614 Thames St Newport, RI 02840
Fifth Ward NeighborhoodEstimated Value: $727,000 - $861,000
3
Beds
1.5
Baths
1,373
Sq Ft
$580/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Cottage
- Deck
- Tennis Courts
- 2-minute walk to Spencer Park
About This Home
As of October 2019Welcome to 614 Thames street, zoned Limited Business which allows for multiple rental opportunities. This property has excellent rental history, currently rented for 2000 per month until June 30th 2020. The first floor offers a large open kitchen with gas stove, pantry, breakfast bar and a slider to a back deck. The kitchen is open to living room & there is a den with French doors and fire place that is currently being used as a bedroom. There is a large half bath with room to add laundry on this level or convert to a full bath. The second floor has 3 rooms, 2 full bedrooms and an additional room leading to the second floor deck which is also currently a bedroom. The full bath is on this level. Basement access is through the deck or the interior hall way. New gas burner in 2019 and roof was replaced in 2016. Exterior paint 2019. Capture your Newport property on this PRIME stretch of Thames street!
Last Agent to Sell the Property
Libby Kirwin Real Estate License #REB.0017170 Listed on: 08/23/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,728
Year Built
- Built in 1900
Lot Details
- Property is zoned LB
Parking
- No Garage
Home Design
- Cottage
- Combination Foundation
- Shingle Siding
- Clapboard
Interior Spaces
- 1,373 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
Kitchen
- Oven
- Range
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Deck
- Porch
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 277
- Assessor Parcel Number 614THAMESSTNEWP
Community Details
Overview
- Fifth Ward Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2019
Closed on
Sep 10, 2019
Sold by
Elliott Mark
Bought by
Cunniff Daniel T and Cunniff Angela
Seller's Agent
Libby Kirwin
Libby Kirwin Real Estate
Buyer's Agent
Sandi Warner
Warner Realty Group
List Price
$549,000
Sold Price
$517,500
Premium/Discount to List
-$31,500
-5.74%
Total Days on Market
18
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
$278,314
Avg. Annual Appreciation
8.09%
Original Mortgage
$414,000
Outstanding Balance
$369,011
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$433,936
Purchase Details
Closed on
May 27, 2010
Sold by
Treusch Ken
Bought by
Elliott Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 31, 2000
Sold by
Bromage James J
Bought by
Wakefield Steven B and Wakefield Tara
Purchase Details
Closed on
Jul 27, 1998
Sold by
Rovegno Robert J
Bought by
Bromage James J
Similar Homes in Newport, RI
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 |
|---|---|---|---|
| Cunniff Daniel T | $517,500 | -- | |
| Elliott Mark | $235,000 | -- | |
| Wakefield Steven B | $159,000 | -- | |
| Bromage James J | $88,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cunniff Daniel T | $414,000 | |
| Previous Owner | Bromage James J | $164,500 | |
| Previous Owner | Bromage James J | $70,000 | |
| Previous Owner | Bromage James J | $376,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2019 10/11/19 | Sold | $517,500 | -5.7% | $377 / Sq Ft |
| 09/11/2019 09/11/19 | Pending | -- | -- | -- |
| 08/23/2019 08/23/19 | For Sale | $549,000 | -- | $400 / Sq Ft |
Source: State-Wide MLS
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 | $5,649 | $687,200 | $345,300 | $341,900 |
| 2023 | $4,508 | $454,400 | $225,700 | $228,700 |
| 2022 | $4,367 | $454,400 | $225,700 | $228,700 |
| 2021 | $4,240 | $454,400 | $225,700 | $228,700 |
| 2020 | $3,836 | $373,200 | $217,500 | $155,700 |
| 2019 | $3,836 | $373,200 | $217,500 | $155,700 |
| 2018 | $3,728 | $373,200 | $217,500 | $155,700 |
| 2017 | $3,274 | $292,100 | $155,600 | $136,500 |
| 2016 | $3,193 | $292,100 | $155,600 | $136,500 |
| 2015 | $3,117 | $292,100 | $155,600 | $136,500 |
| 2014 | $2,891 | $239,700 | $132,200 | $107,500 |
Source: Public Records
Agents Affiliated with this Home
-
Libby Kirwin
Seller's Agent in 2019
Libby Kirwin
Libby Kirwin Real Estate
(401) 864-5458
8 in this area
58 Total Sales
-
Sandi Warner
Buyer's Agent in 2019
Sandi Warner
Warner Realty Group
(401) 662-7204
6 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1232748
APN: NEWP-000035-000000-000277
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