123 Spring St, Newport, RI 02840 Property Records

Newport City property record for 123 Spring St, Newport, RI 02840

Property Summary

Property Type	Commercial Building, Warehouse, Showroom
Details	9 bd · 9 ba · 4,245 sqft · built 1880
Lot Size	0.098 acres (4,269 sqft)
Owner	Company Name on Record
Last Sale	$1,455,000 (Feb 2018)
Tax Bill	$19,394 (2025)
Deeds & Mortgages	Dec 2018 Transfer Feb 2018 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`R04581`

Property Details

APN / Parcel Number

Primary APN	`R04581`
Alternative APN	`NEWP M:024 B:0142`

Interior

Bedrooms	9 Beds
Full Baths	9 Baths
Total Rooms	15 Rooms
Units	10 Units
Stories	3 Stories
Building Area	4,245 sqft Total Area
Gross Area	6,382 sqft

Exterior

Year Built	Built 1880
Effective Year Built	Effective 1992
Exterior Material	Wood Siding
Construction Type	Frame
Roof Type	Mansard
Roof Material	Asphalt
Lot Area	4,269 sqft (0.098 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Steam
Heating Fuel	Gas

Location & Zoning

Account Number	R04581
Street Address	123 SPRING ST
City	NEWPORT
State	RI
Zip	02840-6805
Property Category	Commercial
Property Type	Commercial > Retail > Commercial Building, Warehouse, Showroom
Local Zoning Code	GB
Legal Block	142
Jurisdiction	NEWPORT RI
Township / Civil Division	NEWPORT
Census Block Group	1
Census Block	1013
Census Tract	41000

Historic Designation

Source: NPS National Register of Historic Places, as of August 1, 2026

Historic District	Within the Newport Historic District (Additional Documentation) listed 1968 · 392 contributing resources · National Historic Landmark (designated 1968) · NRIS 68000001

Federal listing alone does not restrict alterations; local historic district rules, which this data does not cover, may apply.

Owner

Source: Newport City records, as of June 22, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Company Name on Record
Mailing Address	543 THAMES ST, NEWPORT, RI 02840-6709
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Dec 28, 2018	Quit Claim Deed, Transfer Quitclaim
Feb 5, 2018	Warranty Deed, Transfer SAVINGS INSTITUTE

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Feb 5, 2018 · Amount on Record
Deed Sale	Feb 5, 2018 · Amount on Record
Prior Sale	May 30, 2000 · Amount on Record
Deed Document Number	2018115582
Deed Book / Page	2725 / 110
Record Updated	Oct 29, 2026

December 2018: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	NEWPORT RI
Recording Date	Dec 28, 2018
Property Address	123 SPRING ST, NEWPORT, RI 02840-6805
Document Number	2784-1
Book / Page	002784 / 000001
Instrument Date	Dec 28, 2018
Instrument	120454
Transaction Type	Transfer
Record Updated	Jan 15, 2019

Transaction

Tax	$0.00
Additional	Quitclaim Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	543 THAMES ST NEWPORT RI 028406709, NEWPORT, RI 02840-6709

February 2018: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	NEWPORT RI
Recording Date	Feb 5, 2018
Property Address	123 SPRING ST, NEWPORT, RI 02840-6805
Document Number	2725-110
Book / Page	002725 / 000110
Instrument Date	Feb 5, 2018
Instrument	115582
Transaction Type	Transfer
Record Updated	Feb 28, 2018

Transaction

Amount	Amount Recorded
Loan-to-Value (LTV)	LTV on Record
Tax	$1,455.00
Amount Accuracy	Confirmed
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	543 THAMES ST NEWPORT RI 028406709, NEWPORT, RI 02840-6709

Mortgage

Document Number	2725-112
Date	Feb 5, 2018
Book Page	002725/000112
Instrument	115583

Lender

Name	SAVINGS INSTITUTE
Type	Federal Savings Bank

Agreement

Amount	Amount Recorded

Tax Assessment & Valuation

Source: Newport City assessment roll, as of June 22, 2026

Property Jurisdictions

Type	Name
State	Rhode Island
Municipality	Newport City
Unified School District	Newport School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2025	$19,394.00 (+7.16%)	$1,800,700 (+48.05%) Land $402,500 Building $1,398,200
2023	$18,099.00 (+3.26%)	$1,216,300 (-) Land $263,100 Building $953,200
2022	$17,527.00	$1,216,300 Land $263,100 Building $953,200

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective December 26, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on Record median of 69 individual policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	200 units insured incl. 131 condo units
Nearby Flood Claims	59 (1978–2024)
Claims Outside the SFHA	1 of 59
Most Recent Claim	May 2024 · rainfall accumulation
Claims by Event	Hurricane Sandy, Oct 2012 · 13 claims Severe Storms And Inland And Coastal Flooding, Apr 2007 · 2 claims Hurricane Bob, Aug 1991 · 8 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	NEWPORT-CITY OF serves 42,155 people · EPA ID RI1592010
Water Source	Surface water
Last State Inspection	Oct 2022
Lead	4 ppb (2025–2027) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	4 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 695 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Cox Communications Fiber · Cable in parts of the area	1,000 / 35
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
AT&T Fixed Wireless	100 / 20

May also be available: T-Mobile.

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