NOT LISTED FOR SALE

111 Spartina Cove Way Wakefield, RI 02879

Estimated Value: $1,013,000 - $1,248,000

4 Beds
2.5 Baths
2,915 Sq Ft
$396/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $750,000 $257 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,832/month

22 Days on Market

Highlights

  • Marina
  • Water Access
  • Colonial Architecture
  • Golf Course Community
  • 1.1 Acre Lot
  • Deck

About This Home

As of December 2020

Check out this Amazing 4 bed, 2.5 bath colonial located on over an acre of land in private and highly sought after Spartina Cove. Walk the trails to the Salt Pond or Billing ton Cove Marina where two boat slips are available for neighborhood use. RI's best beaches are minutes away. This beautiful home boasts hardwoods throughout, stainless steel appliances and mahogany decks and an outdoor shower. The first level with it's open floor plan includes an eat in kitchen with a large center island, two ovens, and a living room with a large fireplace. Also on the first level is a formal living room and a separate dining room along with a laundry/utility room. The second level has a master suite with a walk in closet and a completely remodeled master bath which includes a soaking tub and a custom glass and tile shower. Three other large bedrooms make this a perfect home for large families.

Last Agent to Sell the Property

Timothy Lee

Nouveau Premier Realty, LLC License #RES.0043943 Listed on: 10/26/2020

Last Buyer's Agent

Team KEY

KEY Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,705

Year Built

  • Built in 2003

Lot Details

  • 1.1 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot
  • Property is zoned R-80

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,915 Sq Ft Home
  • 2-Story Property
  • Stone Fireplace
  • Thermal Windows
  • Workshop
  • Storage Room
  • Utility Room
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Balcony
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Underground Utilities
  • 200+ Amp Service
  • Well
  • Oil Water Heater
  • Septic Tank
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 111SPARTINACOVEWYSKNG

Community Details

Overview

  • Spartina Cove Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,705

Year Built

Built in 2003

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1
  • Subdivision Name: Spartina Cove
  • Above Grade Finished Sq Ft: 2915.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Bathtub, Tub Shower, Cable TV
  • Living Area: 2915.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac, Sprinkler System, Wooded
  • Waterfront Features: Dock Access, Water Access, Walk to Water
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Balcony, Deck, Porch, Sprinkler/Irrigation, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Balcony, Deck, Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Built In, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 1500.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 47916.0
  • Parcel #: 111SPARTINACOVEWYSKNG
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8705.0
  • Tax Lot: 33
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 16, 2020
Sold by
Lee Timothy and Lee Laura
Bought by
Gormley Mary V and Dietz John
Seller's Agent
Timothy Lee
Nouveau Premier Realty, LLC
Buyer's Agent
Team KEY
KEY Real Estate Services
List Price
$739,900
Sold Price
$750,000
Premium/Discount to List
$10,100
1.37%
Current Estimated Value
$1,154,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,008
Avg. Annual Appreciation
9.27%
Original Mortgage
$375,000
Outstanding Balance
$333,862
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$820,146

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 31, 2017
Sold by
Lurgio Jonathan A
Bought by
Lee Timothy and Lee Laura
Seller's Agent
David Carty
CARTY REALTY
Buyer's Agent
Leo Simoneau
Nouveau Premier Realty, LLC
List Price
$649,000
Sold Price
$635,000
Premium/Discount to List
-$14,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$475,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 31, 2012
Closed on
Nov 2, 2012
Sold by
Marc V Allen Ret
Bought by
Lurgio Jonathan A
Seller's Agent
Penny Taylor
Edge Realty RI
Buyer's Agent
Lori Eley
Residential Properties Ltd.
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$417,000
Interest Rate
3.5%

Purchase Details

Closed on
Apr 7, 2004
Sold by
Eric Johnson Homes Inc
Bought by
Marc V Allen Ret
Source: Public Records

Range of Values:

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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
Gormley Mary V $750,000 None Available
Lee Timothy $635,000 --
Lurgio Jonathan A $550,000 --
Marc V Allen Ret $660,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gormley Mary V $375,000
Previous Owner Marc V Allen Ret $475,000
Previous Owner Marc V Allen Ret $55,000
Previous Owner Marc V Allen Ret $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2020 12/18/20 Sold $750,000 +1.4% $257 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $739,900 +16.5% $254 / Sq Ft
10/31/2017 10/31/17 Sold $635,000 -2.2% $218 / Sq Ft View Prior Sale
10/01/2017 10/01/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $649,000 +18.0% $223 / Sq Ft
11/02/2012 11/02/12 Sold $550,000 -6.0% $189 / Sq Ft View Prior Sale
10/03/2012 10/03/12 Pending -- -- --
05/31/2012 05/31/12 For Sale $585,000 -- $201 / 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 $7,864 $879,600 $286,500 $593,100
2024 $8,379 $758,300 $256,400 $501,900
2023 $8,379 $758,300 $256,400 $501,900
2022 $8,303 $758,300 $256,400 $501,900
2021 $8,705 $602,400 $189,400 $413,000
2020 $8,705 $602,400 $189,400 $413,000
2019 $8,705 $602,400 $189,400 $413,000
2018 $8,648 $551,500 $182,400 $369,100
2017 $8,443 $551,500 $182,400 $369,100
2016 $8,322 $551,500 $182,400 $369,100
2015 $8,091 $521,300 $165,800 $355,500
2014 $8,070 $521,300 $165,800 $355,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1268448

State-Wide MLS

APN: SKIN-006304-000000-000033