NOT LISTED FOR SALE

5 Covington Ct Unit 5 Westerly, RI 02891

Estimated Value: $330,961 - $426,000

2 Beds
2 Baths
1,200 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 01, 2014

Last sale price $183,000 $152 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,118/month

287 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Cathedral Ceiling
  • Beach Access
  • Built in 2013 | Newly Remodeled
  • Wood Flooring

About This Home

As of February 2014

Westerly Affordable Housing Rules Apply. The Village of Covington CT is Westely's New Single Family Condos w/1st floor MBR & laundry. New construction. 2-3Brs available. City water, sewer & gas.

Last Agent to Sell the Property

Lynn Azzinaro

RE/MAX South County License #REC.0014390 Listed on: 03/20/2013

RE/MAX South County

Co-Listed By

Lori Moore

Northeast Property Group License #RES.0035303

Last Buyer's Agent

Lori Moore

Northeast Property Group License #RES.0035303

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2013 | Newly Remodeled

HOA Fees

  • $54 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Kitchen

  • Oven
  • Range with Range Hood

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • No Garage
  • Assigned Parking

Outdoor Features

  • Beach Access
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 61/62
  • Assessor Parcel Number 5COVINGTONCT5WEST

Community Details

Overview

  • 17 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

Built in 2013 | Newly Remodeled

Lot Details

0

HOA Fees

$54 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Co List Office Mls Id: RMAX16
  • Co List Office Phone: 401-596-2067
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 1200.0
  • Building Name: Pleasant St Village
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2013
  • Property Sub Type Additional: Condominium
  • Pets No Pets Comments: Cats,Large Dogs (over 25 lbs.),Small Dogs (under 25 lbs.)
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Exhaust Fan, Electric Water Heater, Oven, Range, Refrigerator, Range Hood, Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s), Cable TV
  • Living Area: 1200.0
  • Dining Room Type: Kitchen, Living Room, Primary Bedroom
  • Stories: 2
  • Window Features: Thermal Windows

Exterior Features

  • Lot Features: Paved
  • Waterfront Features: Beach Access
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Property Condition: Under Construction

Garage/Parking

  • Parking Features: Assigned, No Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 54.17
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 5COVINGTONCT5WEST
  • Zoning: Res

Multi Family

  • Number Of Units In Community: 17

Tax Info

  • Tax Lot: 61/62
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2013
Closed on
Jan 31, 2014
Sold by
Pleasant St Court Llc
Bought by
Gaccione Brent and Gaccione Sandy
Seller's Agent
Lynn Azzinaro
RE/MAX South County
Buyer's Agent
Lori Moore
Northeast Property Group
List Price
$200,000
Sold Price
$183,000
Premium/Discount to List
-$17,000
-8.5%
Current Estimated Value
$374,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,490
Avg. Annual Appreciation
6.17%
Original Mortgage
$179,685
Outstanding Balance
$134,920
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$239,570
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
Gaccione Brent $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaccione Brent $179,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2014 02/01/14 Sold $183,000 -8.5% $153 / Sq Ft
01/02/2014 01/02/14 Pending -- -- --
03/20/2013 03/20/13 For Sale $200,000 -- $167 / 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
2025 $1,267 $162,900 $0 $162,900
2024 $1,760 $168,400 $0 $168,400
2023 $1,711 $168,400 $0 $168,400
2022 $1,701 $168,400 $0 $168,400
2021 $2,097 $173,900 $0 $173,900
2020 $2,061 $173,900 $0 $173,900
2019 $2,042 $173,900 $0 $173,900
2018 $2,214 $179,300 $0 $179,300
2017 $2,152 $179,300 $0 $179,300
2016 $2,152 $179,300 $0 $179,300
2015 $2,055 $183,000 $0 $183,000
2014 $2,022 $183,000 $0 $183,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1036150

State-Wide MLS

APN: WEST-000047-000061-000005