$792,874
RENTED AUG 28, 2024

259 Gibbs Ave Unit 6 Newport, RI 02840

Eustis-Easton's Pond Neighborhood
2 Beds
1.5 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 $5,224/month

Highlights

  • Marina
  • Golf Course Community
  • Attic
  • Beach Access
  • Wood Flooring
  • 2-minute walk to J Paul Braga Junior Memorial Field

About This Home

As of August 2024

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.

Last Agent to Rent the Property

Tyler Gammons

BHHS Commonwealth Real Estate License #RES.0035750 Listed on: 07/12/2024

BHHS Commonwealth Real Estate

Last Renter's Agent

Karin Jackson

Lila Delman Compass

Lila Delman Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,142

Year Built

  • Built in 1900

Lot Details

  • 0.28

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,247 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Wood Flooring
  • Attic

Kitchen

  • <<OvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 10/15/24
  • Month-to-Month Lease Term
  • Assessor Parcel Number 259GIBBSAV6NEWP

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,142

Year Built

Built in 1900

Lot Details

0

Parking

1

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2024-10-15
  • Security Deposit: 2500.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 1247.0
  • Building Name: Mason House on Gibbs
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1900
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Tub Shower, Furnished
  • Living Area: 1247.0

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Paved Driveway

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Parking, Trash Collection
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 259GIBBSAV6NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 7

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
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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
Source: State-Wide MLS

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

    Landlord'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

    Tenant's Agent in 2024

    Karin Jackson

    Lila Delman Compass

    (401) 338-3771

    8 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
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Map

Source: State-Wide MLS

MLS Number: 1363636

State-Wide MLS

APN: NEWP-000023-000000-000004

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

259 Gibbs Ave Unit 6, Newport, RI

This home is located at 259 Gibbs Ave Unit 6, Newport, RI 02840 since 12 July 2024 and is currently priced at $792,874. This property was built in 1900. 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.

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