$585,724 - $1,176,000
RENTED NOV 18, 2024

2 Gibbs Ave Unit A Newport, RI 02840

3 Beds
1.5 Baths
1,763 Sq Ft
$444 Price per Sq Ft

Last Sold July 31, 2018

Last sale price $380,000 $216 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,408/month

Highlights

  • Marina
  • Wood Flooring
  • Thermal Windows
  • Deck
  • Tennis Courts
  • Bathtub with Shower

About This Home

As of November 2024

NOVEMBER 1st YEARLY RENTAL. Adorable townhouse close to downtown Newport, the bridge and Navy base. Off street parking, fenced in backyard, three floors of living space - this is one you don't want to miss! Spacious first floor living with updated eat-in kitchen, bathroom and laundry. Second floor has two bedrooms with a full bathroom. Your third floor space is an opportunity for more living/entertaining space - or make it into a primary bedroom. Lots of living space and storage in this property. Available for a yearly lease! Tenant pays all utilities. One cat may be considered - condo rules.

Last Agent to Rent the Property

Hilary Marshall

RE/MAX Professionals License #RES.0043599 Listed on: 10/11/2024

RE/MAX Professionals

Last Renter's Agent

Susan Curran

Warner Realty Group License #RES.0048356

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,132

Year Built

  • Built in 1988

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,763 Sq Ft Home
  • 3-Story Property
  • Thermal Windows

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Deck
  • Patio
  • Outbuilding
  • Outdoor Grill

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Fenced
  • Property near a hospital

Listing and Financial Details

  • Property Available on 10/11/24
  • Month-to-Month Lease Term
  • Assessor Parcel Number 2GIBBSAVANEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 2 Units
  • Gibbs/Bliss Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,132

Year Built

Built in 1988

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-10-11
  • Security Deposit: 2800.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Gibbs/Bliss
  • Above Grade Finished Sq Ft: 1763.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1988
  • Pets No Pets Comments: Cats,Pets Negotiable
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1763.0
  • Stories: 3
  • Window Features: Thermal Windows

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio, Barbecue, Paved Driveway
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Trash Collection
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 2GIBBSAVANEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2018
Closed on
Jul 31, 2018
Sold by
Cornell Thomas A and Cornell Patricia A
Bought by
Alley Ebon and Alley Kerri
Seller's Agent
Joe Fitzpatrick
RE/MAX Results
Buyer's Agent
John Long
HomeSmart Professionals
List Price
$400,000
Sold Price
$380,000
Premium/Discount to List
-$20,000
-5%
Current Estimated Value
$782,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$402,181
Avg. Annual Appreciation
10.61%
Original Mortgage
$213,000
Outstanding Balance
$130,403
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$651,778

Purchase Details

Closed on
Dec 18, 2007
Sold by
Harding Emily B
Bought by
Cornell Thomas and Cornell Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Alley Ebon $380,000 --
Cornell Thomas $288,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alley Ebon $213,000
Previous Owner Cornell Thomas $234,100
Previous Owner Cornell Thomas $230,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Rented $2,700 -3.6% --
11/11/2024 11/11/24 Under Contract -- -- --
10/11/2024 10/11/24 For Rent $2,800 +5.7% --
06/29/2022 06/29/22 Rented $2,650 -5.4% --
05/27/2022 05/27/22 For Rent $2,800 0.0% --
05/23/2022 05/23/22 Under Contract -- -- --
04/19/2022 04/19/22 For Rent $2,800 +7.7% --
11/01/2021 11/01/21 Rented $2,600 0.0% --
10/02/2021 10/02/21 Under Contract -- -- --
09/10/2021 09/10/21 For Rent $2,600 +13.0% --
05/06/2020 05/06/20 Rented $2,300 -4.2% --
04/06/2020 04/06/20 Under Contract -- -- --
03/18/2020 03/18/20 For Rent $2,400 0.0% --
07/31/2018 07/31/18 Sold $380,000 -5.0% $216 / Sq Ft
07/01/2018 07/01/18 Pending -- -- --
05/08/2018 05/08/18 For Sale $400,000 -- $227 / 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
2025 $3,132 $436,200 $0 $436,200
2024 $3,586 $436,200 $0 $436,200
2023 $2,883 $290,600 $0 $290,600
2022 $2,793 $290,600 $0 $290,600
2021 $2,711 $290,600 $0 $290,600
2020 $2,372 $230,700 $0 $230,700
2019 $2,372 $230,700 $0 $230,700
2018 $2,305 $230,700 $0 $230,700
2017 $2,685 $239,500 $0 $239,500
2016 $2,618 $239,500 $0 $239,500
2015 $2,555 $239,500 $0 $239,500
2014 $2,764 $229,200 $0 $229,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1370743

State-Wide MLS

APN: NEWP-000006-000252-A000000