SOLD APR 22, 2022
RENTED MAY 27, 2025
397 Gibbs Ave Unit CH Newport, RI 02840
Old Beach Neighborhood
2
Beds
1
Bath
1,019
Sq Ft
$321/mo
HOA Fee
Highlights
- Marina
- Wooded Lot
- Tennis Courts
- Golf Course Community
- Wood Flooring
- Walking Distance to Water
About This Home
As of April 2022Free-Standing units are rare in Newport. This 1019 sf unit at Carrington House Condos is very private and sits in the rear of the property surrounded by a stone patio that is ideal for outside entertaining. The garden beds are lovely and inviting. There is a large bedroom with a full bath on the first floor. The second floor has another bedroom. The present owner has made considerable improvements during the renovation process: new kitchen with AGA range (propane), Bosch refrigerator, farmer's sink, new cabinetry. Custom wooden shutters are throughout. There are hardwood floors throughout and an extensive amount of storage space provided in built-in cabinets. High end washer and dryer units are in the unit. A fireplace is a lovely feature during the cooler months.
The landscaping around the property allows for peace and privacy. This condo unit allows an owner to have the "feel" of a small single family home with condo amenities offered for easy living---an ideal Newport pied-a-terre that is within walking distance to Easton's Beach, shops, and dining.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0031901 Listed on: 03/22/2022
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,432
Year Built
- Built in 1900
Lot Details
- Fenced
- Wooded Lot
HOA Fees
- $321 Monthly HOA Fees
Home Design
- Wood Siding
- Concrete Perimeter Foundation
- Clapboard
- Plaster
Interior Spaces
- 1,019 Sq Ft Home
- 2-Story Property
- Skylights
- Fireplace Features Masonry
Kitchen
- Oven
- Range with Range Hood
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Partial Basement
Home Security
Parking
- 2 Parking Spaces
- No Garage
- Assigned Parking
Outdoor Features
- Walking Distance to Water
- Patio
Location
- Property near a hospital
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- 200+ Amp Service
- Oil Water Heater
- Cable TV Available
Listing and Financial Details
- Tax Lot 042
- Assessor Parcel Number 397GIBBSAVCHNEWP
Community Details
Overview
- 10 Units
- Old Beach Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Pet Policy
- Dogs Allowed
Security
- Storm Doors
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 7, 2023
Sold by
Ogonowski Caroline
Bought by
Caroline Ogonowski Ret
Current Estimated Value
Purchase Details
Listed on
May 25, 2016
Closed on
Aug 22, 2016
Sold by
Kearney Kathleen
Bought by
Blair-Kjerulff Holly
Seller's Agent
Donald Desrosiers
Gustave White Sotheby's Realty
Buyer's Agent
Jose Aguon
Gustave White Sotheby's Realty
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
Purchase Details
Closed on
Jun 30, 2004
Sold by
Seitz Karl and Seitz Kathryn
Bought by
Kearney Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Newport, RI
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 | $505,000 | -- | |
| Deed | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $338,000 | No Value Available | |
| Previous Owner | $42,000 | No Value Available | |
| Previous Owner | $262,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Rented | $5,000 | 0.0% | -- |
| 04/15/2025 04/15/25 | For Rent | $5,000 | +11.1% | -- |
| 05/19/2024 05/19/24 | Rented | $4,500 | -4.3% | -- |
| 05/16/2024 05/16/24 | Under Contract | -- | -- | -- |
| 04/18/2024 04/18/24 | For Rent | $4,700 | 0.0% | -- |
| 04/22/2022 04/22/22 | Sold | $820,000 | +5.8% | $805 / Sq Ft |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- |
| 03/22/2022 03/22/22 | For Sale | $775,000 | +53.5% | $761 / Sq Ft |
| 08/23/2016 08/23/16 | Sold | $505,000 | -3.8% | $496 / Sq Ft |
| 07/24/2016 07/24/16 | Pending | -- | -- | -- |
| 05/25/2016 05/25/16 | For Sale | $525,000 | -- | $515 / 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 | $5,787 | $830,300 | $0 | $830,300 |
| 2023 | $4,718 | $475,600 | $0 | $475,600 |
| 2022 | $4,571 | $475,600 | $0 | $475,600 |
| 2021 | $4,437 | $475,600 | $0 | $475,600 |
| 2020 | $4,875 | $474,200 | $0 | $474,200 |
| 2019 | $4,875 | $474,200 | $0 | $474,200 |
| 2018 | $4,737 | $474,200 | $0 | $474,200 |
| 2017 | $3,653 | $325,900 | $0 | $325,900 |
| 2016 | $3,562 | $325,900 | $0 | $325,900 |
| 2015 | $3,477 | $325,900 | $0 | $325,900 |
| 2014 | $3,907 | $324,000 | $0 | $324,000 |
Source: Public Records
Agents Affiliated with this Home
-
Homes With Hil Team
H
Seller's Agent in 2025
Homes With Hil Team
RE/MAX Profnl. Newport, Inc.
(401) 787-4354
6 Total Sales
-
Hilary Marshall
Seller Co-Listing Agent in 2025
Hilary Marshall
RE/MAX Profnl. Newport, Inc.
(401) 787-4354
16 Total Sales
-
Kate Leonard
K
Seller's Agent in 2022
Kate Leonard
Lila Delman Compass
(401) 952-3461
2 in this area
37 Total Sales
-
Adam Osetek
Buyer's Agent in 2022
Adam Osetek
Compass
(401) 744-2692
1 in this area
68 Total Sales
-
D
Seller's Agent in 2016
Donald Desrosiers
Gustave White Sotheby's Realty
-
Jose Aguon
Seller Co-Listing Agent in 2016
Jose Aguon
Gustave White Sotheby's Realty
(401) 263-4168
30 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1305522
APN: NEWP-000030-000042-C000000-H000000
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