NOT LISTED FOR SALE

1 Red Cross Ave Unit 9 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $403,000 - $589,000

1 Bed
1 Bath
517 Sq Ft
$235/mo HOA Fee

Last Sold September 16, 2020

Last sale price $260,000 $503 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,237/month

19 Days on Market

Highlights

  • Marina
  • Walking Distance to Water
  • Ductless Heating Or Cooling System
  • Tennis Courts
  • Porch
  • Bathtub with Shower

About This Home

As of September 2020

The perfect pied a terre! This lovely Old Beach condo is located in a highly coveted neighborhood, perfectly situated between Kay/Catherine and Easton's beach. A quick walk downtown or a short stroll to the shore. Featuring an open living and kitchen area. Hardwood floors throughout. The remodeled kitchen has granite countertops, bar seating, and stainless steel appliances. Third floor and plenty of windows allow for lovely tree top views and plenty of sunlight. The bedroom has two closets and two windows overlooking the grounds. A vintage style bathroom with a tub and shower. Beautiful shaded back yard and patio area for grilling. Inviting front porch. Laundry and storage in the basement. Off street parking. Heat, water, grounds maintenance, and plowing are included in the monthly condo fees. New windows in the unit. The association includes a whole house emergency generator, and is professionally managed.

Last Agent to Sell the Property

Danielle Almeida

Lila Delman Compass License #REB.0019093 Listed on: 07/28/2020

Lila Delman Compass

Last Buyer's Agent

Jessica Chase

Gustave White Sotheby's Realty License #RES.0040224

Gustave White Sotheby's Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,898

Year Built

  • Built in 1900

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Combination Foundation
  • Masonry
  • Plaster

Interior Spaces

  • 517 Sq Ft Home
  • 3-Story Property
  • Storage Room
  • Utility Room
  • Ceramic Tile Flooring

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 1REDCROSSAV9NEWP

Community Details

Overview

  • 10 Units
  • Old Beach Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,898

Year Built

Built in 1900

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: Old Beach
  • Above Grade Finished Sq Ft: 517.0
  • Building Name: Maple Shade
  • Entry Level: 3
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1900
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile
  • Interior Amenities: Tub Shower
  • Living Area: 517.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Masonry
  • Exterior Features: Porch
  • Foundation Details: Combination
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: Ductless
  • 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: Marina, Near Hospital, Near Schools, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 235.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1REDCROSSAV9NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 1898.0
  • Tax Lot: 20
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 15, 2020
Sold by
Goulart Kelly and Goulart Kenneth
Bought by
Johnson Matthew C
Seller's Agent
Danielle Almeida
Lila Delman Compass
Buyer's Agent
Jessica Chase
Gustave White Sotheby's Realty
List Price
$265,000
Sold Price
$260,000
Premium/Discount to List
-$5,000
-1.89%
Current Estimated Value
$502,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,489
Avg. Annual Appreciation
12.85%
Original Mortgage
$247,000
Outstanding Balance
$221,178
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$251,214

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 5, 2018
Sold by
Martin Kyle T
Bought by
Goulart Kelly and Goulart Kenneth
Seller's Agent
Courtney Van Beuren
Lila Delman Compass
Buyer's Agent
Danielle Almeida
Lila Delman Compass
List Price
$210,750
Sold Price
$229,000
Premium/Discount to List
$18,250
8.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
May 15, 2013
Closed on
May 1, 2014
Sold by
Goerge S Cardoza Ret
Bought by
Martin Kyle T
Seller's Agent
Bridgette Soby
Mott & Chace Sotheby's Intl.
Buyer's Agent
Antonette Marshall
Hogan Associates Christie's
List Price
$225,000
Sold Price
$190,000
Premium/Discount to List
-$35,000
-15.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$150,800
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Johnson Matthew C $260,000 None Available
Goulart Kelly $229,000 --
Martin Kyle T $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Matthew C $247,000
Previous Owner Goulart Kenneth $170,000
Previous Owner Goulart Kelly $171,750
Previous Owner Martin Kyle T $150,800
Previous Owner Martin Kyle T $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $260,000 -1.9% $503 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $265,000 0.0% $513 / Sq Ft
02/18/2020 02/18/20 For Rent $3,000 -71.2% --
02/18/2020 02/18/20 Rented $10,400 0.0% --
09/05/2018 09/05/18 Sold $229,000 +8.7% $443 / Sq Ft
08/06/2018 08/06/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $210,750 +10.9% $408 / Sq Ft
05/01/2014 05/01/14 Sold $190,000 -15.6% $368 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
05/15/2013 05/15/13 For Sale $225,000 -- $435 / 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 $3,166 $385,100 $0 $385,100
2023 $2,322 $234,100 $0 $234,100
2022 $2,250 $234,100 $0 $234,100
2021 $2,184 $234,100 $0 $234,100
2020 $1,898 $184,600 $0 $184,600
2019 $1,898 $184,600 $0 $184,600
2018 $1,844 $184,600 $0 $184,600
2017 $2,069 $184,600 $0 $184,600
2016 $2,018 $184,600 $0 $184,600
2015 $1,970 $184,600 $0 $184,600
2014 $2,103 $174,400 $0 $174,400
Source: Public Records

Agents Affiliated with this Home

  • Danielle Almeida

    Seller's Agent in 2020

    Danielle Almeida

    Lila Delman Compass

    (401) 662-9645

    1 in this area

    64 Total Sales

    Danielle Almeida
    Section Image

  • D

    Buyer's Agent in 2020

    Dakota Cowell

    William Raveis Inspire

    (774) 226-6427

    8 Total Sales

    Dakota Cowell
    Section Image
  • Jessica Chase

    Buyer's Agent in 2020

    Jessica Chase

    Gustave White Sotheby's Realty

    (401) 864-3596

    5 in this area

    86 Total Sales

    Jessica Chase
    Section Image
  • Courtney Van Beuren

    Seller's Agent in 2018

    Courtney Van Beuren

    Lila Delman Compass

    (401) 297-1334

    1 in this area

    18 Total Sales

    Courtney Van Beuren
    Section Image

  • K

    Seller Co-Listing Agent in 2018

    Kimberly Wells

    Lila Delman Compass

  • Bridgette Soby

    Seller's Agent in 2014

    Bridgette Soby

    Mott & Chace Sotheby's Intl.

    (401) 662-7969

    1 in this area

    114 Total Sales

    Bridgette Soby
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1259784

State-Wide MLS

APN: NEWP-000026-000020-000009

Rhode Island Newport County Newport 02840 Old Beach

1 Red Cross Ave Unit 9, Newport, RI

This home is located at 1 Red Cross Ave Unit 9, Newport, RI 02840 since 28 July 2020 and is currently estimated at $502,489, approximately $971 per square foot. This property was built in 1900. 1 Red Cross Ave Unit 9 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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