NOT LISTED FOR SALE

433 Thames St Unit B Newport, RI 02840

Historic Hill Neighborhood

Estimated Value: $679,659 - $941,000

2 Beds
1.5 Baths
875 Sq Ft
$347/mo HOA Fee

Last Sold November 06, 2020

Last sale price $435,000 $497 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,946/month

15 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • 1 Fireplace
  • Water Views
  • Deck
  • 3-minute walk to Aquidneck Park

About This Home

As of November 2020

Centrally located Condo in the Heart of Downtown Newport w/ views of the harbor & Thames St. This second floor one level unit features gas heat, wood burning fireplace, private deck overlooking the Newport Harbor & sunsets, washer/dryer in the unit, dishwasher, off street assigned parking spot, lockable storage unit in basement, and plenty of natural light. Layout consists of living room, kitchen, 2 large bedrooms, full bath w/ a tub, and an additional half bath. Walking distance to wharfs, shopping, restaurants, entertainment, and all that Downtown Newport has to offer. Whether you are looking for a year round residence, or summer getaway this is a great spot to call home!!!!

Last Agent to Sell the Property

David Travers

Keller Williams Coastal License #RES.0041167 Listed on: 09/21/2020

Keller Williams Coastal

Last Buyer's Agent

Lynn Leffray McCall

Residential Properties Ltd. License #RES.0029344

Residential Properties Ltd.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,365

Year Built

  • Built in 1988

HOA Fees

  • $347 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Wood Siding
  • Clapboard

Interior Spaces

  • 875 Sq Ft Home
  • 4-Story Property
  • 1 Fireplace
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Deck

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 047
  • Assessor Parcel Number 433THAMESSTBNEWP

Community Details

Overview

  • 9 Units
  • Thames St Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,365

Year Built

Built in 1988

Lot Details

0

HOA Fees

$347 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Thames St
  • Above Grade Finished Sq Ft: 875.0
  • Building Name: Lee's Wharf Marketplace
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 4
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 4

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Tub Shower
  • Living Area: 875.0
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Clapboard, Wood Siding
  • Exterior Features: Balcony, Deck
  • Foundation Details: Combination
  • Patio And Porch Features: Balcony, Deck

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Multiple Meters, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 347.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 433THAMESSTBNEWP
  • Zoning: WB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 3365.0
  • Tax Lot: 047
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 30, 2020
Sold by
Rjk Properties Llc
Bought by
Weldon Lawrence J and Weldon Elizabeth
Seller's Agent
David Travers
Keller Williams Coastal
Buyer's Agent
Lynn Leffray McCall
Residential Properties Ltd.
List Price
$432,000
Sold Price
$435,000
Premium/Discount to List
$3,000
0.69%
Current Estimated Value
$771,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,165
Avg. Annual Appreciation
9.14%
Original Mortgage
$348,000
Outstanding Balance
$313,695
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$345,332
Source: Public Records

Range of Values:

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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
Weldon Lawrence J $435,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weldon Lawrence J $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $435,000 +0.7% $497 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $432,000 -- $494 / 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 $4,075 $495,800 $0 $495,800
2023 $3,604 $363,300 $0 $363,300
2022 $3,491 $363,300 $0 $363,300
2021 $3,390 $363,300 $0 $363,300
2020 $3,366 $327,400 $0 $327,400
2019 $3,366 $327,400 $0 $327,400
2018 $3,271 $327,400 $0 $327,400
2017 $3,367 $300,400 $0 $300,400
2016 $3,283 $300,400 $0 $300,400
2015 $3,205 $300,400 $0 $300,400
2014 $3,471 $287,800 $0 $287,800
Source: Public Records

Agents Affiliated with this Home

  • David Travers

    Seller's Agent in 2020

    David Travers

    Keller Williams Coastal

    (401) 835-5411

    1 in this area

    96 Total Sales

    Section Image
  • Lynn Leffray McCall

    Buyer's Agent in 2020

    Lynn Leffray McCall

    Residential Properties Ltd.

    (401) 457-1721

    1 in this area

    18 Total Sales

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Map

Source: State-Wide MLS

MLS Number: 1265195

State-Wide MLS

APN: NEWP-000032-000047-B000000

Rhode Island Newport County Newport 02840 Historic Hill

433 Thames St Unit B, Newport, RI

This home is located at 433 Thames St Unit B, Newport, RI 02840 since 21 September 2020 and is currently estimated at $771,165, approximately $881 per square foot. This property was built in 1988. 433 Thames St Unit B 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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