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
- 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
Map
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
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
| 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 | $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
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $69,000 | No Value Available | |
| Previous Owner | $65,000 | No Value Available |
Source: Public Records
Deed 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
Similar Homes in Newport, RI
Source: State-Wide MLS
MLS Number: 1366590
APN: NEWP-000030-000042-000004
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