NOT LISTED FOR SALE

1 Red Cross Ave Unit 7 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $590,056 - $658,000

1 Bed
1 Bath
703 Sq Ft
$262/mo HOA Fee

Last Sold November 08, 2024

Last sale price $575,000 $818 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,821/month

26 Days on Market

Highlights

  • Spa
  • Corner Lot
  • Window Unit Cooling System
  • Wood Flooring
  • Walking Distance to Water
  • Public Transportation

About This Home

As of November 2024

Welcome to Maple Shade, a stunning one-bedroom, one-bathroom condo in a beautifully restored Victorian home. Located just a short stroll from Bellevue Avenue, the beach, and the famous Cliff Walk, this charming residence offers large windows, high ceilings, and abundant original details. Enjoy the perfect blend of historic charm and modern convenience in a fantastic location! HOA fee also includes heat, water, sewer and one assigned off-street parking spot!

Last Agent to Sell the Property

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 09/25/2024

Last Buyer's Agent

Alex Fraioli

Edge Realty RI License #RES.0040250 Listed on: 09/25/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1900

HOA Fees

  • $262 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor
  • Combination Foundation
  • Clapboard

Interior Spaces

  • 703 Sq Ft Home
  • 3-Story Property
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Spa
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 020-7
  • Assessor Parcel Number 1REDCROSSAV7NEWP

Community Details

Overview

  • Association fees include heat, water
  • 9 Units
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,066

Year Built

Built in 1900

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 703.0
  • Building Name: Maple Shade
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Small Dogs (under 25 lbs.)
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Private Spa: Yes
  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Jetted Tub
  • Living Area: 703.0
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard
  • Foundation Details: Combination

Garage/Parking

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

Utilities

  • Laundry Features: Common Area, In Unit
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Hospital, Near Schools, Public Transportation, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 262.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Heat, Water

Lot Info

  • Parcel #: 1REDCROSSAV7NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 9

Tax Info

  • Tax Annual Amount: 3066.0
  • Tax Lot: 020-7
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2024
Closed on
Nov 5, 2024
Sold by
Demac Patricia
Bought by
Delacey Athena K and Delacey David P
Seller's Agent
Alex Fraioli
Edge Realty RI
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$575,000
Sold Price
$575,000
Views
16
Current Estimated Value
$618,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,264
Avg. Annual Appreciation
7.22%

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 23, 2021
Sold by
Murray Joy
Bought by
Demac Patricia
Seller's Agent
Grace Cimo
Gustave White Sotheby's Realty
Buyer's Agent
Alex Fraioli
Edge Realty RI
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.63%

Purchase Details

Listed on
Jan 24, 2011
Closed on
Sep 7, 2012
Sold by
Reilly Joseph P
Bought by
Murray Joy
Seller's Agent
Beverly Black
Century 21 Topsail Realty
Buyer's Agent
Kevan Campbell
Hogan Associates Christie's
List Price
$265,000
Sold Price
$174,000
Premium/Discount to List
-$91,000
-34.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Jan 9, 2008
Sold by
Cardoza George S
Bought by
Reilly Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,250
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
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
Delacey Athena K $575,000 None Available
Delacey Athena K $575,000 None Available
Demac Patricia $320,000 None Available
Demac Patricia $320,000 None Available
Murray Joy -- --
Murray Joy -- --
Murray Joy -- --
Reilly Joseph P $255,000 --
Reilly Joseph P $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reilly Joseph P $242,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2024 11/08/24 Sold $575,000 0.0% $818 / Sq Ft
10/21/2024 10/21/24 Pending -- -- --
09/25/2024 09/25/24 For Sale $575,000 +79.7% $818 / Sq Ft
03/30/2021 03/30/21 Sold $320,000 -1.5% $455 / Sq Ft View Prior Sale
02/28/2021 02/28/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $325,000 +86.8% $462 / Sq Ft
09/06/2012 09/06/12 Sold $174,000 -34.3% $248 / Sq Ft View Prior Sale
08/07/2012 08/07/12 Pending -- -- --
01/24/2011 01/24/11 For Sale $265,000 -- $377 / 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 $3,642 $419,100 $0 $419,100
2024 $3,616 $439,900 $0 $439,900
2023 $2,635 $265,600 $0 $265,600
2022 $2,552 $265,600 $0 $265,600
2021 $2,478 $265,600 $0 $265,600
2020 $2,309 $224,600 $0 $224,600
2019 $2,309 $224,600 $0 $224,600
2018 $2,244 $224,600 $0 $224,600
2017 $2,505 $223,500 $0 $223,500
2016 $2,443 $223,500 $0 $223,500
2015 $2,385 $223,500 $0 $223,500
2014 $2,547 $211,200 $0 $211,200
Source: Public Records

Agents Affiliated with this Home

  • Alex Fraioli

    Seller's Agent in 2024

    Alex Fraioli

    Edge Realty RI

    (401) 255-9109

    4 in this area

    135 Total Sales

    Alex Fraioli
    Section Image
  • Grace Cimo

    Seller's Agent in 2021

    Grace Cimo

    Gustave White Sotheby's Realty

    (401) 222-9651

    3 in this area

    85 Total Sales

    Grace Cimo
    Section Image

  • B

    Seller's Agent in 2012

    Beverly Black

    Century 21 Topsail Realty

  • Kevan Campbell

    Buyer's Agent in 2012

    Kevan Campbell

    Hogan Associates Christie's

    (401) 556-9563

    2 in this area

    71 Total Sales

    Kevan Campbell
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1369536

State-Wide MLS

APN: NEWP-000026-000020-000007

Rhode Island Newport County Newport 02840 Old Beach

1 Red Cross Ave Unit 7, Newport, RI

Not Listed for Sale

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