259 Gibbs Ave Unit 1 Newport, RI 02840
Eustis-Easton's Pond NeighborhoodEstimated Value: $792,874
2
Beds
1
Bath
1,169
Sq Ft
$351/mo
HOA Fee
Highlights
- Marina
- Deck
- Corner Lot
- Golf Course Community
- Wood Flooring
- 2-minute walk to J Paul Braga Junior Memorial Field
About This Home
As of December 2023Welcome to this highly sought-after first-floor unit that combines the best of both worlds: the comfort of a single-family home with the convenience and amenities of a condominium. With its separate entrance and large private deck, this desirable residence offers a unique living experience. Meticulously renovated, this unit seamlessly blends modern updates with historic charm. Inside, you'll find generously sized rooms with brilliant hardwood floors and high ceilings that create a welcoming and spacious atmosphere. The original fireplace in the oversized living room adds character and warmth, while the formal dining room provides an ideal setting for hosting memorable gatherings. This two bedroom unit offers great natural light from the large windows. A bonus room offers flexibility for a home office, storage or an additional living space. Let your culinary skills shine in the chef's kitchen, complete with high end appliances and washer/dryer in unit for added convenience. One garage space and 1 assigned parking spot in the driveway ensures hassle-free parking options, while deeded storage in the basement provides ample space for your belongings.This beautifully renovated unit presents an exceptional opportunity to embrace modern comfort while preserving its historical allure. Experience a lifestyle that seamlessly combines elegance and practicality. Don't miss out on making this remarkable property your own. Schedule a viewing today!
Last Listed By
Hogan Associates Christie's Brokerage Phone: 774-263-5385 License #RES.0046366 Listed on: 11/14/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,142
Year Built
- Built in 1900
Lot Details
- 0.28
HOA Fees
- $351 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Garage Door Opener
- Driveway
- Assigned Parking
Home Design
- Stone Foundation
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 1,169 Sq Ft Home
- 3-Story Property
- Fireplace Features Masonry
- Storage Room
- Utility Room
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Deck
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Oil Water Heater
Listing and Financial Details
- Tax Lot 004
- Assessor Parcel Number 259GIBBSAV1NEWP
Community Details
Overview
- Association fees include ground maintenance, parking, snow removal, trash
- 7 Units
- Kay/Catherine Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
- Community Storage Space
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2024
Sold by
Mavrides Marcia J
Bought by
Gibbs Ave Llc
Total Days on Market
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 2024
Sold by
259 Gibbs Ave Llc
Bought by
Guglielmo Daniel C and Guglielmo Barbara P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 14, 2023
Closed on
Dec 11, 2023
Sold by
259 Gibbs Llc
Bought by
Fraser Denise
Seller's Agent
Kathleen Wilson
Hogan Associates Christie's
Buyer's Agent
Heather Galvin
Gustave White Sotheby's Realty
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Views
280
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 14, 2023
Closed on
Oct 31, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Thim Colby P
Seller's Agent
Kathleen Wilson
Hogan Associates Christie's
Buyer's Agent
Heather Galvin
Gustave White Sotheby's Realty
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Views
280
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Nov 14, 2023
Closed on
Oct 18, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Mavrides Marcia J
Seller's Agent
Kathleen Wilson
Hogan Associates Christie's
Buyer's Agent
Heather Galvin
Gustave White Sotheby's Realty
List Price
$799,000
Sold Price
$785,000
Premium/Discount to List
-$14,000
-1.75%
Views
280
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 28, 2023
Sold by
Paras Jack N
Bought by
259 Gibbs Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 26, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Kovacs Peter and Kovacs Ruth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 25, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Aubin Marisa C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 2, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Paras Jack N
Purchase Details
Closed on
Jan 30, 2023
Sold by
Fleury Properties Llc
Bought by
259 Gibbs Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 2, 2022
Sold by
Corey Robert E
Bought by
Fleury Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,450,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
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
Similar Homes in Newport, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gibbs Ave Llc | -- | None Available | |
| Gibbs Ave Llc | -- | None Available | |
| Guglielmo Daniel C | $500,000 | None Available | |
| Guglielmo Daniel C | $500,000 | None Available | |
| Fraser Denise | $785,000 | None Available | |
| Fraser Denise | $785,000 | None Available | |
| Thim Colby P | $440,000 | None Available | |
| Thim Colby P | $440,000 | None Available | |
| Mavrides Marcia J | $505,000 | None Available | |
| Mavrides Marcia J | $505,000 | None Available | |
| 259 Gibbs Ave Llc | -- | None Available | |
| 259 Gibbs Ave Llc | -- | None Available | |
| Kovacs Peter | $630,000 | None Available | |
| Kovacs Peter | $630,000 | None Available | |
| Aubin Marisa C | $444,000 | None Available | |
| Aubin Marisa C | $444,000 | None Available | |
| Paras Jack N | $429,000 | None Available | |
| Paras Jack N | $429,000 | None Available | |
| 259 Gibbs Ave Llc | $2,100,000 | None Available | |
| 259 Gibbs Ave Llc | $2,100,000 | None Available | |
| Fleury Properties Llc | $2,109,500 | None Available | |
| Fleury Properties Llc | $2,109,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Guglielmo Daniel C | $400,000 | |
| Previous Owner | Thim Colby P | $240,000 | |
| Previous Owner | Aubin Marisa C | $355,200 | |
| Previous Owner | 259 Gibbs Ave Llc | $2,405,000 | |
| Previous Owner | 259 Gibbs Ave Llc | $2,450,000 | |
| Previous Owner | Fleury Properties Llc | $2,375,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/12/2023 12/12/23 | Sold | $785,000 | -1.8% | $672 / Sq Ft |
| 12/03/2023 12/03/23 | Pending | -- | -- | -- |
| 11/14/2023 11/14/23 | For Sale | $799,000 | -- | $683 / 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 | $10,142 | $1,625,100 | $495,000 | $1,130,100 |
| 2023 | $10,142 | $1,022,400 | $405,000 | $617,400 |
| 2022 | $9,800 | $1,019,800 | $405,000 | $614,800 |
| 2021 | $9,515 | $1,019,800 | $405,000 | $614,800 |
| 2020 | $9,042 | $879,600 | $461,500 | $418,100 |
| 2019 | $9,042 | $879,600 | $461,500 | $418,100 |
| 2018 | $8,787 | $879,600 | $461,500 | $418,100 |
| 2017 | $8,716 | $777,500 | $282,400 | $495,100 |
| 2016 | $8,498 | $777,500 | $282,400 | $495,100 |
| 2015 | $8,296 | $777,500 | $282,400 | $495,100 |
| 2014 | $9,324 | $773,100 | $308,000 | $465,100 |
Source: Public Records
Agents Affiliated with this Home
-
Kathleen Wilson
K
Seller's Agent in 2023
Kathleen Wilson
Hogan Associates Christie's
(774) 263-5385
7 in this area
21 Total Sales
-
Hillary Olinger
Seller Co-Listing Agent in 2023
Hillary Olinger
Hogan Associates Christie's
(401) 225-1705
8 in this area
50 Total Sales
-
Heather Galvin
H
Buyer's Agent in 2023
Heather Galvin
Gustave White Sotheby's Realty
(401) 207-6121
1 in this area
19 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1348049
APN: NEWP-000023-000000-000004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
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