NOT LISTED FOR SALE

Estimated Value: $704,140

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. 62% increase in value since last sale

Current estimated payment $4,628/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 Listed By

David Travers

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

Keller Williams Coastal

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%
Total Days on Market
15
Current Estimated Value
$704,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,140
Avg. Annual Appreciation
9.54%
Original Mortgage
$348,000
Outstanding Balance
$313,695
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$345,332

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
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

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Map

Source: State-Wide MLS

MLS Number: 1265195

State-Wide MLS

APN: NEWP-000032-000047-B000000