NOT LISTED FOR SALE

81 Indian Trail Coventry, RI 02816

Estimated Value: $248,000 - $428,981

Studio
-- Bath
432 Sq Ft
$693/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $240,000 $556 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,074/month

60 Days on Market

Highlights

  • Waterfront
  • Storm Doors
  • No Heating
  • Cottage
  • Wood Siding
  • 1-Story Property

About This Home

As of July 2024

Picture perfect cottage on Johnson's Pond! Rare opportunity to purchase your own little slice of paradise. This property has been a family retreat for over fifty years, and is ready to be enjoyed for generations to come. The location of this property simply cannot be beat, as it is situated along one of the widest parts of the pond. Enjoy swimming, boating, and countless other water activities, or just sit back and enjoy the stunning views all year long. There is currently a small, well maintained cottage that has mainly been used for storage of summer toys on the property, a DEM permitted outhouse, and another storage shed. This is not leased land. DO NOT WALK PROPERTY WITHOUT MAKING AN APPOINTMENT! Seller has received preliminary DEM approval for a one bedroom septic system to be installed on the property at the buyers' expense. There is currently no heating system or indoor plumbing in the cottage. Cash sale only

Last Agent to Sell the Property

Marvin Webber

RE/MAX Real Estate Center License #RES.0042693 Listed on: 05/09/2024

RE/MAX Real Estate Center

Co-Listed By

David Tatangelo

RE/MAX Real Estate Center License #RES.0029833

Last Buyer's Agent

Jay Rezendes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,483

Year Built

  • Built in 1940

Lot Details

  • 6,098 Sq Ft Lot
  • Waterfront
  • Property is zoned R2A

Home Design

  • Cottage
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 432 Sq Ft Home
  • 1-Story Property
  • Storm Doors

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access

Utilities

  • No Cooling
  • No Heating
  • Water Not Available
  • No Hot Water
  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 81INDIANTRLCVEN

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,483

Year Built

Built in 1940

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: RMXR03
  • Co List Office Phone: 401-823-7600
  • Inclusions: Property currently does not have a heating system or indoor plumbing. Seller has preliminary approval for a one bedroom septic system.
  • Above Grade Finished Sq Ft: 432.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1940
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: No Hot Water
  • Has Basement: None
  • Basement YN: No
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other
  • Living Area: 432.0
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Waterfront Features: Dock Access, Water Access, Waterfront
  • Construction Type: Wood Siding, Vinyl Siding
  • Foundation Details: See Remarks

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: None
  • Utilities: Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6098.0
  • Parcel #: 81INDIANTRLCVEN
  • Zoning: R2A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5483.0
  • Tax Lot: 55
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 13, 2024
Sold by
Labrecque Rita
Bought by
215 Tollgate Realty Llc
Seller's Agent
Marvin Webber
RE/MAX Real Estate Center
Buyer's Agent
Jay Rezendes
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%
Views
1184
Current Estimated Value
$299,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,245
Avg. Annual Appreciation
13.95%
Original Mortgage
$324,763
Interest Rate
6.95%
Mortgage Type
New Conventional
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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Purchase History

Date Buyer Sale Price Title Company
215 Tollgate Realty Llc $240,000 None Available
215 Tollgate Realty Llc $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 215 Tollgate Realty Llc $324,763
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $240,000 -7.3% $556 / Sq Ft
05/09/2024 05/09/24 For Sale $259,000 -- $600 / Sq Ft
Source: State-Wide MLS

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 $5,699 $354,200 $243,300 $110,900
2024 $4,438 $280,200 $243,300 $36,900
2023 $4,295 $280,200 $243,300 $36,900
2022 $3,476 $177,600 $146,600 $31,000
2021 $3,445 $177,600 $146,600 $31,000
2020 $3,950 $177,600 $146,600 $31,000
2019 $2,807 $126,200 $104,000 $22,200
2018 $2,727 $126,200 $104,000 $22,200
2017 $2,648 $126,200 $104,000 $22,200
2016 $2,456 $114,700 $95,800 $18,900
2015 $2,389 $114,700 $95,800 $18,900
2014 $2,819 $114,700 $95,800 $18,900
2013 $2,989 $132,900 $111,500 $21,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1358749

State-Wide MLS

APN: COVE-000324-000000-000055

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