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135 Gibbs Ave

Newport, RI 02840

3 bd 2 ba 1,612 sqft Built 1925 Lot 5,015 sqft single_family
Most recent sale
$751,000
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 30, 2022 Sold $751,000 MLS #1306706
Apr 11, 2022 Listed $695,000 MLS #1306706
Oct 28, 2005 Sold $410,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $490,500 $220,200 $710,700 $5,103
2023 $303,300 $155,600 $458,900 $4,552
2022 $303,300 $155,600 $458,900 $4,410
2021 $303,300 $155,600 $458,900 $4,282
2020 $225,000 $130,100 $355,100 $3,650
2019 $225,000 $130,100 $355,100 $3,650
2018 $225,000 $130,100 $355,100 $3,547
2017 $241,200 $100,100 $341,300 $3,826
2016 $241,200 $100,100 $341,300 $3,730
2015 $241,200 $100,100 $341,300 $3,642
2014 $179,400 $100,100 $279,500 $3,371
2013 $179,400 $100,100 $279,500 $3,273
2006 $262,100 $132,300 $394,400 $3,163

Property facts

Year built
1925
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,612 sqft
Lot size
5,015 sqft
ZIP code
02840
City
Newport
Street
Gibbs Ave
Coordinates
41.49588, -71.30296

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,418
Gross rental yield
3.86%
Implied cap rate
2.51%
Trend-extrapolated value

Frequently asked questions

When did 135 Gibbs Ave last sell?
135 Gibbs Ave most recently sold on Jun 30, 2022 for $751,000.
What is the current tax assessment for 135 Gibbs Ave?
The most recent total assessment for 135 Gibbs Ave (year 2025) is $710,700 with $5,103 in property tax.
How does 135 Gibbs Ave's assessment compare to its last sale price?
The current assessment is 5.4% below the last sale price of $751,000.
When was 135 Gibbs Ave built?
135 Gibbs Ave was built in 1925.
How does 135 Gibbs Ave compare to others on Gibbs Ave?
We track 8 other properties on Gibbs Ave. Browse the list under "Other properties on Gibbs Ave" to compare beds, baths, and sale history.
What are the property facts for 135 Gibbs Ave?
135 Gibbs Ave is a 3 bed, 2 bath, 1,612 sqft, 5,015 sqft lot single_family.
Is 135 Gibbs Ave a flip candidate?
No — 135 Gibbs Ave does not appear in our flips dataset.
Is 135 Gibbs Ave a tax-appeal candidate?
No — 135 Gibbs Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.6%
Implied 1-yr
-14.4%
2026 Q3
$1.12M
2026 Q4
$1.07M
ZIP 02840 — Median Price History + Forecast

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