360 Gibbs Ave Unit 3 Newport, RI 02840
Old Beach NeighborhoodEstimated Value: $554,000 - $632,000
2
Beds
1
Bath
804
Sq Ft
$479/mo
HOA Fee
Highlights
- Beach Access
- Corner Lot
- Balcony
- Wood Flooring
- Recreation Facilities
- Storm Windows
About This Home
As of July 2020One can enter this condominium from its private side entrance with its own stoop and foyer or the main entrance. If you use the side door which accesses a handsome foyer with classic black and white tiles, you walk into the open living dining room space with 12 foot high ceilings, three large windows that stream sunlight and handsome oak floors. Built in book cases help define the living room as well. This condominium complex called Daleswell was built around 1890 as a private residence and this unit has been in the same family since converted into nine individual residences. This stucco clad structure with a slate roof sits high overlooks an acre lot that is surrounded by its original stone wall. Nestled in one corner of the property is a handsome Tuscan stone gazebo that is near a wrought iron gate that opens onto Old Beach Road for easy access to the "Moat" and the Beaches beyond. This unit has a 300 foot private deck overlooking First Beach and the steeple of St. George’s School beyond that at night is illuminated and adds drama to the evening light. Directly from your unit you can get into the basement to grab your bicycle or beach chairs. Pets are not allowed. This two bedroom home awaits a new family to enjoy and create memories for years to come.
Last Agent to Sell the Property
Gustave White Sotheby's Realty License #REB.0013061 Listed on: 02/21/2020
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,270
Year Built
- Built in 1900
HOA Fees
- $479 Monthly HOA Fees
Home Design
- Brick Foundation
- Stone Foundation
- Masonry
Interior Spaces
- 804 Sq Ft Home
- 3-Story Property
- Storage Room
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
Parking
- 1 Parking Space
- No Garage
- Assigned Parking
Outdoor Features
- Beach Access
- Water Access
- Walking Distance to Water
- Balcony
Location
- Property near a hospital
Utilities
- No Cooling
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 94
- Assessor Parcel Number 360GIBBSAV3NEWP
Community Details
Overview
- 9 Units
- First Beach Subdivision
Amenities
- Public Transportation
Recreation
- Recreation Facilities
Pet Policy
- No Pets Allowed
Security
- Storm Windows
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2020
Closed on
Jul 1, 2020
Sold by
Smith Diane Z
Bought by
Benton Pamela J
Seller's Agent
Michelle Drum
Gustave White Sotheby's Realty
Buyer's Agent
Karen LeBlanc
Coldwell Banker Realty
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,826
Avg. Annual Appreciation
7.83%
Purchase Details
Closed on
Jun 13, 1985
Bought by
Smith Diane Z
Similar Homes in Newport, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Benton Pamela J | $420,000 | None Available | |
| Smith Diane Z | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2020 07/03/20 | Sold | $420,000 | -4.3% | $522 / Sq Ft |
| 06/03/2020 06/03/20 | Pending | -- | -- | -- |
| 02/21/2020 02/21/20 | For Sale | $439,000 | -- | $546 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $3,919 | $562,200 | $0 | $562,200 |
| 2023 | $3,838 | $386,900 | $0 | $386,900 |
| 2022 | $3,718 | $386,900 | $0 | $386,900 |
| 2021 | $3,610 | $386,900 | $0 | $386,900 |
| 2020 | $3,259 | $317,000 | $0 | $317,000 |
| 2019 | $3,259 | $317,000 | $0 | $317,000 |
| 2018 | $3,167 | $317,000 | $0 | $317,000 |
| 2017 | $3,554 | $317,000 | $0 | $317,000 |
| 2016 | $3,465 | $317,000 | $0 | $317,000 |
| 2015 | $3,382 | $317,000 | $0 | $317,000 |
| 2014 | $3,392 | $281,300 | $0 | $281,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Drum
Seller's Agent in 2020
Michelle Drum
Gustave White Sotheby's Realty
(401) 265-3423
5 in this area
70 Total Sales
-
Karen LeBlanc
Buyer's Agent in 2020
Karen LeBlanc
Coldwell Banker Realty
(401) 533-4888
1 in this area
52 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1247837
APN: NEWP-000023-000094-000003
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