See Home Value
$3,695,000
House - Off Market

425 Gibbs

Newport, RI 02840
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
$19,279
Estimated Monthly
$0
HOA / Fees
0.93%
Cap Rate

About This Property

Fresh as New Coastal Cottage! Sweet salt air will draw you to this home just steps from the beach. Sweeping ceilings and bright light with open floor plan offering 2 primary suites, 3 additional bedrooms with 3 full and 1 half baths. Third floor flex room with additional half bath. This home has been redesigned and upgraded with all new custom wood windows, natural cedar siding, new gleaming hardwood floors and a new two car garage with loft, just to name a few. Sprawling lawn with manicured private backyard features a heated saltwater pool and lush plantings. Partially finished lower level with plenty of storage and a second laundry room. This well-appointed home is located in one of the most sought-after areas, walk to Bellevue Ave, beaches, downtown and the Tennis Hall of Fame!
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,135
HOA Dues
-
Year Built
1987
Last updated: 5 months ago (MLSPIN #73154446)

Price History

Date / Event Date Event Price
Dec 29, 2023 Withdrawn -
Withdrawn
Sep 1, 2023 Listed by Coldwell Banker Realty - Newport $3,695,000
Listed by Coldwell Banker Realty - Newport

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 19,998
  • Total Building Area: 2,896
  • Gross Building Area: 5,396
  • Building Area: 2,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,896
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAPLANT JOHN L
  • Current Owner 2: LAPLANT SALLY C
  • Previous Owner : FEINBERG ALAN R
  • Previous Owner 2: FEINBERG DORIS R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Newport School District
  • School Tax School District: NEWPORT PS
  • Census Tract: 040800

Zoning

  • Zoning: R20

Geography

  • Account Number: R09149
  • Parcel: NEWP M:030 B:0074
  • Block: 74
  • Municipality: NEWPORT
  • Latitude: 41.4854
  • Longitude: -71.3007

    Address

  • Full Address: 425 Gibbs Ave
  • Address - House Number: 425
  • Address - Street Name: Gibbs
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Newport
  • Carrier Code: C018
  • 4-Digit Zip Code: 3329
  • Zip Code: 02840

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,483

    Appraisal Valuation

  • Standard Deviation: 0.0936
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 91
  • Final Value: 3,655,344
  • High Value: 3,997,517
  • Low Value: 3,313,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: BANKNEWPORT
  • First Open Lien Mortgage Recording Date: Aug 17, 2018
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,460,000
  • Assessed Land Value: $521,600
  • Assessed Improvements Value: $938,400

    Sales

  • Current Sale Recording Date: Mar 20, 2018
  • Current Sale Transaction ID: 11441487351
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 116254



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3.5 Baths
4,329 ft²
$878/ft²
$3,800,000 Aug 15, 2023
-
$845/mo
House
10 Beds
12.5 Baths
5,707 ft²
$701/ft²
$3,999,399 Mar 10, 2023
-
$1,757/mo
House
7 Beds
4.5 Baths
4,336 ft²
$852/ft²
$3,695,000 May 18, 2023
-
$1,424/mo

About Newport


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Frequently Asked Questions

When was property at 425 Gibbs Avenue built and last sold?
The property at 425 Gibbs Avenue was built in 1987 and last sold on Jan 1, 1970 for $1,100,000.
How much is this home worth?
The estimated value of the home located at 425 Gibbs Avenue is $3,731,950.
What are some comparable homes to 425 Gibbs Avenue?
There are currently no comparable homes to 425 Gibbs Avenue.

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