NOT LISTED FOR SALE

617 Thames St Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,706,000 - $2,121,776

8 Beds
4 Baths
3,360 Sq Ft
$556/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $725,000 $216 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $11,301/month

Highlights

  • Deck
  • Heating System Uses Steam
  • 2-minute walk to Spencer Park
  • Wood Flooring
  • Wood Siding

About This Home

As of May 2015

Entered for comp purposes.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 05/21/2015

RE/MAX Results

Co-Listed By

Joseph Fitzpatrick

RE/MAX Results License #REB.0019890

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results Listed on: 05/21/2015

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1890

Lot Details

  • 4,646

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,360 Sq Ft Home
  • 4-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

  • 7 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam

Additional Features

  • Deck
  • 4,646 Sq Ft Lot

Community Details

  • 3 Units
  • Lower Thames Subdivision

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 77
  • Assessor Parcel Number 617THAMESSTNEWP

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,724

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1067
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: LOWER THAMES
  • Above Grade Finished Sq Ft: 3360.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Owner Pays: Hot Water
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 3360.0
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4646.0
  • Parcel #: 617THAMESSTNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5724.0
  • Tax Lot: 77
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
May 21, 2015
Sold by
Arsneault John
Bought by
Ccb Capital & Real Estat
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$725,000
Sold Price
$725,000
Current Estimated Value
$1,869,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,144,694
Avg. Annual Appreciation
10.71%
Original Mortgage
$200,000
Outstanding Balance
$156,611
Interest Rate
3.66%
Mortgage Type
Unknown
Estimated Equity
$1,901,355

Purchase Details

Closed on
Apr 2, 2010
Sold by
Whatmough Garyn and Kipp Kenneth
Bought by
Arsneault John

Purchase Details

Closed on
Jun 17, 1999
Sold by
Saponara Michael A and Saponara Julie M
Bought by
Kipp Kenneth and Whatmough Gary N
Source: Public Records

Range of Values:

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Average Value
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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
Ccb Capital & Real Estat $725,000 --
Arsneault John $595,000 --
Kipp Kenneth $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kipp Kenneth $200,000
Open Kipp Kenneth $675,000
Previous Owner Kipp Kenneth $590,263
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2015 05/21/15 Sold $725,000 0.0% $216 / Sq Ft
05/21/2015 05/21/15 For Sale $725,000 -- $216 / 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 $13,370 $1,626,500 $516,500 $1,110,000
2023 $10,375 $1,045,900 $337,600 $708,300
2022 $10,051 $1,045,900 $337,600 $708,300
2021 $9,758 $1,045,900 $337,600 $708,300
2020 $8,711 $847,400 $278,500 $568,900
2019 $8,711 $847,400 $278,500 $568,900
2018 $8,466 $847,400 $278,500 $568,900
2017 $7,832 $698,700 $199,300 $499,400
2016 $7,396 $676,700 $199,300 $477,400
2015 $6,995 $655,600 $199,300 $456,300
2014 $5,724 $474,600 $135,500 $339,100
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2015

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    49 in this area

    699 Total Sales

    Section Image
  • Joseph Fitzpatrick

    Seller Co-Listing Agent in 2015

    Joseph Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    16 Total Sales

    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1097026

State-Wide MLS

APN: NEWP-000039-000000-000077

Rhode Island Newport County Newport 02840 Fifth Ward

617 Thames St, Newport, RI

This home is located at 617 Thames St, Newport, RI 02840 since 21 May 2015 and is currently estimated at $1,869,694, approximately $556 per square foot. This property was built in 1890. 617 Thames St is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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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