NOT LISTED FOR SALE

463 Fairview Ave Coventry, RI 02816

Estimated Value: $402,894 - $553,000

8 Beds
3.5 Baths
3,508 Sq Ft
$139/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $220,000 $63 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $2,979/month

86 Days on Market

Highlights

  • In Ground Pool
  • Ceramic Tile Flooring
  • Baseboard Heating
  • 2 Car Detached Garage

About This Home

As of February 2016

Rare find! Coventry 3 family! Great owner occupied home w/ 4bed 1.5 bath unit plus 2 additional units w/2beds each. Set on a 1/2 acre w/ 2car garage, cabana & 20x40 inground pool. Needs some updating but solid building, Sewer assessment paid in full.

Last Agent to Sell the Property

Julie Pettigrew

RI Real Estate Services License #RES.0022495 Listed on: 11/04/2015

RI Real Estate Services

Last Buyer's Agent

Shaylyn McCauley

HomeSmart Professionals License #RES.0040984

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,339

Year Built

  • Built in 1850

Lot Details

  • 0.49

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven
  • Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater
  • Cesspool

Additional Features

  • In Ground Pool
  • 0.49 Acre Lot

Community Details

  • 3 Units
  • Anthony Subdivision

Listing and Financial Details

  • Tax Lot 152
  • Assessor Parcel Number 463FAIRVIEWAVCVEN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,339

Year Built

Built in 1850

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • Subdivision Name: ANTHONY
  • Above Grade Finished Sq Ft: 3508.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1850
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 3508.0
  • Stories: 2

Exterior Features

  • Pool Features: In Ground
  • Construction Type: Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Cesspool, Sewer Assessment(s)
  • Utilities: Sewer Available
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 21344.0
  • Parcel #: 463FAIRVIEWAVCVEN

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5339.0
  • Tax Lot: 152
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2022
Sold by
Butler Jake G
Bought by
Butler Lisa A
Current Estimated Value
$487,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$247,700
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$239,774

Purchase Details

Closed on
Apr 27, 2018
Sold by
Carlow Everett Est
Bought by
Carlow Richard

Purchase Details

Listed on
Nov 4, 2015
Closed on
Feb 29, 2016
Sold by
Ventura Mary E
Bought by
Butler Jake G
Seller's Agent
Julie Pettigrew
RI Real Estate Services
Buyer's Agent
Shaylyn McCauley
HomeSmart Professionals
List Price
$259,900
Sold Price
$220,000
Premium/Discount to List
-$39,900
-15.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$216,015
Interest Rate
3.87%
Mortgage Type
FHA
Source: Public Records
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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
Butler Lisa A $325,000 None Available
Carlow Richard -- --
Butler Jake G $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Lisa A $260,000
Previous Owner Butler Jake G $216,015
Previous Owner Butler Jake G $85,000
Previous Owner Butler Jake G $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2016 02/29/16 Sold $220,000 -15.4% $63 / Sq Ft
01/30/2016 01/30/16 Pending -- -- --
11/04/2015 11/04/15 For Sale $259,900 -- $74 / 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 $5,164 $326,000 $99,500 $226,500
2023 $4,998 $326,000 $99,500 $226,500
2022 $5,417 $276,800 $104,800 $172,000
2021 $5,370 $276,800 $104,800 $172,000
2020 $6,156 $276,800 $104,800 $172,000
2019 $4,597 $206,700 $86,900 $119,800
2018 $4,467 $206,700 $86,900 $119,800
2017 $4,337 $206,700 $86,900 $119,800
2016 $5,487 $256,300 $74,000 $182,300
2015 $5,339 $256,300 $74,000 $182,300
2014 $3,151 $256,300 $74,000 $182,300
2013 $4,893 $262,200 $89,300 $172,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1111862

State-Wide MLS

APN: COVE-000063-000000-000152