NOT LISTED FOR SALE

50 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $929,082 - $1,132,000

4 Beds
1.5 Baths
1,886 Sq Ft
$527/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $355,000 $188 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $5,763/month

25 Days on Market

Highlights

  • Wood Flooring
  • Cedar Closet
  • Public Transportation
  • Skylights
  • Bungalow
  • Shops

About This Home

As of August 2012

Spacious bungalow with 4 bedrooms and 1 1/2 baths. A lot of original details from 1865. Hardwoods throughout. Fenced yard with four off street parking spaces in the Gibbs neighborhood. Estate sale.

Last Agent to Sell the Property

Nicole Pruitt

Teri Degnan RE & Consulting License #RES.0035300 Listed on: 06/20/2012

Last Buyer's Agent

Donna Leathem

Keller Williams Coastal License #RES.0032339

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1865

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Property is zoned R10

Home Design

  • Bungalow
  • Aluminum Siding
  • Plaster

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range with Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 281
  • Assessor Parcel Number 50GIBBSAVNEWP

Community Details

Overview

  • Gibbs Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,576

Year Built

Built in 1865

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: GIBBS
  • Above Grade Finished Sq Ft: 1886.0
  • Architectural Style: Bungalow
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1865
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Exhaust Fan, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Wood
  • Interior Amenities: Cedar Closet(s), Skylights, Cable TV
  • Living Area: 1886.0
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Aluminum Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5227.0
  • Parcel #: 50GIBBSAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3575.8
  • Tax Lot: 281
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2012
Closed on
Aug 30, 2012
Sold by
Gariepy Maureen S Est and Gariepy
Bought by
Younes Khaled M and Younes Pamela E
Seller's Agent
Nicole Pruitt
Teri Degnan RE & Consulting
Buyer's Agent
Donna Leathem
Keller Williams Coastal
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Current Estimated Value
$994,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,771
Avg. Annual Appreciation
8.24%
Original Mortgage
$200,000
Interest Rate
3.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2012
Closed on
Aug 15, 2012
Sold by
Gariepy Maureen S Est and Gariepi
Bought by
Younces Khaled M and Younces Pamela E
Seller's Agent
Nicole Pruitt
Teri Degnan RE & Consulting
Buyer's Agent
Donna Leathem
Keller Williams Coastal
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.67%
Mortgage Type
New Conventional
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
Younes Khaled M $355,000 --
Younces Khaled M $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Younes Khaled M $270,000
Closed Younes Khaled M $80,000
Closed Younces Khaled M $200,000
Previous Owner Gariepy Maureen $607,500
Previous Owner Gariepy Maureen $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $355,000 -2.7% $188 / Sq Ft
07/16/2012 07/16/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $365,000 -- $194 / 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
2024 $5,805 $706,200 $222,000 $484,200
2023 $4,700 $473,800 $156,900 $316,900
2022 $4,553 $473,800 $156,900 $316,900
2021 $4,421 $473,800 $156,900 $316,900
2020 $3,799 $369,600 $131,000 $238,600
2019 $3,799 $369,600 $131,000 $238,600
2018 $3,692 $369,600 $131,000 $238,600
2017 $3,606 $321,700 $100,800 $220,900
2016 $3,516 $321,700 $100,800 $220,900
2015 $3,433 $321,700 $100,800 $220,900
2014 $3,771 $312,700 $100,800 $211,900
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2012

    Nicole Pruitt

    Teri Degnan RE & Consulting

  • D

    Buyer's Agent in 2012

    Donna Leathem

    Keller Williams Coastal

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1020020

State-Wide MLS

APN: NEWP-000011-000000-000281

Rhode Island Newport County Newport 02840 Kay-Catherine

50 Gibbs Ave, Newport, RI

This home is located at 50 Gibbs Ave, Newport, RI 02840 since 20 June 2012 and is currently estimated at $994,771, approximately $527 per square foot. This property was built in 1865. 50 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.

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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