30 Red Cross Ave

Newport, RI 02840

$4,500,000
Last Sold Price
9
Beds
10,578 Sq. Ft.
$425 / Sq. Ft.
10,578
Sq. Ft.
$425
per Sq. Ft.
Closed 2/17/22
Closed 2/17/22

Description

Rosevale , an ornamental brick and stone estate, was designed by Peabody & Stearns in 1876 for William C. and Grace W. Rives. With architectural significance, the house has beautiful features and a grand feel upon entry with it's intricate coffered ceilings, moldings and woodwork and a dramatic, wide staircase. The main level offers expansive rooms with floor-to-ceiling windows, fireplaces and glass doors opening to a covered porch. Currently configured with 6 dwelling units in the main house, and...Rosevale , an ornamental brick and stone estate, was designed by Peabody & Stearns in 1876 for William C. and Grace W. Rives. With architectural significance, the house has beautiful features and a grand feel upon entry with it's intricate coffered ceilings, moldings and woodwork and a dramatic, wide staircase. The main level offers expansive rooms with floor-to-ceiling windows, fireplaces and glass doors opening to a covered porch. Currently configured with 6 dwelling units in the main house, and a charming 2 bedroom carriage house, the property has endless opportunity for a buyer to create a main residence or income producing combination. With a large lot and ample frontage on two roads, the possibility for a three parcel subdivision is also an option. Set in Newport's desirable Kay/Catherine neighborhood this property is close to the Cliff Walk, Easton's Beach and downtown Newport. Sold with MLS # 1303460
  1. Listed by Tina Wiley • Brokerage DRE #REB.0013814 • Gustave White Sotheby's Realty
    P: (401)-447-9609 twiley@gustavewhite.com
  2. Listed by David Huberman • Gustave White Sotheby's Realty
    P: (401)-849-3000 dhuberman@gustavewhite.com

Property Details for 30 Red Cross Avenue

Subdivision Name
Kay/Catherine
Waterfront Features
Walk To Water
LISTING UPDATED: 03/18/2022 11:12 AM

Property Details for 30 Red Cross Avenue

StatusClosed
MLS #1287022
Days on Market183
Taxes$41,525 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1876
Lot Size2.09 AC / 91,045 SF
CountyNewport County

Location

Listing Courtesy of Gustave White Sotheby's Realty

Sold By Gustave White Sotheby's Realty

Add your commute

Building Information for 30 Red Cross Avenue

Stories3Residences4Year Built1876Building Size-Lot Size2.09 AC / 91,045 SF

Payment Calculator

$25,393 per month

30 year fixed, 6.15% Interest

Principal and Interest

$21,932

Property Taxes

$3,460

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 30 Red Cross Avenue

Summary
Location and General Information
  • City: Newport
  • Community Features: Golf, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Courts
  • Postal City: Newport
  • Postal Code: 02840
  • Postal Code Plus4: 3181
  • State Or Province: RI
  • Zoning: R20
  • Human Modified Y N: No
Parking
  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage Y N: No
  • Parking Features: No Garage
  • Parking Total: 13
Taxes and HOA Information
  • Tax Annual Amount: $41,525.00
  • Tax Assessed Value: 2968200
  • Tax Lot: 001
  • Tax Year: 2020
Virtual Tour
Property
Lot Information
  • Above Grade Fin SQFT: 10578.0
  • Building Area Total: 10578.0
  • Living Area Source: Public Records
  • Lot Features: Multiple Lots
  • Lot Size Acres: 2.0901
  • Lot Size Area: 91045.0
  • Lot Size Square Feet: 91045.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 2
  • Parcel Number: 30REDCROSSAVNEWP
  • Stories Total: 3
Property and Assessments
  • Business Type: Other
  • Buyer Financing: Cash
  • New Construction Y N: No
  • Number Of Units Total: 4
  • Property Sub Type: Multi Family
  • Property Type: ResidentialIncome
  • Senior Community Y N: No
  • Year Built: 1876
  • C L I P: 1,164,700,572
Utilities
  • Electric: Amps100
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Brick Mortar, Stone
Interior Features
  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Basement: Full, Interior Entry, Unfinished
  • Basement Y N: Yes
  • Bathrooms Full: 7
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 8
  • Bedrooms Total: 9
  • Cooling: None
  • Cooling Y N: No
  • Fireplace Features: Masonry, Marble
  • Fireplaces Total: 11
  • Fireplace Y N: Yes
  • Flooring: Hardwood, Carpet
  • Heating: Forced Air, Gas, Steam
  • Heating Y N: Yes
  • Interior Features: Cable Tv
  • Laundry Features: Common Area
  • Patio And Porch Features: Porch
  • Rooms Total: 17
Multi Family
Income & Expenses Information
  • Operating Expense: $61,000.00
Unit 1 Information
  • Actual Rent: $1,200.00
  • Description: Carriage house
  • Occupant Type: Vacant
  • Unit Type Area: 1700.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 1
Unit 2 Information
  • Actual Rent: $1,200.00
  • Description: 2 units on 3rd floor
  • Occupant Type: Vacant
  • Unit Type Area: 1500.0
  • Baths Total: 2
  • Beds Total: 2
  • Num of Full Baths: 2
  • Num of Half Baths: 0
Unit 3 Information
  • Actual Rent: $1,200.00
  • Description: 3 units on 2nd floor
  • Occupant Type: Vacant
  • Unit Type Area: 3800.0
  • Baths Total: 3
  • Beds Total: 3
  • Num of Full Baths: 3
  • Num of Half Baths: 0
Unit 4 Information
  • Actual Rent: $1,200.00
  • Description: Annex unit
  • Occupant Type: Vacant
  • Unit Type Area: 1300.0
  • Baths Total: 1
  • Beds Total: 2
  • Num of Full Baths: 1
  • Num of Half Baths: 0
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot
  • Land Lease Y N: No
  • Listing Terms: Assumable

Property History for 30 Red Cross Avenue

DateEvent & SourcePriceAppreciation
Feb 17, 2022

Sold

Rhode Island Association of REALTORS® #1287022

$4,500,000—
Feb 16, 2022

Sold (Public Record)

Public Record #1483963252

$4,500,000

+8.6% / yr

Jan 5, 2022

Contract Signed

Rhode Island Association of REALTORS® #1287022

—
Dec 11, 2021

Permanently Off Market

Rhode Island Association of REALTORS® #1297920

—
Nov 7, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1297920

$4,950,000—
Jul 6, 2021

Listed (Active)

Rhode Island Association of REALTORS® #1287022

$4,950,000—
Dec 31, 1996

Sold (Public Record)

Public Record #170911832

$565,000—
DateEvent & SourcePrice
02/17/2022

Sold

Rhode Island Association of REALTORS® #1287022

$4,500,000
02/16/2022

Sold (Public Record)

Public Record #1483963252

$4,500,000

+8.6% / yr

01/05/2022

Contract Signed

Rhode Island Association of REALTORS® #1287022

—
12/11/2021

Permanently Off Market

Rhode Island Association of REALTORS® #1297920

—
11/07/2021

Listed (Active)

Rhode Island Association of REALTORS® #1297920

$4,950,000
07/06/2021

Listed (Active)

Rhode Island Association of REALTORS® #1287022

$4,950,000
12/31/1996

Sold (Public Record)

Public Record #170911832

$565,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 30 Red Cross Avenue

Taxable ValueLand$1,121,900Additions$4,598,800Total$5,720,700
Tax Record2025$49,707 ($4,142 / month)
Home Facts
Baths7.5Total Finished SqFt11,605 SqFtAbove Grade Finished SqFt11,605 SqFtStories3Lot Size51,270 SqFtStyleMulti-Family Dwelling (2-4)Year Built1860Year Renovated1987ZoningR20CountyNEWPORTAPNNEWP M:029 B:0001

Schools near 30 Red Cross Avenue

This home is within Newport School District.
Rating
School
Type
Grades
Distance
Frank E. Thompson Middle School
Public - 5 to 8
Rogers High School
Public - 9 to 12
Newport Area Career Tech Center
Public - 9 to 12
Pell Elementary School
Public - PK to 4
Rating
School
Distance
Frank E. Thompson Middle School
Public5 to 8

Rogers High School
Public9 to 12

Newport Area Career Tech Center
Public9 to 12

Pell Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Gustave White Sotheby's Realty

Based on information from one of the following Multiple Listing Services: Rhode Island Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Rhode Island Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.