Off Market Sep 2000 for $250K

$1,502,504

•

2,866

sq ft

388 Spring St, Newport, RI 02840

About this home

Multi-familyProperty Type

1900Year Built

5,026 sq ftLot Size

$524Est. Price/Sq.Ft.

2 car garageParking

Listed by Stephanie Guinan • RE/MAX Profnl. Newport, Inc.

Bought with Joseph Fitzpatrick • Americas Real Estate Assoc.

Redfin checked: 2 minutes ago

•Source:RIS #012278

Redfin Estimate

$1,502,504

$1.3M since sold in September 2000$82K since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 0.4% higher than the average sale price ($1.50M) of 6 comparable homes.

SOLD MAR 3, 2026
$1,350,000
A
6 beds3 baths2,613 sq ft
27 Dean Ave, Newport, RI 02840
SOLD DEC 30, 2025
$1,410,000
B
6 beds3 baths2,828 sq ft
28 Young St, Newport, RI 02840
SOLD JUL 1, 2026
$1,700,000
C
4 beds3.5 baths2,187 sq ft
4 Atlantic St, Newport, RI 02840
SOLD JUN 3, 2026
$1,300,000
D
4 beds3.5 baths2,186 sq ft
60 Prospect Hill St, Newport, RI 02840
SOLD APR 17, 2026
$1,705,000
E
4 beds3.5 baths2,440 sq ft
17 Old Beach Rd, Newport, RI 02840
SOLD DEC 23, 2025
$1,515,000
F
5 beds4 baths2,448 sq ft
13 Dean Ave, Newport, RI 02840

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Earn from this home

Sell

$1,371,176

Est. take-home

List your home with Redfin and save $15,025

Market trends in 02840, RI

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.0%

+0.4% MoM

Median sale price

$969K

$37K MoM

Avg. days on market

36d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

NEW 1 HR AGO
$899,000
2 beds1.5 baths1,015 sq ft
19 1/2 Third St, Newport, RI 02840
NEW 21 HRS AGO
$3,500
1 bed2 baths750 sq ft
65 Ridge Rd, Newport, RI 02840
$699,000
3 beds2 baths906 sq ft
85 Mill St #2, Newport, RI 02840
$425,000
1 bed1 bath869 sq ft
85 Mill St #3, Newport, RI 02840
$995,000
4 beds2 baths2,260 sq ft
7 8 Warner Pl, Newport, RI 02840
COMING SOON
$4,950,000
4 beds4 baths3,529 sq ft
119 Spring St, Newport, RI 02840
OPEN SUN, 11AM TO 12:30PM
$1,475,000
3 beds2.5 baths1,743 sq ft
72 Third St, Newport, RI 02840
$1,299,000
6 beds4 baths2,596 sq ft
31 Prescott Hall Rd, Newport, RI 02840
$1,200,000
4 beds2 baths1,305 sq ft
31 Slocum St, Newport, RI 02840
OPEN SUN, 11AM TO 12:30PM
$1,050,000
2 beds1 bath1,200 sq ft
453 Bellevue Ave Unit CH, Newport, RI 02840
See all

Provided by Redfin

Sale history for 388 Spring St

Date

Event

Price

RIS #012278

Sep 21, 2000

Sold

$250,000

$87/sq ft

Aug 15, 2000

Listing Removed

—

Aug 8, 2000

Listed

$250,000

$87/sq ft

RIS #722578

Mar 13, 1998

Sold

$173,000

$60/sq ft

Mar 2, 1998

Listing Removed

—

Dec 23, 1997

Listed

$179,876

$63/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$9,965 (+5.7%)

$423,900 + $722,900

$1,146,800

2024

$9,427 (+31.5%)

$423,900 + $722,900

$1,146,800

2023

$7,170 (+3.2%)

$277,100 + $445,700

$722,800

2022

$6,946 (+3.0%)

$277,100 + $445,700

$722,800

2021

$6,744 (+24.0%)

$277,100 + $445,700

$722,800

2020

$5,438

$223,800 + $305,200

$529,000

2019

$5,438 (+2.9%)

$223,800 + $305,200

$529,000

2018

$5,285 (−2.0%)

$223,800 + $305,200

$529,000

2017

$5,393 (+2.6%)

$160,200 + $320,900

$481,100

2016

$5,258 (+2.4%)

$160,200 + $320,900

$481,100

2015

$5,133 (+11.4%)

$160,200 + $320,900

$481,100

2014

$4,607 (+3.0%)

$136,100 + $245,900

$382,000

2013

$4,473 (+3.1%)

$136,100 + $245,900

$382,000

2012

$4,340

$136,100 + $245,900

$382,000

Tax history for 388 Spring St

Year

Property tax

Land + Additions

Assessment*

2025

$9,965 (+5.7%)

$423,900 + $722,900

$1,146,800

2024

$9,427 (+31.5%)

$423,900 + $722,900

$1,146,800

2023

$7,170 (+3.2%)

$277,100 + $445,700

$722,800

2022

$6,946 (+3.0%)

$277,100 + $445,700

$722,800

2021

$6,744 (+24.0%)

$277,100 + $445,700

$722,800

2020

$5,438

$223,800 + $305,200

$529,000

2019

$5,438 (+2.9%)

$223,800 + $305,200

$529,000

2018

$5,285 (−2.0%)

$223,800 + $305,200

$529,000

2017

$5,393 (+2.6%)

$160,200 + $320,900

$481,100

2016

$5,258 (+2.4%)

$160,200 + $320,900

$481,100

2015

$5,133 (+11.4%)

$160,200 + $320,900

$481,100

2014

$4,607 (+3.0%)

$136,100 + $245,900

$382,000

2013

$4,473 (+3.1%)

$136,100 + $245,900

$382,000

2012

$4,340

$136,100 + $245,900

$382,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

5,227 Sq. Ft.

Year renovated

1992

Sq. Ft.

3,492

Year built

1890

Style

Multi-Family (2-4 Unit)

County

Newport County

APN

93236

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 22, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
# of Garage Spaces: 2

Parking
Features: Detached, Garage
# of Parking (Total): 6
# of Covered Spaces: 2

Interior

Bathroom Information
# of Full Bathrooms: 3

Room Information
# of Rooms (Total): 12
Has Basement
Basement Information: Full, Walk-Out Access

Laundry Information
Features: In Unit

Equipment
Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer

Interior Features
Flooring: Hardwood, Vinyl

Multi Unit Information
# Of Units Total: 2
# Of Buildings: 2

Exterior

Building Information
Stories (Total): 3
Construction Details: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding

Lot Information
Lot Size Area: 5,026
Lot Size Acres: 0.1154
Waterfront Features: Water Access, Waterfront, Walk to Water
Zoning: R10

Property Information
Above Grade Finished Area: 2,866

Financial

Assessments and Fees
Assessed Value: $150,000

Tax Information
Annual Tax Amount: $3,585
Tax Year: 1999

Utilities

Utility Information
Utilities: Sewer Connected
Electric: Circuit Breakers
Sewer: Connected
Water Source: Connected

Heating & Cooling
Has Heating
Heating: Hot Water, Oil

Location

Community Information
Community Features: Marina, Near Schools, Public Transportation, Shopping, Sidewalks

Public facts

Beds: 5
Baths: 4.0
Sq. Ft.: 3,492
Stories: 3.0
Lot Size: 5,227 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1890
Year Renovated: 1992
County: Newport County
APN: 93236

Home facts updated by county records on Jun 22, 2026

Around this home

Schools

Frank E. Thompson Middle School

Public 5-8 • Assigned • 0.8mi

3/10

Rogers High School

Public 9-12 • Assigned • 0.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

6/10 Heat Factor

7 days above 90° expected this year, 17 days in 30 years

8/10 Wind Factor

80% chance of strong winds in next 30 years

2/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Newport, RI • 02840

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.6 hours in December, which is comparable to the U.S. average for solar exposure.

9 hrs

4.6 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$1.43M – $1.73M

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New listings for sale in 02840

NEW 1 HR AGO

$899,000

2 beds1.5 baths1,015 sq ft

19 1/2 Third St, Newport, RI 02840

NEW 21 HRS AGO

$3,500

1 bed2 baths750 sq ft

65 Ridge Rd, Newport, RI 02840

$699,000

3 beds2 baths906 sq ft

85 Mill St #2, Newport, RI 02840

$425,000

1 bed1 bath869 sq ft

85 Mill St #3, Newport, RI 02840

$995,000

4 beds2 baths2,260 sq ft

7 8 Warner Pl, Newport, RI 02840

COMING SOON

$4,950,000

4 beds4 baths3,529 sq ft

119 Spring St, Newport, RI 02840

OPEN SUN, 11AM TO 12:30PM

$1,475,000

3 beds2.5 baths1,743 sq ft

72 Third St, Newport, RI 02840

$1,299,000

6 beds4 baths2,596 sq ft

31 Prescott Hall Rd, Newport, RI 02840

$1,200,000

4 beds2 baths1,305 sq ft

31 Slocum St, Newport, RI 02840

Home values near 388 Spring St

Data from public records.

Address	Redfin Estimate
379 Spring Street, Newport, RI 3 Beds \| 3.5 Baths \| 2080 Sq. Ft.	$1,902,896
387 Spring Street, Newport, RI 3 Beds \| 2.5 Baths \| 2764 Sq. Ft.	$1,769,007

Address	Redfin Estimate
395 Spring Street, Newport, RI 3 Beds \| 3 Baths \| 1874 Sq. Ft.	$1,507,320
371 Spring Street, Newport, RI 2 Beds \| 1.5 Baths \| 1781 Sq. Ft.	$1,140,892

Address	Redfin Estimate
382 Spring Street, Newport, RI 8 Beds \| 3.5 Baths \| 3256 Sq. Ft.	$1,817,739
392 Spring Street, Newport, RI 4 Beds \| 1 Baths \| 2062 Sq. Ft.	$844,359

Property information provided by RIS when last listed in 2000. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 02840, RI

Sale history for 388 Spring St

Tax history for 388 Spring St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 02840

Home values near 388 Spring St

More real estate resources