NOT LISTED FOR SALE

75 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $868,000 - $990,373

3 Beds
3 Baths
2,209 Sq Ft
$416/Sq Ft Est. Value

Last Sold July 16, 2012

Last sale price $275,000 $124 Per Sq Ft

Est. 234% increase in value since last sale

Current estimated payment $5,253/month

238 Days on Market

Highlights

  • Wood Flooring
  • Attic
  • Porch
  • Victorian Architecture
  • 2 Car Detached Garage
  • Storm Windows

About This Home

As of July 2012

LARGE VICTORIAN PRESENTLY ZONED WITH A PROFESSIONAL OFFICE ON 1ST FLOOR & A 3 BEDROOM APT ON 2ND FLOOR. TWO CAR GARAGE AND OFF STREET PARKING FOR 6 CARS.ONE BLOCK IN FROM BROADWAY. CLOSE TO BUS LINE, SHOPPING, SCHOOLS, AND HOSPITAL. WALK TO DOWNTOWN

Last Agent to Sell the Property

David McCauley

RE/MAX Profnl. Newport, Inc. License #REB.0010905 Listed on: 10/21/2011

RE/MAX Profnl. Newport, Inc.

Last Buyer's Agent

Loretta Swanson

William Raveis Inspire License #RES.0032358

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,393

Year Built

  • Built in 1917

Lot Details

  • 7,830 Sq Ft Lot
  • Property is zoned R-10

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Victorian Architecture
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 2,209 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Storm Windows
  • Storm Doors

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater

Additional Features

  • Porch
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 75GIBBSAVNEWP

Community Details

Overview

  • Between Bliss & Kay Subdivision

Amenities

  • Shops
  • Public Transportation

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,393

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1798
  • Subdivision Name: BETWEEN BLISS & KAY
  • Above Grade Finished Sq Ft: 2209.0
  • Architectural Style: Victorian
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1917
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Living Area: 2209.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • 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, Near Schools, Public Transportation, Shopping, Sidewalks
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7830.0
  • Parcel #: 75GIBBSAVNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3393.0
  • Tax Lot: 126
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2011
Closed on
Jul 9, 2012
Sold by
James K Herstoff Ret
Bought by
Gullison John
Seller's Agent
David McCauley
RE/MAX Profnl. Newport, Inc.
Buyer's Agent
Loretta Swanson
William Raveis Inspire
List Price
$349,900
Sold Price
$275,000
Premium/Discount to List
-$74,900
-21.41%
Current Estimated Value
$919,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,593
Avg. Annual Appreciation
9.59%
Original Mortgage
$137,500
Outstanding Balance
$95,407
Interest Rate
3.78%
Estimated Equity
$824,186
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
Gullison John $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gullison John $137,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $275,000 -21.4% $124 / Sq Ft
06/16/2012 06/16/12 Pending -- -- --
10/21/2011 10/21/11 For Sale $349,900 -- $158 / 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 $4,769 $664,200 $247,800 $416,400
2024 $4,629 $664,200 $247,800 $416,400
2023 $4,358 $439,300 $175,200 $264,100
2022 $4,222 $439,300 $175,200 $264,100
2021 $4,099 $439,300 $175,200 $264,100
2020 $3,816 $371,200 $144,300 $226,900
2019 $3,816 $371,200 $144,300 $226,900
2018 $3,708 $371,200 $144,300 $226,900
2017 $3,469 $309,500 $111,000 $198,500
2016 $3,383 $309,500 $111,000 $198,500
2015 $3,302 $309,500 $111,000 $198,500
2014 -- $328,000 $111,000 $217,000
Source: Public Records

Agents Affiliated with this Home

  • David McCauley

    Seller's Agent in 2012

    David McCauley

    RE/MAX Profnl. Newport, Inc.

    (401) 862-6206

    71 Total Sales

    David McCauley
    Section Image

  • L

    Buyer's Agent in 2012

    Loretta Swanson

    William Raveis Inspire

    (401) 742-1544

    1 in this area

    5 Total Sales

    Loretta Swanson
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1004082

State-Wide MLS

APN: NEWP-000011-000000-000126

Rhode Island Newport County Newport 02840 Kay-Catherine

75 Gibbs Ave, Newport, RI

This home is located at 75 Gibbs Ave, Newport, RI 02840 since 21 October 2011 and is currently estimated at $919,593, approximately $416 per square foot. This property was built in 1917. 75 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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