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CondominiumResidential
$986,037$771 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 91How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $400,000 on Mar 2, 2018

397 GIBBS AVE

NEWPORT, RI 02840
Building report
2
Beds
1.5
Baths
1,279 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
1900
Year BuiltThe year the home was originally built, according to county records.
3
StoriesHow many floors the home has above ground.
4
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.

Valuation

$986K
$895K low$1.1M high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$400,000 · Mar 2, 2018

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$8,315 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$957,000 (2025)
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$957,000

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.34
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
5
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
55
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
82
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
28
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
StyleThe architectural style of the home, such as ranch or colonial.Condo/Apartment
CountyNEWPORT
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1992
ConstructionThe main material the home's frame and walls are built from.Frame (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Hot Water
FireplaceWhether the home has a fireplace, and what kind.Yes
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Frank E. Thompson Middle SchoolD+
Middle · Grades 5–8 · 0.6 mi
E
Claiborne Pell Elementary SchoolC-
Elementary · Grades PK–4 · 1.5 mi
H
Rogers High SchoolC
High · Grades 9–12 · 1.7 mi

District: Newport School District

Neighborhood · ZIP 02840These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.126
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.99
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.51

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.82%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.31%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.12%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.23,137
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.2,164 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$91,578
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$120,528
Average tempThe average temperature here across a full year.51°F
Annual precipHow much rain and melted snow falls here in a typical year.47 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.58%

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

397 Gibbs Ave measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 65% of homes in Newport County
  • Costs more per square foot than 82% of homes in Newport County
  • Smaller than 70% of homes in Newport 02840
  • Older than 84% of homes in Newport County

What homes are worth in Newport 02840

Each bar is how many homes fall in that price range. The marker is this home.

This home
$354K$6.2M

This home is worth more than 49% of homes in Newport 02840.

How it measures up in Newport 02840

The dot is this home. The mark in the middle is the typical home in Newport 02840.

Estimated value$986,037
CheaperTypical $993,413Pricier

Pricier than 49% of homes nearby

Price per ft²$771
CheaperTypical $702Pricier

Pricier than 62% of homes nearby

Living area1,279 ft²
SmallerTypical 1,655 ft²Bigger

Bigger than 30% of homes nearby

Year built1900
OlderTypical 1920Newer

Newer than 43% of homes nearby

How 397 Gibbs Ave ranks against every home in each area.
MeasureThis homeNewport 02840Newport County
Estimated valuepricier than$986,03749% of homes65% of homes
Price per ft²pricier than$77162% of homes82% of homes
Living areabigger than1,279 ft²30% of homes31% of homes
Year builtnewer than190043% of homes16% of homes

About 397 Gibbs Ave

How much is 397 Gibbs Ave, Newport, RI worth?

The TopHap Estimate for 397 Gibbs Ave, Newport, RI is $986,037 as of Sep 24, 2026. The likely range is $895,012 to $1,077,062. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 397 Gibbs Ave, Newport, RI last sell?

397 Gibbs Ave, Newport, RI last sold on Mar 2, 2018 for $400,000, according to the county's recorded deed. TopHap holds 2 recorded sales for this parcel.

How big is 397 Gibbs Ave, Newport, RI?

397 Gibbs Ave, Newport, RI has 2 bedrooms, 1.5 bathrooms and 1,279 square feet of living space.

When was 397 Gibbs Ave, Newport, RI built?

397 Gibbs Ave, Newport, RI was built in 1900, making it 126 years old. It is a condo/apartment home. The building has 3 stories.

What schools serve 397 Gibbs Ave, Newport, RI?

397 Gibbs Ave, Newport, RI is assigned to Frank E. Thompson Middle School (middle), rated D+; Claiborne Pell Elementary School (elementary), rated C-; Rogers High School (high), rated C. All sit in Newport School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 397 Gibbs Ave, Newport, RI compare to other homes in Newport 02840?

Among the 8,542 homes in Newport 02840, it is worth more than 49% of them ($986,037 against a typical $993,413), its price per square foot is higher than 62% of them ($771 against a typical $702), it is bigger than 30% of them (1,279 ft² against a typical 1,655 ft²) and it is newer than 43% of them (1900 against a typical 1920). Measured against all of Newport County, it is worth more than 65% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 397 Gibbs Ave, Newport, RI?

The 2025 property tax bill for 397 Gibbs Ave, Newport, RI was $8,315. The county assessed it at $957,000.

More homes on Gibbs Ave

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Assigned schools

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