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12 Terrace Avenue

12 Terrace Avenue, Coventry, RI 02816
Property in Coventry
Sold Nov 13, 2009
$165,000
$162,011 by Domestic Bk
Mortgage Due Nov 13, 2039
Sold Dec 06, 1993
$117,000
$20,000 by Centreville Svgs Bk
Mortgage
Local assessors in Coventry, RI have categorized 12 Terrace Avenue as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 10,019 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12 Terrace Avenue has a total of 1,040 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12 Terrace Avenue sold most recently in Jan 1, 1970 for a total of $165,000. If you work out the math, that's approximately a cost of $158.65 per sqft. Before that, the property was also sold for $117,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,142 in taxes each year. 12 Terrace Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $270,200. If we break it down further, the land itself was valued at $104,900. Improvements to the property, however, were assessed at a total of $165,300. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,040
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,040
  • Gross Building Area: 2,570
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,040
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PIMENTAL APRIL
  • Current Owner 2: MORESCO SCOTT
  • Previous Owner : CUMMINGS LUCILLE O
  • Owner Before Previous Owner: MAYER CAROL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coventry School District
  • School Tax School District: COVENTRY PS
  • Census Tract: 020601

Zoning

  • Zoning: R-20

Geography

  • Account Number: 10005
  • Parcel: COVE M:104 L:39
  • Lot: 39
  • Municipality: COVENTRY
  • Latitude: 41.7271
  • Longitude: -71.5347

    Address

  • Full Address: 12 Terrace Ave
  • Address - House Number: 12
  • Address - Street Name: Terrace
  • Address - Suffix Type: Ave
  • State: RI
  • City Name: Coventry
  • Carrier Code: C008
  • 4-Digit Zip Code: 7846
  • Zip Code: 02816

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,142

    Appraisal Valuation

  • Standard Deviation: 0.1691
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 78
  • Final Value: 341,952
  • High Value: 399,801
  • Low Value: 284,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $162,011
  • First Open Lien Mortgage Lender: DOMESTIC BK
  • First Open Lien Mortgage Recording Date: Nov 13, 2009
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $162,011
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 13, 2039

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,200
  • Assessed Land Value: $104,900
  • Assessed Improvements Value: $165,300

    Sales

  • Current Sale Recording Date: Nov 13, 2009
  • Current Sale Transaction ID: 1200833903
  • Current Sale Price: $165,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Dec 06, 1993
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DOMESTIC BK
  • First Mortgage Transaction Date: Nov 13, 2009
  • First Mortgage Loan Amount: $162,011
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 13, 2039

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CENTREVILLE SVGS BK
  • Previous Mortgage Transaction Date: Dec 06, 1993
  • Previous Mortgage Loan Amount: $20,000
  • Previous Mortgage Term: 360

About Kent



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Frequently Asked Questions

What neighborhood is 12 Terrace Avenue located in?
The 12 Terrace Avenue is a located in the neighborhood of Coventry in Kent, Coventry.
What is the average sales price for listings in 12 Terrace Avenue?
The average sales price for units in 12 Terrace Avenue is $0 currently.

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