NOT LISTED FOR SALE

120 Bittersweet Farm Way South Kingstown, RI 02879

Estimated Value: $2,332,042

6 Beds
4.5 Baths
4,415 Sq Ft
$528/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $1,680,000 $381 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $14,463/month

58 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Stables
  • Guest House
  • Barn
  • 27.67 Acre Lot

About This Home

As of April 2021

Welcome 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

John Krekorian

RE/MAX FLAGSHIP, INC. License #RES.0024980 Listed on: 01/04/2021

RE/MAX FLAGSHIP, INC.

Last Buyer's Agent

David Mancini

BHHS Commonwealth Real Estate License #RES.0041045

BHHS  Commonwealth Real Estate

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,873

Year Built

Built in 1902

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 27.6681
  • Above Grade Finished Sq Ft: 4415.0
  • Architectural Style: Cabin/Cottage, Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1902
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Electric Water Heater, Oil Water Heater, Refrigerator, Range Hood, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Interior Amenities: Attic, Bathtub, Skylights, Tub Shower, Cable TV
  • Living Area: 4415.0
  • Dining Room Type: Storage Room, Utility Room, Workshop
  • Stories: 2
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Private, Secluded, Wooded
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Barn(s), Guest House, Outbuilding

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 15.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Propane, Oil, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Recreation Area, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Horse Amenities: Horses Allowed, Stable(s)
  • Land Lease: No
  • Lot Size Sq Ft: 1205224.0
  • Parcel #: 120BITTERSWEETFARMWYSKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 12873.0
  • Tax Lot: 6
  • Tax Year: 2020

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
$2,332,042

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
Source: Public Records

Similar Homes in the area

  • 200 Pond St Unit A, Wakefield, RI 02879

    $2,399,000

    • 7 Beds
    • 4 Baths
    • 5,552 Sq Ft
    • 200 Pond St
    • Unit A
    • Wakefield, RI

    A truly rare offering in downtown Wakefield 200 Pond Street features three separate homes nestled on over 10.64 acres of private, saltwater-front land along the Saugatucket River, which flows out to point Judith Pond. Ideal for clamming, fishing and boating. Whether you're looking for a multi-generational retreat, income potential, or simply room to spread out, this property checks every box. The

    Ryan Hazinakis Keller Williams Coastal

    Section Image
  • 6 MacAlder St, Narragansett, RI 02879

    $1,799,500

    • 6 Beds
    • 4 Baths
    • 4,240 Sq Ft
    • 6 MacAlder St
    • Narragansett, RI

    Coastal opportunity in the highly desired beachside community of Jerusalem, Narragansett. Discover one of the most sought after coastal living areas in Southern RI with this two unit multi-family property that is just steps from the nearly mile-long East Matunuck Beach. Each unit features updated kitchen and bathrooms, complete with primary en-suites, separate and private covered porches and a

    Jason Vickers Lila Delman Compass

    Section Image
  • 61 Slope Ave, South Kingstown, RI 02879

    $2,590,000

    • 6 Beds
    • 4.5 Baths
    • 4,000 Sq Ft
    • 61 Slope Ave
    • South Kingstown, RI

    Don't miss out on this magnificent custom built, 4000 sq ft, 6 bdrm, 4 full 1 1/2 half bath Gambrel style house with a huge wrap around covered porch. As you enter this first floor open concept home, you will notice the stunning trim work of wainscoting and coffered ceiling in the great room with custom dry bar. A beautiful gourmet kitchen awaits the new chef of this home with granite countertops

    Debra Schlachter-Hall Switz Real Estate Associates

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
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 Mcnulty John J $250,000
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

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 $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

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1272632

State-Wide MLS

APN: SKIN-000055-000000-000006