$174,000
SOLD SEP 6, 2012

1 Red Cross Ave Unit 7 Newport, RI 02840

Old Beach Neighborhood
1 Bed
1 Bath
703 Sq Ft
$212/mo HOA Fee

Recently Sold

$248 Per Sq Ft

34% Below List Price

560 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Living Room
  • Marble Flooring
  • Storm Windows
  • Storage Room

About This Home

As of November 2024

Recently renovated. Custom kitchen cabinets with stainless and granite, original moldings, high ceilings, beautiful wood floors, vintage tub and sink, grounds, parking, fees include heat and hot water. Subject to lender approval. Make an offer!

Last Agent to Sell the Property

Beverly Black

Century 21 Topsail Realty License #RES.0024863 Listed on: 01/24/2011

Last Buyer's Agent

Kevan Campbell

Hogan Associates Christie's License #RES.0034444

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,399

Year Built

  • Built in 1872

HOA Fees

  • $212 Monthly HOA Fees

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 703 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Storage Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 20-7
  • Assessor Parcel Number 1REDCROSSAV7NEWP

Community Details

Overview

  • 10 Units
  • Old Beach / Red Cross Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,399

Year Built

Built in 1872

Lot Details

0

HOA Fees

$212 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: OLD BEACH / RED CROSS
  • Above Grade Finished Sq Ft: 703.0
  • Building Name: MAPLESHADE
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1872
  • Property Sub Type Additional: Condominium
  • Special Features: 12
  • Stories: 3

Interior Features

  • Appliances: Common Water Heater, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: Third Floor or higher Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable TV
  • Living Area: 703.0
  • Dining Room Type: Kitchen, Living Room, Storage Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Common, Gas, Hot Water, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Public Transportation, Shopping
  • Senior Community: No
  • Association Fee: 212.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Cats OK, Dogs OK, Negotiable, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

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

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 2399.0
  • Tax Lot: 20-7
  • Tax Year: 2012

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
560
Views
16
Current Estimated Value
$608,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,753
Avg. Annual Appreciation
4.89%

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
Source: Public Records

Range of Values:

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Average Value
Not Available
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 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

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 $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

  • A

    Seller's Agent in 2024

    Alex Fraioli

    Edge Realty RI

  • G

    Seller's Agent in 2021

    Grace Cimo

    Gustave White Sotheby's Realty

  • B

    Seller's Agent in 2012

    Beverly Black

    Century 21 Topsail Realty

  • K

    Buyer's Agent in 2012

    Kevan Campbell

    Hogan Associates Christie's

See All Agents

Map

Source: State-Wide MLS

MLS Number: 983592

State-Wide MLS

APN: NEWP-000026-000020-000007

Rhode Island Newport County Newport 02840 Old Beach

1 Red Cross Ave Unit 7, Newport, RI

This home is located at 1 Red Cross Ave Unit 7, Newport, RI 02840 and is currently priced at $174,000, approximately $247 per square foot. This property was built in 1872. 1 Red Cross Ave Unit 7 is a home located in Newport County with nearby schools including Rogers High School, St Michael's Country Day School, and St George's School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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