NOT LISTED FOR SALE

167 Fairview Ave Coventry, RI 02816

Estimated Value: $492,000 - $632,000

4 Beds
2.5 Baths
2,600 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $369,900 $142 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,456/month

242 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wooded Lot
  • 6.1 Acre Lot
  • Wood Burning Stove
  • Wood Flooring

About This Home

As of December 2019

This 2600 sq ft, 4 bedroom, two and a half bath, late 19th century Victorian sits on 6.1 acres of land. The property is zoned multi family but is currently being used as a single family home. Separate electric meters are in place and it would be an easy conversion back to multi family. A buildable foundation measuring 28'x 82' sits behind the garage for anyone interested in acquiring permits for an additional building. This is a fantastic opportunity for anyone looking for a rentable unit connected to their home, investment property or possible further expansion. New high efficiency boiler and hot water system, installed August 2019.

Last Agent to Sell the Property

Robert Gamble

Compass License #RES.0042570 Listed on: 03/05/2019

Last Buyer's Agent

Hollie Curtis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,307

Year Built

  • Built in 1870

Lot Details

  • 6.1 Acre Lot
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Thermal Windows
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Doors

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Heating System Uses Wood
  • Tankless Water Heater
  • Oil Water Heater
  • Septic Tank

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 167FAIRVIEWAVCVEN

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,307

Year Built

Built in 1870

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 6.1
  • Above Grade Finished Sq Ft: 2600.0
  • Garage Yn: Yes
  • New Construction: No
  • Efficiency: Doors, Windows
  • Year Built: 1870
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Tankless Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Attic, Cedar Closet(s), Permanent Attic Stairs, Tub Shower, Wood Burning Stove
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Wooded
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck, Paved Driveway
  • Foundation Details: Block, Concrete Perimeter, Stone
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 10.0

Utilities

  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil, Wood
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Electricity On Property: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 265716.0
  • Parcel #: 167FAIRVIEWAVCVEN
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5307.0
  • Tax Lot: 27
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2019
Closed on
Dec 3, 2019
Sold by
Damico John P
Bought by
Padin Ramon L
Seller's Agent
Robert Gamble
Compass
Buyer's Agent
Hollie Curtis
List Price
$399,500
Sold Price
$369,900
Premium/Discount to List
-$29,600
-7.41%
Current Estimated Value
$552,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,721
Avg. Annual Appreciation
6.81%
Original Mortgage
$355,148
Outstanding Balance
$314,029
Interest Rate
3.75%
Mortgage Type
VA
Estimated Equity
$238,592

Purchase Details

Closed on
May 12, 2003
Sold by
Daigneault Carolyn and Seidel Clifton G
Bought by
Damico John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Padin Ramon L $369,900 None Available
Damico John P $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padin Ramon L $355,148
Previous Owner Damico John P $187,000
Previous Owner Damico John P $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $369,900 -7.4% $142 / Sq Ft
11/03/2019 11/03/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $399,500 -- $154 / 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 $6,840 $431,800 $177,200 $254,600
2023 $6,619 $431,800 $177,200 $254,600
2022 $6,576 $336,000 $164,700 $171,300
2021 $6,518 $336,000 $164,700 $171,300
2020 $7,137 $320,900 $164,700 $156,200
2019 $5,462 $245,600 $125,500 $120,100
2018 $5,307 $245,600 $125,500 $120,100
2017 $5,153 $245,600 $125,500 $120,100
2016 $5,616 $262,300 $123,400 $138,900
2015 $5,464 $262,300 $123,400 $138,900
2014 $5,351 $262,300 $123,400 $138,900
2013 $5,391 $288,900 $140,200 $148,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1216596

State-Wide MLS

APN: COVE-000080-000000-000027