Seller's Agent in 2025
Bob Bailey
Lila Delman Compass
(401) 413-6928
8 in this area
130 Total Sales
263 Prospect Rd Wakefield, RI 02879
2
Beds
1.5
Baths
1,344
Sq Ft
6,534
Sq Ft Lot
Highlights
- Beach Front
- Deck
- Recreation Facilities
- Marina
- Wood Flooring
- Walking Distance to Water
About This Home
As of September 2025This Potter Pond waterfront cottage with private dock has commanding views across the water towards the entrance to Point Judith, spectacular sunrises, cool coastal breezes, and a sense of peace and tranquility. Enjoy fishing from your own dock, or go for a paddle on your kayak, paddleboard, or enjoy a day of boating with navigable access to Great Salt Pond, and beyond to the ocean for moderately sized vessels. Located just a short distance from Deep Hole parking lot ideal for surfing or casting for blue fish & striped bass, or ride your bicycle to Matunuck State Beach. This location is a summer paradise, for enjoying all that Rhode Island has to offer with nearby restaurants, local bar, surf shops, etc.The large rear deck & patio, gazebo, and tiered level gardens provide an abundance of entertaining space for friends and family. When you you return from the beach rinse off in the outdoor shower. Make this cottage your next vacation getaway, or could be an ideal rental property.
Last Agent to Sell the Property
Lila Delman Compass License #RES.0027739 Listed on: 08/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,678
Year Built
- Built in 1960
Lot Details
- 6,534 Sq Ft Lot
- Beach Front
- Property is zoned R20
Home Design
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Thermal Windows
- Family Room
- Living Room
- Storage Room
- Utility Room
- Water Views
Kitchen
- Oven
- Range
- Dishwasher
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Finished Basement
- Basement Fills Entire Space Under The House
- Interior and Exterior Basement Entry
Parking
- 1 Parking Space
- No Garage
- Driveway
Outdoor Features
- Walking Distance to Water
- Deck
- Patio
- Outbuilding
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Oil
- 220 Volts
- 100 Amp Service
- Electric Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 263PROSPECTRDSKNG
Community Details
Overview
- Potter Pond Waterfront / Matunuck Subdivision
Amenities
- Shops
- Restaurant
Recreation
- Marina
- Recreation Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 12, 2025
Closed on
Sep 26, 2025
Sold by
Arthur G Lowe Jr T G and Arthur Lowe
Bought by
Marshall Peck T J and Marshall Peck
Seller's Agent
Bob Bailey
Lila Delman Compass
Buyer's Agent
James Wilson
Lila Delman Compass
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%
Views
113
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
$34,143
Avg. Annual Appreciation
11.88%
Purchase Details
Closed on
Jan 3, 2011
Sold by
Lowe Arthur G and Lowe Joan B
Bought by
Jr Tr Arthur G Lowe and Lowe Joan B
Purchase Details
Closed on
Jul 16, 1997
Sold by
Halvarson Shirley M
Bought by
Lowe Arthur G and Lowe Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.79%
Mortgage Type
Purchase Money Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,200,000 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $174,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $80,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/25/2025 09/25/25 | Pending | -- | -- | -- |
| 09/22/2025 09/22/25 | Sold | $1,200,000 | -12.7% | $893 / Sq Ft |
| 08/12/2025 08/12/25 | For Sale | $1,375,000 | -- | $1,023 / 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 | $10,678 | $1,194,400 | $1,037,100 | $157,300 |
| 2024 | $11,014 | $996,700 | $870,300 | $126,400 |
| 2023 | $11,014 | $996,700 | $870,300 | $126,400 |
| 2022 | $10,914 | $996,700 | $870,300 | $126,400 |
| 2021 | $11,707 | $810,200 | $709,700 | $100,500 |
| 2020 | $11,707 | $810,200 | $709,700 | $100,500 |
| 2019 | $11,707 | $810,200 | $709,700 | $100,500 |
| 2018 | $10,258 | $654,200 | $567,700 | $86,500 |
| 2017 | $10,016 | $654,200 | $567,700 | $86,500 |
| 2016 | $9,872 | $654,200 | $567,700 | $86,500 |
| 2015 | $9,784 | $630,400 | $544,500 | $85,900 |
| 2014 | $9,759 | $630,400 | $544,500 | $85,900 |
Source: Public Records
Agents Affiliated with this Home
-
Bob Bailey
-
James Wilson
Buyer's Agent in 2025
James Wilson
Lila Delman Compass
(401) 529-4505
5 in this area
18 Total Sales
Map
Source: State-Wide MLS
MLS Number: 1392429
APN: SKIN-008704-000000-000031
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