NOT LISTED FOR SALE

502 Hill St Coventry, RI 02816

Estimated Value: $373,163 - $535,000

6 Beds
3 Baths
2,128 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $98,000 $46 Per Sq Ft

Est. 376% increase in value since last sale

Current estimated payment $2,872/month

185 Days on Market

Highlights

  • Storm Windows
  • Shops
  • Baseboard Heating
  • Public Transportation
  • Property near a hospital
  • Wood Siding

About This Home

As of May 2013

Investors Take Notice of this 2 Family Located in the Blackrock Section of Coventry, Being Sold "AS IS"!Great Income, But Does Need Some Work! Short Sale Negotiator in Place!

Last Agent to Sell the Property

Thomas Clarkin

Clarkin Real Estate License #REB.0014296 Listed on: 10/18/2012

Last Buyer's Agent

Thomas Clarkin

RE/MAX Five Star

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 10,000

Home Design

  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,128 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank
  • Private Sewer

Additional Features

  • 10,000 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 69
  • Assessor Parcel Number 502HILLSTCVEN

Community Details

Overview

  • 2 Units
  • Blackrock Subdivision

Amenities

  • Shops
  • Public Transportation

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2296
  • Subdivision Name: BLACKROCK
  • Above Grade Finished Sq Ft: 2128.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1910
  • Special Features: 12

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Living Area: 2128.0
  • Stories: 2
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard, Wood Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Other, Private Sewer, Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Shopping
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 10000.0
  • Parcel #: 502HILLSTCVEN
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3650.0
  • Tax Lot: 69
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
May 21, 2013
Sold by
Desmarias Dawn E
Bought by
Greene Richard and Carrington Paul
Seller's Agent
Thomas Clarkin
Clarkin Real Estate
Buyer's Agent
Thomas Clarkin
RE/MAX Five Star
List Price
$129,900
Sold Price
$98,000
Premium/Discount to List
-$31,900
-24.56%
Current Estimated Value
$466,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,041
Avg. Annual Appreciation
13.39%
Original Mortgage
$200,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 1996
Sold by
Lautieri Michael J and Lautieri Colleen
Bought by
Desmarais Dawn E and Moreau Dolores A
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
Greene Richard $98,000 --
Greene Richard $98,000 --
Desmarais Dawn E $111,000 --
Desmarais Dawn E $111,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desmarais Dawn E $153,230
Closed Desmarais Dawn E $200,000
Previous Owner Desmarais Dawn E $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2013 05/22/13 Sold $98,000 -24.6% $46 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $129,900 -- $61 / 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 $4,815 $304,000 $82,800 $221,200
2023 $4,660 $304,000 $82,800 $221,200
2022 $4,593 $234,700 $81,000 $153,700
2021 $4,553 $234,700 $81,000 $153,700
2020 $5,220 $234,700 $81,000 $153,700
2019 $3,741 $168,200 $61,700 $106,500
2018 $3,635 $168,200 $61,700 $106,500
2017 $3,529 $168,200 $61,700 $106,500
2016 $3,811 $178,000 $60,600 $117,400
2015 $3,708 $178,000 $60,600 $117,400
2014 $3,630 $178,000 $60,600 $117,400
2013 $3,385 $181,400 $72,500 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1027900

State-Wide MLS

APN: COVE-000096-000000-000069