NOT LISTED FOR SALE

291 Gravelly Hill Rd Wakefield, RI 02879

Estimated Value: $492,000 - $591,000

3 Beds
2 Baths
1,200 Sq Ft
$450/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $393,500 $328 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,198/month

24 Days on Market

Highlights

  • Marina
  • Cape Cod Architecture
  • Wooded Lot
  • 0.98 Acre Lot
  • Deck
  • Cathedral Ceiling

About This Home

As of June 2021

Charming 3 bed/2 full bath Cape resting on almost an acre of land in serene Perryville less than 6 minutes to the beach. First floor offers a large bedroom and full bath, large, bright living room with cathedral ceilings, skylights and a wood burning fireplace, spacious dining room that opens to a full kitchen. Hardwoods and tile throughout, upstairs carpeting. Upper level features large Master Bedroom with ensuite full bathroom and loads of closet space as well as a 2nd large bedroom with roomy closet. Lower level offers a convenient walkout basement with a large storage area, laundry, utility area and a one car garage. Wired for generator. A private deck and brick patio off the kitchen are perfect for grilling and chilling after a gorgeous day at the beach! Enjoy your peaceful yard with its expansive lawns, firepit, 2 lotus ponds, koi pond and waterfall, and gardening area. This home is perfect for nature lovers --the beautiful South Kingstown Land Trust and Duval Trail System is literally across the street. Ideal location off Rt 1, 5-10 minutes from local beaches, marinas, shopping and restaurants, 15 minutes to URI and Amtrak train station. Come enjoy the summer in your new home! *Disclosures were updated reflect proper age of systems to 26*

Last Agent to Sell the Property

Lorena Childress

HomeSmart Professionals License #RES.0044880 Listed on: 04/07/2021

HomeSmart Professionals

Last Buyer's Agent

Joshua Deaner

Mott & Chace Sotheby's Intl. License #REB.0016921

Mott & Chace Sotheby's Intl.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,125

Year Built

  • Built in 1995

Lot Details

  • 0.98 Acre Lot
  • Wooded Lot
  • Property is zoned R80

Parking

  • 1 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Clapboard

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Skylights
  • 1 Fireplace
  • Thermal Windows
  • Storage Room
  • Utility Room
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Patio

Location

  • Property near a hospital

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Power Generator
  • Private Water Source
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 291GRAVELLYHILLRDSKNG

Community Details

Recreation

  • Marina
  • Recreation Facilities

Additional Features

  • Perryville Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,125

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.98
  • Subdivision Name: Perryville
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1995
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Washer
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Attic, Cathedral Ceiling(s), Skylights, Tub Shower
  • Living Area: 1200.0
  • Dining Room Type: Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Skylight(s), Storm Window(s), Thermal Windows
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Drywall, Clapboard, Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: 1 Unit, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers, Generator
  • Sewer: Septic Tank
  • Water Source: Private, Well

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Hospital, Recreation Area, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 42689.0
  • Parcel #: 291GRAVELLYHILLRDSKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4125.48
  • Tax Lot: 7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 1, 2021
Sold by
Brown Ronald H and Kong Srey T
Bought by
Heimann Thomas and Haugen Janne
Seller's Agent
Lorena Childress
HomeSmart Professionals
Buyer's Agent
Joshua Deaner
Mott & Chace Sotheby's Intl.
List Price
$360,000
Sold Price
$393,500
Premium/Discount to List
$33,500
9.31%
Current Estimated Value
$540,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,100
Avg. Annual Appreciation
7.50%
Original Mortgage
$373,500
Outstanding Balance
$338,683
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$201,917

Purchase Details

Closed on
Oct 17, 1995
Sold by
Green Hill Bldrs Inc
Bought by
Brown Ronald H
Source: Public Records

Range of Values:

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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
Heimann Thomas $393,500 None Available
Brown Ronald H $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heimann Thomas $373,500
Previous Owner Brown Ronald H $10,000
Previous Owner Brown Ronald H $75,000
Previous Owner Brown Ronald H $50,000
Previous Owner Brown Ronald H $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2021 06/01/21 Sold $393,500 +9.3% $328 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/07/2021 04/07/21 For Sale $360,000 -- $300 / 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 $4,087 $457,200 $184,400 $272,800
2024 $4,048 $366,300 $141,700 $224,600
2023 $4,048 $366,300 $141,700 $224,600
2022 $4,011 $366,300 $141,700 $224,600
2021 $4,125 $285,500 $117,000 $168,500
2020 $4,125 $285,500 $117,000 $168,500
2019 $4,125 $285,500 $117,000 $168,500
2018 $3,373 $215,100 $78,100 $137,000
2017 $3,293 $215,100 $78,100 $137,000
2016 $3,246 $215,100 $78,100 $137,000
2015 $3,369 $217,100 $82,400 $134,700
2014 $3,361 $217,100 $82,400 $134,700
Source: Public Records

Agents Affiliated with this Home

  • Lorena Childress

    Seller's Agent in 2021

    Lorena Childress

    HomeSmart Professionals

    (401) 632-7623

    1 in this area

    81 Total Sales

    Lorena Childress
    Section Image
  • Joshua Deaner

    Buyer's Agent in 2021

    Joshua Deaner

    Mott & Chace Sotheby's Intl.

    (401) 556-1116

    2 in this area

    58 Total Sales

    Joshua Deaner
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1278144

State-Wide MLS

APN: SKIN-007304-000000-000007

Rhode Island Washington County Wakefield 02879

291 Gravelly Hill Rd, Wakefield, RI

This home is located at 291 Gravelly Hill Rd, Wakefield, RI 02879 since 07 April 2021 and is currently estimated at $540,600, approximately $450 per square foot. This property was built in 1995. 291 Gravelly Hill Rd is a home located in Washington County with nearby schools including South Kingstown High School.

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