$1,445,815 - $2,028,000
RENTED APR 1, 2025

12 Red Cross Terrace Unit 2 Newport, RI 02840

Old Beach Neighborhood
1 Bed
1 Bath
600 Sq Ft
$2,817 Price per Sq Ft

Highlights

  • Marina
  • Furnished
  • Tennis Courts
  • Wood Flooring
  • No HOA
  • Walking Distance to Water

About This Home

As of April 2025

Winter 2025-26. Furnished, updated and nicely appointed rental within steps from Bellevue Ave, Beaches & Downtown. The kitchen has granite counters and stainless appliances as well as a full-sized washer & dryer. The apartment features hardwood floors throughout, off-street parking and a full basement for storage. Pets are negotiable.

Last Agent to Rent the Property

Christine MacDonald

Coldwell Banker Realty License #REB.0019541 Listed on: 01/15/2025

Coldwell Banker Realty

Co-Listed By

Lisa morrison

Coldwell Banker Realty

Last Renter's Agent

Amy Hoag

RE/MAX Profnl. Newport, Inc. License #REB.0015474

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $10,881

Year Built

  • Built in 1956

Lot Details

  • 8,276

Home Design

  • Entry on the 1st floor
  • Clapboard
  • Plaster

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Storage Room
  • Wood Flooring
  • Storm Doors

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Parking

  • 1 Parking Space
  • No Garage
  • Assigned Parking

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Walking Distance to Water
  • 8,276 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Property Available on 9/2/25
  • Month-to-Month Lease Term
  • Assessor Parcel Number 12REDCROSSTER2NEWP

Community Details

Overview

  • No Home Owners Association
  • Kay/Catherine Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts

Pet Policy

  • Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$10,881

Year Built

Built in 1956

Lot Details

0

Rental Info

  • Lease Term: Month To Month
  • Available Date: 2025-09-02
  • Security Deposit: 2300.0

Listing Details

  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.19
  • Co List Office Mls Id: CBRB11
  • Co List Office Phone: 401-845-6900
  • Subdivision Name: Kay/Catherine
  • Above Grade Finished Sq Ft: 600.0
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Apartment
  • Year Built: 1956
  • Pets No Pets Comments: Pets Negotiable
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 600.0
  • Dining Room Type: Storage Room
  • Stories: 1

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Plaster, Clapboard

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • HOA Rent Includes: Common Area Maintenance, Gardener, Laundry Facilities, Parking, Trash Collection
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12REDCROSSTER2NEWP
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Sauve Paul and Sauve Jerilyn
Bought by
Sauvet Family Irt
Current Estimated Value
$1,689,954

Purchase Details

Closed on
Oct 17, 2011
Sold by
Sauve Jerilyn
Bought by
Sauve Paul and Sauve Jerilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.25%
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 Buyer Sale Price Title Company
Sauvet Family Irt -- None Available
Sauve Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sauve Paul $340,000
Previous Owner Sauve Paul $165,000
Previous Owner Sauve Paul $108,250
Previous Owner Sauve Paul $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2025 04/01/25 Rented $3,100 +34.8% --
01/15/2025 01/15/25 For Rent $2,300 -54.0% --
02/20/2024 02/20/24 Rented $5,000 0.0% --
12/29/2023 12/29/23 For Rent $5,000 +212.5% --
01/18/2021 01/18/21 For Rent $1,600 0.0% --
01/18/2021 01/18/21 Rented $1,600 +6.7% --
06/04/2020 06/04/20 Rented $1,500 +7.1% --
05/05/2020 05/05/20 Under Contract -- -- --
01/10/2020 01/10/20 For Rent $1,400 -- --
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 $10,881 $1,252,300 $723,300 $529,000
2024 $10,294 $1,252,300 $723,300 $529,000
2023 $7,546 $760,700 $419,500 $341,200
2022 $7,310 $760,700 $419,500 $341,200
2021 $7,097 $760,700 $419,500 $341,200
2020 $7,072 $687,900 $408,300 $279,600
2019 $7,072 $687,900 $408,300 $279,600
2018 $6,872 $687,900 $408,300 $279,600
2017 $5,562 $496,200 $250,400 $245,800
2016 $5,423 $496,200 $250,400 $245,800
2015 $5,294 $496,200 $250,400 $245,800
2014 $5,154 $427,400 $204,800 $222,600
Source: Public Records

Agents Affiliated with this Home

  • Christine MacDonald

    Landlord's Agent in 2025

    Christine MacDonald

    Coldwell Banker Realty

    (401) 451-1878

    128 Total Sales

    Christine MacDonald
    Section Image
  • Lisa morrison

    Landlord's Co-Listing Agent in 2025

    Lisa morrison

    Coldwell Banker Realty

    (203) 217-3990

    5 in this area

    86 Total Sales

    Lisa morrison
    Section Image
  • Amy Hoag

    Tenant's Agent in 2025

    Amy Hoag

    RE/MAX Profnl. Newport, Inc.

    (401) 481-5135

    23 Total Sales

    Amy Hoag
    Section Image

  • D

    Buyer's Agent in 2024

    Donald Barley

    Hogan Associates Christie's

    (401) 481-2131

    1 Total Sale

    Donald Barley
    Section Image
  • Danielle Almeida

    Buyer's Agent in 2021

    Danielle Almeida

    Lila Delman Compass

    (401) 662-9645

    62 Total Sales

    Danielle Almeida
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1376283

State-Wide MLS

APN: NEWP-000029-000000-000175

Rhode Island Newport County Newport 02840 Old Beach

12 Red Cross Terrace Unit 2, Newport, RI

This home is located at 12 Red Cross Terrace Unit 2, Newport, RI 02840 since 15 January 2025 and is currently priced at $1,689,954. This property was built in 1956. 12 Red Cross Terrace Unit 2 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.

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