1 Red Cross Ave Unit 7 Newport, RI 02840
Old Beach Neighborhood
1
Bed
1
Bath
703
Sq Ft
$262/mo
HOA Fee
Highlights
- Spa
- Corner Lot
- Window Unit Cooling System
- Wood Flooring
- Walking Distance to Water
- Public Transportation
About This Home
As of November 2024Welcome 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
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
- 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
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
Total Days on Market
26
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,572
Avg. Annual Appreciation
-1.30%
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%
Original Mortgage
$304,000
Interest Rate
2.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Similar Homes in Newport, RI
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $575,000 | None Available | |
| Warranty Deed | $575,000 | None Available | |
| Warranty Deed | $320,000 | None Available | |
| Warranty Deed | $320,000 | None Available | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Deed | $255,000 | -- | |
| Deed | $255,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $304,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $242,250 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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
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 | $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
146 Total Sales
-
Grace Cimo
Seller's Agent in 2021
Grace Cimo
Gustave White Sotheby's Realty
(401) 222-9651
1 in this area
81 Total Sales
-
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
3 in this area
77 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1369536
APN: NEWP-000026-000020-000007
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