Tucked away in a charming neighborhood along a scenic country road, this property is the ideal location for your future home. Whether you're ready to build your dream house today or planning for a peaceful retirement tomorrow, this lot has everything you need. It features an existing well and comes with a Zoning Certificate for an "Approved Buildable Lot" all set for your next chapter to begin. Plus, the seller is offering financing with just 15% down. Secure your future now and build your dream home when the time is right!
Property Details
Property Features
Listing Office:
Office Name: HomeSmart Professionals
Office Phone: (401) 921-5011
Exterior Features
Exterior Information:
Waterfront: Beach, Water Access, Waterfront
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.17 Acres
Price Information
Listing Price Info
Price Summary:
List Price: $124,900
Tax Information:
Annual Amount: $2,564
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Coventry, RI.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$691
Per Month
Principal & Interest
$624
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$441
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Blackrock School
12 La Casa Dr
Distance between this listing and this school0.51 miles
Public District Grades KG-5
5
/10
Hope School
391 North Rd
Distance between this listing and this school1.18 miles
Public District Grades KG-5
4
/10
John F. Horgan School
124 Providence St
Distance between this listing and this school2.12 miles
Public District Grades KG-4
Nearby Schools
5
/10
Alan Shawn Feinstein Middle School of Cov
15 Foster Dr
Distance between this listing and this school1.58 miles
Public District Grades 6-8
3
/10
John F. Deering Middle School
2 Webster Knight Dr
Distance between this listing and this school2.23 miles
Public District Grades 5-8
7
/10
Hope Highlands Middle School
300 Hope Rd
Distance between this listing and this school3.45 miles
Public District Grades 6-8
Nearby Schools
5
/10
West Warwick High School
1 Webster Knight Dr
Distance between this listing and this school2.25 miles
Public District Grades 9-12
5
/10
Coventry High School
40 Reservoir Rd
Distance between this listing and this school2.95 miles
Public District Grades 9-12
3
/10
Toll Gate High School
575 Centerville Rd
Distance between this listing and this school3.84 miles
The neighbors living near this home have an average income of $90,232. The most common annual income of people living in Coventry, RI is between $35k-100k. Typical family type is married, with kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Living In Coventry, RI
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
What type of housing is available in Coventry, RI?
Coventry's housing market is diverse, offering a mix of residential options that cater to various preferences and budgets. Single-family homes are prevalent, making up a significant portion of the housing stock, with architectural styles ranging from classic colonial to more contemporary designs. The market also includes a selection of condominiums and townhouses, providing alternatives for those seeking a more communal living experience or lower maintenance properties. The area has seen a range of development periods, with many homes dating back to the mid-20th century, contributing to the town's established feel.
Is Coventry, RI a good place to live?
Coventry is celebrated for its small-town charm and community-oriented atmosphere. The town prides itself on its rich history and natural beauty, with numerous parks and green spaces that offer residents a peaceful retreat from the hustle and bustle of city life. Local events and festivals throughout the year foster a strong sense of community and provide opportunities for residents to connect and celebrate their town's unique heritage and culture.
Are things conveniently located in Coventry, RI?
The community is served by a solid educational system, including several public schools that cater to different age groups, as well as private educational options. Healthcare services are accessible, with clinics and a local hospital that provide a range of medical services to meet the needs of residents. The town also features a public library system that supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a variety of shops and restaurants that range from familiar chains to unique local establishments.
What does the transportation in Coventry, RI look like?
Transportation in Coventry is facilitated by a network of roads and highways that connect residents to nearby cities and towns, making it a convenient location for commuters. Public transportation services are available, offering a practical alternative for those traveling within the town and to adjacent areas. The community is also served by ride-sharing options, enhancing mobility for residents without access to private vehicles. While some areas of Coventry are more walkable and bike-friendly, the town as a whole is geared more towards residents with cars.
Frequently Asked Questions About 27 Knotty Oak Shrs
What is the listing price of this property?
The listing price of 27 Knotty Oak Shrs property is $124,900.
What type of property is this?
The property 27 Knotty Oak Shrs is land located in Coventry, Rhode Island, 02816.
Is this property for sale now?
Active Listing: 27 Knotty Oak Shrs is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,564 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 22, 2005 for $136,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 27 Knotty Oak Shrs in Coventry, RI and zip code 02816. This home sits on a 0.17 acre lot. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $124,900.
While more than 15 listings in Coventry, RI in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 10 were sold below. The inventory of homes for sale in Coventry, RI between September 2024 and October 2024 increased by 2.1%. While the average time on the market in October 2024 was 25 days, the median list price was $401,066.
From Rocket Homes Real Estate and based on county public records data.