Seller's Agent in 2023
Mike Navoian
Weichert REALTORS-Atlantic Prp
(401) 481-8050
1 in this area
77 Total Sales
102 Main St Wakefield, RI 02879
Estimated Value: $1,048,944
2
Beds
1.5
Baths
4,704
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- Marina
- Wood Flooring
- Tennis Courts
- Golf Course Community
- 1 Fireplace
- 1 Car Detached Garage
About This Home
As of April 2023Rare opportunity to purchase a move in ready property on desirable Main St in Wakefield. The building has been meticulously maintained continuously for the past 40+ years by a very successful local business. It's flexible layout and zoning allow for numerous uses: Retail, Office, Restaurant utilizing the entire building or utilizing 2nd floor as an apartment to supplement your income. Additionally, the entire property could be used for Residential purposes and with it's proximity to the beach, could be a fantastic summer rental. American Craftsman Windows (by Anderson) are 10-12 years old, roof is < 15 years old, chimney has been totally replaced with mystic tumbled bricks within the last 3 weeks, exterior painted 2 months ago, entire interior has been freshly painted & boasts gleaming hardwoods throughout. Newly Asphalted driveway / parking lot accommodates up to 12 vehicles, while large 1.5 bay garage and 16x12 shed provide a tremendous amount of storage.
Last Agent to Sell the Property
Weichert REALTORS-Atlantic Prp License #REC.0017259 Listed on: 10/01/2022
Last Buyer's Agent
The Hope Group
NextHome Ocean State Realty Gr
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,936
Year Built
- Built in 1900
Lot Details
- 0.25
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- Stone Foundation
- Clapboard
- Plaster
Interior Spaces
- 4,704 Sq Ft Home
- 2-Story Property
- 1 Fireplace
- Wood Flooring
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 2 Bedrooms
- Bathtub with Shower
Utilities
- No Cooling
- Heating System Uses Oil
- Baseboard Heating
- Hot Water Heating System
- 100 Amp Service
- Oil Water Heater
- Cable TV Available
Additional Features
- 0.25 Acre Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 70
- Assessor Parcel Number 102MAINSTSKNG
Community Details
Overview
- 2 Units
- Wakefield Main St Subdivision
Amenities
- Shops
- Public Transportation
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 5, 2023
Sold by
Eclectic Energy Llc
Bought by
Coki Loki Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Outstanding Balance
$431,647
Interest Rate
6.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$617,297
Purchase Details
Listed on
Oct 1, 2022
Closed on
Apr 10, 2023
Sold by
Masson Meredith
Bought by
Eclectic Energy Llc
Seller's Agent
Mike Navoian
Weichert REALTORS-Atlantic Prp
Buyer's Agent
The Hope Group
NextHome Ocean State Realty Gr
List Price
$999,900
Sold Price
$850,000
Premium/Discount to List
-$149,900
-14.99%
Views
168
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$535,086
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Coki Loki Llc | -- | None Available | |
| Coki Loki Llc | -- | None Available | |
| Eclectic Energy Llc | $850,000 | None Available | |
| Eclectic Energy Llc | $850,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Coki Loki Llc | $441,000 | |
| Closed | Coki Loki Llc | $441,000 | |
| Previous Owner | Eclectic Energy Llc | $535,086 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/10/2023 04/10/23 | Sold | $850,000 | -15.0% | $181 / Sq Ft |
| 02/16/2023 02/16/23 | Pending | -- | -- | -- |
| 10/01/2022 10/01/22 | For Sale | $999,900 | -- | $213 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $7,045 | $788,000 | $324,000 | $464,000 |
| 2024 | $5,776 | $522,700 | $246,000 | $276,700 |
| 2023 | $4,980 | $450,700 | $246,000 | $204,700 |
| 2022 | $4,935 | $450,700 | $246,000 | $204,700 |
| 2021 | $5,831 | $403,500 | $222,000 | $181,500 |
| 2020 | $5,831 | $403,500 | $222,000 | $181,500 |
| 2019 | $5,831 | $403,500 | $222,000 | $181,500 |
| 2018 | $5,839 | $372,400 | $198,000 | $174,400 |
| 2017 | $5,701 | $372,400 | $198,000 | $174,400 |
| 2016 | $5,620 | $372,400 | $198,000 | $174,400 |
| 2015 | $5,645 | $363,700 | $228,000 | $135,700 |
| 2014 | $5,630 | $363,700 | $228,000 | $135,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Navoian
-
Denise Silva
D
Seller Co-Listing Agent in 2023
Denise Silva
Weichert REALTORS-Atlantic Prp
(401) 206-7322
1 in this area
45 Total Sales
-
T
Buyer's Agent in 2023
The Hope Group
NextHome Ocean State Realty Gr
Map
Source: State-Wide MLS
MLS Number: 1321323
APN: SKIN-005701-000000-000070
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