$275,000
SOLD DEC 27, 2012

58 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood
5 Beds
3 Baths
2,280 Sq Ft
3,484 Sq Ft Lot

Recently Sold

$121 Per Sq Ft

1% Below List Price

90 Days on Market

Highlights

  • Beach Access
  • Porch
  • Public Transportation
  • Wood Flooring
  • Security System Owned
  • Shops

About This Home

As of November 2021

Great location to own a two family. Live in one unit and rent the other. Second unit has an in law suite. Close to beaches and all that Newport has to offer. Priced Below Assessment!

Last Agent to Sell the Property

Jennifer Lawrence

Compass / Lila Delman Compass License #REB.0014569 Listed on: 08/28/2012

Last Buyer's Agent

Edith Cushing

RE/MAX Profnl. Newport, Inc. License #REB.0017022

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 1900

Home Design

  • Slab Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,280 Sq Ft Home
  • 3-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Security System Owned

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Porch

Utilities

  • No Cooling
  • Radiant Heating System
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Oil Water Heater

Additional Features

  • 3,484 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 295
  • Assessor Parcel Number 58GIBBSAVNEWP

Community Details

Overview

  • 2 Units
  • Kay St. Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,140

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Subdivision Name: KAY ST.
  • Above Grade Finished Sq Ft: 2280.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oil Water Heater
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Hardwood
  • Living Area: 2280.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Concrete Perimeter, Slab
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Security: Security System Owned
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 3484.0
  • Parcel #: 58GIBBSAVNEWP
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3140.0
  • Tax Lot: 295
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Lauras Landing Llc
Bought by
58 Gibbs Llc
Total Days on Market
90
Current Estimated Value
$926,787

Purchase Details

Closed on
Mar 1, 2024
Sold by
Gill Laura S
Bought by
Lauras Landing Llc

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 10, 2021
Sold by
Richardson Ethan P and Walker Shannon M
Bought by
Gill Laura S
Seller's Agent
Shannon Walker
Hogan Associates Christie's
Buyer's Agent
Harbor to Hill Real Estate Team
Warner Realty Group
List Price
$710,000
Sold Price
$720,000
Premium/Discount to List
$10,000
1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Original Mortgage
$540,000
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2013
Sold by
Viveiros Antone and Rhode Island Hsng & Mtg
Bought by
Viveiros Antone

Purchase Details

Listed on
Aug 28, 2012
Closed on
Dec 17, 2012
Sold by
Viveiros Antone
Bought by
Richardson Ethan P and Walker Shannon M
Seller's Agent
Jennifer Lawrence
Compass / Lila Delman Compass
Buyer's Agent
Edith Cushing
RE/MAX Profnl. Newport, Inc.
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.27%
Original Mortgage
$220,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2005
Sold by
Bouquet River Llc
Bought by
Viveiros Antone

Purchase Details

Closed on
May 10, 2002
Sold by
Nicoletta Andrew F
Bought by
Bouquet River Llc

Purchase Details

Closed on
Apr 8, 1998
Sold by
58 Gibbs Ave Land T and 58 Zaugg
Bought by
Nicoletta Andrew F
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $720,000 None Available
Warranty Deed $720,000 None Available
Deed -- --
Deed -- --
Warranty Deed $275,000 --
Warranty Deed $275,000 --
Deed $287,500 --
Deed $287,500 --
Deed $250,000 --
Deed $250,000 --
Warranty Deed $108,000 --
Warranty Deed $108,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $540,000 Purchase Money Mortgage
Previous Owner $20,000 No Value Available
Previous Owner $220,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Rented $2,800 -3.4% --
01/23/2022 01/23/22 Under Contract -- -- --
01/13/2022 01/13/22 For Rent $2,900 0.0% --
11/10/2021 11/10/21 Sold $720,000 +1.4% $257 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $710,000 +158.2% $254 / Sq Ft
12/27/2012 12/27/12 Sold $275,000 -1.4% $121 / Sq Ft
11/27/2012 11/27/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $279,000 -- $122 / 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 $5,735 $697,700 $206,600 $491,100
2023 $4,509 $454,500 $146,000 $308,500
2022 $4,368 $454,500 $146,000 $308,500
2021 $4,240 $454,500 $146,000 $308,500
2020 $3,732 $363,000 $128,300 $234,700
2019 $3,732 $363,000 $128,300 $234,700
2018 $3,626 $363,000 $128,300 $234,700
2017 $3,412 $304,400 $98,700 $205,700
2016 $3,327 $304,400 $98,700 $205,700
2015 $3,248 $304,400 $98,700 $205,700
2014 $3,412 $282,900 $98,700 $184,200
Source: Public Records

Agents Affiliated with this Home

  • Alisha Juzapavicus

    Seller's Agent in 2022

    Alisha Juzapavicus

    Warner Realty Group

    (631) 338-1771

    1 in this area

    37 Total Sales

    Alisha Juzapavicus
    Section Image

  • P

    Buyer's Agent in 2022

    Paige Kane

    Warner Realty Group

    (401) 662-6775

    11 Total Sales

    Paige Kane
    Section Image
  • Shannon Walker

    Seller's Agent in 2021

    Shannon Walker

    Hogan Associates Christie's

    (401) 556-4777

    4 in this area

    34 Total Sales

    Shannon Walker
    Section Image
  • Jennifer Lawrence

    Seller's Agent in 2012

    Jennifer Lawrence

    Compass / Lila Delman Compass

    (401) 848-2101

    63 Total Sales

    Jennifer Lawrence
    Section Image
  • Edith Cushing

    Buyer's Agent in 2012

    Edith Cushing

    RE/MAX Profnl. Newport, Inc.

    (401) 862-7703

    5 in this area

    50 Total Sales

    Edith Cushing
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1024615

State-Wide MLS

APN: NEWP-000011-000000-000295

Rhode Island Newport County Newport 02840 Kay-Catherine

58 Gibbs Ave, Newport, RI

This home is located at 58 Gibbs Ave, Newport, RI 02840 and is currently priced at $275,000, approximately $120 per square foot. This property was built in 1900. 58 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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