D
Seller's Agent in 2019
Dan Driscoll
Coastal Properties RI
(401) 207-6200
10 in this area
60 Total Sales
507 High St Wakefield, RI 02879
Estimated Value: $526,000 - $798,000
6
Beds
4
Baths
5,460
Sq Ft
$121/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Window Unit Cooling System
- Public Transportation
- Attic
- Bathtub with Shower
- 4-minute walk to Old Mountain Field
About This Home
As of January 2019Investors take note. Rare Legal 3 Family in the heart of Peace Dale. Just a short walk to Wakefield and very close to URI. This property has a great rental history and produces a great cash flow. Updates include a new roof, 1st generation replacement windows, and electric heat in all 3 units. Zoned CD ( commercial downtown, which lends itself to many possibilities). This property once had approvals in hand for a new 5 unit building on the same lot (you would be responsible for getting the approvals reinstated).
Last Agent to Sell the Property
Coastal Properties RI License #REB.0018922 Listed on: 11/28/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,618
Year Built
- Built in 1920
Lot Details
- 0.36
Home Design
- Combination Foundation
- Block Foundation
- Shingle Siding
- Concrete Perimeter Foundation
- Plaster
Interior Spaces
- 5,460 Sq Ft Home
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Permanent Attic Stairs
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
- Bathtub with Shower
Parking
- 20 Parking Spaces
- No Garage
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Steam
- 100 Amp Service
- Electric Water Heater
Additional Features
- 0.36 Acre Lot
- Property near a hospital
Listing and Financial Details
- Tax Lot 150
- Assessor Parcel Number 507HIGHSTSKNG
Community Details
Overview
- 3 Units
- Peace Dale Subdivision
Additional Features
- Public Transportation
- Operating Expense $9,500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2018
Closed on
Jan 31, 2019
Sold by
Driscoll Daniel J
Bought by
Mccrory Glenn and Mccrory Gretel A
Seller's Agent
Dan Driscoll
Coastal Properties RI
Buyer's Agent
Ann McCrory
RI Real Estate Services
List Price
$369,900
Sold Price
$362,500
Premium/Discount to List
-$7,400
-2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,853
Avg. Annual Appreciation
8.70%
Original Mortgage
$270,000
Outstanding Balance
$237,857
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$420,496
Purchase Details
Closed on
Jun 21, 2010
Sold by
Dan Driscoll & Partners
Bought by
Driscoll Daniel J and Driscoll Renee M
Purchase Details
Closed on
Feb 11, 2005
Sold by
Deusche Joseph S
Bought by
Driscoll Daniel J and Driscoll Renee M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.83%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mccrory Glenn | $362,500 | -- | |
| Driscoll Daniel J | -- | -- | |
| Driscoll Daniel J | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccrory Glenn | $270,000 | |
| Previous Owner | Driscoll Daniel J | $276,500 | |
| Previous Owner | Driscoll Daniel J | $60,000 | |
| Previous Owner | Driscoll Daniel J | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2019 01/31/19 | Sold | $362,500 | -2.0% | $66 / Sq Ft |
| 01/01/2019 01/01/19 | Pending | -- | -- | -- |
| 11/28/2018 11/28/18 | For Sale | $369,900 | 0.0% | $68 / Sq Ft |
| 05/18/2013 05/18/13 | For Rent | $975 | +2.6% | -- |
| 05/18/2013 05/18/13 | Rented | $950 | -- | -- |
Source: State-Wide MLS
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 | $3,786 | $423,500 | $161,400 | $262,100 |
| 2024 | $4,430 | $400,900 | $124,000 | $276,900 |
| 2023 | $4,430 | $400,900 | $124,000 | $276,900 |
| 2022 | $4,390 | $400,900 | $124,000 | $276,900 |
| 2021 | $4,504 | $311,700 | $102,200 | $209,500 |
| 2020 | $4,504 | $311,700 | $102,200 | $209,500 |
| 2019 | $4,504 | $311,700 | $102,200 | $209,500 |
| 2018 | $3,619 | $230,800 | $68,100 | $162,700 |
| 2017 | $3,534 | $230,800 | $68,100 | $162,700 |
| 2016 | $3,483 | $230,800 | $68,100 | $162,700 |
| 2015 | $3,566 | $229,800 | $72,300 | $157,500 |
| 2014 | $3,557 | $229,800 | $72,300 | $157,500 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Driscoll
-
Ann McCrory
Buyer's Agent in 2019
Ann McCrory
RI Real Estate Services
(401) 413-6075
4 in this area
64 Total Sales
-
D
Buyer's Agent in 2013
Daniel Driscoll
Landmark Realty
Map
Source: State-Wide MLS
MLS Number: 1210329
APN: SKIN-004803-000000-000150
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