45 Read Ave Coventry, RI 02816
West Warwick Centre NeighborhoodEstimated Value: $327,000 - $429,000
3
Beds
2
Baths
1,185
Sq Ft
$321/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Corner Lot
- Porch
- Attic
- Recreation Facilities
- Storm Windows
About This Home
As of August 2023Incredible opportunity to own this completely remodeled two family home! This home and each unit has been completely remodeled from top to bottom! Upgrades include new electric, plumbing, plastering, and flooring. New finishes include interior and exterior doors (including storm doors), moldings, and brand new kitchens and bathrooms. First floor apartment is a two bedroom and the second floor apartment is one bedroom. Exterior is maintenance free with vinyl siding, new windows, paved driveway, 5 year old roof, and a new retaining wall. Basement has two separate washer and dryer hookups for each individual unit, and one washer and dryer set will remain with the property. First floor unit has access to an enclosed porch, while the second floor unit has access to an open covered porch. Outside there is a small patio, perfect for grilling or enjoying those warm summer nights. There is also a shed on the property that is perfect for storing tools or holiday decorations. Both units are currently owner occupied, however, each unit has had excellent rental history. Seller's will also provide money from the sale of the house, equivalent to the estimates provided for cesspool replacement, in escrow for new septic system installation. Please inquire with listing agent about negotiating tenant occupancy.
Last Listed By
HomeSmart Professionals Brokerage Phone: 401-921-5011 License #RES.0046659 Listed on: 07/27/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,915
Year Built
- Built in 1880
Lot Details
- 4,792 Sq Ft Lot
- Corner Lot
Home Design
- Combination Foundation
- Stone Foundation
- Vinyl Siding
- Plaster
Interior Spaces
- 1,185 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Attic
Kitchen
- Oven
- Range
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Home Security
- Storm Windows
- Storm Doors
Parking
- 4 Parking Spaces
- No Garage
- Driveway
Outdoor Features
- Patio
- Outbuilding
- Porch
Location
- Property near a hospital
Utilities
- Window Unit Cooling System
- Heating System Uses Gas
- Baseboard Heating
- 100 Amp Service
- Gas Water Heater
- Cesspool
- Cable TV Available
Listing and Financial Details
- Tenant pays for hot water
- Legal Lot and Block 56 / 0001
- Assessor Parcel Number 45READAVCVEN
Community Details
Overview
- 2 Units
- Anthony Subdivision
Amenities
- Shops
- Restaurant
- Public Transportation
Recreation
- Golf Course Community
- Recreation Facilities
Building Details
- Operating Expense $2,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 27, 2023
Closed on
Aug 31, 2023
Sold by
Santilli Antonio L and Santilli Domenica
Bought by
Delgado Alberto
Seller's Agent
Lucia Santilli
HomeSmart Professionals
Buyer's Agent
Kerri Link
Engel & Volkers
List Price
$359,000
Sold Price
$360,000
Premium/Discount to List
$1,000
0.28%
Total Days on Market
18
Views
63
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
$20,671
Avg. Annual Appreciation
2.05%
Original Mortgage
$270,000
Outstanding Balance
$266,393
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$106,154
Purchase Details
Listed on
Feb 6, 2013
Closed on
Aug 26, 2013
Sold by
Corbeil Donald J Est and Woods
Bought by
Santilli Antonio L and Santilli Domencia
Seller's Agent
Ann Marie Gianquitti
Greenwich Bay Brokers
Buyer's Agent
Stephen Smith
RI Real Estate Services
List Price
$79,900
Sold Price
$52,500
Premium/Discount to List
-$27,400
-34.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.12%
Purchase Details
Listed on
Feb 6, 2013
Closed on
Aug 14, 2013
Sold by
Corbeil Donald J Est and Woods
Bought by
Santilli Antonio L and Santilli Domenica
Seller's Agent
Ann Marie Gianquitti
Greenwich Bay Brokers
Buyer's Agent
Stephen Smith
RI Real Estate Services
List Price
$79,900
Sold Price
$52,500
Premium/Discount to List
-$27,400
-34.29%
Purchase Details
Closed on
May 2, 1994
Sold by
Holmes Arthur H
Bought by
Corbeil Donald J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,700
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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 Coventry, RI
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delgado Alberto | $360,000 | None Available | |
| Santilli Antonio L | $52,500 | -- | |
| Corbeil Donald J | $74,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delgado Alberto | $270,000 | |
| Previous Owner | Corbeil Donald J | $82,000 | |
| Previous Owner | Corbeil Donald J | $80,000 | |
| Previous Owner | Corbeil Donald J | $70,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $360,000 | +0.3% | $304 / Sq Ft |
| 08/15/2023 08/15/23 | Pending | -- | -- | -- |
| 07/27/2023 07/27/23 | For Sale | $359,000 | +583.8% | $303 / Sq Ft |
| 08/14/2013 08/14/13 | Sold | $52,500 | -34.3% | $44 / Sq Ft |
| 07/15/2013 07/15/13 | Pending | -- | -- | -- |
| 02/06/2013 02/06/13 | For Sale | $79,900 | -- | $67 / 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 | $3,911 | $246,900 | $75,900 | $171,000 |
| 2023 | $3,785 | $246,900 | $75,900 | $171,000 |
| 2022 | $3,949 | $201,800 | $72,600 | $129,200 |
| 2021 | $3,915 | $201,800 | $72,600 | $129,200 |
| 2020 | $9,097 | $201,800 | $72,600 | $129,200 |
| 2019 | $2,991 | $134,500 | $35,600 | $98,900 |
| 2018 | $2,907 | $134,500 | $35,600 | $98,900 |
| 2017 | $2,822 | $134,500 | $35,600 | $98,900 |
| 2016 | $3,381 | $157,900 | $52,700 | $105,200 |
| 2015 | $3,289 | $157,900 | $52,700 | $105,200 |
| 2014 | $2,535 | $157,900 | $52,700 | $105,200 |
| 2013 | $2,346 | $125,700 | $41,600 | $84,100 |
Source: Public Records
Agents Affiliated with this Home
-
Lucia Santilli
L
Seller's Agent in 2023
Lucia Santilli
HomeSmart Professionals
(401) 714-5124
2 in this area
4 Total Sales
-
Kerri Link
K
Buyer's Agent in 2023
Kerri Link
Engel & Volkers
(401) 641-2518
1 in this area
3 Total Sales
-
Ann Marie Gianquitti
A
Seller's Agent in 2013
Ann Marie Gianquitti
Greenwich Bay Brokers
(401) 323-2526
1 in this area
30 Total Sales
-
Stephen Smith
Buyer's Agent in 2013
Stephen Smith
RI Real Estate Services
(401) 572-0335
19 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1340167
APN: COVE-000056-000000-000052-000001
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