NOT LISTED FOR SALE

75 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $850,000 - $1,172,000

3 Beds
3 Baths
2,209 Sq Ft
$429/Sq Ft Est. Value

Last Sold July 16, 2012

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

Est. 245% increase in value since last sale

Current estimated payment $5,388/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: 10/19/2011

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
  • Hot Water Heating System
  • 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)

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

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 19, 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
$947,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$672,851
Avg. Annual Appreciation
9.70%
Original Mortgage
$137,500
Outstanding Balance
$95,407
Interest Rate
3.78%
Estimated Equity
$852,444
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

    67 Total Sales

    David McCauley
    Section Image

  • L

    Buyer's Agent in 2012

    Loretta Swanson

    William Raveis Inspire

    (401) 742-1544

    1 in this area

    6 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

Not Listed for Sale

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