NOT LISTED FOR SALE

397 Gibbs Ave Unit 3 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $575,000 - $777,000

2 Beds
1 Bath
899 Sq Ft
$742/Sq Ft Est. Value

About This Home

This home is located at 397 Gibbs Ave Unit 3, Newport, RI 02840 and is currently estimated at $666,741, approximately $741 per square foot. 397 Gibbs Ave Unit 3 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 1999
Sold by
Lawrence James M
Bought by
Smith Mary Alice
Current Estimated Value
$666,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Outstanding Balance
$23,968
Interest Rate
6.73%
Estimated Equity
$642,774

Purchase Details

Closed on
Jul 3, 1996
Sold by
Briefel Robert E
Bought by
Lawrence James M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.98%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Smith Mary Alice $124,000 --
Lawrence James M $107,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence James M $50,000
Open Lawrence James M $99,200
Previous Owner Lawrence James M $70,000
Source: Public Records

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 $3,685 $513,200 $0 $513,200
2024 $3,577 $513,200 $0 $513,200
2023 $3,059 $308,400 $0 $308,400
2022 $2,964 $308,400 $0 $308,400
2021 $2,877 $308,400 $0 $308,400
2020 $3,954 $384,600 $0 $384,600
2019 $3,954 $384,600 $0 $384,600
2018 $4,433 $443,700 $0 $443,700
2017 $3,428 $305,800 $0 $305,800
2016 $3,342 $305,800 $0 $305,800
2015 $3,263 $305,800 $0 $305,800
2014 $4,228 $350,600 $0 $350,600
Source: Public Records

Map

Rhode Island Newport County Newport 02840 Old Beach

397 Gibbs Ave Unit 3, Newport, RI

This home is located at 397 Gibbs Ave Unit 3, Newport, RI 02840 and is currently estimated at $666,741, approximately $741 per square foot. 397 Gibbs Ave Unit 3 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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