Landlord's Agent in 2024
Karin Jackson
Lila Delman Compass
(401) 338-3771
8 in this area
162 Total Sales
16 Thames St Newport, RI 02840
Estimated Value: $720,968 - $809,000
2
Beds
1
Bath
749
Sq Ft
$1,012/Sq Ft
Est. Value
Highlights
- Marina
- Cathedral Ceiling
- Furnished
- Golf Course Community
- Wood Flooring
- 4-minute walk to Cardines Field
About This Home
As of February 2024Furnished rental from August, 2024- June 2025 in a quaint single family home right in the historic heart of downtown Newport. The property is a professionally maintained 2 bedroom, 1 bath home with exposed wood beams and wide plank floors and laundry. The fenced-in property has low maintenance garden beds and a patio with a gate that leads to William Ellery Park. There is a full basement for storage. Just a few blocks to Washington Square and downtown, walk to the waterfront, restaurants and and all that Newport has to offer while also providing easy access to the Newport Bridge and Navy Base. No smoking. Street parking only. Rent includes cold water/sewer and laundry facilities. Good credit and references needed. Renter's insurance is required. Small dogs considered. (Yearly leases will be considered)
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,588
Year Built
- Built in 1830
Lot Details
- 1,742 Sq Ft Lot
- Fenced
Parking
- No Garage
Home Design
- Cottage
- Clapboard
Interior Spaces
- 749 Sq Ft Home
- 1-Story Property
- Furnished
- Cathedral Ceiling
- Skylights
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- Interior Basement Entry
Outdoor Features
- Walking Distance to Water
- Patio
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Heating System Uses Gas
- Electric Water Heater
Listing and Financial Details
- Property Available on 8/1/24
- Tenant pays for hot water
- Month-to-Month Lease Term
- Assessor Parcel Number 16THAMESSTNEWP
Community Details
Overview
- No Home Owners Association
- Upper Thames/Point Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 7, 2021
Closed on
Jul 19, 2021
Sold by
Rodman John E and Knollmueller Marit R
Bought by
Cordisco Robert A and Frampus Joseph W
Seller's Agent
Kate Rooney
Gustave White Sotheby's Realty
Buyer's Agent
Karin Jackson
Lila Delman Compass
List Price
$489,000
Sold Price
$500,000
Premium/Discount to List
$11,000
2.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,242
Avg. Annual Appreciation
9.66%
Original Mortgage
$450,000
Outstanding Balance
$413,578
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$314,143
Purchase Details
Listed on
Dec 21, 2017
Closed on
Mar 1, 2018
Sold by
Larusso William J and Larusso Miriam F
Bought by
Rodman John E and Knollmueller Marit R
Seller's Agent
Kate Rooney
Gustave White Sotheby's Realty
Buyer's Agent
Kate Rooney
Gustave White Sotheby's Realty
List Price
$389,000
Sold Price
$382,000
Premium/Discount to List
-$7,000
-1.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$305,600
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2005
Sold by
Madarang Isabella and Harsh Duane
Bought by
Larusso William J and Larusso Miriam F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,080
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 30, 2004
Sold by
Fairchild Jane and Ziemer David
Bought by
Marsh Duane and Madarang Isabella
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cordisco Robert A | $500,000 | None Available | |
| Rodman John E | $382,000 | -- | |
| Larusso William J | $326,000 | -- | |
| Marsh Duane | $200,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cordisco Robert A | $450,000 | |
| Previous Owner | Rodman John E | $305,600 | |
| Previous Owner | Fairchild Jane | $260,080 | |
| Previous Owner | Fairchild Jane | $160,000 | |
| Previous Owner | Fairchild Jane | $79,433 | |
| Previous Owner | Fairchild Jane | $10,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Rented | $2,750 | -57.7% | -- |
| 02/19/2024 02/19/24 | Under Contract | -- | -- | -- |
| 02/08/2024 02/08/24 | Rented | $6,500 | +136.4% | -- |
| 02/08/2024 02/08/24 | Under Contract | -- | -- | -- |
| 01/09/2024 01/09/24 | For Rent | $2,750 | -57.7% | -- |
| 12/27/2023 12/27/23 | Rented | $6,500 | 0.0% | -- |
| 12/13/2023 12/13/23 | For Rent | $6,500 | 0.0% | -- |
| 12/13/2023 12/13/23 | Under Contract | -- | -- | -- |
| 09/23/2023 09/23/23 | For Rent | $6,500 | +195.5% | -- |
| 03/12/2023 03/12/23 | Under Contract | -- | -- | -- |
| 03/11/2023 03/11/23 | Rented | $2,200 | 0.0% | -- |
| 01/19/2023 01/19/23 | For Rent | $2,200 | 0.0% | -- |
| 04/13/2022 04/13/22 | Rented | $2,200 | -66.2% | -- |
| 04/05/2022 04/05/22 | Under Contract | -- | -- | -- |
| 04/01/2022 04/01/22 | Rented | $6,500 | +195.5% | -- |
| 03/23/2022 03/23/22 | Under Contract | -- | -- | -- |
| 02/20/2022 02/20/22 | For Rent | $2,200 | -63.3% | -- |
| 11/12/2021 11/12/21 | For Rent | $6,000 | +172.7% | -- |
| 10/06/2021 10/06/21 | For Rent | $2,200 | 0.0% | -- |
| 10/06/2021 10/06/21 | Rented | $2,200 | 0.0% | -- |
| 07/19/2021 07/19/21 | Sold | $500,000 | +2.2% | $668 / Sq Ft |
| 06/19/2021 06/19/21 | Pending | -- | -- | -- |
| 06/07/2021 06/07/21 | For Sale | $489,000 | 0.0% | $653 / Sq Ft |
| 06/23/2020 06/23/20 | Rented | $2,100 | 0.0% | -- |
| 05/24/2020 05/24/20 | Under Contract | -- | -- | -- |
| 02/24/2020 02/24/20 | For Rent | $2,100 | 0.0% | -- |
| 03/04/2019 03/04/19 | For Rent | $2,100 | 0.0% | -- |
| 03/04/2019 03/04/19 | Rented | $2,100 | +10.5% | -- |
| 07/08/2018 07/08/18 | For Rent | $1,900 | 0.0% | -- |
| 07/08/2018 07/08/18 | Rented | $1,900 | 0.0% | -- |
| 03/01/2018 03/01/18 | Sold | $382,000 | -1.8% | $510 / Sq Ft |
| 01/30/2018 01/30/18 | Pending | -- | -- | -- |
| 12/21/2017 12/21/17 | For Sale | $389,000 | -- | $519 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,588 | $679,800 | $459,800 | $220,000 |
| 2023 | $4,051 | $408,400 | $262,100 | $146,300 |
| 2022 | $3,925 | $408,400 | $262,100 | $146,300 |
| 2021 | $3,810 | $408,400 | $262,100 | $146,300 |
| 2020 | $4,179 | $406,500 | $276,300 | $130,200 |
| 2019 | $4,179 | $406,500 | $276,300 | $130,200 |
| 2018 | $4,061 | $406,500 | $276,300 | $130,200 |
| 2017 | $2,981 | $265,900 | $154,600 | $111,300 |
| 2016 | $2,906 | $265,900 | $154,600 | $111,300 |
| 2015 | $2,837 | $265,900 | $154,600 | $111,300 |
| 2014 | $2,788 | $231,200 | $131,400 | $99,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Buyer's Agent in 2024
Meghan Galvin
RE/MAX Results
(401) 835-2530
-
P
Buyer's Agent in 2023
Paige Goudey
Hogan Associates Christie's
(646) 285-8597
1 in this area
6 Total Sales
-
Buyer's Agent in 2023
joan caffrey
RE/MAX Results
(401) 855-0131
3 in this area
17 Total Sales
-
Seller's Agent in 2021
Kate Rooney
Gustave White Sotheby's Realty
(401) 636-7894
9 in this area
65 Total Sales
-
Buyer's Agent in 2021
Adam Osetek
Compass
(401) 744-2692
68 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1350748
APN: NEWP-000017-000000-000289
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