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4 Butternut Drive

4 Butternut Drive, Coventry, RI 02816
Property in Coventry
Sold Dec 01, 2020
$390,000
$376,983 by Semper Home Loans Inc
Mortgage
Sold Aug 27, 2010
$314,000
$264,000 by Michael K Lysikatos
Mortgage Due Aug 27, 2020
4 Butternut Drive has been categorized by the local assessors in Coventry, RI as a residential type of property. The building on the property was first built in 1979 and is 45 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 4 Butternut Drive has 1,860 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 20,473 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage underground or in the basement for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4 Butternut Drive sold most recently in Nov 30, 2020 for a total of $390,000. If you work out the math, that's approximately a cost of $209.68 per sqft. Before that, the property was also sold for $314,000 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 $7,562 in taxes each year. The initial year of tax delinquency occurred in 2021. 4 Butternut Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $493,300. If we break it down further, the land itself was valued at $163,200. Improvements to the property, however, were assessed at a total of $330,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 1,860
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 1,860
  • Gross Building Area: 5,852
  • Building Area: 1,860
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,860
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SMITH JEFFERY
  • Previous Owner : PEREIRA LINA
  • Owner Before Previous Owner: LYSIKATOS MICHAEL K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coventry School District
  • School Tax School District: COVENTRY PS
  • Census Tract: 020703

Zoning

  • Zoning: R-20

Geography

  • Account Number: 3320
  • Parcel: COVE M:35 L:5
  • Lot: 5
  • Municipality: COVENTRY
  • Latitude: 41.6823
  • Longitude: -71.5889

    Address

  • Full Address: 4 Butternut Dr
  • Address - House Number: 4
  • Address - Street Name: Butternut
  • Address - Suffix Type: Dr
  • State: RI
  • City Name: Coventry
  • Carrier Code: R018
  • 4-Digit Zip Code: 6538
  • Zip Code: 02816

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,562
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 76
  • Final Value: 548,606
  • High Value: 647,649
  • Low Value: 449,563

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,983
  • First Open Lien Mortgage Lender: SEMPER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 01, 2020
  • First Open Lien Mortgage Loan Amount: $376,983
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,300
  • Assessed Land Value: $163,200
  • Assessed Improvements Value: $330,100

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 01, 2020
  • Current Sale Transaction ID: 11805466175
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8317
  • Previous Sale Recording Date: Aug 27, 2010
  • Previous Sale Amount: $314,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SEMPER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 01, 2020
  • First Mortgage Loan Amount: $376,983
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: MICHAEL K LYSIKATOS
  • Previous Mortgage Transaction Date: Aug 27, 2010
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $264,000
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 27, 2020

About Kent



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 4 Butternut Drive located in?
The 4 Butternut Drive is a located in the neighborhood of Coventry in Kent, Coventry.
What is the average sales price for listings in 4 Butternut Drive?
The average sales price for units in 4 Butternut Drive is $0 currently.

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