NOT LISTED FOR SALE

1048 Main St Coventry, RI 02816

Estimated Value: $379,477 - $479,000

6 Beds
3 Baths
4,115 Sq Ft
$104/Sq Ft Est. Value

Last Sold April 06, 2022

Last sale price $305,000 $74 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,694/month

23 Days on Market

Highlights

  • Golf Course Community
  • Attic
  • Living Room
  • Wood Flooring
  • Bathtub with Shower
  • Public Transportation

About This Home

As of April 2022

Great Owner-Occupied or Investment Opportunity. Three Family located close to all amenities: shopping, dining, schools as well as easy access to highways. This home offers a spacious first floor unit including living room, kitchen, bathroom, and 2 bedrooms. The second-floor unit features living room, bathroom, 2/3 bedrooms with finished attic living area. The third unit is lower level 1 beds, 1 bath, living room and kitchen. Common laundry. Ample parking - up to 12 cars. Sewers available. This property can be a great home with rental income to help pay the mortgage; or a great investment property. Property in need of exterior paint and roof - being sold "as is". 2 units rented - one vacant. 3 gas boilers installed 5 years ago.

Last Agent to Sell the Property

Sasha Mellor Allamby

Residential Properties Ltd. License #RES.0027875 Listed on: 02/11/2022

Last Buyer's Agent

Dwight Leigh

Re/Max Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,384

Year Built

  • Built in 1900

Lot Details

  • 0.36 Acre Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 4,115 Sq Ft Home
  • 3-Story Property
  • Living Room
  • Utility Room
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 12 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Gas
  • Baseboard Heating
  • Heating System Uses Steam
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 1048MAINSTCVEN

Community Details

Overview

  • 3 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,384

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.36
  • Above Grade Finished Sq Ft: 4115.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Living Room, Utility Room
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 12.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers, Fuses
  • Sewer: Sewer Assessment(s), Unknown
  • Utilities: Sewer Available
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 15681.0
  • Parcel #: 1048MAINSTCVEN
  • Zoning: r-20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4384.0
  • Tax Lot: 45
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Apr 6, 2022
Sold by
Agajanian Richard and Agajanian Gail
Bought by
Leigh Jared D
Seller's Agent
Sasha Mellor Allamby
Residential Properties Ltd.
Buyer's Agent
Dwight Leigh
Re/Max Professionals
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Current Estimated Value
$426,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,369
Avg. Annual Appreciation
7.45%

Purchase Details

Closed on
Mar 26, 2008
Sold by
Deutsche Bank Natl T C
Bought by
Agajanian Richard and Agajanian Gail

Purchase Details

Closed on
Feb 28, 2005
Sold by
1048 Main Street Rlty
Bought by
Vanvandyken Pamela Van

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,255
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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
Leigh Jared D $305,000 None Available
Agajanian Richard $172,000 --
Vanvandyken Pamela Van $277,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vanvandyken Pamela Van $182,000
Previous Owner Vanvandyken Pamela Van $270,000
Previous Owner Vanvandyken Pamela Van $249,255
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2022 04/06/22 Sold $305,000 +2.0% $74 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $299,000 -- $73 / 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 $4,511 $284,800 $89,000 $195,800
2023 $4,366 $284,800 $89,000 $195,800
2022 $4,423 $226,000 $85,100 $140,900
2021 $4,384 $226,000 $85,100 $140,900
2020 $5,026 $226,000 $85,100 $140,900
2019 $3,994 $179,600 $71,600 $108,000
2018 $3,881 $179,600 $71,600 $108,000
2017 $3,768 $179,600 $71,600 $108,000
2016 $4,156 $194,100 $67,600 $126,500
2015 $4,043 $194,100 $67,600 $126,500
2014 $3,959 $194,100 $67,600 $126,500
2013 $3,922 $210,200 $79,900 $130,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1302972

State-Wide MLS

APN: COVE-000046-000000-000045