Rare opportunity for development of this 45.3 +/- acre lot on Flat River Reservoir. The attached conceptual plan shows the potential development of 65 house lots, with eleven house lots having frontage on the reservoir and many of the remaining lots having water view. All lots would have access to the reservoir front dwelling that could be converted to a clubhouse for a common waterfront amenity.
Rare opportunity for development of this 45.3 +/- acre lot on Flat River Reservoir. The attached conceptual plan shows the potential development of 65 house lots, with eleven house lots having frontage on the reservoir and many of the remaining house lots having water view. All lots would have access to the waterfront dwelling (included with the sale) that could be converted to a clubhouse for a common waterfront amenity.
MLS PIN #72324373
Dec 27, 2018
Sold
$2,250,000
Sep 14, 2018
Pending
—
May 10, 2018
Listed
$2,900,000
Year
Property tax
Land + Additions
Assessment*
2022
$8,178 (+0.9%)
$344,900 + $73,000
$417,900
2021
$8,107 (−12.8%)
$344,900 + $73,000
$417,900
2020
$9,294 (+38.4%)
$344,900 + $73,000
$417,900
2019
$6,714 (−4.6%)
$238,900 + $63,000
$301,900
2018
$7,038 (+3.0%)
$238,900 + $86,800
$325,700
2017
$6,833 (−3.9%)
$238,900 + $86,800
$325,700
2016
$7,108 (+2.8%)
$260,700 + $71,300
$332,000
2015
$6,916 (+2.1%)
$260,700 + $71,300
$332,000
2014
$6,773 (−11.8%)
$260,700 + $71,300
$332,000
2013
$7,679 (+3.3%)
$328,700 + $82,800
$411,500
2012
$7,432
$328,700 + $82,800
$411,500
Tax history for 155 Reservoir Rd
Year
Property tax
Land + Additions
Assessment*
2022
$8,178 (+0.9%)
$344,900 + $73,000
$417,900
2021
$8,107 (−12.8%)
$344,900 + $73,000
$417,900
2020
$9,294 (+38.4%)
$344,900 + $73,000
$417,900
2019
$6,714 (−4.6%)
$238,900 + $63,000
$301,900
2018
$7,038 (+3.0%)
$238,900 + $86,800
$325,700
2017
$6,833 (−3.9%)
$238,900 + $86,800
$325,700
2016
$7,108 (+2.8%)
$260,700 + $71,300
$332,000
2015
$6,916 (+2.1%)
$260,700 + $71,300
$332,000
2014
$6,773 (−11.8%)
$260,700 + $71,300
$332,000
2013
$7,679 (+3.3%)
$328,700 + $82,800
$411,500
2012
$7,432
$328,700 + $82,800
$411,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
1
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
1.5 Acres
Year renovated
—
Sq. Ft.
1,008
Year built
1950
Style
Single Family Residential
County
Kent County
APN
533381
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 6, 2023.
Property details
Exterior
Property Information
PropertySubType: Residential
Has Waterview
Lake, Pond, Walk to
Lot Information
Lot Size (Acres): 45.3
Lot Features: Wooded
WaterfrontYN: Yes
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $26,347
Tax Year: 2017
Utilities
Utility Information
Gas: None
Sewer: Private Sewer
Water Source: Nearby
Electric: Nearby
Location
Location Information
Directions: Rte 3 to Reservoir Rd. Property, including dwelling, is in the back and to the R of dwelling.
UnparsedAddress: 155 Reservoir Rd, Coventry RI 02816
Community Information
Senior CommunityYN: No
Community Features: Shopping, Highway Access, Public School
Public facts
Beds: 1
Baths: 1.0
Sq. Ft.: 1,008
Stories: 1.0
Lot Size: 1.5 acres
Style: Single Family Residential
Year Built: 1950
Year Renovated: —
County: Kent County
APN: 533381
Home facts updated by county records on Sep 6, 2023
Other
Listing Information
StandardStatus: Closed
Around this home
Schools
Washington Oak School
Public PreK-5 • Assigned • 1.9mi
9/10
Alan Shawn Feinstein Middle School of Coventry
Public 6-8 • Assigned • 1.9mi
6/10
Coventry High School
Public 9-12 • Assigned • 0.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 16 days in 30 years
6/10 Wind Factor
70% chance of strong winds in next 30 years
2/10 Air Factor
2 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Coventry, RI • 02816
Average low and high temperatures (°F)
33
19
37
21
50
32
60
40
68
50
80
60
83
65
79
58
73
56
64
45
52
35
38
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9 hours in
June and 4.6 hours in December, placing it below the
U.S. average for solar exposure.
9 hrs
4.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.69M – $2.04M
Reach more buyers when you sell with Redfin. Save up to $17,770 in fees.3 minutes to get started.
Get a free, detailed breakdown of how we calculated your estimate.