Seller's Agent in 2019
ANTHONY LOMBARI
Residential Properties Ltd.
(401) 212-6126
15 in this area
25 Total Sales
172 Ocean Ave Wakefield, RI 02879
Estimated Value: $1,424,000 - $1,638,000
3
Beds
1.5
Baths
1,494
Sq Ft
$1,013/Sq Ft
Est. Value
Highlights
- Beach Front
- Cape Cod Architecture
- Wood Flooring
- Marina
- Deck
- Furnished
About This Home
As of July 2019Welcome to Matunuck Point and 360 degrees of water views! Located waterfront on Potter’s Pond, with the ocean on the other side, the panoramic views from every room in this quintessential seaside home are breathtaking. Sitting on an oversized lot, and a family home for decades, pride of ownership is evident in every nook and cranny of this meticulously maintained property. Being sold fully furnished, with brand new Cedar Impressions vinyl siding, a 9 year old roof, newer septic system, hurricane strength replacement windows, hot and cold outside shower, and a large storage shed with changing rooms, you'll enjoy many years of carefree and fun-filled waterfront living. A huge 480 square foot waterfront deck provides a spectacular entertainment area…or maybe just a quiet place to soak up the tranquility of the pond. If you can manage to tear yourself away, you’re a stone’s throw from restaurants, beaches, Theater by the Sea, and all that makes Matunuck the gem that it is. Or, if you prefer, simply toss a towel over your shoulder and take a 2 minute stroll to East Matunuck State Beach. Without question, this is a truly rare offering that just gets better. This property conveys with an unbuildable, 3920 sq. ft. oceanfront lot (Plat 93-1 Lot 154) directly across the street. Enjoy extra parking and guarantee generations of unobstructed and majestic ocean views all the way to Block Island. If you’ve ever doubted love at first sight, come and take a look.
Last Agent to Sell the Property
Residential Properties Ltd. License #RES.0030262 Listed on: 05/25/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,851
Year Built
- Built in 1934
Lot Details
- 0.36 Acre Lot
- Beach Front
- Property is zoned R20
HOA Fees
- $13 Monthly HOA Fees
Home Design
- Cape Cod Architecture
- Stone Foundation
- Vinyl Siding
Interior Spaces
- 1,494 Sq Ft Home
- 2-Story Property
- Furnished
- Stone Fireplace
- Thermal Windows
- Water Views
- Unfinished Basement
- Crawl Space
- Storm Doors
Kitchen
- Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Parking
- 6 Parking Spaces
- No Garage
Outdoor Features
- Walking Distance to Water
- Balcony
- Deck
Location
- Property near a hospital
Utilities
- No Cooling
- Baseboard Heating
- 200+ Amp Service
- Electric Water Heater
- Septic Tank
Listing and Financial Details
- Tax Lot 146
- Assessor Parcel Number 172OCEANAVSKNG
Community Details
Overview
- Matunuck Point Subdivision
Amenities
- Shops
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 25, 2019
Closed on
Jul 9, 2019
Sold by
Kenneth H Hedison Rt and Hedison
Bought by
Iemma Michael A and Iemma Kerrie L
Seller's Agent
ANTHONY LOMBARI
Residential Properties Ltd.
Buyer's Agent
Barrett Gross
RE/MAX Results
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,087
Avg. Annual Appreciation
3.62%
Original Mortgage
$1,200,000
Outstanding Balance
$1,041,578
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$471,128
Purchase Details
Listed on
May 25, 2019
Closed on
Jul 1, 2019
Sold by
Flynn Mary Lynn
Bought by
Iemma Michael and Iemma Kerrie
Seller's Agent
ANTHONY LOMBARI
Residential Properties Ltd.
Buyer's Agent
Barrett Gross
RE/MAX Results
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,041,578
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$471,128
Purchase Details
Listed on
May 25, 2019
Closed on
Jun 29, 2019
Sold by
David J Hedison T J and David Hedison
Bought by
Iemma Michael and Iemma Kerrie
Seller's Agent
ANTHONY LOMBARI
Residential Properties Ltd.
Buyer's Agent
Barrett Gross
RE/MAX Results
List Price
$1,295,000
Sold Price
$1,200,000
Premium/Discount to List
-$95,000
-7.34%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,041,578
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$471,128
Purchase Details
Closed on
Dec 30, 2010
Sold by
Hedison Kenneth Harry and Hedison Eric David
Bought by
Hedison Eric D and Hedison Kenneth H
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Iemma Michael A | $300,000 | -- | |
| Iemma Michael A | $300,000 | -- | |
| Iemma Michael | $300,000 | -- | |
| Iemma Michael | $300,000 | -- | |
| Hedison Eric D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Iemma Michael | $1,200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2019 07/09/19 | Sold | $1,200,000 | -7.3% | $803 / Sq Ft |
| 06/09/2019 06/09/19 | Pending | -- | -- | -- |
| 05/25/2019 05/25/19 | For Sale | $1,295,000 | -- | $867 / Sq Ft |
Source: State-Wide MLS
Tax History Compared to Growth
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 | $13,253 | $1,482,400 | $1,262,400 | $220,000 |
| 2024 | $13,685 | $1,238,500 | $1,059,100 | $179,400 |
| 2023 | $13,685 | $1,238,500 | $1,059,100 | $179,400 |
| 2022 | $13,562 | $1,238,500 | $1,059,100 | $179,400 |
| 2021 | $14,329 | $991,600 | $863,300 | $128,300 |
| 2020 | $14,279 | $988,200 | $863,300 | $124,900 |
| 2019 | $14,279 | $988,200 | $863,300 | $124,900 |
| 2018 | $12,450 | $794,000 | $690,600 | $103,400 |
| 2017 | $12,156 | $794,000 | $690,600 | $103,400 |
| 2016 | $11,981 | $794,000 | $690,600 | $103,400 |
| 2015 | $11,817 | $761,400 | $662,500 | $98,900 |
| 2014 | $11,786 | $761,400 | $662,500 | $98,900 |
Source: Public Records
Agents Affiliated with this Home
-
ANTHONY LOMBARI
-
Jo-Anne Feeney
Seller Co-Listing Agent in 2019
Jo-Anne Feeney
Residential Properties Ltd.
(401) 529-4111
15 in this area
25 Total Sales
-
Barrett Gross
Buyer's Agent in 2019
Barrett Gross
RE/MAX Results
(401) 932-3613
16 in this area
53 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1224539
APN: SKIN-009301-000000-000146
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