NOT LISTED FOR SALE

3494 Tower Hill Rd Wakefield, RI 02879

Estimated Value: $747,766 - $809,000

3 Beds
1.5 Baths
2,340 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $530,000 $226 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,740/month

32 Days on Market

Highlights

  • Marina
  • 1.87 Acre Lot
  • Antique Architecture
  • Golf Course Community
  • Wooded Lot
  • Wood Flooring

About This Home

As of August 2021

Welcome home to 3494 Tower Hill Rd. This quintessential classic New England Colonial was built in the mid 1700s by Brown family. Many original details remain including exposed beams, shiplap insets in the kitchen, wide plank pine floors, interior doors & more. Some of the more modern upgrades include replacement windows, 200 amp electrical service, updated mechanicals and a newer roof. The detached two-car garage has an unfinished loft area/accessory unit that with just a little work, would make a great studio apartment or AirBnB. Sitting on just under 2 acres, the grounds offer beautiful stone walls, mature plantings, granite block walkways, and a brand new Goth Arch greenhouse built for year-round growing. Located in close proximity to Narragansett Town Beach, Historic Wakefield, and an easy commute to Providence, you don't want to miss this one. Reach out today. We'd love to hear from you.

Last Agent to Sell the Property

Slocum Home Team

SLOCUM Listed on: 06/04/2021

Last Buyer's Agent

Jonathan Daly-Labelle

Residential Properties Ltd. License #RES.0025261

Residential Properties Ltd.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,490

Year Built

  • Built in 1750

Lot Details

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

Parking

  • 2 Car Detached Garage

Home Design

  • Antique Architecture
  • Stone Foundation
  • Wood Siding
  • Clapboard
  • Plaster

Interior Spaces

  • 2,340 Sq Ft Home
  • 2-Story Property
  • Fireplace Features Masonry
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 3494TOWERHILLRDSKNG

Community Details

Overview

  • Tower Hill Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,490

Year Built

Built in 1750

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.87
  • Subdivision Name: TOWER HILL
  • Above Grade Finished Sq Ft: 2340.0
  • Architectural Style: Historic/Antique
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1750
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Living Area: 2340.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Wooded
  • Construction Type: Plaster, Clapboard, Wood Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 81457.0
  • Parcel #: 3494TOWERHILLRDSKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 6489.5
  • Tax Lot: 5
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 6, 2021
Sold by
Cordell Robert
Bought by
Kalin Jason F
Seller's Agent
Slocum Home Team
SLOCUM
Buyer's Agent
Jonathan Daly-Labelle
Residential Properties Ltd.
List Price
$544,000
Sold Price
$530,000
Premium/Discount to List
-$14,000
-2.57%
Current Estimated Value
$781,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,192
Avg. Annual Appreciation
10.98%
Original Mortgage
$230,000
Outstanding Balance
$211,667
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$596,429

Purchase Details

Closed on
Feb 28, 2018
Sold by
Bernardo 2Nd Eugene G and Bernardo Kristen
Bought by
Cordell Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,467
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 2001
Sold by
Bernardo Bradford C
Bought by
Bernardo Ii Eugene G and Bernardo Kristen
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
Kalin Jason F $530,000 None Available
Cordell Robert $319,250 --
Bernardo Ii Eugene G $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalin Jason F $230,000
Previous Owner Bernardo Ii Eugene G $313,467
Previous Owner Bernardo Ii Eugene G $120,000
Previous Owner Bernardo Ii Eugene G $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $530,000 -2.6% $226 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $544,000 -- $232 / 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 $5,811 $525,900 $171,700 $354,200
2023 $5,811 $525,900 $171,700 $354,200
2022 $5,759 $525,900 $171,700 $354,200
2021 $6,489 $449,100 $149,900 $299,200
2020 $6,489 $449,100 $149,900 $299,200
2019 $6,489 $449,100 $149,900 $299,200
2018 $6,623 $422,400 $139,500 $282,900
2017 $6,467 $422,400 $139,500 $282,900
2016 $6,374 $422,400 $139,500 $282,900
2015 $7,225 $465,500 $136,800 $328,700
2014 $7,206 $465,500 $136,800 $328,700
Source: Public Records

Agents Affiliated with this Home

  • Slocum Home Team

    Seller's Agent in 2021

    Slocum Home Team

    SLOCUM

    (401) 593-1129

    11 in this area

    740 Total Sales

    Slocum Home Team
    Section Image
  • Jonathan Daly-Labelle

    Buyer's Agent in 2021

    Jonathan Daly-Labelle

    Residential Properties Ltd.

    (401) 741-3820

    12 in this area

    30 Total Sales

    Jonathan Daly-Labelle
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1284225

State-Wide MLS

APN: SKIN-002603-000000-000005

Rhode Island Washington County Wakefield 02879

3494 Tower Hill Rd, Wakefield, RI

This home is located at 3494 Tower Hill Rd, Wakefield, RI 02879 since 04 June 2021 and is currently estimated at $781,192, approximately $333 per square foot. This property was built in 1750. 3494 Tower Hill Rd is a home located in Washington County with nearby schools including South Kingstown High School, Quest Montessori School, and Monsignor Matthew Clarke Catholic Regional School.

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