259 Gibbs Ave Unit 3 Newport, RI 02840
Eustis-Easton's Pond Neighborhood
1
Bed
1
Bath
873
Sq Ft
$271/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Recreation Facilities
- Golf Course Community
- Corner Lot
- 2-minute walk to J Paul Braga Junior Memorial Field
About This Home
As of October 2023Presenting a captivating second-floor unit that exudes both style and practicality. The thoughtfully designed layout features spacious rooms, along with a bonus study and a dry bar, perfect for hosting guests and creating lasting memories. Enjoy the inviting ambiance created by high ceilings and stunning original hardwood floors, while an abundance of natural light floods through the large windows. Ample closet space ensures easy organization, and the convenience of laundry and deeded storage in the basement adds functionality to your lifestyle. Additionally, Mason House residents have access to a charming common area complete with comfortable seating and a grill, perfect for outdoor gatherings and relaxation. Assigned parking provides a convenient accommodation for your vehicle. Discover the perfect balance of modern flair, convenience, and community in this remarkable condo, offering a seamless blend of comfort, sophistication, and practicality.
Last Agent to Sell the Property
Hogan Associates Christie's Brokerage Phone: 774-263-5385 License #RES.0046366 Listed on: 07/12/2023
Co-Listed By
Hogan Associates Christie's Brokerage Phone: 774-263-5385 License #RES.0040619
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,142
Year Built
- Built in 1900
HOA Fees
- $271 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Driveway
- Assigned Parking
Home Design
- Stone Foundation
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 873 Sq Ft Home
- 3-Story Property
- Dry Bar
- Storage Room
- Laundry Room
- Utility Room
Kitchen
- <<OvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- <<tubWithShowerToken>>
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Outdoor Features
- Walking Distance to Water
- Patio
- Porch
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Oil Water Heater
Listing and Financial Details
- Tax Lot 004
- Assessor Parcel Number 259GIBBSAV3NEWP
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
- Recreation Facilities
Pet Policy
- Call for details about the types of pets allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2024
Closed on
Apr 16, 2024
Sold by
Mavrides Marcia J
Bought by
Gibbs Ave Llc
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Candice Sandman
Lila Delman Compass
Sold Price
$2,400
Views
14
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
$790,474
Original Mortgage
$400,000
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Feb 27, 2024
Closed on
Mar 15, 2024
Sold by
259 Gibbs Ave Llc
Bought by
Guglielmo Daniel C and Guglielmo Barbara P
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Candice Sandman
Lila Delman Compass
Sold Price
$2,400
Views
14
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
Oct 10, 2023
Closed on
Dec 11, 2023
Sold by
259 Gibbs Llc
Bought by
Fraser Denise
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Thomas Rowley
Edge Realty RI
Sold Price
$1,900
Views
33
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
Oct 10, 2023
Closed on
Oct 31, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Thim Colby P
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Thomas Rowley
Edge Realty RI
Sold Price
$1,900
Views
33
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
Oct 10, 2023
Closed on
Oct 18, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Mavrides Marcia J
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Thomas Rowley
Edge Realty RI
Sold Price
$1,900
Views
33
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
Oct 10, 2023
Closed on
Sep 28, 2023
Sold by
Paras Jack N
Bought by
259 Gibbs Ave Llc
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Thomas Rowley
Edge Realty RI
Sold Price
$1,900
Views
33
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
Oct 10, 2023
Closed on
Sep 26, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Kovacs Peter and Kovacs Ruth
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Thomas Rowley
Edge Realty RI
Sold Price
$1,900
Views
33
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
Oct 10, 2023
Closed on
Sep 25, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Aubin Marisa C
Seller's Agent
Alex Nunes
Edge Realty RI
Buyer's Agent
Thomas Rowley
Edge Realty RI
Sold Price
$1,900
Views
33
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
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 | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $500,000 | None Available | |
| Warranty Deed | $500,000 | None Available | |
| Warranty Deed | $785,000 | None Available | |
| Warranty Deed | $785,000 | None Available | |
| Warranty Deed | $440,000 | None Available | |
| Warranty Deed | $440,000 | None Available | |
| Warranty Deed | $505,000 | None Available | |
| Warranty Deed | $505,000 | None Available | |
| Deed | -- | None Available | |
| Deed | -- | None Available | |
| Warranty Deed | $630,000 | None Available | |
| Warranty Deed | $630,000 | None Available | |
| Warranty Deed | $444,000 | None Available | |
| Warranty Deed | $444,000 | None Available | |
| Warranty Deed | $429,000 | None Available | |
| Warranty Deed | $429,000 | None Available | |
| Warranty Deed | $2,100,000 | None Available | |
| Warranty Deed | $2,100,000 | None Available | |
| Warranty Deed | $2,109,500 | None Available | |
| Warranty Deed | $2,109,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $400,000 | Purchase Money Mortgage | |
| Previous Owner | $240,000 | Purchase Money Mortgage | |
| Previous Owner | $355,200 | Purchase Money Mortgage | |
| Previous Owner | $2,405,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $2,450,000 | Purchase Money Mortgage | |
| Previous Owner | $2,375,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2024 04/01/24 | Rented | $2,400 | -65.7% | -- |
| 02/27/2024 02/27/24 | For Rent | $7,000 | +268.4% | -- |
| 11/01/2023 11/01/23 | Rented | $1,900 | 0.0% | -- |
| 10/20/2023 10/20/23 | Sold | $505,000 | 0.0% | $578 / Sq Ft |
| 10/10/2023 10/10/23 | For Rent | $1,900 | 0.0% | -- |
| 09/14/2023 09/14/23 | Pending | -- | -- | -- |
| 07/12/2023 07/12/23 | For Sale | $519,000 | -- | $595 / 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
-
Alex Nunes
A
Seller's Agent in 2024
Alex Nunes
Edge Realty RI
(401) 316-5083
1 in this area
14 Total Sales
-
Candice Sandman
Buyer's Agent in 2024
Candice Sandman
Lila Delman Compass
(917) 432-7893
3 Total Sales
-
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
-
Thomas Rowley
T
Buyer's Agent in 2023
Thomas Rowley
Edge Realty RI
(401) 374-1006
4 Total Sales
-
Alex Fraioli
Buyer's Agent in 2023
Alex Fraioli
Edge Realty RI
(401) 255-9109
9 in this area
142 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1338175
APN: NEWP-000023-000000-000004
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