Seller's Agent in 2021
John Krekorian
RE/MAX FLAGSHIP, INC.
(401) 742-8339
40 in this area
94 Total Sales
120 Bittersweet Farm Way South Kingstown, RI 02879
Estimated Value: $1,502,000 - $2,497,686
6
Beds
4.5
Baths
4,415
Sq Ft
$453/Sq Ft
Est. Value
Highlights
- Marina
- Golf Course Community
- Stables
- Guest House
- Barn
- 27.67 Acre Lot
About This Home
As of April 2021Welcome to Bittersweet Farm, a generational country estate since 1902, this renovated farmhouse is situated on 14.34 acres of cleared pasture and woods. The entrance is graced by the oldest and largest ash tree in RI, estimated to be over 400 years old. The farm's fields, riding trails and paddock make it ideally suited for equestrian and horticultural uses as well as a private summer or year-round escape from the big city. The main house was rebuilt in 2014 with all new mechanicals including a heating system with radiant heat on the entire first floor, new electrical, plumbing, kitchen and windows. This property has a legal guest cottage and a barn with another legal apartment and a rec room/studio/office. There is also a workshop and a Quonset-style 3 car garage. The main house is well laid out with generous rooms with hardwood, slate and pine flooring. The kitchen has all new cabinets, solid surface counters and SS appliances. It is filled with sunshine and overlooks a green rolling pasture and woods. Also on the main level is an ensuite master bedroom and huge family room with a brick wood-burning fireplace. This truly special property is surrounded by over 170 acres of conservation land affording privacy but also easy access to downtown Wakefield, shops, restaurants and our awesome sandy beaches, bike path, state parks and sanctuaries. Bittersweet Farm has it all and it's finally available after 65 years in the same family.
Last Agent to Sell the Property
RE/MAX FLAGSHIP, INC. License #RES.0024980 Listed on: 01/04/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,873
Year Built
- Built in 1902
Lot Details
- 27.67 Acre Lot
- Fenced
- Private Lot
- Secluded Lot
- Wooded Lot
- Property is zoned R80
Parking
- 3 Car Detached Garage
- Driveway
Home Design
- Colonial Architecture
- Cottage
- Stone Foundation
- Wood Siding
- Shingle Siding
- Concrete Perimeter Foundation
Interior Spaces
- 4,415 Sq Ft Home
- 2-Story Property
- Skylights
- Fireplace Features Masonry
- Workshop
- Storage Room
- Utility Room
- Attic
Kitchen
- Range Hood
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Horse Facilities and Amenities
- Horses Allowed On Property
- Stables
Utilities
- No Cooling
- Heating System Uses Oil
- Heating System Uses Propane
- Radiant Heating System
- Baseboard Heating
- 200+ Amp Service
- Power Generator
- Private Water Source
- Well
- Oil Water Heater
- Septic Tank
- Cable TV Available
Additional Features
- Outbuilding
- Guest House
- Property near a hospital
- Barn
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 120BITTERSWEETFARMWYSKNG
Community Details
Amenities
- Shops
Recreation
- Marina
- Golf Course Community
- Tennis Courts
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 31, 2020
Sold by
Mcnulty John J
Bought by
Saltbox Llc
Current Estimated Value
Purchase Details
Closed on
Sep 10, 2007
Sold by
Faith C Martin T
Bought by
Whitney Thomas Hp and Mcnulty John J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Saltbox Llc | $1,680,000 | None Available | |
| Whitney Thomas Hp | $1,300,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Whitney Thomas Hp | $650,000 | |
| Previous Owner | Whitney Thomas Hp | $900,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2021 04/02/21 | Sold | $1,680,000 | +34.4% | $381 / Sq Ft |
| 03/03/2021 03/03/21 | Pending | -- | -- | -- |
| 01/04/2021 01/04/21 | For Sale | $1,250,000 | -- | $283 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $18,488 | $2,068,000 | $771,700 | $1,296,300 |
| 2024 | $17,666 | $1,598,700 | $661,500 | $937,200 |
| 2023 | $17,666 | $1,598,700 | $661,500 | $937,200 |
| 2022 | $17,506 | $1,598,700 | $661,500 | $937,200 |
| 2021 | $11,863 | $821,000 | $348,100 | $472,900 |
| 2020 | $11,863 | $821,000 | $348,100 | $472,900 |
| 2019 | $11,863 | $821,000 | $348,100 | $472,900 |
| 2018 | $12,760 | $813,800 | $461,000 | $352,800 |
| 2017 | $12,459 | $813,800 | $461,000 | $352,800 |
| 2016 | $12,280 | $813,800 | $461,000 | $352,800 |
| 2015 | $12,028 | $775,000 | $433,100 | $341,900 |
| 2014 | $10,447 | $674,900 | $433,100 | $241,800 |
Source: Public Records
Agents Affiliated with this Home
-
John Krekorian
-
David Mancini
Buyer's Agent in 2021
David Mancini
BHHS Commonwealth Real Estate
(401) 741-7216
3 in this area
58 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1272632
APN: SKIN-000055-000000-000006
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