NOT LISTED FOR SALE

1 Red Cross Ave Unit 3 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $679,000 - $1,051,000

3 Beds
2 Baths
1,401 Sq Ft
$484/mo HOA Fee

Last Sold April 18, 2022

Last sale price $675,000 $482 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,744/month

Highlights

  • Wood Flooring
  • Recreation Facilities
  • 1 Car Detached Garage
  • 2 Fireplaces
  • Walking Distance to Water
  • Bathtub with Shower

About This Home

As of April 2022

"Maple Shade" at the corner of 1 Red Cross Avenue and Old Beach Road is a lovely high Victorian built by George Champlin Mason in 1871-1872 that is now a condominium complex. We have here for sale a stylish 2-3 bedroom unit n the first floor with two working fireplaces, lovely hardwood floors, soaring high ceilings, two bathrooms, generously sized closets and an updated kitchen. This residence also include a garage plus one outside parking place. Access to the unit is both through the dramatic front entrance or by its own side entrance that leads into the kitchen. Heat and hot water are included. Pets allowed.

Last Listed By

Michelle Drum

Gustave White Sotheby's Realty License #REB.0013061 Listed on: 03/15/2022

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,084

Year Built

  • Built in 1871

HOA Fees

  • $484 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Wood Siding
  • Plaster

Interior Spaces

  • 1,401 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Walking Distance to Water

Utilities

  • No Cooling
  • Central Heating
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 1REDCROSS3NEWP

Community Details

Overview

  • 10 Units

Amenities

  • Public Transportation

Recreation

  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,084

Year Built

Built in 1871

Lot Details

0

HOA Fees

$484 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Above Grade Finished Sq Ft: 1401.0
  • Building Name: Maple Shade
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1871
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Oven, Range, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Bathtub, Tub Shower
  • Living Area: 1401.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Wood Siding
  • Foundation Details: Brick/Mortar, Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Central, Common, Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Public, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Near Schools, Public Transportation, Recreation Area
  • Senior Community: No
  • Association Fee: 484.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1REDCROSS3NEWP
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 4084.0
  • Tax Lot: 20
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2006
Sold by
Viens Sharon
Bought by
Coldwell Frank and Coldwell Peggy
Total Days on Market
0
Current Estimated Value
$872,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$571,500
Outstanding Balance
$354,403
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$539,495

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Coldwell Frank $635,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coldwell Frank $186,000
Open Coldwell Frank $571,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $675,000 0.0% $482 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $675,000 -- $482 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,090 $730,300 $0 $730,300
2023 $4,342 $437,700 $0 $437,700
2022 $4,206 $437,700 $0 $437,700
2021 $4,084 $437,700 $0 $437,700
2020 $3,988 $387,900 $0 $387,900
2019 $3,988 $387,900 $0 $387,900
2018 $3,875 $387,900 $0 $387,900
2017 $4,348 $387,900 $0 $387,900
2016 $4,240 $387,900 $0 $387,900
2015 $4,139 $387,900 $0 $387,900
2014 $4,424 $366,800 $0 $366,800
Source: Public Records

Agents Affiliated with this Home

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Source: State-Wide MLS

MLS Number: 1302836

State-Wide MLS

APN: NEWP-000026-000020-000003