NOT LISTED FOR SALE

1 Red Cross Ave Unit 6 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $799,000 - $912,000

2 Beds
1 Bath
1,084 Sq Ft
$451/mo HOA Fee

Last Sold September 09, 2024

Last sale price $815,000 $752 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,461/month

48 Days on Market

Highlights

  • Marina
  • 2 Fireplaces
  • Tennis Courts
  • Wood Flooring
  • Corner Lot
  • Walking Distance to Water

About This Home

As of September 2024

Welcome to Maple Shade, a historic Victorian home in the desirable Kay/Catherine neighborhood. Built at the turn of the century, this stately residence is centrally located at the corner of Red Cross Ave and Old Beach Rd, near Bellevue Ave and downtown Newport, and within walking distance to Easton's Beach and the Cliff Walk. The welcoming front porch and expansive grounds highlight the period details of the recently painted exterior. Unit 6, a sunny second-floor unit spanning 1,084 square feet, features two bedrooms and one bath. It boasts 10-foot ceilings, original oversized windows with custom valances and silk Roman shades, and parquet hardwood floors throughout. The living room and larger guest bedroom, each with a restored marble fireplace and Heatilator inserts, have been freshly plastered and painted. The entire unit features new custom crown molding and custom radiator covers. The updated bathroom includes a new stand-up shower and modern lighting. The comfortable master bedroom features new recessed lighting. The eat-in kitchen offers custom ceiling-height cabinets and updated lighting throughout. With an affordable monthly HOA fee of $451, which includes heat, hot water, water, and more, this unit provides both luxury and convenience. Experience the charm and elegance of a bygone era in this rare and exquisite unit, located in a truly unique building.

Last Agent to Sell the Property

Kevan Campbell

Hogan Associates Christie's Brokerage Phone: 401-556-9563 License #RES.0034444 Listed on: 07/18/2024

Last Buyer's Agent

Cathy Wicks

Hogan Associates Christie's License #REB.0017105

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,566

Year Built

  • Built in 1900

HOA Fees

  • $451 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,084 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Marble Fireplace
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

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

Home Security

Parking

  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service

Listing and Financial Details

  • Legal Lot and Block 020 / 6
  • Assessor Parcel Number 1REDCROSSAV6NEWP

Community Details

Overview

  • Association fees include heat, hot water, laundry, ground maintenance, parking, sewer, snow removal, trash, water
  • 10 Units
  • Kay Catherine Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Pets Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,566

Year Built

Built in 1900

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Kay Catherine
  • Above Grade Finished Sq Ft: 1084.0
  • 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
  • Attribution Contact: 401-556-9563
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Second Floor Access
  • Fireplace Features: Masonry, Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Parquet
  • Interior Amenities: Stall Shower
  • Living Area: 1084.0
  • Dining Room Type: Laundry, Storage Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Laundry Features: Common Area
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Water Source: Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 451.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Heat, Hot Water, Laundry, Maintenance Grounds, Parking, Sewer, Snow Removal, Trash, Water

Lot Info

  • Parcel #: 1REDCROSSAV6NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 5566.02
  • Tax Block: 6
  • Tax Lot: 020
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2024
Closed on
Sep 5, 2024
Sold by
Glemser Daniel and Frohmberg David R
Bought by
Lisa M Schenck T M and Lisa Schenck
Seller's Agent
Kevan Campbell
Hogan Associates Christie's
Buyer's Agent
Cathy Wicks
Hogan Associates Christie's
List Price
$849,900
Sold Price
$815,000
Premium/Discount to List
-$34,900
-4.11%
Views
74
Current Estimated Value
$869,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,638
Avg. Annual Appreciation
5.56%

Purchase Details

Listed on
Mar 19, 2022
Closed on
Sep 1, 2022
Sold by
Rapoport Ronald J and Rapoport Jenny M
Bought by
Glemser Daniel and Frohmberg David R
Seller's Agent
Kelly Moran
William Raveis Inspire
Buyer's Agent
Kevan Campbell
Hogan Associates Christie's
List Price
$626,000
Sold Price
$626,000
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$469,500
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2005
Sold by
Cardoza George S
Bought by
Raporort Ronald J and Raporort Jenny M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lisa M Schenck T M $815,000 None Available
Lisa M Schenck T M $815,000 None Available
Glemser Daniel $626,000 None Available
Glemser Daniel $626,000 None Available
Raporort Ronald J $372,000 --
Raporort Ronald J $372,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glemser Daniel $469,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/09/2024 09/09/24 Sold $815,000 0.0% $752 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/31/2024 08/31/24 Off Market $815,000 -- --
07/18/2024 07/18/24 For Sale $849,900 +35.8% $784 / Sq Ft
09/07/2022 09/07/22 Sold $626,000 0.0% $577 / Sq Ft View Prior Sale
05/13/2022 05/13/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $626,000 -- $577 / 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 $5,174 $595,500 $0 $595,500
2024 $4,895 $595,500 $0 $595,500
2023 $3,551 $358,000 $0 $358,000
2022 $3,440 $358,000 $0 $358,000
2021 $3,340 $358,000 $0 $358,000
2020 $3,145 $305,900 $0 $305,900
2019 $3,145 $305,900 $0 $305,900
2018 $3,056 $305,900 $0 $305,900
2017 $3,429 $305,900 $0 $305,900
2016 $3,343 $305,900 $0 $305,900
2015 $3,264 $305,900 $0 $305,900
2014 $3,490 $289,400 $0 $289,400
Source: Public Records

Agents Affiliated with this Home

  • Kevan Campbell

    Seller's Agent in 2024

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    2 in this area

    71 Total Sales

    Kevan Campbell
    Section Image
  • Cathy Wicks

    Buyer's Agent in 2024

    Cathy Wicks

    Hogan Associates Christie's

    (401) 225-8555

    1 in this area

    67 Total Sales

    Cathy Wicks
    Section Image
  • Kelly Moran

    Seller's Agent in 2022

    Kelly Moran

    William Raveis Inspire

    (631) 807-2198

    1 in this area

    37 Total Sales

    Kelly Moran
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1364097

State-Wide MLS

APN: NEWP-000026-000020-000006

Rhode Island Newport County Newport 02840 Old Beach

1 Red Cross Ave Unit 6, Newport, RI

Not Listed for Sale

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