Landlord's Agent in 2026
Karin Jackson
Lila Delman Compass
(401) 338-3771
8 in this area
159 Total Sales
485 Spring St Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $1,120,000 - $1,702,000
4
Beds
2
Baths
1,963
Sq Ft
$710/Sq Ft
Est. Value
Highlights
- Marina
- Cathedral Ceiling
- Furnished
- Contemporary Architecture
- Wood Flooring
- No HOA
About This Home
As of April 2026Located in the heart of Newport, is available from September 5, 2026 through June 18, 2027 (start and end dates negotiable). Just a short walk to Salve Regina University and a quick drive to the Newport Naval Base, the property offers both convenience and comfort. Rebuilt in 2009 and fully furnished, the home features a modern kitchen that opens to a spacious living area on the main floor, perfect for everyday living and entertaining. Upstairs, you'll find a primary suite with vaulted ceilings and winter views of the Elms Mansion, along with three additional bedrooms and a full bathroom. Additional highlights include hardwood floors throughout, central A/C, and off-street parking.This exceptional Newport residence offers refined coastal living in an unbeatable location, combining style, comfort, and convenience.
Home Details
Home Type
- Single Family
Year Built
- Built in 2009
Home Design
- Contemporary Architecture
Interior Spaces
- 1,963 Sq Ft Home
- 2-Story Property
- Furnished
- Cathedral Ceiling
- Wood Flooring
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Unassigned Parking
Location
- Property near a hospital
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Property Available on 9/5/26
- Month-to-Month Lease Term
- Assessor Parcel Number 485SPRINGSTNEWP
Community Details
Overview
- No Home Owners Association
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 19, 2021
Closed on
Jul 8, 2021
Sold by
Zap Erica
Bought by
Panozzo Catherine A
Seller's Agent
The Hadfield Group
Hogan Associates Christie's
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$959,000
Sold Price
$960,000
Premium/Discount to List
$1,000
0.1%
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
$434,145
Avg. Annual Appreciation
8.07%
Original Mortgage
$768,000
Outstanding Balance
$690,768
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$703,377
Purchase Details
Listed on
Apr 10, 2015
Closed on
Sep 30, 2015
Sold by
Maradeale Llc
Bought by
Zap Erica
Seller's Agent
Libby Kirwin
Lila Delman Compass
Buyer's Agent
Matt Hadfield
Hogan Associates Christie's
List Price
$698,000
Sold Price
$680,000
Premium/Discount to List
-$18,000
-2.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.15%
Purchase Details
Closed on
Jul 5, 2013
Sold by
Boudreau Derek R and Starr Tiffanie J
Bought by
Maradeale Llc
Purchase Details
Closed on
Apr 15, 2008
Sold by
Bove 3Rd Michael J and Kirwin Lizbeth J
Bought by
Boudreau Derek R and Starr Tiffanie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 5, 2000
Sold by
Champlin James R and Champlin Nancy
Bought by
Bove Michael J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
7.73%
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 |
|---|---|---|---|
| Panozzo Catherine A | $960,000 | None Available | |
| Zap Erica | $680,000 | -- | |
| Maradeale Llc | -- | -- | |
| Boudreau Derek R | $290,000 | -- | |
| Bove Michael J | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Panozzo Catherine A | $768,000 | |
| Previous Owner | Bove Michael J | $215,000 | |
| Previous Owner | Bove Michael J | $231,202 | |
| Previous Owner | Bove Michael J | $123,400 | |
| Previous Owner | Bove Michael J | $118,750 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/29/2026 04/29/26 | Rented | $4,200 | 0.0% | -- | |
| 04/08/2026 04/08/26 | Under Contract | -- | -- | -- | |
| 02/03/2026 02/03/26 | For Rent | $4,200 | -12.5% | -- | |
| 12/08/2023 12/08/23 | Rented | $4,800 | 0.0% | -- | |
| 12/06/2023 12/06/23 | Under Contract | -- | -- | -- | |
| 08/08/2023 08/08/23 | For Rent | $4,800 | +6.7% | -- | |
| 11/18/2022 11/18/22 | Rented | $4,500 | 0.0% | -- | |
| 10/17/2022 10/17/22 | For Rent | $4,500 | +7.1% | -- | |
| 10/17/2022 10/17/22 | Rented | $4,200 | 0.0% | -- | |
| 10/07/2022 10/07/22 | Under Contract | -- | -- | -- | |
| 09/23/2022 09/23/22 | For Rent | $4,200 | 0.0% | -- | |
| 07/08/2021 07/08/21 | Sold | $960,000 | +0.1% | $489 / Sq Ft | View Prior Sale |
| 06/08/2021 06/08/21 | Pending | -- | -- | -- | |
| 04/19/2021 04/19/21 | For Sale | $959,000 | 0.0% | $489 / Sq Ft | |
| 08/09/2020 08/09/20 | Rented | $3,500 | -7.9% | -- | |
| 07/10/2020 07/10/20 | Under Contract | -- | -- | -- | |
| 04/25/2020 04/25/20 | For Rent | $3,800 | 0.0% | -- | |
| 09/30/2015 09/30/15 | Sold | $680,000 | -2.6% | $362 / Sq Ft | View Prior Sale |
| 08/31/2015 08/31/15 | Pending | -- | -- | -- | |
| 04/10/2015 04/10/15 | For Sale | $698,000 | -- | $372 / Sq Ft |
Source: State-Wide MLS
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 | $9,917 | $1,141,300 | $350,900 | $790,400 |
| 2024 | $9,381 | $1,141,300 | $350,900 | $790,400 |
| 2023 | $7,502 | $756,300 | $229,400 | $526,900 |
| 2022 | $7,268 | $756,300 | $229,400 | $526,900 |
| 2021 | $7,056 | $756,300 | $229,400 | $526,900 |
| 2020 | $6,765 | $658,100 | $218,000 | $440,100 |
| 2019 | $6,765 | $658,100 | $218,000 | $440,100 |
| 2018 | $6,574 | $658,100 | $218,000 | $440,100 |
| 2017 | $6,496 | $579,500 | $155,900 | $423,600 |
| 2016 | $6,334 | $579,500 | $155,900 | $423,600 |
| 2015 | $6,183 | $579,500 | $155,900 | $423,600 |
| 2014 | $5,346 | $443,300 | $132,500 | $310,800 |
Source: Public Records
Agents Affiliated with this Home
-
Karin Jackson
-
Meghan Galvin
M
Tenant's Agent in 2026
Meghan Galvin
Serhant New England
(401) 835-2530
1 Total Sale
-
Melanie Fougere
M
Seller's Agent in 2023
Melanie Fougere
Real Broker, LLC
(401) 662-0363
11 Total Sales
-
The Preferred Group
T
Seller Co-Listing Agent in 2023
The Preferred Group
Real Broker, LLC
(401) 741-6931
40 Total Sales
-
Beverly Cloutier
B
Buyer's Agent in 2022
Beverly Cloutier
REMAX Revolution
(401) 265-3703
1 in this area
14 Total Sales
-
The Hadfield Group
T
Seller's Agent in 2021
The Hadfield Group
Hogan Associates Christie's
(401) 207-0083
4 in this area
91 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1404259
APN: NEWP-000035-000000-000068
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 © 2026 State-Wide MLS, Inc. All rights reserved.
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