$190,000
SOLD MAY 1, 2014

1 Red Cross Ave Unit 9 Newport, RI 02840

Old Beach Neighborhood
1 Bed
1 Bath
517 Sq Ft
$218/mo HOA Fee

Recently Sold

$368 Per Sq Ft

16% Below List Price

320 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Steam
  • Walking Distance to Water
  • Storage Room
  • Wood Siding

About This Home

As of September 2020

Stunning newly remodeled condo with custom gourmet kitchen with granite and stainless steel appliances. Hardwood floors, beautiful vintage tub and sink, 4 closets, laundry & AC in unit. Heat & HW inc. in fee!!Large yard, parking! Bright and airy unit

Last Agent to Sell the Property

Bridgette Soby

Mott & Chace Sotheby's Intl. License #RES.0029660 Listed on: 05/15/2013

Mott & Chace Sotheby's Intl.

Co-Listed By

Annie Becker

Lila Delman Compass License #REB.0016723

Last Buyer's Agent

Antonette Marshall

Hogan Associates Christie's License #RES.0040112

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1900

HOA Fees

  • $218 Monthly HOA Fees

Home Design

  • Wood Siding
  • Clapboard

Interior Spaces

  • 517 Sq Ft Home
  • 3-Story Property
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • 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

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,950

Year Built

Built in 1900

Lot Details

0

HOA Fees

$218 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Subdivision Name: Old Beach
  • Above Grade Finished Sq Ft: 517.0
  • 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
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood
  • Has Basement: Full, Unfinished, Walk-Out Access
  • 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
  • Living Area: 517.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Clapboard, Wood Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Cooling: Wall 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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 218.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 1REDCROSSAV9NEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 10

Tax Info

  • Tax Annual Amount: 1950.0
  • Tax Lot: 20
  • Tax Year: 2012

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
$477,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,961
Avg. Annual Appreciation
13.25%
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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Average Value
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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 Type Sale Price Title Company
Warranty Deed $260,000 None Available
Warranty Deed $229,000 --
Warranty Deed $190,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,000 New Conventional
Previous Owner $170,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $171,750 Stand Alone Refi Refinance Of Original Loan
Previous Owner $150,800 New Conventional
Previous Owner $20,000 Unknown
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

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Map

Source: State-Wide MLS

MLS Number: 1041147

State-Wide MLS

APN: NEWP-000026-000020-000009