NOT LISTED FOR SALE

624 Thames St Unit 1 Newport, RI 02840

Fifth Ward Neighborhood

Estimated Value: $1,414,000 - $2,370,000

3 Beds
2 Baths
1,395 Sq Ft
$1,279/Sq Ft Est. Value

About This Home

YEARLY rental available starting June 1st! 3 bedrooms, 2 bathrooms, can be partially furnished or unfurnished. This first floor unit is flooded with sunlight from the large windows in the living and dining area. The galley kitchen leads to one full bathroom, with the second bathroom located in the largest bedroom as an ensuite. Situated on lower Thames Street, this property is walking distance to restaurants, shops, and bars. Pets are accepted on a case by case basis. Wifi is included in the monthly rent! Tenants are in place so pictures and video tours are preferred.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2022
Sold by
Kswa Llc
Bought by
424 & 426 Thames Street Llc
Current Estimated Value
$1,784,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$2,309,605
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$698,272

Purchase Details

Closed on
Mar 27, 2017
Sold by
Astoria Rt
Bought by
Kswa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
4.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
424 & 426 Thames Street Llc $1,500,000 None Available
424 & 426 Thames Street Llc $1,500,000 None Available
Kswa Llc $650,000 --
Kswa Llc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 424 & 426 Thames Street Llc $2,400,000
Closed 424 & 426 Thames Street Llc $2,400,000
Previous Owner Kswa Llc $487,500
Previous Owner Parfet Stephen H $36,081
Previous Owner Parfet Stephen H $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2020 06/03/20 Rented $1,900 -5.0% --
05/04/2020 05/04/20 Under Contract -- -- --
03/30/2020 03/30/20 For Rent $2,000 -- --

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 $8,923 $1,085,500 $335,000 $750,500
2023 $8,137 $820,300 $297,800 $522,500
2022 $0 $792,800 $297,800 $495,000
2021 $0 $792,800 $297,800 $495,000
2020 $0 $623,400 $315,700 $307,700
2019 $0 $623,400 $315,700 $307,700
2018 $0 $623,400 $315,700 $307,700
2017 $0 $556,300 $187,400 $368,900
2016 -- $556,300 $187,400 $368,900
2015 -- $556,300 $187,400 $368,900
2014 -- $513,200 $187,400 $325,800
Source: Public Records

Agents Affiliated with this Home

  • Lauren Mailloux

    Seller's Agent in 2020

    Lauren Mailloux

    Our Real Estate

    (631) 902-7082

    3 in this area

    30 Total Sales

    Lauren Mailloux
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Map

Rhode Island Newport County Newport 02840 Fifth Ward

624 Thames St Unit 1, Newport, RI

This home is located at 624 Thames St Unit 1, Newport, RI 02840 and is currently estimated at $1,784,000, approximately $1,278 per square foot. 624 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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