NOT LISTED FOR SALE

1159 Succotash Rd Unit B Wakefield, RI 02879

Estimated Value: $1,828,000 - $1,938,841

5 Beds
3 Baths
3,597 Sq Ft
$527/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $850,000 $236 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $10,988/month

211 Days on Market

Highlights

  • Beach Front
  • Marina
  • Cape Cod Architecture
  • Narragansett Elementary School Rated A
  • Water Access
  • Deck

About This Home

As of February 2020

This is a beautiful, must-see cape with 5 bedrooms, 3 full bathrooms, and an in-law suite. 1159 Succotash is the perfect spot to enjoy Rhode Island summers, but can also be loved year-round! Upon entering this home, you'll be greeted with an open-concept kitchen and living space and a seasonal porch. Have a seat here to take in the amazing views of Galilee and your own private dock. Back inside, laundry is located in the first floor bathroom for convenience. Upstairs, you'll find three bedrooms along with another full bath. The show-stopper here is the large deck overlooking the water. This spot is perfect for entertaining, celebrating, or just enjoying some peace of mind with a spectacular view. As if this isn't enough, the in-law space, with private entrance, also has its own deck which faces the water. This bonus area makes this home perfect for family visits or rental income! You’re footsteps away from East Matunuck Beach and seconds from great restaurants!

Last Agent to Sell the Property

Kaprece Ransaw

KEY Real Estate Services License #REB.0019296 Listed on: 06/24/2019

Last Buyer's Agent

Kaprece Ransaw

KEY Real Estate Services License #REB.0019296 Listed on: 06/24/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,994

Year Built

  • Built in 1950

Lot Details

  • 5,044 Sq Ft Lot
  • Beach Front

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Washer

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Parking

  • 5 Parking Spaces
  • No Garage

Outdoor Features

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

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Radiant Heating System
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 64-2
  • Assessor Parcel Number 1159SUCCOTASHRDNARR

Community Details

Recreation

  • Marina

Additional Features

  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,994

Year Built

Built in 1950

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 0.1158
  • Above Grade Finished Sq Ft: 2377.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1220.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Tub Shower
  • Living Area: 3597.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Dock Access, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Vinyl Siding
  • Exterior Features: Balcony, Deck, Porch, Patio
  • Foundation Details: See Remarks
  • Patio And Porch Features: Balcony, Deck, Patio, Porch, Screened

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Utilities: Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Shopping
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5044.0
  • Parcel #: 1159SUCCOTASHRDNARR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8994.0
  • Tax Lot: 64-2
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2021
Sold by
Gilbane William J and Gilbane Nancy A
Bought by
Gilbane Family Re Llc
Current Estimated Value
$1,896,460

Purchase Details

Closed on
Jun 11, 2001
Sold by
Hugo Gary and Hugo Linda
Bought by
Dispigno Vincent W and Dispigno Melissa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,100
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage
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
Gilbane Family Re Llc -- None Available
Dispigno Vincent W $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dispigno Vincent W $302,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $850,000 -10.5% $236 / Sq Ft
01/22/2020 01/22/20 Pending -- -- --
06/24/2019 06/24/19 For Sale $949,999 -- $264 / 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 $10,449 $1,595,300 $1,019,000 $576,300
2023 $9,722 $1,044,300 $636,600 $407,700
2022 $9,270 $1,030,000 $636,600 $393,400
2021 $9,126 $1,030,000 $636,600 $393,400
2020 $9,474 $904,000 $623,700 $280,300
2019 $9,248 $904,000 $623,700 $280,300
2018 $8,995 $904,000 $623,700 $280,300
2017 $8,529 $807,700 $589,200 $218,500
2016 $8,142 $807,700 $589,200 $218,500
2015 $8,029 $807,700 $589,200 $218,500
2014 -- $678,600 $460,300 $218,300
Source: Public Records

Agents Affiliated with this Home

  • Kaprece Ransaw

    Seller's Agent in 2020

    Kaprece Ransaw

    KEY Real Estate Services

    (401) 391-1529

    8 in this area

    38 Total Sales

    Kaprece Ransaw
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Map

Source: State-Wide MLS

MLS Number: 1227548

State-Wide MLS

APN: NARR-000064-I000000J-000002

Rhode Island Washington County Wakefield 02879

1159 Succotash Rd Unit B, Wakefield, RI

This home is located at 1159 Succotash Rd Unit B, Wakefield, RI 02879 since 24 June 2019 and is currently estimated at $1,896,460, approximately $527 per square foot. This property was built in 1950. 1159 Succotash Rd Unit B is a home located in Washington County with nearby schools including Narragansett Elementary School, Narragansett Pier Middle School, and Narragansett High School.

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