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Sold for $875,000
  • $875,000

    428 Gibbs Ave APT 6, Newport, RI 02840

    2beds
    1,373sqft
    Condominium
    Built in 1872
    -- sqft lot
    $1,079,900 Zestimate®
    $637/sqft
    $4,366 Estimated rent

    Home value

    $1,079,900

    $983,000 - $1.20M

    $4,366/mo

    Zestimate® history
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    What's special

    MORNINGSIDE Condominimum Located overlooking FIRST BEACH with OCEANVIEWS expansive grounds and common shaded patio, FIRST TIME ON THE MARKET SINCE 1997. Gracious floorplan, 2 WORKING FIREPLACES which have been lined and chimney tops capped. Two large bedrooms each with their own private bathroom. Off street parking. New roof being installed this Fall at Sellers expense. Spacious enough for a primary or secondary home. Lovely neighbors and a quiet building. Pets might be allowed with Condo Association pre-approval.

    Zillow last checked:

    Listing updated:

    Listed by:

    Stephanie Guinan 401-965-8433,

    RE/MAX Profnl. Newport, Inc.

    Bought with:

    Stephanie Guinan, RES.0014529

    RE/MAX Profnl. Newport, Inc.

    Source: StateWide MLS RI,MLS#: 1341671MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Natural Gas, Baseboard, Forced Water, Gas Connected, Zoned
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater, Dishwasher, Dryer, Disposal, Microwave, Oven/Range, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Wall (Dry Wall), Wall (Plaster), Cathedral Ceiling(s), Skylight, Plumbing (Copper), Plumbing (Galvanized), Plumbing (Mixed), Plumbing (PVC), Insulation (Unknown), Ceiling Fan(s)
    • Flooring: Ceramic Tile, Hardwood, Wood, Carpet
    • Windows: Storm Window(s), Skylight(s)
    • Basement: Full,Bulkhead,Unfinished
    • Number of fireplaces: 3
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 1,373
    • Total interior livable area: 1,373 sqft
    • Finished area above ground: 1,373
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: No Garage, Unassigned, Driveway
    • Has uncovered spaces: Yes
    Features
    • Stories: 1
    • Entry location: Second Floor Access
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Walk to Salt Water
    Lot
    • Features: Local Historic District, Sidewalks
    Details
    • Parcel number: NEWPM030B0025L6
    • Zoning: R-20
    • Special conditions: Conventional/Market Value
    • Other equipment: Cable TV

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Dry Wall, Plaster, Other Siding, Wood
    • Foundation: Stone
    Condition
    • New construction: No
    • Year built: 1872

    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: Private School, Near Swimming
    • Security: Security System Owned
    HOA
    • Has HOA: No
    • HOA fee: $488 monthly
    Location
    • Region: Newport

    Financial & listing details

    • Price per square foot: $637/sqft
    • Tax assessed value: $750,300
    • Annual tax amount: $4,913
    • Date on market: 9/18/2024
    • Inclusions: Pet may be allowed subject to Cono Association approval.

    Price history

    DateEventPrice
    10/20/2023Sold$875,000-12.5%$637/sqft
    Source: StateWide MLS RI #1341671 Report a problem
    8/26/2023Pending sale$999,900$728/sqft
    Source: StateWide MLS RI #1341671 Report a problem
    8/14/2023Listed for sale$999,900+399.9%$728/sqft
    Source: StateWide MLS RI #1341671 Report a problem
    3/31/1997Sold$200,000$146/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,519 +5.7%$750,300
    2024$6,167 +29.6%$750,300 +51.5%
    2023$4,759 $495,200
    2022$4,759 +3%$495,200
    2021$4,620 +2.8%$495,200 +13.3%
    2020$4,492 $437,000
    2019$4,492 +2.9%$437,000
    2018$4,366 -10.9%$437,000
    2017$4,899 +2.6%$437,000
    2016$4,776 +2.4%$437,000
    2015$4,663 -0.5%$437,000 +12.4%
    2014$4,688 +6.2%$388,700
    2012$4,416 -6.3%$388,700 -18.1%
    2011$4,712 +3.9%$474,500
    2010$4,536 +0.4%$474,500
    2009$4,517 +7.9%$474,500 -1.7%
    2008$4,186 +3.9%$482,800
    2007$4,027 $482,800
    Find assessor info on the county website

    Neighborhood: Old Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,079,900
    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
    $1,079,900