NOT LISTED FOR SALE

1061 Matunuck Beach Rd Wakefield, RI 02879

Estimated Value: $2,139,000 - $2,315,000

4 Beds
3.5 Baths
2,001 Sq Ft
$1,110/Sq Ft Est. Value

Last Sold October 04, 2016

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

Est. 85% increase in value since last sale

Current estimated payment $13,098/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

  • 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
  • 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, Jetted Tub, Cable TV
  • Living Area: 2001.0
  • Stories: 2
  • Window Features: Thermal Windows

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

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
$2,220,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,020,273
Avg. Annual Appreciation
6.93%

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

    34 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

Not Listed for Sale

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