NOT LISTED FOR SALE

487 Spring St Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,226,000 - $1,730,314

3 Beds
2.5 Baths
2,450 Sq Ft
$608/Sq Ft Est. Value

Highlights

  • Contemporary Architecture
  • No HOA
  • Walking Distance to Water

About This Home

As of July 2016

Enjoy incredible, unobstructed harbor views from an oversized deck and enjoy epic sunsets and a view of the Newport Bridge + gardens of the elegant Elm's mansion from this beautifully renovated tri-level townhouse in downtown Newport.

Last Agent to Rent the Property

Rebecca King

Gustave White Sotheby's Realty License #RES.0035659 Listed on: 05/27/2016

Gustave White Sotheby's Realty

Last Renter's Agent

Tammy Bass

Serhant Rhode Island License #RES.0040116

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 2,451

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 2,450 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Additional Features

  • Walking Distance to Water
  • 2,451 Sq Ft Lot

Community Details

  • No Home Owners Association
  • Yachting Village Subdivision

Listing and Financial Details

  • Property Available on 9/1/16
  • 12 Month Lease Term
  • Assessor Parcel Number 487SPRINGSTNEWP

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2016-09-01

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.0563
  • Subdivision Name: Yachting Village
  • Above Grade Finished Sq Ft: 2450.0
  • Architectural Style: Contemporary
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 4
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2450.0
  • Stories: 4
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Condo/Co-op/Association

  • Senior Community: No
  • HOA Rent Includes: Laundry Facilities, Parking, Trash Collection
  • Association: No
  • Pets Allowed: Call, No, Negotiable

Lot Info

  • Lot Size Sq Ft: 2451.0
  • Parcel #: 487SPRINGSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 6098.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2002
Sold by
Battles Michael J and Battles Jacqueline
Bought by
Bloodwell Daniel
Current Estimated Value
$1,488,829

Purchase Details

Closed on
Jun 1, 1999
Sold by
Grubb Peter J
Bought by
Portley Timothy J

Purchase Details

Closed on
Nov 25, 1992
Sold by
Dupre David J and Dupre Cynthia
Bought by
Grubb Peter J
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bloodwell Daniel $449,000 --
Portley Timothy J $245,000 --
Grubb Peter J $177,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grubb Peter J $500,000
Closed Grubb Peter J $344,000
Closed Grubb Peter J $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Rented $3,500 0.0% --
06/12/2016 06/12/16 Under Contract -- -- --
05/27/2016 05/27/16 For Rent $3,500 -- --
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $10,517 $1,210,400 $351,500 $858,900
2024 $9,949 $1,210,400 $351,500 $858,900
2023 $7,637 $769,900 $229,800 $540,100
2022 $7,399 $769,900 $229,800 $540,100
2021 $7,183 $769,900 $229,800 $540,100
2020 $7,109 $691,500 $218,000 $473,500
2019 $7,109 $691,500 $218,000 $473,500
2018 $6,908 $691,500 $218,000 $473,500
2017 $6,407 $571,500 $155,900 $415,600
2016 $6,246 $571,500 $155,900 $415,600
2015 $6,098 $571,500 $155,900 $415,600
2014 $5,738 $475,800 $132,500 $343,300
Source: Public Records

Agents Affiliated with this Home

  • Rebecca King

    Landlord's Agent in 2016

    Rebecca King

    Gustave White Sotheby's Realty

    (401) 808-9334

    8 in this area

    63 Total Sales

    Rebecca King
    Section Image
  • Tammy Bass

    Tenant's Agent in 2016

    Tammy Bass

    Serhant Rhode Island

    (401) 430-0856

    6 in this area

    215 Total Sales

    Tammy Bass
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1127223

State-Wide MLS

APN: NEWP-000035-000000-000069

Rhode Island Newport County Newport 02840 Fifth Ward

487 Spring St, Newport, RI

This home is located at 487 Spring St, Newport, RI 02840 since 27 May 2016 and is currently priced at $1,488,829. This property was built in 1900. 487 Spring St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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