NOT LISTED FOR SALE

Estimated Value: $566,000 - $714,357

4 Beds
3 Baths
4,710 Sq Ft
$139/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2022

Last sale price $510,000 $108 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,919 / mo

59 Days on Market

Highlights

  • Marina
  • Deck
  • Attic
  • Golf Course Community
  • Wood Flooring
  • Tennis Courts

About This Home

As of March 2022

Fully rented 3 family in Downtown Wakefield with a strong rental history. Two one bedroom apartments on the first floor and a two bedroom apartment on the second floor. Ample storage space and common area. Off-street parking. Walkable location near many restaurants, small businesses and large chain shopping. Easy highway access. Less than 5 miles to URI and minutes to Narragansett and other state beaches. A quarter mile to the William C. O'Neill Bike Path. Please see supplements for current income information.

Last Agent to Sell the Property

Jason Vickers

Lila Delman Compass License #REB.0019870 Listed on: 12/14/2021

Last Buyer's Agent

Harbor to Hill Real Estate Team

Warner Realty Group

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 1890

Lot Details

  • 0.39

Home Design

  • Combination Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 4,710 Sq Ft Home
  • 3-Story Property
  • Fireplace Features Masonry
  • Permanent Attic Stairs

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

  • 3 Parking Spaces
  • No Garage

Utilities

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

Additional Features

  • Deck
  • 16,988 Sq Ft Lot
  • Property near a hospital

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 55
  • Assessor Parcel Number 489WOODRUFFAVSKNG

Community Details

Overview

  • 3 Units
  • Downtown Wakefield Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Building Details

  • Operating Expense $15,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,611

Year Built

Built in 1890

Lot Details

0.39 Acres

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.39
  • Subdivision Name: Downtown Wakefield
  • Above Grade Finished Sq Ft: 4710.0
  • Garage Yn: No
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Electric Water Heater, Oven, Range, Refrigerator, Water Heater
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Hardwood
  • Interior Amenities: Attic, Permanent Attic Stairs
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Deck
  • Foundation Details: Combination
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Oil, Steam
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: Water Connected
  • 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)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 16988.0
  • Parcel #: 489WOODRUFFAVSKNG
  • Zoning: CD
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 15410.0

Tax Info

  • Tax Annual Amount: 4611.0
  • Tax Lot: 55
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Mar 11, 2022
Sold by
Bought by
Seller's Agent
Jason Vickers
Lila Delman Compass
Buyer's Agent
Harbor to Hill Real Estate Team
Warner Realty Group
List Price
$560,000
Sold Price
$510,000
Premium/Discount to List
-$50,000
-8.93%
Current Estimated Value
$652,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,839
Avg. Annual Appreciation
5.71%
Original Mortgage
$382,500
Outstanding Balance
$351,533
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$301,306

Purchase Details

Closed on
Oct 30, 2021
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Wakefield, RI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 None Available
-- None Available
$117,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $382,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $510,000 -8.9% $108 / Sq Ft
02/12/2022 02/12/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $560,000 -- $119 / Sq Ft
Source: State-Wide MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,055 $453,600 $211,500 $242,100
2024 $4,623 $418,400 $162,600 $255,800
2023 $4,623 $418,400 $162,600 $255,800
2022 $4,581 $418,400 $162,600 $255,800
2021 $4,611 $319,100 $125,000 $194,100
2020 $4,611 $319,100 $125,000 $194,100
2019 $4,611 $319,100 $125,000 $194,100
2018 $4,248 $270,900 $119,600 $151,300
2017 $4,147 $270,900 $119,600 $151,300
2016 $4,088 $270,900 $119,600 $151,300
2015 $4,148 $267,300 $108,700 $158,600
2014 $4,138 $267,300 $108,700 $158,600
Source: Public Records

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Map

Source: State-Wide MLS

MLS Number: 1300053

State-Wide MLS

APN: SKIN-005701-000000-000055

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