NOT LISTED FOR SALE

27 Mechanic St Wakefield, RI 02879

Estimated Value: $498,000 - $597,000

3 Beds
1 Bath
1,299 Sq Ft
$417/Sq Ft Est. Value

Last Sold June 27, 2024

Last sale price $451,000 $347 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,197/month

14 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Corner Lot
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of June 2024

Charming Cape in Downtown Wakefield. This 3 beds, 1 bath home has been cherished by the same owner for over 60 years, ensuring a well-maintained property with a rich history. Abundant natural light fills this home, enhancing its warmth and inviting atmosphere. Perfect for buyers looking to personalize and update a home to their taste. Neighborhood is known for its vibrant community and excellent amenities. Don't miss the chance to own a piece of Downtown Wakefield and make this charming Cape your own. Being "Sold As Is".

Last Agent to Sell the Property

Linda Sweet

Residential Properties Ltd. License #RES.0040341 Listed on: 05/23/2024

Residential Properties Ltd.

Last Buyer's Agent

Susan Moore

Coldwell Banker Coastal Homes License #RES.0043539

Coldwell Banker Coastal Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1880

Lot Details

  • 7,709 Sq Ft Lot
  • Corner Lot
  • Property is zoned R-10

Home Design

  • Cape Cod Architecture
  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding
  • Plaster

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Outbuilding
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Forced Air Zoned Heating System
  • Heating System Uses Oil
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 27MECHANICSTSKNG

Community Details

Overview

  • Downtown Wakefield Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,532

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.177
  • Inclusions: The Washer, Dryer and Dehumidifier "are not" transferring with the home. Original house is oil forced air, the 2 room addition with crawl space is electric.
  • Subdivision Name: Downtown Wakefield
  • Above Grade Finished Sq Ft: 1299.0
  • Architectural Style: Cape Cod
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1880
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1299.0
  • Dining Room Type: Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Vinyl Siding
  • Exterior Features: Porch, Paved Driveway
  • Foundation Details: Brick/Mortar, Stone
  • Other Structures: Outbuilding
  • Patio And Porch Features: Porch

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Electric, Forced Air, Oil, Zoned
  • Heating Yn: Yes
  • Electric: 150 Amp Service, Circuit Breakers
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Other, Public Transportation, Recreation Area, Restaurant, Shopping, See Remarks, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7709.0
  • Parcel #: 27MECHANICSTSKNG
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3531.58
  • Tax Lot: 94
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 27, 2024
Sold by
Tarbox Marjorie K
Bought by
Reinhardt Matthew P
Seller's Agent
Linda Sweet
Residential Properties Ltd.
Buyer's Agent
Susan Moore
Coldwell Banker Coastal Homes
List Price
$435,999
Sold Price
$451,000
Premium/Discount to List
$15,001
3.44%
Views
36
Current Estimated Value
$542,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,211
Avg. Annual Appreciation
15.88%
Original Mortgage
$300,000
Outstanding Balance
$296,437
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$245,774

Purchase Details

Closed on
Feb 8, 1962
Bought by
Tarbox Marjorie K
Source: Public Records

Range of Values:

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
Reinhardt Matthew P $451,000 None Available
Reinhardt Matthew P $451,000 None Available
Tarbox Marjorie K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reinhardt Matthew P $300,000
Closed Reinhardt Matthew P $300,000
Previous Owner Tarbox Marjorie K $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $451,000 +3.4% $347 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $435,999 -- $336 / 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 $3,860 $431,800 $206,900 $224,900
2024 $3,532 $319,600 $159,200 $160,400
2023 $3,532 $319,600 $159,200 $160,400
2022 $3,500 $319,600 $159,200 $160,400
2021 $3,441 $238,100 $122,400 $115,700
2020 $3,441 $238,100 $122,400 $115,700
2019 $3,441 $238,100 $122,400 $115,700
2018 $3,329 $212,300 $117,100 $95,200
2017 $3,250 $212,300 $117,100 $95,200
2016 $3,204 $212,300 $117,100 $95,200
2015 $3,064 $197,400 $106,400 $91,000
2014 $3,056 $197,400 $106,400 $91,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1359538

State-Wide MLS

APN: SKIN-005704-000000-000094