$280,000
SOLD NOV 6, 2014

569 Spring St Unit 3 Newport, RI 02840

Fifth Ward Neighborhood
2 Beds
1 Bath
1,190 Sq Ft
$188/mo HOA Fee

Recently Sold

$235 Per Sq Ft

9% Below List Price

108 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Water Views
  • Attic
  • Walking Distance to Water

About This Home

As of March 2023

Spacious 2 bed condo w water views! With almost 1200 sq ft of living space this unit boasts hw floors throughout, EIK & gas heat. Enjoy views of Newport Harbor & Newport Bridge. Walk to historic Bellevue Ave, park, shopping & restaurants. Low fees!

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 06/20/2014

Last Buyer's Agent

Alice Sheerin

Teri Degnan RE & Consulting License #RES.0032864

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,249

Year Built

  • Built in 1900

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Clapboard

Interior Spaces

  • 1,190 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Family Room
  • Wood Flooring
  • Water Views
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Radiant Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Cul-De-Sac

Listing and Financial Details

  • Tax Lot 279
  • Assessor Parcel Number 569SPRINGST3NEWP

Community Details

Overview

  • 4 Units
  • Fifth Ward Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,249

Year Built

Built in 1900

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Fifth Ward
  • Above Grade Finished Sq Ft: 1190.0
  • Building Name: Grey Gables
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Skylights, Cable TV
  • Living Area: 1190.0
  • Dining Room Type: Family Room, Kitchen
  • Stories: 3
  • Window Features: Skylight(s), Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Gas, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 187.5
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 569SPRINGST3NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 3249.0
  • Tax Lot: 279
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Mar 3, 2023
Sold by
Winthrop Henry F
Bought by
Poirier Tarah
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$529,000
Sold Price
$440,000
Premium/Discount to List
-$89,000
-16.82%
Views
318
Current Estimated Value
$611,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,493
Avg. Annual Appreciation
10.41%
Original Mortgage
$418,000
Outstanding Balance
$406,187
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,508

Purchase Details

Listed on
Sep 1, 2020
Closed on
Dec 4, 2020
Sold by
Schwier David T and Schwier Victoria K
Bought by
Winthrop Henry F
Seller's Agent
Douglas Kohler
Lila Delman Compass
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.12%
Original Mortgage
$333,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2014
Closed on
Nov 7, 2014
Sold by
Yozura Jason A
Bought by
Schwier Victoria K and Schwier David T
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Alice Sheerin
Teri Degnan RE & Consulting
List Price
$309,000
Sold Price
$280,000
Premium/Discount to List
-$29,000
-9.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$184,000
Interest Rate
3.63%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 12, 2009
Sold by
Steel Robert T and Steel Patricia
Bought by
Yozura Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $440,000 None Available
Warranty Deed $370,000 None Available
Warranty Deed $280,000 --
Deed $260,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $418,000 Purchase Money Mortgage
Previous Owner $333,000 New Conventional
Previous Owner $184,000 Adjustable Rate Mortgage/ARM
Previous Owner $35,000 No Value Available
Previous Owner $189,000 No Value Available
Previous Owner $193,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2023 03/03/23 Sold $440,000 -11.8% $370 / Sq Ft
02/13/2023 02/13/23 Price Changed $499,000 -5.7% $419 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
10/11/2022 10/11/22 For Sale $529,000 +43.0% $445 / Sq Ft
12/14/2020 12/14/20 Sold $370,000 -12.9% $311 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $425,000 0.0% $357 / Sq Ft
03/06/2020 03/06/20 Rented $10,800 +468.4% --
02/05/2020 02/05/20 Under Contract -- -- --
08/31/2019 08/31/19 For Rent $1,900 0.0% --
11/06/2014 11/06/14 Sold $280,000 -9.4% $235 / Sq Ft
10/07/2014 10/07/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $309,000 -- $260 / 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 $3,509 $426,900 $0 $426,900
2023 $3,541 $357,000 $0 $357,000
2022 $3,431 $357,000 $0 $357,000
2021 $3,331 $357,000 $0 $357,000
2020 $2,924 $284,400 $0 $284,400
2019 $2,924 $284,400 $0 $284,400
2018 $2,841 $284,400 $0 $284,400
2017 $3,188 $284,400 $0 $284,400
2016 $3,108 $284,400 $0 $284,400
2015 $3,035 $284,400 $0 $284,400
2014 $3,347 $277,500 $0 $277,500
Source: Public Records

Agents Affiliated with this Home

  • Alex Fraioli

    Seller's Agent in 2023

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    14 in this area

    143 Total Sales

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  • Joe Fitzpatrick

    Buyer's Agent in 2023

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    48 in this area

    700 Total Sales

    Section Image
  • Douglas Kohler

    Seller's Agent in 2020

    Douglas Kohler

    Lila Delman Compass

    (401) 602-2507

    2 in this area

    37 Total Sales

    Section Image

  • P

    Buyer's Agent in 2020

    Pawler Garrahan

    Lila Delman Real Estate

  • Chad Kritzas

    Seller's Agent in 2014

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    5 in this area

    219 Total Sales

    Section Image
  • Alice Sheerin

    Buyer's Agent in 2014

    Alice Sheerin

    Teri Degnan RE & Consulting

    (401) 935-1601

    2 in this area

    23 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1071432

State-Wide MLS

APN: NEWP-000040-000278-000003

Rhode Island Newport County Newport 02840 Fifth Ward

569 Spring St Unit 3, Newport, RI

This home is located at 569 Spring St Unit 3, Newport, RI 02840 and is currently priced at $280,000, approximately $235 per square foot. This property was built in 1900. 569 Spring St Unit 3 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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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