NOT LISTED FOR SALE

1176 Succotash Rd Wakefield, RI 02879

Estimated Value: $1,235,000 - $1,909,000

2 Beds
1 Bath
1,500 Sq Ft
$941/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $625,000 $417 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $8,128/month

98 Days on Market

Highlights

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

About This Home

As of March 2019

Jerusalem summer/year round home directly across from private sandy beach, marinas and restaurants. 2 bedrooms with large upstairs for entertaining and additional guest space and sleeping area. Large 2nd floor deck overlooks the channel and marinas. Awesome views of salt pond, marina, ferry and fishing fleet as well as recreational boat traffic. Idyllic summer setting and lifestyle. Rare large lot in Jerusalem's private Kenyon Association which include 2 beaches, additional parking and access to Jerusalem's private beach for surfing, fishing, boogie boarding and just plain beach stuff. Walking distance to all neighborhood amenities and famous restaurants. Even a walk-to doggie beach for dog lovers! Whether you're looking for a getaway, year round or investment/Airbnb home this property has what it takes. You just need to come and visit and fall in love with one of the best beach villages in Rhode Island.

Last Agent to Sell the Property

John Krekorian

RE/MAX FLAGSHIP, INC. License #RES.0024980 Listed on: 11/09/2018

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

Christina Rescia

William Raveis Inspire License #REB.0016454

William Raveis Inspire

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,453

Year Built

  • Built in 1930

Lot Details

  • 5,492 Sq Ft Lot
  • Property is zoned R-10

HOA Fees

  • $23 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Pillar, Post or Pier Foundation
  • Block Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • Thermal Windows
  • Water Views
  • Unfinished Basement
  • Crawl Space
  • Attic

Kitchen

  • Oven
  • Range
  • Trash Compactor

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Deck

Utilities

  • Humidifier
  • Forced Air Heating System
  • Heating System Uses Propane
  • Baseboard Heating
  • Underground Utilities
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 1176SUCCOTASHRDNARR

Community Details

Overview

  • Jerusalem Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,453

Year Built

Built in 1930

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1261
  • Subdivision Name: Jerusalem
  • Above Grade Finished Sq Ft: 1500.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1930
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Oven, Range, Refrigerator, Trash Compactor, Washer, Humidifier
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Laminate
  • Interior Amenities: Attic, Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 1500.0
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Exterior Features: Deck
  • Foundation Details: Block, Pillar/Post/Pier
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Forced Air, Propane
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Utilities: Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Marina, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5492.0
  • Parcel #: 1176SUCCOTASHRDNARR
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6453.0
  • Tax Lot: 11
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 1, 2019
Sold by
Miller James K and Miller Beverly A
Bought by
Blue Melinda J
Seller's Agent
John Krekorian
RE/MAX FLAGSHIP, INC.
Buyer's Agent
Christina Rescia
William Raveis Inspire
List Price
$659,000
Sold Price
$625,000
Premium/Discount to List
-$34,000
-5.16%
Total Days on Market
98
Current Estimated Value
$1,411,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,598
Avg. Annual Appreciation
14.02%
Original Mortgage
$500,000
Outstanding Balance
$443,996
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$967,602

Purchase Details

Closed on
May 8, 1997
Sold by
Kenyon Association Inc
Bought by
Miller James K and Miller Beverly
Source: Public Records

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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
Blue Melinda J $625,000 --
Miller James K $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blue Melinda J $500,000
Previous Owner Miller James K $37,000
Previous Owner Miller James K $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $625,000 -5.2% $417 / Sq Ft
02/16/2019 02/16/19 Pending -- -- --
11/09/2018 11/09/18 For Sale $659,000 -- $439 / 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 $7,365 $1,124,500 $856,700 $267,800
2023 $6,447 $692,500 $532,900 $159,600
2022 $6,233 $692,500 $532,900 $159,600
2021 $6,136 $692,500 $532,900 $159,600
2020 $6,797 $648,600 $484,500 $164,100
2019 $6,635 $648,600 $484,500 $164,100
2018 $6,664 $669,700 $484,500 $185,200
2017 $6,109 $578,500 $462,400 $116,100
2016 $5,831 $578,500 $462,400 $116,100
2015 $5,750 $578,500 $462,400 $116,100
2014 $4,838 $481,900 $361,300 $120,600
Source: Public Records

Agents Affiliated with this Home

  • John Krekorian

    Seller's Agent in 2019

    John Krekorian

    RE/MAX FLAGSHIP, INC.

    (401) 742-8339

    24 in this area

    92 Total Sales

    John Krekorian
    Section Image
  • Christina Rescia

    Buyer's Agent in 2019

    Christina Rescia

    William Raveis Inspire

    (401) 339-8833

    1 in this area

    24 Total Sales

    Christina Rescia
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1208746

State-Wide MLS

APN: NARR-000023-I000000J-000011

Rhode Island Washington County Wakefield 02879

1176 Succotash Rd, Wakefield, RI

This home is located at 1176 Succotash Rd, Wakefield, RI 02879 since 09 November 2018 and is currently estimated at $1,411,598, approximately $941 per square foot. This property was built in 1930. 1176 Succotash Rd 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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