NOT LISTED FOR SALE

1660 Flat River Rd Coventry, RI 02816

Estimated Value: $2,621,803

147 Acres
$17,835 Price per Acre
6,403,320 Sq Ft Lot

Last Sold March 02, 2020

Last sale price $1,700,000

Est. 54% increase in value since last sale

Current estimated payment $14,718/month

297 Days on Market

Highlights

  • Marina
  • 147 Acre Lot
  • Public Transportation
  • Golf Course Community
  • Tennis Courts
  • Shops

About This Lot

As of March 2020

INVESTORS take notice! 147 Acres of opportunity. Approvals needed but owner willing to give a due diligence period AND owner financing available!! Zoned both R-20 and Industrial. Diprete Engineering concept plan shows potential for 36 separate lots. Could be subdivided into industrial and/or residential!!!!

Last Agent to Sell the Property

Sheil Team

Mott & Chace Sotheby's Intl. Listed on: 04/09/2019

Mott & Chace Sotheby's Intl.

Co-Listed By

Bruce Thunberg

BHHS New England Properties License #RES.0032518

Last Buyer's Agent

Sheil Team

Mott & Chace Sotheby's Intl. Listed on: 04/09/2019

Mott & Chace Sotheby's Intl.

Property Details

Property Type

  • Land

Year Built

  • 2014

Lot Details

  • 147 Acre Lot
  • Level Lot
  • Property is zoned R-20

Location

  • Property near a hospital

Listing and Financial Details

  • Tax Lot 005
  • Assessor Parcel Number 1660FLATRIVERRDCVEN

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Property Type

Land

Year Built

2014

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 147.0
  • Road Surface Type: None
  • Co List Office Mls Id: RNDL05
  • Co List Office Phone: 401-783-9611
  • New Construction: No
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 0
  • Year Built (Public Record): 2014

Interior Features

  • Possible Use: Development, Residential

Exterior Features

  • Lot Features: Level
  • Topography: Level
  • Construction Type: Other

Utilities

  • Utilities: None, Water Available

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Development Status: Raw Land
  • Land Lease: No
  • Lot Size Sq Ft: 6403320.0
  • Wooded Area: 50.0
  • Parcel #: 1660FLATRIVERRDCVEN
  • Zoning Description: Residential
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Lot: 005
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Mar 2, 2020
Sold by
Quidnick Reservoir Co
Bought by
Soscia Holdings Llc
Seller's Agent
Sheil Team
Mott & Chace Sotheby's Intl.
Buyer's Agent
Sheil Team
Mott & Chace Sotheby's Intl.
List Price
$1,650,800
Sold Price
$1,700,000
Premium/Discount to List
$49,200
2.98%
Total Days on Market
297
Current Estimated Value
$2,621,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,803
Avg. Annual Appreciation
8.77%
Original Mortgage
$1,500,000
Outstanding Balance
$1,344,979
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,297,939
Source: Public Records

Range of Values:

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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
Soscia Holdings Llc $1,700,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soscia Holdings Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2020 03/02/20 Sold $1,700,000 +3.0% --
02/01/2020 02/01/20 Pending -- -- --
04/09/2019 04/09/19 For Sale $1,650,800 -- --
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 -- $2,212,400 $2,130,000 $82,400
2023 $0 $2,212,400 $2,130,000 $82,400
2022 $0 $2,109,100 $2,037,400 $71,700
2021 $0 $2,109,100 $2,037,400 $71,700
2020 $0 $2,109,100 $2,037,400 $71,700
2019 $0 $1,284,400 $1,224,800 $59,600
2018 $0 $1,284,400 $1,224,800 $59,600
2017 $0 $1,284,400 $1,224,800 $59,600
2016 -- $1,205,200 $1,158,600 $46,600
2015 -- $1,205,200 $1,158,600 $46,600
2014 -- $1,205,200 $1,158,600 $46,600
2013 -- $1,289,600 $1,263,600 $26,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sheil Team

    Mott & Chace Sotheby's Intl.

    (401) 265-5044

    Section Image

  • B

    Seller Co-Listing Agent in 2020

    Bruce Thunberg

    BHHS New England Properties

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Map

Source: State-Wide MLS

MLS Number: 1219790

State-Wide MLS

APN: COVE-000059-000000-000005

Rhode Island Kent County Coventry 02816

1660 Flat River Rd, Coventry, RI

This home is located at 1660 Flat River Rd, Coventry, RI 02816 since 09 April 2019 and is currently estimated at $2,621,803. This property was built in 2014. 1660 Flat River Rd is a home located in Kent County with nearby schools including Alan Shawn Feinstein Ms Of Cov, Coventry High School, and Father John V. Doyle School.

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