NOT LISTED FOR SALE

4 Red Cross Ave Unit 2 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $595,906 - $806,000

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. 135% increase in value since last sale

Current estimated payment $4,042/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

  • Pets 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
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Small Dogs (under 25 lbs.)
  • 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, Primary Bedroom
  • Stories: 3
  • Window Features: Storm Window(s)

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, Separate Meters
  • 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: Yes
  • Common Interest: Condominium

Lot Info

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

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
$663,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,727
Avg. Annual Appreciation
8.33%
Original Mortgage
$226,000
Outstanding Balance
$174,860
Interest Rate
3.88%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$488,367

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 List to Sale Price per Sq Ft
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

    85 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

Not Listed for Sale

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