NOT LISTED FOR SALE

361 Woodruff Ave Unit A Wakefield, RI 02879

Estimated Value: $659,000 - $1,566,000

2 Beds
2 Baths
1,860 Sq Ft
$506/mo HOA Fee

Last Sold February 03, 2020

Last sale price $950,000 $511 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $7,314/month

367 Days on Market

Highlights

  • Concierge
  • Golf Course Community
  • Waterfront
  • Marina
  • Active Adult
  • 2.76 Acre Lot

About This Home

As of February 2020

A unique offering of one of the premier residences in the newly constructed, totally renovated, Silver Lake Cottages. This 55+ complex was originally built in 1880 for the Welch family. Unit 1 A is in the Main Residence and has been completely reconstructed by renowned South County builder, Paul Sherman and designed by New York architect, Michael Bierne. These two craftsmen joined forces to create a total of seven exceptional residences, on the shore of Silver Lake. Using the highest quality materials and taking care to preserve the historic nature of the original structure, combine to make this a unique complex. This unit is filled with natural light. The living and dining rooms enjoy a wall of windows that capture the magnificent views of the lake. Swim, fish,or just enjoy the views. For convenience, this unit includes remote controlled shades which filter light and provide privacy. There is a large stone patio accessible from the living room that is original to the home. An additional patio area at the side of the unit, is for your personal use. The living room has a stone fireplace, perfect for those chilly fall evenings. The large eat-in kitchen boasts Viking appliances, a large pantry closet and office space. The Master suite has a large walk in closet and bathroom with radiant heat. Swim, fish, or kayak.The Amtrak station is just a 15-minute drive, should you wish to travel to NY, or Boston. TF Greene airport is only a half hour drive. Concierge service is available.

Last Agent to Sell the Property

Mary Philbin

Mott & Chace Sotheby's Intl. License #RES.0026921 Listed on: 01/01/2019

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Michael Stewart

Lighthouse Real Estate Group License #RES.0040724

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,184

Year Built

  • Built in 1880

Lot Details

  • Waterfront
  • Security Fence
  • Secluded Lot

HOA Fees

  • $506 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Brick Foundation
  • Stone Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 1,860 Sq Ft Home
  • 3-Story Property
  • Skylights
  • Zero Clearance Fireplace
  • Gas Fireplace
  • Storage Room

Kitchen

  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Unfinished Basement

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

Home Security

  • Security System Owned
  • Intercom

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessibility Features
  • Accessible Doors

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio

Location

  • Property near a hospital

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Central Air
  • Heating System Uses Gas
  • Radiant Heating System
  • Underground Utilities
  • 200+ Amp Service
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 361WOODRUFFAVASKNG

Community Details

Overview

  • Active Adult
  • 7 Units
  • Wakefield Subdivision

Amenities

  • Concierge
  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,184

Year Built

Built in 1880

Lot Details

0

HOA Fees

$506 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Business Type: Other
  • Lot Size Acres: 2.76
  • Subdivision Name: Wakefield
  • Above Grade Finished Sq Ft: 1860.0
  • Building Name: Silver Lake Cottages
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One, Three Or More
  • New Construction: No
  • Building Stories: 3
  • Year Built: 1880
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Dryer, Dishwasher, Exhaust Fan, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Range Hood, Washer
  • Other Equipment: Intercom
  • Accessibility Features: Accessibility Features, Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s)
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Elevator,First Floor Access
  • Fireplace Features: Gas, Zero Clearance
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood
  • Interior Amenities: Skylights, Tub Shower, Elevator, Cable TV
  • Living Area: 1860.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Skylight(s)
  • ResoLivingAreaSource: Builder

Exterior Features

  • Fencing: Security
  • Lot Features: Private, Secluded, Waterfront
  • Waterfront Features: Dock Access, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Drywall, Plaster, Shingle Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Brick/Mortar, Stone
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Built In
  • Total Parking Spaces: 5.0

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned
  • Cooling: Central Air, Ductless, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Gas, Individual, Other, Radiant
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Concierge, Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Trails/Paths
  • Senior Community: Yes
  • Amenities: Recreation Facilities, Trail(s), Concierge
  • Association Fee: 506.25
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Lot Size Sq Ft: 120226.0
  • Parcel #: 361WOODRUFFAVASKNG
  • Zoning: R10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units In Community: 7

Tax Info

  • Tax Annual Amount: 14184.0
  • Tax Lot: 44
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2018
Sold by
Silver Lake Cottage Ll
Bought by
Weidinger Nancy
Current Estimated Value
$1,114,955

Purchase Details

Listed on
Jul 27, 2015
Closed on
Jul 5, 2016
Sold by
Clendenen Robert B and Clendenen Susan
Bought by
Silver Lake Cottage Ll
Seller's Agent
Judith Chace
Mott & Chace Sotheby's Intl.
Buyer's Agent
Claudia Philbrick
Mott & Chace Sotheby's Intl.
List Price
$1,395,000
Sold Price
$1,395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%
Original Mortgage
$400,000
Interest Rate
3.58%
Mortgage Type
New Conventional
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
Weidinger Nancy $1,315,000 --
Silver Lake Cottage Ll $1,395,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silver Lake Cottage Ll $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2020 02/03/20 Sold $950,000 -4.5% $511 / Sq Ft
01/04/2020 01/04/20 Pending -- -- --
01/01/2019 01/01/19 For Sale $995,000 -28.7% $535 / Sq Ft
07/05/2016 07/05/16 Sold $1,395,000 0.0% $199 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
07/27/2015 07/27/15 For Sale $1,395,000 -- $199 / 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 $10,766 $1,204,300 $0 $1,204,300
2024 $10,795 $976,900 $0 $976,900
2023 $10,795 $976,900 $0 $976,900
2022 $10,697 $976,900 $0 $976,900
2021 $13,258 $917,500 $0 $917,500
2020 $12,876 $891,100 $0 $891,100
2019 $12,876 $891,100 $0 $891,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1210903

State-Wide MLS

APN: 57-4 44-1