NOT LISTED FOR SALE

1885 Matunuck School House Rd Wakefield, RI 02879

Estimated Value: $444,000 - $679,000

2 Beds
1 Bath
960 Sq Ft
$568/Sq Ft Est. Value

Last Sold May 16, 2014

Last sale price $216,000 $225 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,221/month

30 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Game Room
  • Beach Access
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2014

All the amenities of Ocean Ridge with this 2 Bedroom home located between Green Hill and Charlestown Beaches. Hardwood floors,open floor plan,cathedral ceiling and finished bonus room in bsmt. Half acre lot.Great first time,retirement or investment!

Last Agent to Sell the Property

Cathy Lathrop

WATERFRONT PROPERTIES License #REB.0018352 Listed on: 03/16/2014

Last Buyer's Agent

Anne Fox

Keller Williams Coastal License #REB.0018269

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,119

Year Built

  • Built in 1975

Lot Details

  • 0.5 Acre Lot
  • Property is zoned R30

Home Design

  • Cottage
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Skylights
  • Game Room
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Beach Access
  • Walking Distance to Water

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Baseboard Heating
  • 100 Amp Service
  • Water Heater Leased
  • Septic Tank

Listing and Financial Details

  • Tax Lot 126
  • Assessor Parcel Number 1885MATUNUCKSCHOOLHOUSERDSKNG

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Additional Features

  • Ocean Ridge Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,119

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Subdivision Name: OCEAN RIDGE
  • Above Grade Finished Sq Ft: 816.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Water Heater, Oven, Range, Refrigerator, Water Heater Rented, Washer
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 144.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Skylights
  • Living Area: 960.0
  • Dining Room Type: Game Room, Laundry, Storage Room, Utility Room
  • Stories: 1
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Access, Walk to Water
  • Construction Type: Wood Siding

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 21780.0
  • Parcel #: 1885MATUNUCKSCHOOLHOUSERDSKNG
  • Zoning: R30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3119.0
  • Tax Lot: 126
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2014
Closed on
May 16, 2014
Sold by
Simmons Theodore P and Simmons Barbara M
Bought by
Heverling Paula M
Seller's Agent
Cathy Lathrop
WATERFRONT PROPERTIES
Buyer's Agent
Anne Fox
Keller Williams Coastal
List Price
$225,000
Sold Price
$216,000
Premium/Discount to List
-$9,000
-4%
Current Estimated Value
$545,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,088
Avg. Annual Appreciation
8.47%
Original Mortgage
$172,800
Outstanding Balance
$132,136
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$412,952

Purchase Details

Closed on
Dec 1, 1993
Sold by
Wings Financial Market
Bought by
Simmons Theodore P and Simmons Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
6.69%
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
Heverling Paula M $216,000 --
Simmons Theodore P $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simmons Theodore P $172,800
Previous Owner Simmons Theodore P $89,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2014 05/16/14 Sold $216,000 -4.0% $225 / Sq Ft
04/16/2014 04/16/14 Pending -- -- --
03/16/2014 03/16/14 For Sale $225,000 -- $234 / 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 $3,822 $427,500 $255,500 $172,000
2024 $3,607 $326,400 $189,700 $136,700
2023 $3,607 $326,400 $189,700 $136,700
2022 $3,574 $326,400 $189,700 $136,700
2021 $3,380 $233,900 $135,500 $98,400
2020 $3,380 $233,900 $135,500 $98,400
2019 $3,380 $233,900 $135,500 $98,400
2018 $3,356 $214,000 $129,600 $84,400
2017 $3,276 $214,000 $129,600 $84,400
2016 $3,229 $214,000 $129,600 $84,400
2015 $3,129 $201,600 $117,800 $83,800
2014 $3,121 $201,600 $117,800 $83,800
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    Cathy Lathrop

    WATERFRONT PROPERTIES

    (401) 742-1618

    13 Total Sales

    Cathy Lathrop
    Section Image
  • Anne Fox

    Buyer's Agent in 2014

    Anne Fox

    Keller Williams Coastal

    (401) 741-3963

    11 in this area

    70 Total Sales

    Anne Fox
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1062229

State-Wide MLS

APN: SKIN-008303-000000-000126

Rhode Island Washington County Wakefield 02879

1885 Matunuck School House Rd, Wakefield, RI

This home is located at 1885 Matunuck School House Rd, Wakefield, RI 02879 since 16 March 2014 and is currently estimated at $545,088, approximately $567 per square foot. This property was built in 1975. 1885 Matunuck School House Rd is a home located in Washington County with nearby schools including South Kingstown High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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