NOT LISTED FOR SALE

37 Chappell Rd Wakefield, RI 02879

Estimated Value: $726,332 - $848,000

2 Beds
1 Bath
820 Sq Ft
$965/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $550,000 $671 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,530/month

48 Days on Market

Highlights

  • Marina
  • Water Access
  • Deck
  • Water Views
  • Wine Cellar
  • Wood Flooring

About This Home

As of December 2020

WATERVIEW OF POTTER POND Mesmerizing sunsets await you! This bright and open 2 BR cottage with westward-facing decks is what you are looking for. Just a few minutes walk to waters edge for kayaking, clamming. This is the classic beach cottage - - comfortable, no frills, surprisingly roomy with nooks and crannies so everyone can find their favorite space. Over-sized outdoor shower, gardens tucked around the yard, and a shed for your easy-care gardening supplies. Huge, dry basement with high ceiling and windows offers limitless storage, could be wonderfully usable space for expansion. Small family-run marina at end of street. E. Matunuck State Beach 0.9 miles away, Matunuck Oyster Bar 5 min walk. 1-year home warranty included. Call us for your slice of sunset paradise!

Last Agent to Sell the Property

Bruce Cutting

Mott & Chace Sotheby's Intl. License #RES.0044031 Listed on: 10/03/2020

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Sharon Yost

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,884

Year Built

  • Built in 1945

Lot Details

  • 8,400 Sq Ft Lot
  • Fenced
  • Property is zoned R80

Home Design

  • Cottage
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 820 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Mud Room
  • Wine Cellar
  • Living Room
  • Dining Room
  • Den
  • Storage Room
  • Washer
  • Utility Room
  • Water Views
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Storm Doors

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 4 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 174 / 1020
  • Assessor Parcel Number 37CHAPPELLRDSKNG

Community Details

Overview

  • East Matunuck Subdivision

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,884

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1928
  • Subdivision Name: East Matunuck
  • Above Grade Finished Sq Ft: 820.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1945
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower, Mud Room, Wine Cellar
  • Living Area: 820.0
  • Dining Room Type: Bedroom, Den, Dining Room, Kitchen, Living Room, Master Bedroom, Mud Room, Storage Room, Utility Room, Wine Cellar
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Water Access, Walk to Water
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Other Structures: Outbuilding
  • Patio And Porch Features: Deck

Garage/Parking

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

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8400.0
  • Parcel #: 37CHAPPELLRDSKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3884.0
  • Tax Block: 1020
  • Tax Lot: 174
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2020
Closed on
Dec 18, 2020
Sold by
Ralph & Margaret Riccio Lt and Riccio
Bought by
Berger Jordan E and Gustafson Whitney S
Seller's Agent
Bruce Cutting
Mott & Chace Sotheby's Intl.
Buyer's Agent
Sharon Yost
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$791,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,333
Avg. Annual Appreciation
7.61%
Original Mortgage
$440,000
Outstanding Balance
$389,923
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$401,410

Purchase Details

Closed on
Sep 24, 1997
Sold by
Beach Claudia E
Bought by
Riccio Ralph L and Riccio Margaret
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Berger Jordan E -- None Available
Riccio Ralph L $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berger Jordan E $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2020 12/21/20 Sold $550,000 -8.2% $671 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
10/03/2020 10/03/20 For Sale $599,000 -- $730 / 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 $4,556 $509,600 $358,100 $151,500
2024 $4,584 $414,800 $293,800 $121,000
2023 $4,584 $414,800 $293,800 $121,000
2022 $4,542 $414,800 $293,800 $121,000
2021 $3,884 $268,800 $180,900 $87,900
2020 $3,884 $268,800 $180,900 $87,900
2019 $3,884 $268,800 $180,900 $87,900
2018 $3,854 $245,800 $170,300 $75,500
2017 $3,763 $245,800 $170,300 $75,500
2016 $3,709 $245,800 $170,300 $75,500
2015 $3,566 $229,800 $154,800 $75,000
2014 $3,557 $229,800 $154,800 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Bruce Cutting

    Seller's Agent in 2020

    Bruce Cutting

    Mott & Chace Sotheby's Intl.

    (401) 533-0762

    11 in this area

    41 Total Sales

    Bruce Cutting
    Section Image

  • S

    Buyer's Agent in 2020

    Sharon Yost

See All Agents

Map

Source: State-Wide MLS

MLS Number: 1266494

State-Wide MLS

APN: SKIN-008702-000000-000174

Rhode Island Washington County Wakefield 02879

37 Chappell Rd, Wakefield, RI

Not Listed for Sale

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