NOT LISTED FOR SALE

111 Twin Peninsula Ave Wakefield, RI 02879

Estimated Value: $3,174,563 - $3,340,000

3 Beds
3.5 Baths
4,085 Sq Ft
$796/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $2,225,000 $545 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $19,212/month

90 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Marble Flooring
  • Marina
  • Spa
  • Cathedral Ceiling

About This Home

As of September 2021

Welcome to the best in waterfront living! This spectacular property, nestled on a private lot, overlooks Green Hill Pond. Reminiscent of the Arts & Crafts style, this custom-built home features a welcoming wrap-around covered porch where you can relax and enjoy breathtaking sunsets, a grand living room with 10' ceilings, expansive water views, polished stone fireplace, a built-in bookcase and a kitchen boasting a ceiling lined in warm wood, exposed antique beams and serene water views. It is ready to accommodate large gatherings with a Subzero refrigerator, 2 dishwashers, 2 sinks, granite counter-tops and Brunahan custom cabinets. The master suite has a fireplace and views from its private balcony. The Carrara Marble Master Bath includes a whirlpool tub, steam shower and spa. Two additional en-suite bedrooms also offer impressive water views. There is a 2 car garage, workshop and outdoor shower. Architecturally designed and built with quality materials and craftsmanship, the house shows attention to details: 3 fireplaces, Brazilian cherry wood floors, surround sound, security system, Buderus furnace and even an elevator shaft in place for future use. This property includes a private deeded dock giving access to the salt pond and open ocean for fishing, clamming, watersports and bird watching. Centrally located between Narragansett and Watch Hill it is close to many beaches, restaurants, shops and wildlife refuges. Enjoy RI coastal lifestyle in this impressive property.

Last Agent to Sell the Property

Josiane Schieldrop

WATERFRONT PROPERTIES License #RES.0015876 Listed on: 06/01/2021

Last Buyer's Agent

William Litvin

Lighthouse Real Estate Group License #REB.0016227

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,143

Year Built

  • Built in 2003

Lot Details

  • 0.63 Acre Lot
  • Beach Front
  • Property is zoned R-80

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,085 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • 3 Fireplaces
  • Stone Fireplace
  • Thermal Windows
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

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

Outdoor Features

  • Spa
  • Water Access
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • 200+ Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 111TWINPENINSULAAVSKNG

Community Details

Overview

  • Green Hill Twin Peninsula Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,143

Year Built

Built in 2003

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.6263
  • Subdivision Name: Green Hill - Twin Peninsula
  • Above Grade Finished Sq Ft: 4085.0
  • 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

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Trash Compactor, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Tub Shower, Central Vacuum
  • Living Area: 4085.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Water Access, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Built In
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Marina, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No
  • Association Fee: 150.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 27280.0
  • Parcel #: 111TWINPENINSULAAVSKNG
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 18143.42
  • Tax Lot: 9
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Sep 30, 2021
Sold by
Ri Lease Llc
Bought by
Cherrone Marian A and Cherrone James A
Seller's Agent
Josiane Schieldrop
WATERFRONT PROPERTIES
Buyer's Agent
William Litvin
Lighthouse Real Estate Group
List Price
$2,439,000
Sold Price
$2,225,000
Premium/Discount to List
-$214,000
-8.77%
Current Estimated Value
$3,251,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,026,391
Avg. Annual Appreciation
7.08%
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
Cherrone Marian A $2,225,000 None Available
Cherrone Marian A $2,225,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $2,225,000 -8.8% $545 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $2,439,000 -- $597 / 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
2024 $22,512 $2,037,300 $1,035,900 $1,001,400
2023 $22,512 $2,037,300 $1,035,900 $1,001,400
2022 $22,308 $2,037,300 $1,035,900 $1,001,400
2021 $18,143 $1,255,600 $638,200 $617,400
2020 $18,143 $1,255,600 $638,200 $617,400
2019 $18,143 $1,255,600 $638,200 $617,400
2018 $17,858 $1,138,900 $600,700 $538,200
2017 $17,437 $1,138,900 $600,700 $538,200
2016 $17,186 $1,138,900 $600,700 $538,200
2015 $15,826 $1,019,700 $545,900 $473,800
2014 $15,785 $1,019,700 $545,900 $473,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1284278

State-Wide MLS

APN: SKIN-009001-000000-000009