569 Spring St Unit 3 Newport, RI 02840
Fifth Ward Neighborhood
2
Beds
1
Bath
1,190
Sq Ft
$300/mo
HOA Fee
Highlights
- Marina
- Water Access
- Attic
- Golf Course Community
- Wood Flooring
- Corner Lot
About This Home
As of March 2023Beautifully renovated Condo in Grey Gables. The unit encompasses the entire third floor and features large rooms, gleaming hardwood floors, high ceilings, views to the Newport Bridge, an abundance of natural light, a new eat in kitchen and a new bath. Additionally, this is the only unit in the building with a dedicated storage room. The central Newport location makes it an easy walk to Salve Regina, Morton Park, the beaches, cliff walk, shopping, dining, the harbor and yacht clubs. Two off-street assigned parking spaces complete the package.
Available furnished or unfurnished. Rental history available.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0043775 Listed on: 09/01/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,924
Year Built
- Built in 1870
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Combination Foundation
- Stone Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,190 Sq Ft Home
- 3-Story Property
- Furnished
- Skylights
- Permanent Attic Stairs
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Assigned Parking
Outdoor Features
- Water Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 278
- Assessor Parcel Number 569SPRINGST3NEWP
Community Details
Overview
- 4 Units
- 5Th Ward Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,532
Avg. Annual Appreciation
10.45%
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
Similar Homes in Newport, RI
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 | $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
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
-
Seller's Agent in 2023
Alex Fraioli
Edge Realty RI
(401) 255-9109
14 in this area
143 Total Sales
-
Buyer's Agent in 2023
Joe Fitzpatrick
RE/MAX Results
(401) 835-2045
48 in this area
700 Total Sales
-
Seller's Agent in 2020
Douglas Kohler
Lila Delman Compass
(401) 602-2507
2 in this area
37 Total Sales
-
P
Buyer's Agent in 2020
Pawler Garrahan
Lila Delman Real Estate
-
Seller's Agent in 2014
Chad Kritzas
HomeSmart Professionals
(401) 474-5669
5 in this area
220 Total Sales
-
Buyer's Agent in 2014
Alice Sheerin
Teri Degnan RE & Consulting
(401) 935-1601
2 in this area
23 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1260577
APN: NEWP-000040-000278-000003
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