118 Gibbs Rd is a 768 square foot house on a 2.59 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Leicester data, we estimate the home's value is $223,856.
Single-familyProperty Type
1930Year Built
2.59 acresLot Size
$291Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$223,856
$8,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 44% lower than the average sale price ($400K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$486 (+4.4%)
$39,400 + $31,400
$70,800
2024
$466 (+3.1%)
$39,400 + $31,400
$70,800
2023
$452 (+1.6%)
$54,400 + $16,400
$70,800
2022
$445
$54,400 + $16,400
$70,800
2021
$445 (+5.4%)
$54,400 + $16,400
$70,800
2020
$422
$54,400 + $16,400
$70,800
2019
$422
$49,000 + $14,100
$63,100
2018
$422 (−1.5%)
$49,000 + $14,100
$63,100
2017
$428 (−33.8%)
$49,000 + $14,100
$63,100
2016
$647
$49,000 + $14,100
$63,100
2015
$647 (+4.2%)
$49,100 + $37,900
$87,000
2014
$621
$49,100 + $37,900
$87,000
Tax history for 118 Gibbs Rd
Year
Property tax
Land + Additions
Assessment*
2025
$486 (+4.4%)
$39,400 + $31,400
$70,800
2024
$466 (+3.1%)
$39,400 + $31,400
$70,800
2023
$452 (+1.6%)
$54,400 + $16,400
$70,800
2022
$445
$54,400 + $16,400
$70,800
2021
$445 (+5.4%)
$54,400 + $16,400
$70,800
2020
$422
$54,400 + $16,400
$70,800
2019
$422
$49,000 + $14,100
$63,100
2018
$422 (−1.5%)
$49,000 + $14,100
$63,100
2017
$428 (−33.8%)
$49,000 + $14,100
$63,100
2016
$647
$49,000 + $14,100
$63,100
2015
$647 (+4.2%)
$49,100 + $37,900
$87,000
2014
$621
$49,100 + $37,900
$87,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
OU
Open Use District
The OU Open Use District is established as a district in which all uses are allowed by right, except for certain uses that are regulated as conditional uses so as to ensure that neighborhood impact is mitigated. Additionally, those uses which are specific to the Airport Industry District (AI) are excluded from the OU Open Use District. The neighborhood impact from conditional uses will be mitigated through the use of minimum specific site standards combined with general standards which provide the flexibility to impose a higher level of specific site standards dependent upon the degree of neighborhood impact. No zoning permit shall be required for permitted uses in the OU Open Use District.