NOT LISTED FOR SALE

603 Thames St Unit 1 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $486,836 - $720,000

1 Bed
2 Baths
638 Sq Ft
$914/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $285,000 $447 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,544/month

About This Home

As of January 2020

This furnished condo is one bedroom, but can comfortably sleep four, as the living room has a pull out couch with a very comfortable bed. There are two full bathrooms. One designated parking space & guest spaces available. Condo has a TV and coin laundry in the basement. It's located directly on Thames Street for easy access to restaurants, shops, waterfront and Salve. Available June 1 for a yearly lease. $2500/month. Tenant pays utilities except for water/sewer.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2019
Closed on
Jan 23, 2020
Sold by
Meeting Place Llc
Bought by
Imswiler Katherine C
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$295,000
Sold Price
$285,000
Premium/Discount to List
-$10,000
-3.39%
Current Estimated Value
$582,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,959
Avg. Annual Appreciation
14.28%
Original Mortgage
$230,250
Outstanding Balance
$206,494
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,465

Purchase Details

Closed on
Sep 14, 2018
Sold by
Pjo Properties Llc
Bought by
Meeting Place Llc

Purchase Details

Listed on
Jan 27, 2017
Closed on
Mar 31, 2017
Sold by
Leblanc Rebecca
Bought by
Pjo Properties Llc
Seller's Agent
Chad Kritzas
HomeSmart Professionals
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$199,000
Sold Price
$192,500
Premium/Discount to List
-$6,500
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.49%

Purchase Details

Closed on
Apr 5, 2006
Sold by
Thomas & Thomas Dev
Bought by
Knapp Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Imswiler Katherine C $285,000 None Available
Meeting Place Llc -- --
Pjo Properties Llc $192,500 --
Knapp Rebecca $248,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Imswiler Katherine C $230,250
Previous Owner Knapp Rebecca $198,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Rented $2,500 0.0% --
03/01/2023 03/01/23 Under Contract -- -- --
02/22/2023 02/22/23 For Rent $2,500 +11.1% --
05/21/2022 05/21/22 Rented $2,250 0.0% --
05/16/2022 05/16/22 Under Contract -- -- --
05/11/2022 05/11/22 For Rent $2,250 -8.2% --
04/22/2021 04/22/21 Rented $2,450 0.0% --
04/22/2021 04/22/21 Rented $2,450 -45.6% --
03/23/2021 03/23/21 Under Contract -- -- --
03/23/2021 03/23/21 Under Contract -- -- --
03/05/2021 03/05/21 For Rent $4,500 +150.7% --
02/03/2021 02/03/21 For Rent $1,795 0.0% --
01/28/2020 01/28/20 Sold $285,000 -3.4% $447 / Sq Ft
12/29/2019 12/29/19 Pending -- -- --
11/22/2019 11/22/19 For Sale $295,000 +53.2% $462 / Sq Ft
03/31/2017 03/31/17 Sold $192,500 -3.3% $302 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $199,000 0.0% $312 / Sq Ft
12/19/2012 12/19/12 For Rent $1,300 0.0% --
12/19/2012 12/19/12 Rented $1,300 -- --

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 $3,258 $396,400 $0 $396,400
2023 $2,591 $261,200 $0 $261,200
2022 $2,510 $261,200 $0 $261,200
2021 $2,437 $261,200 $0 $261,200
2020 $1,884 $183,300 $0 $183,300
2019 $1,884 $183,300 $0 $183,300
2018 $1,831 $183,300 $0 $183,300
2017 $2,286 $203,900 $0 $203,900
2016 $2,229 $203,900 $0 $203,900
2015 $2,176 $203,900 $0 $203,900
2014 $2,184 $181,100 $0 $181,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2023

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    47 in this area

    685 Total Sales

    Joe Fitzpatrick
    Section Image

  • S

    Buyer's Agent in 2023

    Suzanne Schneider

    Coldwell Banker Realty

    (401) 626-5297

    Section Image
  • Chad Kritzas

    Seller's Agent in 2017

    Chad Kritzas

    HomeSmart Professionals

    5 in this area

    226 Total Sales

    Chad Kritzas
    Section Image

  • T

    Seller's Agent in 2012

    Tristen Court

    Capitol Realty Company

    (401) 234-8769

    4 Total Sales

    Tristen Court
    Section Image

  • V

    Buyer's Agent in 2012

    Veronica Meletta

    Capitol Realty Company

See All Agents

Map

Rhode Island Newport County Newport 02840 Fifth Ward

603 Thames St Unit 1, Newport, RI

This home is located at 603 Thames St Unit 1, Newport, RI 02840 and is currently estimated at $582,959, approximately $913 per square foot. 603 Thames St Unit 1 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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