$145,000
SOLD SEP 11, 2019

1196 Main St Unit 1198 Coventry, RI 02816

4 Beds
2 Baths
2,120 Sq Ft
10,018 Sq Ft Lot

Recently Sold

$68 Per Sq Ft

7% Above List Price

111 Days on Market

Highlights

  • Waterfront
  • Workshop
  • Central Air
  • Wood Flooring
  • Storage Room
  • 2-minute walk to Coventry Parks & Recreation

About This Home

As of March 2020

Riverfront two family mixed use in the VMC zone with lots of potential. This is a side by side 4 bed duplex that has been utilized as a hair salon in the past. This unique property once renovated could make a strong rental. Sold as is with no disclosures. Multiple offers must have high best by Monday noon. See agent instructions.

Last Agent to Sell the Property

Barrett Gross

RE/MAX FLAGSHIP, INC. License #RES.0024476 Listed on: 04/22/2019

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Barrett Gross

RE/MAX FLAGSHIP, INC. License #RES.0024476 Listed on: 04/22/2019

RE/MAX FLAGSHIP, INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 10,018 Sq Ft Lot
  • Waterfront

Home Design

  • Fixer Upper
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2,120 Sq Ft Home
  • 1-Story Property
  • Workshop
  • Storage Room
  • Utility Room

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Partial Basement
  • Interior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access

Utilities

  • Central Air
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Legal Lot and Block 03 / 004
  • Assessor Parcel Number 1196MAINSTCVEN

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.23
  • Above Grade Finished Sq Ft: 2120.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1957
  • Special Features: 5120

Interior Features

  • Number Of Buildings: 1
  • Appliances: Water Heater
  • Has Basement: Interior Entry, Partial, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Vinyl, Wood
  • Interior Amenities: Bathtub
  • Dining Room Type: Bathroom, Storage Room, Utility Room, Workshop
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • Waterfront Features: Water Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Clapboard
  • Foundation Details: Concrete Perimeter
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10018.0
  • Parcel #: 1196MAINSTCVEN
  • Zoning: VMC
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4547.0
  • Tax Block: 004
  • Tax Lot: 03
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Feb 25, 2020
Sold by
3 Kids Llc
Bought by
Gansert Jacob
Seller's Agent
Dwight Leigh
RE/MAX Professionals
Buyer's Agent
Lori Mccaughey
HomeSmart Professionals
List Price
$269,500
Sold Price
$260,000
Premium/Discount to List
-$9,500
-3.53%
Current Estimated Value
$413,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,382
Avg. Annual Appreciation
8.77%

Purchase Details

Closed on
Jun 20, 2019
Sold by
Us Bank Na
Bought by
Three Kids Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2016
Sold by
Smith Norma
Bought by
Us Bank Na
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 Type Sale Price Title Company
Warranty Deed $260,000 None Available
Warranty Deed $145,000 None Available
Warranty Deed $145,000 --
Foreclosure Deed $132,192 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $130,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $260,000 -3.5% $123 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $269,500 +85.9% $127 / Sq Ft
09/11/2019 09/11/19 Sold $145,000 +7.4% $68 / Sq Ft
08/12/2019 08/12/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $135,000 -- $64 / 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 -- $280,900 $110,400 $170,500
2023 $0 $280,900 $110,400 $170,500
2022 $0 $227,100 $92,000 $135,100
2021 $0 $227,100 $92,000 $135,100
2020 $0 $227,100 $92,000 $135,100
2019 $0 $212,400 $77,300 $135,100
2018 $0 $212,400 $77,300 $135,100
2017 $0 $212,400 $77,300 $135,100
2016 -- $190,500 $68,200 $122,300
2015 -- $190,500 $68,200 $122,300
2014 -- $190,500 $68,200 $122,300
2013 -- $208,800 $69,000 $139,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1220985

State-Wide MLS

APN: COVE-000045-000000-000137