NOT LISTED FOR SALE

360 Gibbs Ave Unit 1 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $655,000 - $799,000

1 Bed
1 Bath
936 Sq Ft
$689/mo HOA Fee

Last Sold October 18, 2022

Last sale price $600,000 $641 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,877/month

Highlights

  • Water Views
  • 2 Fireplaces
  • Tennis Courts
  • Wood Flooring
  • Corner Lot
  • Walking Distance to Water

About This Home

As of October 2022

SOLD BEFORE PRINT - FOR COMP PURPSOSES ONLY - Spacious and elegant 1st floor, one-level condo at "Daleswell" with beautiful water views from oversized and original picture windows which are original. High ceilings, and built in bookcases, hardwoods and two fireplaces. Large stone patio off the kitchen. Close to town and the beach.

Last Agent to Sell the Property

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933 Listed on: 10/18/2022

Gustave White Sotheby's Realty

Last Buyer's Agent

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1900

HOA Fees

  • $689 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Masonry
  • Plaster

Interior Spaces

  • 936 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 360GIBBSAV1NEWP

Community Details

Overview

  • 9 Units
  • Gibbs Ave Subdivision

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,227

Year Built

Built in 1900

Lot Details

0

HOA Fees

$689 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Gibbs Ave
  • Above Grade Finished Sq Ft: 936.0
  • Building Name: Daleswell
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Living Area: 936.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Masonry, Wood Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 689.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 360GIBBSAV1NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 3227.0
  • Tax Lot: 94
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Lindsay Maura C
Bought by
Maura C Lindsay Ret and Lindsay
Current Estimated Value
$727,679

Purchase Details

Closed on
Sep 11, 2023
Sold by
360 Gibbs Avenue Llc
Bought by
Lindsay Maura C

Purchase Details

Listed on
Oct 18, 2022
Closed on
Oct 7, 2022
Sold by
Chiaroscuro Llc
Bought by
360 Gibbs Llc
Seller's Agent
Tina Wiley
Gustave White Sotheby's Realty
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$600,000
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Apr 1, 2002
Sold by
Walsh Catherine Est and Winston
Bought by
Sciarrotta Margherita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.88%
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

Purchase History

Date Buyer Sale Price Title Company
Maura C Lindsay Ret -- None Available
Maura C Lindsay Ret -- None Available
Lindsay Maura C -- None Available
Lindsay Maura C -- None Available
360 Gibbs Llc $600,000 None Available
360 Gibbs Llc $600,000 None Available
Sciarrotta Margherita $250,000 --
Sciarrotta Margherita $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sciarrotta Margherita $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2022 10/18/22 Sold $600,000 0.0% $641 / Sq Ft
10/18/2022 10/18/22 For Sale $600,000 +14.3% $641 / Sq Ft
12/17/2021 12/17/21 Sold $525,000 -4.5% $561 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $550,000 -- $588 / 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
2025 $4,140 $576,600 $0 $576,600
2024 $4,971 $604,800 $0 $604,800
2023 $3,489 $351,700 $0 $351,700
2022 $3,342 $347,800 $0 $347,800
2021 $3,227 $345,900 $0 $345,900
2020 $3,195 $310,800 $0 $310,800
2019 $3,195 $310,800 $0 $310,800
2018 $3,105 $310,800 $0 $310,800
2017 $3,484 $310,800 $0 $310,800
2016 $3,397 $310,800 $0 $310,800
2015 $3,316 $310,800 $0 $310,800
2014 $3,345 $277,400 $0 $277,400
Source: Public Records

Agents Affiliated with this Home

  • Tina Wiley

    Seller's Agent in 2022

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    4 in this area

    51 Total Sales

    Tina Wiley
    Section Image
  • Jessica Chase

    Buyer's Agent in 2022

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    4 in this area

    86 Total Sales

    Jessica Chase
    Section Image
  • Edith Cushing

    Buyer's Agent in 2021

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 862-7703

    3 in this area

    47 Total Sales

    Edith Cushing
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1322453

State-Wide MLS

APN: NEWP-000023-000094-000001

Rhode Island Newport County Newport 02840 Old Beach

360 Gibbs Ave Unit 1, Newport, RI

This home is located at 360 Gibbs Ave Unit 1, Newport, RI 02840 since 18 October 2022 and is currently estimated at $727,679, approximately $777 per square foot. This property was built in 1900. 360 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 St George's School.

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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