494 Thames Street

Newport, RI 02840

$899,000
Price
2
Beds
1,072 Sq. Ft.
$839 / Sq. Ft.
1,072
Sq. Ft.
$839
per Sq. Ft.

Description

Rare opportunity to own a unique single-family home in the heart of Newport and the Limited Business zone. Located right on Thames Street across from Waites Wharf and O'Brien's Pub, enjoy the luxury of walking out your front doorstep and being surrounded by popular restaurants, shops, nightlife, and the Newport waterfront. This solid, masonry-built home provides three levels of living and a third-floor balcony with views of the Newport harbor or great visibility up and down all the action on lower...Rare opportunity to own a unique single-family home in the heart of Newport and the Limited Business zone. Located right on Thames Street across from Waites Wharf and O'Brien's Pub, enjoy the luxury of walking out your front doorstep and being surrounded by popular restaurants, shops, nightlife, and the Newport waterfront. This solid, masonry-built home provides three levels of living and a third-floor balcony with views of the Newport harbor or great visibility up and down all the action on lower Thames. The interior offers two recently renovated full baths, Anderson windows throughout, a full basement, gas heat, a modern kitchen that opens up to a secluded courtyard, and recently installed hardwood floors on the third floor. This is a great opportunity to own one of only a few single-family homes on Thames Street and enjoy this prime in-town location! Off-street parking options are available nearby.
  1. Listed by Robert Swift • Brokerage DRE #REB.0013763 • Edge Realty RI
    P: (508)-404-5206 robswift@edgerealtyri.com

Property Details for 494 Thames Street

Subdivision Name
Lower Thames
Architectural Style
Cabin
Waterfront Features
Walk To Water
View
Saltwater, Water
LISTING UPDATED: 01/24/2025 09:19 AM

Property Details for 494 Thames Street

StatusActive
MLS #1368786
Days on Market129
Taxes$5,279 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1930
Lot Size0.02 AC / 819 SF
CountyNewport County

Building Information for 494 Thames Street

Stories3Year Built1930Building Size-Lot Size0.02 AC / 819 SF

Property Information for 494 Thames Street

Summary
Location and General Information
  • City: Newport
  • Community Features: Marina, Restaurant, Shopping, Tennis Courts, Sidewalks
  • Postal City: Newport
  • Postal Code: 02840
  • State Or Province: RI
  • View Y N: Yes
  • Zoning: LB
  • Human Modified Y N: Yes
Parking
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 0
Taxes and HOA Information
  • Association Fee: $.00
  • Tax Annual Amount: $5,279.00
  • Tax Assessed Value: 756900
  • Tax Lot: 32
  • Tax Map Number: 305
  • Tax Year: 2024
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 1072.0
  • Below Grade Finished Area: 0.0
  • Building Area Total: 1072.0
  • Living Area: 1,072.00
  • Living Area Source: Public Records
  • Lot Size Acres: 0.0188
  • Lot Size Area: 819.0
  • Lot Size Square Feet: 819.0
  • Lot Size Units: Square Feet
  • Parcel Number: 494THAMESSTNEWP
  • Stories: 3
  • Stories Total: 3
  • Property Sub Type Additional: Single Family Residence
Property and Assessments
  • New Construction Y N: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community Y N: No
  • Year Built: 1930
  • C L I P: 5,561,744,333
Utilities
  • Electric: Amps100
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected
Interior and Exterior Features
Exterior Features
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
Interior Features
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Washer
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Fireplace Features: None
  • Fireplaces Total: 0
  • Fireplace Y N: No
  • Flooring: Hardwood
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Y N: Yes
  • Interior Features: Stall Shower
  • Levels: Three Or More
  • Rooms Total: 5
  • Window Features: Thermal Windows
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No

Property History for 494 Thames Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 494 Thames Street

Taxable ValueLand$300,500Additions$456,400Total$756,900
Tax Record2024$6,222 ($518 / month)
Home Facts
Beds2Baths2.5Total Finished SqFt1,072 SqFtAbove Grade Finished SqFt1,072 SqFtStories3Lot Size819 SqFtStyleSingle Family ResidenceYear Built1930Year Renovated2011ZoningLBCountyNEWPORTAPNNEWP M:032 B:0305

Schools near 494 Thames Street

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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494 Thames Street is a single family home for sale in Newport, RI 02840. This property was listed for sale on September 17, 2024 by Edge Realty RI, it's currently listed at $899,000. It has been on the market for a total of 129 days and was last sold on September 30, 2022. This listing's school district is Newport School District. Nearby schools include Frank E. Thompson Middle School, Rogers High School and Newport Area Career Tech Center. 494 Thames Street is a 2-bed, 2-bath, 1,072 sqft single family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Edge Realty RI

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.