NOT LISTED FOR SALE

4 Red Cross Ave Unit 1B Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $567,000 - $734,000

1 Bed
1 Bath
1,111 Sq Ft
$380/mo HOA Fee

Last Sold January 31, 2018

Last sale price $327,000 $294 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,950/month

18 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Spa
  • 2 Fireplaces
  • Walking Distance to Water

About This Home

As of January 2018

This beautifully detailed first floor condo is loaded with character. The special features include beautiful hardwood flooring that is seldom seen today, granite counter-tops and stainless appliances in the updated kitchen, a huge walk-in custom cedar closet, 12 ft ceilings throughout and 2 fireplaces. In addition to the inviting front entry, there is the convenience of a private rear entrance and off street parking. This condo is located in the very desirable Old Beach/Catherine area which is a short bike ride or walk to the beach and downtown. One four legged pet allowed (cat or dog). There is also basement storage.

Last Agent to Sell the Property

Kate Leonard

Lila Delman Compass License #RES.0031901 Listed on: 12/13/2017

Lila Delman Compass

Co-Listed By

Shari Dailey

Lila Delman Compass License #RES.0042373

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,816

Year Built

  • Built in 1900

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,111 Sq Ft Home
  • 3-Story Property
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Cedar Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Spa
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 4REDCROSSAV1BNEWP

Community Details

Overview

  • 6 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,816

Year Built

Built in 1900

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: LILA02
  • Co List Office Phone: 401-848-2101
  • Above Grade Finished Sq Ft: 1111.0
  • Building Name: Sears Court
  • Entry Level: 1
  • 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

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Masonry
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Cedar Closet(s), Tub Shower, Cable TV
  • Living Area: 1111.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • 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, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 379.5
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 4REDCROSSAV1BNEWP
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 3816.0
  • Tax Lot: 019
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Feb 14, 2018
Sold by
Peters Barbara G
Bought by
Peters Barbara G and Donnelly Karen D
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$325,000
Sold Price
$327,000
Premium/Discount to List
$2,000
0.62%
Current Estimated Value
$624,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,215
Avg. Annual Appreciation
8.83%
Original Mortgage
$170,000
Outstanding Balance
$143,793
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$480,422

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 31, 2018
Sold by
Spitalnik Meredith N
Bought by
Peters Barbara G
Seller's Agent
Kate Leonard
Lila Delman Compass
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$325,000
Sold Price
$327,000
Premium/Discount to List
$2,000
0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$143,793
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$480,422

Purchase Details

Closed on
Jul 15, 1988
Sold by
Cuddeback Eloise C
Bought by
Gutterson Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
10.57%
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
Peters Barbara G -- --
Peters Barbara G $327,000 --
Gutterson Patricia $138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Barbara G $170,000
Previous Owner Gutterson Patricia $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2018 01/31/18 Sold $327,000 +0.6% $294 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
12/13/2017 12/13/17 For Sale $325,000 -- $293 / 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 $3,287 $399,900 $0 $399,900
2023 $2,681 $270,300 $0 $270,300
2022 $2,598 $270,300 $0 $270,300
2021 $2,522 $270,300 $0 $270,300
2020 $3,187 $310,000 $0 $310,000
2019 $3,187 $310,000 $0 $310,000
2018 $3,097 $310,000 $0 $310,000
2017 $3,816 $340,400 $0 $340,400
2016 $3,721 $340,400 $0 $340,400
2015 $3,632 $340,400 $0 $340,400
2014 $3,894 $322,900 $0 $322,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kate Leonard

    Lila Delman Compass

    (401) 952-3461

    2 in this area

    35 Total Sales

    Kate Leonard
    Section Image
  • Shari Dailey

    Seller Co-Listing Agent in 2018

    Shari Dailey

    Lila Delman Compass

    (401) 239-7176

    1 in this area

    26 Total Sales

    Shari Dailey
    Section Image

  • N

    Buyer's Agent in 2018

    Non-Mls Member

    Non-Mls Member

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1179182

State-Wide MLS

APN: NEWP-000026-000019-000001B

Rhode Island Newport County Newport 02840 Old Beach

4 Red Cross Ave Unit 1B, Newport, RI

This home is located at 4 Red Cross Ave Unit 1B, Newport, RI 02840 since 13 December 2017 and is currently estimated at $624,215, approximately $561 per square foot. This property was built in 1900. 4 Red Cross Ave Unit 1B 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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