NOT LISTED FOR SALE

509 Hill St Coventry, RI 02816

Estimated Value: $489,872 - $617,000

5 Beds
3 Baths
2,934 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $380,000 $130 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,524/month

22 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Tennis Courts
  • Deck
  • 3 Fireplaces
  • 1 Car Detached Garage

About This Home

As of July 2021

Remarkable two family home set on a massive, picture perfect lot, moments from all amenities, yet in a world of its own, perfectly preserved and intact with all of the charming details of a turn of the century home! Copper roof, gutters and a tremendous wrap around mahogany farmers porch offer the ideal setting for enjoying the Spring and Summer months! Work shop and garage with electricity fit for anyone who loves to work with their hands or utilize for extra income or storage! The first unit offers splendid and intricate woodwork throughout! Hardwood floors, marble and mosaic wood burning fireplaces, remodeled kitchen and baths!! Boasting 4 beds, 2 full baths and an abundance of space, this is the perfect owner occupied home or investment property!! The second unit has been completely renovated within the past several months, featuring a full kitchen, dining area, office space, full bath and large bedroom! This is the place you have been looking for!! You could not replicate this property today with the high quality materials used!! Call it yours today!!

Last Agent to Sell the Property

The DiSpirito Team

Engel & Volkers Oceanside Listed on: 05/24/2021

Engel & Volkers Oceanside

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,591

Year Built

  • Built in 1880

Lot Details

  • 0.67 Acre Lot

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Combination Foundation
  • Block Foundation
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,934 Sq Ft Home
  • 2-Story Property
  • 3 Fireplaces
  • Marble Fireplace
  • Storage Room
  • Utility Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 509HILLSTCVEN

Community Details

Overview

  • 2 Units
  • Coventry Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,591

Year Built

Built in 1880

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.67
  • Subdivision Name: Coventry
  • Above Grade Finished Sq Ft: 2934.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1880
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Marble
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Plaster, Clapboard, Wood Siding
  • Exterior Features: Deck
  • Foundation Details: Block, Combination, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 29185.0
  • Parcel #: 509HILLSTCVEN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6591.0
  • Tax Lot: 65
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Jul 16, 2021
Sold by
Silva Roy L and Silva Tina M
Bought by
Frias Alexander J
Seller's Agent
The DiSpirito Team
Engel & Volkers Oceanside
Buyer's Agent
Non-Mls Member
Non-Mls Member
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Current Estimated Value
$551,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,218
Avg. Annual Appreciation
9.47%
Original Mortgage
$368,207
Outstanding Balance
$336,256
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$214,962

Purchase Details

Closed on
Jun 14, 2004
Sold by
Mailloux Denise and Chantharangsy Vincent
Bought by
Silva Roy L and Silva Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,655
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1999
Sold by
Redinger Barry A and Redinger Nancy A
Bought by
Mailloux Denise and Chantharanssy Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,450
Interest Rate
6.74%
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
Frias Alexander J $380,000 None Available
Silva Roy L $342,000 --
Mailloux Denise $139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frias Alexander J $368,207
Previous Owner Mailloux Denise $15,980
Previous Owner Mailloux Denise $270,655
Previous Owner Mailloux Denise $163,922
Previous Owner Mailloux Denise $137,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $380,000 0.0% $130 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $379,900 -- $129 / 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 $6,254 $394,800 $119,600 $275,200
2023 $6,052 $394,800 $119,600 $275,200
2022 $5,773 $295,000 $117,000 $178,000
2021 $5,723 $295,000 $117,000 $178,000
2020 $6,561 $295,000 $117,000 $178,000
2019 $5,077 $228,300 $89,100 $139,200
2018 $4,934 $228,300 $89,100 $139,200
2017 $4,790 $228,300 $89,100 $139,200
2016 $5,027 $234,800 $87,600 $147,200
2015 $4,891 $234,800 $87,600 $147,200
2014 $4,789 $234,800 $87,600 $147,200
2013 $5,159 $276,500 $111,100 $165,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1282254

State-Wide MLS

APN: COVE-000096-000000-000065