Seller's Agent in 2024
The Labonte Group
Residential Properties Ltd.
(860) 614-3510
1 in this area
13 Total Sales
397 Gibbs Ave Unit 4 Newport, RI 02840
Old Beach Neighborhood
2
Beds
1.5
Baths
1,148
Sq Ft
$719/mo
HOA Fee
Highlights
- Marina
- Beach Access
- Private Lot
- Water Views
- Golf Course Community
- Wooded Lot
About This Home
As of October 2024Condo living at its finest. Enjoy all Newport has to offer in this newly renovated condo in the gorgeous Carrington House Complex on Gibbs Avenue. This unit is located on the second floor with beautiful views of Easton Beach. The kitchen is new with stainless steel appliances and plenty of cabinet space. The open floor plan with combined dining room, family room and half bath, makes for a comfortable and spacious living area. Stunning new hardwood floors enhance the warmth and elegance throughout. On the second floor is a full bath, in unit laundry and two large sized bedrooms. The primary bedroom has views of the water and the gorgeous grounds. Plenty of closet space in both bedrooms as well as additional water views in the hallway. Both bathrooms have been thoughtfully updated, ensuring modern amenities and style. Parking is one designated parking spot, and one unassigned guest parking. For extra storage there is a large locked private storage area in the basement. Experience the best of coastal living with easy access to scenic beaches, charming local boutiques, and exquisite dining. Do not miss the opportunity to own this turnkey property.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $6,934
Year Built
- Built in 1900
Lot Details
- 1,148 Sq Ft Lot
- Secluded Lot
- Paved or Partially Paved Lot
- Wooded Lot
HOA Fees
- $719 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
- Masonry
Interior Spaces
- 1,148 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- 1 Fireplace
- Storage Room
- Utility Room
- Water Views
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Home Security
Parking
- 2 Parking Spaces
- No Garage
- Driveway
- Assigned Parking
Outdoor Features
- Beach Access
- Walking Distance to Water
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 42-4
- Assessor Parcel Number 397GIBBSAV4NEWP
Community Details
Overview
- 10 Units
- Gibbs/Old Beach Road Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pets Allowed
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 14, 2023
Sold by
Oneill Elaine M
Bought by
397 Gibbs Avenue Llc
Current Estimated Value
Purchase Details
Listed on
Apr 28, 2022
Closed on
Jun 2, 2022
Sold by
Vogiatzoglou Philip
Bought by
Oneill Elaine M
Seller's Agent
Sarah Kirwin Brady
Residential Properties Ltd.
Buyer's Agent
Chad Kritzas
HomeSmart Professionals
List Price
$639,000
Sold Price
$625,000
Premium/Discount to List
-$14,000
-2.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.61%
Purchase Details
Listed on
Mar 30, 2012
Closed on
Jun 27, 2012
Sold by
Naar Albert R and Kelly Judith A
Bought by
Vogiatzoglou Phillip and Billboutis Sofia
Seller's Agent
Art Weber
BerkshireHathaway HomeServices
Buyer's Agent
Dorothy Kirwin
Libby Kirwin Real Estate
List Price
$299,000
Sold Price
$225,000
Premium/Discount to List
-$74,000
-24.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Purchase Details
Closed on
Mar 28, 1997
Sold by
Palmer Paul J
Bought by
Kelly Judith A and Naar Albert R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.59%
Purchase Details
Closed on
Apr 28, 1989
Sold by
Alves Robert
Bought by
Lyon Yola
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
10.9%
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $625,000 | None Available | |
| Warranty Deed | $225,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $119,000 | -- | |
| Warranty Deed | $114,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $69,000 | No Value Available | |
| Previous Owner | $65,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/11/2024 10/11/24 | Sold | $810,000 | -3.0% | $706 / Sq Ft |
| 10/06/2024 10/06/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $835,000 | +33.6% | $727 / Sq Ft |
| 07/06/2022 07/06/22 | Sold | $625,000 | -2.2% | $544 / Sq Ft |
| 05/06/2022 05/06/22 | Pending | -- | -- | -- |
| 04/28/2022 04/28/22 | For Sale | $639,000 | +184.0% | $557 / Sq Ft |
| 06/27/2012 06/27/12 | Sold | $225,000 | -24.7% | $196 / Sq Ft |
| 05/28/2012 05/28/12 | Pending | -- | -- | -- |
| 03/30/2012 03/30/12 | For Sale | $299,000 | -- | $260 / 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 |
|---|---|---|---|---|
| 2025 | $7,329 | $843,500 | $0 | $843,500 |
| 2024 | $6,934 | $843,500 | $0 | $843,500 |
| 2023 | $4,929 | $496,900 | $0 | $496,900 |
| 2022 | $4,775 | $496,900 | $0 | $496,900 |
| 2021 | $4,636 | $496,900 | $0 | $496,900 |
| 2020 | $4,774 | $464,400 | $0 | $464,400 |
| 2019 | $4,774 | $464,400 | $0 | $464,400 |
| 2018 | $4,639 | $464,400 | $0 | $464,400 |
| 2017 | $3,745 | $334,100 | $0 | $334,100 |
| 2016 | $3,652 | $334,100 | $0 | $334,100 |
| 2015 | $3,565 | $334,100 | $0 | $334,100 |
| 2014 | $4,690 | $388,900 | $0 | $388,900 |
Source: Public Records
Agents Affiliated with this Home
-
The Labonte Group
-
Jessica Chase
Buyer's Agent in 2024
Jessica Chase
Gustave White Sotheby's Realty
(401) 864-3596
4 in this area
86 Total Sales
-
Sarah Kirwin Brady
S
Seller's Agent in 2022
Sarah Kirwin Brady
Residential Properties Ltd.
(401) 338-9881
1 in this area
18 Total Sales
-
Chad Kritzas
Buyer's Agent in 2022
Chad Kritzas
HomeSmart Professionals
(401) 474-5669
7 in this area
210 Total Sales
-
A
Seller's Agent in 2012
Art Weber
BerkshireHathaway HomeServices
-
D
Buyer's Agent in 2012
Dorothy Kirwin
Libby Kirwin Real Estate
Map
Source: State-Wide MLS
MLS Number: 1366590
APN: NEWP-000030-000042-000004
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