NOT LISTED FOR SALE

29 Gibbs Ave Unit 1 Newport, RI 02840

Estimated Value: $496,000 - $541,000

2 Beds
1 Bath
967 Sq Ft
$255/mo HOA Fee

Last Sold October 28, 2016

Last sale price $230,000 $238 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $3,390/month

106 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Public Transportation
  • Wood Flooring
  • Cul-De-Sac
  • Shops

About This Home

As of October 2016

Charming and bright first floor condo with gleaming hardwoods, built ins, and updated kitchen with granite. Centrally located in the Bliss / Gibbs neighborhood with easy access to all Newport has to offer.

Last Agent to Sell the Property

Lea Savas

Edge Realty RI License #RES.0035438 Listed on: 06/13/2016

Last Buyer's Agent

Annie Becker

Lila Delman Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,060

Year Built

  • Built in 1850

Lot Details

  • 5,571

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Clapboard

Interior Spaces

  • 967 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Oil Water Heater

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 29GIBBSAV1NEWP

Community Details

Overview

  • Bliss / Gibbs Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,060

Year Built

Built in 1850

Lot Details

0

HOA Fees

$255 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1279
  • Subdivision Name: BLISS / GIBBS
  • Above Grade Finished Sq Ft: 967.0
  • Building Name: Sycamore Gardens
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1850
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 967.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Construction Type: Clapboard
  • Foundation Details: Combination

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 5571.0
  • Parcel #: 29GIBBSAV1NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 3060.0
  • Tax Lot: 41
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Oct 31, 2016
Sold by
Widmann Michael R and Widmann Stephanie T
Bought by
Estrada Jacqueline S
Seller's Agent
Lea Savas
Edge Realty RI
Buyer's Agent
Annie Becker
Lila Delman Real Estate
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Total Days on Market
106
Current Estimated Value
$518,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,139
Avg. Annual Appreciation
9.66%
Original Mortgage
$184,000
Outstanding Balance
$150,046
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$358,257

Purchase Details

Closed on
Mar 16, 2005
Sold by
Summer Wind Prop
Bought by
Widmann Michael R and Widmann Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Newport, RI

  • 23 Smith Ave Unit 2, Newport, RI 02840

    $495,000

    • 2 Beds
    • 1 Bath
    • 1,270 Sq Ft
    • 23 Smith Ave
    • Unit 2
    • Newport, RI

    Discover your perfect home in this charming property that boasts a blend of comfort and style. Featuring 2 bedrooms and 1,270 sq ft of thoughtfully designed living space. The eat-in kitchen and dining room with a cozy reading alcove provide the perfect settings for both intimate meals and entertaining guests. Enjoy relaxation in the spacious living room with a working brick fireplace, or step

    Chad Kritzas HomeSmart Professionals

    Section Image
  • 45 Ayrault St Unit 8, Newport, RI 02840

    $450,000

    • 2 Beds
    • 1 Bath
    • 726 Sq Ft
    • 45 Ayrault St
    • Unit 8
    • Newport, RI

    "Heartsease." This southwest facing second floor unit features a bright and sunny living room, eat-in kitchen, two bedrooms, and one assigned off street parking space in the heart of downtown Newport. Close to Bellevue Avenue and the restaurants and entertainment on Broadway. The condo fee includes grounds maintenance, snow removal, water, hot water, sewer and complimentary washers and dryers in

    Jose Aguon Gustave White Sotheby's Realty

    Section Image
  • 45 Ayrault St Unit 11, Newport, RI 02840

    $419,900

    • 2 Beds
    • 1 Bath
    • 752 Sq Ft
    • 45 Ayrault St
    • Unit 11
    • Newport, RI

    Welcome to "Heartsease." Set on nearly an acre of manicured lawn in a prime downtown location between Bellevue Avenue and vibrant Broadway, this property offers an ideal location. Situated in the heart of Newport, this bright and cozy third-floor condominium features two bedrooms, a comfortable living area and an eat-in kitchen. With newly refinished hardwood floors and freshly painted walls,

    Joe Fitzpatrick RE/MAX Results

    Section Image
  • 36 Kay St Unit 7, Newport, RI 02840

    $489,000

    • 1 Bed
    • 1 Bath
    • 635 Sq Ft
    • 36 Kay St
    • Unit 7
    • Newport, RI

    Come and enjoy life at 36 Kay St. whether as a seasonal retreat or permanent residence. This well maintained 1 bedroom/1 bath condo is ready for immediate occupancy. The excellent location ensures convenience and quick access to Bellevue Ave, Broadway and Downtown. The bright interior features an east facing picture window in the open, cozy and stylish living room with hardwoods and built-in

    Teri Degnan Teri Degnan RE & Consulting

    Section Image
  • 75 Pelham St Unit A, Newport, RI 02840

    $600,000

    • 1 Bed
    • 1 Bath
    • 828 Sq Ft
    • 75 Pelham St
    • Unit A
    • Newport, RI

    Located in the heart of Historic Hill, this beautifully renovated one level, one bedroom condo offers all the modern conveniences with historic charm. The unit's private entrance is light-filled and opens to a cozy living space with charming stone facade. New flooring throughout most rooms with new mini splits in the living room, dining area and bedroom. The renovated kitchen features quartz

    Tina Wiley Gustave White Sotheby's Realty

    Section Image
  • 26 Cliff Ave Unit 4, Newport, RI 02840

    $649,000

    • 2 Beds
    • 2 Baths
    • 984 Sq Ft
    • 26 Cliff Ave
    • Unit 4
    • Newport, RI

    Charming Newport Condominium Steps from Cliff Walk. Nestled in one of Newport's most desirable locations, this beautifully updated top-floor condominium offers a rare opportunity to experience the best of coastal living. Just a short stroll to the Cliff Walk's Seaview entrance and Easton's Beach, this bright and sunny 2-bed/2-bath residence is perfect as a year-round home, seasonal retreat,

    Susan Curran Warner Realty Group

    Section Image
  • 20 Berkeley Ave Unit 4, Newport, RI 02840

    $549,000

    • 1 Bed
    • 1 Bath
    • 862 Sq Ft
    • 20 Berkeley Ave
    • Unit 4
    • Newport, RI

    Welcome to this exceptional condo in the charming Dinsdale Cottage, just steps from prestigious Bellevue Avenue. Rich in original character, this home features elegant architectural moldings, soaring ceilings, and gleaming hardwood floors throughout. The sunlit living room with a decorative fireplace offers generous space for two separate sitting areas or a home office setup. The adjacent dining

    Joe Fitzpatrick RE/MAX Results

    Section Image
  • 621 Thames St Unit C, Newport, RI 02840

    $649,000

    • 2 Beds
    • 2 Baths
    • 821 Sq Ft
    • 621 Thames St
    • Unit C
    • Newport, RI

    Fifth Ward Gem! Deep in the heart of Newport's Fifth Ward perches this beautiful newly converted condominium. This two bedroom, two bath, third floor walk-up has been renovated completely! The master bedroom boasts an ensuite bathroom. Hardwood floors throughout have been refinished to their original luster. Hardwood kitchen cabinets provide an abundance of storage. New LG and GE appliances

    Amy Burnes Homes By Connect

    Section Image
  • 70 Carroll Ave Unit 510, Newport, RI 02840

    $399,000

    • 2 Beds
    • 1 Bath
    • 708 Sq Ft
    • 70 Carroll Ave
    • Unit 510
    • Newport, RI

    if you're looking for a year round home near the ocean, with limited maintenance, summer or year round get-away in the City By The Sea, or an Investment property, this first floor end unit condo with 2 bedrooms and 1 full bath at Ocean's Way may be just what your looking for. The living room overlooks the courtyard and there is a common porch outside the back entrance. Natural sunlight floods the

    Cathy Wicks Hogan Associates Christie's

    Section Image
See All Homes in Newport

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
Estrada Jacqueline S $230,000 --
Widmann Michael R $292,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Jacqueline S $184,000
Previous Owner Widmann Michael R $196,500
Previous Owner Widmann Michael R $275,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2016 10/28/16 Sold $230,000 -7.6% $238 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
06/13/2016 06/13/16 For Sale $249,000 -- $257 / 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 $2,722 $390,600 $0 $390,600
2023 $2,609 $263,000 $0 $263,000
2022 $2,527 $263,000 $0 $263,000
2021 $2,454 $263,000 $0 $263,000
2020 $2,493 $242,500 $0 $242,500
2019 $2,493 $242,500 $0 $242,500
2018 $2,423 $242,500 $0 $242,500
2017 $3,215 $286,800 $0 $286,800
2016 $3,135 $286,800 $0 $286,800
2015 $3,060 $286,800 $0 $286,800
2014 $3,069 $254,500 $0 $254,500
Source: Public Records

Agents Affiliated with this Home

  • Lea Savas

    Seller's Agent in 2016

    Lea Savas

    Edge Realty RI

    (401) 580-4484

    2 in this area

    23 Total Sales

    Lea Savas
    Section Image
  • Annie Becker

    Buyer's Agent in 2016

    Annie Becker

    Lila Delman Real Estate

    (401) 855-1127

    7 in this area

    42 Total Sales

    Annie Becker
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1128738

State-Wide MLS

APN: NEWP-000006-000041-000001

Rhode Island Newport County Newport 02840

29 Gibbs Ave Unit 1, Newport, RI

This home is located at 29 Gibbs Ave Unit 1, Newport, RI 02840 since 13 June 2016 and is currently estimated at $518,139, approximately $535 per square foot. This property was built in 1850. 29 Gibbs Ave Unit 1 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.

State-Wide MLS 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.

Nearby Homes