NOT LISTED FOR SALE

221 Narragansett Ave E Wakefield, RI 02879

Estimated Value: $696,000 - $931,000

4 Beds
3 Baths
2,770 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 24, 2023

Last sale price $622,000 $225 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,415/month

22 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Furnished
  • Solar Power System
  • Wood Flooring
  • Tennis Courts

About This Home

As of August 2023

A meticulously maintained and fully furnished four-bedroom cape home, nestled in a desirable Wakefield area, bordering Narragansett. This property features a newly updated kitchen with stainless steel appliances, solar panels which provide full electric power, one full and two half baths. There is a full finished basement with walk-out to the back yard, a family room, half bath and storage/workshop. Nice paved driveway leading to the back yard, both private and relaxing with a full sized tool shed. Uniquely located a short distance from Narragansett Pier, the William O'Connell bike path, University of RI, and Wakefield center. Whether you seek a strong investment opportunity or a year-round/summer residence, this home offers endless possibilities.

Last Agent to Sell the Property

Michael Sweeney

KEY Real Estate Services License #RES.0042114 Listed on: 07/19/2023

Last Buyer's Agent

Mary Ann Lisi

Residential Properties Ltd. License #RES.0027396

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1997

Lot Details

  • 0.53 Acre Lot
  • Property is zoned R-80

Home Design

  • Cape Cod Architecture
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Furnished
  • Family Room
  • Storage Room
  • Utility Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 6 Parking Spaces
  • No Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Oil
  • 100 Amp Service
  • Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Solar Power System
  • Walking Distance to Water
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 221NARRAGANSETTAVSKNG

Community Details

Amenities

  • Shops
  • Restaurant

Recreation

  • Marina
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,400

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Above Grade Finished Sq Ft: 1820.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Green Power: Solar
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Exhaust Fan, Microwave, Oven, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Full, Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 950.0
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower, Furnished, Cable TV
  • Living Area: 2770.0
  • Dining Room Type: Bathroom, Family Room, Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Oil, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 23086.0
  • Parcel #: 221NARRAGANSETTAVSKNG
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4400.0
  • Tax Lot: 1
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Aug 23, 2023
Sold by
Hall Lawerance D and Hall Mary E
Bought by
Shea Lori and Shea Brendan
Seller's Agent
Michael Sweeney
KEY Real Estate Services
Buyer's Agent
Mary Ann Lisi
Residential Properties Ltd.
List Price
$650,000
Sold Price
$622,000
Premium/Discount to List
-$28,000
-4.31%
Views
125
Current Estimated Value
$741,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,632
Avg. Annual Appreciation
9.68%

Purchase Details

Closed on
Feb 28, 2006
Sold by
Small Judith L
Bought by
Hall Lawrence D and Hall Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,200
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 1999
Sold by
Tjc Corp
Bought by
Dewey Judith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,100
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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
Shea Lori $622,000 None Available
Hall Lawrence D $338,000 --
Dewey Judith L $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewey Judith L $304,200
Previous Owner Dewey Judith L $157,250
Previous Owner Dewey Judith L $15,615
Previous Owner Dewey Judith L $107,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2023 08/24/23 Sold $622,000 -4.3% $225 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $650,000 -- $235 / 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
2024 $4,245 $384,200 $137,100 $247,100
2023 $4,245 $384,200 $137,100 $247,100
2022 $4,207 $384,200 $137,100 $247,100
2021 $4,400 $304,500 $119,100 $185,400
2020 $4,400 $304,500 $119,100 $185,400
2019 $4,400 $304,500 $119,100 $185,400
2018 $4,097 $261,300 $110,800 $150,500
2017 $4,001 $261,300 $110,800 $150,500
2016 $3,943 $261,300 $110,800 $150,500
2015 $4,031 $259,700 $108,300 $151,400
2014 $4,020 $259,700 $108,300 $151,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1339778

State-Wide MLS

APN: SKIN-005804-000000-000001