138 Spring St Unit 1 Newport, RI 02840
Historic Hill NeighborhoodEstimated payment $2,929/month
Highlights
- Marina
- Tennis Courts
- Public Transportation
- Wood Flooring
- Cooling System Mounted In Outer Wall Opening
- 2-minute walk to Queen Anne Square
About This Home
This unbeatable retail opportunity is perfectly positioned directly across from Trinity Church and Queen Anne Square on Spring Street, one of Newport's primary thoroughfares. Boasting exceptional drive-by exposure and high foot traffic, the two-level space has been transformed by a comprehensive interior renovation. Large windows flood the floor plan with natural light, highlighting newly redone floors, updated light fixtures, and a brand-new air conditioning systems. The space is now fully equipped for modern operations with an updated bathroom and the addition of a sleek kitchenette featuring a refrigerator, wine refrigerator, microwave, sink, and custom adjustable storage. Complemented by a rear storage/workroom and a recent exterior refresh, this turnkey property is ready for immediate occupancy, allowing you to hit the ground running just in time for the lucrative spring and summer seasons.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,200
Year Built
- Built in 1900
HOA Fees
- $126 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Combination Foundation
- Clapboard
- Plaster
Interior Spaces
- 0.5 Bathroom
- 580 Sq Ft Home
- 2-Story Property
- Utility Room
- Wood Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Microwave
Parking
- No Garage
- Unassigned Parking
Location
- Property near a hospital
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- Separate Meters
- 100 Amp Service
- Water Heater
Listing and Financial Details
- Tax Lot 363-1
- Assessor Parcel Number 138SPRINGST1NEWP
Community Details
Overview
- Association fees include insurance, trash
- Historic Hill Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,177 | $202,100 | $0 | $202,100 |
| 2024 | $2,349 | $224,600 | $0 | $224,600 |
| 2023 | $1,884 | $126,600 | $0 | $126,600 |
| 2022 | $1,824 | $126,600 | $0 | $126,600 |
| 2021 | $1,771 | $126,600 | $0 | $126,600 |
| 2020 | $1,849 | $119,900 | $0 | $119,900 |
| 2019 | $1,849 | $119,900 | $0 | $119,900 |
| 2018 | $1,796 | $119,900 | $0 | $119,900 |
| 2017 | $1,483 | $95,400 | $0 | $95,400 |
| 2016 | $1,446 | $95,400 | $0 | $95,400 |
| 2015 | $1,411 | $95,400 | $0 | $95,400 |
| 2014 | $1,916 | $114,600 | $0 | $114,600 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/28/2026 04/28/26 | For Sale | $485,000 | -- | $836 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Condominium Deed | $290,000 | None Available | |
| Condominium Deed | $237,500 | None Available | |
| Warranty Deed | $155,000 | None Available | |
| Warranty Deed | $80,000 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $232,000 | Purchase Money Mortgage | |
| Closed | $190,000 | Commercial |
Source: State-Wide MLS
MLS Number: 1411160
APN: NEWP-000024-000363-000001
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