This home's estimate is 15.9% higher than the average sale price ($1.50M) of 6 comparable homes.
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- Sale & tax history
- Property details
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- Climate
487 Spring St, Newport, RI 02840
About this home
THREE FAMILY IN NEWPORT'S FIFTH WARD. PARKING, YARD, DECKS, FABULOUS WATERVIEW. ANNUAL INCOME $50,000. TENANTS PAY ALL UTILITIES IN THE WINTER. ALL UNITS LEASED THROUGH MAY, 20 2003.
Redfin Estimate
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Market trends in 02840, RI
Last updated August 2026
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Sale history for 487 Spring St
$477/sq ft
$515/sq ft
$477/sq ft
$515/sq ft
$154/sq ft
$154/sq ft
$125/sq ft
$125/sq ft
$84/sq ft
Tax history for 487 Spring St
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Parking
- Parking
- Features: No Garage
- # of Parking (Total): 2
Interior
- Bathroom Information
- # of Full Bathrooms: 4
- Room Information
- # of Rooms (Total): 14
- Has Basement
- Basement Information: Full
- Laundry Information
- Features: Common Area
- Equipment
- Appliances: Gas Water Heater, Oven, Range, Refrigerator
- Interior Features
- Flooring: Hardwood
- Multi Unit Information
- # Of Units Total: 3
- # Of Buildings: 1
Exterior
- Building Information
- Stories (Total): 4
- Construction Details: Drywall, Plaster, Brick, Shingle Siding
- Lot Information
- Lot Size Area: 2,451
- Lot Size Acres: 0.0563
- Frontage Length: 40
- Zoning: RIO
- Property Information
- Has View
- Above Grade Finished Area: 2,915
Financial
- Assessments and Fees
- Assessed Value: $162,900
- Tax Information
- Annual Tax Amount: $3,893
- Tax Year: 1999
Utilities
- Utility Information
- Utilities: Sewer Connected
- Electric: Circuit Breakers
- Sewer: Connected
- Water Source: Connected
- Heating & Cooling
- Has Heating
- Heating: Gas, Hot Water
Location
- Community Information
- Community Features: Public Transportation, Shopping
Public facts
- Beds: 5
- Baths: 3.5
- Sq. Ft.: 2,188
- Stories: 3.0
- Lot Size: 2,614 square feet
- Style: Multi-Family (2-4 Unit)
- Year Built: 1900
- Year Renovated: 1997
- County: Newport County
- APN: 363805
Around this home
Schools
Public 5-8 • Assigned • 1.0mi
Public 9-12 • Assigned • 0.8mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 90° expected this year, 17 days in 30 years
80% chance of strong winds in next 30 years
2 unhealthy days expected this year, 2 days in 30 years
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.
Nearby similar homes
New listings for sale in 02840
Home values near 487 Spring St
| Address | Redfin Estimate |
|---|---|
3 Beds | 3 Baths | 3718 Sq. Ft. | $1,707,555 |
2 Beds | 2 Baths | 1676 Sq. Ft. | $964,153 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 3 Baths | 1963 Sq. Ft. | $1,605,867 |
4 Beds | 2.5 Baths | 1518 Sq. Ft. | $959,650 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2.5 Baths | 2669 Sq. Ft. | $1,878,948 |
4 Beds | 3.5 Baths | 3363 Sq. Ft. | $2,070,364 |
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