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Sold for $810,000
    • $810,000

    397 Gibbs Ave APT 4, Newport, RI 02840

    2beds
    1,148sqft
    Townhouse
    Built in 1900
    1,149 Square Feet Lot
    $1,035,500 Zestimate®
    $706/sqft
    $3,604 Estimated rent

    Home value

    $1,035,500

    $953,000 - $1.14M

    $3,604/mo

    Zestimate® history
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    What's special

    Condo 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    The Labonte Group 860-614-3510,

    Residential Properties Ltd.

    Bought with:

    Jessica Chase, RES.0040224

    Gustave White Sotheby's Realty

    Source: StateWide MLS RI,MLS#: 1366590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard, Forced Water
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Exhaust Fan, Disposal, Range Hood, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Cathedral Ceiling(s), Stairs, Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood
    • Doors: Storm Door(s)
    • Basement: Full,Interior and Exterior,Unfinished,Storage Space,Utility
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,148
    • Total interior livable area: 1,148 sqft
    • Finished area above ground: 1,148
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage, Assigned, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 2
    • Entry location: Second Floor Access
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach, Walk to Salt Water, Walk To Water
    Lot
    • Size: 1,149 Square Feet
    • Features: Paved, Secluded, Wooded
    Details
    • Parcel number: NEWPM030B0042L4
    • Zoning: R20
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: Townhouse
    • Property subtype: Townhouse
    Materials
    • Dry Wall, Masonry
    • Foundation: Unknown
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 100 Amp Service
    • Sewer: Public Sewer
    • Water: Individual Meter, Municipal
    • 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: Gibbs/Old Beach Road
    HOA
    • Has HOA: No
    • HOA fee: $719 monthly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $706/sqft
    • Tax assessed value: $843,500
    • Annual tax amount: $6,934
    • Date on market: 9/18/2024

    Price history

    DateEventPrice
    10/11/2024Sold$810,000-3%$706/sqft
    Source: StateWide MLS RI #1366590 Report a problem
    10/6/2024Pending sale$835,000$727/sqft
    Source: StateWide MLS RI #1366590 Report a problem
    9/17/2024Contingent$835,000$727/sqft
    Source: StateWide MLS RI #1366590 Report a problem
    9/13/2024Listing removed$3,000$3/sqft
    Source: Zillow Rentals Report a problem
    8/20/2024Listed for sale$835,000+33.6%$727/sqft
    Source: StateWide MLS RI #1366590 Report a problem
    8/2/2024Listed for rent$3,000$3/sqft
    Source: Residential Properties Report a problem
    7/30/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/13/2024Listed for rent$3,000+50%$3/sqft
    Source: Residential Properties Report a problem
    7/6/2022Sold$625,000-2.2%$544/sqft
    Source: StateWide MLS RI #1308661 Report a problem
    5/7/2022Pending sale$639,000$557/sqft
    Source: StateWide MLS RI #1308661 Report a problem
    4/28/2022Listed for sale$639,000+184%$557/sqft
    Source: StateWide MLS RI #1308661 Report a problem
    10/2/2020Listing removed$2,000$2/sqft
    Source: Libby Kirwin Real Estate. LTD #1253572 Report a problem
    5/12/2020Listed for rent$2,000$2/sqft
    Source: Libby Kirwin Real Estate. LTD #1253572 Report a problem
    6/27/2012Sold$225,000-13.1%$196/sqft
    Source: Public Record Report a problem
    5/25/2012Price change$259,000-13.4%$226/sqft
    Source: Prudential Prime Properties of Rhode Island #1013697 Report a problem
    3/31/2012Listed for sale$299,000$260/sqft
    Source: Prudential Prime Properties of Rhode Island #1013697 Report a problem
    9/30/2011Listing removed$299,000$260/sqft
    Source: Prudential Prime Properties of Rhode Island #977392 Report a problem
    7/21/2011Price change$299,000-3.2%$260/sqft
    Source: Prudential Prime Properties of Rhode Island #977392 Report a problem
    2/11/2011Price change$309,000-6.1%$269/sqft
    Source: Prudential Prime Properties of Rhode Island #977392 Report a problem
    1/8/2011Price change$329,000-5.7%$287/sqft
    Source: Prudential Prime Properties of Rhode Island #977392 Report a problem
    10/8/2010Listed for sale$349,000+193.3%$304/sqft
    Source: Prudential Prime Properties of Rhode Island #977392 Report a problem
    3/28/1997Sold$119,000+4.4%$104/sqft
    Source: Public Record Report a problem
    4/28/1989Sold$114,000$99/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,329 +5.7%$843,500
    2024$6,934 +45.2%$843,500 +69.8%
    2023$4,775 $496,900
    2022$4,775 +3%$496,900
    2021$4,636 -2.9%$496,900 +7%
    2020$4,774 $464,400
    2019$4,774 +2.9%$464,400
    2018$4,639 +23.9%$464,400 +39%
    2017$3,745 +2.5%$334,100
    2016$3,652 +2.4%$334,100
    2015$3,565 -24%$334,100 -14.1%
    2014$4,690 -1.5%$388,900 -7.2%
    2012$4,760 -8.2%$419,000 -19.7%
    2011$5,184 +3.9%$522,100
    2010$4,991 +0.4%$522,100
    2009$4,970 +9.9%$522,100 +0.1%
    2008$4,521 +4%$521,500
    2007$4,349 $521,500
    Find assessor info on the county website

    Neighborhood: Old Beach

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    Estimated market value
    $1,035,500
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    Estimated market value
    $1,035,500

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