$302,500
SOLD JUN 28, 2017 RENTED JUN 7, 2025

29 Gibbs Ave Unit 2 Newport, RI 02840

3 Beds
2 Baths
1,482 Sq Ft
$305/mo HOA Fee

Recently Sold

$204 Per Sq Ft

11% Below List Price

410 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • Cul-De-Sac
  • Wood Flooring
  • Walking Distance to Water
  • Public Transportation

About This Home

As of July 2018

Spacious townhouse in central location with modern amenities and tons of charm. Updated eat-in kitchen and private stone terrace are perfect for entertaining. Enjoy the convenience of the Bliss neighborhood and strolling to town, parks, or water.

Last Agent to Sell the Property

Lea Savas

Serhant Rhode Island License #RES.0035438 Listed on: 04/13/2016

Last Buyer's Agent

Anthony Young

Coldwell Banker Realty License #RES.0030436

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,834

Year Built

  • Built in 1850

HOA Fees

  • $305 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Combination Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 1,482 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Walking Distance to Water
  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 29GIBBSAV2NEWP

Community Details

Overview

  • 2 Units
  • Bliss / Gibbs Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,834

Year Built

Built in 1850

Lot Details

0

HOA Fees

$305 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: BLISS / GIBBS
  • Above Grade Finished Sq Ft: 1482.0
  • Building Name: Sycamore Gardens
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 1850
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: First Floor Access,Private Entry,Second Floor Acce
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Laminate, Wood
  • Living Area: 1482.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Wood Siding
  • Foundation Details: Combination

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • 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: 304.5
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 29GIBBSAV2NEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 3834.0
  • Tax Lot: 41
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 24, 2018
Sold by
Castillo Michael O
Bought by
Lebaron Jeffrey T and Lebaron Margaret N
Seller's Agent
Scott McCoy
Better Living Real Estate, LLC
Buyer's Agent
Scott McCoy
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Current Estimated Value
$795,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,692
Avg. Annual Appreciation
12.34%
Original Mortgage
$276,000
Outstanding Balance
$242,437
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$553,255

Purchase Details

Listed on
Apr 13, 2016
Closed on
Jun 28, 2017
Sold by
Savas Derek D
Bought by
Castillo Michael O
Seller's Agent
Lea Savas
Serhant Rhode Island
Buyer's Agent
Anthony Young
Coldwell Banker Realty
List Price
$339,000
Sold Price
$302,500
Premium/Discount to List
-$36,500
-10.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.07%
Original Mortgage
$212,500
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2005
Sold by
Summer Wind Prop Llc
Bought by
Savas Derek D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $345,000 --
Deed $302,500 --
Deed $342,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $276,000 Purchase Money Mortgage
Previous Owner $212,500 Purchase Money Mortgage
Previous Owner $274,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 Rented $3,000 0.0% --
05/30/2025 05/30/25 Under Contract -- -- --
05/13/2025 05/13/25 For Rent $3,000 +15.4% --
01/16/2023 01/16/23 Rented $2,600 0.0% --
12/17/2022 12/17/22 Under Contract -- -- --
11/30/2022 11/30/22 For Rent $2,600 +18.2% --
12/20/2020 12/20/20 For Rent $2,200 0.0% --
12/20/2020 12/20/20 Rented $2,200 0.0% --
07/24/2018 07/24/18 Sold $345,000 -4.1% $233 / Sq Ft
06/24/2018 06/24/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $359,900 +19.0% $243 / Sq Ft
06/28/2017 06/28/17 Sold $302,500 -10.8% $204 / Sq Ft
05/29/2017 05/29/17 Pending -- -- --
04/13/2016 04/13/16 For Sale $339,000 0.0% $229 / Sq Ft
05/22/2015 05/22/15 Rented $1,800 -10.0% --
04/22/2015 04/22/15 Under Contract -- -- --
04/20/2015 04/20/15 For Rent $2,000 +17.6% --
04/27/2014 04/27/14 Rented $1,700 -5.6% --
03/28/2014 03/28/14 Under Contract -- -- --
01/30/2014 01/30/14 For Rent $1,800 -- --
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
2025 $3,295 $458,900 $0 $458,900
2024 $3,199 $458,900 $0 $458,900
2023 $3,077 $310,200 $0 $310,200
2022 $2,981 $310,200 $0 $310,200
2021 $2,894 $310,200 $0 $310,200
2020 $2,965 $288,400 $0 $288,400
2019 $2,965 $288,400 $0 $288,400
2018 $2,881 $288,400 $0 $288,400
2017 $4,028 $359,300 $0 $359,300
2016 $3,927 $359,300 $0 $359,300
2015 $3,834 $359,300 $0 $359,300
2014 $3,850 $319,200 $0 $319,200
Source: Public Records

Agents Affiliated with this Home

  • Kelly Moran

    Seller's Agent in 2025

    Kelly Moran

    William Raveis Inspire

    (631) 807-2198

    4 in this area

    37 Total Sales

    Kelly Moran
    Section Image
  • Tammy Bass

    Buyer's Agent in 2023

    Tammy Bass

    Hogan Associates Christie's

    (401) 430-0856

    14 in this area

    217 Total Sales

    Tammy Bass
    Section Image

  • S

    Seller's Agent in 2018

    Scott McCoy

    Better Living Real Estate, LLC

    Section Image
  • Lea Savas

    Seller's Agent in 2017

    Lea Savas

    Serhant Rhode Island

    (401) 580-4484

    2 in this area

    21 Total Sales

    Lea Savas
    Section Image
  • Anthony Young

    Buyer's Agent in 2017

    Anthony Young

    Coldwell Banker Realty

    (401) 855-3716

    14 Total Sales

    Anthony Young
    Section Image
  • Louise Cardoni

    Buyer's Agent in 2015

    Louise Cardoni

    Century 21 Topsail Realty

    (401) 835-5987

    2 in this area

    30 Total Sales

    Louise Cardoni
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1122818

State-Wide MLS

APN: NEWP-000006-000041-000002

Rhode Island Newport County Newport 02840

29 Gibbs Ave Unit 2, Newport, RI

This home is located at 29 Gibbs Ave Unit 2, Newport, RI 02840 and is currently priced at $302,500, approximately $204 per square foot. This property was built in 1850. 29 Gibbs Ave Unit 2 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