NOT LISTED FOR SALE

397 Gibbs Ave Unit 7 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $773,000 - $1,229,000

2 Beds
2 Baths
1,212 Sq Ft
$822/Sq Ft Est. Value

About This Home

This home is located at 397 Gibbs Ave Unit 7, Newport, RI 02840 and is currently estimated at $996,161, approximately $821 per square foot. 397 Gibbs Ave Unit 7 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
Jul 22, 2020
Sold by
Jean S Olds Ret
Bought by
Olds Jean S and Olds Steven J
Current Estimated Value
$996,161

Purchase Details

Closed on
May 10, 1999
Sold by
Muller George E
Bought by
Olds Jean S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.92%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Olds Jean S -- None Available
Olds Jean S $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olds Jean S $30,000
Previous Owner Olds Jean S $78,000
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 $6,041 $841,400 $0 $841,400
2024 $5,865 $841,400 $0 $841,400
2023 $4,895 $493,400 $0 $493,400
2022 $4,742 $493,400 $0 $493,400
2021 $4,603 $493,400 $0 $493,400
2020 $5,026 $488,900 $0 $488,900
2019 $5,026 $488,900 $0 $488,900
2018 $4,884 $488,900 $0 $488,900
2017 $3,756 $335,100 $0 $335,100
2016 $3,663 $335,100 $0 $335,100
2015 $3,576 $335,100 $0 $335,100
2014 $4,471 $370,700 $0 $370,700
Source: Public Records

Map

Rhode Island Newport County Newport 02840 Old Beach

397 Gibbs Ave Unit 7, Newport, RI

Not Listed for Sale

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