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Sold for $500,000
  • $500,000

    259 Gibbs Ave APT 5, Newport, RI 02840

    2beds
    966sqft
    Condominium
    Built in 1900
    -- sqft lot
    $622,000 Zestimate®
    $518/sqft
    $3,232 Estimated rent

    Home value

    $622,000

    $578,000 - $684,000

    $3,232/mo

    Zestimate® history
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    $3,232/mo

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    What's special

    This dramatic third-floor walk-up unit presents an open-concept living area adorned with nautical-inspired touches. The fully renovated kitchen and bathroom offer a fresh and stylish appeal. Enjoy the convenience of laundry in the unit, along with skylights and vaulted ceilings that flood the space with natural light. Gleaming hardwood floors add an inviting warmth, creating a cozy atmosphere, while ample closet space ensures organization. Assigned parking and deeded storage in the basement provide convenience and security. Embrace the coastal ambiance and make use of the common patio area, perfect for grilling and outdoor entertainment. The unit also features a dedicated desk area, ideal for work-from-home arrangements. The centerpiece of the unit is the impressive kitchen island, perfect for culinary enthusiasts and entertaining guests. Experience the coastal charm and modern comforts this unit has to offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    Kathleen Wilson 774-263-5385,

    Hogan Associates Christie's,

    Hillary Olinger 401-225-1705,

    Hogan Associates Christie's

    Bought with:

    Carolyn Nolan, RES.0032133

    Mott & Chace Sotheby's Intl.

    Source: StateWide MLS RI,MLS#: 1348592MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard, Gas Connected
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Oven/Range, Refrigerator
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Skylight, Stairs, Plumbing (Mixed)
    • Flooring: Ceramic Tile, Hardwood, Laminate
    • Windows: Skylight(s)
    • Basement: Full,Interior and Exterior,Unfinished,Laundry,Storage Space,Utility
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 966
    • Total interior livable area: 966 sqft
    • Finished area above ground: 966
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached, No Garage, Assigned, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Patio & porch: Patio, Porch
    • Waterfront features: Walk to Salt Water
    Lot
    • Size: 0.28 Acres
    • Features: Corner Lot
    Details
    • Parcel number: NEWPM023B0004L5
    • Zoning: R10A
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Dry Wall, Shingles
    • Foundation: Concrete Perimeter, Stone
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: Individual Meter
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Near Public Transport, Commuter Bus, Golf, Highway Access, Hospital, Interstate, Marina, Private School, Public School, Railroad, Recreational Facilities, Restaurants, Schools, Near Shopping, Near Swimming, Tennis
    • Subdivision: Kay/Catherine
    HOA
    • Has HOA: No
    • HOA fee: $290 monthly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $518/sqft
    • Tax assessed value: $537,400
    • Annual tax amount: $4,669
    • Date on market: 9/18/2024
    • Inclusions: 1 pet allowed per unit

    Price history

    DateEventPrice
    3/24/2026Listing removed$2,900$3/sqft
    Source: StateWide MLS RI #1396021 Report a problem
    11/25/2025Listed for rent$2,900$3/sqft
    Source: StateWide MLS RI #1396021 Report a problem
    9/25/2025Listing removed$2,900$3/sqft
    Source: Zillow Rentals Report a problem
    5/19/2025Listed for rent$2,900$3/sqft
    Source: Zillow Rentals Report a problem
    5/6/2025Listing removed$2,900$3/sqft
    Source: Zillow Rentals Report a problem
    4/8/2025Listed for rent$2,900$3/sqft
    Source: Zillow Rentals Report a problem
    3/15/2024Sold$500,000-2.9%$518/sqft
    Source: StateWide MLS RI #1348592 Report a problem
    3/12/2024Pending sale$515,000$533/sqft
    Source: StateWide MLS RI #1348592 Report a problem
    1/31/2024Contingent$515,000$533/sqft
    Source: StateWide MLS RI #1348592 Report a problem
    11/24/2023Listed for sale$515,000-0.8%$533/sqft
    Source: StateWide MLS RI #1348592 Report a problem
    11/21/2023Listing removed--
    Source: StateWide MLS RI #1333732 Report a problem
    8/25/2023Price change$519,000-1.9%$537/sqft
    Source: StateWide MLS RI #1333732 Report a problem
    6/29/2023Listed for sale$529,000$548/sqft
    Source: StateWide MLS RI #1333732 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,669 -4.3%$537,400 -9.4%
    2024$4,878 $593,400
    Find assessor info on the county website

    Neighborhood: Eustis/Easton's Pond

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $622,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $622,000