NOT LISTED FOR SALE

132 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $921,000 - $1,084,000

5 Beds
2.5 Baths
2,401 Sq Ft
$416/Sq Ft Est. Value

Last Sold March 27, 2012

Last sale price $382,500 $159 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $5,801/month

142 Days on Market

Highlights

  • Deck
  • Corner Lot
  • 1 Car Detached Garage
  • Wood Flooring
  • Walking Distance to Water
  • 4-minute walk to J Paul Braga Junior Memorial Field

About This Home

As of March 2012

Separate heat, electric and water. 2nd/3rd fl. unit getting new kitchen, bathroom, and all new energy efficient windows. New interior doors, fresh paint, and crown molding. First fl. unit recently remodeled with new granite counter top and vanity.

Last Agent to Sell the Property

Karin Jackson

Compass / Lila Delman Compass License #RES.0032424 Listed on: 10/06/2011

Compass / Lila Delman Compass

Last Buyer's Agent

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199

Gustave White Sotheby's Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,381

Year Built

  • Built in 1900

Lot Details

  • 3,484 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Wood Siding
  • Shingle Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,401 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Thermal Windows
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 223
  • Assessor Parcel Number 132GIBBSAVNEWP

Community Details

Overview

  • 2 Units
  • Kay/Catherine Subdivision

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,381

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Subdivision Name: KAY/CATHERINE
  • Above Grade Finished Sq Ft: 2401.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Wood
  • Interior Amenities: Skylights
  • Living Area: 2401.0
  • Stories: 3
  • Window Features: Skylight(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Plaster, Shingle Siding, Vinyl Siding, Wood Siding
  • Exterior Features: Deck, Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: Common Area
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3484.0
  • Parcel #: 132GIBBSAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3381.0
  • Tax Lot: 223
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2011
Closed on
Mar 28, 2012
Sold by
Old Harbor Props Llc
Bought by
Schminky Joshua
Seller's Agent
Karin Jackson
Compass / Lila Delman Compass
Buyer's Agent
Grace Cimo
Gustave White Sotheby's Realty
List Price
$399,000
Sold Price
$382,500
Premium/Discount to List
-$16,500
-4.14%
Total Days on Market
142
Current Estimated Value
$998,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$616,494
Avg. Annual Appreciation
7.55%
Original Mortgage
$332,500
Outstanding Balance
$233,411
Interest Rate
3.88%
Mortgage Type
VA
Estimated Equity
$765,583
Source: Public Records

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Range of Values:

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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
Schminky Joshua $382,500 --
Schminky Joshua $382,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schminky Joshua $332,500
Closed Schminky Joshua $332,500
Previous Owner Napolitano Tracey $427,500
Previous Owner Napolitano Tracey $370,000
Previous Owner Napolitano Tracey $295,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $382,500 -4.1% $159 / Sq Ft
02/26/2012 02/26/12 Pending -- -- --
10/06/2011 10/06/11 For Sale $399,000 -- $166 / 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 $5,982 $727,700 $205,800 $521,900
2023 $4,741 $477,900 $145,500 $332,400
2022 $4,593 $477,900 $145,500 $332,400
2021 $4,459 $477,900 $145,500 $332,400
2020 $3,996 $388,700 $128,300 $260,400
2019 $3,996 $388,700 $128,300 $260,400
2018 $3,883 $388,700 $128,300 $260,400
2017 $3,665 $326,900 $98,600 $228,300
2016 $3,573 $326,900 $98,600 $228,300
2015 $3,488 $326,900 $98,600 $228,300
2014 $3,658 $303,300 $98,600 $204,700
Source: Public Records

Agents Affiliated with this Home

  • Karin Jackson

    Seller's Agent in 2012

    Karin Jackson

    Compass / Lila Delman Compass

    (401) 338-3771

    14 in this area

    160 Total Sales

    Karin Jackson
    Section Image
  • Grace Cimo

    Buyer's Agent in 2012

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    10 in this area

    80 Total Sales

    Grace Cimo
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1003046

State-Wide MLS

APN: NEWP-000011-000000-000223

Rhode Island Newport County Newport 02840 Kay-Catherine

132 Gibbs Ave, Newport, RI

This home is located at 132 Gibbs Ave, Newport, RI 02840 since 06 October 2011 and is currently estimated at $998,994, approximately $416 per square foot. This property was built in 1900. 132 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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