NOT LISTED FOR SALE

42 Thames St Newport, RI 02840

4 Beds
3.5 Baths
4,421 Sq Ft
3,920 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $950,000 $215 Per Sq Ft

Highlights

  • Marina
  • Cathedral Ceiling
  • 7 Fireplaces
  • Colonial Architecture
  • Wood Flooring
  • 3-minute walk to Cardines Field

About This Home

As of December 2020

Are you ready for a surprise? Behind an historically accurate, simple exterior, 42 Thames Street is a bright 21st century home with authentic charm. The open foyer, modern staircase, and higher ceilings set this home apart from many antique homes. The first floor has LR, DR, library, powder room, office with an exterior entrance, updated sunny kitchen. 4 bedrooms, a dedicated dressing room, and 3 full baths are on the 2nd and 3rd floors. Antique features include: extraordinarily wide floorboards and 7 fireplaces. Modern features include: chef's kitchen with DCS gas range, central A/C, gas heat, double pane windows, and wiring for a generator. The package is complete with off street parking and a true secret garden with bluestone patio. Just a hop, skip and a jump from Newport's lively waterfront, shipyard, and Washington Square theatres and restaurants.

Last Agent to Sell the Property

Annie Becker

Lila Delman Compass License #REB.0016723 Listed on: 12/30/2020

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,495

Year Built

  • Built in 1750

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Colonial Architecture
  • Antique Architecture
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 4,421 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • 7 Fireplaces
  • Fireplace Features Masonry
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Security System Owned

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • No Garage

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 58
  • Assessor Parcel Number 42THAMESSTNEWP

Community Details

Overview

  • Thames/ Washington Square Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,495

Year Built

Built in 1750

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: Thames/ Washington Square
  • Above Grade Finished Sq Ft: 4421.0
  • Architectural Style: Colonial, Historic/Antique
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1750
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Refrigerator, Trash Compactor, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 7
  • Fireplace: Yes
  • Flooring: Hardwood, Wood
  • Interior Amenities: Wet Bar, Bathtub, Cedar Closet(s), Cathedral Ceiling(s), Skylights, Tub Shower, Cable TV
  • Living Area: 4421.0
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 42THAMESSTNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10495.0
  • Tax Lot: 58
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Dec 21, 2020
Sold by
Mcgoldrick Linda
Bought by
Mercadante Steven C and Mercadante Christine C
Seller's Agent
Annie Becker
Lila Delman Compass
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$775,200
Outstanding Balance
$690,159
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2008
Sold by
Harris Richard and Harris Nancy
Bought by
Mcgodlrick Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2003
Sold by
Wilson William
Bought by
Harris Richard and Harris Nancy

Purchase Details

Closed on
May 16, 1996
Sold by
Mitchell Peter K and Mitchell Maria
Bought by
Wilson William A and Craig Francesca V

Purchase Details

Closed on
Jun 27, 1994
Sold by
Small Robert K and Small Crawford K
Bought by
Mitchell Peter K and Mitchell Maria
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Mercadante Steven C $950,000 None Available
Mercadante Steven C $950,000 None Available
Mcgodlrick Linda $842,500 --
Mcgodlrick Linda $842,500 --
Harris Richard $489,000 --
Harris Richard $489,000 --
Wilson William A $275,000 --
Wilson William A $275,000 --
Mitchell Peter K $282,500 --
Mitchell Peter K $282,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercadante Steven C $775,200
Closed Mercadante Steven C $775,200
Previous Owner Mitchell Peter K $415,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2020 12/30/20 Sold $950,000 -4.5% $215 / Sq Ft
12/30/2020 12/30/20 For Sale $995,000 -- $225 / 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
2025 $9,873 $1,375,100 $550,900 $824,200
2024 $11,355 $1,381,400 $550,900 $830,500
2023 $9,638 $971,600 $314,000 $657,600
2022 $9,337 $971,600 $314,000 $657,600
2021 $9,065 $971,600 $314,000 $657,600
2020 $10,495 $1,020,900 $283,000 $737,900
2019 $10,495 $1,020,900 $283,000 $737,900
2018 $10,199 $1,020,900 $283,000 $737,900
2017 $8,946 $798,000 $158,200 $639,800
2016 $8,722 $798,000 $158,200 $639,800
2015 $8,515 $798,000 $158,200 $639,800
2014 $9,316 $772,500 $134,500 $638,000
Source: Public Records

Agents Affiliated with this Home

  • Annie Becker

    Seller's Agent in 2020

    Annie Becker

    Lila Delman Compass

    (401) 855-1127

    6 in this area

    33 Total Sales

    Annie Becker
    Section Image
  • Alex Fraioli

    Buyer's Agent in 2020

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    24 in this area

    136 Total Sales

    Alex Fraioli
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1272499

State-Wide MLS

APN: NEWP-000017-000000-000058

Rhode Island Newport County Newport 02840

42 Thames St, Newport, RI

This home is located at 42 Thames St, Newport, RI 02840 since 30 December 2020. This property was built in 1750. 42 Thames St 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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