NOT LISTED FOR SALE

45 Lorraine Ave Coventry, RI 02816

Estimated Value: $381,131 - $404,000

2 Beds
1 Bath
1,602 Sq Ft
$244/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $360,000 $225 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,433/month

4 Days on Market

Highlights

  • Medical Services
  • Deck
  • Ranch Style House
  • Open Floorplan
  • Property is near public transit
  • Wood Flooring

About This Home

As of April 2024

Welcome to the epitome of cozy living! This charming home has been meticulously and lovingly cared for by just two owners, promising a lifetime of comfort and joy. Picture yourself enjoying the convenience of single-level living in this spacious 2/3 bedroom ranch, complete with beautiful hardwood floors throughout and partially finished basement. You'll love hosting gatherings in the open living/dining area and relaxing in the sun room. With a fenced-in yard, and a shed with electricity, there's plenty of space for hobbies and storage. Plus, rest easy knowing the home has a brand new septic system(2019). Perfect for those starting out or looking to downsize, and financing options are a breeze with FHA an VA welcome! Don't miss your chance to make this home yours!

Last Agent to Sell the Property

Dam Giachetti

RE/MAX Legacy Listed on: 03/15/2024

Last Buyer's Agent

Non Member

Non Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,239

Year Built

  • Built in 1959

Lot Details

  • 7,840 Sq Ft Lot
  • Near Conservation Area
  • Fenced Yard
  • Property is zoned R-20

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,602 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Insulated Windows
  • Sliding Doors
  • Bonus Room
  • Sun or Florida Room
  • Partially Finished Basement
  • Laundry in Basement
  • Attic Access Panel
  • Storm Doors
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • 1 Full Bathroom
  • Bathtub Includes Tile Surround

Outdoor Features

  • Deck
  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hopkins Hill Elementary School
  • Alan Shaw Middle School
  • Coventry High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • 100 Amp Service
  • Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 530694

Community Details

Overview

  • No Home Owners Association
  • Hopkins Hill Subdivision

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,239

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1959
  • Buyer Agency: 2.5
  • Subdivision Name: Hopkins Hill
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Flooring - Wall to Wall Carpet
  • Interior Amenities: Cable Hookup, Open Floorplan, Bonus Room, Sun Room, Internet Available - Broadband
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Water Heater, Range, Dishwasher, Microwave, Refrigerator, Freezer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: First
  • Room Bedroom2 Features: Closet, Flooring - Hardwood, Flooring - Wood
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Features: Ceiling Fan(s), Flooring - Hardwood, Flooring - Wood, Closet - Double
  • Room Master Bedroom Level: First
  • Master Bathroom Features: No
  • Bathroom 1 Features: Bathroom - Full, Bathroom - Tiled With Tub, Bathroom - With Tub, Flooring - Stone/Ceramic Tile
  • Bathroom 1 Level: First
  • Room Dining Room Features: Ceiling Fan(s), Flooring - Hardwood, Flooring - Wood, Open Floorplan
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Kitchen Features: Flooring - Stone/Ceramic Tile, Pantry, Attic Access, Deck - Exterior, Exterior Access, Slider
  • Laundry Features: Electric Dryer Hookup, Washer Hookup, In Basement
  • Room Living Room Level: First
  • Room Living Room Features: Ceiling Fan(s), Flooring - Hardwood, Flooring - Wood, Cable Hookup, High Speed Internet Hookup, Open Floorplan
  • Basement: Partially Finished
  • Accessibility Features: No
  • Living Area: 1602
  • Spa YN: No
  • Window Features: Insulated Windows
  • MAIN LO: AC1745
  • LIST PRICE PER Sq Ft: 218.48
  • PRICE PER Sq Ft: 224.72
  • MAIN SO: H11111
  • Insulation: Unknown

Exterior Features

  • Exterior Features: Porch, Deck, Rain Gutters, Storage, Fenced Yard
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 3/10 to 1/2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage YN: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Detached, Garage Door Opener, Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Oil
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 530694
  • Zoning: R-20
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7840
  • Lot Size Units: Acres
  • Property Attached YN: No
  • PAGE: : 48
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4239
  • Tax Book Number: 2138

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Coventry High
  • Elementary School: Hopkins Hill
  • Middle Or Junior School: Alan Shaw

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 30, 2024
Sold by
Cossaboom Kelly A
Bought by
Benvenuti Colin
Seller's Agent
Dam Giachetti
RE/MAX Legacy
Buyer's Agent
Non Member
Non Member Office
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Views
98
Current Estimated Value
$391,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,283
Avg. Annual Appreciation
5.83%
Original Mortgage
$353,113
Outstanding Balance
$346,997
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$44,286

Purchase Details

Listed on
Jul 16, 2019
Closed on
Aug 23, 2019
Sold by
Ferrucci Mary C
Bought by
Cossaboom Kelly A
Seller's Agent
Mary-Ann Young
RE/MAX Real Estate Center
Buyer's Agent
Christine Kershaw
Coldwell Banker Realty
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$195,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Benvenuti Colin $360,000 None Available
Benvenuti Colin $360,000 None Available
Cossaboom Kelly A $225,000 --
Cossaboom Kelly A $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benvenuti Colin $353,113
Closed Benvenuti Colin $353,113
Previous Owner Cossaboom Kelly A $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $360,000 +2.9% $225 / Sq Ft
03/20/2024 03/20/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $350,000 +55.6% $218 / Sq Ft
08/23/2019 08/23/19 Sold $225,000 -1.7% $140 / Sq Ft View Prior Sale
07/24/2019 07/24/19 Pending -- -- --
07/16/2019 07/16/19 For Sale $229,000 -- $143 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $4,380 $276,500 $97,400 $179,100
2023 $4,239 $276,500 $97,400 $179,100
2022 $4,276 $218,500 $92,200 $126,300
2021 $4,239 $218,500 $92,200 $126,300
2020 $4,859 $218,500 $92,200 $126,300
2019 $3,870 $174,000 $74,500 $99,500
2018 $3,760 $174,000 $74,500 $99,500
2017 $3,651 $174,000 $74,500 $99,500
2016 $3,710 $173,300 $81,600 $91,700
2015 $3,610 $173,300 $81,600 $91,700
2014 $2,859 $173,300 $81,600 $91,700
2013 $3,618 $193,900 $96,800 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73212959

MLS Property Information Network (MLS PIN)

APN: COVE-000021-000000-000235