NOT LISTED FOR SALE

7 Magnolia Ln Coventry, RI 02816

Estimated Value: $489,000 - $566,000

3 Beds
2.5 Baths
1,700 Sq Ft
$314/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $239,999 $141 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,368/month

157 Days on Market

Highlights

  • Beach Access
  • Deck
  • Raised Ranch Architecture
  • Golf Course Community
  • Wooded Lot
  • Attic

About This Home

As of October 2018

SERIOUS BUYERS ONLY! Opportunity awaits you in this 3 bed 2 1/2 bath home situated on just over a half acres in Wood Estates WITH RIGHTS TO JOHNSON'S POND! Membership is $40 a year!!! This home is conveniently located to everything! Minutes to shopping, highway, restaurants, schools golf, & swimming! This home has lots of space & features a fire placed living room, deck off kitchen, spacious bedrooms, finished lower with in-law potential, 2 car integral garage, new septic system, laundry room, & lots of parking BUT HOME NEEDS UPDATES and is priced accordingly! There is lots of potential here. Home is just waiting for you to come and make it your own. SUBJECT TO SELLER FINDING SUITABLE HOUSING

Last Agent to Sell the Property

Susan Silva

HomeSmart Professionals License #RES.0034124 Listed on: 04/24/2018

HomeSmart Professionals

Last Buyer's Agent

Michael Alves

Williams & Stuart Real Estate License #RES.0041675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,702

Year Built

  • Built in 1973

Lot Details

  • 0.6 Acre Lot
  • Corner Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Raised Ranch Architecture
  • Split Level Home
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace Features Masonry
  • Utility Room
  • Laundry Room
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck
  • Patio

Utilities

  • No Cooling
  • Zoned Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 73
  • Assessor Parcel Number 7MAGNOLIALANECVEN

Community Details

Overview

  • Wood Estates / Johnsons Pond Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,702

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Subdivision Name: Wood Estates / Johnsons Pond
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: Raised Ranch, Split-Level
  • Garage Yn: Yes
  • Unit Levels: One, Multi/Split
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1973
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Vinyl, Carpet
  • Interior Amenities: Attic, Cable TV
  • Living Area: 1700.0
  • Dining Room Type: Bathroom, Laundry, Utility Room
  • Stories: 1
  • Window Features: Storm Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot, Wooded
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Deck, Patio, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In, Garage Door Opener
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Central, Gas, Hot Water, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 26136.0
  • Parcel #: 7MAGNOLIALANECVEN
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5702.0
  • Tax Lot: 73
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Gleich Henry A and Gleich Cindy M
Bought by
Gleich Cindy M
Current Estimated Value
$534,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Outstanding Balance
$171,032
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$342,078

Purchase Details

Listed on
Apr 24, 2018
Closed on
Oct 29, 2018
Sold by
Lombardi Linda L
Bought by
Gleich Henrya and Gleich Cindy M
Seller's Agent
Susan Silva
HomeSmart Professionals
Buyer's Agent
Michael Alves
Williams & Stuart Real Estate
List Price
$279,500
Sold Price
$239,999
Premium/Discount to List
-$39,501
-14.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.62%
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
Gleich Cindy M -- None Available
Gleich Henrya $239,999 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleich Cindy M $191,000
Previous Owner Gleich Henrya $50,000
Previous Owner Gleich Henrya $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2018 10/29/18 Sold $239,999 -14.1% $141 / Sq Ft
09/29/2018 09/29/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $279,500 -- $164 / 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 $6,548 $413,400 $187,100 $226,300
2023 $6,337 $413,400 $187,100 $226,300
2022 $6,051 $309,200 $176,400 $132,800
2021 $5,985 $308,500 $175,700 $132,800
2020 $6,861 $308,500 $175,700 $132,800
2019 $6,045 $271,800 $145,100 $126,700
2018 $5,874 $271,800 $145,100 $126,700
2017 $5,702 $271,800 $145,100 $126,700
2016 $5,355 $250,100 $124,600 $125,500
2015 $5,210 $250,100 $124,600 $125,500
2014 $5,101 $250,100 $124,600 $125,500
2013 $4,978 $266,800 $130,900 $135,900
Source: Public Records

Agents Affiliated with this Home

  • Susan Silva

    Seller's Agent in 2018

    Susan Silva

    HomeSmart Professionals

    (401) 529-9259

    25 in this area

    34 Total Sales

    Susan Silva
    Section Image

  • M

    Buyer's Agent in 2018

    Michael Alves

    Williams & Stuart Real Estate

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1188597

State-Wide MLS

APN: COVE-000018-000000-000073

Rhode Island Kent County Coventry 02816

7 Magnolia Ln, Coventry, RI

This home is located at 7 Magnolia Ln, Coventry, RI 02816 since 24 April 2018 and is currently estimated at $534,403, approximately $314 per square foot. This property was built in 1973. 7 Magnolia Ln is a home located in Kent County with nearby schools including Alan Shawn Feinstein Ms Of Cov, Coventry High School, and Father John V. Doyle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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