NOT LISTED FOR SALE

138 Lake Ave Wakefield, RI 02879

Estimated Value: $786,000 - $898,000

1 Bed
1 Bath
970 Sq Ft
$879/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $778,000 $802 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,001/month

8 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Contemporary Architecture
  • Water Views
  • Deck
  • Cathedral Ceiling

About This Home

As of November 2024

THIS BEAUTIFUL HOME SITS ON OVER A QUARTER OF AN ACRE AND IS JUST A FEW STREETS AWAY FROM SEGAR COVE AND MATUNUCK BEACH WITH EASY ACCESS TO THE HIGHWAY AND ALL AMENITIES INCLUDING GREAT RESTAURANTS AND SHOPPING. THE INTERIOR IS VERY UNIQUE WITH GLORIOUS HIGH VAULTED LIGHT WOOD CEILINGS THAT MAKE THE ENTIRE SPACE LIGHT, BRIGHT AND AIRY! ON THE FIRST LEVEL IS THE BEDROOM, BATHROOM, KITCHEN, DINING AREA, LIVING ROOM WITH A NEWER MARBLE GAS FIREPLACE FOR EXTRA HEAT AND AMBIANCE. ON THE SECOND STORY THE HIGH VAULTED LIGHT WOOD CEILINGS CONTINUE ALONG WITH A LARGE FLEX SPACE THAT WOULD MAKE A GREAT SECOND BEDROOM AND HAS IN-ROOM STORAGE! THE EXTERIOR HAS A BEAUTIFUL WOOD LOOK VINYL, SIX SPACE DRIVEWAY, A SHED AND A WRAP-AROUND TREX DECK! THIS PROPERTY WAS MAINTAINED WITH LOVING CARE AND HAS LOTS OF UPGRADES! COME ENJOY THIS LOVELY HOME YEAR-ROUND OR AS A SUMMER GET AWAY! THERE ARE SO MANY OPTIONS TO CHOOSE FROM!

Last Agent to Sell the Property

Kathleen Odell

Pam Hogan Homes LLC License #REB.0016966 Listed on: 09/30/2024

Last Buyer's Agent

Susan Rowles

Williams & Stuart Real Estate License #REC.0015036

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,498

Year Built

  • Built in 1984

Lot Details

  • 0.26 Acre Lot

Home Design

  • Contemporary Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 970 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Marble Fireplace
  • Gas Fireplace
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Outdoor Grill

Utilities

  • Central Air
  • Heating System Uses Propane
  • Baseboard Heating
  • Tankless Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 138LAKEAVSKNG

Community Details

Overview

  • Matunuck Subdivision

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,498

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Subdivision Name: MATUNUCK
  • Above Grade Finished Sq Ft: 970.0
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1984
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Gas, Marble
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 970.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Barbecue, Paved Driveway
  • Foundation Details: Concrete Perimeter
  • 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: Baseboard, Electric, Propane
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 11325.0
  • Parcel #: 138LAKEAVSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5498.0
  • Tax Lot: 94
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
Elliano John J and Elliano Sandra A
Bought by
Elliano Family Relt and Elliano
Current Estimated Value
$852,200

Purchase Details

Listed on
Sep 30, 2024
Closed on
Nov 7, 2024
Sold by
Patricia M Oconnor Irt and Hendricks
Bought by
Elliano John J and Elliano Sandra A
Seller's Agent
Kathleen Odell
Pam Hogan Homes LLC
Buyer's Agent
Susan Rowles
Williams & Stuart Real Estate
List Price
$776,000
Sold Price
$778,000
Premium/Discount to List
$2,000
0.26%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%
Original Mortgage
$544,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2024
Sold by
Oconnor Patricia
Bought by
Patricia M Oconnor Irt and Hendricks

Purchase Details

Closed on
Jan 29, 1975
Bought by
Oconnor Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Elliano Family Relt -- None Available
Elliano Family Relt -- None Available
Elliano John J $778,000 None Available
Elliano John J $778,000 None Available
Elliano John J $778,000 None Available
Patricia M Oconnor Irt -- None Available
Patricia M Oconnor Irt -- None Available
Patricia M Oconnor Irt -- None Available
Oconnor Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elliano John J $544,600
Previous Owner Oconnor Patricia $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2024 11/07/24 Sold $778,000 +0.3% $802 / Sq Ft
10/08/2024 10/08/24 Pending -- -- --
09/30/2024 09/30/24 For Sale $776,000 -- $800 / 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 $6,171 $690,300 $448,800 $241,500
2024 $5,498 $497,600 $331,300 $166,300
2023 $5,498 $497,600 $331,300 $166,300
2022 $5,449 $497,600 $331,300 $166,300
2021 $5,611 $388,300 $270,200 $118,100
2020 $5,611 $388,300 $270,200 $118,100
2019 $5,611 $388,300 $270,200 $118,100
2018 $4,906 $312,900 $216,200 $96,700
2017 $4,790 $312,900 $216,200 $96,700
2016 $4,722 $312,900 $216,200 $96,700
2015 $4,743 $305,600 $207,400 $98,200
2014 $4,715 $304,600 $207,400 $97,200
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kathleen Odell

    Pam Hogan Homes LLC

    (401) 486-2832

    1 in this area

    15 Total Sales

    Kathleen Odell
    Section Image
  • Susan Rowles

    Buyer's Agent in 2024

    Susan Rowles

    Williams & Stuart Real Estate

    (401) 640-8582

    2 in this area

    52 Total Sales

    Susan Rowles
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1367710

State-Wide MLS

APN: SKIN-008603-000000-000094

Rhode Island Washington County Wakefield 02879

138 Lake Ave, Wakefield, RI

Not Listed for Sale

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