397 Gibbs Ave Unit A Newport, RI 02840
Old Beach Neighborhood
2
Beds
1
Bath
823
Sq Ft
$279/mo
HOA Fee
Highlights
- Marina
- Wood Flooring
- Tennis Courts
- Beach Access
- Attic
- Skylights
About This Home
As of March 2018Location Location Location! Prestigious Old Beach Road/Gibbs Avenue estate area near famous Cliff Walk and Easton’ Beach. Ideal for the buyer looking for a 2nd home or the buyer looking to downsize and could easily be converted for an accessible lifestyle. This lovely estate setting 2 bedrm condo could be your private sanctuary with mature gardens and trees surrounding the condo. Featuring one level living with private entry, hardwood floors, fresh interior paint and a large basement with laundry and storage. The outdoor space provides a garden sitting area and there is parking for 2 cars. This condo is in pristine move in condition. Located near Bellevue Avenue shopping, restaurants and museums it has all the Newport style you desire. We invite you to come see for yourself.
Last Agent to Sell the Property
M.T. and Thomas Team
Real Choices Real Estate Listed on: 10/20/2017
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,339
Year Built
- Built in 1900
HOA Fees
- $279 Monthly HOA Fees
Home Design
- Combination Foundation
- Block Foundation
- Slab Foundation
- Shingle Siding
- Concrete Perimeter Foundation
- Masonry
- Plaster
Interior Spaces
- 823 Sq Ft Home
- 1-Story Property
- Skylights
- Permanent Attic Stairs
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Unfinished Basement
- Partial Basement
- 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 Oil
- Baseboard Heating
- Underground Utilities
- 100 Amp Service
- Tankless Water Heater
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- The owner pays for hot water
- Tax Lot 042A
- Assessor Parcel Number 397GibbsAVNEWP
Community Details
Overview
- 10 Units
- Old Beach Road Historic Subdivision
Amenities
- Public Transportation
Recreation
- Marina
- Tennis Courts
- Recreation Facilities
Pet Policy
- Pet Size Limit
- Dogs and Cats Allowed
Security
- Storm Windows
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 13, 2018
Sold by
Sepe Michael J
Bought by
Michael J Sepe Ret
Current Estimated Value
Similar Homes in Newport, RI
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/02/2018 03/02/18 | Sold | $400,000 | -6.8% | $486 / Sq Ft |
| 01/31/2018 01/31/18 | Pending | -- | -- | -- |
| 10/20/2017 10/20/17 | For Sale | $429,000 | +7.3% | $521 / Sq Ft |
| 08/07/2017 08/07/17 | Sold | $400,000 | -5.9% | $486 / Sq Ft |
| 07/08/2017 07/08/17 | Pending | -- | -- | -- |
| 02/02/2017 02/02/17 | For Sale | $425,000 | 0.0% | $516 / Sq Ft |
| 11/04/2016 11/04/16 | Rented | $1,600 | +6.7% | -- |
| 10/05/2016 10/05/16 | Under Contract | -- | -- | -- |
| 07/02/2016 07/02/16 | For Rent | $1,500 | -57.1% | -- |
| 05/17/2016 05/17/16 | For Rent | $3,500 | 0.0% | -- |
| 05/17/2016 05/17/16 | Rented | $3,500 | -- | -- |
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 | $4,127 | $592,100 | $0 | $592,100 |
| 2023 | $3,656 | $368,500 | $0 | $368,500 |
| 2022 | $3,541 | $368,500 | $0 | $368,500 |
| 2021 | $3,438 | $368,500 | $0 | $368,500 |
| 2020 | $3,649 | $355,000 | $0 | $355,000 |
| 2019 | $3,649 | $355,000 | $0 | $355,000 |
| 2018 | $3,546 | $355,000 | $0 | $355,000 |
| 2017 | $3,150 | $281,000 | $0 | $281,000 |
| 2016 | $3,071 | $281,000 | $0 | $281,000 |
| 2015 | $2,998 | $281,000 | $0 | $281,000 |
| 2014 | $3,368 | $279,300 | $0 | $279,300 |
Source: Public Records
Agents Affiliated with this Home
-
M
Seller's Agent in 2018
M.T. and Thomas Team
Real Choices Real Estate
-
Ryan Hazinakis
Buyer's Agent in 2018
Ryan Hazinakis
Keller Williams Coastal
(401) 477-4251
141 Total Sales
-
Holly Mclear
Buyer's Agent in 2017
Holly Mclear
Hogan Associates Christie's
(401) 855-0485
45 Total Sales
-
M
Buyer's Agent in 2016
Mary-Teresa Shadduck
-
Jessica Chase
Buyer's Agent in 2016
Jessica Chase
Gustave White Sotheby's Realty
(401) 864-3596
4 in this area
85 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1176138
APN: NEWP-000030-000042-A000000
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