NOT LISTED FOR SALE

49 West St Wakefield, RI 02879

Estimated Value: $717,923

1 Bed
0.5 Bath
320 Sq Ft
$2,244/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $110,000 $344 Per Sq Ft

Est. 553% increase in value since last sale

Current estimated payment $4,544/month

18 Days on Market

Highlights

  • Marina
  • Recreation Facilities
  • Porch
  • Cottage
  • Walking Distance to Water
  • Shops

About This Home

As of July 2021

Enjoy your summers at the beach in this classic beach cottage located at Mary Carpenters in Matunuck. A short stroll away is the Atlantic Ocean and South Kingstown Beach. Spend the day relaxing in the warm sand then come back to your beach home and enjoy an evening BBQ. All the summer activities just footsteps from your new summer home swimming, boating, surfing, fishing, clamming or just relaxing on the beach. Walk to restaurants, ice cream, farm stand, grocery market, laundromat, and art gallery. Mary Carpenters is a summer community located across from the beach. It is open from May 7th through October 15th. Come relax and make your summertime memories. Leased land and cash purchase only.

Last Agent to Sell the Property

Chad Dupuis

Coldwell Banker Coastal Homes License #RES.0028718 Listed on: 07/03/2021

Coldwell Banker Coastal Homes

Last Buyer's Agent

Suzanne Champagne

RI Real Estate Services License #RES.0042591

RI Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $499

Year Built

  • Built in 1950

Lot Details

  • Land Lease

HOA Fees

  • $325 Monthly HOA Fees

Home Design

  • Cottage
  • Wood Siding
  • Shingle Siding

Interior Spaces

  • 320 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 0.5 Bathroom

Parking

  • 1 Parking Space
  • No Garage

Outdoor Features

  • Walking Distance to Water
  • Porch

Utilities

  • No Cooling
  • No Heating
  • 100 Amp Service
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 55-49
  • Assessor Parcel Number 498THSTSKNG

Community Details

Overview

  • Mary Carpenter's Subdivision

Amenities

  • Shops

Recreation

  • Marina
  • Recreation Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$499

Year Built

Built in 1950

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: Mary Carpenter's
  • Above Grade Finished Sq Ft: 320.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1950
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Oven, Range, Refrigerator
  • Has Basement: None
  • Basement YN: No
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Vinyl
  • Living Area: 320.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Walk to Water
  • Construction Type: Shingle Siding, Wood Siding
  • Exterior Features: Porch
  • Foundation Details: See Remarks
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Marina, Near Schools, Recreation Area, Shopping
  • Senior Community: No
  • Association Fee: 3900.0
  • Association Fee Frequency: Annually

Lot Info

  • Land Lease: Yes
  • Parcel #: 498THSTSKNG
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 499.0
  • Tax Lot: 55-49
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Nov 21, 2019
Sold by
Simpson Delores E
Bought by
Lawless Cheryl E
Seller's Agent
Rebecca Donnell
BHHS New England Properties
Buyer's Agent
Rebecca Donnell
BHHS New England Properties
List Price
$394,900
Sold Price
$350,000
Premium/Discount to List
-$44,900
-11.37%
Current Estimated Value
$717,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,923
Avg. Annual Appreciation
12.95%
Original Mortgage
$280,000
Outstanding Balance
$245,834
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$472,089
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
Lawless Cheryl E $350,000 --
Lawless Cheryl E $350,000 --
Lawless Cheryl E $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawless Cheryl E $280,000
Closed Lawless Cheryl E $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2021 07/21/21 Sold $110,000 +10.0% $344 / Sq Ft
07/03/2021 07/03/21 For Sale $100,000 -71.4% $313 / Sq Ft
11/21/2019 11/21/19 Sold $350,000 -11.4% $298 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $394,900 -- $336 / 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 $4,950 $553,700 $354,800 $198,900
2024 $4,975 $450,200 $291,100 $159,100
2023 $4,975 $450,200 $291,100 $159,100
2022 $4,930 $450,200 $291,100 $159,100
2021 $4,270 $295,500 $179,200 $116,300
2020 $4,270 $295,500 $179,200 $116,300
2019 $4,270 $295,500 $179,200 $116,300
2018 $4,215 $268,800 $168,700 $100,100
2017 $4,115 $268,800 $168,700 $100,100
2016 $4,056 $268,800 $168,700 $100,100
2015 $3,927 $253,000 $153,400 $99,600
2014 $3,916 $253,000 $153,400 $99,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1287128

State-Wide MLS

APN: SKIN-008702-000000-000066