NOT LISTED FOR SALE

4 Red Cross Ave Unit 2 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $590,534 - $796,000

2 Beds
1 Bath
980 Sq Ft
$330/mo HOA Fee

Last Sold March 26, 2015

Last sale price $282,500 $288 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $4,104/month

40 Days on Market

Highlights

  • Marina
  • Deck
  • Tennis Courts
  • Golf Course Community
  • Wood Flooring
  • Walking Distance to Water

About This Home

As of March 2015

IMPECCABLE, ELEGNT & SPACIOUS! UPDATED SPLIT BEDROOM W/ SO MUCH CHARACTER & DETAILS!PERIOD CROWN MOLDINGS, HIGH CEILINGS & LG. WINDOWS IN STATELY GRAND VICTORIAN "UP & COMING" BUILDING. PERFECTLY SITUATED BETWEEN HARBOR, BEACH, CLIFF WALK & SHOPPING

Last Agent to Sell the Property

Stella Fitzsimmons

Lila Delman Compass License #RES.0015789 Listed on: 01/14/2015

Last Buyer's Agent

Louis Upham

RE/MAX Profnl. Newport, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,431

Year Built

  • Built in 1873

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 980 Sq Ft Home
  • 3-Story Property
  • Stone Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

Parking

  • 1 Parking Space
  • No Garage
  • Unassigned Parking

Outdoor Features

  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 019
  • Assessor Parcel Number 4REDCROSSAV2NEWP

Community Details

Overview

  • 5 Units
  • Bellevue/Old Beach/St Michaels/ Kay Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs and Cats Allowed

Security

  • Storm Windows
  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,431

Year Built

Built in 1873

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Subdivision Name: BELLEVUE/OLD BEACH/ST MICHAELS/ KAY
  • Above Grade Finished Sq Ft: 980.0
  • Building Name: SEARS COURT
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1873
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Common Water Heater, Dryer, Dishwasher, Exhaust Fan, Disposal, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: Stone
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood, Parquet
  • Interior Amenities: Cable TV
  • Living Area: 980.0
  • Dining Room Type: Dining Room, Kitchen, Laundry, Library, Living Room, Master Bedroom
  • Stories: 3
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Stone
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected, Water Tap Fee

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 330.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 4REDCROSSAV2NEWP
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 3431.0
  • Tax Lot: 019
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2015
Closed on
Mar 27, 2015
Sold by
Lemay Patricia M
Bought by
Pavao Anita M
Seller's Agent
Stella Fitzsimmons
Lila Delman Compass
Buyer's Agent
Louis Upham
RE/MAX Profnl. Newport, Inc.
List Price
$299,000
Sold Price
$282,500
Premium/Discount to List
-$16,500
-5.52%
Current Estimated Value
$672,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,384
Avg. Annual Appreciation
8.63%
Original Mortgage
$226,000
Outstanding Balance
$174,860
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$498,024

Purchase Details

Closed on
Jun 11, 2010
Sold by
Berl Andrea S
Bought by
Lemay Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Marcello Vincent
Bought by
Berl Andrea
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 Buyer Sale Price Title Company
Pavao Anita M $282,500 --
Lemay Patricia M $130,000 --
Berl Andrea $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berl Andrea $226,000
Closed Berl Andrea $28,225
Previous Owner Berl Andrea $20,000
Previous Owner Berl Andrea $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $282,500 -5.5% $288 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $299,000 -- $305 / 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
2025 $2,642 $368,000 $0 $368,000
2024 $2,565 $368,000 $0 $368,000
2023 $2,481 $250,100 $0 $250,100
2022 $2,403 $250,100 $0 $250,100
2021 $2,333 $250,100 $0 $250,100
2020 $2,892 $281,300 $0 $281,300
2019 $2,892 $281,300 $0 $281,300
2018 $2,810 $281,300 $0 $281,300
2017 $3,464 $309,000 $0 $309,000
2016 $3,377 $309,000 $0 $309,000
2015 $3,297 $309,000 $0 $309,000
2014 $3,534 $293,000 $0 $293,000
Source: Public Records

Agents Affiliated with this Home

  • Stella Fitzsimmons

    Seller's Agent in 2015

    Stella Fitzsimmons

    Lila Delman Compass

    (401) 639-4455

    90 Total Sales

    Stella Fitzsimmons
    Section Image

  • L

    Buyer's Agent in 2015

    Louis Upham

    RE/MAX Profnl. Newport, Inc.

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Map

Source: State-Wide MLS

MLS Number: 1086488

State-Wide MLS

APN: NEWP-000026-000019-000002

Rhode Island Newport County Newport 02840 Old Beach

4 Red Cross Ave Unit 2, Newport, RI

This home is located at 4 Red Cross Ave Unit 2, Newport, RI 02840 since 14 January 2015 and is currently estimated at $672,884, approximately $686 per square foot. This property was built in 1873. 4 Red Cross Ave 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.

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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