$792,874
RENTED AUG 28, 2024

259 Gibbs Ave Unit 6 Newport, RI 02840

Eustis-Easton's Pond Neighborhood
2 Beds
2 Baths
1,247 Sq Ft
$636 Price per Sq Ft

Last Sold September 27, 2023

Last sale price $630,000 $505 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,262/month

About This Home

As of September 2023

Winter Rental - Welcome to 259 Gibbs, Unit 6 - Your newly renovated fully furnished townhome-style condo. This 2-bedroom, 1.5 bathroom condo is a hidden gem in a sought-after neighborhood, boasting beautiful hardwood floors, new kitchen and bathrooms, laundry in unit, garage for added storage, two generous sized bedrooms & outdoor common dining and seating area. This unit comes with 2 off street parking spaces. Available 10/15/2024.

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
Current Estimated Value
$792,874

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
Oct 19, 2023
Closed on
Dec 11, 2023
Sold by
259 Gibbs Llc
Bought by
Fraser Denise
Seller's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Sold Price
$2,450
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 19, 2023
Closed on
Oct 31, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Thim Colby P
Seller's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Sold Price
$2,450
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 19, 2023
Closed on
Oct 18, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Mavrides Marcia J
Seller's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Sold Price
$2,450
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 19, 2023
Closed on
Sep 28, 2023
Sold by
Paras Jack N
Bought by
259 Gibbs Ave Llc
Seller's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Sold Price
$2,450
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 19, 2023
Closed on
Sep 26, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Kovacs Peter and Kovacs Ruth
Seller's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Sold Price
$2,450
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 19, 2023
Closed on
Sep 25, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Aubin Marisa C
Seller's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Buyer's Agent
Tyler Gammons
BHHS Commonwealth Real Estate
Sold Price
$2,450
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

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
08/28/2024 08/28/24 Rented $2,250 0.0% --
08/05/2024 08/05/24 Price Changed $2,250 -10.0% $2 / Sq Ft
07/12/2024 07/12/24 For Rent $2,500 +2.0% --
11/21/2023 11/21/23 Rented $2,450 -2.0% --
10/19/2023 10/19/23 For Rent $2,500 0.0% --
09/27/2023 09/27/23 Sold $630,000 -2.9% $505 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $649,000 0.0% $520 / Sq Ft
08/30/2023 08/30/23 For Sale $649,000 +4.8% $520 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $619,000 -- $496 / Sq Ft

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
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

  • Tyler Gammons

    Seller's Agent in 2024

    Tyler Gammons

    BHHS Commonwealth Real Estate

    (401) 886-6100

    2 in this area

    91 Total Sales

    Tyler Gammons
    Section Image
  • Karin Jackson

    Buyer's Agent in 2024

    Karin Jackson

    Compass / Lila Delman Compass

    (401) 338-3771

    9 in this area

    159 Total Sales

    Karin Jackson
    Section Image

  • K

    Seller's Agent in 2023

    Kathleen Wilson

    Hogan Associates Christie's

    (774) 263-5385

    7 in this area

    21 Total Sales

    Kathleen Wilson
    Section Image
  • Hillary Olinger

    Seller Co-Listing Agent in 2023

    Hillary Olinger

    Hogan Associates Christie's

    (401) 225-1705

    8 in this area

    50 Total Sales

    Hillary Olinger
    Section Image
See All Agents

Map

Rhode Island Newport County Newport 02840 Eustis-Easton's Pond

259 Gibbs Ave Unit 6, Newport, RI

Homes for Sale in Newport, RI

This home is located at 259 Gibbs Ave Unit 6, Newport, RI 02840 and is currently priced at $792,874, approximately $635 per square foot. 259 Gibbs Ave Unit 6 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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.

Nearby Homes