NOT LISTED FOR SALE

102 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $778,000 - $934,000

3 Beds
1 Bath
1,536 Sq Ft
$545/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $520,000 $339 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,800/month

70 Days on Market

Highlights

  • Colonial Architecture
  • Corner Lot
  • Tankless Water Heater
  • Wood Flooring
  • 1 Car Detached Garage
  • Public Transportation

About This Home

As of January 2021

Colonial with great bones and lots of potential! Great location. Corner lot with off street parking and an oversized detached garage. Short bike ride to beaches and minutes to downtown Newport. ESTATE SALE, sold as is.

Last Agent to Sell the Property

Lauren Plumb

Keller Williams Coastal License #RES.0041124 Listed on: 10/19/2020

Last Buyer's Agent

Jeff Brooks

Hogan Associates Christie's License #RES.0034174

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 1945

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,536 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Tankless Water Heater

Community Details

  • Public Transportation

Listing and Financial Details

  • Tax Lot 419
  • Assessor Parcel Number 102GIBBSAVNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,744

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Above Grade Finished Sq Ft: 1536.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Tankless Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1536.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Shingle Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 102GIBBSAVNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3743.98
  • Tax Lot: 419
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Jan 28, 2021
Sold by
Fedorenko Sergey P Est
Bought by
Farrar Rowan
Seller's Agent
Lauren Plumb
Keller Williams Coastal
Buyer's Agent
Jeff Brooks
Hogan Associates Christie's
List Price
$599,000
Sold Price
$520,000
Premium/Discount to List
-$79,000
-13.19%
Current Estimated Value
$837,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,101
Avg. Annual Appreciation
10.27%
Original Mortgage
$494,000
Outstanding Balance
$441,599
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$395,502

Purchase Details

Closed on
May 18, 1992
Sold by
Krause Bruce A and Krause Eleanor
Bought by
Pedorenko Sergey P and Pedorenko Elena

Purchase Details

Closed on
Dec 15, 1988
Sold by
Hadley Brian
Bought by
Krause Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
10.07%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farrar Rowan $520,000 None Available
Pedorenko Sergey P $159,000 --
Krause Bruce $188,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrar Rowan $494,000
Previous Owner Krause Bruce $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2021 01/28/21 Sold $520,000 -13.2% $339 / Sq Ft
12/29/2020 12/29/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $599,000 -- $390 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $4,920 $685,300 $208,700 $476,600
2024 $4,777 $685,300 $208,700 $476,600
2023 $4,557 $459,400 $147,500 $311,900
2022 $4,415 $459,400 $147,500 $311,900
2021 $4,286 $459,400 $147,500 $311,900
2020 $3,744 $364,200 $128,600 $235,600
2019 $3,744 $364,200 $128,600 $235,600
2018 $3,638 $364,200 $128,600 $235,600
2017 $3,260 $290,800 $98,900 $191,900
2016 $3,178 $290,800 $98,900 $191,900
2015 $3,103 $290,800 $98,900 $191,900
2014 $3,525 $292,300 $98,900 $193,400
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lauren Plumb

    Keller Williams Coastal

  • Jeff Brooks

    Buyer's Agent in 2021

    Jeff Brooks

    Hogan Associates Christie's

    (401) 680-6588

    4 in this area

    126 Total Sales

    Jeff Brooks
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Map

Source: State-Wide MLS

MLS Number: 1267939

State-Wide MLS

APN: NEWP-000011-000000-000419

Rhode Island Newport County Newport 02840 Kay-Catherine

102 Gibbs Ave, Newport, RI

Not Listed for Sale

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