NOT LISTED FOR SALE

7 Covington Ct Westerly, RI 02891

Estimated Value: $458,000 - $509,000

2 Beds
2 Baths
1,322 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $430,000 $325 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,938/month

20 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Attached Garage
  • Shops
  • Attic
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of July 2024

This beautiful stand alone condo at Covington Cottages is situated on a private cul-de-sac. It features 2 spacious bedrooms and 2 full bathrooms. This well-maintained condo boasts 2x6 construction, city gas, sewer, and water, central A/C, and gas heat. Additional amenities include a full basement and an attached 1-car garage. Located within walking distance to Downtown Westerly, with close proximity to the train, YMCA, and Wilcox Park. Move-in ready, the huge basement offers plenty of space for a game room. The home also includes insulated glass windows, a patio, a porch, and vinyl siding. The HOA covers lawn care, snow removal, garbage, and general maintenance. Sale is subject to the sellers finding suitable housing. Highest and Best offers are due Monday, June 3rd at 5pm.

Last Agent to Sell the Property

Norma Caiazza

Coldwell Banker Realty License #RES.0044513 Listed on: 05/29/2024

Coldwell Banker Realty

Last Buyer's Agent

Michaela Lamb

Sold By Michaela LLC License #REC.0018552

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,281

Year Built

  • Built in 2013

Lot Details

  • 3,820 Sq Ft Lot

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Unassigned Parking

Home Design

  • Entry on the 7th floor
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,322 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 200+ Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 7COVINGTONCTWEST

Community Details

Overview

  • Association fees include ground maintenance, parking, snow removal, trash
  • 17 Units
  • Downtown Subdivision

Amenities

  • Shops
  • Restaurant

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,281

Year Built

Built in 2013

Lot Details

0

HOA Fees

$145 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.0877
  • Subdivision Name: Downtown
  • Above Grade Finished Sq Ft: 1322.0
  • Building Name: Covington Cottages
  • Entry Level: 7
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 2013
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Oven, Range, Washer
  • 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, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Tub Shower
  • Living Area: 1322.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, Unassigned
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Near Schools, Restaurant, Shopping
  • Senior Community: No
  • Association Fee: 145.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Parking, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 3820.0
  • Parcel #: 7COVINGTONCTWEST
  • Zoning: Res
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 17

Tax Info

  • Tax Annual Amount: 3281.0
  • Tax Lot: 61
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2024
Closed on
Jul 9, 2024
Sold by
Audette Michael C
Bought by
Michel Robert V and Michel Susan S
Seller's Agent
Norma Caiazza
Coldwell Banker Realty
Buyer's Agent
Michaela Lamb
Sold By Michaela LLC
List Price
$415,000
Sold Price
$430,000
Premium/Discount to List
$15,000
3.61%
Views
46
Current Estimated Value
$479,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,281
Avg. Annual Appreciation
8.12%
Original Mortgage
$140,000
Outstanding Balance
$138,186
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$341,095

Purchase Details

Closed on
Jan 7, 2014
Sold by
Pleasant Street Court
Bought by
Audette Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,357
Interest Rate
4.47%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michel Robert V $430,000 None Available
Michel Robert V $430,000 None Available
Audette Michael C -- --
Audette Michael C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michel Robert V $140,000
Closed Michel Robert V $140,000
Previous Owner Audette Michael C $221,357
Previous Owner Audette Michael C $221,357
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $430,000 +3.6% $325 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/29/2024 05/29/24 For Sale $415,000 -- $314 / 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 $3,229 $415,000 $0 $415,000
2024 $3,374 $322,900 $0 $322,900
2023 $3,281 $322,900 $0 $322,900
2022 $3,261 $322,900 $0 $322,900
2021 $3,441 $285,300 $0 $285,300
2020 $3,381 $285,300 $0 $285,300
2019 $3,349 $285,300 $0 $285,300
2018 $2,857 $231,300 $0 $231,300
2017 $2,776 $231,300 $0 $231,300
2016 $2,776 $231,300 $0 $231,300
2015 $2,650 $236,000 $0 $236,000
2014 $2,608 $236,000 $0 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1359827

State-Wide MLS

APN: WEST-000047-000061-000007