$192,500
SOLD MAR 31, 2017

603 Thames St Unit 1 Newport, RI 02840

Fifth Ward Neighborhood
1 Bed
1 Bath
638 Sq Ft
$242/mo HOA Fee

Recently Sold

$302 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Thermal Windows
  • Golf Course Community
  • Walking Distance to Water
  • 2-minute walk to Spencer Park

About This Home

As of January 2020

Sought after Thames Street location, 1 BR 1Bath Tenant in place until Oct 2017 $1,200 + utilities -Have your tenant pay your mortgage!! Walking distance to all that Newport has to offer. 1 off street parking space. Wonderful investment opportunity

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 01/27/2017

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,459

Year Built

  • Built in 1904

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 638 Sq Ft Home
  • 3-Story Property
  • Thermal Windows
  • Living Room
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Gas
  • Baseboard Heating
  • Tankless Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 082
  • Assessor Parcel Number 603THAMESST1NEWP

Community Details

Overview

  • 6 Units
  • Yachting Village 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

$2,459

Year Built

Built in 1904

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: YACHTING VILLAGE
  • Above Grade Finished Sq Ft: 638.0
  • Building Name: Timothy Mahoney House
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1904
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Oven, Range, Refrigerator, Tankless Water Heater
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 638.0
  • Dining Room Type: Living Room
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

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: 241.91
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 603THAMESST1NEWP
  • Zoning: LB
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 2459.0
  • Tax Lot: 082
  • Tax Year: 2016

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
$516,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,803
Avg. Annual Appreciation
13.82%
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
14.17%

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Condominium Deed $285,000 None Available
Quit Claim Deed -- --
Deed $192,500 --
Deed $248,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,250 Purchase Money Mortgage
Previous Owner $198,800 Purchase Money Mortgage
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 -- --
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 $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

    48 in this area

    700 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Suzanne Schneider

    Coldwell Banker Realty

    Section Image
  • Chad Kritzas

    Seller's Agent in 2017

    Chad Kritzas

    HomeSmart Professionals

    (401) 474-5669

    5 in this area

    218 Total Sales

    Section Image

  • T

    Seller's Agent in 2012

    Tristen Court

    Capitol Realty Company

    (401) 234-8769

    4 Total Sales

    Section Image

  • V

    Buyer's Agent in 2012

    Veronica Meletta

    Capitol Realty Company

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1145203

State-Wide MLS

APN: NEWP-000039-000082-000001

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 priced at $192,500, approximately $301 per square foot. This property was built in 1904. 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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes