259 Gibbs Ave Unit 7 Newport, RI 02840
Eustis-Easton's Pond Neighborhood
1
Bed
1
Bath
723
Sq Ft
$224/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Corner Lot
- Golf Course Community
- Attic
- 2-minute walk to J Paul Braga Junior Memorial Field
About This Home
As of June 2023Enjoy easy access to all that Newport has to offer in this charming, fully renovated residence in the desirable Kay/Catherine neighborhood. This unit features a private entrance with a fully renovated kitchen and bathroom. Additional appealing features to this unit include a study/second bedroom option and a modern dry bar complete with a wine refrigerator in the living area, making this unit ideal for entertaining. Amenities include In unit washer and dryer, professionally managed association, assigned parking, deeded storage in the garage and a common outdoor seating area with fire pit and grill. Superb location with walkability to town, Cliff Walk, beaches, tennis, schools and recreation. Garage opportunity available. Assessment and all taxes to be determined at closing.
Last Agent to Sell the Property
Hogan Associates Christie's Brokerage Phone: 774-263-5385 License #RES.0046366
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
- $224 Monthly HOA Fees
Home Design
- Slab Foundation
- Shingle Siding
Interior Spaces
- 723 Sq Ft Home
- 2-Story Property
- Dry Bar
- Laundry in unit
- Attic
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
- Bathtub with Shower
Parking
- 1 Car Attached Garage
- Driveway
- Assigned Parking
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Underground Utilities
- 100 Amp Service
- Oil Water Heater
Additional Features
- Walking Distance to Water
- Property near a hospital
Listing and Financial Details
- Tax Lot 004
- Assessor Parcel Number 259GIBBSAV7NEWP
Community Details
Overview
- Association fees include hot water, 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
- Pet Size Limit
- Dogs and Cats 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
32
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
Oct 30, 2023
Closed on
Dec 11, 2023
Sold by
259 Gibbs Llc
Bought by
Fraser Denise
Seller's Agent
Robert Sullivan
Edge Realty RI
Buyer's Agent
Robert Sullivan
Edge Realty RI
Sold Price
$2,400
Views
30
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 30, 2023
Closed on
Oct 31, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Thim Colby P
Seller's Agent
Robert Sullivan
Edge Realty RI
Buyer's Agent
Robert Sullivan
Edge Realty RI
Sold Price
$2,400
Views
30
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 30, 2023
Closed on
Oct 18, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Mavrides Marcia J
Seller's Agent
Robert Sullivan
Edge Realty RI
Buyer's Agent
Robert Sullivan
Edge Realty RI
Sold Price
$2,400
Views
30
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 30, 2023
Closed on
Sep 28, 2023
Sold by
Paras Jack N
Bought by
259 Gibbs Ave Llc
Seller's Agent
Robert Sullivan
Edge Realty RI
Buyer's Agent
Robert Sullivan
Edge Realty RI
Sold Price
$2,400
Views
30
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 30, 2023
Closed on
Sep 26, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Kovacs Peter and Kovacs Ruth
Seller's Agent
Robert Sullivan
Edge Realty RI
Buyer's Agent
Robert Sullivan
Edge Realty RI
Sold Price
$2,400
Views
30
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 30, 2023
Closed on
Sep 25, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Aubin Marisa C
Seller's Agent
Robert Sullivan
Edge Realty RI
Buyer's Agent
Robert Sullivan
Edge Realty RI
Sold Price
$2,400
Views
30
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
Apr 19, 2023
Closed on
Jun 2, 2023
Sold by
259 Gibbs Ave Llc
Bought by
Paras Jack N
Seller's Agent
Kathleen Wilson
Hogan Associates Christie's
Buyer's Agent
Robert Sullivan
Edge Realty RI
List Price
$429,000
Sold Price
$429,000
Views
48
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
Map
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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 | 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 |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Rented | $2,400 | -4.0% | -- |
| 10/30/2023 10/30/23 | For Rent | $2,500 | 0.0% | -- |
| 06/05/2023 06/05/23 | Sold | $429,000 | 0.0% | $593 / Sq Ft |
| 05/22/2023 05/22/23 | Pending | -- | -- | -- |
| 04/19/2023 04/19/23 | For Sale | $429,000 | -- | $593 / Sq Ft |
Source: State-Wide MLS
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
Source: State-Wide MLS
MLS Number: 1333196
APN: NEWP-000023-000000-000004
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