NOT LISTED FOR SALE

125 Prospect Rd Wakefield, RI 02879

Estimated Value: $1,823,000 - $2,380,000

4 Beds
3.5 Baths
2,992 Sq Ft
$682/Sq Ft Est. Value

Last Sold November 18, 2015

Last sale price $920,000 $307 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $12,069/month

452 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Colonial Architecture
  • Marina
  • 1.19 Acre Lot
  • Deck

About This Home

As of November 2015

Spectacular views from every room from this beautifully updated waterfront summer or yr round home on a huge lot w/ lawn to the water . MBR/full bath and den on main level. 2 huge decks overlook 250 ft of waterfront on Potters Pond. A Classic !!!

Last Agent to Sell the Property

John Krekorian

Flagship Real Estate Advisors License #RES.0024980 Listed on: 07/23/2014

Flagship Real Estate Advisors

Last Buyer's Agent

Greg Dantas

RI Real Estate Services License #REB.0017244

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 1938

Lot Details

  • 1.19 Acre Lot
  • Beach Front

Home Design

  • Colonial Architecture
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 3-Story Property
  • Central Vacuum
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Home Security

  • Storm Windows
  • Storm Doors

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 54
  • Assessor Parcel Number 125PROSPECTRDSKNG

Community Details

Overview

  • Matunuck Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,500

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.1938
  • Subdivision Name: MATUNUCK
  • Above Grade Finished Sq Ft: 2192.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1938
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Oven, Oil Water Heater, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 800.0
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Central Vacuum, Cable TV
  • Living Area: 2992.0
  • Dining Room Type: Bathroom, Bedroom, Kitchen, Storage Room, Utility Room
  • Stories: 3
  • Window Features: Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Multiple lots
  • Waterfront Features: Beach Front
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: See Remarks
  • Patio And Porch Features: Deck, Patio

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • 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

  • Land Lease: No
  • Lot Size Sq Ft: 52000.0
  • Parcel #: 125PROSPECTRDSKNG
  • Zoning: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 8500.0
  • Tax Lot: 54
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Nov 18, 2015
Sold by
Clasby Gabrielle P
Bought by
Brien Donald
Seller's Agent
John Krekorian
Flagship Real Estate Advisors
Buyer's Agent
Greg Dantas
RI Real Estate Services
List Price
$1,159,000
Sold Price
$920,000
Premium/Discount to List
-$239,000
-20.62%
Current Estimated Value
$2,039,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,119,305
Avg. Annual Appreciation
8.39%
Original Mortgage
$650,000
Outstanding Balance
$511,256
Interest Rate
3.79%
Estimated Equity
$1,528,049

Purchase Details

Closed on
Oct 8, 1998
Sold by
Lindstrom Robert L and Lindstrom Marilyn L
Bought by
Clasby John J and Clasby Gabrielle P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.92%
Source: Public Records

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
Brien Donald $920,000 --
Clasby John J $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clasby John J $650,000
Previous Owner Clasby John J $166,000
Previous Owner Clasby John J $167,000
Previous Owner Clasby John J $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2015 11/18/15 Sold $920,000 -20.6% $307 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
07/23/2014 07/23/14 For Sale $1,159,000 -- $387 / 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 $14,566 $1,629,300 $957,800 $671,500
2024 $15,172 $1,373,000 $804,100 $568,900
2023 $15,172 $1,373,000 $804,100 $568,900
2022 $15,034 $1,373,000 $804,100 $568,900
2021 $15,555 $1,076,500 $655,900 $420,600
2020 $15,555 $1,076,500 $655,900 $420,600
2019 $15,555 $1,076,500 $655,900 $420,600
2018 $14,107 $899,700 $524,600 $375,100
2017 $10,764 $703,100 $524,600 $178,500
2016 $11,253 $745,700 $524,600 $221,100
2015 $9,444 $608,500 $504,100 $104,400
2014 $9,420 $608,500 $504,100 $104,400
Source: Public Records

Agents Affiliated with this Home

  • John Krekorian

    Seller's Agent in 2015

    John Krekorian

    Flagship Real Estate Advisors

    (401) 742-8339

    40 in this area

    93 Total Sales

    John Krekorian
    Section Image
  • Greg Dantas

    Buyer's Agent in 2015

    Greg Dantas

    RI Real Estate Services

    (401) 742-3329

    2 in this area

    132 Total Sales

    Greg Dantas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1074332

State-Wide MLS

APN: SKIN-009301-000000-000054

Rhode Island Washington County Wakefield 02879

125 Prospect Rd, Wakefield, RI

This home is located at 125 Prospect Rd, Wakefield, RI 02879 since 23 July 2014 and is currently estimated at $2,039,305, approximately $681 per square foot. This property was built in 1938. 125 Prospect Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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