NOT LISTED FOR SALE

52 Branch St Wakefield, RI 02879

Estimated Value: $496,245 - $603,000

4 Beds
2 Baths
2,460 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $444,000 $180 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,329/month

18 Days on Market

Highlights

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

About This Home

As of October 2021

Wonderful and rare opportunity to own a 2 Family in Wakefield! Perfect investment in a market where rentals are in high demand. Also ideal to buy and live in one unit and rent out the other. Great rental history. Located on a nice large beautiful lot with a large garden. Walk to town, restaurants, shopping, Old Mountain Field and all of Wakefield and Peace Dale. New roof, gutters and interior painting. Hardwood floors throughout and a full basement with laundry hookup, storage and work bench. Town water and sewer. Currently vacant to allow the next owner to select their tenants/occupants

Last Agent to Sell the Property

Kenneth Munroe

Keller Williams Coastal License #RES.0025470 Listed on: 08/27/2021

Keller Williams Coastal

Last Buyer's Agent

Sheil Team

Mott & Chace Sotheby's Intl.

Mott & Chace Sotheby's Intl.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,455

Year Built

  • Built in 1962

Lot Details

  • 0.34

Home Design

  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Workshop
  • Storage Room
  • Laundry Room
  • Utility Room
  • Wood Flooring
  • Storm Doors
  • Attic

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Oil
  • Baseboard Heating
  • Hot Water Heating System
  • 200+ Amp Service
  • Oil Water Heater
  • Cable TV Available

Additional Features

  • Porch
  • 0.34 Acre Lot
  • Property near a hospital

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 52BRANCHSTSKNG

Community Details

Overview

  • 2 Units
  • Wakefield Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,455

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.34
  • Subdivision Name: Wakefield
  • Above Grade Finished Sq Ft: 2460.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1962
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Oil Water Heater, Range, Refrigerator, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Amenities: Attic, Cable TV
  • Dining Room Type: Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Block
  • Patio And Porch Features: Porch

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Hot Water, Oil
  • Heating Yn: Yes
  • Electric: 200+ Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, 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: 14810.0
  • Parcel #: 52BRANCHSTSKNG
  • Zoning: R-10
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3455.0
  • Tax Lot: 30
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2022
Sold by
Sheibar Michael S
Bought by
Michael & M Sheibar Lt
Current Estimated Value
$572,061

Purchase Details

Listed on
Aug 27, 2021
Closed on
Oct 15, 2021
Sold by
Abushanab Lt
Bought by
Sheibar Michael S
Seller's Agent
Kenneth Munroe
Keller Williams Coastal
Buyer's Agent
Sheil Team
Mott & Chace Sotheby's Intl.
List Price
$429,900
Sold Price
$444,000
Premium/Discount to List
$14,100
3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$333,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Michael & M Sheibar Lt -- None Available
Sheibar Michael S $444,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheibar Michael S $333,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $444,000 +3.3% $180 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $429,900 -- $175 / 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 $3,842 $429,700 $168,700 $261,000
2024 $4,254 $385,000 $129,900 $255,100
2023 $4,254 $385,000 $129,900 $255,100
2022 $4,216 $385,000 $129,900 $255,100
2021 $3,455 $239,100 $112,900 $126,200
2020 $3,455 $239,100 $112,900 $126,200
2019 $3,455 $239,100 $112,900 $126,200
2018 $3,332 $212,500 $105,000 $107,500
2017 $3,253 $212,500 $105,000 $107,500
2016 $3,207 $212,500 $105,000 $107,500
2015 $3,206 $206,600 $102,600 $104,000
2014 $3,198 $206,600 $102,600 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1287057

State-Wide MLS

APN: SKIN-004904-000000-000030