233 Gibbs Ave Newport, RI 02840
Eustis-Easton's Pond NeighborhoodEstimated Value: $1,719,000 - $1,942,401
4
Beds
2.5
Baths
2,406
Sq Ft
$760/Sq Ft
Est. Value
Highlights
- Marina
- Deck
- Tennis Courts
- Colonial Architecture
- Wood Flooring
- 2-minute walk to J Paul Braga Junior Memorial Field
About This Home
As of February 2023Located on a charming tree-lined street, just 5 blocks up from the beach sits 233 Gibbs Avenue. This turn key colonial home has recently undergone a complete renovation. Seamlessly blending modern amenities with a coastal, beach house vibe, this property is the perfect sanctuary from a long day by the surf and sand. The first level offers an open-flow floorpan with living, dining and kitchen- complemented by an adjoining enclosed, heated porch, accessible through French doors, which can be used as guest quarters, home office and more. Lovely hardwood flooring throughout, great ceiling height and a sleek, modern kitchen featuring an oversized quartz island in the center, Subzero refrigerator, Wolf custom cabinetry and a Thermidor gas stove. Upstairs, there are two nice sized bedrooms which share a chic hall bathroom with laundry as well as a sun-drenched primary bedroom complete with an en suite bathroom. The third level features a super spacious 4th bedroom with cedar closet and a sky light- this room could also be used as a home gym, family room, office or playroom. Outside, enjoy the perfectly sized yard, low maintenance deck and detached one-car garage which can fit one smaller car, but also beach chairs, bikes and surfboards.
Last Listed By
Gustave White Sotheby's Realty License #RES.0035659 Listed on: 12/12/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,292
Year Built
- Built in 1919
Lot Details
- 6,534
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Colonial Architecture
- Combination Foundation
- Clapboard
Interior Spaces
- 2,406 Sq Ft Home
- 3-Story Property
- Skylights
- Thermal Windows
- Storage Room
- Utility Room
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Cedar Closet
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Deck
- Porch
Utilities
- Ductless Heating Or Cooling System
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Heat Pump System
- Baseboard Heating
- 200+ Amp Service
- Tankless Water Heater
- Gas Water Heater
Additional Features
- 6,534 Sq Ft Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 073
- Assessor Parcel Number 233GIBBSAVNEWP
Community Details
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Additional Features
- Kay Catherine Subdivision
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 12, 2022
Closed on
Feb 2, 2023
Sold by
Decker Patricia P
Bought by
Paras Nicholas and Paras Karen L
Seller's Agent
Rebecca King
Gustave White Sotheby's Realty
Buyer's Agent
Robert Sullivan
Edge Realty RI
List Price
$1,650,000
Sold Price
$1,650,000
Total Days on Market
21
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,600
Avg. Annual Appreciation
4.47%
Original Mortgage
$650,000
Outstanding Balance
$630,850
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,193,723
Purchase Details
Listed on
Sep 9, 2020
Closed on
Sep 25, 2020
Sold by
Valente William R
Bought by
Decker Patricia P
Seller's Agent
Donna Prescott
New England Properties
Buyer's Agent
Rebecca King
Gustave White Sotheby's Realty
List Price
$1,100,000
Sold Price
$1,157,000
Premium/Discount to List
$57,000
5.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%
Purchase Details
Closed on
Feb 15, 2018
Sold by
Allen Thomas S and Allen Dorothy S
Bought by
Valente William R
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Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Paras Nicholas | $1,650,000 | None Available | |
| Decker Patricia P | $1,160,000 | None Available | |
| Valente William R | $446,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Paras Nicholas | $650,000 | |
| Closed | Paras Karen L | $650,000 | |
| Previous Owner | Decker Patricia P | $750,000 | |
| Previous Owner | Valente William R | $250,000 | |
| Previous Owner | Allen Thomas S | $44,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/02/2023 02/02/23 | Sold | $1,650,000 | 0.0% | $686 / Sq Ft |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- |
| 12/12/2022 12/12/22 | For Sale | $1,650,000 | +42.6% | $686 / Sq Ft |
| 10/06/2020 10/06/20 | Sold | $1,157,000 | +5.2% | $481 / Sq Ft |
| 09/09/2020 09/09/20 | For Sale | $1,100,000 | -- | $457 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $11,393 | $1,386,000 | $520,900 | $865,100 |
| 2023 | $9,593 | $967,000 | $342,900 | $624,100 |
| 2022 | $9,293 | $967,000 | $342,900 | $624,100 |
| 2021 | $9,022 | $967,000 | $342,900 | $624,100 |
| 2020 | $4,812 | $468,100 | $302,800 | $165,300 |
| 2019 | $4,763 | $463,300 | $302,800 | $160,500 |
| 2018 | $4,631 | $463,600 | $302,800 | $160,800 |
| 2017 | $5,155 | $459,900 | $232,900 | $227,000 |
| 2016 | $5,027 | $459,900 | $232,900 | $227,000 |
| 2015 | $4,907 | $459,900 | $232,900 | $227,000 |
| 2014 | $5,139 | $426,100 | $182,100 | $244,000 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca King
Seller's Agent in 2023
Rebecca King
Gustave White Sotheby's Realty
(401) 808-9334
3 in this area
67 Total Sales
-
Robert Sullivan
Buyer's Agent in 2023
Robert Sullivan
Edge Realty RI
(401) 855-9855
3 in this area
14 Total Sales
-
Donna Prescott
Seller's Agent in 2020
Donna Prescott
New England Properties
(401) 339-5000
1 in this area
6 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1326598
APN: NEWP-000020-000000-000073
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