NOT LISTED FOR SALE

514 Franklin Rd Coventry, RI 02816

Estimated Value: $519,000 - $640,000

3 Beds
2.5 Baths
2,712 Sq Ft
$217/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $330,000 $122 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,831/month

122 Days on Market

Highlights

  • Horses Allowed On Property
  • Cape Cod Architecture
  • Wood Burning Stove
  • 4.21 Acre Lot
  • Deck
  • Wooded Lot

About This Home

As of February 2019

Beautifully renovated home looking for a new owner. Imagine driving down your cedar lined driveway that gives way to the scenic open pasture that is your yard, all 4.2 acres of it, You can enjoy the outdoors from the deck that overlooks your property while also enjoying the privacy it affords. Inside, your home is built for anything you like to do. On the main floor, You have a large family room with a fireplace (with a wood stove insert for heating efficiency) that leads into your large well appointed kitchen with it's own separate deck. You also will have a living room/ dining room that is full of light. The floors in these 2 rooms are part of the original house and still have the wide plank pine floors that are still in outstanding condition and have been refinished. On the main floor, you also have a full bathroom and a small room that could be used for an office. There are 2 bedrooms on the upper floor along with a half bath. On the lower floor, you have your large Master Suite, complete with a walk in cedar closet, and full bath. There are also sliders that lead out to your own private patio. Can you imaging sitting out on the patio enjoying the quiet and your coffee? A lot of work has been done to get the house ready for you, there is: a New Roof, a New 3 bed Septic System, New Heating System, Trex decking, New flooring that includes both hardwoods and carpeting. This house is move in ready. Come and see all that this house has to offer! You are sure to be impressed.

Last Agent to Sell the Property

Paula Allin

HomeSmart Professionals License #RES.0034936 Listed on: 09/08/2018

HomeSmart Professionals

Last Buyer's Agent

Kathryn Forgue

RI Real Estate Services License #RES.0042155

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,474

Year Built

  • Built in 1790

Lot Details

  • 4.21 Acre Lot
  • Wooded Lot
  • Property is zoned R-3A

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,712 Sq Ft Home
  • 1-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Laundry Room
  • Utility Room
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Balcony
  • Deck
  • Patio

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Heating System Uses Steam
  • Well
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 323
  • Assessor Parcel Number 514FRANKLINRDCVEN

Community Details

Overview

  • Western Coventry Subdivision

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,474

Year Built

Built in 1790

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 4.21
  • Subdivision Name: Western Coventry
  • Above Grade Finished Sq Ft: 2712.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1790
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood, Carpet
  • Interior Amenities: Cedar Closet(s), Tub Shower, Wood Burning Stove
  • Living Area: 2712.0
  • Dining Room Type: Bathroom, Bedroom, Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Plaster, Vinyl Siding
  • Exterior Features: Balcony, Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Patio And Porch Features: Balcony, Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Recreation Area
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 183388.0
  • Parcel #: 514FRANKLINRDCVEN
  • Zoning: R-3A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6474.0
  • Tax Lot: 323
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Feb 8, 2019
Sold by
Abisco Ltd
Bought by
Donahue Jenny L and Donahue Christopher M
Seller's Agent
Paula Allin
HomeSmart Professionals
Buyer's Agent
Kathryn Forgue
RI Real Estate Services
List Price
$349,000
Sold Price
$330,000
Premium/Discount to List
-$19,000
-5.44%
Current Estimated Value
$589,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,753
Avg. Annual Appreciation
9.31%

Purchase Details

Listed on
Oct 13, 2017
Closed on
Dec 21, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Absi Michael A and Santilli-Absi Barbara H
Seller's Agent
Robert Crudale
RE/MAX Real Estate Center
Buyer's Agent
Paula Allin
HomeSmart Professionals
List Price
$220,000
Sold Price
$185,000
Premium/Discount to List
-$35,000
-15.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.14%

Purchase Details

Closed on
Oct 16, 2017
Sold by
Bank Of America Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Sep 9, 2016
Sold by
Perpall Sabra
Bought by
Bank Of America Na

Purchase Details

Closed on
May 16, 2014
Sold by
Perpall Sabra
Bought by
Perpall Sabra

Purchase Details

Closed on
Nov 12, 1999
Sold by
Devine Lawrence P and Devine Loretta S
Bought by
Adams Larry M and Adams Annabelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.68%
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
Donahue Jenny L $330,000 --
Absi Michael A $185,000 --
Department Of Housing & Urban Dev -- --
Bank Of America Na $536,444 --
Perpall Sabra $2,441 --
Adams Larry M $193,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donahue Jenny L $297,500
Previous Owner Adams Larry M $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2019 02/08/19 Sold $330,000 -5.4% $122 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
09/08/2018 09/08/18 For Sale $349,000 +88.6% $129 / Sq Ft
12/19/2017 12/19/17 Sold $185,000 -15.9% $69 / Sq Ft
11/19/2017 11/19/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $220,000 -- $83 / 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 $7,228 $456,300 $207,400 $248,900
2023 $6,995 $456,300 $207,400 $248,900
2022 $7,611 $388,900 $179,800 $209,100
2021 $7,545 $388,900 $179,800 $209,100
2020 $8,649 $388,900 $179,800 $209,100
2019 $6,863 $308,600 $162,400 $146,200
2018 $6,669 $308,600 $162,400 $146,200
2017 $6,474 $308,600 $162,400 $146,200
2016 $6,044 $282,300 $153,700 $128,600
2015 $5,880 $282,300 $153,700 $128,600
2014 $5,758 $282,300 $153,700 $128,600
2013 $5,536 $296,700 $156,300 $140,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1203587

State-Wide MLS

APN: COVE-000323-000000-000078