NOT LISTED FOR SALE

147 Hemlock Rd Wakefield, RI 02879

Estimated Value: $527,000 - $682,000

3 Beds
2 Baths
1,196 Sq Ft
$496/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $410,000 $343 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,577/month

29 Days on Market

Highlights

  • Marina
  • Water Access
  • Cathedral Ceiling
  • Golf Course Community
  • Deck
  • Attic

About This Home

As of September 2020

Great opportunity to own a home in the sought after Ocean Ridge Association which gives owners access to Green Hill Pond for boating, kayaking, and a private beach on the pond, a club house and a beach pavillon. This comfortable and spacious 3 bedrooms, 2 baths ranch offers an open living area with cathedral ceiling opening unto the deck which connects to a custom stone patio with fire pit. It sits on a 15000 square feet professionally landscaped lot with plenty of room for summer games or relaxing after a day at the beach. Recent improvements include ductless air conditioning/supplemental heat, a shed for storage of lawn equipment and beach accessories and a newer roof with architectural shingles. It also has a full basement and an outdoor shower to rinse off the sand and salt from the Sea. Located between Westerly and Narragansett, it is the perfect place to explore everything South County has to offer from the Mansions of Newport to the charming village of Watch Hill as well as wildlife refuges, hiking trails, great seafood, many restaurants and miles of beautiful sandy beaches, Perfect summer home, year-round or investment property.

Last Agent to Sell the Property

Josiane Schieldrop

WATERFRONT PROPERTIES License #RES.0015876 Listed on: 07/30/2020

Last Buyer's Agent

Josiane Schieldrop

WATERFRONT PROPERTIES License #RES.0015876 Listed on: 07/30/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R-30

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,196 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Thermal Windows
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Deck
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Zoned Heating
  • Baseboard Heating
  • 200+ Amp Service
  • Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 184
  • Assessor Parcel Number 147HEMLOCKRDSKNG

Community Details

Recreation

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

Additional Features

  • Ocean Ridge Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.3434
  • Subdivision Name: Ocean Ridge
  • Above Grade Finished Sq Ft: 1196.0
  • Architectural Style: Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1990
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Tub Shower
  • Living Area: 1196.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Water Access
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Ductless
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Zoned
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14960.0
  • Parcel #: 147HEMLOCKRDSKNG
  • Zoning: R-30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4272.0
  • Tax Lot: 184
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2021
Sold by
Salt Pond Estates Inc
Bought by
Price Matthew and Price Carla M
Current Estimated Value
$592,787

Purchase Details

Listed on
Jul 30, 2020
Closed on
Oct 31, 2020
Sold by
Colarusso John D and Colarusso Elaine M
Bought by
Colarusso Ft
Seller's Agent
Josiane Schieldrop
WATERFRONT PROPERTIES
Buyer's Agent
Josiane Schieldrop
WATERFRONT PROPERTIES
List Price
$409,000
Sold Price
$410,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$328,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2020
Closed on
Sep 23, 2020
Sold by
Swan Maria M
Bought by
Colarusso John D and Colarusso Elaine M
Seller's Agent
Josiane Schieldrop
WATERFRONT PROPERTIES
Buyer's Agent
Josiane Schieldrop
WATERFRONT PROPERTIES
List Price
$409,000
Sold Price
$410,000
Premium/Discount to List
$1,000
0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2011
Closed on
Jun 29, 2012
Sold by
Tokarz John A and Tokarz Peggy J
Bought by
Pangakis Maria M
Seller's Agent
Sandy Bliven
RE/MAX South County
Buyer's Agent
Josiane Schieldrop
WATERFRONT PROPERTIES
List Price
$279,000
Sold Price
$245,000
Premium/Discount to List
-$34,000
-12.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$196,000
Interest Rate
3.78%

Purchase Details

Closed on
Jan 10, 1994
Sold by
Ruberto David M and Ruberto Patricia
Bought by
Tokarz John A and Tokarz Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

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Average Value
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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
Price Matthew $350,000 None Available
Colarusso Ft -- None Available
Colarusso John D $410,000 None Available
Pangakis Maria M $245,000 --
Tokarz John A $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colarusso John D $328,000
Previous Owner Tokarz John A $21,800
Previous Owner Tokarz John A $196,000
Previous Owner Tokarz John A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $410,000 +0.2% $343 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
07/30/2020 07/30/20 For Sale $409,000 +66.9% $342 / Sq Ft
06/29/2012 06/29/12 Sold $245,000 -12.2% $205 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $279,000 -- $233 / 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 $5,223 $584,200 $312,100 $272,100
2024 $4,943 $447,300 $240,200 $207,100
2023 $4,943 $447,300 $240,200 $207,100
2022 $4,898 $447,300 $240,200 $207,100
2021 $4,273 $295,700 $146,800 $148,900
2020 $4,273 $295,700 $146,800 $148,900
2019 $4,273 $295,700 $146,800 $148,900
2018 $4,114 $262,400 $135,400 $127,000
2017 $4,017 $262,400 $135,400 $127,000
2016 $3,960 $262,400 $135,400 $127,000
2015 $3,851 $248,100 $123,200 $124,900
2014 $3,841 $248,100 $123,200 $124,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1260406

State-Wide MLS

APN: SKIN-008302-000000-000184