244 Gibbs Ave Newport, RI 02840
Eustis-Easton's Pond Neighborhood
5
Beds
2.5
Baths
2,348
Sq Ft
3,825
Sq Ft Lot
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 2024Welcome 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
Edge Realty RI License #RES.0043385 Listed on: 04/16/2024
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
- Heating System Uses Steam
- 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
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
Total Days on Market
97
Views
143
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
-$35,554
Avg. Annual Appreciation
-4.49%
Original Mortgage
$1,440,000
Outstanding Balance
$1,430,116
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$302,476
Purchase Details
Closed on
May 31, 2011
Sold by
Mooney Sharon L and Wilson Sharl L M
Bought by
Mirmann Anja
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,800,000 | None Available | |
| Warranty Deed | $1,800,000 | None Available | |
| Warranty Deed | $625,000 | -- | |
| Warranty Deed | $625,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,440,000 | Purchase Money Mortgage | |
| Closed | $1,440,000 | Purchase Money Mortgage |
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
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 | $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
-
Jennifer Holland
J
Seller's Agent in 2024
Jennifer Holland
Edge Realty RI
(513) 746-9830
2 in this area
7 Total Sales
-
Morgan Hollenbeck
Buyer's Agent in 2024
Morgan Hollenbeck
Westcott Properties
(401) 212-6313
1 in this area
66 Total Sales
-
Elizabeth Andrews
Buyer Co-Listing Agent in 2024
Elizabeth Andrews
Westcott Properties
(401) 871-9715
1 in this area
104 Total Sales
-
Kathleen Greenman
Seller's Agent in 2013
Kathleen Greenman
Gustave White Sotheby's Realty
(401) 848-6727
75 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1355817
APN: NEWP-000020-000000-000092
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