NOT LISTED FOR SALE

1108 Succotash Rd Wakefield, RI 02879

6 Beds
4 Baths
2,326 Sq Ft
6,621 Sq Ft Lot

Last Sold August 03, 2022

Last sale price $1,100,000 $473 Per Sq Ft

31 Days on Market

Highlights

  • Marina
  • Water Views
  • Wood Flooring
  • Narragansett Elementary School Rated A
  • Beach Access
  • Corner Lot

About This Home

As of August 2022

Rare opportunity in Jerusalem, RI to rebuild new in one of Southern Rhode Island's most treasured seaside beach and fishing communities. This phenomenal location is just steps to the beach and walking distance to all Jerusalem amenities including indoor and outdoor dining establishments, coffee shop, town dock well known for the Jerusalem Jumpers where people of all ages jump off the pilings into the water. There is also a small beach for young toddlers with no waves. This parcel currently consists of 2 legal dwellings which are inhabitable on a 6,621 sq. ft. lot which will afford explosive views of the Atlantic Ocean, Block Island, East Matunuck State Beach and the protected Nature Preserve across the street. This truly amazing location is an incredible destination for anyone looking for a home with guest house for multiple users, investors or even partner with a friend to have homes side-by-side. Current owner has done some due diligence to determine that 2 units can be rebuilt on the lot. This is so unique - do not hesitate to explore all your options. Being Sold As Is. Walking distance to 3 beaches, marinas, food and fishing and if you are a dog friendly there is a beach where you can bring your pet year-round. Jerusalem has it all.

Last Agent to Sell the Property

John Krekorian

RE/MAX FLAGSHIP, INC. License #RES.0024980 Listed on: 06/23/2022

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Kelly Holmes

Mott & Chace Sotheby's Intl. License #RES.0041620

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,302

Year Built

  • Built in 1957

Lot Details

  • 6,621 Sq Ft Lot
  • Corner Lot

Home Design

  • Fixer Upper
  • Block Foundation
  • Slab Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 2,326 Sq Ft Home
  • Water Views
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 5 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Propane
  • 100 Amp Service
  • Electric Water Heater
  • Cesspool

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 1108SUCCOTASHRDNARR

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Jerusalem Subdivision

Recreation

  • Marina
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,302

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Business Type: Other
  • Lot Size Acres: 0.152
  • Subdivision Name: Jerusalem
  • Above Grade Finished Sq Ft: 2326.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1957
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Number Of Buildings: 2
  • Appliances: Electric Water Heater
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Shingle Siding, Wood Siding
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Propane, None
  • Heating Yn: No
  • Electric: 100 Amp Service
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Near Hospital, Near Schools, Recreation Area
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 6621.0
  • Parcel #: 1108SUCCOTASHRDNARR
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 6302.0
  • Tax Lot: 7
  • Tax Year: 2022

Range of Values:

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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

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $1,100,000 -10.2% $473 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $1,225,000 +22.5% $527 / Sq Ft
02/07/2022 02/07/22 Sold $1,000,000 -22.5% $430 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,290,000 -- $555 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1313585

State-Wide MLS

APN: NARR M:I-J B:7