$2,080,000 - $4,395,000
RENTED FEB 27, 2025

2 Red Cross Terrace Newport, RI 02840

Old Beach Neighborhood
3 Beds
2 Baths
1,387 Sq Ft
$2,503 Price per Sq Ft

About This Home

AVAILABLE 9/1/2025 - 5/31/2026. Welcome to 2 Red Cross Terrace, truly located in one of the best walking neighborhoods in Newport, just steps from the cliff walk, beach, tennis hall of fame, Bellevue mansions, and Downtown Newport shops and restaurants. Enter this sunny second floor unit via a private entrance where you are greeted with open concept living. The living room area has a working fireplace and the dining room area opens into the eat in kitchen. Off the kitchen you will enjoy a sunny balcony with plenty of room for dinning and overlooks the private, professionally landscaped, property. There are hardwood floors throughout along with built in bookshelves and tasteful furnishings. The main level also includes the primary bedroom suite with a newly renovated bath and ample closet space. Upstairs are two additional bedrooms and a full bathroom. This unit has just been freshly painted, includes 3 A/C wall units and washer and dryer on the main level. There are also two off street parking spaces. No Pets

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 1998
Sold by
Feldman Dorothy M
Bought by
Elliott Harold D and Elliott Deborah
Current Estimated Value
$3,471,731
Source: Public Records

Range of Values:

Collateral Analytics

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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 Buyer Sale Price Title Company
Elliott Harold D $615,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Rented $3,000 0.0% --
01/17/2025 01/17/25 For Rent $3,000 +20.0% --
08/26/2024 08/26/24 Rented $2,500 0.0% --
08/01/2024 08/01/24 Price Changed $2,500 -7.4% $2 / Sq Ft
07/17/2024 07/17/24 For Rent $2,700 -- --

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 $29,917 $4,292,200 $796,000 $3,496,200
2023 $27,283 $2,750,300 $494,400 $2,255,900
2022 $26,430 $2,750,300 $494,400 $2,255,900
2021 $25,660 $2,750,300 $494,400 $2,255,900
2020 $20,116 $1,956,800 $481,100 $1,475,700
2019 $20,116 $1,956,800 $481,100 $1,475,700
2018 $19,548 $1,956,800 $481,100 $1,475,700
2017 $18,502 $1,650,500 $395,800 $1,254,700
2016 $18,040 $1,650,500 $395,800 $1,254,700
2015 $17,611 $1,650,500 $395,800 $1,254,700
2014 $17,838 $1,479,100 $344,200 $1,134,900
Source: Public Records

Agents Affiliated with this Home

  • Ben Willett

    Seller's Agent in 2025

    Ben Willett

    RE/MAX Results

    (401) 835-8810

    128 Total Sales

    Ben Willett
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Map

Rhode Island Newport County Newport 02840 Old Beach

2 Red Cross Terrace, Newport, RI

This home is located at 2 Red Cross Terrace, Newport, RI 02840 and is currently estimated at $3,471,731, approximately $2,503 per square foot. 2 Red Cross Terrace 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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