NOT LISTED FOR SALE

120 Ocean Ave Wakefield, RI 02879

Estimated Value: $1,434,000 - $1,969,000

2 Beds
1 Bath
1,170 Sq Ft
$1,359/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $660,000 $564 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $9,327/month

430 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Spa
  • Marina
  • Water Access
  • Deck

About This Home

As of May 2013

EXQUSITE DETAILS HIGHLIGHT THIS SALTWATER FRONT HOME. FLAWLESS CRAFTSMANSHIP THROUGHOUT. STONE FIREPLACES, PONDEROSA PINE DOORS AND WOOD FLOORS, MARBLE TILE/COUNTER, WHIRLPOOL TUB IN THE BATH. PRIVATE DOCK ON POTTER POND. OCEAN VIEWS FROM EVERY ROOM.

Last Agent to Sell the Property

Paul Robinson

Compass License #RES.0034849 Listed on: 02/25/2012

Compass

Last Buyer's Agent

Chuck Cummiskey

South Point Realty Group, LLC License #REB.0016231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,899

Year Built

  • Built in 1952

Lot Details

  • 0.35 Acre Lot
  • Beach Front
  • Fenced
  • Property is zoned R20

Home Design

  • Contemporary Architecture
  • Shingle Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • 2 Fireplaces
  • Stone Fireplace
  • Thermal Windows
  • Water Views
  • Partial Basement

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Spa
  • Water Access
  • Walking Distance to Water
  • Deck

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • 200+ Amp Service
  • Electric Water Heater
  • Cesspool
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 141
  • Assessor Parcel Number 120OCEANAVSKNG

Community Details

Overview

  • Matunuck Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,899

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3501
  • Subdivision Name: MATUNUCK POINT
  • Above Grade Finished Sq Ft: 1170.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1952
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Partial
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Marble
  • Interior Amenities: Bathroom Rough-In, Cedar Closet(s), Cathedral Ceiling(s), Cable TV
  • Living Area: 1170.0
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Front, Dock Access, Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding
  • Exterior Features: Deck
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Forced Air, Heat Pump
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Cesspool
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 15250.0
  • Parcel #: 120OCEANAVSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8899.0
  • Tax Lot: 141
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2013
Sold by
Aec Eat Ltd
Bought by
Jones Gregory
Current Estimated Value
$1,590,217

Purchase Details

Listed on
Feb 25, 2012
Closed on
May 31, 2013
Sold by
Rossi Annette M
Bought by
Aec Eat Ltd
Seller's Agent
Paul Robinson
Compass
Buyer's Agent
Chuck Cummiskey
South Point Realty Group, LLC
List Price
$980,000
Sold Price
$660,000
Premium/Discount to List
-$320,000
-32.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.37%
Source: Public Records

Range of Values:

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List Price
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
Jones Gregory $873,367 --
Aec Eat Ltd $660,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $660,000 -32.7% $564 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
02/25/2012 02/25/12 For Sale $980,000 -- $838 / 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
2025 $10,746 $1,202,000 $931,700 $270,300
2024 $11,446 $1,035,800 $781,200 $254,600
2023 $11,446 $1,035,800 $781,200 $254,600
2022 $11,342 $1,035,800 $781,200 $254,600
2021 $11,933 $825,800 $637,100 $188,700
2020 $11,933 $825,800 $637,100 $188,700
2019 $11,933 $825,800 $637,100 $188,700
2018 $10,421 $664,600 $509,800 $154,800
2017 $10,175 $664,600 $509,800 $154,800
2016 $10,029 $664,600 $509,800 $154,800
2015 $9,098 $586,200 $440,000 $146,200
2014 $9,074 $586,200 $440,000 $146,200
Source: Public Records

Agents Affiliated with this Home

  • Paul Robinson

    Seller's Agent in 2013

    Paul Robinson

    Compass

    (401) 207-5768

    9 in this area

    18 Total Sales

    Paul Robinson
    Section Image
  • Chuck Cummiskey

    Buyer's Agent in 2013

    Chuck Cummiskey

    South Point Realty Group, LLC

    (401) 932-7777

    3 in this area

    5 Total Sales

    Chuck Cummiskey
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1011016

State-Wide MLS

APN: SKIN-009301-000000-000141

Rhode Island Washington County Wakefield 02879

120 Ocean Ave, Wakefield, RI

This home is located at 120 Ocean Ave, Wakefield, RI 02879 since 25 February 2012 and is currently estimated at $1,590,217, approximately $1,359 per square foot. This property was built in 1952. 120 Ocean Ave is a home located in Washington County with nearby schools including South Kingstown High School.

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