NOT LISTED FOR SALE

Estimated Value: $1,543,000 - $2,008,000

5 Beds
2.5 Baths
2,348 Sq Ft
$760/Sq Ft Est. Value

Last Sold August 01, 2024

Last sale price $1,800,000 $767 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,351/month

97 Days on Market

Highlights

  • Marina
  • Water Access
  • Wood Flooring
  • Golf Course Community
  • Wood Burning Stove
  • 2-minute walk to J Paul Braga Junior Memorial Field

About This Home

As of August 2024

Welcome to 244 Gibbs Ave! This well appointed turnkey home is located in one of the most desirable neighborhoods in Newport. 244 Gibbs is just a short stroll to the beaches, Bellevue Mansions, Cliff Walk, The Wharf & downtown restaurants/shopping. From the moment you enter the front porch through the perennial gardens you will appreciate the attention to detail & design. Once inside the home the abundance of natural light evoke a feeling of peace & serenity. This meticulously maintained home offers 5 bedrooms and 2.5 bathrooms, including a 3rd floor primary/guest suite and original hardwoods throughout. Seasonal water views from every level enhance the beauty of this unique home. The main floor is an entertainer's dream with the generous sun-filled living & dining areas. The interior space blending seamlessly with the outdoors & patio through the french doors in the dining room. Original brickwork & a wood plank ceiling accent the chef's kitchen where you will find a working island, Viking Cooktop/Oven and Liebherr Refrigerator. A sizable butler's pantry offers additional storage and access to the backyard. The secluded fully fenced in backyard evokes a sense of tranquility with upper and lower levels for dining/entertaining and mature landscaping. An outside shower and access to the walk-in basement/laundry and garage complete the backyard.

Last Agent to Sell the Property

Jennifer Holland

Edge Realty RI License #RES.0043385 Listed on: 04/16/2024

Last Buyer's Agent

Morgan Hollenbeck

Westcott Properties License #RES.0031524

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,800

Year Built

  • Built in 1920

Lot Details

  • 3,825 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Bungalow
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,348 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 1 Fireplace
  • Wood Burning Stove
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Water Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 092
  • Assessor Parcel Number 244GIBBSAVNEWP

Community Details

Overview

  • Gibbs Ave/Champlin Street Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,800

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.0878
  • Subdivision Name: Gibbs Ave/Champlin Street
  • Above Grade Finished Sq Ft: 2348.0
  • Architectural Style: Bungalow
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1920
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Bathtub, Skylights, Tub Shower, Wood Burning Stove
  • Living Area: 2348.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Water Access, Walk to Water
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3825.0
  • Parcel #: 244GIBBSAVNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8800.0
  • Tax Lot: 092
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Aug 1, 2024
Sold by
Rodgers Richard and Flaherty Maureen
Bought by
Matarazzo Katherine A and Decaro Christopher
Seller's Agent
Jennifer Holland
Edge Realty RI
Buyer's Agent
Morgan Hollenbeck
Westcott Properties
List Price
$1,800,000
Sold Price
$1,800,000
Views
143
Current Estimated Value
$1,784,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,698
Avg. Annual Appreciation
-0.75%
Original Mortgage
$1,440,000
Outstanding Balance
$1,423,705
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,597

Purchase Details

Closed on
May 31, 2011
Sold by
Mooney Sharon L and Wilson Sharl L M
Bought by
Mirmann Anja
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
Matarazzo Katherine A $1,800,000 None Available
Matarazzo Katherine A $1,800,000 None Available
Mirmann Anja $625,000 --
Mirmann Anja $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matarazzo Katherine A $1,440,000
Closed Matarazzo Katherine A $1,440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Sold $1,800,000 +9.1% $767 / Sq Ft
07/23/2024 07/23/24 Pending -- -- --
06/21/2024 06/21/24 Price Changed $1,649,500 -5.5% $703 / Sq Ft
05/26/2024 05/26/24 Price Changed $1,745,000 -3.1% $743 / Sq Ft
04/16/2024 04/16/24 For Sale $1,800,000 0.0% $767 / Sq Ft
07/17/2019 07/17/19 Rented $3,500 -12.5% --
06/17/2019 06/17/19 Under Contract -- -- --
08/13/2018 08/13/18 For Rent $4,000 0.0% --
05/08/2013 05/08/13 Sold $697,500 -6.9% $297 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
03/04/2013 03/04/13 For Sale $749,000 -- $319 / 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 $10,687 $1,230,000 $461,600 $768,400
2024 $10,111 $1,230,000 $461,600 $768,400
2023 $7,988 $805,200 $303,900 $501,300
2022 $7,738 $805,200 $303,900 $501,300
2021 $7,513 $805,200 $303,900 $501,300
2020 $6,574 $639,500 $282,800 $356,700
2019 $6,574 $639,500 $282,800 $356,700
2018 $6,389 $639,500 $282,800 $356,700
2017 $6,665 $594,600 $217,400 $377,200
2016 $6,499 $594,600 $217,400 $377,200
2015 $6,344 $594,600 $217,400 $377,200
2014 $6,243 $517,700 $170,000 $347,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1355817

State-Wide MLS

APN: NEWP-000020-000000-000092