NOT LISTED FOR SALE

360 Gibbs Ave Unit 2 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $608,000 - $822,000

1 Bed
1 Bath
207 Sq Ft
$61/mo HOA Fee

Last Sold May 24, 2022

Last sale price $35,000 $169 Per Sq Ft

Est. 1,888% increase in value since last sale

Current estimated payment $4,277/month

49 Days on Market

Highlights

  • Marina
  • Tennis Courts
  • 1 Car Detached Garage
  • Golf Course Community
  • Walking Distance to Water
  • Public Transportation

About This Home

As of May 2022

Garage space only in spectacular Newport location. Park your car and it's a quick walk to Bellevue Avenue or the beaches.

Last Agent to Sell the Property

Chad Kritzas

HomeSmart Professionals Listed on: 03/28/2022

Last Buyer's Agent

Janet Bottiglieri

Coldwell Banker Realty License #RES.0044170

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $858

Year Built

  • Built in 2001

HOA Fees

  • $61 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Masonry

Interior Spaces

  • 207 Sq Ft Home
  • 1-Story Property

Utilities

  • No Cooling
  • No Heating
  • No Hot Water

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 360GIBBSAV2GNEWP

Community Details

Overview

  • 4 Units
  • Gibbs/Old Beach Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$858

Year Built

Built in 2001

Lot Details

0

HOA Fees

$61 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Gibbs/Old Beach
  • Above Grade Finished Sq Ft: 207.0
  • Building Name: Daleswell
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2001
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: No Hot Water
  • Has Basement: None
  • Basement YN: No
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Living Area: 207.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Masonry
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 61.45
  • Association Fee Frequency: Monthly
  • Pets Allowed: No
  • Common Interest: Condominium

Lot Info

  • Parcel #: 360GIBBSAV2GNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 858.0
  • Tax Lot: 94
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jun 21, 2016
Sold by
Dipietro Bruce A and Dipietro Gayle L
Bought by
Federici Everett J and Federici Robin
Seller's Agent
Elena Wilcox
Gustave White Sotheby's Realty
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$389,900
Sold Price
$370,000
Premium/Discount to List
-$19,900
-5.1%
Current Estimated Value
$695,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,794
Avg. Annual Appreciation
7.27%
Original Mortgage
$270,000
Outstanding Balance
$218,624
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$477,170

Purchase Details

Closed on
Jul 16, 2010
Sold by
Fisher Harvey E
Bought by
Dipietro Bruce Allan and Dipietro Gayle Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Federici Everett J $370,000 --
Dipietro Bruce Allan $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Federici Robin $35,000
Open Federici Everett J $270,000
Previous Owner Dipietro Bruce Allan $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $35,000 -26.3% $169 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $47,500 -87.2% $229 / Sq Ft
06/27/2016 06/27/16 Sold $370,000 -5.1% $398 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $389,900 0.0% $419 / Sq Ft
07/20/2015 07/20/15 For Rent $1,900 +5.6% --
07/20/2015 07/20/15 Rented $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
2024 $4,243 $608,800 $0 $608,800
2023 $3,854 $388,500 $0 $388,500
2022 $3,733 $388,500 $0 $388,500
2021 $3,625 $388,500 $0 $388,500
2020 $3,582 $348,400 $0 $348,400
2019 $3,582 $348,400 $0 $348,400
2018 $3,481 $348,400 $0 $348,400
2017 $3,906 $348,400 $0 $348,400
2016 $3,808 $348,400 $0 $348,400
2015 $3,717 $348,400 $0 $348,400
2014 $4,112 $341,000 $0 $341,000
Source: Public Records

Agents Affiliated with this Home

  • Chad Kritzas

    Seller's Agent in 2022

    Chad Kritzas

    HomeSmart Professionals

    7 in this area

    227 Total Sales

    Chad Kritzas
    Section Image
  • Janet Bottiglieri

    Buyer's Agent in 2022

    Janet Bottiglieri

    Coldwell Banker Realty

    (203) 733-1031

    1 in this area

    27 Total Sales

    Janet Bottiglieri
    Section Image
  • Elena Wilcox

    Seller's Agent in 2016

    Elena Wilcox

    Gustave White Sotheby's Realty

    (401) 662-0604

    1 in this area

    34 Total Sales

    Elena Wilcox
    Section Image
  • Jessica Chase

    Buyer's Agent in 2016

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    4 in this area

    88 Total Sales

    Jessica Chase
    Section Image
  • Tina Wiley

    Seller's Agent in 2015

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    5 in this area

    52 Total Sales

    Tina Wiley
    Section Image

  • D

    Buyer's Agent in 2015

    Diane Germani

    Century 21 Topsail Realty

    (401) 486-9787

    1 Total Sale

    Diane Germani
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1306138

State-Wide MLS

APN: NEWP-000023-000094-000002

Rhode Island Newport County Newport 02840 Old Beach

360 Gibbs Ave Unit 2, Newport, RI

This home is located at 360 Gibbs Ave Unit 2, Newport, RI 02840 since 28 March 2022 and is currently estimated at $695,794, approximately $3,361 per square foot. This property was built in 2001. 360 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 St George's School.

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