$380,000
SOLD JUL 31, 2018 RENTED NOV 18, 2024

2 Gibbs Ave Unit A Newport, RI 02840

3 Beds
1.5 Baths
1,763 Sq Ft
$200/mo HOA Fee

Recently Sold

$216 Per Sq Ft

5% Below List Price

53 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Thermal Windows
  • Deck
  • Tennis Courts
  • Porch

About This Home

As of July 2018

This townhouse style unit has 3 bedrooms and 1.5 baths located on Gibbs Av. The spacious living room has sliders opening to the patio and yard with privacy. Updated eat-in kitchen offers plenty of storage. Large master on the second floor with a second bedroom, full bath, and laundry. The third floor space can function as the third bedroom or bonus space. Low condo fees, off-street parking, and a location with both easy access to downtown Newport and the bridge and Navy base.

Last Agent to Sell the Property

Joe Fitzpatrick

RE/MAX Results Listed on: 05/08/2018

RE/MAX Results

Last Buyer's Agent

John Long

HomeSmart Professionals License #RES.0041079

HomeSmart Professionals

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 1988

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Timeshare
  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

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
  • Porch

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

  • Tax Lot 252
  • Assessor Parcel Number 2GIBBSAVANEWP

Community Details

Overview

  • 2 Units
  • Gibbs/ Bliss Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,685

Year Built

Built in 1988

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Gibbs/ Bliss
  • Above Grade Finished Sq Ft: 1763.0
  • Building Name: Gibbs Gardens
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1988
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • 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)
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1763.0
  • Stories: 3
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

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
  • Electric: Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water 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
  • Association Fee: 200.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Timeshare

Lot Info

  • Parcel #: 2GIBBSAVANEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 2685.0
  • Tax Lot: 252
  • Tax Year: 2017

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
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 Type Sale Price Title Company
Deed $380,000 --
Deed $288,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,000 Purchase Money Mortgage
Previous Owner $234,100 No Value Available
Previous Owner $230,400 Purchase Money Mortgage
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: 1190805

State-Wide MLS

APN: NEWP-000006-000252-A000000