495 Spring St

3,718 Sq. Ft.
$350 / Sq. Ft.
3,718
Sq. Ft.
$350
per Sq. Ft.

Description

Stunning custom renovation, circa 2015, in the heart of historic Newport. Situated on a double, corner lot, directly across the street from The Elms, this stately colonial provides gorgeous attention-to-detail finishes from the mahogany front door, to the custom millwork throughout the home. True four inch oak flooring, Andersen 400 series windows, Hardie Board clapboard and Azek trim and decking, stamped six car brick driveway, Navien on-demand heating system, and closed cell insulation are just...Stunning custom renovation, circa 2015, in the heart of historic Newport. Situated on a double, corner lot, directly across the street from The Elms, this stately colonial provides gorgeous attention-to-detail finishes from the mahogany front door, to the custom millwork throughout the home. True four inch oak flooring, Andersen 400 series windows, Hardie Board clapboard and Azek trim and decking, stamped six car brick driveway, Navien on-demand heating system, and closed cell insulation are just some of the finished features to this charming home. Currently a two family residence, offering a first floor one bed, one bath open concept living, chefs kitchen, with beautiful stone bath, plenty of storage, private back entrance and laundry in unit. Step upstairs to townhouse "owner's unit" offering sun-drenched space, gorgeous kitchen with breakfast bar, open to family room and expansive back deck overlooking a beautiful backyard with perennial gardens and brick terrace. On the second floor, two beds and bath with radiant heated marble floor appoint this level with vaulted ceilings and tons of sunlight. Tenants in place through May and June. With one block west Bellevue Avenue, and east of Thames Street, shops, restaurants, galleries, and Newport Harbor await you!
  1. Listed by Dina Karousos/Nicole Lucenti • Brokerage DRE #REB.0013814 • Gustave White Sotheby's Realty
    P: (401)-451-6461 dkarousos@gustavewhite.com
  2. Listed by Dina Karousos/Nicole Lucenti • Gustave White Sotheby's Realty
    P: (401)-451-6461 C: (401)-451-6461 dkarousos@gustavewhite.com

Property Details for 495 Spring Street

Subdivision Name
Yachting Village-The Elms
LISTING CLOSED: 04/21/2021 12:00 AM

Property Details for 495 Spring Street

StatusClosed
MLS #1274139
Days on Market76
Taxes$5,314 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1900
Lot Size0.14 AC / 6,098 SF
CountyNewport County

Location

Listing Courtesy of Gustave White Sotheby's Realty

Sold By KELLER WILLIAMS RLTY NEWPORT

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Building Information for 495 Spring Street

Stories3Residences2Year Built1900Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$7,051 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,608

Property Taxes

$443

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 495 Spring Street

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Courts, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 6884
  • State Or Province: RI
  • Zoning: R10
  • Human Modified Y N: No
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 6
Taxes and HOA Information
  • Tax Annual Amount: $5,314.00
  • Tax Assessed Value: 516900
  • Tax Lot: 72
  • Tax Year: 2020
Property
Lot Information
  • Above Grade Fin SQFT: 3718.0
  • Building Area Total: 3718.0
  • Living Area Source: Public Records
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 6098.0
  • Lot Size Square Feet: 6098.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Parcel Number: 495SPRINGSTNEWP
  • Stories Total: 3
Property and Assessments
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 2
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1900
  • C L I P: 5,828,890,983
Utilities
  • Electric: Amps200Or More
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Deck, Porch, Patio
  • Fencing: Fenced
  • Foundation Details: Combination, Concrete Perimeter, Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Basement: Full, Unfinished, Walk Out Access
  • Basement Y N: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 3
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Heating: Forced Air, Gas, Radiant
  • Heating Y N: Yes
  • Interior Features: Bathtub, Cathedral Ceilings, Skylights, Stall Shower, Tub Shower, Cable Tv
  • Laundry Features: In Unit
  • Patio And Porch Features: Deck, Patio, Porch
  • Rooms Total: 9
  • Window Features: Skylights, Thermal Windows
Multi Family
Income & Expenses Information
  • Operating Expense: $1,000.00
Unit 1 Information
  • Actual Rent: $3,000.00
  • Description: townhouse
  • Unit Type Area: 1625.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 2 Information
  • Actual Rent: $1,500.00
  • Description: single level
  • Unit Type Area: 900.0
  • Baths Total: 1
  • Beds Total: 1
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 495 Spring Street

DateEvent & SourcePriceAppreciation
Apr 21, 2021

Sold

Rhode Island Association of REALTORS® #1274139

$1,300,000
Apr 20, 2021

Permanently Off Market

Rhode Island Association of REALTORS® #1274073

Apr 13, 2021

Contract Signed

Rhode Island Association of REALTORS® #1274139

DateEvent & SourcePrice
04/21/2021

Sold

Rhode Island Association of REALTORS® #1274139

$1,300,000
04/20/2021

Permanently Off Market

Rhode Island Association of REALTORS® #1274073

04/13/2021

Contract Signed

Rhode Island Association of REALTORS® #1274139

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

Public Records for 495 Spring Street

Taxable ValueLand$449,700Additions$592,400Total$1,042,100
Tax Record2025$9,055 ($755 / month)
Home Facts
Baths3Total Finished SqFt1,831 SqFtAbove Grade Finished SqFt1,831 SqFtStories2Lot Size5,946 SqFtStyleDuplexYear Built1900Year Renovated2002ZoningR10CountyNEWPORTAPNNEWP M:035 B:0072

Schools near 495 Spring Street

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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Listing Courtesy of Gustave White Sotheby's Realty

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.