$3,500,000
SOLD SEP 14, 2025

421 Gibbs Ave Newport, RI 02840

Old Beach Neighborhood
3 Beds
2 Baths
3,288 Sq Ft
1.1 Acres

Recently Sold

$1,064 Per Sq Ft

0 Day on Market

Highlights

  • Indoor Pool
  • Colonial Architecture
  • 3 Fireplaces
  • 1.1 Acre Lot
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of September 2025

Sold before publication

Last Agent to Sell the Property

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615 Listed on: 09/14/2025

Last Buyer's Agent

Grace Cimo

Gustave White Sotheby's Realty License #RES.0031199

Gustave White Sotheby's Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,466

Year Built

  • Built in 1930

Lot Details

  • 1.1 Acre Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,288 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Stone Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Pool

  • Indoor Pool

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 039
  • Assessor Parcel Number 421GIBBSAVNEWP

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,466

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Above Grade Finished Sq Ft: 3288.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 3288.0
  • Stories: 2

Exterior Features

  • Pool Features: Indoor
  • Construction Type: Drywall, Plaster, Brick
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 421GIBBSAVNEWP
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 22466.0
  • Tax Lot: 039
  • Tax Map Number: 30
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 1994
Sold by
Oconnell Cathleen D and Oconnell Linda L
Bought by
Coletti John T and Coletti Susan
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $350,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 No Value Available
Open $347,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2025 09/14/25 Sold $3,500,000 0.0% $1,064 / Sq Ft
09/14/2025 09/14/25 For Sale $3,500,000 -- $1,064 / 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 $23,143 $3,223,300 $1,126,800 $2,096,500
2024 $22,466 $3,223,300 $1,126,800 $2,096,500
2023 $20,984 $2,115,300 $701,900 $1,413,400
2022 $20,328 $2,115,300 $701,900 $1,413,400
2021 $19,736 $2,115,300 $701,900 $1,413,400
2020 $15,970 $1,553,500 $729,600 $823,900
2019 $15,970 $1,553,500 $729,600 $823,900
2018 $15,519 $1,553,500 $729,600 $823,900
2017 $14,628 $1,304,900 $570,300 $734,600
2016 $14,263 $1,304,900 $570,300 $734,600
2015 $13,923 $1,304,900 $570,300 $734,600
2014 $13,899 $1,152,500 $495,900 $656,600
Source: Public Records

Agents Affiliated with this Home

  • Teri Degnan

    Seller's Agent in 2025

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    4 in this area

    139 Total Sales

    Teri Degnan
    Section Image
  • Grace Cimo

    Buyer's Agent in 2025

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    3 in this area

    85 Total Sales

    Grace Cimo
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1381827

State-Wide MLS

APN: NEWP-000030-000000-000039

Rhode Island Newport County Newport 02840 Old Beach

421 Gibbs Ave, Newport, RI

This home is located at 421 Gibbs Ave, Newport, RI 02840 and is currently priced at $3,500,000, approximately $1,064 per square foot. This property was built in 1930. 421 Gibbs Ave 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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