Landlord's Agent in 2024
John Long
HomeSmart Professionals
(774) 451-2163
1 in this area
53 Total Sales
8 Spring St Newport, RI 02840
Kay-Catherine NeighborhoodEstimated Value: $922,538 - $1,166,000
3
Beds
3
Baths
2,000
Sq Ft
$504/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- No HOA
- Active Adult
- Furnished
- 3-minute walk to Eisenhower Park
About This Home
As of August 2024Winter Rental: Available September 3rd, 2024. Charming 3-bedroom, 3-bathroom residence located on the desirable Spring Street in Newport, RI, offers an exquisite blend of modern living and prime location. This fully furnished home boasts an updated interior with a sleek, contemporary design, ensuring comfort and style. Notably, the property features a convenient washer/dryer in basement and is equipped with efficient forced hot water heating powered by gas. While utilities are separate, the rental includes a special offer of $50/month for pets for winter tenants, ensuring your furry friends are welcome. Situated in the heart of Newport, tenants will enjoy immediate access to the city's vibrant bars and restaurants, making it an ideal choice for Navy members or those seeking a flexible rental option off-season. Although there is no dedicated parking, ample street parking is available with overnight options and additional parking on neighboring streets. This residence not only offers a prime location and luxurious amenities but also the unique charm of living in one of Newport's most sought-after areas, complete with pet-friendly accommodations.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $6,633
Year Built
- Built in 1900
Lot Details
- 2,309
Parking
- No Garage
Home Design
- Entry on the 1st floor
- Clapboard
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- Furnished
- Unfinished Basement
- Interior Basement Entry
Flooring
- Wood
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Utilities
- No Cooling
- Heating System Uses Gas
- Hot Water Heating System
- Gas Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Property Available on 9/3/24
- Tenant pays for hot water
- Assessor Parcel Number 8SPRINGSTNEWP
Community Details
Overview
- Active Adult
- No Home Owners Association
- 2 Units
- Off Broadway Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 24, 2018
Sold by
Dipaola Michael
Bought by
Sillari Charles J
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$466,250
Outstanding Balance
$404,075
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$603,060
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sillari Charles J | $430,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sillari Charles J | $466,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/16/2024 08/16/24 | Rented | $2,750 | 0.0% | -- |
| 07/01/2024 07/01/24 | Under Contract | -- | -- | -- |
| 02/16/2024 02/16/24 | For Rent | $2,750 | -- | -- |
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 | $6,633 | $763,400 | $347,000 | $416,400 |
| 2024 | $6,275 | $763,400 | $347,000 | $416,400 |
| 2023 | $4,922 | $496,200 | $226,800 | $269,400 |
| 2022 | $4,768 | $496,200 | $226,800 | $269,400 |
| 2021 | $4,630 | $496,200 | $226,800 | $269,400 |
| 2020 | $4,580 | $445,500 | $217,600 | $227,900 |
| 2019 | $4,580 | $445,500 | $217,600 | $227,900 |
| 2018 | $3,662 | $366,600 | $217,600 | $149,000 |
| 2017 | $3,048 | $271,900 | $155,700 | $116,200 |
| 2016 | $2,972 | $271,900 | $155,700 | $116,200 |
| 2015 | $2,901 | $271,900 | $155,700 | $116,200 |
| 2014 | $2,933 | $243,200 | $132,300 | $110,900 |
Source: Public Records
Agents Affiliated with this Home
-
John Long
Map
Source: State-Wide MLS
MLS Number: 1353003
APN: NEWP-000021-000000-000216
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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