$626,000
SOLD SEP 7, 2022

1 Red Cross Ave Unit 6 Newport, RI 02840

Old Beach Neighborhood
2 Beds
1 Bath
1,084 Sq Ft
$398/mo HOA Fee

Recently Sold

$577 Per Sq Ft

54 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Corner Lot
  • Golf Course Community
  • 2 Fireplaces
  • Furnished

About This Home

As of September 2024

Lovely Maple Shade! This 1870s Victorian stands at the corner of Red Cross Ave and Old Beach Rd, a historic section of town central to all of Newport's attractions. This impressive tall mansard is garnished with unique period details and millwork from the porch through your private condominium. Unit 6 is a bright second floor condo that offers two large bedrooms, one bathroom, a wonderful living room, and eat-in kitchen; all encompassed over 1,084 sqft. The living space and primary bedroom will take you right back to the gilded age boasting ornamental fireplaces, 10 1/2 ft ceilings, and massive original windows. The exquisite parquet wood floors are carried through each room, including the eat-in kitchen which was renovated in 2005 to include stone counters and custom ceiling-height inset cabinets. Enjoy a total of six closets in the unit plus a private storage locker in the basement for bikes, beach gear, and then some. The $398 monthly HOA fee includes heat, water, and common laundry facilities. Rules & Regulations permit one pet and up to four leases per year. This unit is being offered furnished (to exclude a small number of decor items). Check out the virtual tour!

Last Agent to Sell the Property

Kelly Moran

William Raveis Inspire License #REB.0018812 Listed on: 03/19/2022

William Raveis Inspire

Last Buyer's Agent

Kevan Campbell

Hogan Associates Christie's License #RES.0034444

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,340

Year Built

  • Built in 1876

HOA Fees

  • $398 Monthly HOA Fees

Home Design

  • Clapboard
  • Plaster

Interior Spaces

  • 1,084 Sq Ft Home
  • 3-Story Property
  • Furnished
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Home Security

Parking

  • 1 Parking Space
  • No Garage
  • Driveway
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

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, trash, water
  • 10 Units
  • Kay Catherine Old Beach 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

$3,340

Year Built

Built in 1876

Lot Details

0

HOA Fees

$398 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Kay-Catherine-Old Beach
  • 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: 1876
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Gas Water Heater, 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
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood, Other
  • Interior Amenities: Tub Shower, Furnished
  • Living Area: 1084.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Hot Water
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 398.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

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

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 3340.0
  • Tax Block: 6
  • Tax Lot: 020
  • Tax Year: 2021

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%
Total Days on Market
54
Views
74
Current Estimated Value
$795,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,322
Avg. Annual Appreciation
-3.28%

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $815,000 None Available
Warranty Deed $815,000 None Available
Condominium Deed $626,000 None Available
Condominium Deed $626,000 None Available
Deed $372,000 --
Deed $372,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $497,250 Stand Alone Refi Refinance Of Original Loan
Previous Owner $469,500 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: State-Wide MLS

MLS Number: 1305487

State-Wide MLS

APN: NEWP-000026-000020-000006