NOT LISTED FOR SALE

149 Ocean Ave Wakefield, RI 02879

Estimated Value: $517,000 - $1,150,000

1 Bed
1.5 Baths
1,280 Sq Ft
$734/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $715,000 $559 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,017/month

137 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Deck
  • Marina
  • Water Access
  • Cathedral Ceiling

About This Home

As of October 2020

Oceanfront offering in Matunuck Point, with panoramic water views to Block Island, Galilee, Point Judith Lighthouse, Potter Pond, & beyond. This charming cottage is one of just a few homes on the ocean side of the street, and boasts an updated kitchen with stainless steel appliances, a new roof, ductless air conditioning, beachy laminate flooring, low flood insurance potential, and water views from every room. A spacious patio, deck, and balcony make wonderful destinations for reading, dining, or sunning oceanside. Located just steps from East Matunuck State Beach, Deep Hole (a popular spot for surfing, kite boarding, and fishing,) and a private bathing beach, opportunities for saltwater recreation are never far off. Bike to Carpenter's Farm Stand for fresh, local produce, or pick up sandwiches from Seaview Marketplace and have a picnic on the Town Beach. By night, catch dinner and a show at Theater By The Sea or some live music & dancing at The Ocean Mist. With the option to join the Matunuck Point Beach Club, there's more opportunity for community and camaraderie, as well as use of a boat launch on Potter Pond, kayak rack, basketball court, clubhouse, and much more. This waterfront home is a truly unique opportunity, in a quintessential and robust beach community.

Last Agent to Sell the Property

Kelly Holmes

Mott & Chace Sotheby's Intl. License #RES.0041620 Listed on: 05/15/2020

Mott & Chace Sotheby's Intl.

Co-Listed By

Jennifer Crellin

Mott & Chace Sotheby's Intl. License #RES.0041767

Last Buyer's Agent

Non-Mls Member

Non-Mls Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,842

Year Built

  • Built in 1950

Lot Details

  • 3,920 Sq Ft Lot
  • Beach Front
  • Property is zoned R20

Home Design

  • Cottage
  • Fixer Upper
  • Pillar, Post or Pier Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 1,280 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Water Views
  • Unfinished Basement
  • Crawl Space

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

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

Listing and Financial Details

  • Tax Lot 158
  • Assessor Parcel Number 149OCEANAVSKNG

Community Details

Overview

  • Matunuck Point Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,842

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: MOCH03
  • Co List Office Phone: 401-789-8899
  • Subdivision Name: Matunuck Point
  • Above Grade Finished Sq Ft: 1280.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Crawl Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Vinyl
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower
  • Living Area: 1280.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Ocean Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Porch
  • Foundation Details: Pillar/Post/Pier
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Fixer

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 3920.0
  • Parcel #: 149OCEANAVSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 13842.0
  • Tax Lot: 158
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2012
Sold by
Derrico John V
Bought by
John Vincent Derrico S
Current Estimated Value
$961,668

Purchase Details

Closed on
Aug 20, 1971
Bought by
Derrico Johh Vincent
Source: Public Records
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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
John Vincent Derrico S -- --
Derrico Johh Vincent -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2020 10/30/20 Sold $715,000 -24.7% $559 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $949,000 -- $741 / 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 $279 $31,200 $31,200 $0
2024 $288 $26,100 $26,100 $0
2023 $288 $26,100 $26,100 $0
2022 $286 $26,100 $26,100 $0
2021 $308 $21,300 $21,300 $0
2020 $13,842 $957,900 $852,500 $105,400
2019 $13,842 $957,900 $852,500 $105,400
2018 $12,190 $777,400 $682,000 $95,400
2017 $11,902 $777,400 $682,000 $95,400
2016 $11,731 $777,400 $682,000 $95,400
2015 $11,668 $751,800 $654,600 $97,200
2014 $11,638 $751,800 $654,600 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1251561

State-Wide MLS

APN: SKIN-009301-000000-000158