NOT LISTED FOR SALE

16 Gibbs Ave Newport, RI 02840

Estimated Value: $1,020,000 - $1,486,000

4 Beds
3.5 Baths
2,622 Sq Ft
$483/Sq Ft Est. Value

Last Sold June 27, 2014

Last sale price $609,000 $232 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,268/month

63 Days on Market

Highlights

  • Spa
  • Victorian Architecture
  • Workshop
  • Marble Flooring
  • Game Room
  • 2 Car Detached Garage

About This Home

As of June 2014

This grand Newport home has been thoroughly modernized with efficient systems, such as a new gas heating system, water filtration system and central air, as well as aesthetically improved with attention to historic detail. Rented through June @3k/mo

Last Agent to Sell the Property

Heather Hinckley

William Raveis Inspire License #RES.0033045 Listed on: 03/25/2014

Last Buyer's Agent

Susan McCoy

RE/MAX Profnl. Newport, Inc. License #RES.0025786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 1900

Lot Details

  • 5,638 Sq Ft Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Zero Clearance Fireplace
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Spa
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 16GIBBSAVNEWP

Community Details

Overview

  • Gibbs Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,868

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1294
  • Subdivision Name: GIBBS
  • Above Grade Finished Sq Ft: 2272.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 3

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 350.0
  • Fireplace Features: Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble, Other
  • Interior Amenities: Cedar Closet(s), Internal Expansion
  • Living Area: 2622.0
  • Dining Room Type: Game Room, Storage Room, Utility Room, Workshop
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Construction Type: Shingle Siding
  • Exterior Features: Sprinkler/Irrigation
  • Foundation Details: Stone

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5638.0
  • Parcel #: 16GIBBSAVNEWP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4868.0
  • Tax Lot: 32
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2022
Sold by
John W Bagwill 3Rd T
Bought by
Beachnau Michael and Beachnau Joan
Current Estimated Value
$1,267,379

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jun 27, 2014
Sold by
Hinckley 3Rd Benjamin B
Bought by
Beachnau Michael L and Beachnau Joan E
Seller's Agent
Heather Hinckley
William Raveis Inspire
Buyer's Agent
Susan McCoy
RE/MAX Profnl. Newport, Inc.
List Price
$619,000
Sold Price
$609,000
Premium/Discount to List
-$10,000
-1.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.73%
Original Mortgage
$405,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Hearon Hugh and Pariseau Michele
Bought by
Hinckley 3Rd Benjamin

Purchase Details

Closed on
Aug 27, 2001
Sold by
Brennan Grace A
Bought by
Hearon Hugh F and Hearon Michele
Source: Public Records

Range of Values:

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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
Beachnau Michael $813,000 None Available
Beachnau Michael L $609,000 --
Hinckley 3Rd Benjamin $620,000 --
Hearon Hugh F $126,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hearon Hugh F $405,000
Previous Owner Hearon Hugh F $500,000
Previous Owner Hearon Hugh F $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2014 06/27/14 Sold $609,000 -1.6% $232 / Sq Ft
05/28/2014 05/28/14 Pending -- -- --
03/25/2014 03/25/14 For Sale $619,000 -- $236 / 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 $6,573 $915,500 $226,500 $689,000
2024 $6,381 $915,500 $226,500 $689,000
2023 $6,185 $623,500 $160,100 $463,400
2022 $5,992 $623,500 $160,100 $463,400
2021 $5,817 $623,500 $160,100 $463,400
2020 $4,780 $465,000 $133,300 $331,700
2019 $4,780 $465,000 $133,300 $331,700
2018 $4,587 $459,200 $133,300 $325,900
2017 $4,525 $403,700 $102,600 $301,100
2016 $4,412 $403,700 $102,600 $301,100
2015 $4,307 $403,700 $102,600 $301,100
2014 $5,013 $415,700 $102,600 $313,100
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Heather Hinckley

    William Raveis Inspire

  • S

    Buyer's Agent in 2014

    Susan McCoy

    RE/MAX Profnl. Newport, Inc.

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1063038

State-Wide MLS

APN: NEWP-000006-000000-000032

Rhode Island Newport County Newport 02840

16 Gibbs Ave, Newport, RI

This home is located at 16 Gibbs Ave, Newport, RI 02840 since 25 March 2014 and is currently estimated at $1,267,379, approximately $483 per square foot. This property was built in 1900. 16 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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