27 Lamphear St Unit 29 Coventry, RI 02816
Lippitt-Harris NeighborhoodEstimated Value: $297,854 - $531,000
5
Beds
3
Baths
2,600
Sq Ft
$159/Sq Ft
Est. Value
About This Home
As of February 2021Back on the market due to buyer financing! Contact me today!
Large 3 unit multifamily for sale on a spacious corner lot. Includes newer roof, updated plumbing, clean vinyl siding, newer deck, spacious yard, updated windows, 100 amp electrical PER unit, separate entrances for tenants, and 2 large separate driveways for off-street parking fitting about 3 cars EACH! 3rd floor needs finishing touches including, floors, window trim, and cabinets. Plenty of opportunity here for strong cash flow and a long term investment for the right buyer. Residential Coventry tax rate is $22.24 per thousand (2020). Please note when looking up tax records the home may come up as Lanphear instead of Lamphear. Also the third unit is considered 119 Summit Ave. CASH ONLY. Subject to probate approval. Estate sale. Being sold AS-IS. Inspections for informational purposes only. Priced below market value!!!! Contact me today! BRING YOUR OFFERS, MOTIVATED SELLERS.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,075
Year Built
- Built in 1890
Lot Details
- 8,276 Sq Ft Lot
Home Design
- Vinyl Siding
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Walk-Out Basement
Kitchen
- Oven
- Range
Flooring
- Plywood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 6 Parking Spaces
- No Garage
Utilities
- No Cooling
- Heating System Uses Gas
- 100 Amp Service
- Gas Water Heater
Community Details
- 2 Buildings
- 3 Units
Listing and Financial Details
- Tax Lot 28
- Assessor Parcel Number 27LAMPHEARSTCVEN
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 8, 2020
Closed on
Feb 10, 2021
Sold by
Ri & Mtg Finance Co
Bought by
Mochrie George S
Seller's Agent
Kevin Peloso
HomeSmart Professionals
Buyer's Agent
Kevin Peloso
HomeSmart Professionals
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Total Days on Market
106
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,714
Original Mortgage
$180,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 28, 2014
Sold by
Mochrie George S
Bought by
Mochrie George S
Purchase Details
Closed on
Jul 29, 2011
Sold by
East Park Llc
Bought by
Mochrie George
Purchase Details
Closed on
Sep 16, 2002
Sold by
Bowder Timothy M
Bought by
Mochrie George S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mochrie George S | -- | None Available | |
| Peloso Kevin | $225,000 | None Available | |
| Mochrie George S | $2,867 | -- | |
| Mochrie George | -- | -- | |
| Mochrie George S | $164,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Peloso Kevin | $261,338 | |
| Closed | Peloso Kevin | $180,000 | |
| Previous Owner | Mochrie George S | $10,862 | |
| Previous Owner | Mochrie George S | $261,000 | |
| Previous Owner | Mochrie George S | $221,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2021 02/22/21 | Sold | $225,000 | -13.4% | $87 / Sq Ft |
| 01/23/2021 01/23/21 | Pending | -- | -- | -- |
| 10/08/2020 10/08/20 | For Sale | $259,900 | -- | $100 / 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 | $4,845 | $305,900 | $100,300 | $205,600 |
| 2023 | $4,689 | $305,900 | $100,300 | $205,600 |
| 2022 | $4,466 | $228,200 | $88,000 | $140,200 |
| 2021 | $4,427 | $228,200 | $88,000 | $140,200 |
| 2020 | $5,075 | $228,200 | $88,000 | $140,200 |
| 2019 | $3,874 | $174,200 | $64,500 | $109,700 |
| 2018 | $3,764 | $174,200 | $64,500 | $109,700 |
| 2017 | $3,655 | $174,200 | $64,500 | $109,700 |
| 2016 | $3,670 | $171,400 | $47,600 | $123,800 |
| 2015 | $3,570 | $171,400 | $47,600 | $123,800 |
| 2014 | $3,497 | $171,400 | $47,600 | $123,800 |
| 2013 | $3,234 | $173,300 | $48,500 | $124,800 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Peloso
K
Seller's Agent in 2021
Kevin Peloso
HomeSmart Professionals
(401) 450-4042
4 in this area
26 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1266971
APN: COVE-000096-000000-000028
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