NOT LISTED FOR SALE

580 Old Main St Coventry, RI 02816

Estimated Value: $587,457 - $677,000

5 Beds
3 Baths
3,124 Sq Ft
$200/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $500,000 $160 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,858/month

25 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Recreation Facilities
  • Deck
  • Attic
  • Bathtub with Shower

About This Home

As of June 2022

Coventry RARE IN-LAW APPARTMENT!!! Charming and comfortable single-family home with attached legal in-law apartment located in the Flat River neighborhood of Coventry. This lovely property offers a unique opportunity for related Buyers to stretch out in and yet have privacy, ***See Zoning Regulation Note Below. The lovely Exterior features a Wraparound Porch, Fenced Yard on a Quarter Acre Lot, 16X12 Deck, above-ground pool, Treehouse, 15X10 Shed and a flagstone patio off the in-law unit. Enter the living room open to the sunny modern eat-in kitchen with an island, SS appliances and Quartz countertops. The 1st Floor also features 2 Bedrooms and a full Bath. A Laundry room separates the Main House from the In-law Suite with a Living room, Bedroom, Bath, and Kitchen. The 2nd Floor boasts a large Family/Rec room which would easily convert to a Home Office or Library. The Main Bedroom Suite has a Walk-in Closet and Pullman bath. A 2nd Bedroom on this level features an exercise area with a rubber floor. All Bedrooms include double closets. The large unfinished basement contains all modern mechanicals, tons of storage space; in addition, there is one finished room.

***NOTE: Town of Coventry RI Zoning Regulations ARTICLE IX Supplementary Regulations, Accessory Family Dwelling Unit/In-Law Apartment added 5-14-2018 BY ORD. No. 04-18-322.

Last Agent to Sell the Property

M.T. and Thomas Team

Real Choices Real Estate Listed on: 04/01/2022

Last Buyer's Agent

Clifford Boulet

Keller Williams Leading Edge License #RES.0045405

Keller Williams Leading Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,271

Year Built

  • Built in 1963

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Property is zoned R-20

Home Design

  • Colonial Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Outbuilding

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Water Heater Leased
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 046
  • Assessor Parcel Number 580OLDMAINSTCVEN

Community Details

Amenities

  • Shops
  • Public Transportation

Recreation

  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,271

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Above Grade Finished Sq Ft: 2824.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1963
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Water Heater Rented
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 300.0
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Laminate
  • Interior Amenities: Attic, Tub Shower, Cable TV
  • Living Area: 3124.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 10890.0
  • Parcel #: 580OLDMAINSTCVEN
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6271.38
  • Tax Lot: 046
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
Nov 20, 2018
Sold by
Neveu Paul and Neveu Elizabeth
Bought by
Ranucci Richard J and Ranucci Rosemary T
Seller's Agent
Leo Tatangelo
RE/MAX Real Estate Center
Buyer's Agent
Thomas St. Claire
Newport RI Real Estate Service
List Price
$339,000
Sold Price
$327,000
Premium/Discount to List
-$12,000
-3.54%
Current Estimated Value
$624,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,114
Avg. Annual Appreciation
9.79%
Original Mortgage
$261,500
Outstanding Balance
$232,613
Interest Rate
4.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$385,843

Purchase Details

Closed on
Oct 1, 1998
Sold by
Heath Alfred L and Heath Jeannine M
Bought by
Peiczarka Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,622
Interest Rate
6.89%
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
Ranucci Richard J $327,000 --
Peiczarka Elizabeth A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peiczarka Elizabeth A $261,500
Previous Owner Peiczarka Elizabeth A $190,000
Previous Owner Peiczarka Elizabeth A $22,000
Previous Owner Peiczarka Elizabeth A $114,622
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $500,000 +11.1% $160 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $450,000 +37.6% $144 / Sq Ft
11/30/2018 11/30/18 Sold $327,000 -3.5% $116 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $339,000 -- $120 / 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 $6,751 $426,200 $91,300 $334,900
2023 $6,534 $426,200 $91,300 $334,900
2022 $6,325 $323,200 $87,300 $235,900
2021 $6,270 $323,200 $87,300 $235,900
2020 $7,188 $323,200 $87,300 $235,900
2019 $5,923 $266,300 $73,400 $192,900
2018 $5,755 $266,300 $73,400 $192,900
2017 $5,587 $266,300 $73,400 $192,900
2016 $5,530 $258,300 $69,400 $188,900
2015 $5,380 $258,300 $69,400 $188,900
2014 $5,268 $258,300 $69,400 $188,900
2013 $4,799 $257,200 $75,000 $182,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1306543

State-Wide MLS

APN: COVE-000060-000000-000046