NOT LISTED FOR SALE

50 Beach Dr Wakefield, RI 02879

Estimated Value: $1,326,769 - $1,561,000

3 Beds
2 Baths
1,456 Sq Ft
$982/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $629,000 $432 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,695/month

196 Days on Market

Highlights

  • Beach Front
  • Golf Course Community
  • Wood Flooring
  • Marina
  • Deck
  • Attic

About This Home

As of December 2016

Waterfront one level summer or year round home on Green Hill Pond. 169 Ft of frontage on pond w/dock. Features inc. open fireplace, FP/living room, huge yard & spectacular sunsets, new heat & A/C, must see, close to many amenities!

Last Agent to Sell the Property

John Krekorian

Flagship Real Estate Advisors License #RES.0024980 Listed on: 05/03/2016

Flagship Real Estate Advisors

Last Buyer's Agent

Daniel Marantz

BHHS New England Properties License #RES.0031334

BHHS New England Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,507

Year Built

  • Built in 1954

Lot Details

  • 0.41 Acre Lot
  • Beach Front
  • Property is zoned R-80

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,456 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Fireplace Features Masonry
  • Thermal Windows
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Central Air
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Deck
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 178
  • Assessor Parcel Number 50BEACHDRSKNG

Community Details

Recreation

  • Marina
  • Golf Course Community

Additional Features

  • Green Hill Subdivision
  • Shops

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,507

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Co List Office Mls Id: RMAX09
  • Co List Office Phone: 401-789-2255
  • Subdivision Name: GREEN HILL
  • Above Grade Finished Sq Ft: 1456.0
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1954
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Oven, Oil Water Heater, Range, Refrigerator, Water Heater, Washer
  • Has Basement: Partial, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Fireplace Features: Masonry
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Attic, Central Vacuum, Cable TV
  • Living Area: 1456.0
  • Stories: 1
  • Window Features: Thermal Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Waterfront Features: Beach Front, Dock Access
  • Disclosures: Owner Has Flood Insurance
  • Construction Type: Plaster
  • Exterior Features: Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Built In
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Septic Tank
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Marina, Near Hospital, Near Schools, Shopping
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17859.0
  • Parcel #: 50BEACHDRSKNG
  • Zoning: R-80
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 10507.0
  • Tax Lot: 178
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Dec 16, 2016
Sold by
Carmody Family Assoc L
Bought by
Reid Ethan O
Seller's Agent
John Krekorian
Flagship Real Estate Advisors
Buyer's Agent
Daniel Marantz
BHHS New England Properties
List Price
$699,999
Sold Price
$629,000
Premium/Discount to List
-$70,999
-10.14%
Current Estimated Value
$1,429,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$800,192
Avg. Annual Appreciation
9.78%
Original Mortgage
$503,200
Outstanding Balance
$411,210
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,017,982

Purchase Details

Listed on
May 3, 2016
Closed on
Dec 12, 2016
Sold by
Carmody Ft
Bought by
Nance Russell E
Seller's Agent
John Krekorian
Flagship Real Estate Advisors
Buyer's Agent
Daniel Marantz
BHHS New England Properties
List Price
$699,999
Sold Price
$629,000
Premium/Discount to List
-$70,999
-10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Outstanding Balance
$411,210
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,017,982
Source: Public Records

Range of Values:

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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
Reid Ethan O $629,000 --
Nance Russell E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nance Russell E $503,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $629,000 -10.1% $432 / Sq Ft
11/16/2016 11/16/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $699,999 -- $481 / 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 $13,051 $1,459,800 $1,162,100 $297,700
2024 $13,166 $1,191,500 $952,800 $238,700
2023 $13,166 $1,191,500 $952,800 $238,700
2022 $13,047 $1,191,500 $952,800 $238,700
2021 $11,002 $761,400 $586,500 $174,900
2020 $10,787 $746,500 $586,500 $160,000
2019 $10,469 $724,500 $586,500 $138,000
2018 $10,615 $677,000 $552,000 $125,000
2017 $10,365 $677,000 $552,000 $125,000
2016 $10,216 $677,000 $552,000 $125,000
2015 $9,584 $617,500 $502,400 $115,100
2014 $9,559 $617,500 $502,400 $115,100
Source: Public Records

Agents Affiliated with this Home

  • John Krekorian

    Seller's Agent in 2016

    John Krekorian

    Flagship Real Estate Advisors

    (401) 742-8339

    11 in this area

    93 Total Sales

    John Krekorian
    Section Image
  • Daniel Marantz

    Buyer's Agent in 2016

    Daniel Marantz

    BHHS New England Properties

    (401) 487-6654

    14 Total Sales

    Daniel Marantz
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1124772

State-Wide MLS

APN: SKIN-009001-000000-000178

Rhode Island Washington County Wakefield 02879

50 Beach Dr, Wakefield, RI

This home is located at 50 Beach Dr, Wakefield, RI 02879 since 03 May 2016 and is currently estimated at $1,429,192, approximately $981 per square foot. This property was built in 1954. 50 Beach Dr is a home located in Washington County with nearby schools including South Kingstown High School.

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