NOT LISTED FOR SALE

98 Gibbs Ave Newport, RI 02840

Kay-Catherine Neighborhood

Estimated Value: $920,356 - $979,000

5 Beds
1.5 Baths
2,169 Sq Ft
$434/Sq Ft Est. Value

Last Sold August 21, 2015

Last sale price $390,000 $180 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $5,443/month

49 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Golf Course Community
  • Victorian Architecture
  • Walking Distance to Water

About This Home

As of August 2015

Charming Victorian on Gibbs Ave ready for immediate occupancy, hardwoods, new windows, large entryway mudroom, parking for 1 car, fenced in yard, master bedroom potential on 3rd floor, easy to show, rental or full time home opportunity.

Last Agent to Sell the Property

Karen Camp

Mott & Chace Sotheby's Intl. License #RES.0032533 Listed on: 06/02/2015

Co-Listed By

Anne Northup Burns

Compass / Lila Delman Compass License #REB.0019345

Compass / Lila Delman Compass

Last Buyer's Agent

Anne Northup Burns

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,488

Year Built

  • Built in 1900

Lot Details

  • 2,614 Sq Ft Lot
  • Property is zoned R-10

Home Design

  • Victorian Architecture
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2,169 Sq Ft Home
  • 3-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Oil
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 166
  • Assessor Parcel Number 98GIBBSAVNEWP

Community Details

Overview

  • Kay/Gibbs Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,488

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: KAY/GIBBS
  • Above Grade Finished Sq Ft: 2169.0
  • Architectural Style: Victorian
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 2169.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Foundation Details: See Remarks

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 2614.0
  • Parcel #: 98GIBBSAVNEWP
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3488.0
  • Tax Lot: 166
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2015
Closed on
Aug 21, 2015
Sold by
Hollenbaugh Shaun D and Hollenbaugh Maryhelen
Bought by
Hierro Grace and Colgan Henry J
Seller's Agent
Karen Camp
Mott & Chace Sotheby's Intl.
Buyer's Agent
Anne Northup Burns
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Total Days on Market
49
Current Estimated Value
$942,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$552,339
Avg. Annual Appreciation
9.42%
Original Mortgage
$351,000
Outstanding Balance
$280,895
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$660,769

Purchase Details

Closed on
Dec 17, 2004
Sold by
Smith Mary
Bought by
Mendel Stuart and Freiman Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Hierro Grace $390,000 --
Mendel Stuart $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Mary $351,000
Previous Owner Smith Mary $410,000
Previous Owner Smith Mary $135,012
Previous Owner Smith Mary $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2015 08/21/15 Sold $390,000 -2.5% $180 / Sq Ft
07/22/2015 07/22/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $399,900 -- $184 / 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 $5,306 $761,200 $194,400 $566,800
2023 $5,041 $508,200 $137,400 $370,800
2022 $4,884 $508,200 $137,400 $370,800
2021 $4,742 $508,200 $137,400 $370,800
2020 $3,943 $383,600 $126,800 $256,800
2019 $3,943 $383,600 $126,800 $256,800
2018 $3,832 $383,600 $126,800 $256,800
2017 $3,761 $335,500 $97,500 $238,000
2016 $3,667 $335,500 $97,500 $238,000
2015 $3,172 $297,300 $97,500 $199,800
2014 $3,488 $289,200 $97,500 $191,700
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Karen Camp

    Mott & Chace Sotheby's Intl.

  • Anne Northup Burns

    Seller Co-Listing Agent in 2015

    Anne Northup Burns

    Compass / Lila Delman Compass

    (401) 225-6550

    1 in this area

    22 Total Sales

    Anne Northup Burns
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1098211

State-Wide MLS

APN: NEWP-000011-000000-000166

Rhode Island Newport County Newport 02840 Kay-Catherine

98 Gibbs Ave, Newport, RI

This home is located at 98 Gibbs Ave, Newport, RI 02840 since 02 June 2015 and is currently estimated at $942,339, approximately $434 per square foot. This property was built in 1900. 98 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.

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