NOT LISTED FOR SALE

227 Richardson Rd Coventry, RI 02816

Estimated Value: $416,000 - $451,000

3 Beds
2 Baths
1,522 Sq Ft
$286/Sq Ft Est. Value

Last Sold December 18, 2018

Last sale price $255,400 $168 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,690/month

38 Days on Market

Highlights

  • Water Views
  • Wood Burning Stove
  • Wood Flooring
  • Water Access
  • Raised Ranch Architecture
  • Corner Lot

About This Home

As of December 2018

Lakefront access without the direct waterfront price (or taxes)! This 3-bedroom private retreat has a deeded right-of-way and dock access to the Quidnick Reservoir just 100 yards away. Experience canoeing, kayaking, paddle boarding, fishing and swimming in this sparkling lake (8 HP limit). Come home enjoy the stars and serenity of this country setting in your 6-person hot tub. The freshly painted home features an open floor plan with southern exposure wall of windows allowing the southern sun to fill this fabulous home. The warm hardwood floors, cathedral ceilings, three generous decks, open concept kitchen-dining-living room make this home terrific for gatherings and entertainment. Boasting a fully-applianced kitchen with abundant storage, counter space and island, living room with fireplace, family room with woodstove, master bedroom with en-suite bathroom and large closet, two additional bedrooms (one in lower level) and additional full bathroom, this home is turnkey and just waiting for you to move-in. Features include alarm system, A/C built-ins, two-zone heat, new well pump, new hot water tank, and plenty of parking. Right-of-way is shared with 3 other neighboring homes. Quiet and private setting with outstanding neighbors. Experience the lakefront lifestyle at an affordable price. All lake photos are taken from deeded shared dock and right-of-way.

Last Agent to Sell the Property

Scott Freerksen

Lakefront Living Realty, Llc. License #REB.0016878 Listed on: 10/10/2018

Last Buyer's Agent

Denise Madeira

Madeira Real Estate License #REB.0018221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,685

Year Built

  • Built in 1988

Lot Details

  • 0.25 Acre Lot
  • Corner Lot

Home Design

  • Raised Ranch Architecture
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Storage Room
  • Laundry Room
  • Water Views
  • Security System Owned

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Finished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Outbuilding

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2231
  • Assessor Parcel Number 227RICHARDSONRDCVEN

Community Details

Overview

  • Quidnick Reservoir Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,685

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Subdivision Name: Quidnick Reservoir
  • Above Grade Finished Sq Ft: 1028.0
  • Architectural Style: Raised Ranch
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 494.0
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Wood Burning Stove
  • Living Area: 1522.0
  • Dining Room Type: Bedroom, Laundry, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Water Access, Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Security: Security System Owned
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 227RICHARDSONRDCVEN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3685.0
  • Tax Lot: 2231
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 18, 2018
Sold by
Harry Gregory Potter T
Bought by
Brooks Anthony M and Souza Urselina
Seller's Agent
Scott Freerksen
Lakefront Living Realty, Llc.
Buyer's Agent
Denise Madeira
Madeira Real Estate
List Price
$259,700
Sold Price
$255,400
Premium/Discount to List
-$4,300
-1.66%
Current Estimated Value
$435,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,324
Avg. Annual Appreciation
7.95%
Original Mortgage
$250,774
Interest Rate
4.8%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 18, 2015
Sold by
Potter Harry G
Bought by
Harry Gregory Potter T and Potter Harry G

Purchase Details

Closed on
Feb 25, 1991
Sold by
Moretti Robert
Bought by
Gedrey Kevin
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
Brooks Anthony M $255,400 --
Harry Gregory Potter T -- --
Gedrey Kevin $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gedrey Kevin $253,494
Closed Gedrey Kevin $250,774
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2018 12/18/18 Sold $255,400 -1.7% $168 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $259,700 -- $171 / 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 $4,844 $305,800 $71,000 $234,800
2023 $4,688 $305,800 $71,000 $234,800
2022 $4,421 $225,900 $63,700 $162,200
2021 $4,382 $225,900 $63,700 $162,200
2020 $5,024 $225,900 $63,700 $162,200
2019 $3,828 $172,100 $53,800 $118,300
2018 $3,719 $172,100 $53,800 $118,300
2017 $3,611 $172,100 $53,800 $118,300
2016 $3,327 $155,400 $50,900 $104,500
2015 $3,237 $155,400 $50,900 $104,500
2014 $3,169 $155,400 $50,900 $104,500
2013 $2,973 $159,300 $51,500 $107,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1206460

State-Wide MLS

APN: COVE-000310-000000-000099