1060 Main St Coventry, RI 02816
5
Beds
4
Baths
2,932
Sq Ft
0.5
Acres
Highlights
- Golf Course Community
- Attic
- 2 Car Detached Garage
- Wood Flooring
- Recreation Facilities
- Bathtub with Shower
About This Home
As of May 2025Very large and unique two family home.There is nothing else like it on the market.Excellent opportunity for a multi-generation family,owner occupier or investors looking for cash flow.This is a great location with easy highway access and in todays high demand rental market the numbers work,allowing you to leverage sustainable profit.Almost all of the windows have been replaced as has some of the siding.Separate entrances and utilities for each unit.Tenant pays heat and electric.The owners unit has a kitchen,half bath,and open space living room/dining room on the first floor.Second floor has 3 bedrooms,one is a large master bedroom with a half bath and walk-in closet.Full bath is on the second floor with built in storage closet.The owners unit does need some cosmetic updating.The rental unit is one level and was recently painted.It has 2 bedrooms,kitchen, a dining room/living room,full bath and a sunroom at the front entrance.A 5 bedroom ISDS was installed in 2000,sewer is available and the assessment is paid in full.Offstreet parking for 4 cars and there is a 2 car two story garage and a shed on a concrete pad both need significant renovation.If you are looking for a property with the potential to generate income or a homebuyer looking for rental income come and take a look.Home will convey vacant.Please DO NOT go on the property without listing agent present.Estate sale being sold as is as seen.NO FHA/VA loans.Conventional loan or cash.BUYERS TO DO DUE DILIGENCE.
Last Agent to Sell the Property
SD Realty Associates License #RES.0045991 Listed on: 04/10/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,712
Year Built
- Built in 1900
Lot Details
- 0.5 Acre Lot
Parking
- 2 Car Detached Garage
Home Design
- Fixer Upper
- Brick Foundation
- Stone Foundation
- Wood Siding
- Clapboard
- Plaster
Interior Spaces
- 2,932 Sq Ft Home
- 2-Story Property
- Fireplace Features Masonry
- Utility Room
- Attic
Kitchen
- Oven
- Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathtub with Shower
Partially Finished Basement
- Partial Basement
- Interior Basement Entry
Utilities
- No Cooling
- Heating System Uses Gas
- Heating System Uses Steam
- 100 Amp Service
- Gas Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number 1060MAINSTCVEN
Community Details
Overview
- 2 Buildings
- 2 Units
- Washington Subdivision
Amenities
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
May 29, 2025
Sold by
Hobson Andrew R
Bought by
Murphy Molly H and Murphy Timothy H
Seller's Agent
Thomas Hobson
SD Realty Associates
Buyer's Agent
Sara Chaffee
Mott & Chace Sotheby's Intl.
List Price
$469,900
Sold Price
$440,000
Premium/Discount to List
-$29,900
-6.36%
Views
80
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.24%
Original Mortgage
$418,000
Outstanding Balance
$418,000
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$25,607
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $440,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $418,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $440,000 | -1.1% | $150 / Sq Ft |
| 05/01/2025 05/01/25 | Pending | -- | -- | -- |
| 04/22/2025 04/22/25 | Price Changed | $445,000 | -5.3% | $152 / Sq Ft |
| 04/10/2025 04/10/25 | For Sale | $469,900 | -- | $160 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $5,713 | $360,700 | $103,600 | $257,100 |
| 2023 | $5,530 | $360,700 | $103,600 | $257,100 |
| 2022 | $5,319 | $271,800 | $99,000 | $172,800 |
| 2021 | $5,273 | $271,800 | $99,000 | $172,800 |
| 2020 | $6,045 | $271,800 | $99,000 | $172,800 |
| 2019 | $4,733 | $212,800 | $80,400 | $132,400 |
| 2018 | $4,599 | $212,800 | $80,400 | $132,400 |
| 2017 | $4,465 | $212,800 | $80,400 | $132,400 |
| 2016 | $4,297 | $200,700 | $76,000 | $124,700 |
| 2015 | $4,181 | $200,700 | $76,000 | $124,700 |
| 2014 | $2,018 | $200,700 | $76,000 | $124,700 |
| 2013 | $4,189 | $224,500 | $90,500 | $134,000 |
Source: Public Records
Agents Affiliated with this Home
-
T
Seller's Agent in 2025
Thomas Hobson
SD Realty Associates
-
S
Buyer's Agent in 2025
Sara Chaffee
Mott & Chace Sotheby's Intl.
Map
Source: State-Wide MLS
MLS Number: 1377822
APN: COVE-000046-000000-000048
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