NOT LISTED FOR SALE

1945 Matunuck School House Rd Wakefield, RI 02879

Estimated Value: $598,000 - $766,000

3 Beds
1.5 Baths
2,364 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 02, 2018

Last sale price $315,450 $133 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,831/month

32 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Wood Burning Stove
  • Water Access
  • Deck
  • Wood Flooring

About This Home

As of July 2018

This spacious house is ready for you to make your own. This could be your summer getaway or your full time home. The lot is larger than average for the neighborhood at almost a half an acre. A deck, patio and screened outdoor room make for time outdoors with friends and family. The neighborhood is Ocean Ridge which is close to South County beaches and membership in ORCA (Ocean Ridge Civic Association) is very reasonable and grants access to Green Hill Pond for kayaking and use of the association facilities there including the pavilion for parties. Get on the waiting list for a mooring or a slip.

Last Agent to Sell the Property

Brian McDonald

Compass License #RES.0040300 Listed on: 04/30/2018

Compass

Last Buyer's Agent

Jennifer Crellin

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

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 1975

Lot Details

  • 0.46 Acre Lot
  • Property is zoned R-30

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Cape Cod Architecture
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 2-Story Property
  • Wood Burning Stove
  • Workshop
  • Utility Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Partially Finished Basement

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

Parking

  • 6 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Mooring
  • Deck
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 136
  • Assessor Parcel Number 1945MATUNUCKSCHOOLHOUSERDSKNG

Community Details

Overview

  • Ocean Ridge Subdivision

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,805

Year Built

Built in 1975

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.46
  • Subdivision Name: Ocean Ridge
  • Above Grade Finished Sq Ft: 1548.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 816.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Cable TV, Wood Burning Stove
  • Living Area: 2364.0
  • Dining Room Type: Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Mooring, Water Access
  • Construction Type: Drywall, Clapboard
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio, Porch, Screened

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric, Other
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Near Schools, Recreation Area
  • Senior Community: No
  • Association Fee: 55.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20038.0
  • Parcel #: 1945MATUNUCKSCHOOLHOUSERDSKNG
  • Zoning: R-30
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3805.0
  • Tax Lot: 136
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jul 2, 2018
Sold by
Iwon Lise M
Bought by
Galyon Robert W
Seller's Agent
Brian McDonald
Compass
Buyer's Agent
Jennifer Crellin
Mott & Chace Sotheby's Intl.
List Price
$335,000
Sold Price
$315,450
Premium/Discount to List
-$19,550
-5.84%
Current Estimated Value
$655,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,965
Avg. Annual Appreciation
10.40%
Original Mortgage
$256,000
Outstanding Balance
$222,353
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,062

Purchase Details

Closed on
Oct 10, 1996
Sold by
Kloss Richard S
Bought by
Lawrence Margaret A and Iwon Lise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
8.06%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Galyon Robert W $320,000 --
Lawrence Margaret A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Margaret A $256,000
Previous Owner Lawrence Margaret A $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2018 07/02/18 Sold $315,450 -5.8% $133 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $335,000 -- $142 / 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 $4,667 $522,000 $253,100 $268,900
2024 $4,264 $385,900 $187,800 $198,100
2023 $4,264 $385,900 $187,800 $198,100
2022 $4,216 $385,000 $187,800 $197,200
2021 $4,104 $284,000 $134,100 $149,900
2020 $4,104 $284,000 $134,100 $149,900
2019 $4,104 $284,000 $134,100 $149,900
2018 $3,896 $248,500 $128,200 $120,300
2017 $3,805 $248,500 $128,200 $120,300
2016 $3,750 $248,500 $128,200 $120,300
2015 $3,664 $236,100 $116,600 $119,500
2014 $3,655 $236,100 $116,600 $119,500
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Brian McDonald

    Compass

    (401) 258-9814

    7 in this area

    16 Total Sales

    Brian McDonald
    Section Image
  • Jennifer Crellin

    Buyer's Agent in 2018

    Jennifer Crellin

    Mott & Chace Sotheby's Intl.

    (401) 338-5188

    26 Total Sales

    Jennifer Crellin
    Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1188619

State-Wide MLS

APN: SKIN-008303-000000-000133

Rhode Island Washington County Wakefield 02879

1945 Matunuck School House Rd, Wakefield, RI

Not Listed for Sale

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.

State-Wide MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Copyright © 2025 State-Wide MLS, Inc. All rights reserved.

Nearby Homes