NOT LISTED FOR SALE

42 Shadow Farm Way Wakefield, RI 02879

Estimated Value: $908,000 - $1,055,000

3 Beds
2.5 Baths
2,278 Sq Ft
$417/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $850,000 $373 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,304/month

73 Days on Market

Highlights

  • Marina
  • Golf Course Community
  • Cathedral Ceiling
  • Water Views
  • Water Access
  • Wood Flooring

About This Home

As of February 2023

Shadow Farm - Sited on over 24 lush acres on a former historic gentleman's farm, is the idyllic setting for this meticulously maintained three bed, two-and-a-half bath condominium. This townhome offers gorgeous oak hardwood flooring throughout with a primary first floor bedroom with en-suite bath, eat-in kitchen, half bath, first floor laundry, living room, and dining room with sliding glass doors that lead you to private brick patio looking south west over the serene landscape and steps to Silver Lake for kayak and swimming enjoyment.
The second level, off the two-story foyer, takes you to two additional guest bedrooms, full bath, and an additional den/home office with glass French doors for privacy. With a full basement, and an attached one car garage, there is plenty of room for storage! New dock installed 2021 with steps to the freshwater lake. The association also has tennis courts on site for additional outdoor activity. This offering is all minutes to in-town shopping, a quick drive or bike ride to South County beaches, and easy access to the seven mile South County Bike Path. With so much lifestyle to offer, this is easy living not to be missed as a summer home or year round residence!

Last Agent to Sell the Property

Dina Karousos

Serhant Rhode Island Listed on: 11/16/2022

Serhant Rhode Island

Last Buyer's Agent

DEBORAH WILSON

Lila Delman Compass License #RES.0030186

Lila Delman Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 1985

HOA Fees

  • $687 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unassigned Parking

Home Design

  • Entry on the 1st floor
  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,278 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Fireplace Features Masonry
  • Thermal Windows
  • Storage Room
  • Laundry in unit
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Unfinished Basement

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

Home Security

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Underground Utilities
  • 100 Amp Service
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Cul-De-Sac
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 1-42
  • Assessor Parcel Number 42SHADOWFARMWYSKNG

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, snow removal, tennis courts, trash, water
  • In Town Wakefield Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Storm Doors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,733

Year Built

Built in 1985

Lot Details

0

HOA Fees

$687 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: GUST
  • Co List Office Phone: 401-849-3000
  • Subdivision Name: In-Town Wakefield
  • Above Grade Finished Sq Ft: 2278.0
  • Building Name: Shadow Farm
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1985
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Microwave, Oven, Range, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Entry Location: First Floor Access
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Cathedral Ceiling(s), Tub Shower, Cable TV
  • Living Area: 2278.0
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: Water
  • View: Yes
  • Waterfront Features: Dock Access, Water Access, Walk to Water
  • Construction Type: Plaster, Shingle Siding, Wood Siding
  • Exterior Features: Patio, Paved Driveway, Tennis Court(s)
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, Unassigned
  • Total Parking Spaces: 3.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas, Zoned
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Underground Utilities
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Trails/Paths
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee: 687.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Call, Negotiable, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Snow Removal, Tennis Courts, Trash, Water

Lot Info

  • Parcel #: 42SHADOWFARMWYSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5733.0
  • Tax Lot: 1-42
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Davis Sally B
Bought by
Sally B Davis T B and Sally Davis
Current Estimated Value
$949,631

Purchase Details

Listed on
Nov 16, 2022
Closed on
Feb 28, 2023
Sold by
Patrick J Burke Lt and Burke
Bought by
Davis Sally B
Seller's Agent
Dina Karousos
Serhant Rhode Island
Buyer's Agent
DEBORAH WILSON
Lila Delman Compass
List Price
$875,000
Sold Price
$850,000
Premium/Discount to List
-$25,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$160,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2022
Sold by
Burke Patrick J and Burke Kathleen M
Bought by
Patrick J Burke Lt and Burke

Purchase Details

Closed on
Nov 22, 2017
Sold by
Burke Thomas E and Burke Joan
Bought by
Burke Patrick J and Burke Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.91%
Mortgage Type
New Conventional
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
Sally B Davis T B -- None Available
Davis Sally B $850,000 None Available
Patrick J Burke Lt -- None Available
Burke Patrick J $440,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Sally B $160,000
Previous Owner Burke Patrick J $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $850,000 -2.9% $373 / Sq Ft
01/29/2023 01/29/23 Pending -- -- --
11/16/2022 11/16/22 For Sale $875,000 -- $384 / 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 $7,161 $801,000 $0 $801,000
2024 $5,806 $525,400 $0 $525,400
2023 $5,806 $525,400 $0 $525,400
2022 $5,753 $525,400 $0 $525,400
2021 $6,450 $446,400 $0 $446,400
2020 $6,450 $446,400 $0 $446,400
2019 $6,450 $446,400 $0 $446,400
2018 $7,283 $464,500 $0 $464,500
2017 $7,111 $464,500 $0 $464,500
2016 $7,009 $464,500 $0 $464,500
2015 $6,745 $434,600 $0 $434,600
2014 $6,728 $434,600 $0 $434,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1325400

State-Wide MLS

APN: SKIN-005703-000000-000001-000042