NOT LISTED FOR SALE

1 Red Cross Ave Unit 4 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $590,000 - $729,000

1 Bed
1 Bath
976 Sq Ft
$379/mo HOA Fee

Last Sold March 23, 2017

Last sale price $270,000 $277 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,270/month

252 Days on Market

Highlights

  • Marina
  • Marble Flooring
  • Den
  • Golf Course Community
  • Tennis Courts
  • Walking Distance to Water

About This Home

As of March 2017

Light filled and very spacious condo with high ceilings, gas FP, updated kitchen with granite /stainless and contemporary counter, new bath with marble floors, master with california closet, plenty of storage space. Easy walk to beach and town.

Last Agent to Sell the Property

Tina Wiley

Gustave White Sotheby's Realty License #RES.0033933 Listed on: 06/13/2016

Gustave White Sotheby's Realty

Last Buyer's Agent

Teri Degnan

Teri Degnan RE & Consulting License #REC.0015615

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,095

Year Built

  • Built in 1900

HOA Fees

  • $379 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 976 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Partially Finished Basement

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

Home Security

Parking

  • 2 Parking Spaces
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Hot Water Heating System
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 1REDCROSSAV4NEWP

Community Details

Overview

  • 13 Units
  • Red Cross/Old Beach Rd Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,095

Year Built

Built in 1900

Lot Details

0

HOA Fees

$379 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: RED CROSS/OLD BEACH RD
  • Above Grade Finished Sq Ft: 976.0
  • Building Name: Maple Shade
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access
  • Fireplace Features: Masonry
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Cable TV
  • Living Area: 976.0
  • Dining Room Type: Den, Dining Room, Kitchen, Living Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 379.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1REDCROSSAV4NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 13

Tax Info

  • Tax Annual Amount: 3095.0
  • Tax Lot: 20
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2016
Closed on
Mar 23, 2017
Sold by
Perrault Paul A and Perrault Lisa E
Bought by
Wallace Joseph P and Wallace Tracey L
Seller's Agent
Tina Wiley
Gustave White Sotheby's Realty
Buyer's Agent
Teri Degnan
Teri Degnan RE & Consulting
List Price
$329,000
Sold Price
$270,000
Premium/Discount to List
-$59,000
-17.93%
Current Estimated Value
$666,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,810
Avg. Annual Appreciation
10.94%
Original Mortgage
$216,000
Outstanding Balance
$179,119
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$487,691

Purchase Details

Closed on
May 6, 2013
Sold by
Pendleton-Cataldo Carolyn and Cataldo Peter W
Bought by
Pendleton-Cataldo Carolyn

Purchase Details

Closed on
Dec 14, 2010
Sold by
Bisconti Michael P and Bisconti Dana S
Bought by
Pendleton-Cataldo Carolyn and Cataldo Peter W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wallace Joseph P $270,000 --
Pendleton-Cataldo Carolyn -- --
Pendleton-Cataldo Carolyn $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wallace Joseph P $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/23/2017 03/23/17 Sold $270,000 -17.9% $277 / Sq Ft
02/21/2017 02/21/17 Pending -- -- --
06/13/2016 06/13/16 For Sale $329,000 +8.6% $337 / Sq Ft
04/11/2014 04/11/14 Sold $303,000 -9.6% $310 / Sq Ft View Prior Sale
03/12/2014 03/12/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $335,000 -- $343 / 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
2025 $4,560 $524,800 $0 $524,800
2024 $4,528 $550,900 $0 $550,900
2023 $3,297 $332,400 $0 $332,400
2022 $3,194 $332,400 $0 $332,400
2021 $3,101 $332,400 $0 $332,400
2020 $2,911 $283,200 $0 $283,200
2019 $2,911 $283,200 $0 $283,200
2018 $2,829 $283,200 $0 $283,200
2017 $3,175 $283,200 $0 $283,200
2016 $3,095 $283,200 $0 $283,200
2015 $3,022 $283,200 $0 $283,200
2014 $3,230 $267,800 $0 $267,800
Source: Public Records

Agents Affiliated with this Home

  • Tina Wiley

    Seller's Agent in 2017

    Tina Wiley

    Gustave White Sotheby's Realty

    (401) 447-9609

    4 in this area

    52 Total Sales

    Tina Wiley
    Section Image
  • Teri Degnan

    Buyer's Agent in 2017

    Teri Degnan

    Teri Degnan RE & Consulting

    (401) 474-9191

    4 in this area

    136 Total Sales

    Teri Degnan
    Section Image

  • V

    Seller's Agent in 2014

    Vincent Marcello

    William Raveis Inspire

    (401) 529-1620

    Vincent Marcello
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1128783

State-Wide MLS

APN: NEWP-000026-000020-000004

Rhode Island Newport County Newport 02840 Old Beach

1 Red Cross Ave Unit 4, Newport, RI

Not Listed for Sale

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