NOT LISTED FOR SALE

3 Red Cross Ave Unit 1 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $662,000 - $819,000

2 Beds
3 Baths
1,333 Sq Ft
$544/Sq Ft Est. Value

About This Home

A++ location. Beautiful tree-lined street just set back from downtown. 10 minute walk to downtown, Broadway's restaurant row and the cliff walk. Enjoy 2 levels of living in this townhouse style condo, private parking and small outdoor space. 2 bedrooms with ensuite baths and first floor half bath. Come enjoy everything Newport has to offer. Currently available for June, July and August 2018 at $5000/month. Possibility of renting for individual months.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Newport City Of
Bought by
Taylor John N
Current Estimated Value
$725,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Outstanding Balance
$852,049
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$56,273

Purchase Details

Closed on
Oct 3, 2020
Sold by
Portley Timothy J and Portley Marjorie G
Bought by
Ryan Christopher J and Ryan Tiffany L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Outstanding Balance
$852,049
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
-$56,273

Purchase Details

Closed on
Jan 18, 2013
Sold by
Portley Timothy J and Portley Marjorie G
Bought by
Portley Timothy J and Portley Marjorie G

Purchase Details

Closed on
Jan 15, 2010
Sold by
Cline Christopher
Bought by
Portley Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2000
Sold by
Deangelo Anne S and Deangelo Salvatore J
Bought by
Cline Christopher

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Taylor John N $2,892 None Available
Ryan Christopher J $1,025,000 None Available
Portley Timothy J -- --
Portley Timothy $325,000 --
Cline Christopher $239,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan Christopher J $214,500
Open Ryan Christopher J $920,000
Closed Ryan Christopher J $920,000
Previous Owner Cline Christopher $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2018 05/29/18 Rented $4,750 -5.0% --
04/29/2018 04/29/18 Under Contract -- -- --
04/11/2018 04/11/18 For Rent $5,000 -- --

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 $3,748 $456,000 $0 $456,000
2023 $3,072 $309,700 $0 $309,700
2022 $2,976 $309,700 $0 $309,700
2021 $2,845 $304,900 $0 $304,900
2020 $2,893 $281,400 $0 $281,400
2019 $2,893 $281,400 $0 $281,400
2018 $2,811 $281,400 $0 $281,400
2017 $3,143 $280,400 $0 $280,400
2016 $3,065 $280,400 $0 $280,400
2015 $2,992 $280,400 $0 $280,400
2014 $3,714 $308,000 $0 $308,000
Source: Public Records

Agents Affiliated with this Home

  • Joe Fitzpatrick

    Seller's Agent in 2018

    Joe Fitzpatrick

    RE/MAX Results

    (401) 835-2045

    6 in this area

    680 Total Sales

    Joe Fitzpatrick
    Section Image

  • A

    Buyer's Agent in 2018

    Anne Huot

    William Raveis Chapman Enstone

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Map

Rhode Island Newport County Newport 02840 Old Beach

3 Red Cross Ave Unit 1, Newport, RI

Homes for Sale in Newport, RI

This home is located at 3 Red Cross Ave Unit 1, Newport, RI 02840 and is currently estimated at $725,126, approximately $543 per square foot. 3 Red Cross Ave Unit 1 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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