NOT LISTED FOR SALE

360 Thames St Unit 5A Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $718,000 - $992,000

2 Beds
2 Baths
1,499 Sq Ft
$424/mo HOA Fee

Last Sold January 21, 2014

Last sale price $285,000 $190 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $5,685/month

579 Days on Market

Highlights

  • Marina
  • Cathedral Ceiling
  • Walking Distance to Water
  • Water Views
  • Balcony
  • 4-minute walk to Aquidneck Park

About This Home

As of January 2014

Beautiful water views from this top level condo in the heart of downtown Newport. Features include building elevator, 2 covered garage parking spaces, and front door intercom for added security. Just one block from the harbor & everything it offers!

Last Agent to Sell the Property

David Lawrence

Compass / Lila Delman Compass License #RES.0015529 Listed on: 05/21/2012

Last Buyer's Agent

The Hadfield Group

Hogan Associates Christie's

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,500

Year Built

  • Built in 1985

HOA Fees

  • $424 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Assigned Parking

Home Design

  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,499 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Skylights
  • Living Room
  • Dining Room
  • Carpet
  • Water Views
  • Intercom
  • Laundry in unit

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Accessible Elevator Installed
  • Cul-De-Sac

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 360THAMESST5ANEWP

Community Details

Overview

  • 6 Units
  • Downtown/Waterfront Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,500

Year Built

Built in 1985

Lot Details

0

HOA Fees

$424 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DOWNTOWN/WATERFRONT
  • Above Grade Finished Sq Ft: 1499.0
  • Building Name: 360 THAMES ST. CONDOS
  • Carport Y N: Yes
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Other Equipment: Intercom
  • Accessibility Features: Accessible Elevator Installed
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator,Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet
  • Interior Amenities: Cathedral Ceiling(s), Skylights, Cable TV
  • Living Area: 1499.0
  • Dining Room Type: Dining Room, Living Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Shingle Siding
  • Exterior Features: Balcony, Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Balcony, Porch

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Public Transportation, Shopping, Sidewalks
  • Senior Community: No
  • Association Fee: 424.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 360THAMESST5ANEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 3499.6
  • Tax Lot: 131
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Jan 17, 2014
Sold by
Macris Nick and Macris Erika
Bought by
Zimmerman Kenton J and Perry-Ross Alexandra
Seller's Agent
David Lawrence
Compass / Lila Delman Compass
Buyer's Agent
The Hadfield Group
Hogan Associates Christie's
List Price
$399,000
Sold Price
$285,000
Premium/Discount to List
-$114,000
-28.57%
Total Days on Market
579
Current Estimated Value
$856,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$571,217
Avg. Annual Appreciation
9.92%
Original Mortgage
$228,000
Interest Rate
4.45%

Purchase Details

Closed on
Jan 25, 2013
Sold by
Kaplan Patricia D
Bought by
Resort Mgmt Svcs
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zimmerman Kenton J $285,000 --
Resort Mgmt Svcs -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Kenton J $297,068
Closed Resort Mgmt Svcs $435,000
Closed Resort Mgmt Svcs $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2014 01/21/14 Sold $285,000 -28.6% $190 / Sq Ft
12/22/2013 12/22/13 Pending -- -- --
05/21/2012 05/21/12 For Sale $399,000 -- $266 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $5,445 $662,400 $0 $662,400
2023 $4,417 $445,300 $0 $445,300
2022 $4,279 $445,300 $0 $445,300
2021 $4,155 $445,300 $0 $445,300
2020 $4,244 $412,800 $0 $412,800
2019 $4,244 $412,800 $0 $412,800
2018 $4,124 $412,800 $0 $412,800
2017 $3,032 $270,500 $0 $270,500
2016 $2,957 $270,500 $0 $270,500
2015 $2,886 $270,500 $0 $270,500
2014 $2,680 $222,200 $0 $222,200
Source: Public Records

Agents Affiliated with this Home

  • David Lawrence

    Seller's Agent in 2014

    David Lawrence

    Compass / Lila Delman Compass

    (401) 339-1010

    10 Total Sales

    David Lawrence
    Section Image

  • T

    Buyer's Agent in 2014

    The Hadfield Group

    Hogan Associates Christie's

    (401) 207-0083

    6 in this area

    111 Total Sales

    The Hadfield Group
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1017764

State-Wide MLS

APN: NEWP-000027-000131-000005A

Rhode Island Newport County Newport 02840 Historic Hill

360 Thames St Unit 5A, Newport, RI

This home is located at 360 Thames St Unit 5A, Newport, RI 02840 since 21 May 2012 and is currently estimated at $856,217, approximately $571 per square foot. This property was built in 1985. 360 Thames St Unit 5A is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

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