246 Gibbs Ave Newport, RI 02840
Eustis-Easton's Pond Neighborhood
4
Beds
3.5
Baths
2,770
Sq Ft
4,845
Sq Ft Lot
Highlights
- Marina
- Golf Course Community
- Marble Flooring
- Water Views
- Deck
- 2-minute walk to J Paul Braga Junior Memorial Field
About This Home
As of September 2024Welcome to 246 Gibbs Ave! You will fall in love with the incredible proximity to everything Newport. 246 is just minutes from the Cliff Walk, First Beach, Bellevue Mansions, Tennis Hall of Fame, Farmers Market, The Wharf & downtown restaurants/shopping. The property has been extensively remodeled both inside & out, including Marvin windows, siding, roof, insulation, solar panels, central air, tankless hot water heater, furnace, whole house generator and much more. Before you come inside, take a few moments and enjoy the beauty of 246 while relaxing on the front porch. Attention to detail & charm are seen throughout this lovely home, including the original hardwood floors seen throughout the 3 floors and the extensive remodel. The chef's kitchen boasts a Bertazzoni gas range, electric wall oven, wine fridge & wet bar. The sellers did the heavy lifting & added a primary bathroom/walk in closet, renovated the second floor full bath and added a charming 3rd floor guest en-suite including rain sensor skylights. With all the hard work done, all that is left to do is enjoy the beauty of Newport and all it has to offer!
Last Agent to Sell the Property
Edge Realty RI License #RES.0043385 Listed on: 07/29/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,656
Year Built
- Built in 1920
Lot Details
- 4,845 Sq Ft Lot
- Security Fence
- Corner Lot
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
Home Design
- Bungalow
- Combination Foundation
- Block Foundation
- Shingle Siding
- Masonry
Interior Spaces
- 3-Story Property
- Wet Bar
- Skylights
- Gas Fireplace
- Thermal Windows
- Workshop
- Storage Room
- Utility Room
- Water Views
- Attic
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
- Storm Windows
- Storm Doors
Eco-Friendly Details
- Solar Water Heater
- Solar Heating System
Outdoor Features
- Walking Distance to Water
- Deck
- Patio
- Porch
Location
- Property near a hospital
Utilities
- Whole House Fan
- Central Heating and Cooling System
- Heating System Uses Gas
- 200+ Amp Service
- Power Generator
- Tankless Water Heater
- Gas Water Heater
Listing and Financial Details
- Tax Lot 198
- Assessor Parcel Number 246GIBBSAVNEWP
Community Details
Overview
- Gibbs 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
Jul 29, 2024
Closed on
Sep 20, 2024
Sold by
Lyons Edward L and Lyons Maricia K
Bought by
Lennox Frank and Lennox Linda
Seller's Agent
Jennifer Holland
Edge Realty RI
Buyer's Agent
Jennifer Holland
Edge Realty RI
List Price
$1,800,000
Sold Price
$1,790,000
Premium/Discount to List
-$10,000
-0.56%
Views
29
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
$21,630
Avg. Annual Appreciation
-2.72%
Purchase Details
Closed on
May 28, 2010
Sold by
Greene Anne C
Bought by
Lyons Edward L and Lyons Marcia K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
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 | $1,790,000 | None Available | |
| Warranty Deed | $1,790,000 | None Available | |
| Deed | $375,000 | -- | |
| Deed | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $450,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $547,000 | No Value Available | |
| Previous Owner | $544,000 | No Value Available | |
| Previous Owner | $417,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2024 09/26/24 | Sold | $1,790,000 | -0.6% | $646 / Sq Ft |
| 08/21/2024 08/21/24 | Pending | -- | -- | -- |
| 07/29/2024 07/29/24 | For Sale | $1,800,000 | -- | $650 / 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 | $7,651 | $1,097,700 | $484,500 | $613,200 |
| 2023 | $7,209 | $726,700 | $319,000 | $407,700 |
| 2022 | $6,984 | $726,700 | $319,000 | $407,700 |
| 2021 | $6,780 | $726,700 | $319,000 | $407,700 |
| 2020 | $6,061 | $589,600 | $285,600 | $304,000 |
| 2019 | $6,061 | $589,600 | $285,600 | $304,000 |
| 2018 | $5,890 | $589,600 | $285,600 | $304,000 |
| 2017 | $5,515 | $492,000 | $219,700 | $272,300 |
| 2016 | $5,378 | $492,000 | $219,700 | $272,300 |
| 2015 | $5,250 | $492,000 | $219,700 | $272,300 |
| 2014 | $4,523 | $375,000 | $171,700 | $203,300 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2024
Jennifer Holland
Edge Realty RI
(513) 746-9830
2 in this area
6 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1364412
APN: NEWP-000020-000000-000198
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