Sold
Last Sold Price
1 bed785 sqft

402 Spring St, Unit 3, Newport, RI 02840

CondoProperty Type
1870Year Built
$582/sq ftPrice per sq ft
$244/moHOA Fees

Description

Terrific in-town Condo that offers beautiful harbor views inside and out! Delightful private deck overlooking the town sea scape and magnificent sunsets! Nice open living space with beautiful pine floors, vaulted ceiling, exposed rafters, and exposed brick chimney that add a touch of architectural character. The space is perfect for multi-use entertainment, office, and dining area. The kitchen has plenty of cabinets, granite counters, and breakfast bar. Nice bath with marble floors, tiled shower,...Terrific in-town Condo that offers beautiful harbor views inside and out! Delightful private deck overlooking the town sea scape and magnificent sunsets! Nice open living space with beautiful pine floors, vaulted ceiling, exposed rafters, and exposed brick chimney that add a touch of architectural character. The space is perfect for multi-use entertainment, office, and dining area. The kitchen has plenty of cabinets, granite counters, and breakfast bar. Nice bath with marble floors, tiled shower, and plenty of natural light. Multiple eaves storage closets throughout. The third floor entry landing has space for beach and outerwear gear. Laundry is basement level. 100% walk score to restaurants, shops, parks, and waterfront!
  • Listed by: Holly McLear 401.855.0485 Hollymclear@gmail.com Brokerage DRE #REB.0016969 • Hogan Associates
Listing closed: 07/09/2021 12:00 AM • Source: Rhode Island Association of REALTORS®, MLS#: 1282526
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Recent comparable sales

Median sold price

$505,000

Avg days on market

45

Sale-to-list ratio

94.3%

Newport, RI

9 comparable properties found

$440,000 | 401 Bellevue Avenue, Unit 214, Newport, RI 02840
1/45
1

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1
Bedrooms
820
Square Feet
Unavailable
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$505,000 | 8 Cottage Street, Unit 1, Newport, RI 02840
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780
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Unavailable
Acres
$525,000 | 97 Narragansett Avenue, Unit M5, Newport, RI 02840
1/41
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865
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Unavailable
Acres
$475,000 | 32 School Street, Unit 2, Newport, RI 02840
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672
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Unavailable
Acres
$462,500 | 364 Bellevue Avenue, Unit A1, Newport, RI 02840
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Unavailable
Acres
$540,000 | 36 Kay Street, Unit 1, Newport, RI 02840
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$540,000

Sold 01/28/25

1
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756
Square Feet
Unavailable
Acres
$435,000 | 364 Bellevue Avenue, Unit D3, Newport, RI 02840
1/34
7

$435,000

Sold 11/06/25

1
Bedrooms
667
Square Feet
Unavailable
Acres
$549,000 | 20 Berkeley Avenue, Unit 4, Newport, RI 02840
1/38
8

$549,000

Sold 07/02/25

1
Bedrooms
862
Square Feet
Unavailable
Acres
$542,000 | 360 Gibbs Avenue, Unit 6, Newport, RI 02840
1/30
9

$542,000

Sold 05/09/25

1
Bedrooms
788
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Hogan Associates

Sold By Anytime Realty

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$2,917 per month

30 year fixed, 7.03% Interest

Principal and Interest

$2,437

Property Taxes

$236

HOA Dues

$244

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Property Information for 402 Spring Street, Unit 3

Property Details

  • Pet Policy: Allowed
  • Taxes: $2,832 / year
  • MLS Type: Residential / Condominium
  • Subdivision Name: Yachting Village
  • Building Name: 402 Spring St Condominium
  • Waterfront Features: Walk To Water
  • View: Saltwater, Water
  • Pets Allowed: Yes

Building Information

  • Building/Complex: 402 Spring St Condominium
  • Floor: 3
  • Stories: 3
  • Residences: 3
  • Pet Policy: Allowed
  • Pet Policy Details: Yes
  • Year Built: 1870

Summary

Location and General Information
  • City: Newport
  • Community Features: Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 6879
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: R10
  • Human Modified Y N: No
Location and General Infromation
  • Complex Name: 402 Spring St Condominium
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage, Unassigned
  • Parking Total: 0
Taxes and HOA Information
  • Association Fee: $243.79
  • Association Fee Frequency: Monthly
  • Tax Annual Amount: $2,832.16
  • Tax Assessed Value: 299100
  • Tax Lot: 261
  • Tax Year: 2020

Property

Lot Information
  • Above Grade Fin SQFT: 785.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 785.0
  • Frontage Length: 50
  • Living Area: 785.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Lot Size Units: Square Feet
  • Parcel Number: 402SPRINGST3NEWP
  • Stories: 3
  • Stories Total: 3
  • Property Sub Type Additional: Condominium
Property and Assessments
  • Buyer Financing: Conventional
  • Entry Level: 3
  • Entry Location: Third Floor or higher Access
  • New Construction Y N: No
  • Number Of Units In Community: 3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1870
  • C L I P: 5,407,493,522
Utilities
  • Electric: Amps100
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected

Interior and Exterior Features

Exterior Features
  • Exterior Features: Deck
  • Foundation Details: Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1
  • Cooling: One Unit
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Marble, Wood
  • Heating: Gas, Hot Water
  • Heating Y N: Yes
  • Interior Features: Cathedral Ceilings, Skylights, Stall Shower
  • Laundry Features: Common Area
  • Levels: One, Three Or More
  • Patio And Porch Features: Deck
  • Rooms Total: 3
  • Window Features: Skylights
Room 1
  • Room Type 1: Laundry
  • Room Level 1: Lower
Room 2
  • Room Type 2: Bedroom 1
  • Room Level 2: Third
Room 3
  • Room Type 3: Kitchen
  • Room Features 3: Eat In Kitchen
  • Room Level 3: Third
Room 4
  • Room Type 4: Living Room
  • Room Level 4: Third
Room 30
  • Room List: Laundry, Bedroom 1, Kitchen, Living Room

Rental

Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 402 Spring Street, Unit 3

DateEvent & SourcePriceAppreciation
Jul 9, 2021

Sold (Public Record)

Public Record #1466181185

$456,500

+3.3% / yr

Jul 9, 2021

Sold

Rhode Island Association of REALTORS® #1282526

$456,500—
Jun 26, 2021

Contract Signed

Rhode Island Association of REALTORS® #1282526

—
DateEvent & SourcePrice
07/09/2021

Sold (Public Record)

Public Record #1466181185

$456,500

+3.3% / yr

07/09/2021

Sold

Rhode Island Association of REALTORS® #1282526

$456,500
06/26/2021

Contract Signed

Rhode Island Association of REALTORS® #1282526

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 402 Spring Street, Unit 3

Taxable Value

Land

-

Additions

$430,300
Total-

Tax Record

2025

$3,739 ($312 / month)

Home Facts

Beds

1

Baths

1

Total Finished SqFt

785 SqFt

Above Grade Finished SqFt

785 SqFt

Stories

1

Style

Condominium

Year Built

1870

Year Renovated

1992

Zoning

R10

County

NEWPORT

APN

NEWP M:032 B:0261 L:3

Schools near 402 Spring Street, Unit 3

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Pell Elementary School
PublicPK to 4

Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 402 Spring Street, Unit 3, Newport, RI 02840
$456,500
1
785
–
$224,500
1
837
–
$320,000
1
1,026
–
$130,000
–
3
3,145
6,059
$130,000
6
3,500
6,060
$700,000
2
4.5
4,009
6,948

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Hogan Associates

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.