NOT LISTED FOR SALE

107 Preservation Way Unit 107 Wakefield, RI 02879

Estimated Value: $815,223 - $871,000

2 Beds
2.5 Baths
2,517 Sq Ft
$338/Sq Ft Est. Value

Last Sold July 21, 2016

Last sale price $480,000 $191 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,382/month

34 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • 2 Car Attached Garage

About This Home

As of July 2016

Beautiful, Well maintained, 1st floor Master bedroom townhouse located in the desirable South County Preserve. Come enjoy true Condo living!

Last Agent to Sell the Property

Jennifer Eaton

Ocean Roads Realty LLC License #RES.0040670 Listed on: 05/17/2016

Last Buyer's Agent

Kathleen Kourakis

Mott & Chace Sotheby's Intl. License #RES.0025235

Mott & Chace Sotheby's Intl.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,155

Year Built

  • Built in 2005

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,517 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 22-12
  • Assessor Parcel Number 107PRESERVATIONWY107SKNG

Community Details

Overview

  • The Commons / The Preserve Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,155

Year Built

Built in 2005

Lot Details

0

HOA Fees

$340 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: THE COMMONS / THE PRESERVE
  • Above Grade Finished Sq Ft: 2517.0
  • Building Name: The Preserve
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Townhouse
  • Year Built: 2005
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: First Floor Access
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Living Area: 2517.0
  • Dining Room Type: Master Bedroom
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 340.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 107PRESERVATIONWY107SKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6155.0
  • Tax Lot: 22-12
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jul 21, 2016
Sold by
Hearne Herbert C and Hearne Carol L
Bought by
Tyrrell Timothy J
Seller's Agent
Jennifer Eaton
Ocean Roads Realty LLC
Buyer's Agent
Kathleen Kourakis
Mott & Chace Sotheby's Intl.
List Price
$499,000
Sold Price
$480,000
Premium/Discount to List
-$19,000
-3.81%
Current Estimated Value
$850,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,306
Avg. Annual Appreciation
6.43%
Original Mortgage
$350,000
Outstanding Balance
$280,336
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$569,970

Purchase Details

Closed on
May 17, 2006
Sold by
Preservation Bldrs Ltd
Bought by
Hearne Herbert C and Hearne Carol L
Source: Public Records

Range of Values:

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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
Tyrrell Timothy J $480,000 --
Hearne Herbert C $562,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hearne Herbert C $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2016 07/21/16 Sold $480,000 -3.8% $191 / Sq Ft
06/21/2016 06/21/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $499,000 -- $198 / 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 $6,617 $740,200 $0 $740,200
2024 $6,531 $591,000 $0 $591,000
2023 $6,531 $591,000 $0 $591,000
2022 $6,471 $591,000 $0 $591,000
2021 $6,744 $466,700 $0 $466,700
2020 $6,744 $466,700 $0 $466,700
2019 $6,744 $466,700 $0 $466,700
2018 $7,047 $449,400 $0 $449,400
2017 $6,880 $449,400 $0 $449,400
2016 $6,781 $449,400 $0 $449,400
2015 $6,155 $396,600 $0 $396,600
2014 $6,139 $396,600 $0 $396,600
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jennifer Eaton

    Ocean Roads Realty LLC

    (401) 447-1443

    2 in this area

    20 Total Sales

    Jennifer Eaton
    Section Image
  • Kathleen Kourakis

    Buyer's Agent in 2016

    Kathleen Kourakis

    Mott & Chace Sotheby's Intl.

    (401) 789-8899

    29 in this area

    73 Total Sales

    Kathleen Kourakis
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1126174

State-Wide MLS

APN: SKIN-000042-000000-000022-000012

Rhode Island Washington County Wakefield 02879

107 Preservation Way Unit 107, Wakefield, RI

This home is located at 107 Preservation Way Unit 107, Wakefield, RI 02879 since 17 May 2016 and is currently estimated at $850,306, approximately $337 per square foot. This property was built in 2005. 107 Preservation Way Unit 107 is a home located in Washington County with nearby schools including South Kingstown High School, Monsignor Matthew Clarke Catholic Regional School, and Bradley School-South.

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