NOT LISTED FOR SALE

122 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $839,000 - $987,000

4 Beds
1 Bath
1,632 Sq Ft
$551/Sq Ft Est. Value

Last Sold September 19, 2013

Last sale price $315,000 $193 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $5,470/month

24 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • 5-minute walk to J Paul Braga Junior Memorial Field
  • Cottage
  • Heating System Uses Steam

About This Home

As of September 2013

PRICED TO SELL !! New electrical throughout, newer windows and roof. Four large bedrooms, double living room with fireplace, dining room - all with hardwoods! Large front porch, off street parking and back yard. Kitchen and bath need renovation.

Last Agent to Sell the Property

David Leys

Gustave White Sotheby's Realty License #RES.0028231 Listed on: 07/26/2013

Last Buyer's Agent

Jeremy Booth

JB Newport Realty License #REB.0019026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,541

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned R10

Parking

  • 2 Car Detached Garage

Home Design

  • Cottage
  • Shingle Siding
  • Clapboard

Interior Spaces

  • 1,632 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Utilities

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

Community Details

  • Bliss/Kay Subdivision

Listing and Financial Details

  • Tax Lot 329
  • Assessor Parcel Number 122GIBBSAVNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,541

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: BLISS/KAY
  • Above Grade Finished Sq Ft: 1632.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1925
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Vinyl
  • Living Area: 1632.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Clapboard, Shingle Siding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6098.0
  • Parcel #: 122GIBBSAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3541.0
  • Tax Lot: 329
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2013
Closed on
Sep 19, 2013
Sold by
Es Tompsett Kathleen M
Bought by
Babcock Joseph E and Babcock Kara L
Seller's Agent
David Leys
Gustave White Sotheby's Realty
Buyer's Agent
Jeremy Booth
JB Newport Realty
List Price
$259,000
Sold Price
$315,000
Premium/Discount to List
$56,000
21.62%
Total Days on Market
24
Current Estimated Value
$899,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$584,696
Avg. Annual Appreciation
9.44%
Original Mortgage
$299,250
Interest Rate
4.42%
Mortgage Type
New Conventional
Source: Public Records

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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
Babcock Joseph E $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babcock Joseph E $440,000
Closed Babcock Joseph E $396,000
Closed Babcock Joseph E $299,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2013 09/19/13 Sold $315,000 +21.6% $193 / Sq Ft
08/20/2013 08/20/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $259,000 -- $159 / 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
2024 $5,022 $720,500 $230,100 $490,400
2023 $4,773 $481,100 $162,700 $318,400
2022 $4,623 $481,100 $162,700 $318,400
2021 $4,489 $481,100 $162,700 $318,400
2020 $3,986 $387,700 $135,200 $252,500
2019 $3,986 $387,700 $135,200 $252,500
2018 $3,873 $387,700 $135,200 $252,500
2017 $3,791 $338,200 $104,000 $234,200
2016 $3,697 $338,200 $104,000 $234,200
2015 $3,609 $338,200 $104,000 $234,200
2014 $3,971 $329,300 $104,000 $225,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    David Leys

    Gustave White Sotheby's Realty

  • Jeremy Booth

    Buyer's Agent in 2013

    Jeremy Booth

    JB Newport Realty

    (401) 480-8855

    2 in this area

    21 Total Sales

    Jeremy Booth
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1047008

State-Wide MLS

APN: NEWP-000011-000000-000329

Rhode Island Newport County Newport 02840 Kay-Catherine

122 Gibbs Ave, Newport, RI

This home is located at 122 Gibbs Ave, Newport, RI 02840 since 26 July 2013 and is currently estimated at $899,696, approximately $551 per square foot. This property was built in 1925. 122 Gibbs Ave is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and All Saints STEAM Academy.

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