NOT LISTED FOR SALE

2 Hazard St Wakefield, RI 02879

Estimated Value: $812,000 - $969,000

6 Beds
4 Baths
2,604 Sq Ft
$346/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $760,000 $292 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,226/month

40 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Deck
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of May 2024

Fantastic opportunity to own a low maintenance, two family in the heart of Downtown Wakefield. Each unit has 3 bedrooms and 2 full baths, a large living room, kitchen and dining area and a full basement. Each side has their own parking. One side has a private deck and the other has a patio. The quarter acre lot has plenty of room for your outdoor activities. This duplex was gutted to the studs and rebuilt 20 years ago. Enjoy the charm of the old building without the worry. Rents are well below market rate as they are long term tenants. Beautiful quiet area just off of Main Street. Walk to Belmont Market, Brickley's and All That Matters. A large 420 square foot garage/barn has room for 2 cars as well as a workshop area or just use it for a large storage area for tenants. Rent both sides or live in one side and rent the other to offset your mortgage.

Last Agent to Sell the Property

Mary Ann Lisi

Residential Properties Ltd. License #RES.0027396 Listed on: 03/21/2024

Residential Properties Ltd.

Last Buyer's Agent

Joe Fitzpatrick

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,334

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Stone Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Utility Room
  • Laundry in unit
  • Storm Doors

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Outdoor Features

  • Deck
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • Oil Water Heater

Listing and Financial Details

  • Tax Lot 164
  • Assessor Parcel Number 2HAZARDSTSKNG

Community Details

Overview

  • 2 Units
  • Downtown Wakefield Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Building Details

  • Operating Expense $9,686

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,334

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.22
  • Inclusions: SUBJECT TO OWNERS FINDING SUITABLE HOUSING
  • Subdivision Name: Downtown Wakefield
  • Above Grade Finished Sq Ft: 2604.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Electric Water Heater, Oven, Oil Water Heater, Range, Refrigerator
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Tub Shower
  • Dining Room Type: Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 9.0

Utilities

  • Laundry Features: In Unit
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Connected, Multiple Meters

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9583.0
  • Parcel #: 2HAZARDSTSKNG
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 9686.0

Tax Info

  • Tax Annual Amount: 4334.0
  • Tax Lot: 164
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 8, 2024
Sold by
Mccann John and Loizzo Nancy F
Bought by
Breaux Eugene M and Breaux Clara V
Seller's Agent
Mary Ann Lisi
Residential Properties Ltd.
Buyer's Agent
Joe Fitzpatrick
RE/MAX Results
List Price
$799,000
Sold Price
$760,000
Premium/Discount to List
-$39,000
-4.88%
Views
105
Current Estimated Value
$900,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,015
Avg. Annual Appreciation
10.72%
Original Mortgage
$776,340
Outstanding Balance
$765,266
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$134,749

Purchase Details

Closed on
Nov 8, 1999
Sold by
Walsh Edward F M and Walsh Beverly A
Bought by
Mccann John and Loizzo Nancy F
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
Breaux Eugene M $760,000 None Available
Breaux Eugene M $760,000 None Available
Mccann John $95,000 --
Mccann John $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Breaux Eugene M $776,340
Closed Breaux Eugene M $776,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2024 05/08/24 Sold $760,000 +1.5% $292 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $749,000 -6.3% $288 / Sq Ft
03/21/2024 03/21/24 For Sale $799,000 -- $307 / 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 $6,237 $697,600 $160,600 $537,000
2024 $5,194 $470,000 $123,500 $346,500
2023 $4,335 $392,300 $123,500 $268,800
2022 $4,296 $392,300 $123,500 $268,800
2021 $4,362 $301,900 $107,400 $194,500
2020 $4,362 $301,900 $107,400 $194,500
2019 $4,362 $301,900 $107,400 $194,500
2018 $4,183 $266,800 $100,000 $166,800
2017 $4,085 $266,800 $100,000 $166,800
2016 $3,913 $259,300 $100,000 $159,300
2015 $4,108 $264,700 $97,700 $167,000
2014 $4,098 $264,700 $97,700 $167,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1354875

State-Wide MLS

APN: SKIN-005701-000000-000164