NOT LISTED FOR SALE

4 Red Cross Ave Unit 5 Newport, RI 02840

Old Beach Neighborhood

Estimated Value: $725,944 - $928,000

2 Beds
1 Bath
2,616 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $389,000 $149 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,503/month

Highlights

  • Wooded Lot
  • Walking Distance to Water
  • Fenced

About This Home

As of March 2015

,One of a kind carraige house rental located in Kay/Catherine area. This house is tucked away down a private driveway but you can walk to all Newport has to offer, the beach, cliffs town.

Last Agent to Rent the Property

Kerry Dwyer

Lila Delman Compass License #RES.0035403 Listed on: 03/04/2015

Last Renter's Agent

Alexandra Thursby

Mott & Chace Sotheby's Intl. License #RES.0035586

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Fenced
  • Wooded Lot

Home Design

  • Entry on the 1st floor
  • Slab Foundation

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Assigned Parking

Outdoor Features

  • Walking Distance to Water

Community Details

  • Sears Court Subdivision

Listing and Financial Details

  • Property Available on 5/1/15
  • 12 Month Lease Term
  • Assessor Parcel Number 4REDCROSSAV5NEWP

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Available Date: 2015-05-01
  • Security Deposit: 2300.0

Listing Details

  • Prop. Type: Residential Lease
  • Subdivision Name: SEARS COURT
  • Above Grade Finished Sq Ft: 1308.0
  • Architectural Style: Cabin
  • Building Name: Sears COurt
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1900
  • Pets No Pets Comments: No Restrictions
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Has Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1308.0
  • Living Area: 2616.0
  • Stories: 2

Exterior Features

  • Fencing: Fenced
  • Lot Features: Wooded
  • Waterfront Features: Walk to Water
  • Foundation Details: Slab

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 2.0

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: No

Lot Info

  • Parcel #: 4REDCROSSAV5NEWP

Multi Family

  • Number Of Units In Community: 5

Tax Info

  • Tax Annual Amount: 4251.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2014
Closed on
Jan 6, 2014
Sold by
Hunt Kimberly
Bought by
Jonic Gregory G
Seller's Agent
Annie Becker
Lila Delman Compass
Buyer's Agent
Annie Becker
Lila Delman Real Estate
List Price
$389,000
Sold Price
$389,000
Current Estimated Value
$803,486

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,486
Avg. Annual Appreciation
6.27%
Original Mortgage
$291,750
Outstanding Balance
$218,981
Interest Rate
4.24%
Estimated Equity
$584,505

Purchase Details

Closed on
May 13, 2011
Sold by
Api Props 500 Llc
Bought by
Hunt Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2011
Sold by
Fremer Andrew and Fremer Christina
Bought by
Api Props 500 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jonic Gregory G $389,000 --
Hunt Kimberly $360,000 --
Api Props 500 Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Api Props 500 Llc $291,750
Previous Owner Api Props 500 Llc $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2015 03/04/15 For Rent $2,300 -4.2% --
03/04/2015 03/04/15 Rented $2,400 0.0% --
01/03/2014 01/03/14 Sold $389,000 0.0% $297 / Sq Ft View Prior Sale
01/03/2014 01/03/14 For Sale $389,000 -- $297 / 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 $3,271 $455,600 $0 $455,600
2024 $3,176 $455,600 $0 $455,600
2023 $3,076 $310,100 $0 $310,100
2022 $2,980 $310,100 $0 $310,100
2021 $2,893 $310,100 $0 $310,100
2020 $3,479 $338,400 $0 $338,400
2019 $3,479 $338,400 $0 $338,400
2018 $3,381 $338,400 $0 $338,400
2017 $4,168 $371,800 $0 $371,800
2016 $4,064 $371,800 $0 $371,800
2015 $3,967 $371,800 $0 $371,800
2014 $4,251 $352,500 $0 $352,500
Source: Public Records

Agents Affiliated with this Home

  • K

    Landlord's Agent in 2015

    Kerry Dwyer

    Lila Delman Compass

  • Alexandra Thursby

    Tenant's Agent in 2015

    Alexandra Thursby

    Mott & Chace Sotheby's Intl.

    (401) 266-9900

    2 in this area

    47 Total Sales

    Alexandra Thursby
    Section Image
  • Annie Becker

    Seller's Agent in 2014

    Annie Becker

    Lila Delman Compass

    (401) 855-1127

    1 in this area

    32 Total Sales

    Annie Becker
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1089229

State-Wide MLS

APN: NEWP-000026-000019-000005

Rhode Island Newport County Newport 02840 Old Beach

4 Red Cross Ave Unit 5, Newport, RI

Not Listed for Sale

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