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$1,745,000   Price Analysis
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244 Gibbs Ave
Newport, RI 02840
5 bed 3 bath 2,348 SqFt ($743/SqFt)
3,825SqFt lot. Built 1920
Listed 2024-04-17, Taxes $7,738
Ⓧ USDA Ineligible
due to price & location

near Newport

Welcome to 244 Gibbs Ave!

This well appointed turnkey home is located in one of the most desirable neighborhoods in Newport. 244 Gibbs is a short stroll to the beaches, Bellevue Mansions, Cliff Walk, The Wharf and downtown resturants/shopping. From the moment you enter the front porch through the perennial gardens you will appreciate the attention to detail and design. Once inside the home the abundance of natural light evoke a feeling of peace and serenity. This meticulously maintained home offers 5 bedrooms and 2.5 bathrooms, including a 3rd floor primary/guest suite and original hardwoods throughout.

Seasonal water views from every level enhance the beauty of this unique home. The main floor is an entertainers dream with the generous sun-filled living & dining areas. The interior space blending seamlessly with the outdoors & patio through the french doors in the dining room. Original brickwork & a wood plank ceiling accent the chefs kitchen where you will find a working island, Viking Cooktop/Oven and Liebherr Refrigerator. A sizable butlers pant ry offers additional storage and access to the backyard. The secluded fully fenced in backyard evokes a sense of tranquility with upper and lower levels for dining/entertaining and mature landscaping. An outside shower and access to the walk-in basement/laundry and garage complete the backyard.


Presented by Jennifer Holland at
Edge Realty RI.
Listing Agent Photo

Property MLS #1355817 from StateWide

Bedrooms: 5

Total Rooms: 8
Basement Features: Laundry, Storage Area
Basement Description: Full, Unfinished, Access: Interior and Exterior

Total Bathrooms: 2.10
Full Bathrooms: 2
1/2 Bathrooms: 1

Skylight
Stairs

Cooling Features: Individual Unit
Fireplace Features: Wood Frame
Heating Features: Forced Water, Gas Connected
Heating Fuel: Gas
Number of Fireplaces: 1
Water Heaters: Gas

Water Features: Access, Walk to Salt Water, Walk To Water

Lot Description: Fenced, Paved Driveway, Sidewalks
Lot Size Acres: 0.0878
Lot Size Square Feet: 3825

Garage Spaces: 1
Garage Description: Detached
Parking Total: 4

Annual Tax Amount: 8800.0000
Source Listing Status: Active
County: Newport
Tax Year: 2023
Source Property Type: Single Family
Source Neighborhood: Gibbs Ave/Champlin Street
Postal Code Plus 4: 0284
Property Subtype: Bungalow
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$501,300 + $303,900
$805,200
$7,738
2021$501,300 + $303,900
$805,200
$7,513
2020$356,700 + $282,800
$639,500
$6,574
2019$356,700 + $282,800
$639,500
$6,574
2018$356,700 + $282,800
$639,500
$6,389
2017$377,200 + $217,400
$594,600
$6,665
2016$377,200 + $217,400
$594,600
$6,499
2015$377,200 + $217,400
$594,600
$6,344
2014$347,700 + $170,000
$517,700
$6,243
2013$347,700 + $170,000
$517,700
$6,062

Price Changed 2024-05-26
$1,745,000
StateWide
Listing removed 2024-04-18
$0
StateWide
Listed 2024-04-17
$1,800,000
StateWide
Price Changed for rent 2023-09-25
$4,500
StateWide
Price Changed for rent 2023-08-18
$4,800
StateWide
Price Changed for rent 2022-10-03
$5,000
StateWide
Listed for rent 2022-08-05
$5,500
StateWide
Listing removed 2022-08-01
$0
StateWide
Price Changed for rent 2022-05-01
$5,500
StateWide
Price Changed for rent 2021-08-30
$5,000
StateWide
Listed for rent 2021-07-31
$8,000
StateWide
Listing removed 2021-07-24
$0
StateWide
Price Changed for rent 2021-02-23
$14,000
StateWide
Price Changed for rent 2020-12-21
$12,000
StateWide
Listing removed 2020-07-24
$0
StateWide
Listed for rent 2020-07-23
$4,000
StateWide
Price Changed for rent 2020-07-09
$4,000
StateWide
Listing removed 2019-11-30
$3,500
StateWide
Listed for rent 2019-07-18
$3,500
StateWide
Price Changed for rent 2018-09-03
$3,500
StateWide
Listed for rent 2018-08-13
$4,000
StateWide
Listing removed 2013-04-28
$749,000
StateWide
Listed 2013-03-04
$749,000
StateWide
Sold 2011-05-31
$625,000
Public Record
Listing removed 2011-04-19
$649,000
StateWide
Relisted 2011-03-23
$649,000
StateWide
Listing removed 2011-02-01
$649,000
StateWide
Listed 2011-01-07
$649,000
StateWide

Total Square Feet Living: 2348
Year Built: 1920
Building Exterior Type: Clapboard
Property Age: 104
Levels or Stories: 3
Total Above Grade Sqft Area: 2348
Walls: Dry Wall

Electric: 200 Amps, Circuit Breaker
Sewer: Connected
Water Source: Connected

Other Equipment: Dishwasher, Dryer, Exhaust Fan, Hood, Microwave, Oven/Range, Refrigerator, Washer, Wood Stove

Rogers High School is a public high school located approximately 2 miles away.
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St Michaels Country Day School is a private elementary and middle school located approximately 0.5 miles away.
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Frank E. Thompson Middle School is a public elementary and middle school located approximately 0.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.