228 Gibbs Ave Newport, RI 02840
Eustis-Easton's Pond Neighborhood
5
Beds
2.5
Baths
2,650
Sq Ft
9,503
Sq Ft Lot
Highlights
- Marina
- Wood Flooring
- 2 Car Detached Garage
- Colonial Architecture
- Walking Distance to Water
- 1-minute walk to J Paul Braga Junior Memorial Field
About This Home
As of October 2020Located on picturesque Gibbs Ave and only a short distance to town, Cliff Walk and First Beach this Dutch Colonial home is a wonderful combination of period detail and modern amenities. Completely redone in the last 7 years the home offers a wonderful open floor plan on the main level that is all centered around a chefs kitchen and a comfortable living room with a wood burning fire place. The south side is anchored with the most settling sun room that includes original wood paneling and walls of windows. The north side has an additional TV room or formal dining area, a huge pantry, half bath and a terrific mud area. The home includes 5 bedrooms and 2 baths that are spread out over the second and third floor and the new master bath has a huge shower and separate soaking tub. Throughout the house the original woodwork was maintained and includes hardwood fir floors, custom moldings and and a beautiful staircase. Additionally the home was updated with new windows and improved electric and plumbing. Sited on nearly a 1/4 acre the the lot is loaded with mature trees that offer plenty of privacy to your large stone patio, a two car garage and fenced yard complete the package.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,765
Year Built
- Built in 1921
Lot Details
- 9,503 Sq Ft Lot
- Property is zoned R-10
Parking
- 2 Car Detached Garage
Home Design
- Colonial Architecture
- Shingle Siding
- Concrete Perimeter Foundation
- Clapboard
Interior Spaces
- 2,650 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Uses Gas
- 200+ Amp Service
- Gas Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 130
- Assessor Parcel Number 228GIBBSAVNEWP
Community Details
Recreation
- Marina
Additional Features
- Kay/Catherine Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 27, 2022
Sold by
Dipietro Louis
Bought by
Louis Dipietro T and Louis Dipietro
Total Days on Market
135
Current Estimated Value
Purchase Details
Listed on
Apr 26, 2020
Closed on
Oct 8, 2020
Sold by
Remy Beth A and Remy Kimberly A
Bought by
Dipietro Louis
Seller's Agent
Eric Kirton
Compass / Lila Delman Compass
Buyer's Agent
Eric Kirton
Compass / Lila Delman Compass
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.06%
Original Mortgage
$880,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 24, 2013
Closed on
Nov 8, 2013
Sold by
Westhoven Shawn M and Westhoven Allison E
Bought by
Remy Beth A and Remy Kimberly A
Seller's Agent
Betsy Leerssen
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Eric Kirton
Compass / Lila Delman Compass
List Price
$839,000
Sold Price
$820,000
Premium/Discount to List
-$19,000
-2.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$656,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 17, 2009
Sold by
L H Estates Llc
Bought by
Westhoven Shawn and Westhoven Allison E
Purchase Details
Closed on
Sep 2, 1993
Sold by
Leys William H Est
Bought by
Leys Paul A and Leys Margaret
Map
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Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $100,000 | None Available | |
| Warranty Deed | $820,000 | -- | |
| Deed | $565,000 | -- | |
| Warranty Deed | $136,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $135,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $880,000 | New Conventional | |
| Previous Owner | $638,550 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $656,000 | Purchase Money Mortgage | |
| Previous Owner | $147,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/09/2020 10/09/20 | Sold | $1,100,000 | -12.0% | $415 / Sq Ft |
| 09/09/2020 09/09/20 | Pending | -- | -- | -- |
| 04/26/2020 04/26/20 | For Sale | $1,250,000 | +52.4% | $472 / Sq Ft |
| 11/07/2013 11/07/13 | Sold | $820,000 | -2.3% | $340 / Sq Ft |
| 10/08/2013 10/08/13 | Pending | -- | -- | -- |
| 09/24/2013 09/24/13 | For Sale | $839,000 | -- | $348 / Sq Ft |
Source: State-Wide MLS
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 | $9,811 | $1,407,600 | $589,100 | $818,500 |
| 2023 | $9,351 | $942,600 | $387,800 | $554,800 |
| 2022 | $9,058 | $942,600 | $387,800 | $554,800 |
| 2021 | $8,794 | $942,600 | $387,800 | $554,800 |
| 2020 | $6,862 | $667,500 | $337,500 | $330,000 |
| 2019 | $6,862 | $667,500 | $337,500 | $330,000 |
| 2018 | $6,668 | $667,500 | $337,500 | $330,000 |
| 2017 | $6,464 | $576,600 | $259,600 | $317,000 |
| 2016 | $6,302 | $576,600 | $259,600 | $317,000 |
| 2015 | $6,152 | $576,600 | $259,600 | $317,000 |
| 2014 | $6,088 | $504,800 | $203,000 | $301,800 |
Source: Public Records
Source: State-Wide MLS
MLS Number: 1252317
APN: NEWP-000020-000000-000130
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