B
Seller's Agent in 2025
Beverly Cloutier
HomeSmart Professionals
(401) 265-3703
10 Total Sales
492 Thames St Unit 3 Newport, RI 02840
Historic Hill Neighborhood
2
Beds
1
Bath
810
Sq Ft
$891
Price per Sq Ft
About This Home
As of June 2021July 1st as a yearly rental. Beautifully renovated condo on desirable historic Thames Street. This classic two-bedroom, one-bath second-floor unit located in the Yachting Village offers an open floor plan with a custom designer kitchen featuring new stainless appliances, beautiful inset cabinetry, quartz countertops, and hickory flooring throughout. Other features include a cozy breakfast bar, a large quartz island in the dining area, and a stunning designer bathroom with an open shower and radiant heat flooring. Only unit in the building with a mini-split system for central cooling and heating. Take in the amazing sunsets and views of beautiful Newport Harbor from the private balcony while overlooking the heart of downtown Thames Street, just steps from the best restaurants and shops on the island. The unit also includes one off-street assigned parking spot. PLEASE NOTE SOME FURNISHINGS HAVE CHANGED BUT STILL FULLY FURNISHED.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2021
Closed on
Jun 14, 2021
Sold by
Cloutier Kenneth L and Cloutier Beverly J
Bought by
Eaton Gary
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Paula Dickson-Rando
Jack Conway & Co Inc.
List Price
$480,000
Sold Price
$505,000
Premium/Discount to List
$25,000
5.21%
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
$216,853
Avg. Annual Appreciation
7.82%
Original Mortgage
$404,000
Outstanding Balance
$372,084
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$308,317
Purchase Details
Closed on
Oct 6, 2006
Sold by
Cloutier Kraig and Cloutier Michelle
Bought by
Cloutier Kenneth and Cloutier Beverly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 2004
Sold by
Kenney 3Rd Raymond
Bought by
Cloutier Kraig
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 18, 2003
Sold by
Bartfield Alexander
Bought by
Kenney Raymond
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,960
Interest Rate
6.31%
Purchase Details
Closed on
Jun 24, 1992
Sold by
492 Thames Assoc Lp
Bought by
Damico Lauree T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.57%
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 |
|---|---|---|---|
| Eaton Gary | $505,000 | None Available | |
| Cloutier Kenneth | $300,000 | -- | |
| Cloutier Kraig | $251,000 | -- | |
| Kenney Raymond | $247,500 | -- | |
| Damico Lauree T | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eaton Gary | $404,000 | |
| Previous Owner | Cloutier Kenneth L | $75,000 | |
| Previous Owner | Damico Lauree T | $240,000 | |
| Previous Owner | Damico Lauree T | $195,000 | |
| Previous Owner | Damico Lauree T | $197,960 | |
| Previous Owner | Damico Lauree T | $55,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/26/2025 02/26/25 | Rented | $3,600 | +2.9% | -- |
| 02/17/2025 02/17/25 | For Rent | $3,500 | -5.4% | -- |
| 03/01/2024 03/01/24 | Rented | $3,700 | +5.7% | -- |
| 01/11/2024 01/11/24 | For Rent | $3,500 | 0.0% | -- |
| 05/05/2023 05/05/23 | Rented | $3,500 | 0.0% | -- |
| 04/20/2023 04/20/23 | For Rent | $3,500 | -44.4% | -- |
| 04/01/2023 04/01/23 | Rented | $6,300 | +26.0% | -- |
| 03/02/2023 03/02/23 | Price Changed | $5,000 | -37.5% | $6 / Sq Ft |
| 09/29/2022 09/29/22 | For Rent | $8,000 | +100.0% | -- |
| 08/01/2022 08/01/22 | Rented | $4,000 | 0.0% | -- |
| 08/01/2022 08/01/22 | Price Changed | $4,000 | -33.3% | $5 / Sq Ft |
| 07/14/2022 07/14/22 | Price Changed | $6,000 | -14.3% | $7 / Sq Ft |
| 06/24/2022 06/24/22 | For Rent | $7,000 | +133.3% | -- |
| 05/06/2022 05/06/22 | Rented | $3,000 | 0.0% | -- |
| 03/01/2022 03/01/22 | For Rent | $3,000 | -4.0% | -- |
| 02/25/2022 02/25/22 | Rented | $3,125 | +4.2% | -- |
| 01/26/2022 01/26/22 | Under Contract | -- | -- | -- |
| 10/11/2021 10/11/21 | For Rent | $3,000 | 0.0% | -- |
| 10/01/2021 10/01/21 | Rented | $3,000 | 0.0% | -- |
| 09/01/2021 09/01/21 | Under Contract | -- | -- | -- |
| 08/26/2021 08/26/21 | For Rent | $3,000 | -77.8% | -- |
| 08/20/2021 08/20/21 | Rented | $13,500 | -97.3% | -- |
| 07/21/2021 07/21/21 | Under Contract | -- | -- | -- |
| 06/14/2021 06/14/21 | Sold | $505,000 | +5511.1% | $623 / Sq Ft |
| 05/15/2021 05/15/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Rent | $9,000 | 0.0% | -- |
| 03/16/2021 03/16/21 | For Sale | $480,000 | -- | $593 / Sq Ft |
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 | $3,933 | $478,500 | $0 | $478,500 |
| 2023 | $3,187 | $321,300 | $0 | $321,300 |
| 2022 | $3,088 | $321,300 | $0 | $321,300 |
| 2021 | $2,998 | $321,300 | $0 | $321,300 |
| 2020 | $2,843 | $276,600 | $0 | $276,600 |
| 2019 | $2,843 | $276,600 | $0 | $276,600 |
| 2018 | $2,763 | $276,600 | $0 | $276,600 |
| 2017 | $3,101 | $276,600 | $0 | $276,600 |
| 2016 | $3,023 | $276,600 | $0 | $276,600 |
| 2015 | $2,951 | $276,600 | $0 | $276,600 |
| 2014 | $3,172 | $263,000 | $0 | $263,000 |
Source: Public Records
Agents Affiliated with this Home
-
Beverly Cloutier
-
Chad Kritzas
Seller's Agent in 2023
Chad Kritzas
HomeSmart Professionals
6 in this area
226 Total Sales
-
Melanie Fougere
M
Buyer's Agent in 2022
Melanie Fougere
Real Broker, LLC
(401) 662-0363
11 Total Sales
-
Paula Dickson-Rando
Buyer's Agent in 2021
Paula Dickson-Rando
Jack Conway & Co Inc.
(508) 404-6467
1 in this area
58 Total Sales
-
Karen Dill
Buyer's Agent in 2021
Karen Dill
Homes By Connect
(401) 741-2541
25 Total Sales
Map
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