NOT LISTED FOR SALE

1061 Matunuck Beach Rd Wakefield, RI 02879

Estimated Value: $1,725,000 - $2,558,707

4 Beds
3.5 Baths
2,001 Sq Ft
$1,090/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $1,200,000 $600 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $13,018/month

100 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Spa
  • Marina
  • Water Access
  • Deck

About This Home

As of October 2016

OCEANFRONT, Matunuck beach living at its best! Enjoy private beachfront & panoramic ocean and pond views from this quintessential summer beach cottage, set on a 0.59 acre, south-facing lot next to "Surfer's Secret Spot." Updated home/expansive decks!

Last Agent to Sell the Property

Erica Gregg

Lila Delman Compass License #REB.0016822 Listed on: 05/26/2016

Lila Delman Compass

Last Buyer's Agent

Erica Gregg

Lila Delman Compass License #REB.0016822 Listed on: 05/26/2016

Lila Delman Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,164

Year Built

  • Built in 1952

Lot Details

  • 0.59 Acre Lot
  • Beach Front
  • Corner Lot
  • Property is zoned R-20

Home Design

  • Cottage
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,001 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 2 Fireplaces
  • Stone Fireplace
  • Thermal Windows
  • Water Views
  • Crawl Space
  • Security System Owned

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Outdoor Grill
  • Porch

Location

  • Property near a hospital

Utilities

  • Cooling Available
  • No Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 1061MATUNUCKBEACHRDSKNG

Community Details

Overview

  • Matunuck Beach Subdivision

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,164

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Subdivision Name: MATUNUCK BEACH
  • Above Grade Finished Sq Ft: 2001.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Wet Bar, Cable TV
  • Living Area: 2001.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck, Porch, Barbecue
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Security: Security System Owned
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 25700.0
  • Parcel #: 1061MATUNUCKBEACHRDSKNG
  • Zoning: R-20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 16164.0
  • Tax Lot: 16
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2016
Closed on
Oct 4, 2016
Sold by
Hogg Russell E and Hogg Dorothy A
Bought by
Cmt Real Estate Holdin
Seller's Agent
Erica Gregg
Lila Delman Compass
Buyer's Agent
Erica Gregg
Lila Delman Compass
List Price
$1,499,000
Sold Price
$1,200,000
Premium/Discount to List
-$299,000
-19.95%
Current Estimated Value
$2,181,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$981,177
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Oct 27, 2014
Sold by
Hogg Russell E
Bought by
Gilchrist Thomas D and Gilchrist Bridget M
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cmt Real Estate Holdin $1,200,000 --
Gilchrist Thomas D $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilchrist Thomas D $450,000
Previous Owner Gilchrist Thomas D $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2016 10/04/16 Sold $1,200,000 -19.9% $600 / Sq Ft
09/04/2016 09/04/16 Pending -- -- --
05/26/2016 05/26/16 For Sale $1,499,000 -- $749 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

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 $17,453 $1,952,200 $1,619,400 $332,800
2024 $18,469 $1,671,400 $1,359,600 $311,800
2023 $18,469 $1,671,400 $1,359,600 $311,800
2022 $18,302 $1,671,400 $1,359,600 $311,800
2021 $19,376 $1,340,900 $1,107,900 $233,000
2020 $19,376 $1,340,900 $1,107,900 $233,000
2019 $19,376 $1,340,900 $1,107,900 $233,000
2018 $16,892 $1,077,300 $886,400 $190,900
2017 $16,470 $1,075,800 $886,400 $189,400
2016 $16,234 $1,075,800 $886,400 $189,400
2015 $16,164 $1,041,500 $849,700 $191,800
2014 $16,122 $1,041,500 $849,700 $191,800
Source: Public Records

Agents Affiliated with this Home

  • Erica Gregg

    Seller's Agent in 2016

    Erica Gregg

    Lila Delman Compass

    (401) 954-5703

    36 Total Sales

    Erica Gregg
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Map

Source: State-Wide MLS

MLS Number: 1127141

State-Wide MLS

APN: SKIN-009304-000000-000016

Rhode Island Washington County Wakefield 02879

1061 Matunuck Beach Rd, Wakefield, RI

This home is located at 1061 Matunuck Beach Rd, Wakefield, RI 02879 since 26 May 2016 and is currently estimated at $2,181,177, approximately $1,090 per square foot. This property was built in 1952. 1061 Matunuck Beach Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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