Seller's Agent in 2024
Edith Cushing
RE/MAX Profnl. Newport, Inc.
(401) 848-6750
3 in this area
42 Total Sales
573 Spring St Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $1,163,000 - $1,508,000
4
Beds
3
Baths
2,440
Sq Ft
$579/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Wooded Lot
- Golf Course Community
- Wood Burning Stove
- Marble Flooring
About This Home
As of January 2024Wonderful Victorian with three floors of living area located in the Fifth Ward on Spring Street just steps from Morton Park & downtown Newport. This 4-bedroom, 3 bath home has been renovated with all the comforts of modern day living, while maintaining its classic character and charm. The primary entrance to the first floor is through an enclosed porch with entry to a large foyer w/parquet floors. French doors lead to the formal living room which flows to the open concept dining area & updated kitchen with granite counters, gas stove, stainless appliances, wine refrigerator & custom wood peninsula. The back sitting room features a wood stove, full bath, sliders to the deck, patio area, fenced yard & a private staircase to the primary suite. Second floor primary suite is large, has a walk-in closet/dressing room & ensuite bath w/a marble tiled shower. The rest of the second floor features another large sunny bedroom, full bath, an office, another seating area with built-in shelves & a bow window. There is a stairway leading to the 3rd floor with 2 more bedrooms. Hardwood floors throughout & high ceilings. Three temperature zones. Full walkout basement w/laundry area, plenty of storage and a workshop. House has been recently converted to natural gas with a high efficiency boiler along w/central air. Back yard is private, has an outdoor shower & shed. Off street parking. Great owner occupied or second home property. Easy access to everything Newport has to offer. $8121 Res Tax
Last Agent to Sell the Property
RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 10/26/2023
Last Buyer's Agent
RE/MAX Profnl. Newport, Inc. License #REB.0017022 Listed on: 10/26/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,948
Year Built
- Built in 1900
Lot Details
- 3,920 Sq Ft Lot
- Fenced
- Wooded Lot
- Property is zoned R-10
Home Design
- Victorian Architecture
- Stone Foundation
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 2,440 Sq Ft Home
- 3-Story Property
- Skylights
- Wood Burning Stove
- Thermal Windows
- Workshop
- Storage Room
- Utility Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Parquet
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 2 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Deck
- Patio
Location
- Property near a hospital
Utilities
- Compressor
- Zoned Heating and Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Hot Water Heating System
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 186
- Assessor Parcel Number 573SPRINGSTNEWP
Community Details
Overview
- Fifth Ward/Morton Park Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 26, 2023
Closed on
Jan 12, 2024
Sold by
Hallisey Patrick J and Hallisey Raymond Sandra
Bought by
Baldell Nicholas R and Baldell Sarah M
Seller's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$1,275,000
Sold Price
$1,050,000
Premium/Discount to List
-$225,000
-17.65%
Views
186
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
$362,071
Avg. Annual Appreciation
16.68%
Original Mortgage
$820,000
Outstanding Balance
$804,912
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$607,159
Purchase Details
Closed on
Feb 15, 2019
Sold by
573 Spring Street Llc
Bought by
Hallisey Patrick J and Hallisey Raymond Sandra
Purchase Details
Listed on
Sep 8, 2017
Closed on
Feb 7, 2018
Sold by
Buckley Matthew T and Buckley Jennifer L
Bought by
573 Spring St Llc
Seller's Agent
Lee Caouette
RI Real Estate Services
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$779,000
Sold Price
$735,000
Premium/Discount to List
-$44,000
-5.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.67%
Original Mortgage
$700,000
Interest Rate
3.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 3, 2014
Sold by
Buckley Matthew T and Buckley Jennifer L
Bought by
Buckley Matthew T and Buckley Jennifer L
Purchase Details
Closed on
Oct 10, 2007
Sold by
Pellat-Finets Pascal and Pellat-Finets Jennifer
Bought by
Simaan Walid
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baldell Nicholas R | $1,050,000 | None Available | |
| Hallisey Patrick J | -- | -- | |
| 573 Spring St Llc | $735,000 | -- | |
| Buckley Matthew T | -- | -- | |
| Simaan Walid | $425,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baldell Nicholas R | $820,000 | |
| Previous Owner | 573 Spring St Llc | $700,000 | |
| Previous Owner | Simaan Walid | $302,711 | |
| Previous Owner | Simaan Walid | $318,750 | |
| Previous Owner | Simaan Walid | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $1,050,000 | -17.6% | $430 / Sq Ft | |
| 01/04/2024 01/04/24 | Pending | -- | -- | -- | |
| 10/26/2023 10/26/23 | For Sale | $1,275,000 | +73.5% | $523 / Sq Ft | |
| 02/07/2018 02/07/18 | Sold | $735,000 | -5.6% | $301 / Sq Ft | View Prior Sale |
| 01/08/2018 01/08/18 | Pending | -- | -- | -- | |
| 09/08/2017 09/08/17 | For Sale | $779,000 | +56.1% | $319 / Sq Ft | |
| 05/30/2013 05/30/13 | Sold | $499,000 | -7.4% | $195 / Sq Ft | View Prior Sale |
| 04/30/2013 04/30/13 | Pending | -- | -- | -- | |
| 10/22/2012 10/22/12 | For Sale | $539,000 | -- | $210 / 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 |
|---|---|---|---|---|
| 2025 | $7,994 | $1,113,400 | $462,500 | $650,900 |
| 2024 | $7,760 | $1,113,400 | $462,500 | $650,900 |
| 2023 | $8,122 | $818,700 | $304,500 | $514,200 |
| 2022 | $7,868 | $818,700 | $304,500 | $514,200 |
| 2021 | $7,638 | $818,700 | $304,500 | $514,200 |
| 2020 | $6,583 | $640,400 | $282,900 | $357,500 |
| 2019 | $6,583 | $640,400 | $282,900 | $357,500 |
| 2018 | $6,398 | $640,400 | $282,900 | $357,500 |
| 2017 | $5,528 | $493,100 | $217,500 | $275,600 |
| 2016 | $5,390 | $493,100 | $217,500 | $275,600 |
| 2015 | $5,261 | $493,100 | $217,500 | $275,600 |
| 2014 | $5,241 | $434,600 | $170,000 | $264,600 |
Source: Public Records
Agents Affiliated with this Home
-
Edith Cushing
-
Lee Caouette
Seller's Agent in 2018
Lee Caouette
RI Real Estate Services
(401) 480-7644
1 in this area
11 Total Sales
-
Matt Hadfield
Seller's Agent in 2013
Matt Hadfield
Hogan Associates Christie's
(401) 965-1927
6 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1346866
APN: NEWP-000040-000000-000186
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.
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.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Nearby Homes
- 66 Webster St Unit 9
- 0 Meikle Ave
- 17 Meikle Ave Unit 19
- 39 Connection St
- 604 Thames & 4 Dixon St
- 26 Atlantic St
- 63 Coggeshall Ave
- 70 Carroll Ave Unit 510
- 6 Sharon Ct
- 57 Clinton St Unit 57C
- 91 Houston Ave
- 13 Dean Ave
- 364 Bellevue Ave Unit A1
- 364 Bellevue Ave Unit D7
- 73 Old Fort Rd Unit 75
- 8 Sylvan St
- 30 S Baptist St
- 207 Ruggles Ave
- 20 Berkeley Ave Unit 2
- 19 Slocum St
- 575 Spring St Unit 577
- 577 Spring St
- 571 Spring St Unit 2
- 54 Morton Ave
- 271273 Spring St
- 569 Spring St Unit 3
- 569 Spring St Unit 2
- 569 Spring St Unit 1N
- 569 Spring St Unit 1S
- 569 Spring St Unit 2&3
- 569 Spring St Unit 4
- 52 Morton Ave Unit 1
- 52 Morton Ave Unit 3
- 52 Morton Ave Unit 2
- 416418 Spring St
- 50 Morton Ave
- 51 Webster St
- 63 Webster Ave
- 63 Webster St Unit 67
- 63 Webster St