NOT LISTED FOR SALE

381 Bittersweet Farm Way Wakefield, RI 02879

Estimated Value: $1,231,000 - $1,570,000

3 Beds
3.5 Baths
3,284 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 11, 2020

Last sale price $880,000 $268 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $9,197/month

178 Days on Market

Highlights

  • Marina
  • Barn
  • Spa
  • Golf Course Community
  • Horses Allowed On Property
  • 4.34 Acre Lot

About This Home

As of August 2020

Peaceful and private, 381 Bittersweet Farm Way is set up high on over four acres. As you enter the property and drive up the private drive-way, a beautiful custom stone fountain welcomes you. The front door leads to an open light-filled kitchen, with granite counter tops and Jenn-air appliances. The adjacent living area offers a warm fireplace for cool evenings and direct access to the expansive outdoor deck overlooking an impeccably landscaped yard with established typical New England stone walls and a picturesque barn. The first floor also features a formal dining room opening out to an enclosed screened-in porch for morning coffee or a potential sleeping porch. Another living room, den, and laundry room with a half bath, compliment the first floor. The master bedroom suite on the second floor looks out to the treetops and exquisite grounds. Enjoy warm fires while reading or working in the open additional master living space. Two other bedrooms, a sitting room, and a full bathroom complete the second floor. You will find hard wood floors throughout the home. The alluring two-horse barn and outbuilding offer the perfect setting for a horse farm. Desirable Bittersweet Farm is close to the beaches, the town of Wakefield, and Tuckertown Park. Enjoy this tranquil neighborhood for years to come.

Last Agent to Sell the Property

Robin Knisley

Mott & Chace Sotheby's Intl. License #REB.0016958 Listed on: 01/15/2020

Mott & Chace Sotheby's Intl.

Last Buyer's Agent

Joe Geaber

RE/MAX FLAGSHIP, INC. License #RES.0018527

RE/MAX FLAGSHIP, INC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,600

Year Built

  • Built in 1997

Lot Details

  • 4.34 Acre Lot
  • Fenced
  • Property is zoned R80

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 3,284 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • 2 Fireplaces
  • Marble Fireplace
  • Storage Room
  • Wood Flooring
  • Security System Owned
  • Attic

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Spa
  • Outdoor Grill

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Oil
  • Private Water Source
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Property near a hospital
  • Barn
  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 381BITTERSWEETFARMWYSKNG

Community Details

Overview

  • Wakefield Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,600

Year Built

Built in 1997

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 4.34
  • Subdivision Name: Wakefield
  • Above Grade Finished Sq Ft: 3284.0
  • Architectural Style: Colonial
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Marble
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Hardwood
  • Interior Amenities: Attic, Cedar Closet(s), Tub Shower, Central Vacuum, Cable TV
  • Living Area: 3284.0
  • Dining Room Type: Bathroom, Storage Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Barbecue
  • Foundation Details: Concrete Perimeter
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 8.0

Utilities

  • Security: Security System Owned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Oil
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected, Private

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
  • Association Fee: 700.0
  • Association Fee Frequency: Annually

Lot Info

  • Horse Amenities: Horses Allowed
  • Land Lease: No
  • Lot Size Sq Ft: 189050.0
  • Parcel #: 381BITTERSWEETFARMWYSKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 11600.0
  • Tax Lot: 13
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Aug 11, 2020
Sold by
Peter J Storti Ret
Bought by
Fagan Michael T
Seller's Agent
Robin Knisley
Mott & Chace Sotheby's Intl.
Buyer's Agent
Joe Geaber
RE/MAX FLAGSHIP, INC.
List Price
$975,000
Sold Price
$880,000
Premium/Discount to List
-$95,000
-9.74%
Current Estimated Value
$1,457,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,571
Avg. Annual Appreciation
9.13%
Original Mortgage
$704,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2015
Sold by
Storti Peter J and Storti Elizabeth M
Bought by
Elizabeth M Storti Ret

Purchase Details

Closed on
Jun 26, 2013
Sold by
Irene H Forbes Ret and Forbes Irene H
Bought by
Storti Peter J and Storti Elizabeth M
Source: Public Records

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Range of Values:

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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
Fagan Michael T $880,000 None Available
Elizabeth M Storti Ret -- --
Peter J Storti Ret -- --
Storti Peter J $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fagan Michael T $702,000
Closed Fagan Michael T $704,000
Previous Owner Peter J Storti Ret $350,000
Previous Owner Storti Peter J $229,510
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2020 08/11/20 Sold $880,000 -9.7% $268 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
01/15/2020 01/15/20 For Sale $975,000 -- $297 / 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 $12,230 $1,106,800 $377,400 $729,400
2023 $12,230 $1,106,800 $377,400 $729,400
2022 $12,119 $1,106,800 $377,400 $729,400
2021 $11,600 $802,800 $256,100 $546,700
2020 $11,600 $802,800 $256,100 $546,700
2019 $11,600 $802,800 $256,100 $546,700
2018 $12,983 $828,000 $339,200 $488,800
2017 $12,677 $828,000 $339,200 $488,800
2016 $12,495 $828,000 $339,200 $488,800
2015 $11,853 $763,700 $311,300 $452,400
2014 $11,822 $763,700 $311,300 $452,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1244558

State-Wide MLS

APN: SKIN-000055-000000-000013