NOT LISTED FOR SALE

32 Spruce Rd Wakefield, RI 02879

Estimated Value: $540,000 - $582,000

3 Beds
1 Bath
750 Sq Ft
$750/Sq Ft Est. Value

Last Sold March 18, 2024

Last sale price $500,000 $667 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,308/month

7 Days on Market

Highlights

  • Marina
  • Wood Flooring
  • Tennis Courts
  • Deck
  • Attic
  • Cottage

About This Home

As of March 2024

Discover the epitome of coastal living at 32 Spruce Road in the coveted Ocean Ridge neighborhood of South County. This well maintained 3-bed, 1-bath beach cottage exudes charm and functionality. Bamboo flooring graces the living areas, while the kitchen boasts updated maple cabinets, quartz counters, and vinyl plank flooring. Ideal for entertaining, the kitchen seamlessly connects to the living and dining rooms, opening to a 28x11 ft trex deck a perfect haven for morning coffees or evening BBQs overlooking the serene backyard and woods. The third bedroom offers privacy and convenience with a separate closet housing a stackable washer and dryer. As part of the Ocean Ridge Association, residents enjoy exclusive access to Green Hill Pond, kayak storage, a boat launch, pondside pavilion, and clubhouse. A short bike ride away, indulge in delectable restaurants, bakery, ice cream parlors, and charming gift shops. Charlestown Beach adds the finishing touch to this coastal haven. Ideal for a summer retreat, year-round residence, downsizing, or investment, 32 Spruce Road welcomes you to a lifestyle of comfort and convenience. Don't miss the chance to call this classic beach cottage home!

Last Agent to Sell the Property

Chad Dupuis

Coldwell Banker Coastal Homes License #RES.0028718 Listed on: 02/02/2024

Coldwell Banker Coastal Homes

Last Buyer's Agent

Garret Roberts

RI Real Estate Services License #RES.0027280

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1970

Lot Details

  • 4,791 Sq Ft Lot

Home Design

  • Cottage
  • Block Foundation
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Deck
  • Patio
  • Outbuilding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Propane
  • Baseboard Heating
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 83
  • Assessor Parcel Number 32SPRUCERDSKNG

Community Details

Recreation

  • Marina
  • Tennis Courts

Additional Features

  • Ocean Ridge Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,612

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: Ocean Ridge
  • Above Grade Finished Sq Ft: 750.0
  • Architectural Style: Cabin/Cottage, Ranch
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1970
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood, Vinyl
  • Interior Amenities: Attic, Tub Shower
  • Living Area: 750.0
  • Stories: 1
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Deck, Patio
  • Foundation Details: Block
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Shopping, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 32SPRUCERDSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3612.0
  • Tax Lot: 83
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 18, 2024
Sold by
Palmer Steven J and Palmer Susan M
Bought by
Downey Brendan and Downey Stacey
Seller's Agent
Chad Dupuis
Coldwell Banker Coastal Homes
Buyer's Agent
Garret Roberts
RI Real Estate Services
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
74
Current Estimated Value
$562,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,716
Avg. Annual Appreciation
7.98%
Original Mortgage
$350,000
Outstanding Balance
$344,178
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,538
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
Downey Brendan $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Downey Brendan $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2024 03/18/24 Sold $500,000 -4.8% $667 / Sq Ft
02/10/2024 02/10/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $525,000 -- $700 / 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 $3,895 $435,700 $282,600 $153,100
2024 $3,624 $328,000 $217,300 $110,700
2023 $3,614 $327,100 $217,300 $109,800
2022 $3,582 $327,100 $217,300 $109,800
2021 $3,071 $212,500 $132,800 $79,700
2020 $3,071 $212,500 $132,800 $79,700
2019 $3,071 $212,500 $132,800 $79,700
2018 $2,995 $191,000 $122,600 $68,400
2017 $2,924 $191,000 $122,600 $68,400
2016 $2,882 $191,000 $122,600 $68,400
2015 $2,784 $179,400 $111,500 $67,900
2014 $2,777 $179,400 $111,500 $67,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: State-Wide MLS

MLS Number: 1351992

State-Wide MLS

APN: SKIN-008902-000000-000083