NOT LISTED FOR SALE

40 Mechanic St Wakefield, RI 02879

Estimated Value: $512,192 - $574,000

3 Beds
1 Bath
1,128 Sq Ft
$477/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $359,000 $318 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,159/month

Highlights

  • Wood Flooring
  • Patio
  • Baseboard Heating
  • Cottage

About This Home

As of May 2021

Sold before print. Entered for comp purposes only.

Last Agent to Sell the Property

Nelson Taylor

Compass Listed on: 05/20/2021

Compass

Last Buyer's Agent

Shannon Dewey

KEY Real Estate Services License #RES.0044221

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 1910

Lot Details

  • 5,663

Home Design

  • Cottage
  • Combination Foundation
  • Clapboard
  • Plaster

Interior Spaces

  • 1,128 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Patio
  • 5,663 Sq Ft Lot

Listing and Financial Details

  • Tax Lot 100
  • Assessor Parcel Number 40MECHANICSTSKNG

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,360

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Above Grade Finished Sq Ft: 1128.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1910
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Washer
  • Has Basement: Full, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Ceramic Tile, Hardwood
  • Living Area: 1128.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Clapboard
  • Exterior Features: Patio
  • Foundation Details: Combination
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5663.0
  • Parcel #: 40MECHANICSTSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 3360.0
  • Tax Lot: 100
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
May 20, 2021
Sold by
Marye Nolan B and Marye Emily D
Bought by
Haitz Jame
Seller's Agent
Nelson Taylor
Compass
Buyer's Agent
Shannon Dewey
KEY Real Estate Services
List Price
$359,000
Sold Price
$359,000
Current Estimated Value
$538,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,548
Avg. Annual Appreciation
9.75%
Original Mortgage
$303,186
Outstanding Balance
$275,346
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$263,202

Purchase Details

Listed on
Aug 30, 2016
Closed on
Oct 31, 2016
Sold by
Hague Joel P and Hague Nomi K
Bought by
Marye 3Rd Nolan B and Marye Emily D
Seller's Agent
Jonathan Daly-Labelle
Residential Properties Ltd.
Buyer's Agent
Wendy Crawford
Lila Delman Compass
List Price
$269,900
Sold Price
$257,000
Premium/Discount to List
-$12,900
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$244,150
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2011
Sold by
Nelson Peter M
Bought by
Hague Joel P and Hague Nomi K

Purchase Details

Closed on
Sep 8, 2003
Sold by
Hopple Peter H
Bought by
Nelson Peter M
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
Haitz Jame $359,000 None Available
Marye 3Rd Nolan B $257,000 --
Hague Joel P $225,000 --
Nelson Peter M $224,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haitz Jame $303,186
Previous Owner Nelson Peter M $244,150
Previous Owner Nelson Peter M $204,198
Previous Owner Nelson Peter M $206,505
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $359,000 0.0% $318 / Sq Ft
05/20/2021 05/20/21 For Sale $359,000 +39.7% $318 / Sq Ft
10/31/2016 10/31/16 Sold $257,000 -4.8% $275 / Sq Ft
10/01/2016 10/01/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $269,900 -- $288 / 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 $3,642 $407,400 $203,000 $204,400
2024 $3,534 $319,800 $156,100 $163,700
2023 $3,534 $319,800 $156,100 $163,700
2022 $3,502 $319,800 $156,100 $163,700
2021 $3,360 $232,500 $120,100 $112,400
2020 $3,360 $232,500 $120,100 $112,400
2019 $3,360 $232,500 $120,100 $112,400
2018 $3,241 $206,700 $114,800 $91,900
2017 $3,165 $206,700 $114,800 $91,900
2016 $3,119 $206,700 $114,800 $91,900
2015 $3,030 $195,200 $104,500 $90,700
2014 $3,022 $195,200 $104,500 $90,700
Source: Public Records

Agents Affiliated with this Home

  • Nelson Taylor

    Seller's Agent in 2021

    Nelson Taylor

    Compass

    (401) 214-1524

    4 in this area

    614 Total Sales

    Nelson Taylor
    Section Image

  • S

    Buyer's Agent in 2021

    Shannon Dewey

    KEY Real Estate Services

  • Jonathan Daly-Labelle

    Seller's Agent in 2016

    Jonathan Daly-Labelle

    Residential Properties Ltd.

    (401) 741-3820

    12 in this area

    28 Total Sales

    Jonathan Daly-Labelle
    Section Image
  • Wendy Crawford

    Buyer's Agent in 2016

    Wendy Crawford

    Lila Delman Compass

    (401) 714-1999

    1 in this area

    31 Total Sales

    Wendy Crawford
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1283303

State-Wide MLS

APN: SKIN-005704-000000-000100

Rhode Island Washington County Wakefield 02879

40 Mechanic St, Wakefield, RI

This home is located at 40 Mechanic St, Wakefield, RI 02879 since 20 May 2021 and is currently estimated at $538,548, approximately $477 per square foot. This property was built in 1910. 40 Mechanic St is a home located in Washington County with nearby schools including South Kingstown High School, Monsignor Matthew Clarke Catholic Regional School, and Bradley School-South.

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