $323,800 $0 $323,800
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Katharine Fay

    Hogan Associates Christie's

    (401) 487-6810

    Section Image
  • Tammy Bass

    Seller Co-Listing Agent in 2023

    Tammy Bass

    Hogan Associates Christie's

    (401) 430-0856

    6 in this area

    224 Total Sales

    Tammy Bass
    Section Image

  • A

    Buyer's Agent in 2023

    Alex Chiera

    BHHS Commonwealth Real Estate

    (845) 849-4392

    18 Total Sales

    Alex Chiera
    Section Image
  • Jeremy Booth

    Seller's Agent in 2022

    Jeremy Booth

    JB Newport Realty

    (401) 480-8855

    1 in this area

    21 Total Sales

    Jeremy Booth
    Section Image

  • C

    Buyer's Agent in 2022

    Christopher DePerro

    Teri Degnan RE & Consulting

    (401) 644-3602

    7 Total Sales

    Christopher DePerro
    Section Image

  • E

    Seller's Agent in 2021

    Eric Schmigle

    Teri Degnan RE & Consulting

    (401) 418-1371

    3 Total Sales

    Eric Schmigle
    Section Image
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Map

Rhode Island Newport County Newport 02840 Fifth Ward

569 Spring St Unit 2, Newport, RI

This home is located at 569 Spring St Unit 2, Newport, RI 02840 and is currently estimated at $796,079, approximately $549 per square foot. 569 Spring St Unit 2 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.

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