$616,022 - $1,083,000
RENTED FEB 25, 2025

28 Gibbs Ave Newport, RI 02840

3 Beds
2 Baths
1,707 Sq Ft
$495 Price per Sq Ft

Last Sold June 05, 2012

Last sale price $223,000 $131 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $4,966/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Workshop
  • Attic
  • No HOA
  • Storm Windows

About This Home

As of February 2025

MILITARY FAVORITE YEARLY RENTAL IN NEWPORT STARTING APRIL 1st, 2025. Spacious and charming 3-bedroom, 2-full bathroom with 2 available room home located on desirable Gibbs Avenue, just minutes from Newport's vibrant Broadway area. First Floor: Open and circular layout with connected living and dining areas, leading to an updated eat-in kitchen with quartz countertops. Direct access to the basement provides additional storage space. Second Floor: Three generously sized bedrooms, a full bathroom, and a convenient laundry room at the top of the stairs. Third Floor: Two finished bonus rooms, perfect a home office, den, tv room or extra living space. Exterior: A cozy backyard for relaxation and two off-street parking spaces. Tenant is responsible for all utilities. Don't miss this opportunity to rent a spacious home in a fantastic Newport location!

Last Agent to Rent the Property

Homes With Hil Team

RE/MAX Profnl. Newport, Inc. Listed on: 01/27/2025

RE/MAX Profnl. Newport, Inc.

Co-Listed By

Hilary Marshall

RE/MAX Professionals License #RES.0043599

Last Renter's Agent

Alex Chiera

BHHS Commonwealth Real Estate License #RES.0043362

BHHS Commonwealth Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,826

Year Built

  • Built in 1900

Lot Details

  • 2,875

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 1,707 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Storage Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 2 Parking Spaces
  • No Garage
  • Driveway
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Corner Lot

Community Details

  • No Home Owners Association
  • Gibbs / Bliss Subdivision

Listing and Financial Details

  • Property Available on 4/1/25
  • 12 Month Lease Term
  • Assessor Parcel Number 28GIBBSAVNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,826

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2025-04-01
  • Security Deposit: 3950.0

Listing Details

  • Prop. Type: Residential Lease
  • Co List Office Mls Id: RMAX01
  • Co List Office Phone: 401-849-0100
  • Subdivision Name: Gibbs / Bliss
  • Above Grade Finished Sq Ft: 1707.0
  • Architectural Style: Cabin
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Three Or More, Two
  • Building Stories: 2
  • Year Built: 1900
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access,Private Entry
  • Flooring: Hardwood, Wood, Carpet
  • Interior Amenities: Attic, Permanent Attic Stairs, Stall Shower, Tub Shower
  • Living Area: 1707.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Patio, Paved Driveway
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Laundry Facilities, Parking, Trash Collection
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 28GIBBSAVNEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 1997
Sold by
Dodge Susan A
Bought by
Ali Liaquat
Current Estimated Value
$845,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Outstanding Balance
$11,919
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$833,087
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ali Liaquat $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Liaquat $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Rented $3,950 0.0% --
02/14/2025 02/14/25 Under Contract -- -- --
01/27/2025 01/27/25 For Rent $3,950 +1.3% --
11/27/2023 11/27/23 Rented $3,900 0.0% --
11/21/2023 11/21/23 Under Contract -- -- --
11/06/2023 11/06/23 For Rent $3,900 +14.7% --
09/30/2022 09/30/22 Rented $3,400 0.0% --
09/27/2022 09/27/22 Under Contract -- -- --
09/12/2022 09/12/22 Price Changed $3,400 -2.9% $2 / Sq Ft
07/28/2022 07/28/22 For Rent $3,500 +18.6% --
12/23/2019 12/23/19 Rented $2,950 0.0% --
11/23/2019 11/23/19 Under Contract -- -- --
10/21/2019 10/21/19 For Rent $2,950 0.0% --
06/05/2012 06/05/12 Sold $223,000 -10.8% $71 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
07/06/2011 07/06/11 For Sale $249,900 -- $79 / 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 $5,826 $670,500 $198,600 $471,900
2024 $5,512 $670,500 $198,600 $471,900
2023 $4,380 $441,500 $140,400 $301,100
2022 $4,243 $441,500 $140,400 $301,100
2021 $4,119 $441,500 $140,400 $301,100
2020 $3,516 $342,000 $127,300 $214,700
2019 $3,516 $342,000 $127,300 $214,700
2018 $3,417 $342,000 $127,300 $214,700
2017 $3,206 $286,000 $97,900 $188,100
2016 $3,126 $286,000 $97,900 $188,100
2015 $3,052 $286,000 $97,900 $188,100
2014 $3,022 $250,600 $97,900 $152,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1377051

State-Wide MLS

APN: NEWP-000006-000000-000064