NOT LISTED FOR SALE

3751 Tower Hill Rd Wakefield, RI 02879

Estimated Value: $484,000 - $605,000

2 Beds
1.5 Baths
1,152 Sq Ft
$461/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $425,000 $369 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,021/month

22 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Beach Access
  • Colonial Architecture
  • Window Unit Cooling System

About This Home

As of July 2023

Just in time for SUMMER at Indian Lake Shores! This adorable Colonial has a fenced-in backyard oasis perfect after a long day at the lake swimming, fishing, kayaking or SUP'ing. Not ONE but TWO private association beaches as well as a private playground recreation area. Low maintenance living conveniently located near Narragansett Beach, shopping and some of the best restaurants in Rhode Island. The kitchen is a generous size room with lots of cabinet and counter space for preparing those summer BBQ meals for friends and family. Sliding doors in the living room open out to a private patio area and spacious back yard which includes an outdoor shower, large shed for storing all your beach gear, and lovely outdoor garden spots for rest and visual meditation. The upstairs offers two spacious bedrooms and conveniently situated full bathroom. New roof, new septic, A/C split, ready for the new homeowner!

Last Agent to Sell the Property

Linda Kaley

Lila Delman Compass License #RES.0031304 Listed on: 06/08/2023

Lila Delman Compass

Last Buyer's Agent

Connor Dowd

Keller Williams Coastal License #B16208

Keller Williams Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,797

Year Built

  • Built in 2000

Lot Details

  • 4,791 Sq Ft Lot
  • Fenced
  • Property is zoned R20

Home Design

  • Colonial Architecture
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Patio
  • Outbuilding

Location

  • Property near a hospital

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Oil Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 3751TOWERHILLRDSKNG

Community Details

Overview

  • Indian Lake Shores Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,797

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Subdivision Name: Indian Lake Shores
  • Above Grade Finished Sq Ft: 1152.0
  • Architectural Style: Colonial
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Other, Vinyl, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 1152.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Waterfront Features: Beach Access, Dock Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Patio, Paved Driveway
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4791.0
  • Parcel #: 3751TOWERHILLRDSKNG
  • Zoning: R20
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 2797.0
  • Tax Lot: 14
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 12, 2023
Sold by
Honig Alexandra
Bought by
Morenz Meredith
Seller's Agent
Linda Kaley
Lila Delman Compass
Buyer's Agent
Connor Dowd
Keller Williams Coastal
List Price
$400,000
Sold Price
$425,000
Premium/Discount to List
$25,000
6.25%
Views
122
Current Estimated Value
$498,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,851
Avg. Annual Appreciation
7.00%
Original Mortgage
$340,000
Outstanding Balance
$333,543
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$155,643

Purchase Details

Listed on
Apr 6, 2020
Closed on
Jul 8, 2020
Sold by
Mignanelli Sharyn M
Bought by
Ryll Alexandra
Seller's Agent
Diana Barone
RE/MAX 1st Choice
Buyer's Agent
Paula Martel
Century 21 Topsail Realty
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.27%
Original Mortgage
$239,433
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2006
Sold by
Sappington Wade S and Sappington Erin A
Bought by
Mignanelli Andrew T and Mignanelli Sharyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,600
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2001
Sold by
Knollwood Building Co
Bought by
Sappington Wade S and Sappington Erin A
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
Morenz Meredith $425,000 None Available
Ryll Alexandra $270,000 None Available
Mignanelli Andrew T $249,500 --
Sappington Wade S $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morenz Meredith $340,000
Previous Owner Ryll Alexandra $239,433
Previous Owner Sappington Wade S $253,500
Previous Owner Sappington Wade S $261,245
Previous Owner Sappington Wade S $199,600
Previous Owner Sappington Wade S $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $425,000 +6.3% $369 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $400,000 +48.1% $347 / Sq Ft
07/10/2020 07/10/20 Sold $270,000 -5.3% $225 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $285,000 -- $238 / 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 $3,470 $314,000 $70,500 $243,500
2023 $2,823 $255,500 $70,500 $185,000
2022 $2,798 $255,500 $70,500 $185,000
2021 $2,881 $199,400 $61,300 $138,100
2020 $2,881 $199,400 $61,300 $138,100
2019 $2,881 $199,400 $61,300 $138,100
2018 $2,735 $174,400 $51,100 $123,300
2017 $2,670 $174,400 $51,100 $123,300
2016 $2,632 $174,400 $51,100 $123,300
2015 $2,562 $165,100 $46,400 $118,700
2014 $2,556 $165,100 $46,400 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1337005

State-Wide MLS

APN: SKIN-003402-000000-000014