523 Spring St
Newport, RI 02840
3 bd 3 ba 1,974 sqft Built 1876 Lot 3,851 sqft single_family
Most recent sale
$650,000
Dec 3, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Dec 3, 2021 | Sold | $650,000 | MLS #1285758 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $562,500 | $462,200 | $1,024,700 | $8,904 |
| 2023 | $373,700 | $304,200 | $677,900 | $6,725 |
| 2022 | $373,700 | $304,200 | $677,900 | $6,515 |
| 2021 | $373,700 | $304,200 | $677,900 | $6,325 |
| 2020 | $267,100 | $282,800 | $549,900 | $5,653 |
| 2019 | $267,100 | $282,800 | $549,900 | $5,653 |
| 2018 | $267,100 | $282,800 | $549,900 | $5,494 |
| 2017 | $247,900 | $217,500 | $465,400 | $5,217 |
| 2016 | $247,900 | $217,500 | $465,400 | $5,087 |
| 2015 | $247,900 | $217,500 | $465,400 | $4,966 |
| 2014 | $238,400 | $170,000 | $408,400 | $4,925 |
| 2013 | $238,400 | $170,000 | $408,400 | $4,782 |
| 2006 | $288,100 | $245,800 | $533,900 | $4,282 |
Property facts
Year built
1876
Property type
single_family
Stories
—
Beds
3
Baths
3
Living area
1,974 sqft
Lot size
3,851 sqft
ZIP code
02840
City
Newport
Street
Spring St
Coordinates
41.47541, -71.31111
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,961
Gross rental yield
5.47%
Implied cap rate
3.55%
Trend-extrapolated value
—
Frequently asked questions
When did 523 Spring St last sell?
523 Spring St most recently sold on Dec 3, 2021 for $650,000.
What is the current tax assessment for 523 Spring St?
The most recent total assessment for 523 Spring St (year 2025) is $1,024,700 with $8,904 in property tax.
How does 523 Spring St's assessment compare to its last sale price?
The current assessment is 57.6% above the last sale price of $650,000.
When was 523 Spring St built?
523 Spring St was built in 1876.
How does 523 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 523 Spring St?
523 Spring St is a 3 bed, 3 bath, 1,974 sqft, 3,851 sqft lot single_family.
Is 523 Spring St a flip candidate?
No — 523 Spring St does not appear in our flips dataset.
Is 523 Spring St a tax-appeal candidate?
No — 523 Spring St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$1.12M
2026 Q4
$1.07M
ZIP 02840 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Spring St