$514,000
SOLD AUG 18, 2025

41 Peace Pipe Trail S Wakefield, RI 02879

3 Beds
1.5 Baths
1,433 Sq Ft
0.34 Acres

Recently Sold

$359 Per Sq Ft

6% Below List Price

40 Days on Market

Highlights

  • Beach Access
  • Cape Cod Architecture
  • Wood Flooring
  • Golf Course Community
  • Wood Burning Stove
  • Recreation Facilities

About This Home

As of August 2025

Welcome to 41 Peace Pipe Trail South, nestled in a peaceful and sought-after neighborhood in South Kingstown with exclusive community access to Indian Lake. Enjoy the convenience of a community beach and boat launch, perfect for summer fun, fishing, kayaking, and lakeside relaxation. Set on 0.34 acres, this delightful home offers nearly 1,300 sq ft of living space with 3 bedrooms and 1.5 bathrooms. A bright, airy kitchen anchors the main level, filled with natural light and offering beautiful views of the backyard and garden an ideal setting for both everyday living and entertaining. The enclosed front porch adds charm and functionality, providing a serene spot to sip your morning coffee or unwind in the evenings. The property features a spacious two-car garage with potential to finish the space above, giving you the flexibility to create a guest suite, studio, or home office. This home is full of opportunity perfect for those looking to put down roots or create a peaceful seasonal retreat. Conveniently located near South County's top beaches, dining, shopping, hiking trails, and more, 41 Peace Pipe Trl S is ready for its next chapter. Don't miss your chance to own a slice of lake community living in beautiful South Kingstown!

Last Agent to Sell the Property

The Fraioli-Wilson Team

Edge Realty RI Listed on: 06/18/2025

Co-Listed By

Haley Rose

Edge Realty RI License #RES.0045657

Last Buyer's Agent

Codi Ethier

HomeSmart Professionals License #RES.0040869

HomeSmart Professionals

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,860

Year Built

  • Built in 1936

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R20

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Cape Cod Architecture
  • Fixer Upper
  • Wood Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,433 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove
  • Fireplace Features Masonry
  • Utility Room

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry

Outdoor Features

  • Beach Access
  • Water Access
  • Walking Distance to Water
  • Screened Patio
  • Porch

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Heating System Uses Steam
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 94
  • Assessor Parcel Number 41PEACEPIPETRLSKNG

Community Details

Overview

  • Indian Lake Subdivision

Amenities

  • Shops
  • Restaurant
  • Public Transportation

Recreation

  • Golf Course Community
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,860

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Co List Office Mls Id: EDGE
  • Co List Office Phone: 401-783-1007
  • Subdivision Name: Indian Lake
  • Above Grade Finished Sq Ft: 1433.0
  • Architectural Style: Cape Cod
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1936
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Oven, Range, Washer
  • Has Basement: Interior Entry, Partial, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Laminate, Vinyl
  • Interior Amenities: Tub Shower, Wood Burning Stove
  • Living Area: 1433.0
  • Dining Room Type: Utility Room
  • Stories: 2

Exterior Features

  • Waterfront Features: Beach Access, Water Access, Walk to Water
  • Construction Type: Drywall, Vinyl Siding, Wood Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Fixer

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: 150 Amp Service
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Restaurant, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 14810.0
  • Parcel #: 41PEACEPIPETRLSKNG
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 4859.79
  • Tax Lot: 94
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2025
Closed on
Aug 18, 2025
Sold by
Desalvo Mark D
Bought by
Kreger Lucille and Maroney Connor
Seller's Agent
The Fraioli-Wilson Team
Edge Realty RI
Buyer's Agent
Codi Ethier
HomeSmart Professionals
List Price
$549,000
Sold Price
$514,000
Premium/Discount to List
-$35,000
-6.38%
Views
165
Current Estimated Value
$523,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,469
Avg. Annual Appreciation
7.27%
Original Mortgage
$488,300
Outstanding Balance
$487,012
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$36,457

Purchase Details

Closed on
Aug 29, 2016
Sold by
Desalvo Mark and Desalvo Richard
Bought by
Desalvo Mark D

Purchase Details

Closed on
Jun 12, 2008
Sold by
Phelps Dennis B
Bought by
Desalvo Mark and Desalvo Richard
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 Type Sale Price Title Company
Warranty Deed $514,000 --
Warranty Deed $514,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $241,500 --
Deed $241,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $488,300 Purchase Money Mortgage
Closed $488,300 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2025 08/18/25 Sold $514,000 -1.9% $359 / Sq Ft
07/28/2025 07/28/25 Pending -- -- --
07/11/2025 07/11/25 Price Changed $524,000 -4.6% $366 / Sq Ft
06/18/2025 06/18/25 For Sale $549,000 -- $383 / 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 $3,932 $439,800 $210,900 $228,900
2024 $3,466 $313,700 $129,900 $183,800
2023 $3,466 $313,700 $129,900 $183,800
2022 $3,435 $313,700 $129,900 $183,800
2021 $3,665 $253,600 $112,900 $140,700
2020 $3,665 $253,600 $112,900 $140,700
2019 $3,665 $253,600 $112,900 $140,700
2018 $3,470 $221,300 $105,000 $116,300
2017 $3,388 $221,300 $105,000 $116,300
2016 $3,339 $221,300 $105,000 $116,300
2015 $3,253 $209,600 $102,600 $107,000
2014 $3,245 $209,600 $102,600 $107,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1387907

State-Wide MLS

APN: SKIN-003402-000000-000094