NOT LISTED FOR SALE

480 Big Water Rd Unit 1 Wakefield, RI 02879

Estimated Value: $611,000 - $659,000

2 Beds
2.5 Baths
2,030 Sq Ft
$314/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $272,000 $134 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,001/month

96 Days on Market

Highlights

  • Marina
  • Waterfront
  • Deck
  • Golf Course Community
  • Clubhouse
  • Wood Flooring

About This Home

As of December 2016

WELL MAINTAINED UNIT FEATURES 2 BEDS, 2.5 BATHS, HARDWOODS, FIREPLACE, GARAGE, CENTRAL A/C AND GENERATOR. THE FINISHED LOWER LEVEL MAKES AN IDEAL GUEST SUITE. ENJOY ASSOCIATION'S CLUBHOUSE, TENNIS, BEACH AND BOATING ON PARK LIKE GROUNDS.

Last Agent to Sell the Property

Steven Rei

RI Real Estate Services License #RES.0033589 Listed on: 07/27/2016

RI Real Estate Services

Last Buyer's Agent

Barbara Carroll Doherty

CARTY REALTY License #RES.0025120

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,300

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Cul-De-Sac

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Thermal Windows
  • Family Room
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Deck
  • Porch

Location

  • Property near a hospital

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 12-1
  • Assessor Parcel Number 480BIGWATERRD1SKNG

Community Details

Overview

  • Village At Indian Lake Subdivision

Amenities

  • Shops
  • Public Transportation
  • Clubhouse

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts

Pet Policy

  • Pet Size Limit
  • Dogs Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,300

Year Built

Built in 1996

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: VILLAGE AT INDIAN LAKE
  • Above Grade Finished Sq Ft: 1458.0
  • Building Name: VILLAGE AT INDIAN LAKE
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1996
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Oven, Range, Refrigerator, Range Hood, Washer
  • Has Basement: Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 572.0
  • Entry Location: First Floor Access,Private Entry
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Cable TV
  • Living Area: 2030.0
  • Dining Room Type: Den, Dining Room, Family Room, Kitchen, Laundry, Living Room
  • Stories: 2
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: Estimated

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Marina, Near Hospital, Near Schools, Public Transportation, Shopping, Tennis Court(s), Clubhouse, Sidewalks
  • Senior Community: No
  • Association Fee: 275.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Dogs OK, Size Limit, Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 480BIGWATERRD1SKNG
  • Zoning: R80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4300.0
  • Tax Lot: 12-1
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Nov 30, 2016
Sold by
Szumita Paul M and Szumita Thomas R
Bought by
Buckley Richard F and Szumita-Aube Mary
Seller's Agent
Steven Rei
RI Real Estate Services
Buyer's Agent
Barbara Carroll Doherty
CARTY REALTY
List Price
$295,000
Sold Price
$272,000
Premium/Discount to List
-$23,000
-7.8%
Current Estimated Value
$637,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,122
Avg. Annual Appreciation
10.12%
Original Mortgage
$217,800
Outstanding Balance
$175,105
Interest Rate
3.38%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$462,017

Purchase Details

Closed on
Sep 24, 2015
Sold by
Szumita Sarah A
Bought by
Szumita Sarah A

Purchase Details

Closed on
Jan 30, 1998
Sold by
Midland Builders Inc
Bought by
Szumita Sarah Ann
Source: Public Records

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
Buckley Richard F $272,000 --
Szumita Sarah A -- --
Szumita Sarah Ann $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Szumita Sarah Ann $217,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $272,000 -7.8% $134 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $295,000 -- $145 / 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 $4,170 $466,400 $0 $466,400
2024 $4,901 $443,500 $0 $443,500
2023 $4,901 $443,500 $0 $443,500
2022 $4,856 $443,500 $0 $443,500
2021 $4,167 $288,400 $0 $288,400
2020 $4,167 $288,400 $0 $288,400
2019 $4,167 $288,400 $0 $288,400
2018 $4,292 $273,700 $0 $273,700
2017 $4,190 $273,700 $0 $273,700
2016 $4,130 $273,700 $0 $273,700
2015 $3,923 $252,800 $0 $252,800
2014 $3,913 $252,800 $0 $252,800
Source: Public Records

Agents Affiliated with this Home

  • Steven Rei

    Seller's Agent in 2016

    Steven Rei

    RI Real Estate Services

    (401) 932-5507

    16 in this area

    55 Total Sales

    Steven Rei
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Map

Source: State-Wide MLS

MLS Number: 1132629

State-Wide MLS

APN: SKIN-002601-000000-000012-000001

Rhode Island Washington County Wakefield 02879

480 Big Water Rd Unit 1, Wakefield, RI

This home is located at 480 Big Water Rd Unit 1, Wakefield, RI 02879 since 27 July 2016 and is currently estimated at $637,122, approximately $313 per square foot. This property was built in 1996. 480 Big Water Rd Unit 1 is a home located in Washington County with nearby schools including South Kingstown High School.

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