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Sold for $1,370,000
  • $1,370,000

    54 Gibbs Ave, Newport, RI 02840

    5beds
    2,264sqft
    Single Family Residence
    Built in 1910
    10,402.13 Square Feet Lot
    $1,580,500 Zestimate®
    $605/sqft
    $4,157 Estimated rent

    Home value

    $1,580,500

    $1.45M - $1.74M

    $4,157/mo

    Zestimate® history
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    What's special

    Welcome to 54 Gibbs Ave! Located in the desirable Kay/Catherine neighborhood, you are just a short stroll to the beaches, mansions, Cliff Walk & Downtown restaurants/shopping. This well-appointed, turnkey home has been lovingly updated and maintained by the current owners since purchasing it in 1996. This home maintains many original details yet has undergone numerous recent updates including a brand-new custom designed kitchen in 2024. The large 10,400 square foot lot is hard to come by in the area and provides serenity and seclusion from the world as well as a home to a variety of song birds that frequent it. The property is actually comprised of three lots that were merged years ago however, with frontage on both Gibbs Ave and Findley Place and such a large developable footprint, this property provides a great array of future uses. In addition to the beautiful new kitchen, the first floor includes a spacious living room, formal dining room, a large walk in pantry, 2 bedrooms and a full bathroom. The second floor features 3 additional bedrooms, a full bathroom, and an office/6th sleeping space. Enjoy the summer month in your enormous private back yard and showering off from the beach in the outdoor shower and the winter months sitting by the working fireplace in the front living room. Off street parking for 2 could easily be expanded.

    Zillow last checked:

    Listing updated:

    Listed by:

    Benjamin Willett 401-835-8810,

    Keller Williams Coastal

    Bought with:

    Fitzpatrick Team

    RE/MAX Results

    Source: StateWide MLS RI,MLS#: 1362877MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Bath w Tub & Shower
    Heating
    • Oil, Forced Water
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Dryer, Range Hood, Microwave, Oven/Range, Refrigerator, Washer
    Features
    • Stairs, Plumbing (Copper), Plumbing (PVC), Insulation (Walls)
    • Flooring: Hardwood
    • Basement: Full,Interior Entry,Unfinished
    • Number of fireplaces: 1
    • Fireplace features: Brick
    Interior area
    • Total structure area: 2,264
    • Total interior livable area: 2,264 sqft
    • Finished area above ground: 2,264
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage
    Features
    • Fencing: Fenced
    • Waterfront features: Walk to Salt Water
    Lot
    • Size: 10,402 sqft
    • Features: Extra Lot, Sidewalks
    Details
    • Parcel number: NEWPM011B0303
    • Special conditions: Conventional/Market Value

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Shingles
    • Foundation: Mixed
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Utilities for property: Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Newport

    Price history

    DateEventPrice
    9/13/2024Sold$1,370,000-1.4%$605/sqft
    Source: StateWide MLS RI #1362877 Report a problem
    7/24/2024Contingent$1,390,000$614/sqft
    Source: StateWide MLS RI #1362877 Report a problem
    7/4/2024Listed for sale$1,390,000+3%$614/sqft
    Source: StateWide MLS RI #1362877 Report a problem
    11/19/2023Listing removed--
    Source: StateWide MLS RI #1341768 Report a problem
    11/11/2023Pending sale$1,350,000$596/sqft
    Source: StateWide MLS RI #1341768 Report a problem
    8/14/2023Listed for sale$1,350,000+900%$596/sqft
    Source: StateWide MLS RI #1341768 Report a problem
    8/29/1996Sold$135,000$60/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,264 +71.6%$836,000 +37.6%
    2024$4,234 +6%$607,500 +46.2%
    2023$3,994 $415,600
    2022$3,994 +3%$415,600
    2021$3,878 -2.7%$415,600 +7.3%
    2020$3,984 $387,500
    2019$3,984 +2.9%$387,500
    2018$3,871 -11%$387,500 -0.1%
    2017$4,347 +2.5%$387,800
    2016$4,239 +2.4%$387,800
    2015$4,138 +7.2%$387,800 +21.1%
    2014$3,860 +6.2%$320,100
    2012$3,636 -9%$320,100 -20.4%
    2011$3,995 +3.9%$402,300
    2010$3,846 +0.4%$402,300
    2009$3,830 +2.4%$402,300 -6.8%
    2008$3,741 +3.9%$431,500
    2007$3,599 +4%$431,500
    2006$3,461 +11%$431,500 +97.8%
    2005$3,118 +11.2%$218,200
    2002$2,804 $218,200

    Find assessor info on the county website

    Neighborhood: Kay/Catherine

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,580,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,580,500